Best Residence by Investment Lawyers in Thawi Watthana

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

We haven't listed any Residence by Investment lawyers in Thawi Watthana, Thailand yet...

But you can share your requirements with us, and we will help you find the right lawyer for your needs in Thawi Watthana

Find a Lawyer in Thawi Watthana
AS SEEN ON

About Residence by Investment Law in Thawi Watthana, Thailand

Thailand does not have a classic golden visa that grants automatic permanent residence through a single investment. Instead, Thailand offers several immigration pathways that can support medium to long-term residence when combined with investment, business operations, or qualifying income. In Thawi Watthana, a district in western Bangkok, applicants follow national Thai immigration and property rules, with practical processing handled at Bangkok-area government offices.

The most investment-relevant options include the Long-Term Resident Visa known as LTR for eligible high net worth individuals, retirees with qualifying income, remote professionals, and highly skilled professionals, the Thailand Privilege program often called the Elite Visa which is a paid membership that confers long-term stay privileges, Board of Investment promoted business structures that facilitate visas and work permits for investors and executives, and company-based Non-Immigrant B visas for entrepreneurs. Property acquisition can complement these routes, but purchasing real estate alone does not grant a visa in Thailand.

Foreign ownership rules are strict. Foreigners can own freehold condominium units subject to quotas and foreign exchange requirements, but generally cannot own land in Thailand. Long leases and properly structured BOI-promoted investments are common alternatives. Because immigration, corporate, tax, and property laws intersect, professional legal guidance is important to plan a compliant and efficient path.

Why You May Need a Lawyer

You may need a lawyer to evaluate which Thai immigration route best fits your goals, such as whether the LTR, Thailand Privilege, SMART Visa, BOI promotion, or a company-based Non-Immigrant B visa is most suitable based on your income, assets, profession, and family needs. A lawyer can translate policy criteria into a practical eligibility roadmap and help you avoid costly missteps.

Legal help is valuable for conducting due diligence on real estate in Thawi Watthana and nearby areas, including title searches on chanote deeds, checks on the condominium foreign ownership quota, developer licenses, building permits, and common area liabilities. A lawyer can draft or review purchase agreements, negotiate terms, manage escrow, and coordinate transfer taxes and Land Office filings.

Investors forming or acquiring Thai companies need advice under the Foreign Business Act, anti-nominee rules, and any Board of Investment privileges. Lawyers prepare compliant shareholding structures, articles, shareholder agreements, and handle foreign business licenses when needed.

For LTR or Thailand Privilege applications, counsel can prepare evidence of assets, income, and insurance, coordinate with the One Stop Service Center, and manage dependent applications. For BOI and work permits, counsel liaises with authorities, prepares employment contracts, and ensures labor law compliance.

Tax planning is critical before you become a Thai tax resident. Lawyers and tax advisors can brief you on Thai personal income tax, recent changes to taxation of foreign-sourced income for residents, double tax agreements, and the special 17 percent rate available to certain LTR highly skilled professionals. Coordinated advice helps optimize remittances, investment structuring, and ongoing filings.

Local Laws Overview

Immigration framework. The LTR visa offers up to 10 years of stay issued as an initial 5-year permission extendable for another 5 years, with benefits such as a multiple entry visa, annual reporting instead of 90-day reporting for LTR holders, a digital work permit for eligible categories, and family coverage for a spouse and up to four dependents subject to criteria. Key LTR categories include wealthy global citizen requiring at least USD 1 million in assets and at least USD 500,000 invested in Thai government bonds, FDI, or real estate with qualifying income and insurance, wealthy pensioner age 50 plus with at least USD 80,000 annual passive income or USD 40,000 to 80,000 plus at least USD 250,000 investment, work-from-Thailand professionals with qualifying income and employer credentials, and highly skilled professionals in targeted industries with a potential 17 percent personal income tax rate on employment income. Documentation of income, assets, health insurance, and clean criminal record are typically required.

Thailand Privilege program. This is a paid membership administered by a state enterprise that grants a long-term multiple entry visa and concierge benefits for a fee. Membership tiers range from 5 to 20 years. It does not grant permanent residence or work authorization by itself, and it is not an investment in the legal sense, but it is commonly used by long-stay visitors and some investors.

