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Premium Residencies in the Gulf and Asia: A Map

How the market works and how to read the map

By August 2026 the perimeter of "premium residencies" from Abu Dhabi to Jakarta has split into two markets running on opposite logic. In the Gulf — the UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, Oman — what is bought is not a passport but a tax profile: zero personal income tax, no capital gains, inheritance or wealth taxes, freedom from employer sponsorship and the right to own property in designated zones. Citizenship these programmes almost never deliver: naturalisation in the GCC remains discretionary and granted case by case, and the "golden" statuses are long renewable residence permits, at most permanent residency. In Asia — Singapore, Hong Kong, Japan, Korea, Taiwan, Thailand, Malaysia, Indonesia — money buys access, and the price is paid in activity: thresholds have risen by an order of magnitude in three years, and to capital have been added jobs, real presence and, in Japan, language at CEFR B2.

Hence the region's main conclusion. In the Gulf it is critical not to confuse a residence permit with tax residency: the UAE Golden Visa or the Saudi Premium Residency do not by themselves move the tax nexus — that is created by actual presence, a permanent home and a residency certificate. You cannot buy "zero" on paper; you can buy the right to be where "zero" arises once the conditions are met. In Asia the reverse holds: status pulls residency almost automatically or through the 183-day test, and the question is not "how do I get it" but "am I willing to live here enough that the status is not cancelled at renewal".

The map reads along seven axes: entry model and threshold, time to status, the route to permanent residence or citizenship, the presence requirement, the tax effect of the status, and reform risk with its deadline. Each profile answers five questions — what is bought and under which instrument, timing and procedure, presence and renewal, tax effect, reform status — and points to the corpus page where one exists. The region has a single cross-cutting deadline and it is not a migration one: from 1 January 2028 Oman introduces a 5% personal income tax, the first in the history of the GCC. Parameters are stated as at 14 August 2026: thresholds here are changed by subordinate acts and without transition periods. Choosing the region is the second step; if it is still open which entry model fits and what to read first, the ordering sits in the investor cluster map.

Comparison along common axes

JurisdictionEntry and thresholdTimingPR / citizenshipPresenceTax effectRisk and deadline
UAEproperty from AED 2m (10 years); capital from AED 2m (10 years)2–8 weeksno PR; naturalisation by nomination, case by caseno minimum; status does not lapse after 6 months abroad0% personal income tax, but residency is separate: Cabinet Decision 85/2022 + FTA certificatemedium: categories amended by ICP through subordinate acts
Saudi Arabiafee of SAR 800,000 for unlimited duration or SAR 100,000/year; property from SAR 4m; investor from SAR 7m1–3 monthsthe unlimited category = PR; no citizenshipnone for the paid products, the investor, the second-category entrepreneur and the property owner; 30 months in any 5 years for special talent, gifted and the first-category entrepreneur0% personal income tax; VAT 15%medium: non-resident property ownership law in force from 21.01.2026
Qatarproperty from $200,000 — residence permit; from $1m — application for permanent statusup to 3 monthspermanent status under Law 10/2018, discretionaryon the permit — actual presence; on permanent status — none0% personal income tax; corporate 10%low: framework stable since 2018–2020
Bahrainproperty from BHD 130,000 (~$345,000)a few weeksno PR as a categorynot stated0% personal income tax; VAT 10%low; threshold was lowered in late 2025
Kuwaitinvestor residence of up to 15 years; threshold not publishedno PRnot disclosed0% personal income taxhigh: regulations dated 23.11.2025, no practice yet
Omanfrom OMR 250,000; company shareholding from OMR 200,000; property in an ITC1–2 monthsno PRnot stated0% personal income tax until end-2027high: 5% personal income tax from 01.01.2028, Royal Decree 56/2025
SingaporeGIP: S$10m into a business, S$25m into a fund, or an SFO with AUM from S$200maround 12 monthsPR immediately; citizenship after 2 years of PR, with renunciation of the former onestrict: more than 50% of the time to renew the REPresidency on the 183-day test; an individual's foreign income is generally exemptmedium: thresholds raised in 2023, few approvals
Hong KongNew CIES: HK$30m net, of which HK$3m into the CIES Investment Portfolio6–12 monthsright of abode after 7 years"ordinary residence"territorial basis; no tax on capital gains or dividendsmedium: holding companies and the FIHV link-up from 01.03.2026
JapanBusiness Manager: capital of ¥30m, 1 full-time employee, Japanese at B21–3 monthsPR after 10 years; under the HSP points system — from 1–3 yearsgenuine management of the companyworldwide income, rate up to 55%; inheritance taxhigh: full compliance required from 16.10.2028
Republic of KoreaIISPB: KRW 1.5bn → F-2, KRW 3bn → F-5 immediately; property KRW 1bn2–4 monthsF-5 after 5 years, or immediately at KRW 3bnminimal: 1 day a year for F-2residency on the 183-day test; worldwide incomehigh: the property track extended to 30.04.2026
TaiwanARC from ~$200,000; APRC — NT$15m plus 5 jobs, or NT$30m in government bonds2–4 monthsAPRC after 5 years; citizenship — around 5 years morestrict: 183 days a year, otherwise the APRC is cancelledterritorial basis with an alternative minimum taxmedium: the bond track does not work in practice
ThailandLTR: assets from $1m and $500,000 into Thailand, or the income categories; Privilege Card from ฿650,000around 2 monthsPR through a separate procedureone report a year; no minimumLTR: 17% for highly-skilled professionals and exemption of foreign income; Privilege Card — nonemedium: remitted-income rules amended twice
MalaysiaMM2H: deposit of $150,000 / $500,000 / $1m plus property; PVIP: RM 1m + RM 40,000/month + RM 200,000 fee3–6 monthsneither grants PRMM2H — 90 days a year under age 50; PVIP — noneterritorial basis; an individual's foreign income is exempthigh: MM2H rewritten, tiers and mandatory property from 2025–2026
IndonesiaGolden Visa (E28): $350,000 for 5 years or $700,000 for 10 without a company; with a company $2.5m / $5m1–2 monthsPR (ITAP) through a separate procedurenot requiredno effect; residency follows presence and intentionmedium: indices changed twice since 2023

