-
LTR Visa is Now available for Long Term Residency
Hi all, My application has been stuck in "consideration by government agencies" for ages and has just switched over to "Final - Reviewing". Really keen to understand if this is good progress, bad progress or just a status change that doesn't actually mean anything. Has anyone experienced this status and can provide some insights? I did a word search but didn't have any luck
-
LTR Visa is Now available for Long Term Residency
WFTP related ???? From a previous email response from BOI, they said that they don't care where my funds are paid from as long as I have an active contract with the company that meets the USD 150m criteria. My Company has advised that they are happy to pay me as a contractor via a business in Thailand which I have confirmed with my tax agent will also work for my goals. My question to this group is: "I only want to setup the business in Thailand in order to receive funds that will allow me to get the LTR (WFTP) Visa. When I apply for an LTD company in Thailand, does anyone know if a visa MUST be linked to this application? If so, can an LTR Visa be linked?" Currently, everything I have seen only talks about the non-immigration visa which is fine as a backup but I would much prefer the LTR for multiple reasons. I assume that it is just because legal companies are not specifically advertising this Visa type yet but hoping someone in this group may have done something similar or converted from a non-immigration business visa to an LTR and can point me in the right direction. Thanks
-
LTR Visa is Now available for Long Term Residency
I'm intrigued with the "Fast Track Service at International Airports in Thailand" benefit of the LTR. Has anyone come back in via BKK (Bangkok) or HKT (Phuket) airports and tell us about the experience. I'm interested to know what to look for when I arrive once I have my LTR.
-
LTR Visa is Now available for Long Term Residency
@Misty - I will be based in Phuket and ideally would like to find a trusted tax professional who knows a bit about the LTR visa and how to navigate the taxes, legally of course. Do you know of any that you can refer or are we capturing details in this forum that you know of that might direct me to a good tax agent?
-
LTR Visa is Now available for Long Term Residency
just wanted to provide an update that I received from the BOI. The question I asked was: "My company who makes 150m USD wants to pay me via a global HR. If they do this, will I still meet the requirement for the 150M USD?" The exact response from BOI was: "The source of the applicant's salary does not affect our evaluation process. Our primary focus is on verifying the company that has a work contract with the applicant." This is a good outcome in my opinion as it will open up 2 options: 1. My company pays directly through the Global HR where I will be a Full-time employee (preferred) 2. If a global HR solution is not possible, I can open a business in Australia, my company can pay me direct through there under a contract agreement and then I will just have to move money from AU to TH when I need it (still seeking tax advice for specific setup) Happy to at least have options as this WFTP visa isn't an easy one to meet from what i'm reading. Hoping this information might be able to help others ????
-
LTR Visa is Now available for Long Term Residency
@K2938- the phone call was only to find the right people to engage with. The Director of BOI in Sydney will be liaising with the team in Bangkok and I will be getting my response via email as I know these discussions can turn into a bit of 'he said, she said' and evidence is key
-
LTR Visa is Now available for Long Term Residency
@aublumberg- yes. This is my fear too. I think you are correct with the reasonings by my current employer and I also understand why they would want to protect themselves in this way. The company I currently work for meets the 150M USD requirement so they themselves are a qualifying company. I have reached out to my local BOI in Australia to see what their official thoughts are too. I'm really trying to do everything by the book and be respectful of the Visa process and in my mind I think that the above should be acceptable but sometimes things don't line up the way we want. I fully intend to pay all of my taxes in Thailand, invest in Thailand and do everything else by the book so I hope they can see this for the genuine application that it is. I know of many people living in Thailand and doing Visa runs or sitting on an Education visa but that isn't for me. Thank you for adding your comment ????
-
LTR Visa is Now available for Long Term Residency
Topic: Work from Thailand Professional - Employer of Record question Hi all I work for a company in Australia who has recently met the requirement for USD 150m revenue in 3 years. They have also confirmed that they are happy for me to keep working for them while living in Thailand. They have advised that they will need to pay me via an Employer of Record (EOR) in Thailand to make everything work which i'm fine with. I have a few questions relating to this: 1. Does anyone know an EOR that has been successfully used for the LTR (WFTP) visa? 2. Even though I will still be working for my current company, I won't officially be employed by them even though they are paying all the bills. Will this make me ineligible for the $150m requirement and therefore I can't get the LTR (WFTP) visa? I'm really trying to do everything by the book and legally but as you all know, there are some complexities with the specifics of the requirements. Thanks in advance Coby
CobyW
Member
-
Joined
-
Last visited