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Answered8 months ago

When will the BOI update the FX rates for the LTR-W visa application?

JoyfulLy********
asked Feb 19, 2026
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Hi All, I am in the process of applying for the LTR-W visa.

When does the BOI update the FX rates to be more reflective on current values? I see they are using 2024 rates.

I’m on a Non-O which will expire April 30….weighing up visa options as we have kids in school and a property here. My property was purchased at 16.5mb and if they use 2024 rates, I’m significantly short of the 500k USD minimum for LTR-W visa. If we use 2025 rates, I can make up the gap more easily…however unclear on dates and if I need to find a temporary option to bridge between visas for 1-2mths.

Any help appreciated!
Answer summary
The user is applying for the LTR-W visa and is concerned about the BOI's use of outdated FX rates from 2024, which affects their eligibility based on property value. They seek clarification on when the BOI updates these rates and whether they need a temporary visa to bridge the gap until their LTR-W visa is approved.
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John **********
John **********
I'm not aware of any regular updates to the rates the BOI uses but it won't do any harm to ask them, they are very responsive

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