Thailand Long-Term Resident (LTR) Visa

A Thailand Long-Term Resident (LTR) Visa provides a straightforward way for you to legally live and work in Thailand for up to 10 years. The Thai government introduced the LTR visa to appeal to affluent global citizens and international experts with specific skills, aiming to boost the country’s economic growth.

Thailand, a major player in the ASEAN region, seeks to enhance its position by encouraging more talented foreign professionals to live, work, and/or invest within its borders, so if you fit this description then this visa could be for you. Unlike with other long-term Thai visas, holding an LTR Visa allows you to reside in Thailand for multiple years without the need for regular border crossings or immigration check-ins, and grants the opportunity to obtain employment legally with a work permit.

Why apply for an LTR Visa?

While an LTR visa may have more stringent prerequisites than a Thailand retirement visa, it also provides more benefits and advantages for those who qualify. The benefits include:

A 10-year, multiple-entry visa (which can be extended)
Free access to immigration fast-tracking services upon arrival at Thai international airports
Need only report to Thai Immigration once a year instead of every 90 days as with other visas
Rewards certain tax incentives

Holders of an LTR Visa in the Highly-Skilled Professionals category are given a flat 17% tax rate on their personal income tax rate earned in Thailand

Facilitated work permit and immigration services at the One Stop Service Center
The opportunity to legally work in Thailand for a Thai company

Not only do LTR visa holders have fewer immigration hassles to deal with, but they also benefit from several financial perks as well, making this a great fit for working professionals, investors, entrepreneurs, wealthy retirees, and digital nomads.

Who Is Eligible?

There are four different LTR visa categories depending on what you plan to do in Thailand, each with its own set of requirements. The four distinct visa categories are:

You will have to meet all of them to apply, or your application can be rejected, wasting your time and money. Besides the category-specific criteria, all categories have the basic requirement of health insurance with coverage of at least $50,000 OR a minimum deposit of $100,000 in a Thai bank account.

Additionally, up to four immediate family members are eligible to be included on your Thailand LTR Visa, provided they meet basic requirements. This option is available for children under 20 years old and spouses, provided they are legally connected through marriage, birth, or adoption. You will need to provide proof of these relationships, including birth and marriage certificates. Also, each family member you add to your LTR visa must have health insurance coverage of at least $25,000.

Applying for an LTR Visa

The processing times for LTR visa applications vary, typically taking between 1 to 2 months. The time frame depends on your circumstances, the visa category applied for, and the accuracy of your application. An application that is not properly prepared or has errors will experience delays, and perhaps even an outright rejection.

To begin the application process, you first must gather several documents.

Required Documents:

Long-Term Resident (LTR) Visa application form (TM94)
Criteria and Conditions Acknowledgement Form (STM.8)
Color photocopy of your passport, valid for at least 6 months after the date of application
A recent, passport-size photo in color against a white background
Proof of income, such as recent tax returns, bank statements, and pay slips from your employer
Additional documents if applicable, like employment contracts and education certificates

Contact Siam Legal

For swift, stress-free, and successful Thai LTR Visa applications, Siam Legal International is your go-to international law firm in Thailand. With over 20 years of expertise, our immigration attorneys and visa consultants provide you with exceptional personalized support and application preparation services. From the initial consultation to document review and submission to dealing with the Thailand Board of Investment, we handle everything to minimize the risk of rejection. Once approved, we assist in collecting your visa, ensuring you can start enjoying the benefits as soon as possible.

By choosing Siam Legal, you secure a streamlined visa application journey, saving time and maximizing your chances of approval. Contact Siam Legal today to start your LTR Visa application process.

Siam Legal International (Bangkok Office)

Address: 18th Floor, Unit 1806 Two Pacific Place, 142 Sukhumvit Rd, Khlong Toei, Bangkok 10110, Thailand

Phone: +66 2 254 8900

Email: info@siam-legal.com

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Address: 123 / 27-28 Moo 5, Bangtao Place, Cherngtalay, Thalang, Phuket, 83110, Thailand

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