Any LTR Wealthy Pensioners in this group? How did you meet this requirement? "A. Health insurance policy (travel insurance NOT accepted) covering the entire course of stay in Thailand and providing at least 50,000 USD for hospitalization and medical treatment in Thailand with no less than 10 months of remaining coverage." Any of you have BCBS Federal that covered this? TIA!
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TLDR : Answer Summary
The discussion focuses on the health insurance requirements needed for the LTR Wealthy Pensioner Visa in Thailand, particularly the demand for a qualifying health insurance policy that covers medical treatments with a minimum of $50,000 coverage. Various experiences shared by members include using Thai health insurance and BCBS policies, documentation needed for visa approval, and advantages of the LTR visa such as tax exemptions and reduced reporting requirements.
LONG TERM RESIDENT (LTR) VISA RESOURCES / SERVICES
So the Thais finally admit the 90 days report is just a money grab scheme! Expats need to keep pressuring the government to eliminate this requirement. Remember Thailand has over $ 50 Billion parked in unused real estate affecting it’s economy
I have the ltr visa. My insurance is issued by a thai company which is specific for your ling term residency here. You will also need to prove this every time you enter the country if you opt for e visa from you country embassy or you collect the stamp at boi in bkk and then no worries about it at all.
This visa offers many advantages and one in particular that is now a problem for many is that your tax exempt on any overseas earnings and tbh is an excellent option if you want to stay long term and the criteria is met.
Good luck with it, it is a big task gathering all the information required.
Forget LTR,, just do 60 day visa exceptions and visit another country every 60 days. Have fun and don't get caught up with all the rules. When you exceed 180 days, come back to america before you become a tax resident of thailand
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