What is a Long-Term Visa in Phuket? & How Does It Work?

When you are someone who loves travelling and has found the perfect destination in Thailand to move to, there are quite a few options like the long-term visa in Phuket to apply for. 

If you want to learn more about the long-term visa in Phuket stick around to find out more!

What is the Long-Term visa in Phuket? 

The long-term visa in Phuket is made to welcome tourists who would like to settle down in Thailand in the long run. It is believed that opening opportunities in Thailand for foreigners would help increase the economic development of the country and bring in revenue. To apply for the long-term visa in Phuket you’ll have to pay a one-time fee of THB 50,000 for a 10-year stay in Thailand. Processing through Andaman Apex can help you speed it up.  

Who is Eligible for an LTR visa?

The long-term visa in Phuket is targeted at four different groups of foreign individuals including:

• High-income foreign individuals
• Foreign retirees
• Foreigners intending to work remotely from Thailand
• Foreign professionals with “special” skills
• The long-term resident visa holder is permitted to bring along up to 4 family members including their legal spouse and children under the age of 20.

This means those who seek a ‘digital nomad’ lifestyle can apply for a long-term visa in Phuket and work legally in Thailand for as long as 10 years if they meet the eligibility criteria.

What are the Requirements for an LTR Visa?

An LTR visa is important as it can help many people who want a digital nomad lifestyle and settle in a country long-term. Thailand has palm-fringed beaches, lush forests, and eco-friendly efforts and is home to a number of wildlife species. If you are someone looking to relocate to Thailand, well then, you should definitely consider applying for a long-term visa in Phuket. Here are the following requirements that you’ll need to consider:

Wealthy Global Citizens

• Must have made at least $80,000 each year for the past 2 years.
• Must have assets worth $1,000,000.
• Need to invest at least $500,000 in Thai government bonds, foreign investments, or property.

Wealthy Pensioners

• Must be 50 years old or older.
• Need a yearly income of $80,000 from passive sources, not work.
• Must invest at least $250,000 in Thai government bonds, foreign investments, or property if income is between $40,000 and $80,000.

Work-From-Thailand Professionals

• Must have earned $80,000 each year for the past 2 years.
• Need 5 years of work experience in the last 10 years.
• Must have a master’s degree or higher, series A funding, or own intellectual property if income is between $40,000 and $80,000.
• An employer must be a public company on the Thai stock exchange or a private company operating for 3 years with $150,000 in revenue in the last 3 years.

Highly-Skilled Professionals

• Must have earned $80,000 each year for the past 2 years.
• Need 5 years of work experience in a specific industry, a PhD in a related field, or work for a Thai government agency.
• Must have a master’s degree or higher in a tech or science field or unique expertise related to the job if income is between $40,000 and $80,000.
• Employers must be in a targeted industry like a Thai government agency or research centre.

How to Apply for an LTR Visa in Thailand?

The application process and requirements may vary depending on the type of long-term visa in Phuket you are applying for.

• Make sure you meet the requirements for the type of LTR visa you want.
• Gather all the papers you need, like your passport and proof of income.
• Complete the visa application form with all your details.
• Submit your form and documents to the Thai embassy, consulate, or immigration office.
• If they ask, answer questions at an interview.
• Pay the visa processing fee.
• Wait for your application to be processed.
• Once approved, you’ll get your LTR visa.
• Use your visa to enter Thailand.
• Register your address with Thai immigration when you arrive.

The Future of the LTR

In its first year, lots of people wanted the Thailand Long-Term Resident (LTR) visa. The Thailand Board of Investment is making it easier for LTR visa holders by improving the process. Thailand’s government wants more foreign money in the country, so they’re likely to keep the program going. With the LTR visa, people can live in Thailand for a long time and enjoy all it has to offer. If you’re thinking about living in Thailand for a while or have questions about the LTR visa, we’re here to help with advice and support.

Frequently Asked Questions