4 hours ago, ronnie50 said:

but has some interest on Thai bank income (let's say only 2,000 THB per year or so), and has no other Thai income, does that person still need to even file a Thai tax return

No, you are not required to file a tax return with only 2,000 Baht interest income. That is way below the tax filing threshold.

On 10/6/2025 at 7:50 PM, ronnie50 said:

Just to clarify though....

 

If one holds an LTR-WP, and is exempt from paying income tax in Thailand on foreign income, but has some interest on Thai bank income (let's say only 2,000 THB per year or so), and has no other Thai income, does that person still need to even file a Thai tax return, even if resident in the country a full year? I guess, no, just ignore the whole Thai tax thing?

 

Others have already answered your question re: 2,000 THB bank interest.   Even if you told your bank not to withhold any tax, your 2,000 THB  is far below the threshold where a Thai income tax return should be filed. 

 

Lets assume thou (hypothetical), you obtained 250,000 THB in Interest from the Thai Bank. (and I note this is VERY hypothetical, as I consider that VERY unrealistic - who would have put sufficient funds in cash in a Thai bank to garner that much interest ??  No one. That's who. No one.  But for the sake of argument, assume that the case.  That 250,000 THB hypothetical interest is FAR above the threshold where in an income tax return is nominally needed if that 250,000 THB interest is assessable income.

 

However, assume the Thai bank with held 15% tax.  Then one only gets 250,000 minus the 37,500 THB withholding tax, ie 212,500 THB after with holding tax. 

 

If that 212,500 THB was assessable income, it would mean a Thai tax return required. HOWEVER since the Thai bank already with drew 37,500 as tax, then per Thailand Tax law, which I quoted above, the remaining 212,500 THB has had its tax obligations met and thus is not to be included in the assessable income category, and hence even in this hypothetical case, a Thai tax return would NOT be required.  

 

Feel free to crawl through the Thai tax law like I did.  I made it easy by quoting the relevant sections in Thai tax law in a previous post.

 

I am no tax advisor, but that is how I read the law, in this rather silly hypothetical case. 

 

i suspect it highly unlikely that many (and unlikely even a few) will have sufficient interest income (from Thailand) to require filing a Thai tax return, even IF the Thai bank did not take withholding tax (assuming no other Thai income).  Why? Typically we invest our money elsewhere (outside of Thailand).

 

This is IMHO applicable to LTR visa holders and to holders of all other visas as well.   

 

In my case - Because I have Thai government bonds and interest from the bank AND if I did not have withholding tax, I actually could come close, but close is not enough. One needs to meet the threshold (to be required to file a tax return).  And even if the interest (after tax) i received, reached the tax filing threshold, because I already paid withholding tax on the interest, my tax obligation on that interest is met. No Thai tax return needed.  This is 100% in accordance with Thai tax law as I read it.

 

Feel free to crawl through the Thai tax law like I did if uncertain about my assessment (and it not just mine, others on this forum have stated the same thing).   Again, i am no tax advisor - but I did crawl through the tax law.

 

Best wishes.

Can anyone share his experience of transferring his LTR visa to a new passport - I'll be returning with a new passport from my home country - carrying my old (invalidated) passport with a stamped LTR visa and a brand new passport  - do I have to make sure that the immigration officer stamps my new passport according to the LTR visa in my old passport instead of entering on a visa waver as this might be seen as a violation of the rules? I worry the immigration officer might refuse to honour the LTR visa in the old passport and this might be seen as forgoing the LRTR visa because on the BOI website it states "IF YOU SWITCH TO ANOTHER TYPE OF VISA TO ENTER THE KINGDOM OR IF YOU FAIL TO MAINTAIN YOUR LTR VISA PERIOD, THIS MEANS YOU HAVE WAIVED THE RIGHT TO PRESERVE THIS 10-YEAR RIGHT BY LAW. THE IMMIGRATION BUREAU HAS RECENTLY INFORMED US THAT THIS WILL RESULT IN
THE TERMINATION OF YOUR LTR VISA."

