For investors with ≥ USD 1M total assets investing ≥ USD 500K in Thailand South Korean passport applicants typically present as นักธุรกิจเกาหลี/ครู K-Pop/นักเรียนใน Bangkok ที่ต้องเตรียมเอกสาร 가족관계증명서 — we run a free pre-screen against the LTR WGC checklist before collecting originals.
Eligibility: Total assets ≥ USD 1M · Personal income ≥ USD 80K/yr (last 2 yrs) · Thai investment ≥ USD 500K (govt bond / FDI / real estate) — every condition is conjunctive; BOI/Immigration grants a single 30-day cure period before final rejection.
Tax & residence benefits: Reduced PIT on foreign-sourced income remitted to Thailand · 17% flat WHT (HSP track) · Free Digital Work Permit — benefits attach from grant date and dependents receive derivative visas simultaneously.
Common pitfall for South Korean passport files: Many applicants pick TGBs maturing too soon (<5 yrs) and get rejected — must hold bonds with ≥5-yr remaining maturity and may not sell during LTR validity — we run gap analysis and prepare fallback document sets to win on first submission.
Typical clientele: HNWI investors / Family offices / Cross-border entrepreneurs seeking Thai tax residency + flexible work rights — often paired with Thailand Elite (family), BOI tax holiday, or DTA optimisation for lowest effective rate.