There will be many privileges for LTR visa holders that will make living in Thailand long term easier and less bureaucratic. These privileges include:
|➤ Discounted personal income tax rate: (17% Personal income tax for High-skilled professionals)|
|➤ 10 years renewable visa Permission to work in Thailand (Digital Work permit)|
|➤ Removal of the requirement for employers to hire four Thai citizens per foreigner|
|➤ Fast track at international airports in Thailand|
|➤ 1 year reporting to Immigration instead of 90 days (90-day report extended and exemption of re-entry permit)|
|➤ Overall ease of regulations concerning foreign residents|
The LTR Visa program makes the process of hiring foreigners easier and the foreign experts hired will strengthen the private business sector of Thailand.
1. Register and submit an application for LTR Visa qualifying endorsement and accompanying documentation online.
2. Applicants will be notified of the outcome within 20 working days of receiving complete documentation.
3. Qualified candidates may apply for LTR Visa issuance at Royal Thai Embassies/Royal Thai Consulate Generals overseas or Immigration offices in Thailand within 60 days of the endorsement letter’s issuing date. The 10-year visa with multiple entrance costs 50,000 Baht per person to complete.
4. Applicants working in Thailand can get digital work permits from the Department of Employment at the One Stop Service Center for Visa and Work Permit, Chamchuri Square Building, Bangkok, or through provincial labor offices.