2 hours ago, White Rabbit said:

Can anyone share his experience of transferring his LTR visa to a new passport - I'll be returning with a new passport from my home country - carrying my old (invalidated) passport with a stamped LTR visa and a brand new passport  - do I have to make sure that the immigration officer stamps my new passport according to the LTR visa in my old passport instead of entering on a visa waver as this might be seen as a violation of the rules? I worry the immigration officer might refuse to honour the LTR visa in the old passport and this might be seen as forgoing the LRTR visa because on the BOI website it states "IF YOU SWITCH TO ANOTHER TYPE OF VISA TO ENTER THE KINGDOM OR IF YOU FAIL TO MAINTAIN YOUR LTR VISA PERIOD, THIS MEANS YOU HAVE WAIVED THE RIGHT TO PRESERVE THIS 10-YEAR RIGHT BY LAW. THE IMMIGRATION BUREAU HAS RECENTLY INFORMED US THAT THIS WILL RESULT IN
THE TERMINATION OF YOUR LTR VISA."

This is too important a question to get it wrong and regulations change.  So if I were you I would contact the BOI by email.  They respond extremely quickly.

6 hours ago, White Rabbit said:

Can anyone share his experience of transferring his LTR visa to a new passport - I'll be returning with a new passport from my home country - carrying my old (invalidated) passport with a stamped LTR visa and a brand new passport  - do I have to make sure that the immigration officer stamps my new passport according to the LTR visa in my old passport instead of entering on a visa waver as this might be seen as a violation of the rules? I worry the immigration officer might refuse to honour the LTR visa in the old passport and this might be seen as forgoing the LRTR visa because on the BOI website it states "IF YOU SWITCH TO ANOTHER TYPE OF VISA TO ENTER THE KINGDOM OR IF YOU FAIL TO MAINTAIN YOUR LTR VISA PERIOD, THIS MEANS YOU HAVE WAIVED THE RIGHT TO PRESERVE THIS 10-YEAR RIGHT BY LAW. THE IMMIGRATION BUREAU HAS RECENTLY INFORMED US THAT THIS WILL RESULT IN
THE TERMINATION OF YOUR LTR VISA."

I got my LTR visa March 2023 & in March 2025 I flew from Dallas to Chiang Mai (CM) with a new empty US passport & my old passport containing the LTR visa & multiple entry stamp.  No problem.  While in US my old barcode was damaged so I had to get a new passport to be able to board the flight to CM.  Upon arrival at CM airport the airport immigration folks annotated some temporary LTR info into the new passport.

 

I knew I had to take both passports somewhere (BOI probably) to officially get the full LTR stamps (& multiple entry stamp) put into my new passport.  Perhaps I could have done that at the regular CM Immigration office, perhaps not, I do not know & was hesitant to waste my time.   Since I planned on a June trip to Bangkok anyway, I didn't bother with CM Immigration. 

 

In Bangkok in June i went to the new BOI LTR location in the massive new "One Bangkok" development.  Easy to find the office (info know about it & the BOI/LTR function).  I just showed up without an appointment.  When I got to the area serving existing LTR holders there were 3 reception girls on hand & no que.  One of the girls took both of my passports & disappeared while I relaxed.  15 minutes later she returned both passports & my new passport had the required LTR & multiple entry stamps.

 

 

37 minutes ago, OneZero said:

I got my LTR visa March 2023 & in March 2025 I flew from Dallas to Chiang Mai (CM) with a new empty US passport & my old passport containing the LTR visa & multiple entry stamp.  No problem.  While in US my old barcode was damaged so I had to get a new passport to be able to board the flight to CM.  Upon arrival at CM airport the airport immigration folks annotated some temporary LTR info into the new passport.

 

I knew I had to take both passports somewhere (BOI probably) to officially get the full LTR stamps (& multiple entry stamp) put into my new passport.  Perhaps I could have done that at the regular CM Immigration office, perhaps not, I do not know & was hesitant to waste my time.   Since I planned on a June trip to Bangkok anyway, I didn't bother with CM Immigration. 

