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Thailand Real Estate Investment Long Stay Visa (LSV): Complete Guide to the 3 Million Baht Property Visa

Home Property
June 9, 2026
in Property, Thailand, Visa & Immigration
Reading Time: 5 mins read
Tags: long-stay visaLSVproperty investmentretirement visaThailand visa

On February 1, 2026, the Thailand Immigration Bureau and Tourism Authority jointly launched the latest real estate investment Long Stay Visa (LSV), classified as a Non-Immigrant “B” (Investment) visa.

Simply by purchasing property or renting for at least 3 million Thai Baht in Thailand, you can qualify to apply for long-term stay. The initial application grants a 3-month stay, with extensions providing 12-month long-term stays, multiple entries, annual renewals, and the ability to bring family members. This visa is not a permanent residence or citizenship program, but rather a stable, sustainable long-term stay status for foreigners through qualifying real estate investment.

This long-term stay visa is especially suitable for individuals who already own or plan to buy property in Thailand, allowing them to legally reside long-term while significantly reducing the cost and uncertainty of frequently applying for short-term visas and managing stays.

A New Way to Stay Long-Term in Thailand

Compared to the 10-year Long-Term Resident (LTR) Visa, which requires assets and professional background; the Destination Thailand Visa (DTV), which offers flexibility for remote workers; and the Thailand Elite Visa, which provides entry/exit convenience through membership fees, the new LSV (Long Stay Visa) offers a completely new logic: it is no longer centered on proof of wealth, income, work status, or membership fees, but directly uses “physical property investment” as the basis for stay.

This makes the program more intuitive to understand and more predictable to execute. For those already planning to buy property in Thailand, this is not an additional visa hurdle, but rather a way to convert the property investment they would make anyway into a means of obtaining long-term stay permission. Compared to other visa types, its qualification criteria are simpler, the threshold is lower, and it is more aligned with long-term living needs centered on “lifestyle and asset allocation.”

Application Requirements and Required Documents

Application Requirements

Applicants must complete a real estate investment that meets the monetary threshold and document verification requirements. This can be done in one of the following ways:

Freehold

  • Single unit transaction price not less than 3 million Thai Baht (approx. USD 95,000 / HKD 740,000 / TWD 3,000,000, actual amount subject to exchange rate fluctuations)

Leasehold

  • Lease term not less than 3 years
  • Total lease value not less than 3.06 million Thai Baht

Rental (For reference only; this option has not yet been implemented as of the publication date)

  • Monthly rent requirement ≥ 85,000 Thai Baht/month
  • Prepaid rent ≥ 3 months

Required Documents

Main Applicant Basic Documents

  • Applicant information
  • Property purchase/lease agreement
  • Title Deed

Family Member Dependent Application Documents

Immediate family members who can apply with the main applicant include:

  • Spouse (legally married and living together)
  • Children (biological/adopted/stepchildren; unmarried; under 20 years old)
  • Parents (father or mother of the applicant; aged 50 or above)

Must submit:

  • Family member information
  • Proof of relationship

Stay Duration and Fees

Stay Duration

This visa follows a two-stage process: “temporary first, long-term later”:

  • Initial Approval: First granted a 3-month temporary visa
  • Within 3 months: Submit an extension application
  • After Extension Approval: Obtain a 12-month long-term stay
  • Each subsequent year: 12 months
  • Can be renewed annually, no need to frequently exit the country to reapply for a visa

Fees

  • Visa application fee: 27,000 Thai Baht/year (approx. USD 850 / HKD 6,700 / TWD 27,000, actual amount subject to exchange rate fluctuations)

Summary

This new property investment visa directly converts “home buying” into a long-term stay credential, making it more intuitive to understand and execute than traditional visa paths. Compared to other options centered on assets, income, work status, or membership fees, it uses verifiable real estate as its foundation, reducing the complexity of qualification assessment while maintaining a stable, legal, and renewable long-term stay arrangement. For individuals or families looking to reduce visa management costs and establish a long-term life foundation in Thailand, this is a lower-threshold, clearer, and highly lifestyle-aligned long-term stay path.

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