Breaking News: Thailand’s 3 Million Baht Property Visa Is Back, Applications Reopen Outside Bangkok

Koh Samui beach from the air with the headline Thailand's 3 Million Baht Property Visa Is Back

Breaking News: Thailand’s 3 Million Baht Property Visa Is Back, Applications Reopen Outside Bangkok

Thailand’s property-linked long-stay visa is back on the cards, and this is fantastic news for international property buyers, investors and anyone dreaming of spending more time in Thailand.

Following a temporary suspension and further review, Thai Longstay Management Co., Ltd. has confirmed that it has resumed accepting new visa applications and extensions for eligible property owners outside Bangkok.

The clarification, issued on 21 October 2026, brings welcome news to property markets including Phuket, Koh Samui and other destinations across Thailand.

For buyers considering investing in Thailand, this could be one of the most interesting developments of the year.

The temporary suspension has been lifted, with one important exception

Earlier this month, I reported on the temporary suspension of Thailand’s property-linked long-stay visa applications. Read my original article: Thailand’s 3 Million Baht Property Visa Suspended.

At the time, the suspension created uncertainty for property buyers, developers and existing visa holders.

Now we have some much-needed clarification.

In its latest communication, Thai Longstay Management confirmed:

“Following further clarification, the temporary suspension no longer applies to applications for clients whose properties are located outside Bangkok.”

This means applications for eligible properties outside Bangkok are being accepted, including applications for extensions of stay.

Bangkok remains the exception.

For Bangkok property owners whose current permission to stay is approaching expiry, the Immigration Bureau may consider a temporary 30-day extension on a case-by-case basis.

Further clarification is expected regarding the applicable policies and procedures.

Why this is such good news for Thailand

I’ve been living in Phuket for around 15 years, and I’ve watched Thailand evolve from predominantly a holiday destination into somewhere international families, retirees, entrepreneurs and investors genuinely want to spend significant parts of their lives.

People aren’t simply coming here for two-week holidays anymore. They’re looking at spending three months, six months or even longer in Thailand each year.

They’re looking for a better lifestyle, beautiful surroundings, international schools, healthcare, restaurants, wellness, and the freedom to enjoy their time. And Thailand has an enormous amount to offer.

One of the biggest challenges has always been finding a practical long-term visa solution. That’s why I believe the return of the property-linked long-stay visa is so important.

It connects two things that naturally go hand in hand: investing in Thailand and having the opportunity to spend more time enjoying the country.

Rather than simply paying for temporary accommodation every time you visit, you can explore purchasing a property that may also support your long-term visa application.

For Thailand, this encourages investment in real estate, supports developers, creates demand for local services and brings people into communities who are likely to spend money throughout the year.

That’s good for property owners, local businesses and the wider Thai economy.

A 3 million baht entry point makes Thailand more accessible

One of the things I particularly like about this programme is the relatively accessible investment threshold.

We’re talking about property investments starting from around 3 million Thai baht, subject to the programme’s eligibility requirements.

Compare that with some of the luxury branded residences I regularly work with, where buyers might spend US$500,000, US$1 million or considerably more.

Not everyone needs or wants to spend that amount.

There are plenty of people who simply want a comfortable condominium, somewhere they can stay when visiting Thailand, and potentially an investment that generates rental income when they’re not using it.

A one- or two-bedroom condominium can make a lot of sense for that type of buyer.

And with the property-linked visa route available again for qualifying investments outside Bangkok, it creates another compelling reason to consider Thailand.

You don’t necessarily have to live in the property full-time

Asa Marsh, Managing Director of Easy Living Phuket, with the quote: You're not simply buying a visa. You're buying a property that could serve several purposes over the years.

This is one of the most interesting aspects of the opportunity.

When people hear about buying property to qualify for a visa, they often assume they must live in that property permanently.

But buyers should also explore the possibility of purchasing a qualifying investment property and renting it out when they’re not using it, subject to the programme’s conditions and applicable rental regulations.

Imagine owning a condominium in Koh Samui or Phuket. You visit Thailand for a few months each year, enjoy the lifestyle, and when you’re not using the property, you arrange for it to be professionally managed and rented out.

That rental income could help offset the ongoing costs of ownership, including management fees, maintenance, insurance and potentially the costs associated with your visa.

In some cases, a well-performing rental investment might generate enough net income to cover those costs.

Of course, rental returns are never guaranteed. Occupancy, management costs, taxation and the property’s location all play a role.

But the opportunity to combine a property investment, potential rental income and a long-term lifestyle plan is something worth exploring.

You’re not simply buying a visa. You’re buying a property that could serve several purposes over the years.

Foreigners can own condominiums freehold in Thailand

Another important point is that foreign buyers can legally own qualifying condominium units freehold in their own names.

Thailand’s Condominium Act allows foreign ownership of condominium units within the permitted foreign ownership quota, generally 49% of the total unit area of a registered condominium building.

That means you don’t necessarily need a Thai company or a complicated ownership arrangement to own your condominium. You can hold the qualifying freehold title directly in your name.

