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LTR Visa is Now available for Long Term Residency


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25 minutes ago, Pib said:

I don't know if it's just me or it affects other also, but starting yesterday and continuing today "during BoI business hours" when logging onto my LTR online acct it was VERY, VERY slow although Speedtest.net confirmed I had a 700Mb local connection and my internet surfing to all other local/foreign websites was fast as normal. I have an AIS Fibre internet plan.   Ditto for logon via my DTAC mobile connection.

 

My log onto my LTR online acct would take a full minute or two to "fully" display my info....and a minute or two is like forever when staring at a display.   For the first 30 seconds or so it would display the SMART Visa logo vs the LTR Visa logo before switching to the LTR Visa logo....and then another 30 to 60 seconds before my name would appear along with info on my applications. 

 

Yea....VERY, VERY slow.    Now after business hours in the evening/night the LTR online acct is fast as it use to be up until a day or two ago.    

 

 

 

Hi, I think not just your account - I'm seeing changes as well.  My best guess is they are doing system upgrades.  Not sure what they're up to, but for one the digital work permit application page is appearing differently.  It looks like a work-in-progress.  I'll check again in a day or so. 

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5 hours ago, Pib said:

I don't know if it's just me or it affects other also, but starting yesterday and continuing today "during BoI business hours" when logging onto my LTR online acct it was VERY, VERY slow although Speedtest.net confirmed I had a 700Mb local connection and my internet surfing to all other local/foreign websites was fast as normal. I have an AIS Fibre internet plan.   Ditto for logon via my DTAC mobile connection.

 

My log onto my LTR online acct would take a full minute or two to "fully" display my info....and a minute or two is like forever when staring at a display.   For the first 30 seconds or so it would display the SMART Visa logo vs the LTR Visa logo before switching to the LTR Visa logo....and then another 30 to 60 seconds before my name would appear along with info on my applications. 

 

Yea....VERY, VERY slow.    Now after business hours in the evening/night the LTR online acct is fast as it use to be up until a day or two ago.    

And now (it's 5:250pm) "after" BoI business hours  which ended at 4:30pm the LTR online acct website has went from VERY slow to again fast.   Same thing happened yesterday.

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2 hours ago, Pib said:

And now (it's 5:250pm) "after" BoI business hours  which ended at 4:30pm the LTR online acct website has went from VERY slow to again fast.   Same thing happened yesterday.

I could not see my status screen when I checked earlier as it was blank. When I clicked the LTR tab it shows processing... still.  I called BOI today and it just rang and rang.  I think they must have some programming issues.

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3 hours ago, K2938 said:

Somebody receiving his LTR on Nov 23 was told his LTR was the 376th issued, so the overall success rate is higher than the 14% of the working-from-Thailand category, but not vastly so.  Given the application numbers published earlier, success rate overall is probably only around 25%.

We of course do not know the reasons for this very low success rate, but since it is probably unlikely that the vast majority of people applying for the LTR visa were just crazy, missing the criteria by miles and really should never have applied if they would have had any sense, this would appear to indicate excessive pickiness and rigidity on the side of the BOI

Thanks for the figures, it is interesting to know how many have been issued thus far. 

 

Do we know how many applications have actually been rejected (versus not yet granted, requesting more detail etc)?  

 

Whatever the actual rejection rate, though, I see things a bit differently.  I've seen no sign at all of the BoI being picky or rigid. Trying to stick to the legal requirements is more likely, in my opinion.  I would applaud them for that.  If the legal standards are too rigid, then the lawmakers need to adjust them. But that isn't the BoI's call.

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Tend to agree with @Misty, I think the staff at BOI are actually applying the requirements checks based on what is documented, I don't think they are necessarily 'picky' but simply following the evidence presented by applicants. Of course there is a learning curve given the program is quite new but it should hopefully now enter a steady state.

 

Since there is no application fee charged, I do think the threshold to apply is very low and a certain segment of applicants "just give it a go and see". This is also evident from a number of online forums.

 

 

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Third day in a row now that the LTR online acct website has been VERY slow during BoI business hours.  At 10:50am Thailand time it takes approx 1 to 2 minutes before a logon will complete to the point of seeing the status of your application.  And when clicking "View" to see your application you can not....it just times out....basically makes it unusable to view or upload docs.