The Gulf: what is bought is a tax profile

United Arab Emirates

The Golden Visa is not one programme but a set of categories administered by the ICP (Federal Authority for Identity, Citizenship, Customs and Port Security). Three work for capital: the property investor — ten years for owning an asset from AED 2m, or for a contribution to an enterprise paying from AED 250,000 in tax a year; the public investments investor — ten years for capital from AED 2m; and the entrepreneur — five years on confirmation of an innovative project by an incubator letter. The ten-year term is set by Article 1 of the Annex to Cabinet Resolution No. 65 of 2022 Issuing the Executive Regulations of Federal Decree-Law No. 29 of 2021 Concerning the Entry and Residence of Foreigners (issued 12 July 2022, Official Gazette No. 731 of 15 July 2022, in force 3 October 2022); the conditions of the real-estate route are set by Article 8, "Second", of the same Annex — one or more properties totalling at least AED 2m and wholly owned by the investor, a loan permitted where it comes from a local bank listed by the competent local authority, and off-plan units where bought from local companies approved by that authority. The five years shown against the real-estate row on the u.ae summary table conflict with the text of the norm: the ICP service card and the DLD service description both state ten. The categories for scientists, executives and exceptional talent belong to a different perimeter.

With the asset already in place a decision takes two to eight weeks: the property must be registered with the emirate's land department and free of disputes. Mortgaged and off-plan units, and the aggregation of several assets up to the threshold, are admitted by the text of Article 8 of the Annex itself; what changes without publication is something else — the operational document set the DLD asks for (a bank letter stating the amount paid and the outstanding balance, the deal entered in Oqood). The mechanics of the transaction are covered in the note on buying property as a non-resident.

The main advantage of the Golden Visa over an ordinary residence visa is that the status does not lapse on an absence longer than six months, and there is no minimum day count. That same freedom creates the trap: the UAE has no personal income tax and corporate tax of 9% has applied since June 2023, but the visa does not make its holder a tax resident. Residency is determined by Cabinet Decision 85/2022: 183 days of presence, or 90 days for GCC nationals and residents holding a permanent home or employment, or a usual place of residence and centre of financial interests in the country. Proof is the FTA certificate; without it the former jurisdiction will most likely continue to treat the person as its own (UAE tax residency, tie-breaker).

