ORVELION
Jurisdictions

Thailand

Thailand’s Long-Term Resident visa gives wealthy applicants a 10-year renewable stay from 500,000 USD invested in Thai assets (within 1,000,000 USD of total wealth), with a genuine tax exemption on foreign-source income. Two honest points: this is long-stay residency, not a route to a Thai passport, and Thailand is not a zero-tax country — ordinary tax residents are taxed on Thai income and, since 2024, on foreign income they remit.

Thailand gets called a tax haven more often than almost anywhere else on this site, and the label is wrong: ordinary tax residents have been taxed on foreign income they remit since a 2024 rule change. What the Long-Term Resident visa actually buys is a precise carve-out from that change — exemption on foreign-source income — for a single USD 500,000 threshold that can be met by government bonds, a Thai company stake, or property, in any combination. The official criteria are still unsettled: some 2025-2026 sources report the income test dropped for the wealthy route, others still cite it. Thai naturalisation itself stays rare and slow, unlike Canada's three-year citizenship path when its programme is open. See other residency-by-investment options and how figures are checked in our methodology.

Programme status

ProgrammeStatusVerified onOfficial source
Thailand Long-Term Resident (LTR) Visa — Wealthy Global CitizenOpenThailand Board of Investment — LTR Visa (programme officiel)

The programme

Residency by investment

Thailand Long-Term Resident (LTR) Visa — Wealthy Global Citizen

From
$500 000≈ $667 500 for a family of four, fees included
Processing time
1–2 months
Physical presence
No minimum stay is required to keep the visa, and the usual 90-day reporting is relaxed to once a year — well suited to a part-time base rather than full relocation.

Read the full Thailand Long-Term Resident (LTR) Visa — Wealthy Global Citizen page →

Investment routes

RouteOfficial minimumReal total, family of fourHoldRecoverable
Government bondsAlso accepted for this threshold — business, real estateOne threshold of 500,000 USD invested in Thailand, in the applicant’s name, met by any one of three assets or by a combination of them: Thai government bonds with more than five years’ remaining maturity, direct investment in a Thai-registered company, or Thai property. It sits inside a wider requirement of 1,000,000 USD in global assets, which the 500,000 USD counts towards. Note that foreigners cannot own land freehold in Thailand — property here means a condominium unit or a long-lease structure.$500 000≈ $667 5005 yrYes

Timeline

The programme announces 1–2 months. That is the official figure, not a commitment.

A qualification endorsement from the Board of Investment is issued first, then the visa; practitioners report roughly one to two months end to end for a complete file.

Eligibility and exclusions

Family
Spouse and children under 20, up to a maximum of four dependants per LTR holder.
Physical presence
No minimum stay is required to keep the visa, and the usual 90-day reporting is relaxed to once a year — well suited to a part-time base rather than full relocation.

Tax at a glance

  • LTR visa holders enjoy a tax exemption on foreign-source income
  • Ordinary residents are taxed on Thai income, progressively from 0% to 35%
  • Since 2024, ordinary residents are taxed on foreign income remitted to Thailand
  • Corporate income tax is 20%; VAT is 7%
  • An inheritance tax applies above a high threshold — Thailand is not tax-free

The tax story is specific — not “tax-free”

Thailand is often mislabelled as a tax haven. It is not. What the LTR visa offers is a precise, valuable exemption: LTR holders are exempt on foreign-source income. That matters most against the backdrop of a 2024 change, under which ordinary Thai tax residents (present 180+ days) are now taxed on foreign income they bring into Thailand. The LTR carves you out of that; an ordinary long-stay visa does not.

Personal income tax on Thai-source income

Income earned in Thailand is taxed progressively, from 0% up to 35%. Local salary, local business and Thai-source gains fall here — the LTR exemption is for foreign income, not Thai income.

Corporate and indirect tax

Companies pay corporate income tax at 20%, and the standard VAT is 7%. These are ordinary, mainstream rates, not offshore ones.

Inheritance is taxed above a threshold

Unlike the zero-estate-tax Caribbean and Gulf options, Thailand levies an inheritance tax on estates above 100 million baht (roughly 2.8 million USD), at 5% for ascendants and descendants and 10% for others, plus a gift tax. A land and building tax also applies to property.

Residency is not citizenship — and tax residence turns on days

The LTR is a 10-year stay, not a passport, and holding it does not by itself make you Thai tax-resident: that turns on spending 180 days or more in a year. It also does not remove obligations to a country that taxes on citizenship, such as the United States. If a tax-efficient Asian base is the goal, compare it honestly with other residence routes such as Panama or the zero-tax Gulf option of the UAE, read our tax hub, and see how each figure is checked in our methodology. Browse all options on our residency hub.

Real estate

RouteOfficial minimumReal total, family of four
Government bondsAlso accepted for this threshold — business, real estate$500 000≈ $667 500

Compare it with another jurisdiction

—PortugalGreece
Official minimumenv. $289 000Identical on this lineenv. $289 000Identical on this line
Real total, family of 4 (fees included)≈ $385 214Identical on this line≈ $385 214Identical on this line
Announced processing12–24 months4–6 monthsfaster
Presence requiredSeven days in the first year, then fourteen days in each subsequent two-year period.None.
Years to citizenship10 years7 yearsfaster
Investment routesInvestment fund, Business, DonationReal estate
A route returns the capitalNoIdentical on this lineNoIdentical on this line
Open to Russian applicantsYesIdentical on this lineYesIdentical on this line
RegionEuropeIdentical on this lineEuropeIdentical on this line

Open the country page · PortugalOpen the country page · Greece

Frequently asked questions


Does the Thailand LTR visa really exempt my foreign income from tax?

Yes — LTR holders are granted an exemption on foreign-source income. This is meaningful because, since 2024, ordinary Thai tax residents are taxed on foreign income they remit into Thailand. It does not remove obligations to a country that taxes on citizenship, such as the United States.

Can the LTR visa lead to Thai citizenship?

Not realistically. The LTR is a 10-year long-stay visa, not a route to naturalisation. Thai citizenship is rare, slow and hard to obtain, so treat this as residency, not a passport plan.

How much must I invest for the Wealthy Global Citizen route?

At least 500,000 USD in qualifying Thai assets — government bonds, direct investment in a Thai company, or Thai property — within total assets of at least 1,000,000 USD, plus a health-insurance or deposit condition. Confirm the current criteria with the Board of Investment.

Do I have to travel there?

No minimum stay is required to keep the visa, and the usual 90-day reporting is relaxed to once a year — well suited to a part-time base rather than full relocation.

Who can I include in the application?

Spouse and children under 20, up to a maximum of four dependants per LTR holder.

Freedom. Anywhere.

Find my programme

What we do for you

Citizenship or residence, the honest answer often is not the one you arrived with. We take the whole procedure with you — eligibility, the route that fits your situation, the file, the follow-up — with one person on your side throughout.

For Thailand specifically, you are talking to someone who already knows the file: who to speak to on the ground, what the unit actually asks for, and the points where applications stall.

  • One point of contact, from the first call to the certificate
  • Vetted partners on the ground — law firms, licensed agents, banks — introduced, not listed
  • It starts with a short qualifying call, and no, it is not a sales call

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