 

In Bangkok in June i went to the new BOI LTR location in the massive new "One Bangkok" development.  Easy to find the office (info know about it & the BOI/LTR function) & when I got there a few girls were on hand (wo a que) to take both of my passports while I relaxed.  15 minutes later they returned both passports & my new passport had the required LTR & multiple entry stamps.

 

 

Thank you very much for sharing your experience, much appreciated. 

To be on the safe side I also got my Thai partner to a write a letter in Thai for the immigration officer explaining the situation. Can't be be paranoid enough - don't want to lose my LTR visa. 😉 

7 hours ago, OneZero said:

I got my LTR visa March 2023 & in March 2025 I flew from Dallas to Chiang Mai (CM) with a new empty US passport & my old passport containing the LTR visa & multiple entry stamp.  No problem.  While in US my old barcode was damaged so I had to get a new passport to be able to board the flight to CM.  Upon arrival at CM airport the airport immigration folks annotated some temporary LTR info into the new passport.

 

I knew I had to take both passports somewhere (BOI probably) to officially get the full LTR stamps (& multiple entry stamp) put into my new passport.  Perhaps I could have done that at the regular CM Immigration office, perhaps not, I do not know & was hesitant to waste my time.   Since I planned on a June trip to Bangkok anyway, I didn't bother with CM Immigration. 

 

In Bangkok in June i went to the new BOI LTR location in the massive new "One Bangkok" development.  Easy to find the office (info know about it & the BOI/LTR function).  I just showed up without an appointment.  When I got to the area serving existing LTR holders there were 3 reception girls on hand & no que.  One of the girls took both of my passports & disappeared while I relaxed.  15 minutes later she returned both passports & my new passport had the required LTR & multiple entry stamps.

 

 

I am curious... I think when you get a new passport in the USA it also has a new number. (I seem to recall).  So if you are out of country, and have a new passport, and enter Thailand might they check the LTR visa letter and the Passport to see if numbers match?

(I am still waiting on my letter as I paid and sent them my BOI approval letter on Sept 2..... NYC says it is still processing... hmmm).

 

I would assume IO would let you in country but it may be best to get the LTR letter updated with new passport number (if it contains it).

 

But according to your content it sounds like they may stamp the Passport wth a LTR Visa and ME (so I no longer need the paper LTR)?

2 hours ago, Dezmo said:

I am curious... I think when you get a new passport in the USA it also has a new number. (I seem to recall).  So if you are out of country, and have a new passport, and enter Thailand might they check the LTR visa letter and the Passport to see if numbers match?

(I am still waiting on my letter as I paid and sent them my BOI approval letter on Sept 2..... NYC says it is still processing... hmmm).

 

I would assume IO would let you in country but it may be best to get the LTR letter updated with new passport number (if it contains it).

 

But according to your content it sounds like they may stamp the Passport wth a LTR Visa and ME (so I no longer need the paper LTR)?

The person who posted this has the LTR visa in their passport.  That means they picked up the visa from Bangkok after approval.

If you purchase the visa outside of Thailand, it will be in the form of a PDF document you have to carry for 10 years and will not be in your passport.  In that case you might have to carry both passports for the duration of the visa, or the BOI may have a procedure for linking the passports after you go to their office. 

Hi all,

 

Among those of you Americans retired Fed civil servants on the FSPA/Aetna health insurance plan (or BlueCross since they both cover abroad) who have successfully applied for the WP LTR visa in the past couple of years, could you please give precisions on whether or not these plans are now acceptable by the BOI?

 

Thanks in advance for any info,

 

NW

 

 

Visit to the regional (not the local) TRD regarding the LTR tax exemption.

 

I was with a friend who is proficient in Thai and pays taxes in Thailand. We asked the same questions more than once. The exchange took place partly in Thai, partly in English. The upshot was as follows:

 

1) My foreign pension is tax-free in Thailand as per Royal Decree, never mind how and when my pension gets remitted. I don't need to file a tax return in respect of my remitted pension.

