Frequently asked
Questions about the Thailand LTR visa
Is the LTR visa really valid for 10 years?+−
It is a 10-year multiple-entry visa. The stay is first granted for up to 5 years and then extended by up to 5 more once the BOI confirms the conditions again. You must meet the conditions throughout.
Who qualifies for the Thailand LTR visa?+−
Four groups: Wealthy Global Citizen (assets from USD 1 million, USD 500,000 invested in Thailand), Wealthy Pensioner (50+, retired, USD 80,000 passive income or USD 40,000 plus USD 250,000 invested), Work-from-Thailand Professional (USD 80,000 income, large employer abroad) and Highly-Skilled Professional (contract in a targeted industry). All also need health insurance of USD 50,000, Thai social security or USD 100,000 in the bank.
Do I pay Thai tax on foreign income with the LTR?+−
It depends on the category. Under Royal Decree No. 743, foreign-sourced income brought into Thailand is exempt from Thai personal income tax for Wealthy Global Citizen, Wealthy Pensioner and Work-from-Thailand holders, in any tax year the LTR conditions are met. Highly-Skilled Professionals instead pay 17% on qualifying Thai employment income. Thai-source income remains taxable. What applies in your home country depends on your residence.
Does my family get the same tax exemption?+−
No. Spouses (including same-sex married partners) and children under 20 get the LTR as dependants, currently up to four. The exemption under Royal Decree No. 743 covers only the main applicant. If your spouse has their own foreign income, the normal remittance rule applies to it. The announced extension to parents is not yet in force.
What is the 2024 remittance rule?+−
Since 1 January 2024, Thailand taxes residents (180+ days in a calendar year) on foreign income in the year it is brought in, regardless of when it was earned (Paw. 161/2566). Income from before 2024 stays under the old rule (Paw. 162/2566). The discussed relief for remittances in the same or the following year is not in force.
Can I work on the LTR?+−
It depends on the category. Wealthy Global Citizen, Wealthy Pensioner and Highly-Skilled Professional holders can get a digital work permit if a company in Thailand confirms the work. Work-from-Thailand holders work for their employer abroad and may not work for Thai employers. Whether you may run your own company from Thailand is not addressed by the BOI. A right to stay is not a right to work.
Can I run my Hong Kong or Singapore company from Thailand?+−
For LTR holders it is not addressed, and for tax it is the biggest mistake. Thai-source income is taxable in Thailand wherever it is paid. A foreign company carrying on business in Thailand pays 20% Thai corporate income tax on attributable profits. A Singapore company managed in fact from Thailand can lose its Singapore tax residence. What counts is where the work is actually done and where decisions are made.
LTR, Privilege Card or DTV: what is the difference?+−
The LTR is for the wealthy, well-off retirees, remote employees of large companies and skilled professionals, with a tax benefit for three categories. The Privilege Card (formerly Elite Visa) is a long stay for a membership fee, with no income test and no work rights. The Destination Thailand Visa (DTV) is for remote workers and the self-employed. None of them leads directly to permanent residence.
What are the government fees for the LTR?+−
The visa fee is THB 50,000 per person, including each dependant (when applying in Thailand; embassies may differ). The BOI endorsement is free. The digital work permit costs THB 3,000 a year. On top come health insurance and the required investments.
Does the LTR lead to permanent residence?+−
No, not directly. The LTR is a long, renewable stay. After 10 years a new endorsement under the criteria of the day is possible.
How do I apply for the LTR?+−
Online through the BOI’s LTR portal. After the BOI endorsement, the visa is issued at the Thailand Investment and Expansion Service Center (TIESC) in Bangkok or through a Thai embassy. The BOI publishes its own processing estimates; nobody can promise an outcome, the authorities decide.
How does Strasia help?+−
We work out which category or which alternative fits you, prepare the documents with you and support the application together with the offices we work with in Thailand. If you own a company, you also get the Hong Kong or Singapore structure from one source: incorporation, accounting and the question of where the company is actually managed.
Legal notice. General information, not legal or tax advice. Rules change; the official source is authoritative. The authorities decide on visa and endorsement; nobody can promise an outcome. Your tax depends on where you live and where your company is managed.