How long does the Thailand digital nomad visa last?

The Thailand Long-Term Resident (LTR) Visa, which is the closest thing to a digital nomad visa, is valid for an initial period of 5 years and is renewable for another 5 years, allowing for a total stay of up to 10 years. This 5-year initial period beats out most other digital nomad visas globally. For example, Spain's digital nomad visa is initially for 1 year, extendable up to 5 years, and Portugal's D7 visa is similar. Thailand's LTR offers a much longer initial commitment. To qualify as a "Wealthy Global Citizen" under the LTR program, you need to show at least $80,000 in income over the past two years and $1 million in assets. For "Work-From-Thailand Professionals," you need $80,000 income over two years, or $40,000 if you have a Master's degree or IP. The application fee is 50,000 Thai Baht (roughly $1,400 USD). This visa also offers a reduced personal income tax rate of 17% for income earned in Thailand, which is a significant perk compared to standard progressive rates up to 35%. So, if you meet the financial requirements, Thailand’s LTR visa provides a remarkably stable and long-term option for living and working remotely in the country.