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Friday, March 29, 2024

Applying for Thailand’s Long-Term Resident Visa (LTR): Requirements and Qualifications

The Thai government recently announced that they are making some changes to the Long-Term Resident Visa (“LTR”) requirements intending to attract more foreign residents to come to Thailand.

Kindly note that although the Thai cabinet and the Board of Investment (BOI) approve of this new LTR visa, there still has not been any official announcement from the Immigration Department as yet. Therefore we are still awaiting final confirmation for the time being.

This article will detail some of the currently discussed criteria and requirements for different application categories to live, work, and do business in the country. There are four categories of eligible persons:

1. Wealthy global citizen

The following is required to be eligible as a “Wealthy global citizen”:

a. Personal Income of no less than $80,000 USD per year in the two years before applying for the visa.

b. Directly…

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