and it has to be on a tax return which most retirees, regardless of wealth won’t have as they’re retired! Badly thought out as always. Less than 5k have taken it up and the target was a million! 😄
But the bottom line in many wealthy peoples cases is cash doesn't count. A 7 figure SIPP (private pension) in the UK also doesn't count. To reach the required amounts in interest/dividends alone would mean an immense pot, the size of which most people holding them would be unlikely to be eyeing up Thailand as a retirement option. I'm thinking with the woeful take up of the LTR, someone with a little more grey matter will simplify it. Would be interesting to know who your agent is though?
TBH no - I know I have the wealth but it doesn't seem to be in the right boxes. Many people here retired with a sizable pot and just transfer random amounts over as and when necessary, either from a cash pile (house sale etc which again won't show up on any documentation) or ad hoc withdrawals from investments or equity sales etc, all cash transactions into a bank account normally. It's been indicated to me that wouldn't stand a chance even though, and I'm not bragging here, but it's to make a point, I was told by an LTR Visa company I am wealthier than many that apply and are successful!