LTR visas will be offered to four categories of individuals: Wealthy Global Citizens, Wealthy Pensioners, Work-from-Thailand Professionals, and Highly Skilled Professionals. Different types of LTR visa have different requirements. Spouses and dependents of LTR visa holders will also qualify for the same visas.
1. Wealthy Global Citizens (Wealthy individuals holding at least USD 1 million in assets)
Wealthy Global Citizens LTR Visa qualifications
• At least USD 1 million in assets
• Personal income of a minimum of USD 80,000/ year in the past two years
• Investment of at least USD 500,000 in Thai government bonds, foreign direct investment, or Thai property
• Health insurance with at least USD 50,000 coverage or social security benefits insuring treatment in Thailand or at least USD 100,000 deposit
*Applicants must fulfill all of the above requirements to be eligible for Wealthy Global Citizens application
2. Wealthy Pensioners (Retirees aged 50 years and older who have an annual pension or stable passive income)
Wealthy Pensioners LTR Visa qualifications
• Personal income of at least USD 80,000/year at the time of application
• In case of personal income below USD 80,000/year but no less than USD 40,000/year, applicants must invest at least USD 250,000 in Thai government bonds, foreign direct investment, or Thai property
• Health insurance with at least USD 50,000 coverage or social security benefits insuring treatment in Thailand or at least USD 100,000 deposit
*Personal income under LTR: Wealthy Pensioners’ definition is “unearned income such as a pension, rental, stock/share, dividend, etc”. Earned income (salary) will not be considered eligible income for LTR: Wealthy Pensioners application.
3. Work-from-Thailand Professionals (Remote workers working for well-established overseas companies)
Work-from-Thailand Professionals LTR Visa qualifications
• Personal income of a minimum of USD 80,000 / year in the past two years
• In case of personal income below USD 80,000/year but no less than USD 40,000/year in the past two years, applicants must have a master’s degree or above or own intellectual property or receive Series A funding
• Public company on a stock exchange or Private company in operation for at least three years with combined revenue at least USD 150 million in the last three years
• At least 5 years of work experience in the relevant fields of the current employment over the past 10 years
• Health insurance with at least USD 50,000 coverage or social security benefits insuring treatment in Thailand or at least USD 100,000 deposit
4. Highly skilled professionals (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)
Highly skilled professionals LTR Visa qualifications
• Personal income of a minimum of USD 80,000 / year in the past two years
• In case of personal income below USD 80,000/year but no less than USD 40,000/year in the past two years or before retirement, applicants must have a master's degree or above in science and technology or special expertise relevant to the job assignment in Thailand
• No minimum personal income for professionals working for Thai government agencies
• Business in any targeted industries
• Higher education institution, research institution, specialized training institution, or Thai government agency
• At least 5 years of work experience in the targeted industries except for applicants with a PhD or above in the relevant fields of the targeted industries or applicants working for Thai government agencies
• Health insurance with at least USD 50,000 coverage or social security benefits insuring treatment in Thailand or at least USD 100,000 deposit
5. Spouses and dependents (Spouse and children under 20 years old of LTR visa holders
(Maximum 4 dependents in total per one LTR visa holder)
Spouses and dependents LTR Visa qualifications
• Health insurance with at least USD 50,000 coverage or social security benefits insuring treatment in Thailand or at least USD 25,000 deposit
• Must be the legal dependents (spouse and children). (Same-sex marriage or partnerships are not yet currently recognized by the law of Thailand.)
• The children will be granted LTR Visa until 20 years of age