Citizenship is not for sale here: the 2021 amendments allow naturalisation on nomination by rulers' courts, but these are one-off decisions. In July 2025 the ICP publicly denied promises of a "lifetime Golden Visa for AED 100,000 by nomination" as having no legal basis. Two things are checked before filing: that the category and threshold match the current version on the ICP portal, and that the tax plan is built on presence rather than on the visa. See the UAE hub and the comparison of the route with Singapore.

Saudi Arabia

Premium Residency was created by the Premium Residency Law — Royal Decree No. M/106 of 10/09/1440H (15 May 2019), approved by Council of Ministers Decision No. 521 of 09/09/1440H — and expanded in January 2024 from two products to seven. November 2019 is when the Premium Residency Centre issued the first permits, not the date of the instrument itself. Two "direct" ones are bought with money and no investment: unlimited-duration residency for a one-off fee of SAR 800,000, and an annually renewable one for SAR 100,000. Five "conditional" ones cost a nominal SAR 4,000 but require an economic basis: the property owner — an asset from SAR 4m; the investor — an investment from SAR 7m and ten jobs within two years; the first-category entrepreneur — funding from SAR 400,000 with a stake from 20%; the second category — from SAR 15m with a stake from 10% and twenty jobs; special talent and gifted individuals — by profile and remuneration.

Applications go through the Premium Residency Center and a decision takes one to three months. Unlimited status arises in the conditional categories by two different routes. The investor (SAR 7m and ten jobs in the first two years) and the second-category entrepreneur (ten jobs in year one and ten more in year two) receive it directly and with no day requirement — this is the transition into permanent residence that the rest of the Gulf largely lacks. Special talent and gifted holders are issued five years renewable once, and reach unlimited status only on continued eligibility plus actual residence in the Kingdom of at least 30 months within five years, consecutive or not; the gifted holder also needs a fresh recommendation from the relevant ministry. The first-category entrepreneur (SAR 400,000, a stake from 20%) does not convert to unlimited status at all: five years and a single renewal, and that renewal itself requires the same 30 months within five years. No day requirement attaches to the two paid products, the investor, the second-category entrepreneur or the property owner; otherwise renewal is tied to preserving the underlying basis: a sold property or closed jobs void the status. These terms sit not in the statute but in the product conditions announced by the Premium Residency Centre in January 2024 under Royal Decree No. M/106.

The Kingdom has no personal income tax — not on salary, not on self-employment, not on an individual's capital gains; there are no inheritance or wealth taxes. VAT is 15% and corporate tax for companies with foreign ownership is 20%. The status removes the need for a sponsor, allows property ownership and doing business without a Saudi partner in most sectors, and permits sponsorship of a spouse, children up to 25 and parents. The route does not lead to citizenship.

The key change is not a migration one: the law on property ownership by non-Saudis was published in the Official Gazette on 25 July 2025 and came into force 180 days later, on 21 January 2026. It moved regulation onto a model of designated zones set by the Council of Ministers and the Real Estate General Authority; Makkah and Madinah remain closed, with a narrow exception for Muslims. Before filing you must confirm that the asset falls within a published zone — otherwise the purchase creates no basis for the status. Profile: Saudi Arabia.

Qatar

Qatar operates on two levels. The first is an investor residence permit for an investment of around $200,000 in property in approved zones: a renewable permit with the right to live, work, study and sponsor family. The second is permanent residency under Law No. 10 of 2018, access to which is granted by property ownership from $1m. The list of freehold zones is set by Cabinet Decision No. 28 of 2020.

With a completed asset, the permit and title are issued quickly and the full cycle fits into one to three months. Permanent residency is considered separately and at discretion: the 2018 law caps issuance and leaves the decision with the Ministry of Interior, so the right to apply is not the right to receive. On the renewable track applicants are expected to be physically present — advisers cite a benchmark of around 90 days a year, but that is practice, not a published rule; permanent status carries no day requirement.

There is no personal income tax and no capital gains tax for an individual, and the corporate rate of 10% is among the lowest in the region. As in the UAE, the status by itself does not create residency: that arises on the criteria of presence and permanent home.

The regulatory framework has not changed since 2018–2020 — rare stability by regional standards, and the reform risk is low. Two points need checking: whether the asset falls within the list of zones under Decision 28/2020, and which product the application is for. The renewable investor permit and permanent residency are administered differently, and substituting one for the other in intermediaries' pitches is the classic error on this route. There is no separate corpus page for Qatar.

