In January 2025, the Thailand Board of Investment (BOI) announced significant adjustments to the criteria for the Long-Term Resident (LTR) Visa, making it more accessible and inclusive than ever before. Since the updated guidelines were introduced, our team has received numerous inquiries regarding the impact of these changes. Below is a comprehensive overview of what you need to know about the LTR Visa in 2025 and how the new requirements will impact potential applicants.
What is the LTR Visa?
The Thailand Long-Term Resident (LTR) Visa was introduced by the Thailand Board of Investment (BOI) in September 2022. The program aims to attract high-net-worth foreign residents, talents, and technologies that will contribute to the country’s domestic spending and investment while supporting overall economic growth. The LTR Visa offers a range of tax and non-tax benefits, including a stay of up to 10 years in Thailand. Since its inception, more than 6,000 successful applications have been approved by BOI, making the country a more attractive regional hub for high-potential foreign residents.
Types of LTR Visa and Qualifications
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- At least USD 1 million in global assets
- Investment of at least USD 500,000 in Thailand
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- Applicants must be 50 years of age or older
- Passive income of at least USD 80,000 per annum
- If passive income is below USD 80,000 per annum but not less than USD 40,000, applicants must have an investment of at least USD 250,000 in Thailand
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- Personal income of at least USD 80,000 per annum
- If personal income is below USD 80,000 per annum but not less than USD 40,000, applicants must have a master’s degree or above, own intellectual property, or receive Series A funding
- The company employing the applicant must be a publicly listed company or have a combined revenue of at least USD 50 million in the previous 3 years
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- Personal income of at least USD 80,000 per annum
- If personal income is below USD 80,000 per annum but not less than USD 40,000, applicants must have a master’s degree or above in science and technology, or special expertise relevant to their job assignment in Thailand
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- Legal spouse of the LTR Visa holder
- Parents of the LTR Visa holder
- Children under the age of 20 of the LTR Visa holder
LTR visa applicants must have health insurance with at least USD 50,000 in coverage, social security benefits that cover treatment in Thailand, or a deposit of at least USD 100,000 for no less than 12 months for the main applicant (USD 25,000 for each dependent).
Benefits of the Thailand LTR Visa
- 10-year renewable visa: The LTR Visa is initially granted for 5 years, and it can be extended for an additional 5 years, as long as the visa holder continues to meet the eligibility requirements.
- Exemption from the 4 Thais to 1 foreigner employment requirement ratio
- Fast-track services at international airports in Thailand
- 90-day report to the immigration bureau extended to 1 year
- Multiple re-entry permit
- Permission to work in Thailand: LTR visa holders are permitted to work in Thailand, except for the ‘Work-From-Thailand Professionals’ category.
- Tax privileges: 17% personal tax rate for ‘Highly-Skilled Professionals’ and tax exemption for overseas income for other LTR Visa categories.
- Visa and work permit facilitation at the One Stop Service Center (OSSC)
Why Apply for the Thailand LTR Visa with Thai Relo Services?
Thai Relo Services is one of the country’s four Certified Agencies (CAs) for the Long-Term Resident (LTR) Visa. Since the program’s inception, our team has assisted BOI in pre-screening over a thousand applications and successfully facilitating hundreds of approvals. Our experienced team of professional staff is committed to providing you with the most up-to-date information and personalized support, ensuring a seamless process for your LTR Visa application.
Contact Us For A Free Consultation
- Send us a message: www.thaireloservices.com/contact-us/
- Tel.: +662 687 7915, +662 687 7982
- Email:enquiry@thaireloservices.com
