ltr visa

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This page displays all the results for the LTR Visa tag, sorted by the most recent activity. There are a total of 240 questions that have been tagged with LTR Visa. Explore the questions to find discussions and information relevant to this topic.
LONG TERM RESIDENT (LTR) VISA RESOURCES / SERVICES
Nov 8, 2024
4 days ago
Need some DTV advice, I apologize beforehand if this may be a long post.

My details:

1. I’m looking to become a remote worker (video editor) but I don’t have any freelance work coming in currently. I have an online portfolio which shows my work but that’s about it right now. My last paying job was one that I had in the US (not remote) last year before I got laid off.

2. I have enough in savings for the minimum 500K Baht.

3. I’m interested in Muay Thai but haven’t trained anywhere yet.

4. I also have a dental implant I need to get done.

5. I’m currently in Thailand but will be going to Vietnam in a few months for a few months.

6. I will be turning 50 next April.

So my main questions are as follows:

Which category should I apply with? Can I apply for several i.e Remote worker and need a dental implant?

Should I apply from Vietnam or when I return to the US? Does online or embassy applying make it easier?

Should I just get the LTR visa when I turn 50 next year over the DTV?

Thanks in advance for all advice!
Oct 28, 2024
14 days ago
Charles *******
ORIGINAL POSTER
Does anyone know when applying for the LTR visa, does anyone actually contact your employer?

I meet the criteria with my company for the LTR visa, but I don’t know my company to know I am applying for it.
Oct 25, 2024
18 days ago
Alex **********
ORIGINAL POSTER
Hello everyone! I had a follow up question for those of you who obtained the LTR visa. If any of you opted for getting the e-visa from your home country after you obtained your approval letter, have you had any issues with that choice going forward? I know it’s better to have the actual stamp, but since I cannot plan to be there within exactly 60 days from the point of approval, I was wondering what the e-visa experience was for you, both in terms of what it cost through the site, and in terms of going in and out of Thailand moving forward? Many thanks
Oct 22, 2024
21 days ago
Dave *******
ORIGINAL POSTER
Was recently approved for the LTR visa( Pensioner). Took approximately 2.5 months from application to approval. I elected to process the application myself , as fairly easy to do , albeit a lot of paper. I provided two years of bank statements to support passive income, outside of my pension income which was supported by income tax documents. Be aware though you require to have medical insurance (Thai) in place as part of the application and needs to cover up to at least 10 months while in Thailand.

I elected to go the LTR route as while presently hold the Elite visa, it expires next year and felt the amount required to renew wasn’t justified, or the “benefits” of the elite visa didn’t make sense for me.
Oct 20, 2024
23 days ago
Brad *******
ORIGINAL POSTER
LTR question (if an income tax on 2024 expat remittances into Thailand isn't delayed).

If after living in Thailand six years, an expat receives an approved Pension LTR in September 2024, does the LTR tax-free exemption take place in:

1) the tax year beginning January 2025?

2) the tax year beginning January 2024?

3) beginning September 2024 (pay tax on remittances from January to August of the 2024 income tax year)?

The answer could be beginning tax year 2025, but the LTR tax exemption wording is a bit vague.

I messaged BOI and they replied:

"According to the Royal Decree, governing reduction of Tax rate and exemption of Taxes (No.743) 2022, Section 5 : Income tax shall be exempted for foreigners have been granted a Long-term resident visa derived in the previous tax year from employment, or from business carried on abroad, or from a property situated abroad, and brought into Thailand.

However, regarding the Tax matter you are advised to contact the Revenue department for more details."

From what I have heard many local Revenue department offices have not had a chance to become familiar with the LTR and might not yet be able to help.

Text from decree:

"Section 5 Income tax under Part 2 of Chapter 3 in Title 2 of the Revenue Code shall be exempted for a foreigner categorised as Wealthy Global Citizen, Wealthy Pensioner, or Work­from-Thailand Professional who is granted a Long-Term Resident Visa under immigration law for assessable income under section 40 of the Revenue Code derived in the previous tax year from an employment, or from business carried on abroad, or from a property situated abroad, and brought into Thailand." (Strange that here, it only mentions employment, business and property income.)

Also note that this next section says that the exemption is suspended in the tax year that you do not comply with exemption rules.

"Section 7 In the case that a foreigner has applied tax reduction or exemption under this Royal Decree, and later does not comply with rules prescribed in Section 3, Section 4, Section 5, and Section 6 in any tax year, benefits will be suspended in that tax year."

So a bit odd... if you have the exemption, you are suspended effective in the current tax year but when receiving the exemption, it is not effective as of the current tax year.
Oct 19, 2024
24 days ago
Bigd **********
ORIGINAL POSTER
Any LTR Wealthy Pensioners in this group? How did you meet this requirement? "A. Health insurance policy (travel insurance NOT accepted) covering the entire course of stay in Thailand and providing at least 50,000 USD for hospitalization and medical treatment in Thailand with no less than 10 months of remaining coverage." Any of you have BCBS Federal that covered this? TIA!
Oct 16, 2024
a month ago
Oliver **********
ORIGINAL POSTER
Well…. this is the best news I’ve had in a long time. Did it by myself, took about a month and a half.
Oct 7, 2024
a month ago
Zak ********
ORIGINAL POSTER
Sawadee khap everyone🙏

So, firstly, I am already married to a Thai woman and have been coming to Thailand for years on visa exemptions (US citizen). Next year, I'm planning to buy some land in her name to start building our house. Before that, obviously, I will need a visa.

I started looking into the marriage visa requirements, but it seems nearly impossible to accomplish due to the under consideration time. I work 2 months on a vessel as an engineer followed by 2 months off.

I have been looking at the LTR and DTV. Mainly, my question is does anyone have any experience trying to apply for either of these based on remote work from another country such as I just explained? Or is this requirement limited to internet- based remote work?

For whatever relevance it may hold, I will be sending and can keep a moderate amount of Thai baht if it is necessary.

Thank you in advance for any insight.
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