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Everything posted by Pib
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Regarding every year address reporting for the LTR Visa, I expect the BOI will implement similar reporting methods as for the BOI SMART Visa which also requires address reporting just once a year. A couple of methods are allowed for a SMART Visa: (1) reporting in person to BOI OSS or authorizing someone to report on your behalf. (2) By mail. See below BOI SMART Visa webpage. Now the SMART Visa uses the TM91 address reporting form....we've already seen the LTR Visa will use the TM95 form. And hopefully LTR Visa webpage information will grow to include a lot of the details and FAQ type information like on the SMART Visa webpage. Heck, there is even a popup message on the SMART Visa website saying if you have a hard time opening a bank acct with a SMART Visa just contact BOI and the BOI in turn will contract the bank headquarters to explain things. https://smart-visa.boi.go.th/smart/pages/how-to-manage.html https://smart-visa.boi.go.th/smart/index.html
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Update: Known LTR Approvals as of 5 Nov 2022 based on posts in this thread I saw. Added stuarty's wife to the list as #7. I may have missed some...please speak-up if you have been approved. Poster & Date Approval Notice Rec'd 1. ThailandRyan 28 Sep 2. pepper402 29 Sep 3. gajah 30 Sep 4. mudcat 4 Oct 5. Misty 4 Oct 6. & 7. stuarty (and wife) 4 Oct 8. Boomer6969 5 Oct 9. BKKNono 15 Sep 10. Alotoftravel 4 Oct 11. aublumberg 12 Oct 12. James7 4 Oct 13. ashkale 28 Sep
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Yea, the BOI announcement is not worded well regarding the $250K investment for below $80K but at least $40K pensioners as it can imply a person needs to invest $250K in something they don't define "and" then they start talking about an investment in bonds, investment in a company, or property which can imply an additional investment amount on top of $250K. What they really mean to say is a person must make an investment of at least $250K in bonds, company, or property. The BOI info graphics are much clearer.
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Mike, To me the requirement is clear....the property investment must have occurred "before date of LTR application." The requirement does not say within 90 days before application, within 1 to 365 days before application, etc., or some recent date. The property investment just needed to occur "before" the date of LTR application and you need to provide the documents proving the investment. And I'm fully expect it can not be an investment you made before but sold before applying....it needs to be a property investment you made before applying and you still own. Some snapshots from the application below.
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Oh, yea....I'm sure it's being talked on other forums and threads. Like I saw one reddit thread that had over a hundred posts in it (and a lot of them were clueless type posts) but there was only one or two posters who said they had got the LTR already....one of those reddit posters is also a poster in this thread who posted very good info. And I also saw one poster here on AseanNow in another thread who said he got approved in a one-liner post but I didn't add him to the list since he hasn't posted/mentioned anything in this thread. Although I have a Facebook acct I rarely use Facebook. And my google searches usually end-up at the BOI LTR website or this particular thread.
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Administrative Court Asked to Block Foreigners from Acquiring Land
Pib replied to snoop1130's topic in Thailand News
Oh my god!!!!...foreigners are going to rape and pillage all of Thailand.....link-up their one rai of land plots to start communes of farangs with their heathen ways....it is truly the end of Thailand (and the world). Now how's that for a political party sound bite to drum-up nationalist votes (and donations) for the next election. -
Other than BKKnono and blumbery who got their initial approvals in mid Sep and mid Oct, respectively, all other initial approvals occurred the final days of Sep/early days of Oct. Expect all of these folks submitted their applications in early Sep.,,,folks who were knocking on BOI's door as soon as they opened for applications in early Sep. Other than aublumbery's initial approval notice in mid Oct it's pretty much been a dry spell for new approvals since early Oct. Wonder why? Maybe a lot fewer applications? Or maybe BOI is bogged down in trying to process many applications? Maybe AseanNow members simply not posting their LTR application results on AseanNow? Maybe ?????
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The part about Bangkok Bank only opening an acct if you get a letter from your home country embassy which is basically just confirming it a valid passport has been Bangkok Bank's policy for any type of visa, whether you are a potential or long time customer. While Bangkok Bank can also opt to accept some other docs/references in lieu of the embassy letter most (not all) Bangkok Bank branches will ask for the letter. As This Is Thailand some branches will not ask for the embassy letter which is going to cost a person $50 at the embassy.