 

2) I am not entitled to a tax refund on the dividend withholding tax from my Thai stocks. I should not be applying for such a refund.

 

3) I should not file taxes with respect to my Thai dividends. The 10% withholding tax is final.

 

We didn't ask about capital gains (as opposed to "pension") as we wanted to cut to the chase and keep things simple.

 

On a similar note, at the regional office I also tried to get an R0 22 (certificate of tax residency). I had brought along a certificate of travel record for 2024 from Immigration. However, since I couldn't show the tax receipt or tax invoice (showing I had actually paid taxes), I couldn't get an R0 22. Having merely filed taxes as I did  - but without ending up paying anything - was not enough. In the future if I want an RO 22 I guess filing taxes electronically for a token amount should do the trick. 

On 10/20/2025 at 9:09 PM, Northwest87 said:

Hi all,

 

Among those of you Americans retired Fed civil servants on the FSPA/Aetna health insurance plan (or BlueCross since they both cover abroad) who have successfully applied for the WP LTR visa in the past couple of years, could you please give precisions on whether or not these plans are now acceptable by the BOI?

 

Thanks in advance for any info,

 

NW

 

I don't have recent data points, but here's my slightly dated experience, for what it's worth. 

 

My two fellow US Foreign Service retiree friends and I all have FSBP/Aetna insurance through FEHB (Federal Employees Health Benefits). I was the first of us to apply for the LTR, in October 2022. BoI ignored my submitted insurance documents with no explanation of why they were insufficient, so I ended up just going with the $100k in the bank method (since I happened to have had that much in my account for a year).

 

My first friend applied in December 2022, and his insurance documents were also rejected without explanation. He ended up buying a worthless throwaway local policy for about 20k baht in order to get the visa. 

 

In early 2023, I read on this forum that BoI had learned more about both FEHB and Tricare and had begun to acknowledge that both met the LTR requirements. In April of that year, my other friend applied for the LTR, and indeed they accepted his documents from FSBP with no questions.

 

So, is BoI still accepting US Government retiree insurance? I don't know, but I certainly hope so. Please let us know how it works for you.

 

1 hour ago, khunjeff said:

 

I don't have recent data points, but here's my slightly dated experience, for what it's worth. 

 

My two fellow US Foreign Service retiree friends and I all have FSBP/Aetna insurance through FEHB (Federal Employees Health Benefits). I was the first of us to apply for the LTR, in October 2022. BoI ignored my submitted insurance documents with no explanation of why they were insufficient, so I ended up just going with the $100k in the bank method (since I happened to have had that much in my account for a year).

 

My first friend applied in December 2022, and his insurance documents were also rejected without explanation. He ended up buying a worthless throwaway local policy for about 20k baht in order to get the visa. 

 

In early 2023, I read on this forum that BoI had learned more about both FEHB and Tricare and had begun to acknowledge that both met the LTR requirements. In April of that year, my other friend applied for the LTR, and indeed they accepted his documents from FSBP with no questions.

 

So, is BoI still accepting US Government retiree insurance? I don't know, but I certainly hope so. Please let us know how it works for you.

 

 

Hi,

Thank you for the info. I plan to re-apply in early 2026 and will follow up then on this thread with my experience insurance-wise. 

 

NW

I travel a bit to neighbouring countries via Don Muang, so far in every single instance the IO had to call his/her supervisor to know how to stamp me in. Yesterday none of that, that young lady process me, without mistake, in a minute or two. Things are looking up..

On 9/24/2025 at 9:40 AM, Dezmo said:

Thanks... they seem to be active on FB.    I sent a message last night and got a auto-reply with link to website..... and hope they respond soon.   So odd my app has been pending since Sep 2 (and I paid).. i assume everything is ok since BOI provided the letter to upload.

 

Maybe just busy there... I may try to call also later.

