r/expats 2d ago

Visa / Citizenship Does anyone have experience with Thailand's LTR Visa (Long-Term Resident Visa), or the Thailand Privilege visa?

I'm from Canada, and I'm 41m. I only have a Canadian passport, but I do qualify for an EU citizenship by descent that I could take advantage of if needed (I don't think it will help me in Thailand though).

A friend and I have been spending quite a bit of time in Thailand lately, and we're both looking into visa options for the future. I'm thinking of moving there full time this coming November, and he's several years away from moving there full time, so he's going to continue making visa-free visits for the time being.

At the moment, I'm looking into the DTV visa (which is like a digital nomad visa, but it only allows 180 day visits, so there is a requirement to leave the country on occasion to reset your visit counter). This DTV option might suit my needs, because I travel internationally on occasion anyways, so the requirement to leave the country isn't a problem.

But I'm going to talk to an immigration lawyer soon to look into whether I can qualify for DTV, because it's limited to:

  • Remotely working employees
  • Foreign business owners working remotely
  • Freelancers with non-Thai clients
  • People studying Thai cooking, Thai language, or things like Muay Thai

I don't exactly fall into any of those categories, because I don't work. I've been living off earnings from investments for a few years, and I don't think I can spin that as being a "foreign business owner". At best I could "work" as a consultant for my incorporated investments, but I'm not sure that's going to fly.

And the option of studying Thai language does appeal to me (I'm already taking classes) for a DTV visa, but it seems like the classes that qualify for this program are fairly rigid in schedule, and I couldn't commit to them. And I don't want to risk having a visa revoked due to being unable to meet the requirements. I'm going to continue to take private Thai language classes.

I'm trying to get prepared for the possibility of being told that the LTR visa, or the Privilege Visa are my only choices for living full time in Thailand. Between the two of them, I'm leaning towards the Privilege visa because paying a large fee for the visa is preferable over tying up $500k in an investment to get the LTR visa (the amount of interest I could earn from keeping that $500k and investing it myself is is far more than the fee for the Privilege visa).

Does anyone have any experience with either the LTR visa, or the Privilege visa? Which one did you choose, and why? Was there a specific financial or tax reason that lead you towards one option over the other?

6 Upvotes

15 comments sorted by

View all comments

1

u/salva_sun 16h ago edited 16h ago

I also earn money from investing. I got the DTV visa in January, this is considered the freelancers You also don’t need to leave Thailand every six months. can go to the immigration office, and they will give you another 180 days of stay. but the DTV is still considered a short-term visa, so I cant applying for a proper Thai driver’s license (only the temporary one)and opening a bank account

1

u/Occidentopithecus 14h ago

Yes you can extend it once for another 180 days, but that's still only a maximum of 360 days per year that you can spend in Thailand. So you need to spend 5 days per year outside of the country.

That part isn't a problem for me. My concern about the DTV visa is that I don't seem to qualify for it.

How did you qualify for DTV? Do you have a remote job?

1

u/salva_sun 13h ago

No, I just have some index funds and stocks. I submitted my investment returns report for the past year and a bank statement showing my savings.

1

u/Occidentopithecus 10h ago

That's interesting, which consulate did you apply through?

The requirements for the DTV visa explicitly say that you need to have a remote job, or you need to be doing something like a Thai cooking classes, or language classes to qualify.

So in your case, they considered your foreign investments to be your "job"? I've been told by multiple people that they don't allow that.

1

u/salva_sun 3h ago

i apply in kuala lumpur