What income documents are required for the 10-year Wealthy Pensioner Visa in Thailand?

Nov 2, 2023
a year ago
Dave *********
ORIGINAL POSTER
What exactly is the “income” documents immigration requires for the 10 year Wealthy Pensioner Visa? Monthly Rental receipts?

Annual SSA-1099?

Annual Tax returns?

Mortgage free Deeds?

Anyone done this before and can give insight on income documents needed. It’s really vague on Google searches.

Thanks
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TLDR : Answer Summary
To qualify for the 10-year Wealthy Pensioner Visa (LTR Visa) in Thailand, applicants are typically required to submit various income documents. Based on insights from individuals who have successfully obtained the visa, the key documents include: - **Tax Returns:** It's common to provide the previous two years of tax returns, ensuring that significant pages detailing non-earned income are included. - **1099 Forms:** Annual 1099 forms are also typically submitted to verify sources of income. - **Bank Statements:** Statements showing dividends and interest received over the past 12 months can be required; these should be translated and notarized if not in English. - **Pension Documentation:** For those relying on pensions, documentation demonstrating this income, such as the previous year’s tax return, is often sufficient. Advisors recommend summarizing income sources in a cover letter to facilitate document processing. Some individuals mentioned that application requirements might change over time, so it is advisable to check recent updates from immigration authorities.
LONG TERM RESIDENT (LTR) VISA RESOURCES / SERVICES
Ol ****
I just sent them bank statements showing dividends and interest received of the previous 12 months. Just had to get the non english one translated and notarized.

My LTR-P visa was approved in January.
Doug ******
My LTR was just approved yesterday. I provided 2 years of tax returns. Not all pages were included. Just the ones that had the info they were looking for to prove non-earned income. Also included 1099s for each year. I made it easier by summarizing income sources with a cover letter for each year.

One thing to note is they only will include
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your income if it’s a joint account (i.e. investment income).
Marty *********
I got my 10 year pensioner LTR in January inside Thailand. My income is a simple pension. I gave them my previous year US tax return. I believe that now you have to give them 2 years of tax returns. My income was simple and they never asked me about it again. Whatever you submit on the application, once they start working on it they will ask questions and it will easy to communicate with them.

I had previously had an OA visa and my insurance certificate satisfied the insurance requirement.

I described my whole experience on this site last January but my experience may be a little out of date one year later.
James ********
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James ********
For High-income Foreign Retirees:

Must present a health insurance policy covering medical expenses in Thailand no less than USD 50,000. The remaining coverage period shall not be less than 10 months on the date of the application, OR provide evidence of savings of at least USD 100,000 held in a Thai or overseas bank account for no less than 12 months before the date of application.

High earners must have proof of personal income of at least USD 80,000 annually at the time of application

In case of having personal income only between USD 40,000 to USD 80,000/ year, the applicant must invest at least USD 250,000 in Thai government bonds, foreign direct invest or Thai property
James ********
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Iliana *******
@James *******
thank you very much, very useful information
James ********
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