Company and BOI routes. Investors can establish a Thai company to carry on business, apply for a Non-Immigrant B visa and work permit, and if eligible seek BOI promotion that can relax foreign ownership restrictions and streamline visas and work permits for executives and specialists. The Foreign Business Act restricts many service businesses for majority foreign ownership unless BOI-promoted or licensed. Using Thai nominee shareholders to circumvent restrictions is illegal.

Property and land in Thawi Watthana. Foreigners can own freehold condominium units, subject to the 49 percent foreign quota in a building and foreign currency remittance requirements evidenced by a Foreign Exchange Transaction form. Foreigners generally cannot own land. Long-term leases up to 30 years with renewal options, superficies, or usufruct rights are common alternatives. There are narrow and rarely used exceptions to land ownership such as BOI approvals and certain high-investment regimes. A property purchase does not automatically provide any immigration status.

Registrations and offices. Bangkok Immigration Division 1 at the Government Complex in Chaeng Watthana handles most visa matters for residents of Thawi Watthana. LTR visa processing and digital work permits are handled at the One Stop Service Center administered with the Board of Investment at Chamchuri Square. Real estate transfers for properties in Thawi Watthana are typically handled by the Bangkok Land Office branch that covers Taling Chan and Thawi Watthana. Landlords must file TM30 address reports for foreign tenants. Most non-LTR foreigners must file 90-day reports of stay.

Taxes and residency. An individual becomes a Thai tax resident if present in Thailand for 180 days or more in a tax year. Thai tax rules on foreign-sourced income for tax residents have recently evolved, so timing and character of foreign income and remittances should be reviewed before arrival. The LTR highly skilled professional category may benefit from a 17 percent personal income tax rate on employment income with qualifying employers in targeted industries. Real estate transfers involve a 2 percent transfer fee on appraised value, and either specific business tax plus local tax or stamp duty, as well as withholding tax. Exact assessments depend on seller status and holding period.

Frequently Asked Questions

What is the closest thing to a residence by investment program in Thailand?

Thailand offers the Long-Term Resident Visa and the Thailand Privilege program. The LTR has defined categories for wealthy individuals, retirees, remote professionals, and highly skilled professionals, some of which require qualifying investments in Thai bonds, FDI, or real estate. Thailand Privilege grants long-stay rights through a membership fee. Neither grants automatic permanent residence or citizenship.

Can buying a condominium in Thawi Watthana give me a visa?

No. Purchasing a condo does not by itself give you a visa or right to work. It can help satisfy the investment component in certain LTR categories, but you still must meet all other LTR criteria and be approved. Many buyers pair a condo purchase with an LTR, Thailand Privilege membership, or a retiree or business visa route.

Can foreigners own land in Thailand?

Generally no. Foreigners cannot own land, with very limited exceptions such as BOI approvals and rarely granted high-investment permissions. Common alternatives are 30-year land leases with renewal options, superficies over the land, or owning a condo unit which foreigners can hold freehold subject to the 49 percent quota in each building.

How does the LTR visa work and who qualifies?

The LTR is a 10-year visa issued as 5 plus 5 years for eligible categories. Requirements vary by category and include minimum assets or income, defined investments in Thai government bonds, FDI, or real estate for specific categories, valid health insurance, clean record, and in some cases employer credentials and experience. Family members such as a spouse and up to four dependents may be included if criteria are met. LTR holders can obtain a digital work permit where applicable and benefit from streamlined reporting.

What is the difference between the LTR and Thailand Privilege program?

The LTR is an immigration status with eligibility based on assets, income, investment, and professional criteria, and it can offer work authorization and tax benefits for certain categories. Thailand Privilege is a paid membership that provides a long-term multiple entry visa and services but does not provide work rights or a path to permanent residence. They can serve different needs depending on your profile.

How long does it take to get an LTR or Thailand Privilege visa?

LTR timelines vary but plan several weeks to a few months for assessment, document checks, approval, and visa issuance. Thailand Privilege approvals can be faster once membership is accepted and fees are paid. Timelines depend on document readiness, background checks, and appointment availability at Bangkok offices.

Will I owe Thai tax on foreign income if I reside in Thawi Watthana?

If you are a Thai tax resident defined as spending 180 days or more in Thailand in a tax year, your foreign-sourced income may be taxable in Thailand depending on timing and nature of remittances and evolving Revenue Department guidance. The rules changed recently, so obtain up-to-date tax advice before relocating or remitting funds. LTR highly skilled professionals may access a 17 percent personal income tax rate on qualifying employment income.

Can my family come with me on an investment-related visa?

