What are the benefits and application process for the LTR visa in Thailand for expats?

The conversation discusses the LTR (Long-Term Resident) visa in Thailand, particularly focusing on the Wealthy Pensioner category. Several users share their experiences with the application process, which reportedly takes about 8 weeks, and the benefits of the LTR visa, such as tax exemptions, no need for 90-day reporting, and multi-entry permits. Additionally, the taxation rate of 17% is addressed, specifically applying to high-skilled professionals. The benefits of using the BOI (Board of Investment) site for application are highlighted, and users share links and personal insights into their visa experiences.