Long-Term Resident (LTR) Visa


               Regarding the new Notification of the Ministry of Interior on the LTR visa issued on 2 June 2022 (the “Notification”), the details of the Notification are as follows:
LTR visa shall be available to four types of foreigners including:
  • Wealthy global citizens
  • Wealthy Pensioners
  • Work-from-Thailand professionals
  • Highly skilled professionals
 
               Please note that spouse and children under 20 years of age of an LTR visa holder also qualify (up to four dependents per a visa holder).
In addition, a LTR visa holder shall be entitled to the following benefits:
  • A visa with 10-year validity (which can be extended);
  • The requirement to report to immigration once a year;
  • Fast track service at airports;
  • Multiple re-entry permit;
  • Permission to work in Thailand (digital work permit);
  • Personal income tax rate reduction to 17% for highly skilled professionals;
  • Exemption from the four Thais to one foreigner employment requirement ratio.

 

Legal Insight Vol. August 2022 of Bangkok Global Law 

The PDF file can be downloaded via the link as set below. 

Long-Term Resident (LTR) Visa_Bangkok Global Law