Yes, in many cases. The LTR permits a spouse and up to four dependents subject to age and relationship requirements. Company-based visas and BOI routes allow dependent visas for spouses and children. Thailand Privilege memberships can include family options depending on the tier. Documentation such as legalized marriage and birth certificates is required.

What real estate due diligence should I do in Thawi Watthana?

Verify condo title and developer rights, ensure the foreign ownership quota has room for your unit, confirm that purchase funds are remitted in foreign currency and recorded on a Foreign Exchange Transaction form for freehold registration, check common area debts and sinking fund status, and review building permits and environmental compliance. For houses or land leases, confirm land title type, boundaries, lessor authority, and any encumbrances at the appropriate Land Office.

Where do I file immigration and property paperwork if I live in Thawi Watthana?

Most visa matters for Bangkok residents are handled at the Immigration Bureau Division 1 located at the Government Complex in Chaeng Watthana. LTR processing and digital work permits are handled at the One Stop Service Center administered with the Board of Investment at Chamchuri Square. Real estate transfers for properties in Thawi Watthana are typically processed at the Bangkok Land Office branch that covers Taling Chan and Thawi Watthana. Your landlord must file TM30 address reporting, and non-LTR foreigners usually must complete 90-day reports.

Additional Resources

Immigration Bureau Division 1, Royal Thai Police, Government Complex in Chaeng Watthana, Bangkok.

Long-Term Resident Visa One Stop Service Center, administered with the Office of the Board of Investment at Chamchuri Square, Bangkok.

Thailand Privilege Card Company Limited, administrator of the Thailand Privilege program.

Board of Investment One Start One Stop Investment Center in Bangkok for BOI applications and investor services.

Bangkok Land Office branch that covers Taling Chan and Thawi Watthana for property title registrations and transfers.

Thawi Watthana District Office for civil registrations and local administrative matters.

Revenue Department of Thailand for personal income tax, withholding tax, and property transfer tax guidance.

Department of Business Development, Ministry of Commerce, for company registration and corporate filings.

Ministry of Labour and the One Stop Service Center for Visa and Work Permit for work authorization processes where applicable.

Condominium Juristic Persons and project management offices for building-specific rules, fees, and due diligence documents.

Next Steps

Clarify your goals. Decide whether you seek long-term living, the ability to work, purely lifestyle stays, or a path that supports future permanent residence. Your objectives help determine whether the LTR, Thailand Privilege, BOI, or company route fits best.

Assess eligibility. Map your income, assets, experience, employer status, age, and family composition against the criteria of each immigration option. Identify any gaps such as health insurance coverage or the need to make a qualifying investment.

Engage a lawyer. Consult a Thai immigration and property lawyer familiar with LTR, BOI, and Bangkok-area procedures. Ask for a document checklist, processing timeline, and an overview of fees and taxes specific to your plan and to Thawi Watthana.

Prepare documentation. Gather passports, police clearances, educational and employment proofs, bank statements, asset evidence, health insurance policies, marriage and birth certificates with proper legalization, and if buying property collect title and project documents for due diligence.

Structure investments and entities. If you will invest in Thai bonds, FDI, or real estate to meet LTR thresholds, plan the transfers and foreign exchange documentation carefully. If forming a company, ensure the shareholding and business scope comply with the Foreign Business Act or obtain BOI promotion when appropriate.

File applications and attend appointments. Submit pre-approval applications online where available, then attend in-person appointments at the relevant Bangkok offices for biometrics, visa issuance, and work permit processing.

Close property transactions correctly. For condos, ensure foreign currency remittance proof is in order, contracts are vetted, and transfer taxes are budgeted. For leases or houses, confirm all land office filings are complete and that rights such as superficies or usufruct are properly registered.

Maintain compliance. Keep up with 90-day or annual reporting obligations, TM30 address reporting, visa renewals or extensions, work permit conditions, and tax filings. Retain copies of all receipts, approvals, and remittance records in case of audit.

Review annually. Laws and policies evolve. Have your lawyer and tax advisor review your status each year and ahead of any major transactions or remittances to ensure continuing compliance and optimal structuring.

This guide is a general overview. Individual situations vary, and Thai regulations change. Seek tailored legal advice before making investment or immigration decisions in Thawi Watthana.

Lawzana helps you find the best lawyers and law firms in Thawi Watthana through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Residence by Investment, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Thawi Watthana, Thailand - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.