 

This has been my logon experience  since 28 Nov/Monday when checking the status of my application during BoI business hours.  But before 28 Nov and/or outside of BoI business hours the online acct website is fast.  I have an AIS Fibre internet plan to gives me speeds of 700Mb speed to Thailand websites....surfing to other Thailand and foreign websites is fast....just the BoI online acct is slower than a sleeping turtle.    Using my DTAC mobile connection to logon results in the same VERY slow experience.

 

Just FYI in case others are experiencing this "during BoI business hours" issue.

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9 minutes ago, Pib said:

Update: I called BoI about the LTR online acct website be VERY slow.   They are aware of the problem and hope to have the problem fixed this afternoon.

 

I then asked about the status of my application which was submitted 25 Oct...around 23 business days ago.  Took the rep approx 2 minutes to look up the status because the rep said their system is very slow right now.  I've been told that in by earlier calls over the last few weeks.  The rep said it's "processing."  I told him my online status shows "Pending"  and not Processing. I then asked what was meant by "processing" and the rep said it means my application has been initially looked at but not at detail level.  

 

I asked how much longer does he estimate before I get some kind of feedback via my online acct such as in a notification/email asking for more docs, approval, rejection, status change, etc.   He said approx 10 to 15 "working" days.    He said they have a lot of applications to review.

 

So, at this point in time it appears a typical application may take approx 40 "BoI working days" vs 20 working days to reach a point where a person will know whether their application is acceptable, needs more docs, etc.

 

 

Be patient

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1 hour ago, K2938 said:

 

This “gambling” approach to the LTR application is primarily among the digital nomad group which apply as Working-from-Thailand professionals.  This is also why the rejection rate for Working-from-Thailand professionals is 86% versus the overall rejection rate of “only” approximately 75%. 

 

 

However according to the statistics published at the end of October Working-from-Thailand professionals only account for about a third of all applications, so the other two thirds – with Wealthy Pensioners being the biggest sub-group thereof and largest of all application categories - still need to have an average rejection rate of approximately 70% so that the overall rejection average comes out at 75%.

 

 

Now we of course do not know the details, but the fact that thus about 70% of Wealthy Pensioner applications appear to get rejected seems extremely high as I would not expect to be so many “gamblers” in this group.  Also, while the application does not cost any money, most people – and especially among this group – will be reluctant to disclose their financial details in the application process unless they really believe they will get approved.   So the very high rejection rate even in this group would rather appear to be an indicator of the possibility of excessive pickiness on the side of the BOI, but we of course do not know the details.

I concur with your observations. I think the critical hurdle rate for WP type is non-work income (pension, investment income, rental income etc.) and the related documentary evidence. Not made easier by exchange rate swings recently. The insurance coverage and acceptable documentation and remaining (10+ months) run rate appears to be another hurdle.

 

Will be interesting to observe how this pans out over the coming 3 - 6 months ...

 

 

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7 hours ago, aublumberg said:

Since there is no application fee charged, I do think the threshold to apply is very low and a certain segment of applicants "just give it a go and see". This is also evident from a number of online forums.

"just give it a go and see" is precisely what I did. I was matching their requirement but I was expecting them to come back asking for embassy/foreign affairs certifications which they didn't. They could see my documentation was consistent and went ahead. 

 

So blaming them for being picky and/or rigid would be evidently unfair. My only fear is that the whole thing fails due to lack of suitable candidates and that the limited number of survivors be handed back, for subsequent processing, to Immigration who would then harass us unashamedly.

Edited by Boomer6969
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18 hours ago, Pib said:

Update: I called BoI about the LTR online acct website be VERY slow.   They are aware of the problem and hope to have the problem fixed this afternoon.

 

I then asked about the status of my application which was submitted 25 Oct...around 23 business days ago.  Took the rep approx 2 minutes to look up the status because the rep said their system is very slow right now.  I've been told that in by earlier calls over the last few weeks.  The rep said it's "processing."  I told him my online status shows "Pending"  and not Processing. I then asked what was meant by "processing" and the rep said it means my application has been initially looked at but not at detail level.  

 

I asked how much longer does he estimate before I get some kind of feedback via my online acct such as in a notification/email asking for more docs, approval, rejection, status change, etc.   He said approx 10 to 15 "working" days.    He said they have a lot of applications to review.

 

So, at this point in time it appears a typical application may take approx 40 "BoI working days" vs 20 working days to reach a point where a person will know whether their application is acceptable, needs more docs, etc.

 

 

I got an update as below -

Your qualification has been approved. Please provide the health insurance that covers the hospitalization in Thailand no less than 50,000 USD and valid at least 10 months.

