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Answered2 years ago

Can U.S. pension, social security, and 401K monthly payments count as passive income for the Thailand LTR visa?

Thomas *******
asked Sep 16, 2024
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I searched through the "passive income" bar for the LTR visa and I was never able to ascertain if a U.S pension, social security and 401K monthly payment to reach the 80K yearly threshold an approved way to meet the criteria to get approved.
Answer summary
The inquiry about using U.S. pension, social security, and 401K payments to meet the $80,000 annual income threshold for the Long-Term Resident (LTR) visa in Thailand has been positively addressed by multiple community members. They confirmed that these income sources are acceptable as long as there is proper documentation, such as bank statements showing regular deposits. Some users noted the recent change regarding proof of income from the U.S. embassy and suggested using templates for documentation when applying.
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Faye ********
Faye ********
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Jim ********
Jim ********
Yes. I used the following cover letter as a template to explain my passive income. I put all my statements as attachments under the cover letter and made it into one PDF file and uploaded it into the BOI website.
Darin ********
Darin ********
Us no problem but you will need proof of income from USA embassy in Bangkok if applying in Thailand or applying in the USA for retirement visa before coming
Gary ******
Gary ******
@Darin *******
The US embassy does not give out proof of income anymore. They stopped that some years ago.
Darin ********
Darin ********
I’m Australian living on Army war pension in Thailand on retirement visa,12 months bank statement proving regular income payments to the value in Thailand of 800.000 baht.
Todd *********
Todd *********
Yes. No problem
Steve **********
Steve **********
A close friend just finished his and his situation is similar.

He had to show 24 months bank statements documenting the deposits for the entire period. So yes, as long as you can show the payment history.
Neil ******
Neil ******
That all meets the requirements.
John **********
John **********
You can count all kinds of passive income as i understand it
Andy *******
Andy *******
Yes, should be no problem if all is documented.

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