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Immigration News Alert
Thailand to Simplify Visa Programs for Foreign Professionals and Investors
Key Points
- Thailand plans to simplify its Long-Term Resident (LTR) Visa and SMART Visa programs to attract foreign professionals and investors
Long-Term Resident Visa in Thailand
Thailand plans to simplify the Long-Term Resident (LTR) Visa and SMART Visa programs to attract foreign professionals and investors. Key changes include:
- Removing the USD 80,000 annual income requirement for “Wealthy Global Citizens” in the LTR Visa program.
- Lowering the revenue threshold for “Work-from-Thailand” employers from USD 150 million to USD 50 million over three years.
- Lifting restrictions on the number of dependents for LTR Visa holders.
- Phasing out overlapping categories in the SMART Visa program, leaving only the SMART-S (Start-up) category.
These changes are expected to take effect in March 2025.
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