aublumberg

Yes, here's the doc. T_0024.PDF

I did this a couple weeks ago as well, not sure what residual info is left on their systems, backups etc. but best one can do I suppose ...

Prominent LTR ad on Suvarnabhumi arrival level … whilst the exit immigration officer wondered about the 5 year permission to stay in my passport ????

And.

No such notice in my case. Only had this single stamp.

Thank you. At this stage l have every intention to continue working for the foreseeable future. Once I stop working then I would no longer comply with the LTR-T conditions and thus also lose the benefits eg tax exemption. I would then switch to a different type e.g. LTR retirement visa or ordinary retirement visa or whatever else may be suitable at the time. So in your particular case you could use the LTR-T until you cease employment and then switch visa type. I assume you considered similar hence applying for LTR-T in the first place? As long as you meet the requirements why not use it?

This triggered a lot of controversy in the local news this week. Potentially a very significant added LTR perk for those interested in it. https://www.nationmultimedia.com/thailand/policies/40021513 Only foreigners qualifying for Long-Term Resident (LTR) visa will be allowed to buy up to 1 rai of land, the government announced on Friday to clarify the confusion.

It’s a one time check at time of LTR application (plus presumably the renewal application after five years). No “maintaining in an account” requirement.

They wanted to see income proof, despite all salary statements and three year income tax declarations having been provided already. I think the BOI staff assigned to the case found it all ok (which it was) but then the manager threw it back due to his confusion around income vs tax, plus currency exchange rates. All part of the learnings when launching a new scheme, all good.

So this morning I arrived in Bangkok for the first time after receiving my LTR-T visa sticker at the Royal Thai Consulate in Hong Kong. Used the Fast Track channel, LTR is not specifically written on the signage but Smart Visa is. This is the same channel used by Air Crew and what I normally also use with the APEC card. No material difference in queueing time as it was fairly quiet today, but can be helpful if it’s busy. The very charming immigration officer Khun Annie had never seen a LTR visa and had to ring her colleague on the phone first to clarify but then swiftly figured out the five year entry duration. Her supervisor walked by and she double confirmed with him again. She was quite curious and asked how long it took to get the visa. Most pleasant conversation.

There is no way to tell from the online system what the progress is. Don’t interpret the status, it’s meaningless. I think Ryan got approved but it still says ‘processing’. You get an email when they need something. There is the notification box on the upper left in the system but that only updates when they email you. If you haven’t heard from them after three or four weeks, best is to call them, most effective channel. For reference, my dates were: 05 Sep 2022 submitted application online for a LTR WFTP (LTR-T) 26 Sep 2022 request for additional documents but actually everything was already provided correctly 04 Oct 2022 email approval received 14 Oct 2022 received Notification Letter for Qualifications Endorsement 20 Oct 2022 picked up visa in passport at the Royal Thai Consulate in Hong Kong

Llikewise. Applied 05 Sep, and got the visa sticker into my passport at the Royal Thai Consulate in Hong Kong on 20 Oct. As long as you meet the criteria and have the supporting paper work evidence, it's straightforward.

Thanks for sharing. What the article doesn't say is how many have been approved in that period. 50? 100?

Yes, interesting how this suddenly popped up again. I think it's THB40+m, and also not really of freehold nature as far as I understand and yet it gets a lot of vocal opposition locally. Let's see how it pans out. Personally I don't think foreigners can ever permanently own land in Thailand (without current and future workarounds), not in our lifetime anyway. But an interesting new twist to the LTR positioning ... looking forward to all the fine print.

These numbers worked for me +6622091141, +6622091147, +6622091149 but not sure how 002 would map. Could always try one of these three and ask to be transferred. Some even communicate by Line once you made contact.

Major progress, great to hear. Getting there soon!

Congrats!

If you think about it ... the collective insights, learnings, feedback and recommendations from the pioneers (early customers in fact) represented in this single forum thread alone should be extremely sought after by any Board Of Investment in order to finetune, adapt and improve the program. Oh well ...

Yes, I would estimate less than 100 across all visa types and locations approved thus far, perhaps even less than 50 ... early days.

No change, application has always been via the BOI online system since start on 01 Sep 2022 when it was launched. If you go to https://ltr.boi.go.th/ in the upper right hand corner is an 'Apply' icon. Just click that and follow the instructions. Subject to the LTR visa type, details are provided what information and which documents are required, it's fairly straightforward. I don't believe applications by email are (or ever were) entertained. Suggest you register the online account and have a look around the forms, even if you're not ready to submit just yet.

Three more 'hidden feature' tips, two for before and one for after getting the visa: (1) Whenever you make changes in the main data entry page or any uploads on the document page, go through each individual page one by one click next - next - next - save so that it retains the data input. I noticed (at least early Sep 2022) if you don't follow this then you may lose some of the data input. (2) In the status page there is an acronym for the BOI staff handling your case, it reads e.g. StaffBoI1147. The last four digits are the phone extension of the person handling your case. They are organised by each of the four LTR visa types so in above example you can call the case handling officer under +6622091147 (replace last four digits accordingly). Forget about sending an email to them to check the status. Always call. If they don't pick up then call again until you get through. Super friendly and accommodating and the best communication channel. (3) Once you have the visa and you have status [complete] on the summary page, you can still edit certain parts and you can delete all the documents uploaded. I am quite sure they keep copies of the documents elsewhere in another system but since the application system is internet facing, if you're concerned about the security of your sensitive data then it may be worthwhile to remove the documents. Plus change your password to a new, complex one.

This is no tax advise and I suggest anyone to seek professional advise for their own circumstances. The following may provide context. Royal Decree issued under the Revenue Code No.743 (TH).pdf (boi.go.th) Royal Decree issued under the Revenue Code No.743 (EN).pdf (boi.go.th) Notification of Income Tax No. 427 (TH).pdf (boi.go.th) Notification of Income Tax No.427 (EN).pdf (boi.go.th) Thailand Long Term Resident Visa Tax Concessions - SHERRINGS Long-term resident visa approved for high-potential foreigners in Thailand - BDO

This is a different visa type. All LTR requirements are listed in detail on the BOI website https://ltr.boi.go.th. For example: ”WEALTHY INDIVIDUALS HOLDING AT LEAST USD 1 MILLION IN ASSETS - At least USD 1 million in assets - Personal income of a minimum of USD 80,000/ year in the past two years - Investment of at least USD 500,000 in Thai government bonds, foreign direct investment, or Thai property - Health insurance with at least USD 50,000 coverage or social security benefits insuring treatment in Thailand or at least USD 100,000 deposit - Applicants must fulfill all of the above requirements to be eligible for Wealthy Global Citizens application”

Well your stamp still wins hand down in the artistic category! Will update when coming into Thailand, potentially end of the month.

Got the ticket, take the ride. ????