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Glossary

LTR Visa (Thailand)

LTR Visa (Long-Term Resident Visa) is Thailand's long-stay visa program launched in 2022 by the BOI (Board of Investment), with 10-year renewable duration.

4 categories:

CategoryMain requirement
Wealthy Global Citizen$1M assets + $80K income/year
Wealthy Pensioner$80K income/year + 50+ years old
Work-from-Thailand Professional$80K income/year + employed by $150M+ revenue company
Highly Skilled Professional (HSP)$80K income/year + STEM/healthcare/etc.

Benefits:

  • 10-year visa renewable.
  • 17% flat tax (HSP only) — vs up to 35% general regime.
  • Unlimited multi-entry, immigration fast-track.
  • Work permitted without additional work permit.
  • Family included (spouse, children <20).

Taxation:

  • 2024 tax change applies: foreign income taxable only if remitted to Thailand (see remittance basis).
  • For HSP: 17% flat on Thai income (at BOI-registered company).

Cost and timing:

  • Application fee: ~$1,500 USD.
  • Processing: 4-12 weeks depending on category and documentation completeness.

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