🧐 Investment visa
✨ Extendable
Long-Term Resident (LTR) Visa - Wealthy Global Cit
Updated:
Duration
3650 days
Required income
$ 6 600
Program cost
$ 1 500
Processing
20–60 days
The LTR program requirements and tax incentives can change; always verify the latest rules on the official BOI website. There is no guaranteed automatic path to PR or citizenship. Foreign land ownership is prohibited (condominiums only within quotas). A minimum annual physical presence is mandatory, and failure to report income accurately may result in loss of tax benefits or visa revocation. Political or economic shifts in Thailand may affect program continuity.
Thailand features a dynamic investment climate with robust GDP growth, incentives for foreign capital in tech, tourism, manufacturing, and a strategic ASEAN location. The LTR Wealthy Global Citizen route targets high-net-worth individuals through proof of USD 1 million in liquid assets or USD 80,000+ annual foreign income, enabling investments in condominium real estate, business setup via BOI promotion, or Thai government bonds. It grants an initial 10-year renewable residency with work rights, serving as a foundation for permanent residency after sustained compliance and 3+ years of residency, while citizenship remains a longer discretionary path requiring PR, Thai language proficiency, and demonstrated integration.
Official program link:
https://ltr.boi.go.th/
✔ List of required documents to obtain Investment visa
- Copy of valid passport (first page and all pages with Thai visa stamps)
- Photograph 3x4 cm
- Health insurance policy covering entire course of stay in Thailand, with coverage for hospitalization treatment of no less than 50,000 USD
- Copy of Thai Government Bond in applicant’s name
- Shareholder list with applicant’s name as a shareholder (not more than 3 months old)
- Portfolio statement in the last 12 months issued by brokerage companies
- Evidence of investment in a venture capital company or private equity trust registered by the Securities and Exchange Commission
- Copy of certificate of ownership of apartment/condo in applicant’s name (Or.Chor 2, not more than 3 months old)
- Copy of the sale and purchase agreement of the condominium unit
- Evidence of income tax payment or annual personal income tax return showing income of no less than 80,000 per year in the past 2 years
- Evidence of assets ownership with the value amount to declaration
📋 How to apply
-
Eligibility Check
Confirm you meet the USD 1M asset or USD 80k annual income threshold for the Wealthy Global Citizen category via the official LTR portal. -
Document Preparation
Compile all required financial proofs, medical documents, and insurance coverage meeting Thai standards. -
Online Application
Submit the application through https://ltr.boi.go.th/, upload documents, and pay the USD 1,500 fee. -
Processing & Verification
Await BOI review (typically 20–60 days); respond promptly to any requests for additional information or virtual interview. -
Visa Issuance & Entry
Receive approval letter, enter Thailand within validity period, convert to LTR visa at immigration, and report address.
✅ Approval tips
- Submit clear, audited financial documents translated into English by certified translators
- Highlight any planned investments in Thai real estate, startups, or government bonds to strengthen ties
- Purchase health insurance from an approved provider with explicit Thailand coverage
- Engage an authorized LTR consultant or law firm to review your application package
- Ensure all income sources are verifiable and consistent for the past 24 months
- Prepare to demonstrate how you will contribute to Thailand’s economy during your stay
❌ Common rejection reasons
- Insufficient or unverifiable proof of the USD 1 million asset threshold or USD 80,000 annual income
- Incomplete documentation or failure to provide certified translations
- Medical conditions listed as prohibited by Thai immigration
- Criminal record or previous immigration violations
- Inability to demonstrate legitimate sources of wealth or income
💸 Tax information
Effective tax rate: 0–17%
0% on foreign-sourced income not remitted to Thailand in the same calendar year. LTR holders may opt for a flat 17% tax on qualifying Thai-sourced income, dividends, and certain capital gains. Overseas income and gains enjoy significant exemptions for the first 5–10 years under special incentives; worldwide income taxation applies only if remitted.
❓ FAQ
The LTR Wealthy Global Citizen category requires only proof of assets or income at application; there is no locked investment. You may freely manage, spend, or repatriate funds after visa issuance provided you maintain compliance with stay and reporting rules.
Foreign income is taxed at 0% if not brought into Thailand the same year. Qualifying participants can benefit from a flat 17% rate on Thai dividends and certain capital gains, with special exemptions available for the first several years of residency.
Yes. Spouse and children under 20 may be added as dependents. They receive 10-year LTR visas, work/study rights (with restrictions), and the same tax incentives, subject to additional application fees and supporting documents.
Yes. Holders must spend at least 90–180 days per year in Thailand (exact number depends on the latest BOI guidelines). Failure to meet this can lead to visa cancellation.
It significantly strengthens an application for Thai Permanent Residency after several years of continuous legal stay and good conduct. Citizenship is possible after five years of PR but requires Thai language fluency, integration, and approval by the Ministry and King.
Applicants must hold a valid international health insurance policy covering at least USD 100,000 for outpatient and USD 40,000–100,000 for inpatient treatment, valid throughout the entire stay in Thailand.
Yes. LTR holders may purchase condominiums (foreign ownership quota applies), lease land, or establish a company under BOI promotion for additional incentives. These activities can support long-term residency goals.
🔗 Official sources
- Thailand Board of Investment – LTR Visa Official Site (2026-04-10)
- Thai Revenue Department – LTR Tax Incentives (2026-02-28)
- Immigration Bureau of Thailand (2026-05-15)