Answereda year ago
What are the steps to apply for the Long-Term Resident (LTR) visa for Thailand?
Hi all!🤚 This is my first post and the question ❓️is very specific regarding the LTR visa. All I know is the info in the pic. What order do I take steps to get the visa? Suppose, I go to Thailand ✈️to open the bank account💰. How much money has to be in the account? What's the next step? What other documents do I need to prepare before flying to Thailand? Would 3 - 4 weeks be enough for obtaining the LTR visa before returning to England? We own a condo in Pattaya in case it makes a difference. Thank you all in advance, bullet points in the correct order would be much appreciated 😇🙏
Answer summary
To obtain an LTR visa for Thailand, follow these steps: 1. Apply online through the BOI website without needing to fly to Thailand. 2. Prepare necessary documents, including proof of funds (government bonds might be required). 3. Once approved, receive your endorsement letter valid for 30-60 days. 4. Choose to apply for your visa online through your Thai embassy or collect it in person in Bangkok after making an appointment. 5. If applying through the embassy, expect additional fees; if in Bangkok, pay the required 50,000 baht directly. Note that the application process may take 1-3 months.
39 repliesnewest first
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Andre *********
There is a review after 5 years to ensure your finances haven’t fallen below the threshold
Peter ******
Or you could look it up on Google ! Or contact the embassy ! But no ask random dumb questions on Facebook !
Rudite ****
OP@Peter *****
People who write comments like you should be banned from this group. 1.The attached pic is from Google. 2.You can't get through to the embassy which is the new normal these days. Next time keep your sarcastic comments to yourself.
Jesse ******
@Peter *****
Or you could reply a snarky comment instead of simply scrolling by. In a world where you can be anything, be nice. If you are tired of the same questions or questions that you consider "stupid", scrolling by is easy and free.
John *****
Another tip, join one of the Facebook groups that specifically discuss the LTR Visa
Einat *******
@John ****
Any recommendation on a good group?John *****
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Jim ********
Best Visa by far!!
Karsten *********
My application is still pending. From the agent I was requested lots of additional KYC like documents. I was told I needed to buy government bonds instead of Thai stocks. Good luck. Look forward hearing more about how it develops.
John ******
@Karsten ********
you do not have to buy anything. You need the money in your account or as your income.Todd *********
@John *****
he is likely applying for category other than retireeTodd *********
@Karsten ********
what’s the current interest rate on Thai govt bonds? $500k USD?Karsten *********
@Todd ********
They use an old exchange rate from last year. You need close to 600k usd. Is the current rate 2%? Must be valid for at least 5 additional years more. Is the Thai stock market currently on a 14 year low?Unkempt*******
@Michael ******
because I meet the income requirements from my pension and I am not locked into a property and can keep my investments where I like.
Michael *******
UnkemptClam444 Why not just invest 10 Million baht in a property to get the investor visa?
Unkempt*******
@Todd ********
I just read it today and if you have a 40K USD annual income, then you need to invest 250K USD into govt bonds OR Thai property. 80K USD requires no further investment.
(Wealthy pensioner category)
Todd *********
@Karsten ********
huh, that's a little annoying at near $600k. Be interesting to see if they change Jan 1. I'm not sure if it's 14 year low? Maybe, but i would far prefer to be invested in the SET than any bonds regardlessBrandon ************
@Karsten ********
I'm fairly certain stocks do not qualify for LTR.
Chris ********
@Brandon ***********
but dividends yesChris ********
@Brandon ***********
this aspect of the dividends remains true wherever the investments are made, in Thailand or abroadBrandon ************
@Chris *******
this isn't about income. It's about qualifying for the investment in Thailand part
Kennys *****
This is bs
Unkempt*******
@Kennys ****
how is it BS? I’ve got the visa as a wealthy pensioner. Cost me 50,000 baht and a few hours of my time at the office to get the stamps into my passport. I can even get a work permit for 3000 baht more IF I wanted to work.Todd *********
@Kennys ****
lol. Nope
Philip *****
@Kennys ****
it’s good because no UK tax to pay
Ken *******
@Kennys ****
Yes its more than 50k!Todd *********
@Ken ******
no Ken - it’s 50k for 10 years tax free multi-entry. Best visa Thailand has ever offered. And dirt cheapTodd *********
@Ken ******
for retirees, all you really need is $80k annual income. If you qualify, it's 100% the best visa. No tax. And never visit immigration office or bank for a decade.
Goldie ********
@Todd ********
Sure is.Ken *******
Restrictions? must have millions ? why ppl not going for this? I done my yearly last month.
@Che***
Marty *********
@Ken ******
The LTR visa fee is 50k baht but the wealthy global citizen category has additional financial requirements.Brandon ************
You don't have to fly to Thailand at all if you don't want to.
The entire application process is online. You apply through the BOI on their website
The application process can take 1-3 months, depending on how complicated your situation is.
Once you are approved, you will receive an endorsement letter that is valid for 30 or 60 days, I forgot which one.
They will then ask you, do you want to apply for your visa through your Thai embassy online, or do you want to go to Bangkok to pickup the visa and have it applied into your passport?
If you want to get it from the embassy, you will apply online with your endorsement letter, and pay whatever your embassy charges, likely more than the 50,000 baht stated as the price. Your visa will then be a printed pdf document that you have to carry for 10 years along with your passport.
If you want to go to Bangkok to get it, you will need to make an appointment with the BOI to go into their office at One Bangkok and they will take you over to the immigration office where you will pay exactly 50,000 baht and receive the visa in your passport, so you won't have anything extra to carry around.
The entire application process is online. You apply through the BOI on their website
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The application process can take 1-3 months, depending on how complicated your situation is.
Once you are approved, you will receive an endorsement letter that is valid for 30 or 60 days, I forgot which one.
They will then ask you, do you want to apply for your visa through your Thai embassy online, or do you want to go to Bangkok to pickup the visa and have it applied into your passport?
If you want to get it from the embassy, you will apply online with your endorsement letter, and pay whatever your embassy charges, likely more than the 50,000 baht stated as the price. Your visa will then be a printed pdf document that you have to carry for 10 years along with your passport.
If you want to go to Bangkok to get it, you will need to make an appointment with the BOI to go into their office at One Bangkok and they will take you over to the immigration office where you will pay exactly 50,000 baht and receive the visa in your passport, so you won't have anything extra to carry around.
Melanie **********
@Brandon ***********
Thank you so much for sharing!This is possibly one of the best responses I’ve read.
Would love it if you share other key topics in such a clear, concise way! This is great!
Steven *******
@Brandon ***********
I am wondering doesn’t he need to buy Thai health insurance to get LTR visa approved?Brandon ************
@Steven ******
No Thai health insurance required. Just insurance that meets the requirements, can be from anywhere. Or proof of $100,000 in the bank.But this post is not about specific requirements. They haven't even started applying yet, so it's not relevant to the post.
Goldie ********
@Brandon ***********
It's 60 days
Robert **************
@Brandon ***********
your a wealth of knowledge and I appreciate all the help and advice you’ve not only given me but countless others. Thank you
David *****
@Brandon ***********
thank you for the thorough explanationRudite ****
OP@Brandon ***********
A massive thank you! 😊 I'll check out the link over the weekend.Activity
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