What should I know about the Long Term Resident (LTR) Visa in Thailand for retirement?

@Patricia ******

Google LTR BOI

@Dennis ******

On the BOI website it is advertised as being for wealthy pensioners. Not so wealthy in the US but here in Thailand . . . I guess so

@Dave *********

could you possibly do this also? Thanks in advance!

@Dave *********

DM sent

@Frances *******

long term resident. It's a specific category of visas, with different ways to qualify.

@Frances *******

long term resident

@Don ********

80k is a joke. Not worth the price. Since the LTR only costs 50,000 and if it doesn’t work the. Just get the regular 2000 Bhat retirement visa. It’s adds up to 20,000 over 10 years just more reporting.

@Sam *******

I fell in a similar situation. But my tax returns do not show my guaranteed income. I produced the beginning and ending statement for each year for 10 years. I also produced the last tax return (as I don’t have to file returns) that was for documentation because I sold a house that was untaxable. You have to get creative with the proof. I wrote an executive summary and they understood. They even commended me on my use of the tax system. I was approved in less than a month when they first opened the program.

My husband and I applied for the LTR remote worker visa (qualified in all aspects) but after repeatedly being requested to resubmit the same information multiple times we have finally given up. The BOI staff was helpful but just could not understand unlimited private international health insurance (even with a policy summary and highlights) and then they started requesting the financial statements of our NYSE employer. We could never get past customer service in our numerous calls to them. Eventually, after a couple months, the remaining months on the health insurance policy became too low which would have required a purchase of a separate policy. Also, the requirement to reapply and pay another 100,000B (2 people) when we switched from remote work to wealthy pensioner in 5 years wasn’t worth it.

@Nigel *************

'from USA'

@Don ********

four agents at this moment. I am using one

@Don ********

did my own as easy.

@Don ********

i doubt i you are right..oversees income is either charged in Thailand or if dubbeltaxtreaty then in other country. That is for retired ltr person. But indeed one of the four ltr visa, the one with which you work in Thailand gives you a taxbenenefit

@Don ********

you don't need a licence to assist with the LTR application. They don't have resellers like the Elite. It's offered through the BOI instead

@Ma**

I did not do it but I asked that specifically in another group.

@Steve *********

how do retired military qualify?

@Steve *********

still love my LTR on year two with it, .

@Marty ********

I am over 50 years old..pay 1900bt per year..takes 2 hours in phuket..job done

@Marty ********

you need to bring to thailand 80k usd passive income every year?

@John *****

I am in the process of getting it. May I kindly ask you how long it took?