Foreigners can live in Thailand for up to 20 years through Thailand’s Elite Residence Program. Thailand offers a Residence by Investment program that allows individuals with significant financial means to obtain a long-term visa and reside in the country for up to 10 years.
This program is intended to appeal to investors and entrepreneurs. It provides various benefits, including the ability to work and conduct business in Thailand, as well as access to healthcare and education.
It requires applicants to invest in government-approved investment options, such as real estate, government bonds, or a Thai company, and meet certain eligibility requirements..
| Capital | Bangkok |
| Official language | Thai |
| Currency | Thai baht |
| Population | Approximately 69 million people |
| Government | Constitutional monarchy |
| Religion | Buddhism is the predominant religion |
| National symbol | The Thai national symbol is the elephant |
| Tourism | Thailand is a popular tourist destination known for its beaches, temples, and cuisine |
Investment options:
Applicants must join the Thailand Elite Program, offered by Thailand Privilege Card Company Limited (TPC) to qualify for the privilege entry visa. The program has seven options, ranging from THB 600,000 to THB 2.14 million, with no minimum stay requirements.
Processing time:
The application process is efficient, with the successful applicant receiving their residence visa within two weeks of the full application fee being paid. It takes around two to three months to complete the entire process.
Travel rights:
One of the primary benefits of the Thailand Elite Residence Program is a long-term, privileged multiple-entry permit, as well as luxury VIP treatment. Complimentary VIP services include a dedicated elite personal assistant on international flights and lounge access. In addition, there is a 24-hour member contact centre, which operates in several languages.
Investment:
The minimum application fee is THB 600,000, approximately USD 19,000, with no annual fee and no age restrictions.
Long-term Thailand residence:
Thailand is becoming an increasingly attractive destination for travellers and professionals, even as a second-home destination. This is due to its rich cultural history, favourable tax regime, and affordable yet exceptionally high standard of living.
Dual citizenship in Thailand:
The residence permit obtained through the Thailand Elite Residence Program does not lead to permanent resident status or citizenship. This is because it is not classified as a non-immigrant visa. However, applicants can apply for citizenship after holding permanent resident status.
FAQ
How much do I need to invest in Thailand to get PR?
Thai PR requires no fixed investment amount. Invest around 10 million baht ($330,000 USD) in a Thai company to show your contribution to the economy.
Can you get Thai residency by buying property?
Buying property alone doesn’t qualify for Thai residency, but it can support your application.
How much money do you need to live in Thailand?
No set amount of money is needed for residency. Eligibility is based on criteria such as a work permit, Thai company investment, marriage to a Thai national, etc.
How can I get permanent residency in Thailand?
You will need to meet the eligibility requirements. You would need to obtain legal advice If you wish to apply for permanent residency in Thailand.
Can a foreigner get residency in Thailand?
Yes, foreigners can obtain permanent residency in Thailand if they meet the criteria.
How long can you stay in Thailand if you own a property?
Owning a property does not extend your stay beyond the visa duration. However, it can support a long-term visa or residency application. The length of stay permitted depends on the type of visa or residency obtained.