Thailand, a country with diverse weather, a low cost of living, and beautiful beaches, offers great long-term visa options for you to work, live, and build a family. With 156,596 expats estimated to move to Thailand in Q1-Q2 of 2023 to live or work, we are going to explore a variety of long-term and short-term visa options for your stay in Thailand.
The Long Term Resident (LTR) Visa in Thailand is becoming increasingly popular for expats. LTR visa options are available for wealthy individuals, wealthy pensioners, work-from-Thailand professionals, and highly skilled professionals. You can obtain an LTR visa for 5 years, which can be renewed for another 5 years. By obtaining an LTR visa, you benefit from fast-track service at international airports, permission to work, and tax exemption on overseas income.
A detailed requirements and step-by-step guide to applying for the LTR visa option in Thailand can be watched in the video here.
Thailand Elite Visa options fall under the Tourist Visa category (Privilege Entry Visa) and offer residency in Thailand with benefits for 5, 10, or 20 years, depending on the package you select.
There are three main packages to choose from:
For example, the Elite Easy Access package requirements are:
The first and entry-level package starts from only 500,000 THB (just under 16,000 USD), allowing you entry and residence for a period of 5 years anywhere in Thailand. Key features: Limousine, concierge, airport lounge, and banking services. You can listen to a full video here for the Thailand Elite Visa Option.
One of the main benefits for Elite Visa holders is that there is no requirement to exit the country every 90 days.
Retirees seeking to move and live in Thailand have the option to apply for the Retirement Visa. Retirees aged 50 and over can apply if they have a pension or monthly income of no less than 1,500 GBP or 1,907.53 USD (70,408.75 THB). Alternatively, for a Retirement Visa, you can deposit 18,600 GBP or 23,652.69 USD (872,784.26 THB) into a Thai bank account.
For a more detailed step-by-step approach to obtaining and applying for the Retirement Visa option in Thailand, you can listen to the video here.
A new innovative visa option in Thailand is the Smart Visa. The Smart Visa is designed to attract highly skilled workers, investors, entrepreneurs, and executives in target industries such as Next-Generation Automotive, Digital, Smart Electronics, and more. Smart Visa holders can stay for a maximum of four years and are exempt from work permit requirements.
For expats looking to open a business in Thailand, you can apply for a Thai Business Visa, also known as a Non-Immigrant B Visa. The Business Visa is valid for 1 year and can be renewed. Furthermore, visa holders can eventually apply for permanent residency.
For investors seeking to achieve rental yields, profit, and live in Thailand, you have the option of the Investment Visa. By applying for an investment visa, you can buy property in Thailand with high rental yields for a minimum of 10 million Thai Baht (230,000 GBP / 265,000 USD) or obtain Thai government bonds. The Thailand investment visa is obtained for 1 year and is extendable to family members. It is also eligible for renewal.
A video and information to obtain a investment visa in Thailand is here
Don't miss out on your chance to make informed decisions and enjoy the best that Thailand has to offer. Contact us today for more information on how to start your journey!
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