Key Points
- Thailand plans to simplify its Long-Term Resident (LTR) Visa and SMART Visa programs to attract foreign professionals and investors
Long-Term Resident Visa in Thailand
Thailand plans to simplify the Long-Term Resident (LTR) Visa and SMART Visa programs to attract foreign professionals and investors. Key changes include:
- Removing the USD 80,000 annual income requirement for “Wealthy Global Citizens” in the LTR Visa program.
- Lowering the revenue threshold for “Work-from-Thailand” employers from USD 150 million to USD 50 million over three years.
- Lifting restrictions on the number of dependents for LTR Visa holders.
- Phasing out overlapping categories in the SMART Visa program, leaving only the SMART-S (Start-up) category.
These changes are expected to take effect in March 2025.
Content in this publication is for informational purposes only and not intended as legal advice, nor should it be relied on as such. For additional information on the issues discussed, consult an attorney at Corporate Immigration Partners, P.C., or another qualified professional of your choosing. On non-U.S. immigration issues, consult your Envoy representative, or another qualified representative of your choosing.
