Your Guide to the Long Term Resident Scheme

The LTR (Long-Term Resident) visa has been designed by the Board Of Investment (BOI) to attract high-potential foreign nationals to relocate to Thailand.

The idea behind the scheme is to stimulate the economy with overseas investment and bring some much needed post-pandemic cash to the Kingdom.

The government has its eye on 1 million foreign nationals taking up the LTR Visa over the next five years.

This visa is certainly not for everyone and specifically targets those with high-level qualifications, income and assets. In short, Thailand wants wealthy people to come and stay long term.

In this post, I’ll lay out everything you need to know about this new visa initiative, which is available to apply for as of September 2022.

How Long Does the LTR Visa Last?

The visa last 10 years but is divided into two 5-year terms. The initial permission to stay is 5 years, which can then be extended for…