Applying for LTR WP Visa, im in the fial review stage, however im reading the Visa stamp process, it says i will get stamped is what is remaining time on my home country passport which is two years remaining, so to me this means I will only be truly eligible for 7 years, because I will need to reapply after my 2 years remaining on my passport will expire, also to get another stamp I will need to reapply to BOI, to see if im still financially eligible. So to me its not actually 5+5 in reality its what's remaining on your passport and when you renew your passport you will have the chance to apply for the additional 5 years. I would need to pay $3200 usd for me and my spouse and another $3200 usd if we choose to reapply for the additional 5 years?? Maybe im reading the rules wrong, it looks like I'll be short 3 years
TLDR : Answer Summary
The user is concerned that the validity of their passport, which has two years remaining, will limit their eligibility for the Long-Term Resident Work Permit (LTR WP) Visa to only 7 years instead of the intended 10 years as they will need to reapply after their passport expires. Comments clarify that upon obtaining the visa, the user can transfer it to a new passport at the BOI office when needed, without incurring any additional fees, ensuring that they maintain their 10-year visa.
LONG TERM RESIDENT (LTR) VISA RESOURCES / SERVICES