Which visa to choose for living or investing in Thailand?

Buying property in Thailand does not automatically grant the right to a long-stay visa. If you plan to live there or manage an investment, it is essential to choose a visa adapted to your situation.

Here’s an overview of the main visas available for foreigners who wish to settle or invest in Thailand.

Tourist Visa (TR or Visa Exemption)

This is the basic visa for temporary stays.

• Duration: 30 to 60 days (renewable once).

• Purpose: holidays, property scouting, short stays.

• ❌ Not suitable for long-term living or investing.

Retirement Visa (O or OA)

Intended for people over 50 years old, this visa is popular among retired expatriates.

• Duration: 1 year (renewable).

• Conditions:

  • Monthly income of about 65,000 THB, or

  • Bank deposit of minimum 800,000 THB.

• ❌ Prohibition to work.

✅ Interesting if you want to buy a condo to live peacefully.

Elite Visa (Thailand Elite)

This premium visa offers simplified and quick access, with several advantages.

• Duration: from 5 to 20 years.

• Price: starting from 600,000 THB.

• Benefits:

  • VIP welcome at the airport,

  • Assistance in opening an account, obtaining a driving license, etc.

  • No proof of income required.

✅ Ideal for wealthy investors or affluent nomads who want a hassle-free visa.

Business Visa (B) and Work Permit

If you want to create a business or buy through a company, this visa is the most suitable.

• Requires a work permit issued by your company in Thailand.

• The company must have a minimum capital and employ Thai workers.

• You can earn income legally.

✅ This is the recommended visa for those who buy through a business structure (e.g., hotel, coworking space, seasonal rental).

Investor Visa (Non-Immigrant IB or BOI)

Granted to foreigners who invest in sectors supported by the government (via the BOI – Board of Investment).

• Investment conditions: starting from 10 million THB.

• Often allows owning 100% of a company’s shares.

✅ Ideal if you want to invest in industrial or strategic projects.

Student Visa (ED)

You can obtain a long-term visa by enrolling in a Thai language school, cooking school, or local university.

• Duration: 6 to 12 months (renewable).

• Can be a good stepping stone to gradually settle in.

❌ Not allowed to work.

Conclusion: The visa, a key element of your project

Your choice of visa depends on your age, budget, real estate project, and the duration of your stay. It is essential to be well-informed, or even consult an immigration specialist or a lawyer to ensure the best option.