Regime Rate
17%
flat rate for qualifying LTR visa holders
Standard Top Rate
35%
without this regime
Duration
10 years
renewable, 4 subcategories
Target Profile
HNW & skilled expats
Thailand
Tax Savings Illustration
Example: €150,000 Annual Gross Income
Under Thailand LTR
€25,500
Standard Rate
€52,500
Annual Saving
€27,000
Eligibility Requirements
Who qualifies?
- Wealthy Global Citizen: USD 1M+ assets OR USD 80,000/year passive income + USD 500k investment
- Wealthy Pensioner: USD 80,000/year pension income (age 50+)
- Work-from-Thailand Professional: USD 80,000/year income + work for foreign company
- Highly Skilled Professional: work for Thai BOI company or Thai government project
- Health insurance covering Thailand: minimum USD 50,000 coverage
How the Regime Works
Full details
The LTR Visa (launched 2022) grants a 10-year multiple-entry non-immigrant visa. The flat 17% PIT rate applies to qualifying LTR holders in work-related categories. From January 2024, foreign income remitted to Thailand in any year is taxable. However, the LTR's 80% expense deduction + 17% flat rate can still result in very low effective tax. An 'Overseas Income Exemption' may apply to certain passive foreign income under BOI promotion.
Regime vs Standard Rates in Thailand
| Tax Type | Standard Rate | Under This Regime | Saving |
|---|---|---|---|
| Income Tax (LTR employment) | Up to 35% | 17% flat | ~€27k saving on €150k |
| Income Tax (standard) | 5–35% progressive | 5–35% | Standard for non-LTR income |
| Capital Gains | 0% | 0% | No CGT on shares |
| Corporate Tax | 20% | 20% | Unaffected |
| VAT | 7% | 7% | Unaffected |
Frequently Asked Questions
Who qualifies for the Thailand LTR?
The Thailand LTR is available to high-wealth, high-income, and highly-skilled foreign nationals. Key requirement: wealthy global citizen: usd 1m+ assets or usd 80,000/year passive income + usd 500k investment. The regime lasts 10 years.
How much tax do I save with the Thailand LTR?
On a gross income of €150,000, standard Thailand income tax is approximately €52,500 (35% top rate). Under the Thailand LTR, it is approximately €25,500 — a saving of €27,000/year. Actual saving depends on income composition and individual circumstances.
How do I apply for the Thailand LTR?
Applications for the Thailand LTR are submitted to the Thailand tax authority, typically within the first year of establishing residency. You will need proof of prior non-residency, evidence of qualifying activity or income, and valid residency documentation. A qualified local tax advisor is strongly recommended for the application process.
Other Special Regimes to Compare
Disclaimer: This information is for general guidance only and does not constitute tax advice. Tax laws change frequently. Always consult a qualified tax professional before making residency or tax planning decisions.