Thailand is a sought-after destination in Southeast Asia. The country offers an affordable and high standard of living. Its attractions include spectacular ancient ruins, scuba-diving sites, tropical islands, an exciting nightlife, palaces, Buddhist temples, and several UNESCO World Heritage Sites.
The Thailand Privilege Card Company Limited (TPC) offers the Thailand Privilege Residence Program which grants applicants the right to live in the country for up to 20 years and access privileged services and benefits.
The Thailand Board of Investment (BOI) offers the Long Term Residence Program which allows individuals to live and work in Thailand for up to 10 years with reduced administrative requirements and attractive tax benefits.
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)
Two–three months
Long-term residence permit, with privileged treatment in Thailand
Thailand, with its rich cultural history and affordable yet exceptionally high standard of living, is increasingly drawing the interest of travelers and professionals, positioning itself as an appealing destination, even for those seeking a second home. The country offers a wide range of residence options through its Thailand Privilege Residence and the Long Term Residence Programs.
The Thailand Privilege Residence Program offers foreign nationals the opportunity to live in Thailand for up to 20 years and access complimentary VIP services and benefits.
There are four different program options, each varying in validity, the number of points allocated, and cost:
An application fee of THB 50,000 is payable upon submission of the application. Upon approval, this fee is deducted from the total amount of the chosen program option.
Dependents may include legitimate parents, stepparents, a spouse (including by civil union), children, and stepchildren.
TPC has an efficient application process. Approved applicants and dependents must inform TPC seven days in advance of their request to have the visa affixed upon their arrival at the airport under normal travel conditions or at the Immigration Bureau in Bangkok.
The first step after the prospective client has contacted Henley & Partners is the completion of the initial due diligence checks. Thereafter, the client agreement can be signed, and the retainer can be paid. The application for Thai residence can then be prepared and submitted for processing upon payment of the THB 50,000 application fee. After the application is approved following a two–three-month process, the successful applicant can make the contribution. The residence visa can be issued within two weeks after TPC has confirmed receipt of the full application fee. Finally, the welcome letter will be received by the client and an appointment can be made for visa affixation.
To complete an online application, please visit www.henleypartners-thailandprivilegecard.com/en
The Long Term Residence Program offers individuals the opportunity to live and work in Thailand for up to ten years (five-year visa and a built-in renewal for a further five years), with reduced administrative requirements and attractive tax benefits.
There are four different categories available under this program, each varying in requirements:
Up to four dependents, including a spouse and children or stepchildren under the age of 20, can be included.
This program is offered by the BOI has an efficient application process and provides special support to LTR applicants through a dedicated immigration office, the One Stop Service Immigration Office in Bangkok.
The first step after the prospective client has contacted Henley & Partners is the completion of the initial due diligence checks. Thereafter, the client agreement can be signed, and the retainer can be paid. The application for Long Term Thai residence can then be prepared and submitted for processing upon payment of the retainer fee. After the application is approved, following a four–six week process, an appointment can be made at a Thai Embassy or One Stop Service in Bangkok for the payment of the government fee and visa affixation.
While the residence permits obtained through the Thailand Privilege Residence and the Long Term Residence Programs do not lead to permanent residency or citizenship, there are pathways to permanent residency and citizenship available for eligible individuals.
In order to apply to become a Thai permanent resident, applicants must have had a Thai non-immigrant visa for at least three years prior to the submission of the application and must have three consecutive yearly extensions in order to qualify. The applicant must also be a holder of a non-immigrant visa at the time of submitting the permanent residence application.
An application for citizenship can be filed to become a Thai naturalized citizen after holding permanent resident status in Thailand for 10 consecutive years. Thailand does not recognize dual citizenship, but there are exceptions.
Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.
Have one of our qualified advisors contact you today.
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