What is the process and timeline for obtaining a Long-Term Resident (LTR) Visa in Thailand?

Aug 3, 2023
a year ago
Alex *******
ORIGINAL POSTER
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!
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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
GL ******
Just got mine & eVisa too. What happens at first entry? You show eVisa & get a stamp on passport? Then use that for subsequent travels?
Jo **********
@GL *****
yes it’s a pain. I have a LTR for remote working and fly in and out every month. I need show that paper every time.
GL ******
@Jo *********
That is indeed a pain. Did they gave you a passport stamp on first entry? Why did they make this less convenient than non-eVisa?
Jo **********
@GL *****
you get it! just have the paper. They should give a card like all other countries
GL ******
@Jo *********
but all other Thai visa is via inspecting a stamp on the passport? Why is LTR being penalised … sigh? They should just have the QR code sticker on passport & scan away whoever huh?
Jo **********
@GL *****
agree
James *********
Congrats!
Alex *******
ORIGINAL POSTER
@James ********
thanks man!
Todd *********
I asked them (at their offices) specifically about what the 5 year requirement might be. They were quite frank in acknowledging they had no idea yet.

But assured me the requirement would be less onerous than the application itself
Alex *******
ORIGINAL POSTER
@Todd ********
ha interesting. thanks for the heads up
Todd *********
@Alex ******
maybe they offer something new at this point. That was in November. But I expect an announcement from them at some point.
Alex *******
Were the capital gains a significant part of the total, if this is something you are happy to share? I am asking because I have heard that the BOI does not really like capital gains very much since they are not necessarily sustainable
Todd *********
@Alex ******
they want proof of income for 2 years. They don’t seem critically worried at all about where the income comes from.
Colin *******
@Todd ********
Yes, indeed. Despite the legislation, and the BOI website stating that the passive income is at the time of application for WP status (all other types of LTR visa clearly state 2 years), the processing staff really do kick up a fuss if you are newly retired and only have one years passive income. They also do not really like income that can be variable. Overreach or maybe just not really understanding the legislation and easier to request 2 years. Nobody ever got into trouble by being too cautious I guess :-)
Alex *******
ORIGINAL POSTER
@Alex ******
it was ~20% of my income in ‘21, and 12% in ‘22. boi didn’t ask any questions in my case.
Marty *********
I got my pensioner LTR. In January based on a pension. It is interesting to see that someone has had success with other passive income. Congratulations
Alex *******
ORIGINAL POSTER
Marty Pollard thank you!

i emailed BOI early on and asked specifically if other types of passive income would qualify. they said yes, and it was so!
Brandon ************
After 5 years you'll do the application again like you're starting from scratch. The only difference is you don't need to pay this time. So it's a fresh qualification.
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