Airport immigration doesn’t care but they do if you apply for extensions which you didn’t do because you returned home to apply for a new OA. You are required to do 90 day reports but you just didn’t get caught.
Roberto Stephen I had an OA visa for 6 years before switching to the 10 year LTR this year. Yes you are required to do 90 day reports while on the visa and extensions. You also need a TM30. You can keep your money in your home country but you have to return to your home country to reapply for the OA visa every 1-2 years which could be considered an expense. I chose to remain in Thailand and extend the visa and that process requires money in a Thai bank account. You must also have health insurance for the yearly extensions. Yes, you must go to the Immigration office every year to extend the visa. It is not difficult. For me it was half a day trek once per year.
He is coming as a retiree. The pensioner LTR is about as simple as it gets. A couple of tax returns, proof of insurance, and some copies of your passport. I got my pensioner LTR in January. The BOI office in Bangkok is incredibly helpful. I don’t know about the details of applying for an LTR from overseas though.
I got my pensioner LTR. In January based on a pension. It is interesting to see that someone has had success with other passive income. Congratulations
You have to reapply after five years but there is no additional fee. You do have to check in at one year if you haven’t left the country. I’m not sure what is involved with that since it hasn’t been one year yet. Still it is a lot less involvement with immigration that any other visa.
There are 4 categories of LTR. The pensioner LTR requires an $80,000/yr pension income. There is also an option for a lower income + investment but I don’t know the details. It is all on the Board of Investment website. My point was just to make people aware of the option.
If anyone is paying an agent then the LTR becomes a better deal or at least a wash. I never used an agent for my OA extensions so it’s a legitimate question to me about the money which I’ve already answered.
Brook Powers You are suggesting to pay 20,000 baht over 10 years? That’s literate? The LTR IS $90/yr more expensive than yearly extensions and that, to me, is well worth the convenience. Those that qualify for an LTR can easily afford $90 extra per year.