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What financial evidence is needed for the Long-Term Resident (LTR) visa application in Thailand?

LTR visa financial evidence bank statements Long-Term Resident visa Thailand visa rules proof of funds

Apr 22, 2023

2 years ago

ORIGINAL POSTER

Hi. A question about LTR. I am applying it and the officer requested

"Please provide financial evidence showing a deposit of no less than 100,000 USD (or 25.000 USD in case of dependents only) which has been held for no less than 12 months at the time of application"

I submitted two times

1st time. The bank statement of this year request amount

2nd time. The bank statement on last year March which showed the requested amount Also showing bank statements on this year's March which also showed the requested amount

But I still received the same note to provide evidence. I  had emailed them two weeks ago. Just wondering what is missing

Thanks

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TLDR : Answer Summary

The user is seeking guidance on the financial evidence required for the Long-Term Resident (LTR) visa application in Thailand, specifically concerning the submission of bank statements indicating a deposit of $100,000 held for at least 12 months. Despite submitting bank statements on two separate occasions, the user continues to receive requests for additional evidence. Comments from the community suggest that the user might need to provide bank statements for every month of the past year or obtain a notarized proof of funds letter from their bank. There is also a discussion about the sufficiency of using an agent and the necessity to clarify specific requirements for different LTR options.

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Nigel ********

Think you need to clarify that this USD 100k is to substitute for the health insurance requirement. If so, I used 24 months of term deposit statements, showing 12 before date of application and that the deposit has 12 months to expiry.

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Dawn **********

Which LTR are you applying for?

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Todd *********

You need to show a balance in excess of $100k USD for 12 successive months. Submit 12 consecutive statements

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Bill ************

Just use an agent and not have any money in the bank and no headaches.

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Kat *****************

Bill Williamson how with no money in the bank?

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Todd *********

@Bill ***********

little of no benefit to using an agent for LTR application. It’s a pretty straightforward application process. You either have the necessary assets or you don’t.

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Brandon ************

@Bill ***********

doesn't work for LTR

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Brandon ************

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Phil ********

IF this is not referring to a monthly income or precise monthly balance:

I'd suggest you get a notarized "proof of funds" letter signed by the manager of your bank stating that the average balance for the past year has been 100k USD $ or £ or whatever the LTR requires. Then you could also include March's statement specifically showing the required balance, too.

A mate of mine did something like that.

YMMV

Cheers

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Russell *******

I thought it was 80, 000 dollars per year income to meet financial of LTV visa ?

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Todd *********

@Russell ******

that is true for LTR- Pensioner. But there are 4 other categories of LTR visa.

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Russell *******

oh . Are you saying the financial criteria for pensoner is different ? What is the minimum you can show? 🙏

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Russell *******

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Jovy ****

ORIGINAL POSTER

@Russell ******

1. A. International health insurance (travel insurance is unacceptable) policy covering entire course of stay in Thailand, with coverage for hospitalization treatment of no less than 50,000 USD and the remaining period of no less than 10 months OR B. evidence showing valid social security benefits which insures hospitalization and treatment in Thailand OR C. financial evidence showing a deposit of no less than 100,000 USD (or 25.000 USD in case of dependents only) which has been held for no less than 12 months at the time of application * Note: Must be in or translated into English or Thai language only If you wish to submit (A) later (however must submit before qualification endorsement process), please upload a signed the Document Request Acknowledgement Form for LTR Application

Please provide financial evidence showing a deposit of no less than 100,000 USD (or 25.000 USD in case of dependents only) which has been held for no less than 12 months at the time of application

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Russell *******

excellent thank you. Lots of great info 🙏

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Jovy ****

ORIGINAL POSTER

One of the required items

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Jovy ****

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Brandon ************

Only thing I can think of is they want the bank statement for every month for the last year. You can call them if you have any questions.

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Jeffrey *********

@Brandon ***********

That's what I ended up submitting - 12 monthly bank statements.

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Jovy ****

ORIGINAL POSTER

@Brandon ***********

maybe

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Jovy ****

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