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Answered3 years ago

What are the benefits and application process for the LTR 'Wealthy Pensioner' Visa in Thailand?

Dave *********
asked Mar 27, 2024
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Got my LTR “Wealthy Pensioner 10 year Resident Visa” stamp yesterday (5 years initially, renewable for additional 5 years, for a total of 10 years)

Very happy w the whole process which was fairly straightforward. Took approx 25 days from start to finish, and I did NOT need to use an Agent.

Cost is one time fee of 50,000 baht and includes Multi-entry permits for every year.

Basic Privileges of LTR Visa:

- 10-year renewable visa.

- Fast-Track Service at international airports in Thailand.

- 1-year reporting to the Immigration Bureau instead of every 90 days.

- Multiple re-entry permit for every year.

- Permission to work in Thailand (Digital Work Permit).

- 17% personal tax rate for Highly-Skilled Professionals.

- Tax exemption for overseas income.

- Immigration and work permit facilitation at One Stop Service Center.
Answer summary
The post discusses the successful application for the LTR 'Wealthy Pensioner' 10-year Resident Visa in Thailand, highlighting its straightforward process, which took approximately 25 days without the use of an agent. The LTR visa costs 50,000 baht, which includes multi-entry permits for each year. Key benefits of this visa include fast-track service at airports, reduced reporting frequency to immigration, permission to work with a digital work permit, a lower personal tax rate for highly skilled professionals, and tax exemptions for overseas income.
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Tod *********
Tod *********
Congrats, (y) well done.

remember people the LTR visa is sold thru the BOI website at this link

Apply there, read about the requirements there

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