For international buyers, this is a significant advantage, particularly when compared with some other property ownership structures.

However, foreign-freehold ownership and visa eligibility are two separate legal considerations.

Not every condominium automatically qualifies for a property-linked visa, and buyers should have the ownership structure, project documentation and immigration requirements checked before committing to a purchase.

Why Phuket and Koh Samui are particularly interesting

An infinity pool looking out over a bay on Koh Samui

With applications reopening for eligible properties outside Bangkok, destinations such as Phuket and Koh Samui deserve attention.

Both islands offer something that is becoming increasingly important to international buyers: the ability to enjoy a high-quality lifestyle without necessarily being tied to a major city.

Phuket has developed into a substantial international residential destination, with international schools, hospitals, shopping, restaurants, marinas and established expatriate communities.

Koh Samui offers a different atmosphere, with beautiful beaches, a more relaxed island lifestyle, restaurants, wellness facilities and growing interest from international property buyers.

I spend a lot of time looking at property markets across Southeast Asia, and one of the things I always consider is whether people genuinely want to spend time in the destination.

After all, a property investment is only one part of the equation. You also need to consider the lifestyle, accessibility, rental demand, management and long-term desirability of the location.

For the right buyer, owning a condominium in one of Thailand’s established island destinations can provide a combination of personal enjoyment and investment potential.

What about the visa itself?

The property-linked long-stay visa route is intended to support eligible foreign property investors who wish to spend extended periods in Thailand.

The programme has been associated with a minimum qualifying property investment of 3 million baht and a renewable permission-to-stay arrangement, subject to immigration approval.

It’s important to understand that this is not permanent residency, citizenship or an unconditional right to remain in Thailand indefinitely.

Applications, renewals and continued eligibility are governed by the relevant immigration requirements.

Buyers should confirm the current rules, including the qualifying investment amount, property documentation, financial requirements, insurance obligations and renewal procedures, with an authorised visa specialist.

The important news today is that the application process has reopened for eligible properties outside Bangkok. And that gives prospective buyers another option to consider when planning their future in Thailand.

A positive step for Thailand’s long-term future

Personally, I think encouraging people to invest in Thailand and spend more time here makes a tremendous amount of sense.

Long-stay residents contribute to the economy in ways that go well beyond the initial property purchase.

They spend money in restaurants, supermarkets, wellness centres, hospitals, local shops and countless other businesses. They employ property managers, maintenance teams, cleaners and service providers.

Some bring their families, enrol their children in international schools and build lasting connections with local communities.

And those who spend 180 days or more in Thailand during a calendar year may also become Thai tax residents, subject to the applicable tax rules.

It’s an opportunity for Thailand to attract people who want to contribute to the country while enjoying everything it has to offer.

I’ve always believed that Thailand’s long-term appeal goes far beyond its beaches and holiday resorts. It’s about quality of life.

And making it easier for genuine property investors to establish a long-term connection with Thailand is a positive step.

The 3 million baht property-linked visa is back on the cards, and for qualifying properties outside Bangkok, that’s very welcome news indeed.

Join our special Koh Samui property and long-stay visa webinar on Monday, 26 October

To coincide with this announcement, we’re hosting a special live webinar featuring the launch of Astra, a new condominium development in Fisherman’s Village, Koh Samui, from one of Thailand’s leading developers.

This is a different opportunity from the million-dollar branded residences I often work with.

We’re looking at more accessible one- and two-bedroom condominiums, with indicative budgets around US$100,000 to US$200,000, offering buyers the chance to explore foreign-freehold ownership, potential rental income and property-linked long-stay visa eligibility.

During the webinar:

  • The developer will introduce Astra and present the new condominium development.
  • Our legal expert will explain foreign-freehold condominium ownership, due diligence and the relevant visa requirements.
  • I’ll personally walk you through Koh Samui, the lifestyle, locations, property market and why I believe the island is worth considering.
  • Our insurance specialist will discuss healthcare, medical insurance and potential insurance-related tax-planning considerations.

We’ll also explain how our boutique family office team at Easy Living Phuket can help buyers through the property purchase process.

Webinar date and international times

Monday, 26 October 2026

Location Local time
Thailand 6:00 PM
United Kingdom 11:00 AM
Dubai 3:00 PM
India 4:30 PM
New York 7:00 AM
Los Angeles 4:00 AM

Register for the free webinar

If you’ve been thinking about buying a property in Thailand, generating rental income or simply having a place to enjoy the country for years to come, we’d love you to join us.

Asa Marsh
Managing Director, Easy Living Phuket
Winner, Best Boutique Real Estate Agency Thailand 2026

Disclaimer: This article is based on the communication issued by Thai Longstay Management Co., Ltd. on 21 October 2026. Immigration policies and eligibility requirements may change. Property ownership does not guarantee visa approval. Rental returns, tax outcomes and financial benefits depend on individual circumstances. Seek independent legal, immigration and tax advice before making an investment decision.