Wealthy Global Citizen
LTR สำหรับผู้มีความมั่งคั่งสูง · § Wealthy Global
Quick Answer
10-year visa · multiple entry · yearly report only (no 90-day) · immediate work rights via Digital Work Permit · 17% flat PIT for Highly-Skilled reclassification · sponsor 4 dependents (spouse + children under 20).
Timeline: Financial docs 2–3 wk · BOI Endorsement Letter 6–8 wk · Visa stamp at Immigration or embassy 1–2 wk · Total 3–4 months
Official fees: Government LTR fee THB 50,000 per person (10 years) + Digital Work Permit THB 3,000/yr — our advisory fees quoted separately.
Eligibility
Global assets ≥ USD 1M · personal income ≥ USD 80,000/yr for past 2 years · Thailand investment ≥ USD 500,000 (Thai govt bonds / FDI / real estate / SEC-approved ETFs).
Required Documents
- Bank statements 2 years showing balance ≥ USD 1M at filing date
- Tax returns / income statements 2 years showing ≥ USD 80,000/yr
- Thailand investment proof USD 500,000 (bond confirmation / FDI capital / title deed / ETF statement)
- Medical history + health insurance USD 50,000
- Police clearance from home country (NAATI or certified translation)
- Passport valid ≥ 6 months
Pitfalls to Avoid
- Thai real estate must be titled to applicant personally or via foreigner-quota condo — land through a Thai company does not qualify
- ETFs must be on the SEC-approved list — Vanguard/BlackRock bought through overseas brokers won't count
- Passive income (dividends/interest) qualifies but needs 1099/withholding proof over 2 years
- Passport under 18 months validity → BOI may require renewal before endorsement
Best Fit
- US/EU investors relocating tax residency to Thailand
- Startup founders post-exit seeking an APAC hub
- Family Offices needing long-term visas for 4 members
Frequently Asked Questions
- Must the USD 1M be all cash?
- No — total assets including equity portfolios, real estate, and retirement accounts qualify with a valuation report < 12 months old.
- How long must the USD 500,000 investment be held?
- Throughout the full 10-year LTR term. Early withdrawal gives BOI grounds to cancel the visa.
- Can I sponsor my parents in the 4 dependents?
- No — only legal spouse and children under 20. Parents must apply separately (e.g. Non-O Retirement).
- How much tax will I pay in Thailand?
- Income remitted to Thailand is taxed at standard PIT (up to 35%), except the Highly-Skilled category which enjoys a 17% flat rate.
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Official sources — visa & work permit
The information on this page follows the official sources below. Always check the latest version before you file.
- สำนักงานตรวจคนเข้าเมือง — วีซ่า รายงานตัว 90 วัน TM.30— Immigration Bureau
- Thai e-Visa Official Portal— MFA Thailand
- Thailand Digital Arrival Card (TDAC)— Immigration Bureau
- กรมการจัดหางาน — ใบอนุญาตทำงานคนต่างด้าว— Department of Employment
- สำนักงานคณะกรรมการส่งเสริมการลงทุน (BOI) / LTR Visa— Thailand Board of Investment
- กรมการกงสุล — บริการรับรองเอกสาร (นิติกรณ์)— กระทรวงการต่างประเทศ
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Frequently asked questions
- How does 90-day reporting work and what happens if I miss it?
- Foreigners staying in Thailand on a long-stay permission must report their address to Immigration every 90 days, in person, by post, through an agent or online, within the window from 15 days before to 7 days after the due date. Late reporting carries a fine of THB 2,000, rising to THB 5,000 if you are caught during an arrest, and the counter can only accept the report within the permitted window.
- What is TM30 and who must file it?
- TM30 is the notification of a foreigner's place of stay, and the legal duty falls on the house owner, condominium owner, hotel or landlord to notify Immigration within 24 hours of the foreigner's arrival at the address. Foreigners are affected in practice because Immigration frequently requires a current TM30 receipt before processing extensions, 90-day reports and re-entry permits.
- Can I convert my foreign driving licence to a Thai one?
- Yes — the Department of Land Transport allows conversion of a valid foreign licence with a certificate of residence from Immigration or an embassy letter, a medical certificate, passport and visa copies, and passing the colour, reaction and depth-perception tests. Holders of a licence from a country with a reciprocal arrangement may be exempt from the written and practical tests.
- Can a foreigner own a condominium in Thailand?
- Yes, under the Condominium Act foreigners may own units in freehold up to 49% of the total saleable floor area of the building, and the purchase funds must be remitted into Thailand in foreign currency with a Foreign Exchange Transaction certificate issued by the receiving bank for transfers of USD 50,000 or more. Land ownership remains closed to foreigners other than under BOI or specific statutory exceptions.