Thailand Launches Long-Term Resident Visa Program for Foreigners

Thailand has launched a Long-Term Resident (LTR) Visa program designed to attract "high-potential" foreigners by providing a structured pathway for long-term residency. The application process consists of four steps: 1) Application submission via the LTR Visa portal, where the main applicant registers and uploads documents, and dependants create separate accounts. 2) Qualifications endorsement by relevant agencies, including the Thailand's Board of Investment and the Immigration Bureau, which takes up to 20 working days. 3) Visa issuance, where approved applicants must submit further documents for a pre-approval process lasting one to three working days and then collect their visa within 60 days.

The processing fee for the 10-year multiple-entry visa is 50,000 Baht. 4) Work permit application for those intending to work in Thailand, processed concurrently and taking three to five working days, with an annual maintenance fee of 3,000 Baht. Notably, applicants can begin working while their work permit is being processed.