Thailand Long Term Resident (LTR) Visa program has been revamped to attract skilled professionals and investors. Learn about the updated requirements and benefits of this exciting opportunity.
In a bid to attract global talent and investors, Thailand has significantly revamped its Long Term Resident (LTR) Visa program. This revamped program is designed to make Thailand more accessible to wealthy individuals, skilled professionals, and foreign investors, helping to boost the nation’s post-pandemic economy. In this article, we will explore the key changes to the Thailand Long Term Resident Visa, its benefits, and how you can take advantage of these exciting updates.
Understanding Thailand Long Term Resident (LTR) Visa
The Thailand Long Term Resident (LTR) Visa is a special 10-year residency program aimed at foreign nationals who wish to live and work in Thailand for an extended period. The visa was introduced in 2022 and is designed to attract skilled professionals, high-net-worth individuals, retirees, and investors to boost Thailand’s economy.
Key Benefits of the Thailand Long Term Resident (LTR) Visa:
- 10-Year Residency: Enjoy a long-term stay in Thailand without the need for frequent visa renewals.
- Tax Incentives: Take advantage of personal income tax benefits designed to support foreign workers.
- Digital Work Permits: Flexibility to work remotely or within Thailand’s thriving job market.
- Dependents Included: A relaxed policy that allows for more dependents to be included in the visa application.
In 2025, Thailand introduced several key changes to the LTR Visa program, making it more inclusive and appealing to a larger pool of global talent.
Key Changes to Thailand Long Term Resident (LTR) Visa Program:
Thailand has made several significant updates to the LTR Visa to cater to a broader range of applicants, from wealthy individuals to skilled professionals. Let’s take a look at these important changes:
1. No Minimum Income Requirement
Previously, applicants in the “Wealthy Global Citizens” category needed to meet a minimum annual income threshold to be eligible. However, in 2025, Thailand removed this income requirement. Instead, the focus now shifts to cumulative wealth and investments in Thailand. This change opens the door for individuals who may not meet the traditional income requirements but have made significant investments or hold considerable assets.
2. Reduced Corporate Revenue Requirement for Sponsoring Companies
The Thai government has reduced the corporate revenue threshold for companies sponsoring visa applicants. Foreign companies now only need to show $50 million in revenue over the past three years, compared to the previous threshold of $150 million. This reduction makes it easier for mid-sized companies to sponsor skilled professionals and expand their teams in Thailand.
3. Increased Flexibility for Dependents
Another major update to the LTR visa is the increased flexibility for dependents. Applicants can now bring unlimited dependents, including parents and legal dependents, which was previously restricted to four dependents. This change ensures that more family members can join the primary applicant in Thailand, making the LTR Visa a more attractive option for those seeking long-term residency.
4. Expanded Eligibility for Skilled Professionals
Thailand has broadened the eligibility for skilled professionals, now including additional sectors such as disaster and risk management and integrated innovation. These sectors join the existing focus on science, technology, engineering, and mathematics (STEM) fields. With this expansion, Thailand now welcomes a wider range of professionals, including those in high-demand global industries.
5. Simplified Work Experience Requirements
One of the most notable updates is the simplification of work experience requirements. Previously, applicants needed to have five years of relevant work experience to qualify for the LTR Visa. Now, this requirement has been removed, making the application process smoother for highly skilled professionals.
6. Eligibility for Subsidiary Employees
Another important change is the eligibility of subsidiary employees. Employees of multinational corporations’ subsidiaries are now eligible for the LTR visa, provided the parent company can demonstrate financial stability. This new eligibility is a great opportunity for multinational companies to transfer talent to Thailand and expand their operations in the region.
Thailand Long Term Resident (LTR) Visa Benefits You Can’t Miss:
As Thailand’s LTR Visa program evolves, it offers a host of attractive benefits designed to lure foreign talent. Here’s a quick rundown of the top advantages:
| Benefit | Details |
|---|---|
| 10-Year Residency | Enjoy a decade of stay in Thailand with a renewable visa. |
| Tax Benefits | Personal income tax advantages for foreign workers. |
| Work Flexibility | Digital work permits for professionals. |
| Dependents Included | Unlimited dependents allowed on the visa. |
| Tax-Free Investments | Investment income may be tax-exempt, depending on the category. |
| No Minimum Income Requirement | Focus on wealth and investments rather than income. |
The Board of Investments (BOI) Vision for an Inclusive Visa Program
The Board of Investment (BOI) has played a key role in pushing for these changes. Narit Therdsteerasukdi, the BOI Secretary-General, highlighted that the goal of the updated LTR Visa is to attract a diverse range of foreign talent and investors. He also emphasized that smooth visa procedures are essential for promoting a business-friendly environment and boosting Thailand’s global competitiveness.
With these updates, the Thai government is making it easier for investors, entrepreneurs, and professionals to move to Thailand, bringing in expertise that can fuel economic growth.
Why Thailand is the Ideal Destination for Global Talent
Thailand’s LTR Visa reforms create a compelling case for why professionals, investors, and families should consider relocating to the country. The combination of low living costs, stunning natural beauty, modern infrastructure, and growing economic opportunities makes Thailand one of the most attractive destinations in Southeast Asia.
Why Choose Thailand:
- Strategic Location: Thailand is at the heart of Southeast Asia, offering easy access to major markets in Asia and beyond.
- Strong Economy: Thailand’s economy continues to grow, with strong sectors in technology, tourism, and finance.
- Affordable Lifestyle: Enjoy a high standard of living at a relatively low cost compared to other countries in the region.
Thailand Long Term Resident (LTR) Visa is a Game Changer:
With these recent updates to Thailand’s Long-Term Resident Visa program, the country is positioning itself as a hub for global talent, innovation, and investment. The relaxed requirements and added benefits make it an ideal option for skilled professionals, high-net-worth individuals, retirees, and multinational companies looking to expand their footprint in Southeast Asia.
Whether you are a professional looking for a new career opportunity, an investor seeking new avenues for growth, or a family looking to enjoy the vibrant lifestyle Thailand offers, the Thailand Long Term Resident Visa provides an exciting opportunity for a new chapter in your life.