Bahrain

The Golden Residency Visa was launched in 2022 and grants a renewable ten-year status. The investor track is ownership of property in Bahrain; in late 2025 the threshold was cut from BHD 200,000 to BHD 130,000, roughly $345,000. A one-third reduction is a rare downward move against the region's general rise in thresholds. Beyond the investor track the programme also covers long-term residents, high-earning professionals and holders of exceptional talent; the parameters of those categories are not reproduced here as unconfirmed.

Processing takes a few weeks once the transaction is registered. The status grants family reunification and the possibility of working — a possibility, not an automatic right, and this is clarified at filing. No day requirement is stated, and renewal is tied to keeping the asset.

Bahrain has no personal income tax and VAT is 10%. Since 2025 a domestic minimum top-up tax of 15% applies to large multinational groups — it does not affect an individual, but it changes the calculation for anyone bringing an operating structure here. An individual's residency, as everywhere in the Gulf, is determined by presence rather than by holding a visa, and requires separate confirmation.

Formal reform risk is low, but thresholds are mobile: in a single revision they fell by 35%. The conclusion runs against instinct — there is no point buying "before it gets more expensive", but there is every point in checking the figure on the filing date: a threshold cut reprices purchases already made. There is no separate corpus page for Bahrain.

Kuwait

Kuwait is the most closed of the six programmes and the only one where, as at August 2026, there is no published entry figure. In November 2025 the executive regulations to the law on the residence of foreigners were approved: article 7 introduces long-term residence permits, and for qualified foreign investors a term of up to 15 years is stated against a general ceiling of five. Investor permits rest on Law No. 116 of 2013 on direct foreign investment, that is on the investment rather than the migration circuit: the status follows a project approved by KDIPA.

The regulations were approved on 23 November 2025; as at mid-2026 no application practice has formed, and there is no public threshold or list of qualifying investments. Presence requirements are not disclosed; only the general rule is known: the term of a residence permit cannot exceed the term of the medical insurance obtained.

Kuwait has no personal income tax and foreign companies are taxed at 15%. For an individual the status is tax-neutral, and the country issues few tax certificates for non-resident structures.

Risk here is at its maximum not because the programme will be closed but because it does not yet exist in workable form: the framework is new, practice is absent, and restrictions on the length of expatriate stay are being discussed in parallel. Kuwait is sensibly held as a 2027 option rather than a route around which a plan is built today. There is no separate corpus page for Kuwait.

Oman

The Investor Residency Programme grants long-term residence along several routes. The benchmark for the ten-year track is an investment of at least OMR 250,000; separately provided for are a shareholding in a company operating for at least a year where the applicant's share of assets is from OMR 200,000, and the purchase of a unit in an Integrated Tourism Complex (ITC) — the only format in which a foreigner obtains full freehold title. There are seven routes; the amounts are set by ministerial decision and adjusted, so the figure is verified on the filing date.

Processing takes one to two months after the investment is confirmed. The status carries the right to sponsor family, run a business and own property in designated zones; there is no permanent residency as a separate category. There is no minimum day count, and renewal is tied to maintaining the investment.

Until the end of 2027 Oman is an ordinary zero-tax GCC jurisdiction. From 1 January 2028 Royal Decree No. 56/2025, published on 29 June 2025, takes effect: a 5% personal income tax on individuals with gross income above OMR 42,000 a year (around $109,000). The base captures salary, income from real estate and from intellectual and industrial property. Deductions are provided for education and healthcare, zakat and donations, along with exemptions — among them a one-off two-year exemption for foreign income, plus inheritance and gifts. The executive regulations will settle the question that matters most to newcomers: whether a resident is taxed on worldwide income or only on Omani-source income.

This is the only dated tax deadline in the whole Gulf, and it matters beyond Oman: it breaks the assumption that zero personal income tax in the GCC is permanent. Before filing, check whether the executive regulations have been issued and how they define the scope of a resident's taxation, and whether the asset falls within an ITC — outside the complexes a foreigner receives a usufruct, not ownership. There is no separate corpus page for Oman.

