Thailand Long-Term Resident (LTR) Visa
10-Year Multi-Entry 🏛️ — iVC 2025
The LTR (Long-Term Resident) Visa is a special-category visa issued by BOI (Board of Investment) under Section 25/1 of the Investment Promotion Act B.E. 2520 (amended B.E. 2565). It provides a 10-year multiple-entry stay (5+5), annual reporting instead of 90-day, a Digital Work Permit bundled with the visa, airport fast-track access, and — for the Work-from-Thailand Professional category — exemption from Thai personal income tax on foreign-sourced income under Royal Decree No. 743. iVC is a BOI-registered consulting firm that submits applications through ltr.boi.go.th, assembles the audited financial dossier, and handles endorsement at the One Stop Service Centre at Chamchuri Square.
Quick answer: Thailand Long-Term Resident (LTR) Visa — 10-Year Multi-Entry
"LTR Visa (พำนักระยะยาว 10 ปี — BOI) · Fees THB 85,000–250,000. Suited to: Wealthy Global Citizens (assets ≥ USD 1M + income ≥ USD 80k/yr), Wealthy Pensioners aged 50+, Work-from-Thailand Professionals employed by foreign companies with ≥ USD 150M revenue, and Highly-Skilled Professionals in BOI's 15 target industries (BCG, EV, Digital, S&T)."
- 01How does LTR differ from Thailand Privilege (Elite)?
- LTR is a government BOI visa: free of charge for the work permit portion + tax privilege + 10-year stay. Thailand Privilege is a paid membership (THB 900k–5M) for 5–20 years with no built-in WP and no tax exemption. LTR is materially cheaper long-term and offers superior tax treatment.
- 02Is there a minimum-days-in-Thailand rule?
- No day-count minimum. To retain WFTP tax exemption you must NOT accept Thai-company employment during the tax year.
- 03Can WFTP holders work for a Thai company?
- Not while retaining the WFTP tax privilege. To do Thai work reclassify to Highly-Skilled Professional — retains flat 17% PIT but must be within the 15 target industries.
- 04Can dependants (spouse/children) work?
- The spouse can obtain a Digital Work Permit tied to the visa (separate BOI filing required). Children ≤ 20 can study but cannot work.
แหล่งข้อมูล:iVC — International Visa Center · ข้อมูลปรับปรุง 2026
Eligibility
- 1.Wealthy Global Citizen: assets ≥ USD 1M + avg income ≥ USD 80k/yr (last 2 years) + Thai investment ≥ USD 500k (bonds / property / FDI)
- 2.Wealthy Pensioner: age ≥ 50 + passive/pension income ≥ USD 80k/yr (or ≥ USD 40k + Thai investment ≥ USD 250k)
- 3.Work-from-Thailand Professional: income ≥ USD 80k/yr + employed by foreign company with revenue ≥ USD 150M in last 3 years
- 4.Highly-Skilled Professional: income ≥ USD 80k/yr + 5+ years in one of 15 BOI target industries
- 5.Health insurance ≥ USD 50,000 coverage OR Thai bank deposit ≥ USD 100,000 held for 12 months
Documents required
- 📄Passport valid ≥ 6 months + full copy
- 📄Recent 4x6 cm white-background photos
- 📄Income evidence: 2 years of tax returns + audited financials + 12-month bank statements
- 📄Employment contract or foreign-employer certification (WFTP) with apostille/legalization
- 📄Investment evidence (bond certificate / title deed / share certificate)
- 📄Health insurance policy stating USD 50k+ coverage or Thai deposit proof
- 📄Employment history + academic credentials (translated + MFA/embassy legalized)
- 📄Police Clearance Certificate from country of origin (for dependants)
Benefits
- ✓10-year multi-entry visa (5 + 5 renewal), unlimited entries
- ✓Digital Work Permit bundled with LTR — no separate WP filing
- ✓Annual reporting (instead of 90-day) via BOI online portal
- ✓Fast-Track lane at Suvarnabhumi / Don Mueang / Chiang Mai / Phuket airports
- ✓Up to 4 dependants (spouse + children ≤ 20)
