Updated conditions for certain LTR visas

Updated conditions for certain LTR visas

BIG NEWS! Just Got Easier – Here’s What You Need to Know!
The Board of Investment has announced significant changes to the Long-Term Resident (LTR) Visa criteria, making it easier for applicants to qualify! While most categories have seen relaxed requirements, no updates have been made for the Wealthy Pensioner category.
Wealthy Global Citizen

• Removed: Personal income requirement of USD 80,000/year over the past two years.
• NEW! No personal income requirement.

Work from Thailand Professional Group (Digital Nomad)

• Removed: 5-year work experience requirement in relevant fields.
• Removed: Employer requirement of at least three years of operation with a combined revenue of USD 150 million over the last three years.

NEW!

• No work experience is required.
• Overseas employer revenue threshold lowered to USD 50 million over the last three years.
• Wholly owned subsidiaries can now apply using the parent company’s financials.

Highly-Skilled Professional

• Removed: 5-year work experience requirement in relevant fields.
• NEW!
  • No work experience is required.
  • Expanded eligibility to include academic professors across all fields.

Dependents of LTR Visa Holders

• Removed: Limitation of no more than 4 dependents.
• Removed: Exclusion of parents and legal dependents.
• NEW!
  • Now includes parents, legal children, and other legal dependents.
  • No limit on the number of dependent applications.

These changes are designed to make the LTR Visa more accessible and attractive to a wider range of applicants. If you or someone you know is considering applying, now is the perfect time to take advantage of these new, more flexible criteria!