Thailand Long-Term Resident Visa (LTR)

For high-net-worth individuals with significant global assets — not necessarily retirees or workers. Requirements (updated under the February 2025 BOI reform — the previous income test was removed): USD 1,000,000+ in worldwide assets AND a minimum USD 500,000 investment in an approved Thai asset class (government bonds, real estate, or BOI-promoted businesses) AND qualifying health insurance (see below). Who applies: wealthy individuals who want Thailand residency as a lifestyle choice, not tied to employment or pension income.

For retirees drawing income from overseas. Income threshold option A: USD 80,000/year from overseas sources (pension, superannuation pension phase, rental income, dividends, investment distributions). Income threshold option B: USD 40,000–79,999/year combined with: a Thai property purchase OR Thai government bond investment of USD 250,000+. Health insurance: must have qualifying health coverage or the self-insured deposit. Who applies: Australian superannuation pensioners, European retirees, US social security recipients who want a stable 10-year Thai residency without the annual extension cycle.

For high-income remote workers employed by or contracting with overseas companies. Employer requirement: a publicly listed company, or a private company operating 3+ years with USD 50,000,000+ combined revenue in the past 3 years (lowered from USD 150,000,000 in the February 2025 reform), or a wholly-owned subsidiary meeting the same criteria (newly eligible as of the same reform). Income threshold option A: USD 80,000/year from a qualifying remote employer. Income threshold option B: USD 40,000–79,999/year AND: a master's degree OR ownership of a patent or IP registered in Thailand or abroad. Who applies: senior remote employees, high-earning contractors, tech professionals working for global companies while living in Thailand. Note: this category includes bundled work authorisation for the qualifying remote employment — no separate work permit is needed for that role. The previous 5-year work-experience requirement was removed entirely in the February 2025 reform.

For senior professionals employed by Thai or multinational companies operating in Thailand's target industries. Target industries: digital technology, smart electronics, biotech, food processing, next-gen automotive, robotics, aerospace, medical hub, biofuels, smart agriculture, education. Salary threshold: depends on industry and role. Typically USD 80,000+/year equivalent. Employer requirement: the Thai or multinational employer must operate in a BOI-target industry. Who applies: C-suite and senior technical staff at major Thai or multinational corporations.

• 10-year visa — issued as 5+5 years, renewable while criteria are met • Multiple-entry — unlimited international travel without re-entry permit requirements • Annual address reporting — replaces the quarterly 90-day reporting requirement • Family inclusion — spouse, children under 20, and (since the February 2025 reform) parents receive LTR status (all four categories), with no numerical cap on dependants; legally married same-sex spouses are recognised • Fast-track services — dedicated counters at Suvarnabhumi, Don Mueang, Phuket airports + BOI One Stop Service for extensions • 50,000 THB government fee (one-time, for the 10-year grant) • Work authorisation — bundled for Work-From-Thailand Professional and Highly Skilled Professional categories

Submit to the BOI One Stop Service Centre at ChamChuri Square, Bangkok, or online at ltr.boi.go.th. BOI endorsement target: 20 working days for a complete application. Overseas applicants receive the BOI endorsement letter first, then collect the physical visa stamp at a Thai consulate in their country.

All LTR categories require health insurance covering at least USD 50,000, valid for a minimum of 10 months of the visa year. Applicants who would rather not hold a qualifying policy have two alternatives: a USD 100,000 deposit held in a Thai or overseas bank account for 12 months (USD 25,000 for each dependant), or coverage under Thailand's Social Security scheme where the applicant qualifies. International insurance policies from major insurers are accepted if they meet the coverage floor; general travel insurance does not qualify.

We identify which LTR category applies to your income, assets, and employment situation; prepare financial documentation in the format BOI requires (including DFAT apostille for Australian applicants); advise on the health insurance vs deposit question; coordinate the BOI submission; and manage the 5-year renewal when due.

General guidance only. LTR requirements verified against BOI guidance as of August 2026 (ltr.boi.go.th). Income thresholds in USD — exchange rate equivalents in AUD/GBP/EUR are indicative. Independent assistance agency; not affiliated with any government body.