2022 Thailand’s Long-Term Resident Visa – New Updates: What You Need To Know – Investment Immigration

Thailand has always been a popular destination for retirees.
Warm weather all year round, very affordable accommodation and
lifestyle, a huge range of cuisines, good medical care and friendly
and welcoming people make it hugely attractive. 

In May 2022, The Thai cabinet approved a new Long-Term
Resident Visa. That makes it even more appealing. It
partially exempts foreigners on LTR Visas from income tax while
they are staying in Thailand or if they wish to work from Thailand.
The Thai Cabinet also announced that the fee for a 10-year
long-term resident visa would be halved, from 100,000 baht to
50,000 baht. This is to attract “high potential”
foreigners to reside in the kingdom.

Stay in Thailand for 10 years

The
LTR visa allows holders to stay…