Thailand's Long-Term Resident (LTR) Visa: Major Changes for Expats and Investors in 2025

 

Thailand Eases Long-Term Resident (LTR) Visa Rules for Skilled Professionals and Investors

Thailand has introduced significant updates to its long-term resident (LTR) visa program, making it easier for skilled professionals, high-net-worth individuals, and global investors to apply. Approved by the Thai Cabinet in January 2025, these amendments aim to attract top talent and foreign investment, strengthening Thailand's position as a major hub for business and innovation in Asia. What is a Long-Term Resident (LTR) Visa? The LTR visa is a 10-year residence permit designed for professionals, entrepreneurs, and investors seeking long-term opportunities in Thailand. It offers tax benefits, a digital work permit, and relaxed eligibility rules, making it an attractive option for expats and remote workers. Key changes in Thailand's LTR visa policy 1. No income requirement for wealthy global citizens The minimum income requirement for the wealthy global citizens category has been removed. Instead, applicants will now be assessed based on their net worth, investments, and contributions to Thailand's economy. This makes it easier for high-net-worth individuals to qualify for long-term residency. 2. Lower corporate sponsorship criteria Thailand has lowered the revenue requirement for corporate-sponsored applicants. Now, multinationals need only have revenues of USD 50 million over the past three years (previously USD 150 million). Employees working for multinational subsidiaries can also apply if the parent company meets financial stability requirements. 3. More sectors eligible for LTR visas The list of eligible industries for skilled professionals has expanded. Thailand now welcomes experts in technology, innovation, and disaster management, in sync with the country's strategy to promote economic growth in emerging sectors. 4. Work experience requirement removed Previously, applicants had to have at least five years of relevant work experience to qualify. This requirement has now been removed, allowing young professionals and emerging industry leaders to apply without an extensive work history. 5. Unlimited dependents allowed LTR visa holders can now bring along unlimited dependents, providing more flexibility to families looking to settle in Thailand. Why choose Thailand’s LTR visa? Since its launch in 2022, the LTR visa has offered a number of benefits, including: ✅ 10-year renewable residency ✅ Digital work permit for remote workers and digital nomads ✅ Tax incentives for qualified expats ✅ Fast-track services at airports and immigration counters With more than 6,000 applicants already taking advantage of the program, the latest updates will likely attract even more international talent and investors. Thailand: A Growing Hub for Global Talent and Investment While countries are competing to attract top professionals and foreign capital, Thailand’s revised LTR visa reinforces its reputation as a business-friendly, innovative and investment-driven destination. With these policy updates, Thailand is set to become a leading choice for long-term migrants, entrepreneurs and skilled professionals in 2025 and beyond.

 

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