Hello everyone.

Today I got my LTR-R visa stamped🥂🍾 🎉

I just read the Nick M. complex experience…

My experience:

Compared with the “regular” 1 year retirement extension, it was a rather easy process.

I initially applied with a combination of pension income + property investments in Thailand.

Using Thai property as proof of income is quite cumbersome and for several reasons my initial request was rejected.

Switched to pension + US dividend income and the process was much easier and faster and I got my visa approved in less than 3 weeks.

The BOI LTR office is truly helpful and very responsive. For every question I posed, the reply was always within the next day!

The main benefits of the LTR visa are:

- 10 years visa (5+5) rather than 1 year.

- the 12 months police report rather than 90 days which means, practically no more reporting.

- no need of any bank deposit (800k)

- LTR is a multi entry visa by default

- it costs only 5k/year thus 50k for the 10 years

- the application process is fully online (with some software hiccups though…)

- it can be definitely a do-it-by-yourself process, no need of agents at all.

On the other hand you pay 50k upfront for a 10 year visa but it is in reality a 5+5 years. At 5 years they will check if you still meet the LTR-R requirements, so there is a little risk there.

If anyone is going through the process and have any question, please feel free to ask.

Cheers.