 

BTW - PJ is a great writer.. 🙂

I still have not received the Visa. I DM them again on Facebook... waiting...

 

I submitted the BOI letter to NYC on September 2 after receipt on September 1.    It mentioned it is good until Oct 31.  I did already pay the fee.   I forgot what day I mentioned arriving in Thailand...maybe mid Nov..but just changed my flight o Nov 24.  

 

Maybe they are approving in some order of arrival?

 

I just hope that by applying and paying the fee the BOI letter expiration now does not apply 😞 and it's fine since I paid already.

 

 

 

 

If they`ve taken the money then it`s likely the visa will follow . My non O from London was pending for 4 weeks , then pending approval for another 10 days . Got it eventually . In response to an email they said sorry for the delay but they were experiencing unusually high demand . 

10 hours ago, Dezmo said:

I still have not received the Visa. I DM them again on Facebook... waiting...

 

I submitted the BOI letter to NYC on September 2 after receipt on September 1.    It mentioned it is good until Oct 31.  I did already pay the fee.   I forgot what day I mentioned arriving in Thailand...maybe mid Nov..but just changed my flight o Nov 24.  

 

Maybe they are approving in some order of arrival?

 

I just hope that by applying and paying the fee the BOI letter expiration now does not apply 😞 and it's fine since I paid already.

 

 

 

 

I'm sorry to hear about the delay.  My experience with NYC via FB messaging was they were very prompt, answering within 24-48 hours.  The BOI LTR unit has connections, albeit somewhat indirect.  I'd suggest both emailing and calling the LTR unit to see if they can help clarify what the delay could be. They may be able to move things along through their back channels.

On 10/23/2025 at 1:14 PM, Peter Crow said:

I travel a bit to neighbouring countries via Don Muang, so far in every single instance the IO had to call his/her supervisor to know how to stamp me in. Yesterday none of that, that young lady process me, without mistake, in a minute or two. Things are looking up..

I got caught up in an immigration check at a villa construction site last week. Had to show them a scanned copy of my pages. Wow, some really didn't have a clue what a LTR visa was. Said it was expired (they assumed the 2034 stamp was 2024 and Interestingly; his mobile phone where he was looking me up did not know of my LTR (or he couldn't find it), and only knew of my cancelled Non-O from 2024. That was a bit freaky) then said it wasn't real (I think), they really thought they had a big fish in amongst the Burmese workers. I was put up against a  wall! Took a good 10 minutes until someone with a clue interjected and let me leave. (Not after one of them trying to start a WP conversation, which I shot down - I wasn't working).

1 hour ago, gravity101 said:

I got caught up in an immigration check at a villa construction site last week. Had to show them a scanned copy of my pages. Wow, some really didn't have a clue what a LTR visa was. Said it was expired (they assumed the 2034 stamp was 2024 and Interestingly; his mobile phone where he was looking me up did not know of my LTR (or he couldn't find it),

 

Interesting, but puzzling.

 

The 'permission to stay stamp' (if one has previously left and then returned to Thailand), is very clear in my passport as to when the permission to stay expires, in 5 years from when the Visa (in my case) was issued. 

 

If your LTR expires in 2034, then your permission to stay must (I assume) clearly state a permission to stay until 2029 ! NOT 2034 ... and IMHO THAT year 2029 permission to stay date,  is THE year/date they should be looking at, Not at the year 2034 date of the LTR visa expiry.

 

Puzzling.

 

19 minutes ago, oldcpu said:

 

Interesting, but puzzling.

 

The 'permission to stay stamp' (if one has previously left and then returned to Thailand), is very clear in my passport as to when the permission to stay expires, in 5 years from when the Visa (in my case) was issued. 

 

If your LTR expires in 2034, then your permission to stay must (I assume) clearly state a permission to stay until 2029 ! NOT 2034 ... and IMHO THAT year 2029 permission to stay date,  is THE year/date they should be looking at, Not at the year 2034 date of the LTR visa expiry.

 

Puzzling.

