Long Term Residency Visa (LTR)
The Long Term Residency visa (LTR) program has been designed to attract ‘high-potential’ foreigners to Thailand. The LTR program offers qualifying applicants a visa that is valid for 10 years and a range of tax and non-tax benefits to the holders.
The LTR visa is available to the following 4 groups:
- Wealthy global citizens
- Wealthy pensioners
- Professionals working in Thailand
- Highly skilled workers
Eligible applicants of the LTR progrma will receive a visa which is valid for a period of 10 years.
LTR holders are eligible for certain benefits such as income tax incentives, access to the Fast Track service at airports and the removal of the requirement for employers to hire four Thai citizens per foreigner.
Holders of the LTR will be eligible to receive a Digital Work Permit. This is currently not possible through the existing visas on offer.
Why work with VB Partners?
Applying for a visa and work permit in Thailand can feel like a complex process. At VB and Partners, our team of experts are ready to provide the guidance you require. Our comprehensive array of visa and work permit services will provide assistance during every stage of the process, from the initial visa eligibility assessments to the successful acquisition of your work permit, enabling you to start working in Thailand.
Navigating the intricacies of local immigration laws and regulations is important for individuals seeking to work in legally Thailand. Our customized solutions are designed to ensure strict compliance with all legal prerequisites. Our team of experts well-versed in Thai immigration procedures and policies, will help ensure a smooth and efficient process.
VB and Partners takes pride in its team of experts. Encompassing Visa and Work Permit Applications, Visa and Work Permit Consultations, and Permanent Residency, VB and Partners stands as your preeminent destination for fulfilling all your immigration requirements.
What does this package include
Application submission – Our experts will help prepare, register, and submit the required documents to the BOI to begin the ‘Qualification Endorsement’ process.
- Qualification Endorsements – Our visa expert will also liaise with BOI to ensure the smooth and timely approval of the qualifications. Upon approval of the documents, the applicant will receive an endorsement letter.
- Obtaining the visa – Our visa expert will assist the applicant in applying for the LTR visa stamp at the Immigration Office in Thailand. This process must be completed within 60 days of obtaining the endorsement letter. Applicants outside Thailand can apply for their LTR visa stamp via the Royal Thai Embassy or Consulate.
- Obtaining a Digital Work Permit – Our visa expert will assist the applicant in applying for the digital work Permit at the One Stop Service Center for Visa and Work Permits.
- Answering questions about the visa and work permit service.
The LTR visa is issued for up to ten years and is renewable
Price: + 7% VAT
What you must know before applying
Book a Call with our expert
Receive a one-hour consultation to guide you through obtaining a LTR visa and work permit in Thailand. Our legal experts will offer insights into key areas such as the application requirements, process and general aspects of LTR visas and work permits in Thailand.
Our experts will also address your questions and queries to attain a comprehensive understanding.
If additional research is needed to answer your questions fully, our legal specialists will diligently investigate and furnish you with supplementary information via email.
Legal professionals lead our consultations and can be conducted in English or French for your convenience.
Frequently Asked Question
The whole process usually takes approximately 2-3 months.
Yes it is possible for you to bring your family as dependents under the LTR visa.
Yes, the LTR visa offers the possibility for holders to obtain a digital work permit. Furthermore, the LTR visa offers special benefits such as tax incentives for holders of certain types LTR visa.
The LTR visa is available to the following 4 groups:
- Wealthy global citizens
- Wealthy pensioners
- Professionals working in Thailand
- Highly skilled workers
For more information about who can qualify for these groups, please take a look at our blog post on the subject here.
Yes, the LTR visa comes with multiple re-entry permits, therefore, you can enter and leave Thailand as many times as you like during the validity of your Visa.
Holders of an LTR visa will be eligible for many attractive benefits which have been designed to make living in Thailand long term easier and less bureaucratic. These privileges include:
- Special Personal Income Tax (PIT) rate of 17% for highly skilled professionals. The current rate of PIT for normal employees is taxed at a progressive rate (from 5 to 35%).
- Tax exempted for overseas income.
- Permission to work in Thailand. Holders of the LTR will be eligible to receive a Digital Work Permit.
- Exempted from the employment requirement ratio for employers to hire four Thai citizens per foreigner (eligible for a highly skilled professional who works for a Thai company in Thailand which is endorsed in the targeted industries).
- Use of the Fast Track Service at qualifying airports.
If you have an extension of stay based on Employment of Conducting Business, you will need to go to the Immigration Office and cancel the extension. Upon cancellation, you will be given a 7 day stamp in your passport and be required to leave Thailand.
A work permit in Thailand is a legal document which clearly states a foreigner’s position, occupation, or job description and the name and details of the Thai company they will be working for. It also acts as a license to perform a job/occupation for a foreigner in Thailand.
No, it is not possible to start working until a full work permit has been granted, unless the employee is working for a business promoted by the BOI (Board of investment).
Can a foreigner work 2 different jobs in Thailand?
What kind of work a foreigner can do in Thailand?