Thailand
Long-Term Resident (LTR) Visa — Wealthy Global Citizen category
Minimum investment
USD 1,000,000
Processing time
official BOI processing time is 20 business days from a complete application; in practice, applicants should allow 6-8 weeks; once approved, the applicant has 60 days to book a visa issuance appointment
Physical presence
no minimum annual stay required to maintain the visa, though annual reporting to immigration is mandatory
- Investment route
- •Minimum 1000000 USD in global assets, including at least 500000 USD invested in Thai government bonds, foreign direct investment
- •Thai real estate
- •Alternative categories exist for remote workers and pensioners with lower financial thresholds
- Investment breakdown
- •the Wealthy Global Citizen category has no age requirement, unlike the Wealthy Pensioner category (50+, income-based)
- •the BOI removed the previous USD 80,000 annual passive-income requirement for Wealthy Global Citizens in February 2025 (BOI Announcement No. Por 3/2568) — the category is now qualified on assets alone, though many third-party guides still incorrectly cite the old income threshold
- Additional fees
- •visa issuance fee of THB 50,000 per person, charged to the main applicant and each dependant separately, payable at issuance in Bangkok or at a Thai embassy/consulate abroad
- •no fee is charged by the BOI for the initial endorsement/application review itself
- Eligibility
- •Minimum health insurance coverage of 50000 USD
- •Or a minimum balance of 100000 USD in a savings account as alternative financial security
- Due diligence
- standard due diligence through Thailand's Board of Investment in cooperation with the Immigration Bureau
- Family inclusion
- spouse and dependent children can be included on the same application
- Path to citizenship
- •the LTR visa does not lead to permanent residence or citizenship
- •it is a long-stay visa route only
- Renewal
- •issued as a 10-year visa structured as two 5-year stamps
- •the second 5 years requires re-confirming eligibility, it is not automatic
- •annual reporting to immigration only (reduced from the standard 90-day reporting other Thai visa categories require)
- •the requirement for Thai employers to hire 4 Thai staff per foreign employee is waived for LTR holders seeking a work permit
- Dual citizenship
- Not applicable — the LTR visa does not lead to citizenship
- Key benefits
- •One of the longest-duration Asia-Pacific residency visas without requiring permanent relocation
- •Includes streamlined digital work permit access and tax benefits for eligible categories
- •Annual reporting only, not the 90-day reporting required of other Thai visas
- Taxation
- LTR visa holders under the Wealthy Global Citizen and other qualifying categories may access preferential personal income tax treatment on foreign-sourced income under Thai Revenue Department rules
Application process
- 1.confirm eligibility under one of the four LTR categories
- 2.submit application and documents to the BOI
- 3.upon endorsement, apply for the visa at a Thai embassy or in-country
- 4.collect the visa in person at the BOI's One Bangkok center