Happy to report that I received my LTR-P. It took fewer than 30 days from start to finish. Everything went very smoothly, with both BOI and the Royal Thai Embassy, DC being very responsive to my email inquiries.
Timeline:
7/3 - Submitted application to BOI
7/6 - Received response from BOI requesting medical insurance cert; applied for EasyCare Visa plan with AXA
7/16 - Received medical insurance cert from AXA and submitted to BOI
7/19 - Received BOI endorsement, submitted eVisa application to Royal Thai Embassy DC
8/2 - eVisa received via email
I was able to qualify with income from dividends and capital gains alone (no pension). Documentation submitted includes past two year tax returns and bank / brokerage statements for non-taxable accounts. I made an easy to understand income summary with color-coded references to various documents and statements. I suspect this made things easier for the BOI staff.
The eVisa was emailed to me. It states a validity period of 10 years. But also stating “Length of stay in Thailand: 5 year(s).” I emailed both BOI and the embassy to inquire about exactly what this means - and what documentation will I need after 5 years. Will update here when I hear from them.
I’ll be happy to answer any questions about my experience. See you in the Kingdom!
TLDR : Answer Summary
The author successfully applied for a Long-Term Resident (LTR) Visa in Thailand, detailing a timeline of their application process over a month. Key steps included submitting the application to the BOI, securing medical insurance, receiving endorsements, and getting the eVisa. They qualified based on passive income without a pension, submitted detailed documentation for clarity, and highlighted the visa's 10-year validity with a 5-year stay. Comments provide insights on the renewal process after 5 years, with discussions on the nature of acceptable income sources like capital gains.
LONG TERM RESIDENT (LTR) VISA RESOURCES / SERVICES