The provided text discusses the Thailand Long-Term Resident (LTR) Visa, highlighting recent changes to its eligibility requirements that make it more accessible.
The Visa, introduced in 2022, has seen a majority of applicants from Europe, followed by the United States. The revisions primarily target wealthy global citizens, work-from-Thailand professionals, and highly skilled professionals, with adjustments made to income, company revenue, and work experience criteria.
The visa offers perks such as exemptions on foreign-sourced income and relaxed reporting requirements. Four categories exist for application: wealthy global citizens, wealthy pensioners, highly skilled professionals, and work from Thailand professionals, each with specific financial and professional requirements.
The author believes the changes are positive but suggests a further reduction in the investment requirement for wealthy global citizens could attract even more applicants.
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