What are the personal income requirements and bond investment conditions for the LTR visa's wealthy pensioner category in Thailand?

@Jolene **************

unfortunately not. But when he turns 50, can apply on his own and then add you as spouse to his visa. Both visas cost 50k baht but only he needs to prove the $80k passive income. You would not need to

@Dayna *****************

LTR is 50,000 THB, the DTV is 10,000 THB. The DTV is not tax exempt, so you have to work out your own tax situation

@Jim *******

It's ONLY a case of not qualifying. If you qualify it's a no brainer. It's a fairly high bar they set, i'm not sure why that is, but it is what it is. And if you wish to stay beyond 180 days in Thailand on DTV, you need an extension. The 'perks' are meaningful to anyone who would qualify. Tax exemption if you plan to reside here including money you bring in for a home or condo. Tax free global investments and you can exit your home country for tax purposes. That's not a 'perk', it's an integral planning structure for anyone with the income to qualify. Why spend 50k instead 20k+++ (depends on if you extend or not) for 10 years of multi entry? Because you don't need to exit every 180 days, you don't need to stand in line at the airport as you have FastTrack in and out. You never need to report to anyone if you leave annually. (which every LTR holder will likely do). DTV is a great visa for it's target audience of digital nomads regardless of age. But as a retirement visa, DTV is inferior in every way to LTR.

@Todd ********

Yeah but for those retirees who travel a lot, there's no extensions required, you just bounce in and out whenever you travel. It all depends on the individual's situation. I only bring in money from a closed super account so I pay zero tax anyway, I don't need any further tax incentives in Thailand, and I'm sure there's many others. I certainly will never be buying any property in Thailand. I pump my money into Australian real estate which offers fabulous rental and capital returns. A week's rent from just one of my negatively-geared properties pays for six weeks rent here. Anyone can buy fast track at the airport for a few dollars, although I just flash my Aussie Government Seniors Card and get guided to the priority lane! The LTR might suit some, but for me, there's no competition - the DTV wins on all counts!

@Jim *******

best of luck with your application then Jim. Hopefully i live long enough for a seniors card.

@Todd ********

I don't think you're an Aussie so you won't get one! All Aussies over 50 get one! 😂😂😂

@Dayna *****************

I assume by principle you mean savings? They want to see passive income. If you have interest income then submit those documents too. I just have a work pension and Social Security and that all shows up on my tax return.

@Dayna *****************

savings accounts will not help. The principal is irrelevant for this application, but the income or dividends it throws off does count

@Dayna *****************

No. They want to see income. Not savings.

@Dayna *****************

I don’t know about bonds but if you are going to go that route the you also need $40,000/ year passive income.

i'm not american, so not sure. But someone here will know. Also check on that LTR FB link that Tony provided. Someone there will definitely know

@Dayna *****************

They want to see the money you pulled out of the 401k. A 1099R or a tax return also does that - if it is a return for just yourself - not a joint return