Thailand Long Term Visas and Application

Thailand Long Term Visas and Application

Thailand Long Term Visas and Application

Residence by Investment Overview      

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Siam Real Estate in association with Henley & Partners who are the global leaders in citizenship by investment are now offering long term visas for Thailand.       

          

investment

Investment

Thailand Privilege Residence Program: Minimum application fee of THB 900,000 (approximately USD 25,000)

Long Term Residence Program: Government application fee of THB 50,000 (approximately USD 1,500)

 

processing

Processing time

Two–three months

 

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Key benefit

Long-term residence permit, with privileged treatment in Thailand.

 

Thailand Privilege Residence Program

The Thailand Privilege Card Company Limited (TPC) offers the Thailand Privilege Residence Program, allowing applicants to live in Thailand for up to 20 years with access to exclusive services and benefits.

Long Term Residence Program

The Thailand Board of Investment (BOI) offers the Long Term Residence Program, which grants individuals the ability to live and work in Thailand for up to 10 years, featuring streamlined administrative processes and attractive tax benefits.

Residence in Thailand

Thailand is an increasingly attractive destination for travelers and professionals, thanks to its rich cultural history and affordable, high standard of living. It offers a variety of residence options through the Thailand Privilege Residence and Long Term Residence Programs.

Benefits of Thai Residence by Investment

- Long-term residence permit with privileged treatment 
- No minimum stay requirement 
- Attractive tax benefits and exemptions 
- Efficient application processes with TPC or BOI 
- Low-cost, high standard of living 
- Ability to include a spouse and dependents 
- Elite service for immigration processes

Thailand Privilege Residence Program

The Thailand Privilege Residence Program offers foreign nationals the opportunity to live in Thailand for up to 20 years with complimentary VIP services and benefits. There are four program options:

1. **Gold Card**: Five-year privilege entry visa for THB 900,000 (approx. USD 25,000). 20 points per year to redeem services. Dependents cannot be included. 
2. **Platinum Card**: Ten-year privilege entry visa for THB 1.5 million (approx. USD 42,000) and THB 1 million (approx. USD 28,000) per dependent. 35 points per year for services. 
3. **Diamond Card**: Fifteen-year privilege entry visa for THB 2.5 million (approx. USD 70,000) and THB 1.5 million (approx. USD 42,000) per dependent. 55 points per year for services. 
4. **Reserve Card (Invitation Only)**: Twenty-year privilege entry visa for THB 5 million (approx. USD 140,000) and THB 2 million (approx. USD 55,000) per dependent. 120 points per year for services.

An application fee of THB 50,000 is required, which is deducted from the total program fee upon approval.

Procedures and Time Frame

Approved applicants must notify TPC seven days in advance for visa affixation at the airport or the Immigration Bureau in Bangkok. The initial steps involve due diligence, signing a client agreement, paying a retainer, and submitting the application with a THB 50,000 fee. The approval process takes two to three months, and the residence visa is issued within two weeks after fee confirmation.

For online applications, contact: [email protected], +66 (0) 76 383 646.

Partners website: https://www.henleyglobal.com/residence-investment/thailand

Long Term Residence Program

The Long Term Residence Program offers up to ten years of residence (five-year visa with a five-year renewal), reduced administrative requirements, and attractive tax benefits. There are four categories:

1. **Wealthy Global Citizen**: USD 1 million in assets, USD 80,000 annual income, and USD 500,000 investment in Thailand. 
2. **Wealthy Pensioner**: USD 80,000 annual pension or income. If income is USD 40,000-80,000, an additional USD 250,000 investment in Thailand is required. 
3. **Work from Thailand Professional**: USD 80,000 annual income, or USD 40,000-80,000 income with a Master's degree, intellectual property, or Series A funding. The company must meet specific revenue criteria. 
4. **Highly Skilled Professional**: USD 80,000 annual income, or USD 40,000-80,000 income with a Master's degree in science and technology or relevant expertise.

Up to four dependents, including a spouse and children under 20, can be included.

Procedures and Time Frame

After initial due diligence, clients sign an agreement, pay a retainer, and submit the application. Approval takes four to six weeks. Visa affixation occurs at a Thai Embassy or One Stop Service in Bangkok.

Dual Citizenship in Thailand

Residence permits from these programs do not lead to permanent residency or citizenship, but there are pathways for eligible individuals. Permanent residency applicants must hold a Thai non-immigrant visa for at least three years. Citizenship applications can be made after 10 years of permanent residency. Note that Thailand does not generally recognize dual citizenship, with some exceptions.

Author: Patrick Lusted

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