Asia: what is bought is access, and the price is activity

Singapore

The Global Investor Programme is the only direct route to permanent residence for capital and is administered by the EDB. Three options: A — at least S$10m into a new enterprise or the expansion of an existing one; B — S$25m into a GIP-select fund; C — a Singapore single family office with assets under management from S$200m, of which a minimum of S$50m is transferred to Singapore and deployed into EDB-approved instruments. Access is gated by the applicant's profile: a business owner with turnover from S$200m and a stake from 30%, a next-generation member of a family with a stake from 30% and turnover from S$500m, the founder of a fast-growing company valued from S$500m, or a family office principal with net investable assets from S$200m.

Processing takes around twelve months, and the statistics are sobering: according to a parliamentary reply, over the decade 2015–2025 roughly 450 people obtained PR under the GIP, investing some S$500m into businesses and a further S$430m into select funds; about half went through option A, around 40% through funds and only around 10% through the family office option.

PR is granted immediately, but the Re-Entry Permit is renewed after five years — and that is where the real price sits. Option A requires maintaining a headcount of at least 30, half of them citizens, with an increase of at least 10 employees; across all options the applicant and family must spend more than half their time in Singapore; option C additionally requires five family office professionals. The status does not itself create tax residency — the 183-day test applies — but the presence requirement makes residency all but inevitable. Singapore does not tax capital gains, and an individual's foreign income is generally exempt on remittance; for capital there is a separate layer — the 13O regime and wealth planning.

Thresholds were raised in March 2023 — from S$2.5m to S$10m — and the framework has been stable since. Anyone who needs access rather than capital deployment is better served by the non-investment alternatives: the ONE Pass at a fixed salary from S$30,000 a month gives a five-year, employer-independent pass with the right to run several companies, while EntrePass and Tech.Pass cover the entrepreneurial profile. Details: PR through the GIP and the hub.

Hong Kong

The New Capital Investment Entrant Scheme has run since 1 March 2024 and requires net investments of HK$30m: HK$27m into permissible financial assets and real estate plus a mandatory HK$3m into the CIES Investment Portfolio managed by the Hong Kong Investment Corporation. The list of permissible assets is closed: HKEX-listed equities, debt securities, certificates of deposit (no more than 10% or HK$3m), subordinated bank debt, SFC-authorised collective investment schemes, and interests in limited partnership funds and private OFCs — capped in aggregate at HK$10m. Real estate counts for no more than HK$15m, residential for no more than HK$10m and only where the transaction price is at least HK$30m per unit.

The applicant first has net assets verified, then invests and passes verification through InvestHK and the Immigration Department. Over the scheme's first two years, as at 28 February 2026, 3,166 applications had been filed and 1,762 formal approvals granted, with an expected inflow of around HK$95bn; the largest shares were SFC-authorised funds (38.6%) and equities (29.0%).

The visa is extended on confirmation that the portfolio has been maintained, and the right of abode arises after seven years of ordinary residence — "ordinary" is the operative word: there is no formal day counter, but actual life in the jurisdiction is tested. Hong Kong taxes on a territorial basis, there is no tax on capital gains or dividends, and salaries tax is capped at 15%; the visa itself creates no residency (tax residence and the Certificate of Resident Status).

From 1 March 2026 a material relaxation applies: permissible assets may be held not directly but through a Hong Kong private company wholly owned by the applicant, including a family-owned investment holding vehicle; at the same time the previous minimum age of the holding company was removed. To link up with the family office tax concession, an FIHV must have at least two full-time employees in Hong Kong and operating expenditure from HK$2m a year, and the managing Eligible Single Family Office must have aggregate net assets of at least HK$240m (FIHV, comparison with 13O). The non-capital alternative is the Top Talent Pass Scheme: category A at annual income from HK$2.5m gives 36 months, categories B and C for graduates of listed universities (expanded to 200 institutions for 2026) give 24 months each, with category C subject to a quota (residency in Hong Kong, hub).

Japan

Japan has no passive investor route and none has appeared: the only entry for capital is the Business Manager visa, that is a real company under the applicant's management. From 16 October 2025 the requirements were rewritten and became roughly six times tougher: share capital was raised from ¥5m to ¥30m, at least one full-time employee holding Japanese nationality, permanent resident status or spouse-of-a-national status is mandatory, and the business plan must be certified by a qualified professional — an SME management consultant, a certified public accountant or a licensed tax accountant.

