Long-Term Resident Visa
← Back to the full LTR Visa GuideLTR Wealthy Pensioner Visa
For retirees aged 50 and above.
A 10-year Thailand visa run by the Board of Investment: an initial 5-year stay, renewable for a further 5 years if qualifications are maintained.
Requirements
- Aged 50 or over, with at least USD 80,000/year in pension or other passive income at the time of application
- If passive income is USD 40,000–80,000/year: an additional USD 250,000 invested in Thailand in your own name, in Thai government bonds (at least 5 years' remaining maturity), direct investment in Thai-registered companies, or Thai property
- Earned income and salaries are not counted towards the income requirement
Benefits
- Health cover: health insurance of at least USD 50,000 with at least 10 months of cover remaining (travel insurance and life-only policies are not accepted), OR current Thai social security benefits, OR at least USD 100,000 held in your own bank account for 12 months or more
- A 10-year visa (5 years, renewable for another 5)
- Annual reporting instead of the standard 90-day reporting
- Multiple re-entry built in, no separate re-entry permit needed
- Fast-track service at international airports
- Spouse and children under 20 may join as dependants, up to 4 in total
Additional considerations
- Under Royal Decree No. 743, income from overseas employment, business or property earned in a previous tax year and brought into Thailand is exempt from Thai personal income tax, subject to Revenue Department conditions
- You can apply for a work permit through the LTR system if you work for an entity in Thailand
Our process
- 01
Consultation — confirm which of the four categories fits your profile
- 02
Preparation — compile the financial, employment and investment evidence required
- 03
Submission — filed through the BOI's online LTR system
- 04
Endorsement — reviewed by BOI, Immigration and other relevant departments
- 05
Issuance — collected at TIESC, One Bangkok, or the relevant Thai embassy abroad
- 06
Work permit (where applicable) — filed once the LTR visa is issued
Who is this for?
Retirees aged 50+ whose passive income comfortably clears the LTR threshold and who want a 10-year horizon with lighter reporting than the standard Retirement Visa.
Common applicant profiles
- • A retiree with substantial pension, dividend or rental income
- • Someone comparing this against the standard Retirement Visa for its longer term and annual (not 90-day) reporting
- • A retiree who values the LTR's tax treatment on foreign income
Application overview
We verify your passive income and insurance position, compile the evidence BOI requires, and file through the BOI's online LTR system.
Other LTR categories
Not sure Wealthy Pensioner is the right fit? Explore the other LTR categories, see who can join as a dependant, or read the full LTR Visa Guide.
Frequently asked questions
Eligibility criteria checked against the Board of Investment’s official LTR programme page on 28 October 2026. BOI can change its criteria, and every condition must be maintained for the life of the visa.
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Speak with a consultant about Wealthy Pensioner.
Chat with our Thailand-based team on WhatsApp to check your eligibility before any commitment.