23 hours ago, howerde said:

At the 5 year renewal, i had every document issued since i was issued with it, at CW they sent me away 5 times saying they could not do it, come back later, they had no written rules on what was needed. they just said come back, i started with 6 months left, i tried every visa agent in Bangkok that i could find, they all came back after a few days and said no it can not be done. on my last visit 1 month before it expired, the IO went and came back with a supervisor, my partner and her talked in Thai, and just said leave the country come back visa exempt and apply non o. you will not need insurance but helpfully said the money in my account could be used towrds the 800 000 required, i was annoyed 3 million kept for 5 years earning about 1% less tax, expensive insurance, to cap it all when i came back the IO said why not extend your O-X for another 5 years lol, i think she felt a bit sorry for me as my non o was done very quickly

Unfortunately this is atypical of Thailand - there are no guarantees here - and 10 years is a very long time. 

I think it is Philippines but it could be Malaysia, but maybe both - they give a Govt Guarantee that whatever Expat package/Visa you receive for 3-5-10 years , will remain under those Ts&Cs - no matter what changes are made for new applicants. I do know that they both have separate 'Expats Visa' Offices that work under the Cabinet/PM and not in any Dept - and they have the authority to approve and issue Visa - they over rule any single Dept or Agency.  That is not the case in Thailand - BOI is a Govt supported organisation and has no real authority.  When Immigration (or Foreign Affairs) change something, it affects all existing and new holders. 

 

2 minutes ago, TroubleandGrumpy said:

I think that BOI 'endorsed' means they have received all the documents and have determined that the applicant meets the requirements.  The BOI then send the 'endorsed' application to the relevant Thai Dept/s to approve the application - they dont actually control approval.  When they are advised that the applicant is approved they then send the applicant a notification letter, and they then have 60 days to pay and complete whatever other documents are needed. If the Dept/s requests further details or information, then they get BOI to obtain it. If the Dept/s reject the application, then BOI advises the applicant. 

 

So I think the BOI has 'endorsed' 7000 applications - but probably most were approved - and most taken up when notified. Maybe - maybe not.   

 

No.   The endorsement notification is the last step "after all govt agencies have reviewed/coordinated on on a person's application.   Before BOI issues the endorsement letter they have routed a person's  application thru several government agencies with BOI being one of those govt agencies along with Immigration.   I have no doubt that "before" BOI sends the application out to the other govt agencies which must review/coordinate on the application that BOI does a good review of certain docs that they know another govt agencies like Immigration will be most interested in. 

 

Any of the govt agencies involved in the application can reject or approve the application, ask for additional docs, etc.  If any agency has an issue with the application such as wanting to see additional docs then BOI to notifies the applicant of the additional docs required...docs they need to upload to their application so the application review can continue.    To the application it can appear BOI is the only agency involved but it not that way....multiple agencies are involved but to the applicant it appears as it's only BOI.  

 

 All of those the govt agencies must review/agree with the LTR application before BOI issues the Endorsement Letter.  When all govt agencies agree with the application via a review/coordination process then BOI issues/signs the Endorsement Letter which is signed by the Director of BOI Expat Services.   

 

With that Endorsement Letter now issued the applicant has 60 days to pay the LTR visa fee and have it actually issued.  If the applicant fails to follow thru by going to Bangkok BOI Immigration to pay the fee and have the visa stamp into their passport OR use the evisa process to pay the fee/issue the visa then the Endorsement Letter expires and the person is back to ground zero.  Must start from zero with a new application if they still want an LTR visa.

 

24 minutes ago, Pib said:

 

No.   The endorsement notification is the last step "after all govt agencies have reviewed/coordinated on on a person's application.   Before BOI issues the endorsement letter they have routed a person's  application thru several government agencies with BOI being one of those govt agencies along with Immigration.   I have no doubt that "before" BOI sends the application out to the other govt agencies which must review/coordinate on the application that BOI does a good review of certain docs that they know another govt agencies like Immigration will be most interested in. 

 

Any of the govt agencies involved in the application can reject or approve the application, ask for additional docs, etc.  If any agency has an issue with the application such as wanting to see additional docs then BOI to notifies the applicant of the additional docs required...docs they need to upload to their application so the application review can continue.    To the application it can appear BOI is the only agency involved but it not that way....multiple agencies are involved but to the applicant it appears as it's only BOI.  

