The Thailand long stay visa is one of the most affordable options for people who want to live in the country. It also comes with fewer immigration obligations than retirement or other visas.
The Cabinet has recently halved the fee for this 10-year visa to attract high-potential foreigners. The change will make the visa more appealing to wealthy global citizens, wealthy pensioners, and work-from-home professionals.
How to Apply
The process for obtaining a long-term resident visa in Thailand is relatively simple. First, you will need to create an account with the Thai government website. Once you have done this, you can begin the application. The system will ask you to provide your passport type, current location, and consulate.
Once you’ve completed the registration, you will need to submit your documents and pay the visa fee. Then, you’ll be notified of the status of your application via email. It’s important to verify that the email address you provide is valid. You will receive all notifications about the progress of your application through this email address.
There are many different visa types for tourists who want to live in Thailand, but the long-term residency (LTR) visa is one of the most popular options. It offers a wide range of benefits, including a 10-year visa, no 90-day reports, airport fast track service, and multiple re-entry permission.
Requirements
Depending on your country of citizenship and the preferences of the embassy or consulate you apply through, there are several requirements that must be met to qualify for a Thailand long stay visa. Generally, you need to prove that you have enough money to support yourself while living in Thailand or health insurance coverage that will cover your stay.
If you want to apply for the Non-immigrant O-X visa, which allows you to stay in Thailand for five years, you must meet one of these two requirements: a bank deposit of at least 3 million baht or income of at least 1.8 million a year. In addition, you must have a Thai health insurance policy that covers your stay in the country.
The high-skilled professional visa is another option that can lead to permanent residency if you meet the qualifications. These include personal annual income of at least $80,000 or a work contract with a company that has received series A funding.
Fees
A Thailand long stay visa is a dream for high-net-worth individuals and highly-skilled professionals looking to make the Land of Smiles their permanent home. This new visa will allow them to live in Thailand for a decade, without having to worry about yearly renewals or working restrictions.
This new visa will be available for foreigners who have a high income and possess certain qualifications, including a health insurance policy that covers medical expenses in the Kingdom, social security rights, or deposits in domestic or overseas accounts of at least USD 100,000. It is expected to help stimulate the economy and attract foreign investment in the country.
If you meet the requirements, you can apply for a visa at your nearest Thai embassy or consulate. You will have to pay a visa fee, which varies depending on where you are from and how many entries you want. You can also contact a visa application agency, which will help you through the process.
Time Frame
Many people come to Thailand intending to retire, and the country offers a 10 year long term residency visa program to help make this possible. However, to qualify for this special visa you must meet a certain set of requirements.
These include having a passport that is valid for at least another six months and has a minimum of two blank visa pages, having a return travel ticket to prove that you will leave the country when your visa expires, having enough money in your bank account to cover your expenses during your stay in Thailand, and having Thai health insurance with coverage for outpatient treatment up to 400,000 baht per year.
In addition, it is important to remember that Thailand observes some international and religious holidays, and the immigration offices will not be open on those days. This can add a couple of weeks to the processing time for your Thailand long stay visa.
