How to qualify for the LTR Visa in Thailand?
The Long-Term Resident (LTR) Visa allows foreigners to stay in the country for up to 10 years and have up to four family members accompany the principal visa holder. If you qualify for Thailand LTR Visa requirements, you will receive the initial visa for 5 years and can extend your LTR Visa for another 5 years if you still meet the qualifications. Below are the Thailand LTR Visa requirements for different categories.
Valuable insights and practical advice, distilled from years of expertise and real-world experience.
Thai LTR Visa for Wealthy Global Citizens requirements
The Thai LTR Visa for Wealthy Global Citizens is for individuals with at least $1 million in assets. Here are the Thai LTR Visa requirements for this category:
- Applicants must possess a minimum of $1 million in personal net worth
- Proof of $80,000 or more in annual income for the last two years
- Investment of at least $500,000 in bonds or a business or real estate
- Maintain a $100,000 yearly balance in the bank or provide sufficient health insurance
The required documents to be submitted as part of the Thailand LTR Visa requirements for wealthy global citizens include:
- Valid passport (with a minimum of 6 months remaining) in an application for LTR visa
- Proof of current health insurance or valid social security benefits for medical treatment in Thailand
- Clear passport-sized photo
- Documentation of investment (e.g., Thai Government Bond, company shareholder documentation, ownership of real property)
- Proof of ownership of global assets
Thai LTR Visa for Wealthy Pensioners requirements
Wealthy pensioners are retirees aged 50 and older with an annual pension or stable passive income. Foreigners who fall in this category must provide the Thailand 10-year visa requirements, including:
- Passive income of at least $80,000 (pensions, rentals, dividends, etc.)
- Minimum investment of $250,000 in Thai assets if passive income is between $40,000 and $80,000
- Maintain a bank balance of at least $100,000 or have proper health insurance
The required documents to be submitted as part of the Thailand LTR Visa requirements for wealthy pensioners include:
- Valid passport (with a minimum of 6 months remaining) in an application for LTR Visa
- Proof of current health insurance or valid social security benefits for medical treatment in Thailand
- Clear passport-sized photo
- Official personal income tax return as filed with state authorities
- Documentation of investment
- A verification letter from the applicant’s country confirming no criminal records or a Thai police certificate
Thai LTR Visa for Work-From-Thailand Professionals requirements
Individuals working remotely from Thailand are professionals employed by reputable foreign companies eligible for the LTR Visa. Below are the Thailand LTR Visa requirements under this category:
- Exhibit an average annual salary of no less than $80,000 for the past two years
- Offer documents such as a master’s degree for an LTR Visa at BOI if earning between $40,000 and $80,000
- Be employed in a publicly traded company that has been operating for a minimum of three years and has at least $150,000 in annual revenue, or you have worked five years in a relevant role in the last decade
- Maintain an annual bank balance of $100,000 or have adequate health insurance
The required documents to be submitted as part of the Thailand LTR Visa requirements for applicants in this category include:
- Valid passport (with a minimum of 6 months remaining) in an application for LTR Visa
- Proof of current health insurance or valid social security benefits for medical treatment in Thailand
- Clear passport-sized photo
- Applicant’s curriculum vitae
- Copy of the applicant’s relevant master’s degree or higher
- Evidence of related employment
- Evidence of achievements (research projects, publications, awards, professional certificates)
- Official personal income tax return
Thai LTR Visa for Highly-Skilled Professionals requirements
Professionals or specialists can also be eligible for an LTR Visa. This applies to individuals employed in the promoted (focused) sectors or Thai government agencies involved in business, in higher education, or in a research institute, or a specialized training organization. Here are the Thailand LTR Visa requirements for highly-skilled professionals:
- Minimum annual earnings of $80,000 for the past two years (with the exception of working for a Thai government agency)
- Possessing a master’s degree in science and technology is a requirement if your earnings are between $40,000 and $80,000
- Work for an approved Thai or foreign company or demonstrate the relevant skills
- Have at least five years of experience in the targeted sectors unless they have a PhD or work for a Thailand government agency
- Must have a bank balance of at least – $100,000 or have adequate health insurance
The required documents to be submitted as part of the Thailand LTR Visa requirements for highly-skilled professionals include:
- Valid passport (with a minimum of 6 months remaining) in an application for LTR Visa
- Proof of current health insurance or valid social security benefits for medical treatment in Thailand
- Clear passport-sized photo
- Applicant’s curriculum vitae
- Copy of the applicant’s relevant master’s degree or higher
- Proof of full ownership of intellectual property
- Employment letter signed by an authorized person (for private sector applicants)
- Official personal income tax return
LTR Visa Thailand for Spouses and Dependents requirements
The spouse and children under 20 years of age of LTR Visa holders can apply (with a maximum of four family members per LTR Visa holder). The following are the Thailand LTR Visa requirements for spouses and dependents:
- Maintain a minimum balance of $25,000 in a bank account for each dependent for a whole year or have adequate health insurance coverage for each dependent
- Dependents must be legitimate spouses or children (natural or adoptive) of the LTR Visa holder
- Children must be under 20 years of age to be considered dependents
The required documents to be submitted as part of the Thailand LTR Visa requirements for dependents include:
- Valid passport (with a minimum of 6 months remaining) in an application for LTR Visa
- Evidence of family relationships
- Proof of current health insurance or valid social security benefits for medical treatment in Thailand
- A verification letter from the applicant’s country confirming no criminal records or a Thai police certificate
Valuable insights and practical advice, distilled from years of expertise and real-world experience.
Frequently Asked Questions (FAQs)
Do I need a work permit to work in Thailand with an LTR Visa?
Yes, you will need a work permit for work in Thailand with an LTR (Long-Term Resident) Visa, but it is a streamlined process, so the permit is provided along with the visa approval.
How much bank balance is required for a Thai LTR Visa?
For a Thai LTR (Long-Term Resident) Visa, you typically need to show a bank balance or annual income of at least $80,000 per year or $40,000 per year with additional investment or qualifications.
Is it easy to get a Thai LTR Visa?
Acquiring a Thai Long-Term Resident Visa can be easy if you qualify under the criteria outlined for financial, professional, and investment avenues. However, the application can be different depending on the case.
Can any nationality obtain a long-term resident visa in Thailand?
Yes, citizens of any country can obtain a Thai Long-Term Resident (LTR) Visa as long as they meet the particular financial, professional, or investment criteria outlined by the Thai government.
What are the most common Thailand LTR Visa requirements?
The most common Thailand LTR Visa requirements are typically an annual minimum income of $80,000 (or $40,000 Latin income if $250,000 is invested in Thai assets), health insurance coverage of at least $50,000, a clear criminal background check, and relevant work experience or qualifications.
