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Answered2 years ago

What is involved in applying for the LTR Visa in Thailand?

Oliver **********
asked Oct 16, 2024
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Well…. this is the best news I’ve had in a long time. Did it by myself, took about a month and a half.
Answer summary
A user successfully obtained their LTR visa after a month and a half of effort and shared their experience. Comments from others highlight the challenges of proving passive income for the Wealthy Pensioner category, the benefits of the LTR visa for taxes, and provide a link to apply through the Board of Investment Thailand. Clarification about the Wealthy Pensioner category being the most accessible for many expats is also discussed.
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Tod *********
Tod *********
You apply for the LTR thru this webportal run by the Board of Investment Thailand

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Sandy **********
Sandy **********
WHAT ALL IS INVOLVED WITH GETTING THIS LTR VISA ? Jim ?
James ********
James ********
@Sandy *********
proof of annual income of $80,000 or more.
Oliver **********
Oliver **********
OP
@James *******
$80k in PASSIVE income. Pension, investments, rental income, etc. Employment income is not accepted.
Oliver **********
Oliver **********
OP
For wealthy pensioner category, yes - 50. For the other categories, no age limit
Elise *********
Elise *********
@Oliver *********
is there an age minimum?
Dennis ********
Dennis ********
James ********
James ********
@Oliver *********
**************************************************
James ********
James ********
@Oliver *********
you are correct ✅
Oliver **********
Oliver **********
OP
@James *******
Not sure what to tell you, they were very clear in the application process that the income had to be passive and that any employment income was not counted. Of course it’s Thailand, so we all know that what individual officers and/or locations say may differ
James ********
James ********
@Oliver *********
agreed 👌.

BUT here's what the requirements are for the LTR Visa as stated on the Washington DC Thai Embassy website..

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"3.2 Wealthy Pensioner

- Personal income of at least 80,000 USD/year at the time of application "
Michael ********
Michael ********
Good for taxes too. ;)
Oliver **********
Oliver **********
OP
@Michael *******
Exactly. That’s the main reason I went after it.
Michael ********
Michael ********
@Oliver *********
Sweeeet. 😎
Goodd *******
Goodd *******
In my experience the most difficult part is proving passive source of income (if you’re applying for wealthy pensioner). Good luck with it.
Oliver **********
Oliver **********
OP
@Goodd ******
It wasn’t all that hard. Revenue Canada (Tax) statements and they were perfectly happy.
Marc *********
Marc *********
@Oliver *********
But tax statements dont really prove if its passive or by working no ?
Oliver **********
Oliver **********
OP
@Marc ********
Canadian tax statements (T1) break down employment income, pension income, capital gains, investment income, etc.
Michelle *********
Michelle *********
@Oliver *********
which embassy did you apply through?
Brandon ************
Brandon ************
@Michelle ********
you don't apply through an embassy, you apply with the BOI office
Divya **********
Divya **********
Congrats. Under what category did you get the LTR visa? Wealthy Retiree?
Oliver **********
Oliver **********
OP
@Divya *********
Yes. Wealthy Pensioner LTR, but I’m a bit uncomfortable with the term. Comfortable? Yes. Wealthy? I’m not as sure
Michael ********
Michael ********
@Oliver *********
7k USD passive income a month is fairly wealthy for an Expat in Thailand. :)
Divya **********
Divya **********
@Oliver *********
Yes, that category is the easiest one to qualify for LTR visa. Other categories are very limited and specific.
James ********
James ********
Congratulations on getting the LTR Visa.

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