Hello everyone.
Today I got my LTR-R visa stamped🥂🍾 🎉
I just read the Nick M. complex experience…
My experience:
Compared with the “regular” 1 year retirement extension, it was a rather easy process.
I initially applied with a combination of pension income + property investments in Thailand.
Using Thai property as proof of income is quite cumbersome and for several reasons my initial request was rejected.
Switched to pension + US dividend income and the process was much easier and faster and I got my visa approved in less than 3 weeks.
The BOI LTR office is truly helpful and very responsive. For every question I posed, the reply was always within the next day!
The main benefits of the LTR visa are:
- 10 years visa (5+5) rather than 1 year.
- the 12 months police report rather than 90 days which means, practically no more reporting.
- no need of any bank deposit (800k)
- LTR is a multi entry visa by default
- it costs only 5k/year thus 50k for the 10 years
- the application process is fully online (with some software hiccups though…)
- it can be definitely a do-it-by-yourself process, no need of agents at all.
On the other hand you pay 50k upfront for a 10 year visa but it is in reality a 5+5 years. At 5 years they will check if you still meet the LTR-R requirements, so there is a little risk there.
If anyone is going through the process and have any question, please feel free to ask.
Cheers.
TLDR : Answer Summary
The user shares their experience obtaining an LTR-R visa in Thailand, highlighting its advantages over traditional retirement visa options. They found the application process easier using pension combined with US dividend income, receiving approval in less than three weeks. Key benefits include a ten-year visa validity, reduced reporting requirements, absence of mandatory bank deposits, and cost-effectiveness. The user emphasizes the helpfulness of the BOI LTR office and encourages others seeking this visa to ask questions about the process.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
- For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
- Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
