Thailand
Thailand, a popular destination in Southeast Asia, offers a blend of vibrant culture, stunning natural beauty, and a high standard of living at an affordable cost. Its attractions include ancient ruins, tropical islands, a lively nightlife, Buddhist temples, and several UNESCO World Heritage Sites. The country is also becoming an increasingly appealing choice for those seeking a second home or long-term residence. Thailand offers two main residence by investment programs: the Thailand Privilege Residence Program and the Long Term Residence Program.
Thailand Privilege Residence Program
The Thailand Privilege Residence Program provides foreign nationals the opportunity to live in Thailand with a variety of privileges for up to 20 years. It is designed for individuals or families seeking a long-term stay with VIP services.
Country information
Population: 69'794.997 Hab Aprox.
Capital: Bangkok
Official Language: Thai
Income percapita: 22.490 USD
Program Options
Golden Visa
Valid for 5 years
Application fee: THB 900,000 (around USD 25,000).
Allocates 20 points per year for services.
Dependent inclusion is not allowed.
Valid for 10 years.
Application fee: THB 1.5 million (USD 42,000) for the main applicant and THB 1 million (USD 28,000) for each dependent.
Allocates 35 points per year.
Platinum card
Valid for 15 years.
Application fee: THB 2.5 million (USD 70,000) for the main applicant and THB 1.5 million (USD 42,000) for each dependent.
Allocates 55 points per year.
Diamond Card
Reserve Card (by invitation only):
Valid for 20 years.
Application fee: THB 5 million (USD 140,000) for the main applicant and THB 2 million (USD 55,000) for each dependent.
Allocates 120 points per year.
Benefits
Long-term residence with VIP treatment.
No minimum stay requirement.
Attractive tax benefits and exemptions.
Ability to include a spouse and dependents.
Elite service for immigration processing.
Application Process
Initial due diligence checks.
Payment of a THB 50,000 application fee.
After approval, applicants can make the full contribution and receive a residence visa.
Long Term Residence Program
The Long-Term Residence Program (LTR) allows individuals to live and work in Thailand for up to 10 years (with the possibility of a five-year renewal). It is suited for individuals who meet specific investment, income, or professional criteria.
Must have at least USD 1 million in assets and USD 80,000 in yearly income for the last two years.
Must invest at least USD 500,000 in Thai property, foreign direct investment, or Thai government bonds.
Wealthy Pensioner:
Retirees (50+ years old) must have an annual pension or passive income of at least USD 80,000.
If the income is below USD 80,000 but above USD 40,000, an investment of USD 250,000 in Thai property, foreign direct investment, or government bonds is required.
Work from Thailand Professional:
Applicants must work for an established overseas company with a minimum yearly income of USD 80,000 for the past two years.
Alternatively, an income between USD 40,000 and USD 80,000 with a Master’s degree, intellectual property, or Series A funding may qualify.
Highly Skilled Professional:
Professionals with five years of experience in targeted industries.
Must have a personal income of at least USD 80,000 or have a Master’s degree in science and technology, or special expertise.
Benefits
Up to 10 years of residence.
Reduced administrative requirements.
Favorable tax regime.
No mandatory residence requirement.
Inclusion of up to four dependents (spouse and children under 20).
Application Process
Initial due diligence checks.
Submission of the application with the required documents
After approval, an appointment at a Thai Embassy or One Stop Service in Bangkok for visa affixation.
Dual Citizenship and Permanent Residency
Thailand does not recognize dual citizenship but allows for permanent residency. To apply for permanent residency, one must have held a Thai non-immigrant visa for at least three years. Once granted permanent residency, individuals may apply for Thai citizenship after 10 years.
Categories of the Long Term Residence Program Wealthy Global Citizen:
Frequently Asked Questions
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