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Thailand Plans to Introduce a 10-Year Long-Term Visa

Thailand is taking major steps to attract high-potential foreigners by introducing a 10-year Long-Term Resident (LTR) visa. This visa is designed for investors, retirees, highly-skilled professionals, and digital nomads who can contribute to the country’s economic development and innovation landscape.
The LTR visa is initially granted for 5 years, with the option to renew for another 5 years. It offers multiple entries and long-term stay rights, making it a compelling option for those who wish to live and work in Thailand without constant visa renewals.
Who is eligible?
There are four main categories of applicants:
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Wealthy Global Citizens
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Wealthy Pensioners
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Work-from-Thailand Professionals
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Highly-Skilled Professionals
Immediate family members, including spouses, children, and even parents, can be included in the application without limitation on the number of dependents.
Key requirements include:
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Valid health insurance of at least $50,000, or a $100,000 deposit
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For investors: at least $1 million in global assets and $500,000 invested in Thailand
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For retirees: age 50 or older, with a passive income of at least $80,000/year, or $40,000/year plus a $250,000 Thai investment
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For remote professionals: $80,000/year income (or $40,000/year with a master's degree or Series A investment), employed by a reputable overseas company
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For highly-skilled professionals: similar requirements, with academic or technical expertise considered
Main benefits of the LTR visa:
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10 years of residency with simplified renewal
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Access to fast-track immigration lanes at international airports
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Reporting to immigration once per year instead of every 90 days
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Multiple re-entry allowed without additional permits
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Digital work permitted and work permit issued within 3–5 business days
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Exemption from the traditional foreign-to-local employee ratio requirement
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Tax incentives: tax exemption on foreign income, and a flat 17% personal income tax on local income for qualified professionals