LTR visa is 10 year renewable visa Permission will be granted to stay in Thailand the first time for 5 years which can be extended for 5 more years if qualifications are met. So if you plan to stay a long time in Thailand you should consider this new type of visa.

If you are planning to apply for LTR make sure you are in these categories ;

• High-income foreign individuals
• Foreign retirees
• Foreigners intending to work remotely from Thailand
• Foreign professionals with “special” skills

An LTR visa holder is permitted to bring along up to 4 family members including their legal spouse and children under the age of 20.

This means those who seek a ‘digital nomad’ lifestyle can apply for the LTR visa and work legally in Thailand for as long as 10 years if they meet the eligibility criteria.

Additionally, the LTR visa holders will be able to apply for work permits to conduct work in the Kingdom.

One thing for holding a LTR visa is you don't need to do a 90-day report at Immigration instead you do a 1-year report at Immigration.

If you are a foreigners with profession and want to apply for LTR these are the requirments you need :

• Must produce an employment contract or service agreement entered with business in Thailand or abroad
• Foreign specialists must show proof of work experience in one of the targeted industries for a minimum of 5 years performed within 10 years of the application date.
• The current employer must be a public company on stock exchange or private company in operation for at least 3 years with combined revenue of at least USD 150 million in the last 3 years
• Personal income of a minimum of 80,000 USD/year in the past 2 years
• In case of having personal income only between USD 40,000 to USD 80,000/ year in the part 2 years, the applicant must have a Master’s degree or above or own intellectual property or receive Series A funding of no less than USD 1 million.
• Must present a health insurance policy covering medical expenses in Thailand no less than USD 50,000. The remaining coverage period shall not be less than 10 months on the date of the application, OR provide evidence of savings of at least USD 100,000 held in a Thai or overseas bank account for no less than 12 months before the date of application.

Thailand is introducing a new visa called “Long-Term Resident (LTR) Visa” which is a program that provides a range of tax and non-tax benefits to enhance the country’s attractiveness as a regional hub for living and doing business for ‘high-potential’ individuals. Today, Thailand is already home to multinational corporations from all over the world and one of the most important tourist destinations in Asia.

If you are a foreigners with high income and a retiress and want to apply for LTR these are the requirments you need :

• Must present a health insurance policy covering medical expenses in Thailand no less than USD 50,000. The remaining coverage period shall not be less than 10 months on the date of the application, OR provide evidence of savings of at least USD 100,000 held in a Thai or overseas bank account for no less than 12 months before the date of application.
• High earners must have proof of personal income of at least USD 80,000 annually during the period of 2 years prior to the application date
• Must have at least 1 million USD in assets
• Must have an investment of at least USD 500,000 in Thai government bonds, foreign direct investment or Thai property

LTR visas will be offered to four categories of foreigners: Wealthy Global Citizens, Wealthy Pensioners, Work-from-Thailand Professionals, and Highly-Skilled Professionals. Spouses and dependents of LTR visa holders will also qualify for the same visas.

• Wealthy Global Citizen

  Wealthy individuals holding at least USD 1 million in assets

• Wealthy Pensioner

  Retirees aged 50 years and older who have an annual pension or stable income

• Work From Thailand Professional / Nomad

  Remote workers working for well-established overseas companies

• Highly Skilled Professional

  Professionals or experts in targeted industries working for business entities or higher education institutes or research centers or specialized training institutions in Thailand or Thai government agencies

• Dependents

  Spouse and children under 20 years old of LTR visa holders (Maximum 4 dependents in total per one LTR visa holder)

There will be many privileges for LTR visa holders that will make living in Thailand long term easier. Beyond the overall ease of regulations concerning foreign residents, the LTR visa program makes the process of hiring foreigners easier and the foreign experts hired will strengthen the private business sector of Thailand.

These are the privileges for LTR ; 

- 10 year renewable visa

- Employment from 4 Thais to 1 foreigner emplyment requirement ratio

- Fast track service at internationala airports in Thailand

- 1-year report to the Immigration

- Multiple re-entry permit

- Permission to work in Thailand (Digital work permit)

​​​​​​If you are a foreigners with high income retirees want to apply for LTR these are the requirments you need :

• Must present a health insurance policy covering medical expenses in Thailand no less than USD 50,000. The remaining coverage period shall not be less than 10 months on the date of the application, OR provide evidence of savings of at least USD 100,000 held in a Thai or overseas bank account for no less than 12 months before the date of application.
• High earners must have proof of personal income of at least USD 80,000 annually at the time of application
• In case of having personal income only between USD 40,000 to USD 80,000/ year, the applicant must invest at least USD 250,000 in Thai government bonds, foreign direct invest or Thai property

LTR visas will be offered to four categories of individuals: Wealthy Global Citizens, Wealthy Pensioners, Work-from-Thailand Professionals, and Highly-Skilled Professionals. Spouses and dependents of LTR visa holders will also qualify for the same visas.

If you are a foreigners with foreign experts and want to apply for LTR these are the requirments you need :

• Must produce an employment contract or service agreement entered with business in Thailand or abroad
• Foreign specialists must show proof of work experience in one of the targeted industries for a minimum of 5 years except for applicants with a PhD or above in relevant fields
• Personal income of a minimum of 80,000 USD/year in the past 2 years
• In case of having personal income only between USD 40,000 to USD 80,000/ year in the past 2 years or before retirement, the applicant must have a Master’s degree or above in science and technology or special expertise relevant to the job assignment in Thailand
• No minimum income requirement for foreign workers who intend to conduct work in government higher educational institutions, research centers, specialized training centers, or government agencies.
• Must present a health insurance policy covering medical expenses in Thailand no less than USD 50,000. The remaining coverage period shall not be less than 10 months on the date of the application, OR provide evidence of savings of at least USD 100,000 held in a Thai or overseas bank account for no less than 12 months before the date of application.