LTR Visa is Now available for Long Term Residency

[jayboy]

40 minutes ago, Yumthai said:

everything else is very subjective.

 

And extremely revealing - far more so than he knows - of his priorities and requirements.Not the type perhaps the BOI officials had in mind when dreaming up the wealthy profile.

[jayboy]

12 minutes ago, oldcpu said:

 

There are posts of a some who did not qualify, and/or whose finances were not structured to meet the BoI criteria, who detract from the visa.

 

As for BoI not meeting their goals - why post that was bad for them (for Boi for a 'flawed strategy' ) ?  Why say anything?

 

Are you attempting to drum up support to stop the visa?

 

if not then why post at all?

 

The post accomplishes nothing other than risk a good thing for those who obtained the visa.

 

 

What a strange post.I take an interest in immigration matters and on a forum like this there is the opportunity to exchange views with others.Holders of PR are constantly expressing criticism of its shortcomings and creakiness.Nobody thinks it will bring the system crashing down.

[Ben Zioner]

12 minutes ago, jayboy said:

 

And extremely revealing - far more so than he knows - of his priorities and requirements.Not the type perhaps the BOI officials had in mind when dreaming up the wealthy profile.

From your post I derive that you believe BOI didn't want people who appreciate  being owners of their homes, and love having good food, with good wine while having and educated conversation, in English, with a classy, clever Chinese lady.

 

I am sure, that's exactly who BOI have in mind, when it comes to retirees.

 

[oldcpu]

16 minutes ago, jayboy said:

 

What a strange post.

 

Not at all.  This thread has been very useful for those who successfully applied for the LTR, and obtained suggestions / guidance on the way.

 

And then we have posts like yours noting it is failed strategy for BoI.  Why post such when the intent is to help?

 

16 minutes ago, jayboy said:

 

I take an interest in immigration matters and on a forum like this

 

Ok  - then I am VERY surprised you did not note a number of posts of detractors of the LTR.  Detractors who either did not want to apply (because they knew they did not qualify), or those who applied and could not make the qualification, or those who could make it (but did not because they refused to restructure their finances to meet BoIs requirements).  I recall one claiming even one particular well known billionaire could not meet the BoI requirements (due to how his wealth was financed - where of course that was nonsense - but detractors will be detractors).  ....

 

So given you take an interest - now you know there are a number of detractors. 

 

 

16 minutes ago, jayboy said:

Holders of PR are constantly expressing criticism of its shortcomings and creakiness.Nobody thinks it will bring the system crashing down.

 

There is a clear difference there between a PR and an LTR.  One is Permanent Residency.  The other is a Visa. 

 

Visa types come and go.  Permanent Residency does not come and go (only requirements change).

.

 

 

[jayboy]

5 minutes ago, Ben Zioner said:

From your post I derive that you believe BOI didn't want people who appreciate  being owners of their homes, and love having good food, with good wine while having and educated conversation, in English, with a classy, clever Chinese lady.

 

I am sure, that's exactly who BOI have in mind, when it comes to retirees.

 

 

Oh dear

[Ben Zioner]

54 minutes ago, jayboy said:

 

Oh dear

 

Well, I uploaded about 12 pdfs from my laptop, a couple of days later I answered a question on my health cover, and within a fortnight I got instructions to get my passport stamped. So unlike it was a clerical error they liked my type. About fifty of my former UN colleagues got the same treatment.

 

And you, maybe should stop talking out of your anus of things you know nothing about. I am not saying you are trolling  but definitely a IUI.

 

Bye

[JimGant]

On 5/1/2025 at 6:46 AM, jayboy said:

there are too many low net worth people who qualify - thus destroying exclusivity and driving the genuinely wealthy away.

Yeah, if I can't be exclusive, and proudly display an LTR bumper sticker to the amazement of my neighbors -- screw the no more 90 day report; freedom from taxes; no more annual visa renewal; priority passage at airport; no more requirement for a Thai health insurance policy; and having the entrance fee of 50k amortized with ten years of savings from no more annual visa renewals and multi reentry permits.