 

 All of those the govt agencies must review/agree with the LTR application before BOI issues the Endorsement Letter.  When all govt agencies agree with the application via a review/coordination process then BOI issues/signs the Endorsement Letter which is signed by the Director of BOI Expat Services.   

 

With that Endorsement Letter now issued the applicant has 60 days to pay the LTR visa fee and have it actually issued.  If the applicant fails to follow thru by going to Bangkok BOI Immigration to pay the fee and have the visa stamp into their passport OR use the evisa process to pay the fee/issue the visa then the Endorsement Letter expires and the person is back to ground zero.  Must start from zero with a new application if they still want an LTR visa.

 

Ok - that makes sense. Standing Corrected (in the corner). 

10 hours ago, jayboy said:

 

I actually agree with you but perhaps the implication is different from the one you suggest.On the whole successful educated Western professionals do not want to retire permanently in Thailand.Of course there are many exceptions

 

Indeed. ~7000 exceptions.

 

51 minutes ago, TroubleandGrumpy said:

I do know that they both have separate 'Expats Visa' Offices that work under the Cabinet/PM and not in any Dept - and they have the authority to approve and issue Visa - they over rule any single Dept or Agency.  That is not the case in Thailand - BOI is a Govt supported organisation and has no real authority. 

Wow, are you misinformed. BoI works directly for the PM. Thus, they're not about to get overruled by any dept or agency. And, having their directives in the form of Royal Decrees -- says such directives are basically in stone -- not to be messed with by any new govt/PM. 

 

Worst case: the LTR program may, in the future, be superseded by a similar program, attempting to lasso expats of means (but maybe, even, a more relaxed program....). BUT, for sure, those already on an LTR visa will be grandfathered -- as have those in the past, when new immigration requirements changed the rules. Contrary to your negative thoughts, Thailand will do what it can to maintain being in the world's top 10 countries for expats. 

1 hour ago, oldcpu said:

Indeed. ~7000 exceptions.

Not even this.  Wealthy pensioners is only about 2000.  If I remember correctly, the guestimate for the number of foreign retirees in Thailand is about 100,000 so that means only about 2% of those fulfill the LTR criteria which indeed shows how skewed the foreign pensioner group in Thailand is towards poorer people.  I would bet that in many Western countries the number of retirees with an income of over 80,000 USD is vastly higher.  In 2025, the average household income for Americans aged 65 and older is for example approximately 84,000 USD.

 

 

1 hour ago, Pib said:

 

No.   The endorsement notification is the last step "after all govt agencies have reviewed/coordinated on on a person's application.   Before BOI issues the endorsement letter they have routed a person's  application thru several government agencies with BOI being one of those govt agencies along with Immigration.   I have no doubt that "before" BOI sends the application out to the other govt agencies which must review/coordinate on the application that BOI does a good review of certain docs that they know another govt agencies like Immigration will be most interested in. 

 

Any of the govt agencies involved in the application can reject or approve the application, ask for additional docs, etc.  If any agency has an issue with the application such as wanting to see additional docs then BOI to notifies the applicant of the additional docs required...docs they need to upload to their application so the application review can continue.    To the application it can appear BOI is the only agency involved but it not that way....multiple agencies are involved but to the applicant it appears as it's only BOI.  

 

 All of those the govt agencies must review/agree with the LTR application before BOI issues the Endorsement Letter.  When all govt agencies agree with the application via a review/coordination process then BOI issues/signs the Endorsement Letter which is signed by the Director of BOI Expat Services.   

 

With that Endorsement Letter now issued the applicant has 60 days to pay the LTR visa fee and have it actually issued.  If the applicant fails to follow thru by going to Bangkok BOI Immigration to pay the fee and have the visa stamp into their passport OR use the evisa process to pay the fee/issue the visa then the Endorsement Letter expires and the person is back to ground zero.  Must start from zero with a new application if they still want an LTR visa.

 

 

I received the endorsement letter from BOI (took less than 4 weeks after a few requests for more documents).     I set up an account on https://www.thaievisa.go.th/  then uploaded the Endorsement letter (and paid) on Sept 2.        But it has been sitting in "Processing: Pending Approval" since then.      I did just email [email protected] (Secretariat of the Department) I found on a different website as the prior site had no contact info. 

Just started to get a little worried about how long it is taking (as I heard it others received it in a week).    I assume everything is ok since I did get the BOI endorsement letter and paid. (I want to make my flight reservations soon...)

42 minutes ago, K2938 said:

In 2025, the average household income for Americans aged 65 and older is for example approximately 84,000 USD.

