Guide to Thailand’s new long-term resident visa from 1 Sep 2022

The visa will be offered to four categories of foreigners and their dependants. Here’s a list of who qualifies for this visa, and the application processes you can follow.

Thailand is introducing its new “Long-term Resident (LTR)” visa scheme for “high-potential” foreigners on 1 September 2022. This visa will “provide a range of tax and non-tax benefits to enhance the country’s attractiveness as a regional hub for living and doing business for ‘high-potential’ foreigners,’ the Board of Investment Thailand said.

The visa will apply to four categories of foreigners:

1. Wealthy global citizens: Individuals holding at least US$1mn in assets.
2. Wealthy pensioners: Retirees aged 50 years and older who have an annual pension or stable income.
3. Work-from-Thailand professionals: Remote workers working for well-established overseas companies.
4. Highly-skilled professionals: Professionals…