How is the $80k passive income determined for the LTR wealthy pensioner visa in Thailand?

LTR visa wealthy pensioner visa Thailand immigration passive income BOI guidelines visa rules

Jan 16, 2025

2 days ago

ORIGINAL POSTER

I am looking into the LTR wealthy pensioner visa but can't find how they determine the $80k passive income. Is this income pre or post tax? If you have income which is tax free say from ISA's do you ( if the passive income is pre tax) add on the tax that would have been paid when demonstrating the $80 k income? I am unsure how you treat a pension income which is pre tax and other income which either post or no tax?

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TLDR : Answer Summary

The $80k passive income requirement for the LTR wealthy pensioner visa in Thailand is determined based on gross (pre-tax) income. This includes various sources such as pensions, interest, dividends, and rental income. The specific sources of passive income qualifying under this requirement need to be confirmed with the BOI. Recent discussions indicate that there may be upcoming changes to this income requirement depending on investments.

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Brad *******

This is from 8 mos ago but good overview....

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a day ago

Marty *********

It is pre-tax passive income. What they accept as passive income is something you will have to ask the BOI. You can apply online and present your various passive income sources. Once they start working on your application they will ask questions. There is no fee until your application is accepted.

a day ago

Andy **********

There are changes afoot. The $80k income requirement may be abolished if you meet an investment threshold. Cabinet approves easing of conditions for long-term resident visas

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152

a day ago

John **********

@Andy *********

no change for the LTR Wealthy Pensioner, that's for the LTR Wealthy Global Citizen

a day ago

Andy **********

@John *********

You don't know what the final changes will be. One can choose to be a wealthy global citizen or a wealthy pensioner, if one has enough moolah. Its an artificial distinction. And the Thai definition of a OAP doesn't match most Western definitions.

a day ago

Brandon ************

@Andy *********

it's not an artificial distinction. If you want to invest 500k in Thailand you can be wealthy citizen and don't need to show income anymore. The wealthy pensioner has no such requirement to invest so is a much better option

a day ago

Reply to

Brandon ************

Jim ********

It’s gross (before taxes) passive income. Pensions, interest/dividends, rental income etc.

2 days ago

Ruud ******************

@Jim *******

correct

2 days ago

Graeme ******

ORIGINAL POSTER

@Jim *******

in the uk i have stocks and shares within a tax exempt wrapper with the dividends paid into my account quarterly (no tax paid) do I add the uk tax onto these dividends for the purpose of the LTR ?

2 days ago

Jim ********

@Graeme *****

no you wouldn’t add no existent taxes…use the example before to explain your income. It must all be passive income you can’t claim any wages.

2 days ago

Graeme ******

ORIGINAL POSTER

@Jim *******

it is passive income not wages i am retired income comes from taxable pension and a number of other passive investments, it's a mixture of taxed and tax exempt passive income

2 days ago

Reply to

Graeme ******

Brandon ************

The BOI is the one who makes all the determinations and they are very responsive to questions. Suggest you reach out to them directly with any questions you have b

2 days ago

Graeme ******

ORIGINAL POSTER

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

do you have an email.or web address? Thx

2 days ago

Brandon ************

@Graeme *****

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2 days ago

Graeme ******

ORIGINAL POSTER