That figure may be correct, but that figure also includes people still working, and some with higher incomes tend to work well past age 65. I do agree that the majority of retired expats in Thailand do not qualify for the LTR-WP visas based on their income.

 

The Senior Citizens League claims that 27% of US retirees live on SS alone, and that SS makes up more than one-half of the total income for 67% of retirees. That's kind of depressing when supposedly in less than 10 years, the SS Trust fund will run out of money.

35 minutes ago, K2938 said:

Quote

Indeed. ~7000 exceptions.

 

Not even this.  Wealthy pensioners is only about 2000.  If I remember correctly, the guestimate for the number of foreign retirees in Thailand is about 100,000 so that means only about 2% of those fulfill the LTR criteria which indeed shows how skewed the foreign pensioner group in Thailand is towards poorer people.  I would bet that in many Western countries the number of retirees with an income of over 80,000 USD is vastly higher.  In 2025, the average household income for Americans aged 65 and older is for example approximately 84,000 USD.

 

 

 

Of course the number of Western countries with the number of retires with an income of over 80,000 US will be higher.

 

That is not the point.

 

The point is there are at LEAST 7,000 exceptions who made the LTR requirements - where to make such one needs to be a person of moderate means - Probably there is more than 7,000 as some expats in Thailand (on type-O/OA and other visas) who are of moderate means, where they could meet the BoI LTR requirements if they restructured their finances. 

 

So it is likely MUCH more than 7,000 in Thailand and definitely far far above your 2,000 figure. 

 

Look no further than this thread, where you will read of some of some who claim they are of moderate means  ... where THEY claim   THEY claim they can meet BoI requirements but they CLAIM they choose not too for a bunch of reasons, from their not wanting Health Insurance (per BoI requirements - they prefer to gamble),  to those who are simply are cynical about Thailand and don't believe the LTR will last.

 

so are you saying those people who claim they are of moderate means (but don't like the LTR) do not exist? If not, then the number is clearly greater than 7,000.

 

My 7,000 came from BoI.  From whence comes your 2,000?  i think you simply put your finger in the air, pulled out a number from the air, put the number in a post in this thread, for the sheer fun of debating a weak point of yours.

 

Where does your 2,000 come from?

 

5 minutes ago, JohnnyBD said:

That figure may be correct, but that includes people still working, and those with higher incomes tend to work well past age 65, like our US Senators & our President. You can't say $84,000 is the average income for age 65 retired Americans with passive income only because that's not true. I don't know what the real number is, but my guess it's much less than $84,000 per year.

I would be careful using "average/mean"... as it can easily be skewed.   When searching I found that the median is $54,710.

However, this figure combines both retired individuals and those still in the workforce, so the average for purely retired individuals may differ.

1 hour ago, JimGant said:

BUT, for sure, those already on an LTR visa will be grandfathered --

 

I agree.For those who have already secured an LTR visa (to be specific a wealthy pensioner based on at least $ 80,000 passive income and no other investment) will not have their status overturned or significantly amended nor will the associated tax benefits be revoked.But I completely disagree that BOI has some kind of special status that protects all its actions.Immigration is not a BOI responsibility and it is very easy to imagine a Ministry Of Interior at some time in the future resisting trespassers on its fief.The wealthy pensioner category is an obvious target and most rational observers already see there is something odd about it.

10 minutes ago, Dezmo said:

I would be careful using "average/mean"... as it can easily be skewed.   When searching I found that the median is $54,710.

However, this figure combines both retired individuals and those still in the workforce, so the average for purely retired individuals may differ.

I agree. My guess is most people's income decreases when they retire. The Senior Citizens League claims that 27% of retirees live on SS alone, and that SS makes up more than one-half of the total income for 67% of retirees. That's kind of depressing when supposedly in less than 10 years, the SS Trust fund will run out of money.

4 minutes ago, jayboy said:

 

I agree.For those who have already secured an LTR visa (to be specific a wealthy pensioner based on at least $ 80,000 passive income and no other investment) will not have their status overturned or significantly amended nor will the associated tax benefits be revoked.But I completely disagree that BOI has some kind of special status that protects all its actions.Immigration is not a BOI responsibility and it is very easy to imagine a Ministry Of Interior at some time in the future resisting trespassers on its fief.The wealthy pensioner category is an obvious target and most rational observers already see there is something odd about it.

 

This to a large extent boils down to the Royal Decree.  If others in government dislike the LTR, they will need to overturn the Royal Decree.

