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boi requirements
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I will be applying for the LTR WP soon and am curious about insurance requirements. I have three options. I can use VA Foreign Medical Program. Super easy to get paperwork. I can use CHAMP VA ins, a bit more difficult to get paperwork, but doable. Additionally, my Thai wife is a retired Thai government employee, and I can obtain her insurance. Which would be most prudent?
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The BOI has asked further documents from me after I provided the normal required information for wealthy pensioneer (80k passive income, health insurance, etc).
Either a health insurance covering at least 50k USD and running 10 months more
Or
Proof that I had 100k USD in my bank for the last 12 months.
Now I don’t know anyone having 100k in the bank for a year. People having that amount have it in assets - like I have my savings in stocks.
And insurance? Mine covers up to 1 million (a big heart surgery) and runs 12 months before being renewed. But it will be renewed next January, so it’s not covering 10 months from now. I had to get another (lots cheaper) one just for that.
I want to apply for the Wealthy Pensioner LTR Visa. I meet the requirements,but not clear on what documentation I should provide for proof of income. I am a US citizen. I am thinking providing my 2024 form 1040 tax return with the pension section highlighted and my 2024 1099s for my pensions. Make sense? Good plan? Appreciate any suggestions you may have.