Long Term Resident Visa (LTR) Visa
Thailand’s Long-Term Resident (LTR) Visa is a special 10-year, multiple-entry residence visa designed to attract wealthy individuals, highly skilled professionals, remote workers, and retirees to live in Thailand with greater stability and benefits than traditional visas. It’s part of Thailand’s strategy to draw long-term foreign residents who contribute economically and culturally to the country.
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Long Term Resident Visa (LTR)
🧾What Is the LTR Visa?
A 10-year validity visa (renewable) that allows holders to live long-term in Thailand without frequent renewals or visa runs.
Available for applicants and their families (spouse and children), usually under a single application system.
It is not the same as permanent residency, but provides many near-residency benefits.
Get startedLong Term Resident (LTR) Visa
Key points about the LTR Visa include:
1. Target Audience: The visa is aimed at wealthy individuals, highly skilled professionals, retirees, and people who can contribute to Thailand’s economy through investment, technology, or talent.
2. Duration: The LTR Visa is designed for long-term residency, making it ideal for those who plan to stay in Thailand for an extended period.
3. Benefits:
Tax Benefits: Reduced personal income tax rates and other tax incentives to make Thailand more competitive with other regional hubs.
Non-Tax Benefits: Easier visa renewals, work permits, and possibly other benefits like simplified processes for bringing in family members.
Benefits & Key Points
1. 10-Year Renewable Visa:
The LTR Visa is initially granted for a period of 5 years. If the qualifications continue to be met, it can be extended for an additional 5 years, totaling 10 years.
2. Exemption from Employment Ratio Requirements:
LTR Visa holders are exempt from the usual requirement that a Thai company must employ four Thai nationals for every foreign employee.
3. Fast Track Service at International Airports:
LTR Visa holders are eligible for fast-track immigration services at international airports in Thailand, which can significantly speed up the process of entering or exiting the country.
4. 90-Days Reporting Extended to 1-Year
LTR Visa holders are only required to report to immigration once a year instead of every 90 days, making it more convenient to stay long-term.
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5. Multiple Re-Entry Permit:
The visa allows for multiple entries and exits from Thailand without the need to apply for a re-entry permit each time.
6. Permission to Work in Thailand (Digital Work Permit):
LTR Visa holders are granted the right to work in Thailand, and they will receive a digital work permit.
7. 17% Personal Income Tax for Highly-Skilled Professionals:
Highly skilled professionals who hold an LTR Visa are eligible for a reduced personal income tax rate of 17%.
8. Tax Exemption for Overseas Income:
LTR Visa holders are exempt from paying taxes on income earned overseas.
9. One Stop Service Center for Visa and Work Permit:
LTR Visa holders can access immigration and work permit services through a streamlined process at the One Stop Service Center, making administrative tasks easier and faster.
Wealthy Global Citizens
Key Requirements:
– Minimum investment in Thailand (specific amount depends on the regulations).
– Maintenance of investment throughout the visa period.
– Proof of a stable financial status and assets.
Wealthy Pensioners
Key Requirements:
– A minimum monthly pension or retirement income.
– Proof of sufficient financial resources to cover living expenses in Thailand.
– Ongoing proof of income or assets during the visa duration.
Work-from-Thailand Professionals
Key Requirements:
– Proof of employment with a foreign company.
– Minimum income or salary threshold.
– Ongoing employment and income verification.
Highly-Skilled Professionals
Key Requirements:
– Employment with a company or organization in Thailand.
– Minimum income or salary threshold.
– Continued employment in the specific field.
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