 

I am not saying that can't happen, but i am saying, it won't be easy if BoI oppose such.  BoI does have backing in high places.

46 minutes ago, Dezmo said:

 

I received the endorsement letter from BOI (took less than 4 weeks after a few requests for more documents).     I set up an account on https://www.thaievisa.go.th/  then uploaded the Endorsement letter (and paid) on Sept 2.        But it has been sitting in "Processing: Pending Approval" since then.      I did just email [email protected] (Secretariat of the Department) I found on a different website as the prior site had no contact info. 

Just started to get a little worried about how long it is taking (as I heard it others received it in a week).    I assume everything is ok since I did get the BOI endorsement letter and paid. (I want to make my flight reservations soon...)

 

If you are super nervous about this, pick up the phone and phone BoI.  

 

My experience is that they are very receptive to answering phone calls if one is polite on the phone. They have staff who speak English.

4 hours ago, TroubleandGrumpy said:

I hope every day - every day I drive the car or ride the bike I hope it all goes well - hope is everything. 

You can stay in bed - safer there - but if you do walk drive ride outside, I hope it all goes well. 

That's why insurances have been created, to allow people not to rely only on hope (as it's slightly hit-and-miss).

1 hour ago, oldcpu said:

 

If you are super nervous about this, pick up the phone and phone BoI.  

 

My experience is that they are very receptive to answering phone calls if one is polite on the phone. They have staff who speak English.

 

Expect @Dezmo needs to ping the evisa folks as he's done as to why the delay.   But pinging BOI couldn't hurt...maybe ask do they know anything about why his LTR evisa application is still processing/pending approval....can BOI help?....maybe the BOI LTR folks can ping the Ministry of Foreign Affairs.  Yeap...couldn't hurt. 

2 hours ago, oldcpu said:

My 7,000 came from BoI.  From whence comes your 2,000?  i think you simply put your finger in the air, pulled out a number from the air, put the number in a post in this thread, for the sheer fun of debating a weak point of yours.

 

Where does your 2,000 come from?

Your numbers are just wrong.  The approximately 7,000 is the total number of LTR visa issued of all categories, wealthy pensioners of this only make up about 2,000.

"According to recent statistics from the BOI (for the period from 11 September 2022 to 28 February 2025), a remarkable 6,562 applications have received endorsement, with wealthy pensioners representing the largest segment (a total of 2,036 endorsements). "

 

https://www.nishimura.com/en/knowledge/publications/20250407-111471?utm_source=chatgpt.com
 

Latest BOI LTR stats are as of 31 Aug 2025 direct from BOI....see below earlier post.

 

2 hours ago, Dezmo said:

 

I received the endorsement letter from BOI (took less than 4 weeks after a few requests for more documents).     I set up an account on https://www.thaievisa.go.th/  then uploaded the Endorsement letter (and paid) on Sept 2.        But it has been sitting in "Processing: Pending Approval" since then.      I did just email [email protected] (Secretariat of the Department) I found on a different website as the prior site had no contact info. 

Just started to get a little worried about how long it is taking (as I heard it others received it in a week).    I assume everything is ok since I did get the BOI endorsement letter and paid. (I want to make my flight reservations soon...)

I suggest you email the Thai consulate where you applied for the e-visa. If it is New York they are not responsive. They do not answer their phones. But your experience may vary. it could be someone in the approving chain may be out on vacation. 

1 hour ago, 1tent42 said:

I suggest you email the Thai consulate where you applied for the e-visa. If it is New York they are not responsive. They do not answer their phones. But your experience may vary. it could be someone in the approving chain may be out on vacation. 

Thanks... I emailed info [at] thaicgny.com also.

2 hours ago, K2938 said:

Your numbers are just wrong.  The approximately 7,000 is the total number of LTR visa issued of all categories, wealthy pensioners of this only make up about 2,000.

"According to recent statistics from the BOI (for the period from 11 September 2022 to 28 February 2025), a remarkable 6,562 applications have received endorsement, with wealthy pensioners representing the largest segment (a total of 2,036 endorsements). "

 

https://www.nishimura.com/en/knowledge/publications/20250407-111471?utm_source=chatgpt.com
 

 

First , your number is wrong for LTR_WP and further you are restricting this to only LTR Visa.  You number makes ZERO sense. 

 

Lets start with LTR-WP.  If you go to the BOI website you will see that # is 2,568. OK. Not 2036. Already, your Feb-2025 #s are wrong as they are BADLY out of date.  The latest # for LTR visa are 7,121 (albeit that includes dependents).  Not your 6,562. Your numbers are out of date.

