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LTR Wealthy Global Citizen

10-year visa for individuals with ≥ USD 1M in assets and ≥ USD 500K Thai investment

AI Quick Answer

Wealthy Global Citizen requires ≥ USD 1M in total assets + ≥ USD 80,000/yr personal income (last 2 years) + ≥ USD 500,000 invested in Thailand (government bonds, property, or FDI). BOI fee 50,000 THB. 10-year visa with Digital Work Permit and tax exemption on remitted foreign income.

BOI fee
THB 50,000
Processing
20 วันทำการ (BOI)
Key criteria
Assets ≥ USD 1M · Income ≥ USD 80K/yr · Thai investment ≥ USD 500K

Application steps

  1. 1
    Prepare proof of assets

    Bank / portfolio statement certified by a bank or CPA showing ≥ USD 1M total assets

  2. 2
    Prepare 2-year income proof

    Tax returns / payslips / dividend records showing USD 80K+/yr for two consecutive years

  3. 3
    Invest USD 500K in Thailand

    Thai government bonds, freehold condo, or BOI-eligible Thai equity / FDI

  4. 4
    Apply online at ltr.boi.go.th

    Upload all documents, pay BOI processing fee. Qualification review takes about 20 days

  5. 5
    Receive endorsement & visa stamp

    Once BOI approves, get visa stamp at a Thai embassy or OSS Chamchuri Square; request the Digital Work Permit separately

Required documents

  • Passport with ≥ 6 months validity
  • Two 4x6 cm photos (taken within 6 months)
  • CV / résumé in English
  • Health insurance ≥ USD 50,000 covering treatment in Thailand
  • Police clearance from every country lived in > 6 months over the last 10 years
  • Bank/CPA-certified asset statement ≥ USD 1M
  • Last 2 years tax returns or payslips + dividend statements
  • Proof of USD 500K Thai investment

Frequently asked questions

Do I have to remit money before applying?

No — but you must complete the USD 500K investment within 1 year of endorsement and maintain it throughout the visa term.

Is the foreign-income tax exemption real?

Yes. Royal Decree No. 743 (2022) exempts foreign-sourced income remitted into Thailand from Thai personal income tax for LTR holders in the Wealthy Global Citizen, Wealthy Pensioner, and Work-from-Thailand categories. The exemption applies only while your LTR status is valid, and Thai-sourced income remains fully taxable. Confirm your filing position with a Thai tax adviser each year.

Do I still need 90-day reports?

Yes, LTR holders still report their address to Immigration, but the cadence drops from every 90 days to once a year. You can file the annual report at the One Stop Service Center in Chamchuri Square or the Immigration office covering your residence, and you should keep every receipt for renewal at year five.

Can I get a long Thai driving license?

Yes. LTR holders can apply directly for the five-year Thai driving licence rather than starting with the two-year temporary one. Bring a Certificate of Residence from the OSS or Immigration, your passport with the LTR stamp, a medical certificate, and pass the Department of Land Transport physical-ability test.

How does renewal after 5 years work?

BOI reviews qualification at year 5; if still eligible, the visa extends a further 5 years at no renewal fee.

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