Thailand's cabinet approved changes to its long-term resident (LTR) visa programme to attract skilled professionals, investors, and wealthy foreigners. Key revisions include removing the minimum annual income requirement for wealthy global citizens and lowering the corporate revenue threshold for sponsoring companies to USD50m over three years. LTR visa holders can now bring unlimited dependents, including parents, beyond the previous cap of four, the Board of Investment (BOI) said Wednesday. Eligibility has also been expanded to employees of multinational subsidiaries and professionals in new sectors like disaster management and innovation. Launched in 2022, the LTR visa offers a 10-year residency, tax benefits, and a digital work permit. Over 6,000 applicants have used the programme, with Europeans leading, the BOI noted.