Does buying property in Thailand give you a visa? For years the honest answer was "no" — property ownership alone did not grant residency. That changed with a new property-linked long-stay route, and there are several other visas Phuket condo and villa owners use to live on the island. Here is the 2026 picture. Immigration rules and thresholds change; always confirm current requirements with Thai Immigration or a licensed immigration lawyer before you rely on any option.
The 3 million baht property visa
Since October 2025 Thailand offers a one-year renewable long-stay visa to foreigners who buy a condominium worth at least ฿3M (or rent housing at ฿85,000+ per month). The commonly reported conditions: the unit must be bought from a Thai developer, held in foreign freehold and registered in your name at the Land Office, with the declared price of ฿3M+ shown on official documents. You cannot combine several small units to reach the threshold, and the visa is renewed annually while you keep ownership, with 90-day reporting. It is new and still being clarified in practice, so verify the latest terms before buying for visa purposes.
Thailand Privilege (formerly Elite)
A membership long-stay visa available from 5 up to 20 years — popular with investors and frequent travellers. It allows long stays but not the right to work, and is independent of property ownership.
LTR — Long-Term Resident visa
A 10-year visa for wealthy individuals, pensioners (the "Wealthy Pensioner" category), remote workers and highly-skilled professionals. It typically requires proof of income or assets and health insurance.
Retirement visa (Non-O / O-A)
For applicants aged 50+, based on a bank deposit or income threshold, renewable for long-term stay — a common route for retirees buying in the livable south around Rawai.
How property and visa work together
Your condo is your home and asset; the visa is applied for separately — either through the new ฿3M property route or one of the visas above. Before you buy specifically for a visa, confirm that your unit qualifies (Thai developer, foreign freehold, ฿3M+ registered price) and take independent legal advice. See also our guide on whether foreigners can buy property in Phuket and freehold vs leasehold.
Where the supply is right now
By number of available offices the deepest submarkets are Bang Tao (863), Rawai (552), Nai Yang (328). The catalogue holds 34 buildings and 2392 offices in total.
Browse Phuket condos from ฿3M+ that can support the property visa route, or send a request and we will shortlist qualifying units with official price lists.