 

Second, why are you limiting the scope to only pensioners?  That makes zero sense.  Do you think the LTR-WGC are poor?  Do you think the LTR-WFTP are poor?  Do you thank the LTR-HSP are poor?

 

But the LTR is not the be all and end all when it comes to those foreigners of means in Thailand.  Why are you limiting to those of means to the LTR visa? Again, that makes zero sense.   LTR visa holder are not the only foreigners in Thailand with money.

 

As for your inexplicably restricting your #s to the LTR-WP,  I want to point out that you need to add 370 LTR wealthy global citizens to the 2,568 LTR wealth pensioners.  Those two groups alone mean close ~3,000. NOT your 2,000.

 

Further if you add the Work from Thailand Professionals and High Skilled professionals, all of whom also wealthier than the average Thai and these foreigners are also persons of means , and that adds another 2,000.  Add that 2,000 to the 3,000 and we are far above your outdated number 2,000. 

 

Then you need to add those of other Thai visas such as Elite.  I don't have precise #s there, but I have read the Elite visa is over 1,000.  

 

Then consider the persons of means who decide to remain on the type-O because of no-health insurance requirements or because they refused to restructure their finances to BoIs requirements. So do you honestly believe there is no one on a Type-O or Type-OA visa who is not a person of means?

 

Your 2,000 is simply both out of date and wrong.   

 

 

1 hour ago, Dezmo said:

Thanks... I emailed info [at] thaicgny.com also.

 

i wish you luck. When I applied for the LTR visa, unlike the experience of some, I never received email replies.  If you want a quick answer, I repeat, pick up the phone and call.  It does not hurt to try.  All in my opinion.  Good luck.

36 minutes ago, oldcpu said:

3 hours ago, K2938 said:

Your numbers are just wrong.  The approximately 7,000 is the total number of LTR visa issued of all categories, wealthy pensioners of this only make up about 2,000.

"According to recent statistics from the BOI (for the period from 11 September 2022 to 28 February 2025), a remarkable 6,562 applications have received endorsement, with wealthy pensioners representing the largest segment (a total of 2,036 endorsements). "

 

https://www.nishimura.com/en/knowledge/publications/20250407-111471?utm_source=chatgpt.com
 

Expand  

 

First , your number is wrong for LTR_WP and further you are restricting this to only LTR Visa.  You number makes ZERO sense. 

 

Lets start with LTR-WP.  If you go to the BOI website you will see that # is 2,568. OK. Not 2036. Already, your Feb-2025 #s are wrong as they are BADLY out of date.  The latest # for LTR visa are 7,121 (albeit that includes dependents).  Not your 6,562. Your numbers are out of date.

 

Second, why are you limiting the scope to only pensioners?  That makes zero sense.  Do you think the LTR-WGC are poor?  Do you think the LTR-WFTP are poor?  Do you thank the LTR-HSP are poor?

 

But the LTR is not the be all and end all when it comes to those foreigners of means in Thailand.  Why are you limiting to those of means to the LTR visa? Again, that makes zero sense.   LTR visa holder are not the only foreigners in Thailand with money.

 

As for your inexplicably restricting your #s to the LTR-WP,  I want to point out that you need to add 370 LTR wealthy global citizens to the 2,568 LTR wealth pensioners.  Those two groups alone mean close ~3,000. NOT your 2,000.

 

Further if you add the Work from Thailand Professionals and High Skilled professionals, all of whom also wealthier than the average Thai and these foreigners are also persons of means , and that adds another 2,000.  Add that 2,000 to the 3,000 and we are far above your outdated number 2,000. 

 

Then you need to add those of other Thai visas such as Elite.  I don't have precise #s there, but I have read the Elite visa is over 1,000.  

 

Then consider the persons of means who decide to remain on the type-O because of no-health insurance requirements or because they refused to restructure their finances to BoIs requirements. So do you honestly believe there is no one on a Type-O or Type-OA visa who is not a person of means?

 

Your 2,000 is simply both out of date and wrong. 

Your tirade is astonishing and does not really fit the appropriate tone for this forum.   Your claimed 7000 number was totally off and now you want to pick a new fight because of some small changes in the numbers over a few months which are orders of magnitude smaller than your error?   And you also seem to be of the opinion that when calculating the percentage of wealthy pensioners in Thailand, the other LTR visa categories should also be included?  Probably you have a bad day, so I will not further respond, but I do not like the tone of the discussion.

