What are the requirements for High-income Foreign Individuals and Foreign Retirees ?

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Ask Baan Smile   Long Term Resident Visa Thailand - LTR   Answer

If you are a foreigners with high income and a retiress and want to apply for LTR these are the requirments you need :

  • Must present a health insurance policy covering medical expenses in Thailand no less than USD 50,000. The remaining coverage period shall not be less than 10 months on the date of the application, OR provide evidence of savings of at least USD 100,000 held in a Thai or overseas bank account for no less than 12 months before the date of application.
  • High earners must have proof of personal income of at least USD 80,000 annually during the period of 2 years prior to the application date
  • Must have at least 1 million USD in assets
  • Must have an investment of at least USD 500,000 in Thai government bonds, foreign direct investment or Thai property
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