
Northwest87
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I know it has been discussed in this thread, but I personally haven't been able to delete any docs from my "Rejected" status application. I can go into the file and delete the PDF files one by one, but everything comes back after changing screen (no option to finalize anything). If any of you have done this, or got the BOI to do it, could you please share. Thanks in advance, NW
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This is speculation, as this is not what the requirement says, explicitly or implicitly. When in doubt, you have to fall back on what the text says, and here it's: "at the time of application", nothing more. As written, I see it as the applicant providing proof that he/she is solvent at the level that constitute "wealthy" for the purpose of the LTR. I may well be wrong, but I haven't asked the BOI because it's not my case (yet). The requirement for medical insurance is "at least 10 months" at the time of application. Here again ,there is no explicit or implicit requirement to maintain coverage after that time. I agree though that for those using the 100K, it's a question to clarify with the BOI, but rules have changed before and they may change again within 5 years.
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They don't ask you to keep 100K in cash ad vitam eternam. They only ask that, at the time of your application, you have been holding 100K cash for 12 months in an allowed account, and you don't have to prove continuation after providing initial proof (if I understand properly of course). Please see the exact wording below. Financial evidence showing a deposit of no less than 100,000 USD (or 25,000 USD in case of dependents only) which has been held for no less than 12 months at the time of application
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The 80K needs to be "passive income" but it doesn't necessarily have to be from pension(s). From the BOI: Evidence of income tax payment or annual personal income tax return Please provide the evidence of your regular passive income such as rental income, investment income, pension income, and etc. According to our criteria, wealthy pensioner applicants will count passive income only, not counted from the salary. As for medical insurance, even very comprehensive national health schemes do not always provide full coverage abroad; I believe France does, but I am not sure to what extent. Britain however certainly does not, if we take as guide the frequent repatriation funds solicitations in local expat forums for sick and injured Brits.
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Hi all. I have a question on non-O visas, but it's related to making the bridge to an LTR visa, while I wait for my income to reach BOI requirements. I retired at the end of December and got my LTR visa application snuffed out earlier when the BOI pulled the "only passive income for WP visas" rule from its proverbial hat, since most of my income was salary or assimilated at that time. Anyhow, I will be in a position to apply with the required income type/amount around this coming August/September. I will be coming to Thailand at the end of May on a non-O E-visa; that gives me 90 days but clearly does not cover me properly time-wise for the LTR application. Getting the one-year extension on the non-O is the obvious solution, while I wait for the LTR; however I don't want to pay an agent in the circumstances if I'm going to get an LTR within a few months. I qualify under the monthly income rule for the non-O, but I wonder how all of this works in practice for someone who shows up at immigration to do the paperwork himself on the initial extension of stay. Any informed advice and experiences welcome, NW
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Something else to consider is that for getting a visa on entry you normally need a return ticket; I don't know if airlines would refuse you boarding at the departing airport without a proper visa coupled with a one-way ticket, but this could be trouble at the port of entry , couldn't it? Depending of where you fly from and your class of travel, the difference in price between a one-way and a return ticket could cover the extra 10 or 15 thousand bahts you'd pay for LTR issuance at your local embassy or consulate. Something to think about...
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Ah, you're right on both counts with requirement 2.2.1 and the advice for waiting. I just went back to the Wealthy Pensioner application form at https://ltr.boi.go.th/documents/Wealthy-Pensioner.pdf to check if I had built my beliefs on a bad reading, but under "income" in both categories (80K and less of 80K income) there is a checkbox for "Salary/Wages/allowance". I think I'll apply on Jan 02nd (I retire on Dec 31st), and use my "Salary/Wages/allowance" income and the rest to prove my income for the previous year. If that doesn't work, plan C, which is the traditional retirement visa. NW