[gravity101]

On 5/1/2025 at 2:37 PM, Ben Zioner said:

Reckon it is "wealthy" that hurts you. You can take it away if you wish. I don't want to consider myself "wealthy", even though my pension is sizeably higher than BOI's requirement. 

 

And thanks for calling me "astute". Others will appreciate too. 

Its the 'Pensioner' that hurts me.

[ThailandRyan]

On 5/1/2025 at 6:16 AM, oldcpu said:

 

Not at all.  This thread has been very useful for those who successfully applied for the LTR, and obtained suggestions / guidance on the way.

 

And then we have posts like yours noting it is failed strategy for BoI.  Why post such when the intent is to help?

 

 

Ok  - then I am VERY surprised you did not note a number of posts of detractors of the LTR.  Detractors who either did not want to apply (because they knew they did not qualify), or those who applied and could not make the qualification, or those who could make it (but did not because they refused to restructure their finances to meet BoIs requirements).  I recall one claiming even one particular well known billionaire could not meet the BoI requirements (due to how his wealth was financed - where of course that was nonsense - but detractors will be detractors).  ....

 

So given you take an interest - now you know there are a number of detractors. 

 

 

 

There is a clear difference there between a PR and an LTR.  One is Permanent Residency.  The other is a Visa. 

 

Visa types come and go.  Permanent Residency does not come and go (only requirements change).

.

 

 

Great Response. The early detractors have faded away and the new ones just want to stir the pot. The LTR visa is a great visa for those of us who Qualify. My wife from Myanmar now has hers based upon our marriage. Keeps from having to jump through the hoops every 90 days and annually.

[DrJack54]

9 hours ago, ThailandRyan said:

My wife from Myanmar now has hers based upon our marriage

This is a very valid point. Sometimes overlooked. The option for expats married to non Thai is to eg "piggyback" Spouse on the husbands extension as a dependent

This is messy (granted possible). 

LTR great option. 

[eastbaybob]

Over the last few months I went through the process of getting an LTR visa. I had never looked into the visa until I had no money in a Thai bank to renew my marriage visa.  My pension wasn’t enough to qualify but the withdrawals needed to buy a house, and then a condo, and build a house, gave me enough passive income to qualify. 
 

The application process was super easy aside from the website which seemed a bit buggy.  I did it all on my phone over a couple hours and if I did it over I’d use a computer. I only received one request for additional information, and I sent the 176 pages of my complete health insurance booklet.  I wasn’t in a hurry but after the 20 day deliberation time had entered 30 days I wrote asking if they needed anything additional and they approved my application that day.  I printed out the three forms that come with the approval notice and booked my appointment to receive the visa.

 

For the appointment I go to the LTR lounge and take a seat.  Everything is collected and I sit for a while. After an hour or so I am asked to sign my passport copies and am then taken for a photo, then back to the lounge to sit before being taken to window where I pay. Then back to the lounge where after a while I am given my passport with visa. The whole process was a bit over two hours.

 

The whole point of this post is that I read several stories about people having not printed out some form or missing something.  The BOI sends the instructions of exactly what you need to take, and that’s it, there is nothing else.  The other thing is that I’m not sure how having a visa agent would help in the process. All my financial and insurance information was already in pdf form so it’s just a matter of sending it directly to the BOI rather than having a middle man do that. Lastly, just the peace of mind the visa provides is just amazing. It’s like a giant weight has been lifted from my shoulders. The end.

[MCPO_Ret.]

I am currently approaching my one year point on the LTR-P And I have two questions as follows:

 

1. Can someone who has done their 1-yr Reporting give me an overview of the process? I’m expecting to show the TM. 95 form to verify my address and my passport as none of the other forms on the website are applicable. 
 