 

My permission to stay  is actually 2027 as that when my passport expires. I didn't have a scan of that page on my phone.

Transfer of existing LTR visa stamps at TIESC from old to new passport after a visit to my home country was smooth. The clerk at the LTR lounge at TIESC took my docs, checked everything and told me she wold call me once all is completed which took around two hours that I've spent in the very pleasant shopping mall. But it's very important to  keep in mind to a) get your new passport BEFORE the old one expires (with its visa stamp in it…) and b) make you sure you enter the Kingdom on your (still valid) LTR visa stamp carrying both passports old and new as entering on visa exemption (or any other visa) will inevitably invalidate your LTR visa. The immigration officers at BKK airport might have to consult their supervisors as they are not necessarily familiar with this procedure. In my case I did a carry a letter in Thai describing the procedure politely asking the immigration official to follow it. She did have to consult with two supervisors even at the fast track entry at Subvarnabhumi airport but all very politely and done within 10 minutes or so. 

15 hours ago, Misty said:

I'm sorry to hear about the delay.  My experience with NYC via FB messaging was they were very prompt, answering within 24-48 hours.  The BOI LTR unit has connections, albeit somewhat indirect.  I'd suggest both emailing and calling the LTR unit to see if they can help clarify what the delay could be. They may be able to move things along through their back channels.

NYC did respond again on FB and said:

'The Consul has been notified of this matter. We will consider your application as soon as possible.'

 

Similar to 4 weeks ago.  Guess I'll be patient. 😉

 

I had asked BOI long ago but they said to contact the consulate.

On 10/26/2025 at 10:57 PM, gravity101 said:

My permission to stay  is actually 2027 as that when my passport expires. I didn't have a scan of that page on my phone.

 

An interesting point to note. ... If one decides not to carry their passport with them in Thailand when going about locally and mostly staying at home  (I never when in Phuket carry my passport with me (unless doing banking), rather I carry my pink ID and scanned copies on my phone of my passport image page, and scanned copy of my LTR Visa page) that one should consider to also have (on one's smartphone) an image copy of the latest 'permission to stay' stamp from one's passport.

.

12 hours ago, oldcpu said:

 

An interesting point to note. ... If one decides not to carry their passport with them in Thailand when going about locally and mostly staying at home  (I never when in Phuket carry my passport with me (unless doing banking), rather I carry my pink ID and scanned copies on my phone of my passport image page, and scanned copy of my LTR Visa page) that one should consider to also have (on one's smartphone) an image copy of the latest 'permission to stay' stamp from one's passport.

.

Agree. It was pure luck I even had those pages scanned and available on my phone as I'd recently sent them to the marine office on Line. I now have more pages scanned and stored on the phone for easy accessibility for the future. In all my  years, this was the first time I had been asked for my 'papers' while out and about.

13 hours ago, oldcpu said:

 

An interesting point to note. ... If one decides not to carry their passport with them in Thailand when going about locally and mostly staying at home  (I never when in Phuket carry my passport with me (unless doing banking), rather I carry my pink ID and scanned copies on my phone of my passport image page, and scanned copy of my LTR Visa page) that one should consider to also have (on one's smartphone) an image copy of the latest 'permission to stay' stamp from one's passport.

.

I've carried nothing but my Thai D/L for the past 16 years, and only traffic stops ever asked for that.

For Americans who file IRS Form 1040, regarding the $80,000 income requirement for the LTR Wealthy Pensioner visa, can a portion of this amount come from Capital gains (line 7 on IRS Form 1040) if this amount is positive?   If line 7 on Form 1040 is a loss (-$3,000) due to capital loss carry-forwards, but line 2a of 1099-DIV shows Total capital gain distributions, do these Total capital gain distributions count towards the $80,000?

Can a portion of the $80,000 come from IRA distributions (line 4a on Form 1040)?  If the IRA distributions were converted to a Roth IRA (i.e. a Rollover) during the year, do the IRA distributions still count towards the $80,000? 