- ✓Foreign-source income tax exemption for WFTP under Royal Decree 743
- ✓Flat 17% PIT for Highly-Skilled Professionals (vs progressive up to 35%)
- ✓No Thai sponsor required, no 4:1 Thai-worker ratio (unlike Non-B)
Compliance & Legal Basis
- §Investment Promotion Act B.E. 2520, Section 25/1 (as amended B.E. 2565)
- §Royal Decree No. 743 (2022) — LTR tax privileges
- §BOI Notification No. Gor.Bor.Tor. 8/2565 — eligibility criteria
- §Immigration Act B.E. 2522, Section 12(11) — special-category visa
- §TM.6 on arrival + TM.30 accommodation notice by landlord/hotel
Timeline / process
- Week 0iVC free 30-min eligibility screen + category ranking + total-cost estimate
- Weeks 1–3Assemble financial dossier + translation + apostille/legalization at origin embassy
- Week 4Submit via ltr.boi.go.th + BOI fee THB 50,000 (or THB 100,000 for WFTP)
- Weeks 5–8BOI review (avg 20 working days) + interview if needed + endorsement letter
- Week 9Visa stamp at Thai embassy abroad OR One Stop Service Centre, Chamchuri Square (for in-country applicants)
- Week 10Digital Work Permit auto-issued + iVC handles TM.30 + Thai bank account opening
iVC Edge
- ★iVC is a BOI-registered consulting firm — direct portal access without third-party queues
- ★Approved across all 4 LTR categories: WGC, WP, WFTP, HSP
- ★We deliver audit-ready financial dossiers formatted exactly to BOI templates
- ★End-to-end: 5-year renewal, bank account, property acquisition for investment threshold
- ★If rejected, iVC files free appeal within 30 days
Red flags to avoid
- ⚠USD 80k income must be 'consistent across last 2 years' — one high year + one low year triggers reject
- ⚠USD 500k investment must be 'active + verifiable' — borrowed short-term funds are traced by BOI over 12 months
- ⚠WFTP employer must be 'listed or audited USD 150M+ revenue' — startups do not qualify
- ⚠Health insurance policy must state 'covers Thailand for USD 50,000+' — generic travel insurance rejected
- ⚠Breach of conditions (missed reporting, work outside WP scope) → BOI revokes LTR immediately
Frequently asked questions
How does LTR differ from Thailand Privilege (Elite)?
LTR is a government BOI visa: free of charge for the work permit portion + tax privilege + 10-year stay. Thailand Privilege is a paid membership (THB 900k–5M) for 5–20 years with no built-in WP and no tax exemption. LTR is materially cheaper long-term and offers superior tax treatment.
Is there a minimum-days-in-Thailand rule?
No day-count minimum. To retain WFTP tax exemption you must NOT accept Thai-company employment during the tax year.
Can WFTP holders work for a Thai company?
Not while retaining the WFTP tax privilege. To do Thai work reclassify to Highly-Skilled Professional — retains flat 17% PIT but must be within the 15 target industries.
Can dependants (spouse/children) work?
The spouse can obtain a Digital Work Permit tied to the visa (separate BOI filing required). Children ≤ 20 can study but cannot work.
Is foreign income really exempt from Thai tax?
Yes — Royal Decree 743, Section 4 exempts 'assessable income earned outside Thailand and brought into Thailand' for WFTP holders. Thai-sourced income (freelance for Thai clients, Thai employment) remains taxable at progressive rates.
What happens if I change job or resign?
WFTP requires BOI notification within 30 days. Moving to a Thai employer or dropping below USD 80k triggers reclassification. iVC manages the transition.
Does LTR fast-track Thai citizenship?
No. Thai citizenship still requires PR for 5 years + 5-year residence + Thai language and anthem test under the Nationality Act. LTR is not PR — it is a long-term visa.