Answered9 months ago

How does the Thai government calculate passive income for the LTR visa application?

LTR Visa Passive Income Requirements Thai Immigration Rules Expat Finance Rental Properties Retirement Visa

ProductiveC***********

asked Jan 13, 2026

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This may seem like a stupid question, but dont come for me!..I'm trying to crunch the numbers to qualify for the LTR visa. It seems like the best deal for my family of 4. My husband is retiring this year. He is ex military and we have rental properties. I think we are about $10,000 per year shy of the passive income requirement, but maybe not? For passive income, does the Thai government go by how much gets deposited each month or by how much you have left over after the mortgages are paid? Ex: $2000/mo rent for a property with a $1000 mortgage. Are they looking at that as $2000 or $1000 in passive income?

Answer summary

The Thai government assesses passive income based on the gross amount received, not the net after expenses like mortgages. For the LTR visa, an annual gross passive income of $80,000 is required, factoring in rental incomes as deposited rather than what remains after deductions.

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Jim ********

It’s Gross (before taxes/expenses). $80k passive income. Use a cover letter to explain your income, add enclosures, PDF into one document and upload into the system.

FYI Tricare meets the insurance requirements. But you will need a letter from the DHA to confirm the dollar amount. Let me know if you need help.

9 months ago

Deslea ********

When we looked into this, preliminary discussions with a visa agent suggested that basically if your evidence is your tax return and it adds up to the required amount of income in the “income” fields of your tax return, it counts. They don’t care what happens in the “deduction” fields or what that turns into for net taxable income. Now that was one agent’s statement getting on for a year ago so don’t take as gospel, but it’s an indicative comment you could cross check with other agents.

9 months ago

Jim ********

@Deslea *******

you can also include tax exempt income that is not on your tax return such as VA disability, tax exempt interest in bond accounts, etc. All passive income can be used to calculate the $80K.

9 months ago

Jo **********

@Deslea *******

that’s correct

9 months ago

Dave *******

layman's comment: my understanding is that immigration wants proof you have financial resources to fall back on if something bad happens. You own a rental property! (the experts can explain the details but that's roughly it)

9 months ago

Steven *********

@Dave ******

i have an LTRV for pensioners. The income requirement is $80k USD per year before expenses.

9 months ago

Ivan ************

@Da**

the LTR visa is a specific visa that requires US$80,000 (about 2.5m THB- but it's specified in USD) annual passive income. It's an amount far in excess of what they need for a regular retirement visa (only 800,000 THB/year).

9 months ago

Dave *******

@Ivan ***********

thank you

9 months ago