For those who qualify, I believe it is the best Thai Visa available today.
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TLDR : Answer Summary
The 10-year LTR Visa is considered one of the best options for expats in Thailand, especially for those who can meet its criteria. Key points discussed include the types of investments required (like buying Thai bonds or property), potential costs, benefits over other visa types like the DTV, and concerns about qualifying. While some view it as beneficial due to its long-term nature and possible tax exemptions, others express skepticism about the investment requirements and accessibility for average expats.
For wealthy individuals holding at least USD 1 million in assets. An annual income of at least USD 80,000 for the past two years. Minimum investment in Thailand of USD 500,000; This could be Thai government bonds, company shares, real estate, or any combination.
Thanks a lot for sharing. I have a question for the High-skilled professionals. I’m an academic professor who works at university and I meet the personal income requirements (option 2) with a PhD in economics.
Would I be eligible anyway since the news says the LTR is expanded to professors across all fields?
James ********
ORIGINAL POSTER
Anonymous participant 849 suggest you ask your good question with the Thai Board of Investment. They are VERY helpful and reply to questions.
They said that to be eligible as a university professor, I should be
employed in a Thai university. But I were permanently employed in a
Thai university, I would already have a work permit and regular visa,
so why should I apply for a ltr visa? It sounds a contradiction to
me...
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Anonymous ******************
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Rob ********
Not sure if anyone’s addressed this question
Can passive income be considered a combination of actual private pension and any way that you pay yourself into a Bank account (from brokerage asset withdrawals, for example) that adds up to 80K per year? We’d be about 25k short including social security and private pension but have way more than enough in 401K and IRA accounts to create 80K in passive income
Sam ******
IF thailand government open visa free to west Europe, America, korea etc who make a higher GDP countries. They will make a lot of money helping economy
Dtv all the way and if ya lucky to have around 25 000 new Zealand dollar ya will pull it off go for cooking classes or thai soft power dtv visa is called if you dont have a online business
firstly, hardly anyone does the extension. Secondly, if you are not leaving the country at all you missing the point of being in south east Asia. The border bounce is fine.
there's many people who meet the requirements for the Wealthy Pensioner... Earning US $80,000 or more annually... but NOW only one year proof required...vs two years required before.
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James ********
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Danny *******
LTR visa is for long term relationship with a Thai girl?
"investment in Thailand".. this is an oxymoron. You don't 'invest' in Thailand. You spend money here, with no expectations of ever seeing a real return. As the old saying goes; invest in home.. spend in Thailand.
Wrong. LTR category "Highly skilled professionals" has 17% but no exemption on foreign sourced income. The other categories have the exemption but not the 17% preferential rate.
yeah I get it. I got the DTV because we don't stay in Thailand for longer than 180 days anyway, so we avoid the tax issues. 90 day report isn't a huge deal for me either as you can do it online.
I qualify for both, and it makes sense if you never leave, but if you're a wealthy pensioner or someone like that most likely you're leaving periodically for vacations, business, etc anyway.
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Anonymous ******************
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Aliz ****
Please can someone explain what "intellectual property ownership" means? 🙏
For "Wealthy Global Citizens", some people can give me informations on what "investment" mean, if i buy 500k$ thai bond ? , if i buy 5 condo of 100k$ each ? , can i mix the 2 ways ?! (200k thai bond, 3 condo for 300 examples ?).
The main problems of this , i hear that i need to do the investment before, and apply for the visa after .. and you can still be declined the visa .. ( invest 500k to get a visa cancelled look not good .. )
there are 5 categories to apply for PR in Thailand. I know it well, I have it.
I wrote a little bit about them here and the numbers were checked today. PR is opened now until 15th May and this is rare. It normally opens around December each year.
No 90 day reporting. Only yearly reporting. No yearly visit to immigration for extension renewal. No income tax liability on foreign income remittances to Thailand (wealthy pensioners). No need to exit the country for 10 years.