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Thailand

Today, Thailand is already home to multinational corporations from all over the world and one of the most important tourist destinations in Asia. Thailand presents itself as a very attractive location for “work from anywhere” professionals. The Thai government has set the target of attracting one million wealthy or talented foreign residents into the country over the next five years. This program provides a range of tax and non-tax benefits to enhance the country’s attractiveness as a regional hub for living and doing business for ‘high-potential’ individuals.

Time to permit

10 years

Visa-free travel

80 countries and regions

Passport rank

64th in the world

Taxation

Foreign Income Exemption

Residency requirement

฿10,000,000

Established time

Program launched in 2022

Application Requirements

1. Wealthy Pensioners: Retirees aged 50 years and older who have annual pension or stable passive income.

2. Wealthy Global Citizens: Wealthy individuals holding at leat USD 1 million in assets.

3. Work-from-Thailand Professionals: Remote workers working for well-established overseas companies. 

4. IV Highly-Skilled Professionals: Professionals or experts in targeted industries working for business entities of higher education institutes or research centres or specialized training institutions in Thailand or Thai Government agencies.

5. Spouse and children aged under 20 years old of LTR visa holders can also apply as dependants.

Program Benefits

  • It is a 10-year renewable multiple re-entry visa.
  • Exemption from 4 Thais: 1 foreigner employment requirement ratio​
  • Permission to work in Thailand (Digital Work permit)
  • 90-day report extended to 1-year report and exemption of re-entry permit
  • 17% Personal income tax rate for Highly skilled professionals and tax exemption from oversea income.
  • Entitlement to PHILHEALTH benefits & privileges; ​
  • Immigration and work permit facilitation services at One Stop Service Center for Visa and Work Permit.
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