Processing takes one to three months. The genuinely new element is the language bar: Japanese at no lower than CEFR B2, evidenced by JLPT N2, a BJT score from 400, a degree from a Japanese university or twenty years' residence in the country. The requirement is addressed to the applicant or to an employee, and it is the first case in the region where language is built into an investor route. The visa presupposes genuine management of the company from Japan: a dormant structure does not survive renewal. PR is generally available after ten years, and considerably sooner under the Highly Skilled Professional points system.

The tax side diverges radically from the Gulf. A resident is taxed on worldwide income at a combined rate reaching roughly 55% including local tax; a "non-permanent resident" (fewer than five years out of the last ten) is protected to a limited extent on foreign income not remitted to Japan. A separate factor for family capital is inheritance tax, among the highest rates in the world and sensitive to residence status. The investor status here confers no tax advantage; it creates an obligation.

The deadline is dated: extensions filed between 16 October 2025 and 16 October 2028 are considered with regard to the state of the business and its prospects of meeting the new criteria; after that date compliance must be complete. Holders of earlier visas must bring capital, headcount and language up to the new bar by then — otherwise renewal and any PR application will hit a refusal. There is no separate corpus page for Japan.

Republic of Korea

Korea offers three entries. The Immigrant Investor Scheme for Public Business (IISPB) is an investment into approved public projects: since June 2023 the threshold has tripled from KRW 500m to KRW 1.5bn (around $1.15m) for the F-2 visa with an initial three-year term, while an investment from KRW 3bn (around $2.3m) gives F-5 permanent residency at once. Investment immigration through real estate is the purchase of a unit in tourism and leisure complexes in designated zones (Jeju, Incheon, Pyeongchang, Busan): since May 2023 the threshold has doubled from KRW 500m to KRW 1bn (around $780,000). The corporate D-8 route remains the cheapest — from KRW 100m with a stake of at least 10% of voting shares and participation in management.

Processing takes two to four months. The investor tracks carry no language test and no experience requirement — this is where Korea differs from Japan. The presence requirement is minimal and unique in Asia: maintaining F-2 requires one day a year, and F-5 one entry every two years. The standard path to F-5 on the IISPB track takes five years; citizenship as a rule requires renouncing the former one.

Residency is determined by 183 days and by domicile, and a resident is taxed on worldwide income on a progressive scale. Foreign workers may elect a preferential flat rate instead of the progression for a limited period — an option that must be checked against the law as currently in force.

The main dated risk: the real estate investment immigration track was extended to 30 April 2026, and its further fate had not been decided when this map was prepared. The very ability to apply has a shelf life — before transferring funds it is worth confirming with the immigration service whether the track is running and in which version. There is no separate corpus page for Korea; the general logic is in the note on programme change risk.

Taiwan

The basic entry is the investor ARC: an investment of around $200,000 into a registered Taiwanese company followed by a one-year residence permit. Permanent status, the APRC, is reached two ways: the general one — five years of continuous residence with presence of at least 183 days each year — and the special investment one: NT$15m (around $480,000) into a commercial enterprise with the creation and retention of five jobs for Taiwanese nationals over three years, or NT$30m (around $960,000) into central government bonds held for three years.

The ARC is issued two to four months after the investment is approved by the relevant commission. The bond track formally exists but, according to industry reviews, has never produced a single approval: in practice only the jobs route works.

The presence requirement is the harshest in the Asian part of the map: an APRC holder must not be absent for more than 183 days a year, or the status is cancelled. Citizenship becomes available roughly five years after the APRC and requires renouncing the former one. Taiwan taxes predominantly on a territorial basis, but a resident's foreign income enters the alternative minimum tax base once thresholds are exceeded: "territoriality" here does not mean full exemption of overseas income.

Formally the thresholds have not changed, but accessibility has narrowed: the investment track to an APRC only works with hiring, and the 183-day requirement makes the status incompatible with a mobile life. Two things are checked: approval of the investment by the commission, and whether retaining five jobs for three consecutive years is realistic. There is no separate corpus page for Taiwan.

Thailand

The Long-Term Resident (LTR) visa from the BOI is a ten-year status (5+5) in four categories. Wealthy Global Citizen: assets of at least $1m and investments of at least $500,000 into Thailand — government bonds held for five years or more, direct investment or real estate. Wealthy Pensioner: age from 50 and passive income from $80,000 a year, or $40,000 plus a $250,000 investment. Work-from-Thailand Professional: income from $80,000, or $40,000 with higher education, with an employer that is a listed company or a private one with a three-year history and revenue from $50m; the category grants no work permit. Highly-Skilled Professional: income from $80,000, or $40,000 with a master's degree in science and technology, working in targeted industries. All require health insurance of $50,000 or a $100,000 deposit, and $25,000 per dependant.

