Answereda year ago
Does the financial requirement for the LTR visa apply only to the main applicant or also to dependents?
For the LTR visa, anyone know for certain whether the financial requirements only applies to the main applicant and NOT the dependent. For example, with the Wealthy Global Citizen's 1 million+ USD total asset (including at least 500k USD investment in Thailand). Does it mean if I am the main applicant and my wife is my dependent, we just need 1 million total, and NOT 2 million, is this correct?
Answer summary
The financial requirements for the Long-Term Resident (LTR) visa apply only to the main applicant. If you are the main applicant with a total asset of 1 million USD and at least 500,000 USD invested in Thailand, your dependent (e.g., spouse) does not need to meet these financial requirements, only the main applicant does. Several community members advised confirming with the Board of Investment (BOI) for accurate information.
7 repliesnewest first
Click comment and we will ask for your email, then OTP, then name.
Jim ********
Email the BOI.
Todd *********
You ONLY need to meet the financial requirements for the primary visa holder.
Ruud ******************
If you want the right answers, contact BOI, they are responsible to check if you meet the requirements and their service is totally for free
Brandon ************
Yes, it's only for the main applicant. The dependants just need the fact that you've received an LTR and then pay the visa fee.
John ****
OP@Brandon ***********
thanks Brandon. Do you know if let say we have invested in a condo worth 500k but it is in both our names, does that affect the investment total and only 250k get counted?
Eri ************
@John ***
We, my husdand and I did it for weslthy pensioners. My husband was the main applicant, claimed the co-ownd condo (both our names) not the double the required amount.You should ask BOI to clearly anyway though
Brandon ************
@John ***
That I'm not sure about. I know how regular immigration treats "communal" items but I don't know how the BOI treats them.Activity
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