LTR visa to Thailand for investors
The Thai LTR (Long-Term Resident) visa is one of the most attractive options for those who want to settle in the country for a long term. It opens up special opportunities for foreign investors wishing to invest in promising Thai assets.
Thai long-term visa is intended for wealthy citizens, people who are over 50 years old with passive income, remote workers, and other categories of applicants. It allows you to do business and live in the Sunny Kingdom for up to 10 years with the possibility for extension.
The residence permit covers not only the investor himself/herself but also his/her spouse and minor children (up to 4 relatives can be included in the application). It is the best choice for those who want to get long-term security of stay in Thailand.
Visa holders can be officially employed or run their own business in the territory of the Kingdom. But for this, they need to obtain additional work permits.
Specialists of Citizenship-By.Investment will help you apply for LTR Visa Thailand and pass all the necessary stages quickly and without any problems. We will undertake the collection of documents, preparation of the application, and support of the visa processing procedure.
Thailand LTR visa: Requirements
The main requirements for the LTR Visa Thailand include:
- Investment: the minimum Thailand LTR visa cost is $500,000. The investment can be in real estate, securities, or other assets.
- Minimal annual income: $80,000.
- Assets: having assets worth at least $1 million.
The 10-year LTR visa in Thailand opens a wide range of opportunities for foreigners wishing to move to the Kingdom. However, to obtain this status, it is necessary to meet a number of established requirements. They include:
Confirmation of financial solvency
The main condition for getting an LTR visa is the applicant's confirmation of a stable annual income of at least $80,000 or an equivalent amount in another currency. This income can come from various sources: pension payments, investments, entrepreneurial activity, etc.
Availability of medical insurance
The applicant has to provide a valid health insurance policy covering in-country treatment costs of $100,000 minimum. The period of validity of the insurance policy must correspond to the requested visa period.
No criminal record
Applicants must also provide a certificate of no criminal record in their home country. Having a criminal record automatically makes it impossible to move to Thailand.
Payment of visa fees
A government fee of 50,000 Thai Baht (about $1,383) must be paid at the time of applying. This fee is non-refundable in case the Thailand LTR visa application is denied.
It is worth noting that if all the above conditions are met, there is no guarantee of 100% approval of the application. The final decision on each specific case is made by the immigration service of the Kingdom.
Documents for LTR visa in Thailand
To apply for an LTR visa in Thailand it is required to collect documents, which include:
- Application form: a prescribed application form with personal details, contact information, information about the purpose of stay in the Kingdom, etc.
- Passport: original with validity of at least 18 months at the time of application. Pages with the personal data, photo, and entry/exit stamps must be provided.
- Photo: 2 color photos sized 4x6 cm, taken within the last 6 months.
- Documents proving financial solvency: certificates of annual income.
- Health insurance: copy of the health insurance policy.
- Certificate of no criminal record: original or notarized copy; the document must be translated into English.
- Consent to data verification: signed consent of the applicant to verify and confirm the information provided by the immigration authorities of the country.
