Thailand Revises LTR Visa Rules: Simplified Path to Long-Term Residency

Thailand recently revised its Long-Term Resident (LTR) Visa program. These updates make the visa more accessible to skilled professionals, wealthy expatriates, and global investors. Approved by the Thai Cabinet in January 2025, the changes aim to attract top talent and foreign capital.

This move reinforces Thailand’s status as a leading hub for business and innovation in Asia.

Overview: Long-Term Resident (LTR) Visa

The LTR Visa is a 10-year residency program designed for skilled professionals, investors, and high-net-worth individuals. This visa offers tax benefits, digital work permits, and relaxed eligibility criteria. As a result, Thailand becomes an appealing destination for long-term expatriates and entrepreneurs.

Key Changes in Thailand’s LTR Visa Program

1. Elimination of Income Requirements

The program has removed the annual income threshold for the “Wealthy Global Citizens” category. Instead of specific income levels, applicants will be assessed based on their total wealth, investments, and economic contributions to Thailand. This change opens doors for high-net-worth individuals and investors seeking long-term residency.

2. Relaxed Corporate Sponsorship Criteria

Thailand has lowered the eligibility requirements for corporate-sponsored applicants. The minimum revenue threshold for sponsoring multinational companies decreased from USD 150 million to USD 50 million over the past three years. Furthermore, employees of multinational subsidiaries can now apply if their parent company meets financial stability requirements.

3. Expanded Eligible Sectors for Skilled Workers

Thailand broadened the list of eligible industries for LTR visas. The program now includes highly skilled professionals in technology, innovation, and disaster management. This aligns with Thailand’s economic vision to foster growth in emerging sectors.

4. Removal of Work Experience Requirement

Previously, applicants needed at least five years of relevant work experience. This requirement has been eliminated, making it easier for young professionals and rising leaders to obtain long-term residency without extensive work history.

5. Unlimited Dependents

LTR visa holders can now bring an unlimited number of dependents. This change provides more flexibility and stability for expatriates wishing to relocate with their families.

Why Choose Thailand’s LTR Visa?

Since its launch in 2022, the LTR Visa has provided many advantages, including:

• A 10-year residency with an option for renewal
• Digital work permits for remote professionals
• Tax incentives for eligible expatriates
• Fast-track services at airports and immigration offices

With over 6,000 applicants already benefiting from the program, these recent changes are likely to attract even more global professionals and investors.

Thailand: A Global Hub for Talent and Investment

As countries compete for top-tier professionals and foreign capital, Thailand’s revamped visa program enhances its attractiveness. The country offers a vibrant culture, a robust economy, and a strategic location in Southeast Asia. This makes it a compelling option for those seeking residency in a dynamic market.

Final Thoughts

Whether you are a tech entrepreneur, an investor, or a skilled professional, Thailand’s LTR Visa offers new opportunities in a thriving economy. Stay informed about the latest visa developments to make the best decisions for your long-term future in Thailand.