Obtaining status as a Permanent Resident (PR) in Thailand has many advantages. It allows you to live permanently in Thailand, with no requirement to apply for an extension of stay. You can also have your name on a house registration document, and you will be able to buy a condominium without making a bank transfer from abroad. Getting a work permit is also made easier once you have PR status.
In addition to this, you can be eligible to become a director of a Thai public company, as well as eventually apply to become a naturalized Thai citizen. You will also be able apply for an extension of stay and Permanent Resident status for your non-Thai family members.
All applications for Thai Permanent Residency is processed by the Royal Thai Immigration Commission. The annual quota for granting permanent residency in Thailand is a maximum of 100 persons per country. The application period for Thai PR usually from October to the end of December of every year.
In order to apply to become a Thai Permanent Resident, you must meet the following criteria:
- You must have had a Thai non-immigrant visa for at least three years prior to the submission of your application. Holders of multiple NON-Immigrant visas can not apply. You must have 3 consecutive yearly extensions in order to qualify.
- You must be a holder of a non-immigrant visa at the time of submitting your application.
- You must be able to meet one of these categories to apply for PR status in Thailand:
- Investment category (minimum 3 – 10 Mil. Baht investment in Thailand)
- Working/ Business category
- Support a family or Humanity Reasons category: In this category, you must have a relationship with a Thai citizen or an alien who already posses a residence permit as a husband or wife; father or mother; or a guardian of a Thai child under 20 years of age.
- Expert / academic category
- Other categories as determined by Thai Immigration
Source: http://www.thaiembassy.com/thailand/thai-permanent-residency.php