2. Concerning the health insurance/$100k Bank deposit requirement. When I applied I submitted my TRICARE letter showing that I have coverage as well as a $100,000 bank deposit.  So I am not sure if my LTR was approved because of the bank deposit or the TRICARE letter.  So my question is: does TRICARE overseas meet the requirement for the LTR? And if TRICARE does not meet the requirements do I need to keep the $100k in the bank account to anticipate the five-year review? 
 

Thanks for anyone who provides me insight. 

[Pib]

5 minutes ago, MCPO_Ret. said:

I am currently approaching my one year point on the LTR-P And I have two questions as follows:

 

1. Can someone who has done their 1-yr Reporting give me an overview of the process? I’m expecting to show the TM. 95 form to verify my address and my passport as none of the other forms on the website are applicable. 
 

2. Concerning the health insurance/$100k Bank deposit requirement. When I applied I submitted my TRICARE letter showing that I have coverage as well as a $100,000 bank deposit.  So I am not sure if my LTR was approved because of the bank deposit or the TRICARE letter.  So my question is: does TRICARE overseas meet the requirement for the LTR? And if TRICARE does not meet the requirements do I need to keep the $100k in the bank account to anticipate the five-year review? 
 

Thanks for anyone who provides me insight. 

I've done the LTR 1 year reporting twice....both times at the  BOI LTR immigration office in Bangkok as I live in Bangkok....I just provided the docs listed at the LTR website below.   Very fast process...in and out of the office within 10 minutes. 

https://ltr.boi.go.th/page/1-year-reporting.html 

 

I too went the Tricare letter route to meet the health insurance requirements but that was back in late 2022 when I got my LTR-P visa.   The Tricare letter was still being accepted in 2023 as I saw posts from successful LTR applicants.   I haven't seen anything since that indicates they are still not being accepted.   Probably best to ask the question to BOI unless we have some folks chime-in who recently used the Tricare letter method to meet the LTR health insurance requirement.

[MCPO_Ret.]

7 minutes ago, Pib said:

I've done the LTR 1 year reporting twice....both times at the  BOI LTR immigration office in Bangkok as I live in Bangkok....I just provided the docs listed at the LTR website below.   Very fast process...in and out of the office within 10 minutes. 

https://ltr.boi.go.th/page/1-year-reporting.html 

 

I too went the Tricare letter route to meet the health insurance requirements but that was back in late 2022 when I got my LTR-P visa.   The Tricare letter was still being accepted in 2023 as I saw posts from successful LTR applicants.   I haven't seen anything since that indicates they are still not being accepted.   Probably best to ask the question to BOI unless we have some folks chime-in who recently used the Tricare letter method to meet the LTR health insurance requirement.

Thanks for the quick reply! Glad the 1yr reporting process is quick.

It’s hard to justify keeping $100K in a bank account earning minimal interest.  I’m hoping that TRICARE meets these requirements insurance requirements. 

[Pib]

2 minutes ago, MCPO_Ret. said:

Thanks for the quick reply! Glad the 1yr reporting process is quick.

It’s hard to justify keeping $100K in a bank account earning minimal interest.  I’m hoping that TRICARE meets these requirements insurance requirements. 

Put the funds in a higher interest paying bank CD acct that draws "monthly" interest payments as that shows frequent account activity... makes it look like a regular checking/savings acct but you are getting significantly higher interest than a low (or no) interest paying checking/regular savings account.   

[MCPO_Ret.]

📌 LTR Visa TRICARE Health Insurance Tip

 

If you’re applying for Thailand’s Long-Term Resident (LTR) visa, you must show proof of at least $50K in health insurance coverage or a $100K bank deposit. 

 

TRICARE users: You can request an official letter from TRICARE confirming your coverage meets the requirement. I just received mine — it includes inpatient/outpatient coverage and dollar limits.

 

e-mail the following to request your letter: dha.ncr.j-3.mbx.dha-tao-pacific[at]health.mil