What are my options for long-term visas in Thailand, and are they renewable after their term?

Visa Options O-X Visa LTR Visa Long-Term Stay Thailand Immigration Visa Renewal Process Investment Visa BOI Visa Real Estate Ownership in Thailand

Sep 2, 2023

a year ago

Anup **********

ORIGINAL POSTER

Hello beautiful people! I am a Canadian citizen who is interested in living in Thailand for the long term. I am seeking advice on my visa options.

I am approaching 50 years of age, so it opens up the O-X visa option. My question about this visa is, it is renewable after 10 years? Or do I have to plan for some other visa type after the 10 years (2 increments of 5 years) on this visa?

Similar question for the LTR visa option. I would qualify for wealthy global citizen options ($1m net worth, $80/year income for 2 years, $500k in investment in property). Is the LTR visa renewable after 10 years (2 increments of 5 years)?

Basically, I want to own real estate in Thailand and call it my long-term home. The elite visa is a chunk of money but if that's the best option for long-term stay, I would use it as the last resort.

Thank you for your time

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TLDR : Answer Summary

A Canadian citizen seeking long-term residency in Thailand is inquiring about visa options, particularly the O-X and LTR visas, and their renewable status after 10 years. Comments suggest that no Thai visa is renewable; instead, extensions are treated as new applications. The LTR visa requires reapplication after 5 years to verify continued eligibility. Additionally, a BOI investment visa is recommended due to its potential financial benefits, which requires a significant investment in Thailand. Lastly, advice is given to spend some time in Thailand before making long-term commitments.

LONG TERM RESIDENT (LTR) VISA RESOURCES / SERVICES

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Alistair ********

Try Mexico instead.

a year ago

Henrik *****

Take it slow.

Start by staying some months in Thailand, to experience if the dream is still a dream, when the everyday life kick in.

a year ago

Kool *******

With your level of wealth there is a whole other option, the actual investment visa through the BOI. It takes at least bt10million in approved financial instruments in Thailand, and they don't want you to lose money. Before covid they included approved condos as part, or all, of the bt10million minimum investment. This would be your best option, and it is a good low risk investment you can make money at, as long as you don't put all your eggs in one basket. Get ahold of the BOI, board of investment.

a year ago

Anup **********

ORIGINAL POSTER

Thanks for your reply. I have sent an email to BOI with a general inquiry. I am intrigued by the "approved condo" investments you have mentioned, but I couldn't find any information about that online. Please share any links or any other information you might have on that option. Thanks again!

a year ago

Kool *******

@Anup *********

you'd come under the Smart Visa program under the "I", investor, category.

a year ago

Anup **********

ORIGINAL POSTER

@Kool ******

Thanks, I am going to read up about that option more.

a year ago

Reply to

Anup **********

Paul **************

@Kool ******

I might be wrong but don't you have to prove every year that one is still eligible to get a new yearly extension?

a year ago

Kool *******

@Paul *************

it is very easy. You just maintain your original investment balance.

a year ago

Reply to

Kool *******

Brandon ************

You can't ever renew any kind of Thai visa.

Visas have extensions which are new applications not renewals.

For LTR you have to do the entire application process over again at 5 years to show you still qualify and get your 2nd half.

After 10 year, if the program still exists, you would apply all over again. Your previous status isn't a factor as you're filing a new application.

a year ago

Jo **********

@Brandon ***********

for the LTR after 5 years my understanding is that if your job is unchanged you will just need to confirm that

a year ago

Brandon ************

@Jo *********

I was told have to do the entire application again, just don't have to pay.

a year ago

Jo **********

@Brandon ***********

they probably are not sure, but it’s 4.5 years away so I won’t think about too much