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Update: Known LTR Approvals as of 4 Nov 2022 based on posts in this thread I saw. ashkale's initial approval notice date updated. I may have missed some...please speak-up if you have been approved. Poster & Date Approval Notice Rec'd 1. ThailandRyan 28 Sep 2. pepper402 29 Sep 3. gajah 30 Sep 4. mudcat 4 Oct 5. Misty 4 Oct 6. stuarty 4 Oct 7. Boomer6969 5 Oct 8. BKKNono 15 Sep 9. Alotoftravel 4 Oct 10. aublumberg 12 Oct 11. James7 4 Oct 12. ashkale 28 Sep
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I expect the govt will withdraw/suspend the proposal because of some very vocal xenophobic media comments by a few and the govt should realize that by them even talking about increasing the already proposed amount and period of time in the current proposal will scare off almost all potential investors. I really expect the govt to fold their cards by the end of this year to keep it from blowing up into a major election issue. Let's face it folks being able to own a small piece of land here in Thailand big enough to have your house on is probably not something that's going to happen for many years to come.
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Update: Known LTR Approvals as of 4 Nov 2022 based on posts in this thread I saw. ashkale added to the list...don't know when he got the initial approval notice based on this posts...probably early/mid Oct. I may have missed some...please speak-up if you have been approved. Poster & Date Approval Notice Rec'd 1. ThailandRyan 28 Sep 2. pepper402 29 Sep 3. gajah 30 Sep 4. mudcat 4 Oct 5. Misty 4 Oct 6. stuarty 4 Oct 7. Boomer6969 5 Oct 8. BKKNono 15 Sep 9. Alotoftravel 4 Oct 10. aublumberg 12 Oct 11. James7 4 Oct 12. ashkale ?? Oct?
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Since you said you tried to open a bank account "before hand" I assume that to mean "before you actually got the LTR stamp into your passport?" Am I understanding you right? If so I can understand why the banks would not open an acct as they are expecting to see a long term visa stamp "in your passport" vs some LTR approval notice.
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@oldcpu, Just outstanding the legwork you have done on the "buying Thai govt bonds." I think you should submit a query on the BOI LTR Contact webpage summarizing the legwork you have done with various Thai banks and hit a brick wall when it comes to buying govt bonds which also creates a brick wall to submitting a LTR application. Ask then if they can provide some POCs/banks/etc., which a foreigner can easily and immediately buy the required bonds. It may be around two weeks (or more) before you get a reply but the BOI reply may identify how and who to buy from. Good luck.
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Update: Known LTR Approvals as of 3 Nov 2022 based on posts in this thread I saw....James7 added to the list. I may have missed some...please speak-up if you have been approved. Poster & Date Approval Notice Rec'd 1. ThailandRyan 28 Sep 2. pepper402 29 Sep 3. gajah 30 Sep 4. mudcat 4 Oct 5. Misty 4 Oct 6. stuarty 4 Oct 7. Boomer6969 5 Oct 8. BKKNono 15 Sep 9. Alotoftravel 4 Oct 10. aublumberg 12 Oct 11. James7 4 Oct
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My immigration office is CW. For around a dozen years I was doing retirement extensions based on my OA Visa. But several years back when they implemented the medical insurance requirement I switched to a marriage extension on that OA. I've done 3 marriage extensions since switching....finished the 3rd one just a few weeks ago....12 month final stamp in my passport.....no home visit for any of the three.
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Yea....before I submitted my application and was still playing with drafts I could delete everything associated with any draft with the exception of the main passport page a person uploads as step 1. After deleting all drafts that main passport page always popped up already loaded when starting a new draft. I could delete my entire passport....just anything and everything except that main page. So, I guess you deleted everything you could because you asked BOI if you could safely do that since they have completed processing of your application.....you have the 10 year stamp in your passport? Or, you didn't ask BOI and just doing the deletions?
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Congrats!!! From your 16 Sep application date to the 4 Oct preliminary approval date that works out to 14 business when substracting weekends and one holiday. On that 4 Oct preliminary approval notice "where they also asked for additional docs" what kind of docs was those? Maybe that was where your health insurance policy end date didn't meet BOI's requirement and you then submitted docs to self-insure....or, maybe it was just forms they want everyone to complete once receiving preliminary approval?
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Yea...I saw that prescreening time for BKKNono but remembered you also did a prescreening in mid Aug, then submitted your application on 2 Sep, but didn't get approval till 10 Oct which works out to a month and one week....quite a bit longer than BKKNono's 2 week approval time. I'm hoping he tells us his secret to swift approval....but then it wouldn't be a secret no more. ????
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Of the posters who have been approved so far I think you hold the record for quick approval....only 14 calendar/10 business days.....a mere one-third of the time it taking most folks to get initial notice of approval. Your application must have pleased BOI to the extreme.....hit all of their gates just at the right time. But if you used some type of "special sauce" or "magical spell" on your application please let us know your secret.????