 

 

 

 

10 minutes ago, K2938 said:

Your tirade is astonishing and does not really fit the appropriate tone for this forum.   Your claimed 7000 number was totally off

 

Your 2,000 number was out of date. Simply admit it.

 

I have no desire to 'pick a fight'. 

 

The point I am making is there are many foreigners of means in Thailand, not the tiny percentage that you are others are suggesting. That is not to say the majority are not 'of means' (as I believe the majority of foreigners in Thailand are NOT of means) but the % of foreigners of means is much larger than many admit.

 

21 minutes ago, oldcpu said:

28 minutes ago, K2938 said:

Your tirade is astonishing and does not really fit the appropriate tone for this forum.   Your claimed 7000 number was totally off

 

Your 2,000 number was out of date. Simply admit it.

 

I have no desire to 'pick a fight'. 

 

The point I am making is there are many foreigners of means in Thailand, not the tiny percentage that you are others are suggesting. That is not to say the majority are not 'of means' (as I believe the majority of foreigners in Thailand are NOT of means) but the % of foreigners of means is much larger than many admit.

Probably you have a bad day, so I will not further respond, but I do not like the tone of the discussion.

 

Folks .... please, there's no need to quarrel. If you're claiming this or that statistic as fact, simply cite the source where you got it from. Many thanks. 

22 hours ago, JimGant said:

Wow, are you misinformed. BoI works directly for the PM. Thus, they're not about to get overruled by any dept or agency. And, having their directives in the form of Royal Decrees -- says such directives are basically in stone -- not to be messed with by any new govt/PM. 

 

Worst case: the LTR program may, in the future, be superseded by a similar program, attempting to lasso expats of means (but maybe, even, a more relaxed program....). BUT, for sure, those already on an LTR visa will be grandfathered -- as have those in the past, when new immigration requirements changed the rules. Contrary to your negative thoughts, Thailand will do what it can to maintain being in the world's top 10 countries for expats. 

Wow you sure get thing wrong a lot - and all the LTR 'fanatics'.

 

ALL repeat ALL long term Expats Visa in those other countries are managed from the one Office.

 

ALL repeat ALL long term Expat Visa are processed and approved by that one Office.

 

Seems to be a lot of unnecessary self-justification by the LTR Visa 'fanatics'.

And aggressive attitude towards anyone who decides the LTR Visa posses too much risk (income tax) and cost (Insurance).

 

19 hours ago, Yumthai said:

That's why insurances have been created, to allow people not to rely only on hope (as it's slightly hit-and-miss).

I got insurance for house and car in Thailand - reasonable coverage and reasonable costs.

 

The LTR 'approved' health insurance quotes I have (many) are unreasonable in both coverage and costs.  And as I have said many many times (this last) I self insure and have 1 million baht available here - and more in 2-3 days. And I refuse to put $100K USD into a Thai savings account - and cannot in Oz (tax and pension issues).  The insurance coverage they DEMAND is $50K USD - but they demand $100K USD in a bank - scam.  

 

15 hours ago, K2938 said:

Probably you have a bad day, so I will not further respond, but I do not like the tone of the discussion.

 

Mate - just to explain - I have been thinking about getting an LTR Visa - and I started another thread asking that question and for advice, and I ended up here.  In the end I decided I did not want the LTR Visa - at this time - for 2 reasons and I stated why.

 

1. The mandated health insurance, or their cash in bank option, is unacceptable to me. 

2. There is an income tax risk when Thai land moves to a global taxation system based on actually earnings overseas (like everyone else)  and away from the current tax system whereby income earned overseas is only taxed when remitted into Thailand. The current LTR exemption only applies to remitted overseas income - no one knows for certain if they will also exempt all overseas income under an LTR - therefore I dont want them knowing my overseas financial details.   

 

That has caused some anger in LTR holders who do not like me saying all that above, and think I am wrong.   

19 hours ago, oldcpu said:

Your 2,000 number was out of date. Simply admit it.

 

He already did in the post above yours, but it's immaterial.

 

You used the term "7,000 exceptions" which was obviously from the total LTR visa figure of which less than 1/3 are in the WP category.  Pointing this out has led you to lump in other LTR and non LTR wealthy residents to muddy the waters.  It was your figure of 7,000 that was being responded to, not a figure of 7,000 + +.

 

As on other threads your posts are a bit off and your arguments twist and turn with semantics and misinformation.  No credibilty IMO.