The BOI endorsement letter and the visa take around two months; since March 2025 filing has been centralised at the Thailand Investment and Expat Services Center. The parallel, purely consumer product is the Thailand Privilege Card: Bronze ฿650,000 for five years, Gold ฿900,000 for five, Platinum ฿1.5m for ten, Diamond ฿2.5m for fifteen, Reserve ฿5m for twenty; every tier gives a one-year stay per entry and no right to work.

The LTR replaces 90-day reporting with an annual report, exempts the holder from the "four Thais per foreigner" quota and gives a digital work permit in three of the four categories. There is no minimum day count, but the qualifying conditions must be maintained throughout the visa term; the LTR does not lead to PR. The tax effect is the LTR's principal difference from the Privilege Card: the LTR carries its own regime, a flat 17% rate for Highly-Skilled Professionals and exemption of foreign income remitted to Thailand, whereas the Privilege Card creates no effect at all.

Thai tax residency arises at 180 days of presence, and the general regime for taxing remitted foreign income has been amended twice in three years (Thailand: tax on foreign income and the LTR/DTV visas). For 2026 the BOI has announced no changes to the LTR criteria; in the previous round of relaxations the income test was removed from the Wealthy Global Citizen category. The risk here is not a migration one but a tax one: the LTR concession is worth exactly as much as the stability of the remittance rules. Before filing, check that the employer meets the criteria and that the source of funds is documented (due diligence).

Malaysia

After the programme was rewritten, two products are in force. Malaysia My Second Home (MM2H) is built on tiers: Silver — a $150,000 deposit and property from RM 600,000, a five-year pass; Gold — $500,000 and RM 1,000,000, fifteen years; Platinum — $1,000,000 and RM 2,000,000, twenty years and the right to work; the special economic zone tier — a deposit of roughly $32,000–65,000 and property from RM 500,000 for ten years. The minimum age is 25, property is held for at least ten years from the date of first issuance, and up to 50% of the deposit may be withdrawn after the first year for approved purposes.

The Premium Visa Programme (PVIP) is built differently: a deposit of RM 1m, verified income of RM 40,000 a month and a fee of RM 200,000 plus RM 100,000 per dependant — in exchange for a twenty-year status with full rights to work and do business. From March 2026 the PVIP income test can be met not only with offshore income but also with domestic income or with net assets. Processing on both products takes three to six months.

MM2H requires at least 90 days a year from applicants under 50, with no minimum for those aged 50 and over; the PVIP contains no day requirement at all — its main distinguishing feature and the reason to choose it for a mobile life. Neither product grants permanent residence: these are renewable passes. Malaysia taxes on a territorial basis, an individual's foreign income is exempt under the regime in force for 2026, and residency arises at 182 days of presence rather than from the type of visa. A PVIP holder who stays below the threshold remains a non-resident — but interest on the mandatory deposit is taxed as Malaysian-source income.

The risk here is the highest in the Asian part of the map on factual grounds: the programme has already been suspended, rewritten and split into tiers with a mandatory property purchase. Before filing, check the current version of the tiers and, separately, whether conditions are preserved for participants already approved. Profile: Malaysia MM2H.

Indonesia

The Golden Visa within the E28 index system is the region's "cleanest" investor product: it requires neither a company nor presence. The passive track E28C: $350,000 for five years or $700,000 for ten; the alternative for ten-year status is residential property from $1,000,000. Qualifying instruments are government bonds, shares traded on the IDX, mutual fund units and deposits with state banks. The company-formation track E28B requires $2.5m for five years or $5m for ten; corporate investors under E28D — $25m and $50m; a separate E28F track for the new capital Nusantara — $5m and $10m.

Processing takes one to two months after placement of the funds is confirmed. The number of the implementing regulation is reported inconsistently in open sources, so it is not reproduced in this map and is confirmed with the immigration service at filing.

