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Long-Term Resident (LTR) — Wealthy Global Citizenวีซ่าผู้พำนักระยะยาว (LTR) — พลเมืองโลกที่มีฐานะการเงินสูง
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A 10-year long-stay visa (5 years + a 5-year extension) administered by the Board of Investment (BOI) for high-net-worth individuals. The Wealthy Global Citizen category has no age limit and no employment requirement and is asset-driven. Multiple-entry, annual reporting instead of 90-day, no re-entry permits, and dependants included with no cap.
- Duration
- 10 years: an initial 5-year permission + a 5-year extension after a year-5 progress report; multiple-entry.
- Extensions
- Renewable for the second 5-year block after a year-5 progress report, provided qualifying conditions are maintained.
- Financial requirement
- At least USD 1,000,000 in global personal assets, AND at least USD 500,000 invested in qualifying Thai assets (government bonds ≥5-year maturity, SET-listed stocks held ≥1 year, FDI, qualifying property). Health cover: insurance ≥ USD 50,000, OR Thai social-security membership, OR a Thai bank deposit ≥ USD 100,000 held continuously ≥ 12 months (as of 2026-05-24).
- Fees
- 50,000 THB per person for the 10-year term, collected at TIESC Bangkok / on issuance.
- Processing time
- BOI qualification/endorsement then issuance — around 20 days. 60 days to obtain the visa after endorsement.
Who it’s for
- High-net-worth individuals with significant global assets
- People who want a decade-long Thai residence for themselves and their family
- Applicants who want no age, work, or annual-extension constraints
Key documents
- Passport
- Evidence of ≥ USD 1M global assets (statements/valuations)
- Evidence of the ≥ USD 500,000 Thailand investment (bond/share/FDI/property documents)
- Health-insurance policy (≥ USD 50,000) OR USD 100,000 Thai-bank-deposit evidence OR Thai SSO proof
- BOI endorsement letter (issued first), then visa issuance within 60 days
Staying compliant
- Annual reporting replaces the 90-day report
- No re-entry permit required
- Year-5 progress report before the second 5-year block
- Maintain qualifying assets/investment/insurance throughout
Recent changes
- The USD 80,000/year personal income test was REMOVED in February 2025 — the single most material change; HNWIs are no longer disqualified by income structure.
- CONFLICT — verify before quoting to a client: the internal ThaiVisa schema (dated BOI 30-Jun-2025) still lists the USD 80,000/year income test and excludes cryptocurrencies/portfolios from the USD 1M assets, while 2026 web advisories say the income test is gone and that investment portfolios / crypto may now count toward the USD 1M. Treat income-removed + portfolios-allowed as the likely-current position, but confirm against the live BOI Wealthy Global Citizen criteria page — this is a liability-sensitive figure.
Common pitfalls
- Counting excluded asset classes toward the USD 1M (status of crypto/portfolios is disputed — verify)
- Thailand investment under USD 500,000 or in a non-qualifying instrument
- Insurance below USD 50,000 / using travel insurance / wrong deposit type for the USD 100k path
- Letting the BOI endorsement lapse (use within 60 days)
- Relying on the outdated income test (removed Feb 2025) or assuming it still applies
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