 

what does this mean

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13 minutes ago, anotherexpat4444 said:

I got an update as below -

Your qualification has been approved. Please provide the health insurance that covers the hospitalization in Thailand no less than 50,000 USD and valid at least 10 months.

 

what does this mean

It means that your LTR visa has been approved subject to you providing the health insurance information as stated.   So if you still want to get the LTR, your next step should be to provide this information.

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15 hours ago, aublumberg said:

I concur with your observations. I think the critical hurdle rate for WP type is non-work income (pension, investment income, rental income etc.) and the related documentary evidence. Not made easier by exchange rate swings recently. The insurance coverage and acceptable documentation and remaining (10+ months) run rate appears to be another hurdle.

 

Will be interesting to observe how this pans out over the coming 3 - 6 months ...

 

 

Based on my observation, BOI is quite picky and very reluctant to let you pass, which can be testified by the passing rate. Even if you qualify for the conditions, they still take a very conservative position. 

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15 hours ago, Boomer6969 said:

"just give it a go and see" is precisely what I did. I was matching their requirement but I was expecting them to come back asking for embassy/foreign affairs certifications which they didn't. They could see my documentation was consistent and went ahead. 

 

So blaming them for being picky and/or rigid would be evidently unfair. My only fear is that the whole thing fails due to lack of suitable candidates and that the limited number of survivors be handed back, for subsequent processing, to Immigration who would then harass us unashamedly.

What do you mean "handed back" and "harass unashamedly"?

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16 hours ago, Boomer6969 said:

"just give it a go and see" is precisely what I did. I was matching their requirement but I was expecting them to come back asking for embassy/foreign affairs certifications which they didn't. They could see my documentation was consistent and went ahead. 

 

So blaming them for being picky and/or rigid would be evidently unfair. My only fear is that the whole thing fails due to lack of suitable candidates and that the limited number of survivors be handed back, for subsequent processing, to Immigration who would then harass us unashamedly.

my LTR evisa was issued by the NY consulate for 10 years. I may be missing something. How would Immigration be involved? What do you see happening?

 

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15 minutes ago, Misty said:

my LTR evisa was issued by the NY consulate for 10 years. I may be missing something. How would Immigration be involved? What do you see happening?

 

Well, if they wind down they will still have hundreds possibly thousand of people left to do yearly reporting and 5 years extensions, these would then be fully under the the control of OIs who are extremely creative in making our lives difficult. Right now, for people residing in Thailand, LTR visas are issued by Thai Immigration's Sathorn office, but they operate under the control of young and bright BOI employees. I am sure IOs don't like that, as this is a definite loss of opportunity, so ..

Edited by Boomer6969
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1 hour ago, Boomer6969 said:

Well, if they wind down they will still have hundreds possibly thousand of people left to do yearly reporting and 5 years extensions, these would then be fully under the the control of OIs who are extremely creative in making our lives difficult. Right now, for people residing in Thailand, LTR visas are issued by Thai Immigration's Sathorn office, but they operate under the control of young and bright BOI employees. I am sure IOs don't like that, as this is a definite loss of opportunity, so ..

I'm not too concerned about this, for a number of reasons.  But I guess only time will tell.

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1 hour ago, K2938 said:

spending money on translation and notarization of documents and wasting their time applying

Which documents need translations & notarisation? None of those needed for the pensioner visa as far as I am concerned. And it would be difficult to spend more than a couple of hours to apply and 90 minutes to get the visa.

 

Also I wonder where you guys get all these figures from? And all the theories you develop are likely to be flawed simply because most of the unapproved applications will end up being approved in due course.

Edited by Boomer6969
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39 minutes ago, lextsy said:

I applied on the 3rd Nov, still in pending status. ????

For those with updates or approvals can you also provide submission dates?

While each case varies you should probably expect to hear something from the BOI approximately in mid to late December

Edited by K2938
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Q on medical insurance for LTR

 

Right now outside thailand and  some thail insurance company want thailand address and moreover i have insurance in my home country and i dont have plan staying all year in thailand . i will be mostly staying  6 months out of a year .  

 

they need minimum 10 months insurance so do they check if i have  once i get approval or  i can change it  . for the purpose of  visa i want to buy safetywing insurance as this can be cancelled anytime

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In a review on Google maps of the One stop center and the Investment center they stated that men must wear long pants. If they arrive wearing shorts they will not be allowed inside.

 

Can someone who has received their visa please comment on this? Thanks. 

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