How can I prove my company meets the $150MM revenue requirement for an LTR visa in Thailand?

For me ,in addition to reportable income, I take funds on a monthly basis from non registered funds and provided bank statements to support the payments

Just call the BOI and ask them what documents they r looking for to prove combined revenue for a Private company. They r very good at providing answer to questions like these for the LTR.

Are you also an Investor/shareholder in the Private company? If so then the financial info should be in the annual report to investors. Usually not made public BUT shareholders are entitled to the annual report.

For insurance I used AIA. You can get it thru Bangkok Bank or an agent.

BOI help line. They speak decent English.

02-209-1100

+66 2-209-1100 (from outside Thailand)

Note that the revenue requirement is NET revenue and not GROSS revenue. This makes the requirement a bit more stringent and to validate likely requires the company to share financials that they will be reluctant to share.

did you directly ask

@LTR **************************

for any possible sample of what they are looking for?? usually, they are pretty responsive to various questions and inquiries to visa applicants....

non-public companies (private companies) at the USD$150 million in 3 years revenue class ( ~$50 mil/year in revenue) do need to submit financial statements (could audited or not) to various regulatory agencies (either national/central/federal level gov't or local/provincial/State/regional/county/district/city level gov't) besides the various tax filings and tax reports around the world....

i would ask your Company for something that they would be willing to provide for your Thailand LTR Visa Application; or,

do what Thai Citizenship or Thai Permanent Residency applicants often have to do:

the Company doesn't give you a copy of the Company's financials to submit to Thailand BOI, but the Company will directly provide a copy of their financial statements to Thailand BOI on behalf of your Thailand LTR Visa Application....

I've got an idea. The new rules allow wholly owned subsidiaries to use the parent company. Go look at that rule and see if you can use the PE parent company financials if they are public.

One of the main flaws to the current interpretation is the audited financials. Non public companies almost never have audited financials outside Thailand, where even the smallest company needs an audit.

Audited accounts should be a public filling.

1. I have submitted 3 years worth of Audited Statement of Accounts to support my application.

2. Depending on individual's preference， you may want to get a basic insurance coverage that does not cost much but it meets the requirements as set out for the application, that is a coverage of USD50K or THB2M.

3. You do not really need an agent for this. It is not that difficult if you can provide exactly what BOI is looking out for.

Mine was approved under the Work From Thailand Professional scheme as well.

@Brandon ***********

any ideas on this post?