LTR Visa is Now available for Long Term Residency

[oldcpu]

2 hours ago, K2938 said:

I would like to ask some questions regarding the latest policy application on the LTR visa.  Apologies for the rather technical nature of some of them:
 

 

My view.

 

1. no appetite

 

2. no appetite

 

3. This might be accepted if you can prove the paper trail

 

4. For me it was 2 years of income tax returns, but others have stated 1 year. Frankly, I speculate it depends on the specific individual in BoI who is handling one's case. ie. no standard at BoI.  TiT.

 

5. I have read of others who had regular income sources, but no need to file an income tax return in their foreign income sources country have simply provided their income proof. That strikes me as a more difficult route than showing a tax return, but I believe it doable. For example the German-Thai DTA states if one is a Thai resident, that Germany can not tax one's German pension (only Thailand can tax that pension) so its possible someone on a Type-O visa switching to a LTR, whose pension is from Germany, will have no recent German tax returns going back years. So instead they need to show BoI their annual letter from the German pension authority indicating what their annual pension income is.

 

6. Good question. I don't know. I avoided this by simply bringing no money into Thailand.  I brought a lot into Thailand in previous years when I was not a Thai tax resident, and then when Thai ministerial directives Por-161/162 came out, I bought a bunch more savings (dating back decades) into Thailand prior to 1-Jan-2024.