There is no presence requirement: the status is held by the size and preservation of the investment, not by days in the country. Permanent residence (ITAP) is a separate procedure, not tied to the golden visa. The status creates no tax effect, but the flip side of freedom on days is that once you genuinely start living in Indonesia, residency arises quickly: local practice links it to presence and intention to reside rather than to a 183-day counter alone, and a resident's foreign income falls into the local base (Remote Worker KITAS).

Indices and thresholds have changed twice since launch in 2023–2024 and the product is still stabilising. Before transferring funds, check which index has been assigned to the applicant, whether the instrument is recognised as qualifying, and for what term: a mismatch between the promised and the assigned index at issuance occurs here more often than anywhere else in the region.

Questions and answers

Whether the UAE Golden Visa confers tax residency

No, these are two different statuses. The Golden Visa is a migration permit that does not lapse even on an absence longer than six months. Residency is determined by Cabinet Decision 85/2022: 183 days of presence over 12 months, or 90 days with a permanent home or employment for GCC nationals and residents, or a usual place of residence and centre of financial interests in the UAE. It is evidenced by an FTA certificate; without presence and a certificate the former country will continue to treat the person as its resident (more).

Which programmes in the region genuinely lead to citizenship

Practically none. In the Gulf naturalisation is discretionary: since 2021 the UAE allows citizenship by nomination of rulers' courts, but those are isolated decisions, and Saudi Premium Residency gives no citizenship at all. In Asia a path exists but it is long and usually requires renouncing the former passport: Singapore — PR under the GIP and a minimum of two years before applying; Hong Kong — right of abode after seven years; Korea — F-5 and then naturalisation; Taiwan — an APRC plus around five more years. If the objective is a passport, the region has been chosen wrongly (citizenship by investment).

Where a status can be obtained without visiting at all

There is no day requirement for the Indonesian Golden Visa (the E28 index: the status is held by the investment) or the Malaysian PVIP; formally there is none either for the Omani Investor Residency or Qatari permanent status from $1m. Saudi Premium Residency is free of day requirements only in its two paid products and in the investor, second-category entrepreneur and real estate owner categories: special talent, gifted and first-category entrepreneur holders need 30 months in the Kingdom within any five years. The opposite pole is Singapore, where renewing the Re-Entry Permit requires spending more than half the time in the country, and Taiwan, where the APRC is cancelled on absence beyond 183 days a year. The caveat: the absence of a presence requirement also means the absence of any tax effect.

What changes in Hong Kong from 1 March 2026

New CIES applicants are permitted to hold assets not directly but through a Hong Kong private company they wholly own, including a family-owned investment holding vehicle; at the same time the previous minimum age of the holding vehicle was removed. To access the family office tax concession, an FIHV needs at least two full-time employees in Hong Kong and operating expenditure from HK$2m a year, and the managing Eligible Single Family Office needs aggregate net assets from HK$240m. The point is to combine the migration status and the FIHV regime in a single structure.

Why the Japanese route is closed to passive capital

It never was open to it, and since 16 October 2025 that has become obvious. Business Manager requires share capital of ¥30m instead of ¥5m, at least one full-time employee with Japanese nationality or permanent status, a business plan certified by a qualified professional, and Japanese at CEFR B2 (JLPT N2 or a BJT score from 400). Extensions up to 16 October 2028 are assessed on the prospect of meeting the criteria; after that, compliance must be complete. Add worldwide income at a rate up to 55% and inheritance tax.

How realistic Singapore PR through the GIP is

According to a parliamentary reply, over ten years (2015–2025) around 450 people obtained the status: some S$500m went into businesses and a further S$430m into select funds, about half of approvals came through option A, around 40% through funds and only around 10% through the family office. Thresholds were raised in March 2023, processing takes around twelve months, and the applicant profile is gated by filters on turnover and assets. This is a selection, not a purchase (details).

What the Omani income tax means for the rest of the Gulf

It breaks the assumption of permanence. Royal Decree 56/2025 is the first personal income tax in GCC history: 5% on gross income above OMR 42,000 a year from 1 January 2028, with deductions for education and healthcare, zakat and donations, and a one-off two-year exemption for foreign income. Formally it binds only Oman, and the other five states have announced nothing similar. Substantively it is a precedent with shared budgetary logic, so a plan built on Gulf "zero" for a twenty-year horizon should be stress-tested against a low but non-zero rate (programme and regime change risk).

This material is for reference only and is not individual tax or migration advice. Parameters are stated as at 14 August 2026 and must be verified on the filing date.

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