13 hours ago, Richard007 said:

For Americans who file IRS Form 1040, regarding the $80,000 income requirement for the LTR Wealthy Pensioner visa, can a portion of this amount come from Capital gains (line 7 on IRS Form 1040) if this amount is positive?   If line 7 on Form 1040 is a loss (-$3,000) due to capital loss carry-forwards, but line 2a of 1099-DIV shows Total capital gain distributions, do these Total capital gain distributions count towards the $80,000?

Can a portion of the $80,000 come from IRA distributions (line 4a on Form 1040)?  If the IRA distributions were converted to a Roth IRA (i.e. a Rollover) during the year, do the IRA distributions still count towards the $80,000? 

Below in red is from the BOI website. It lists the types of passive income which are accepted. It includes capital gains. It doesn't list IRA distributions, but it does say "not limited to", so BOI may accept IRA distributions as passive income. Your 1040 & 1099-R forms should show your total IRA distributions whether you withdraw or convert to a Roth, so that doesn't matter. Keep in mind, you are supposed to maintain $80,000 passive income every year. It doesn't cost anything to apply online, so why not apply and see if they approve you. I don't know how close they look at the 1040 tax returns. There may be some questions about your 1040 Line 7 (capital gains) not matching your 1099-DIV, but that can be explained with your Sch D which should show your loss carry-forward.

 

That's just my thoughts on your situation. Good luck...

unearned or passive income includes, but are not limited to pension, rental, realized capital gain, dividend, and interest payments

13 hours ago, JohnnyBD said:

Below in red is from the BOI website. It lists the types of passive income which are accepted. It includes capital gains. It doesn't list IRA distributions, but it does say "not limited to", so BOI may accept IRA distributions as passive income. Your 1040 & 1099-R forms should show your total IRA distributions whether you withdraw or convert to a Roth, so that doesn't matter. Keep in mind, you are supposed to maintain $80,000 passive income every year. It doesn't cost anything to apply online, so why not apply and see if they approve you. I don't know how close they look at the 1040 tax returns. There may be some questions about your 1040 Line 7 (capital gains) not matching your 1099-DIV, but that can be explained with your Sch D which should show your loss carry-forward.

 

That's just my thoughts on your situation. Good luck...

unearned or passive income includes, but are not limited to pension, rental, realized capital gain, dividend, and interest payments

Thanks for your comment JohnnyBD.  I was previously approved based on other types of passive income (not capital gains or IRA distributions).  I am now planning to make some changes to my finances/investments that could drop my income below $80,000 for those other types of passive income.

If anyone reading here was successfully approved for the LTR Wealthy Pensioner visa using IRS Form 1040 line 7 when it is a loss due to capital loss carry-forwards (but capital gain distributions were positive) or using line 4a when the IRA distributions were converted to a Roth IRA, I would appreciate if they can share their experience here.

3 hours ago, Richard007 said:

or using line 4a when the IRA distributions were converted to a Roth IRA,

I used part of my Required Minimum Distribution from my Traditional IRA to reach the $80k threshhold. This was in line 4A of 1040, plus I included the related 1099 and an explanation sheet. What I spent this IRA distro on was irrelevant -- a new car, a Roth, whatever. They don't care. And in the future, Roth disributions, which also show up in line 4A, can be used toward the $80k, as the passive income they're interested in doesn't have to be taxable. 

1 hour ago, JimGant said:

I used part of my Required Minimum Distribution from my Traditional IRA to reach the $80k threshhold. This was in line 4A of 1040, plus I included the related 1099 and an explanation sheet. What I spent this IRA distro on was irrelevant -- a new car, a Roth, whatever. They don't care. And in the future, Roth disributions, which also show up in line 4A, can be used toward the $80k, as the passive income they're interested in doesn't have to be taxable. 

Great, thanks for confirming it JimGant.

On 10/27/2025 at 11:48 AM, Dezmo said:

NYC did respond again on FB and said:

'The Consul has been notified of this matter. We will consider your application as soon as possible.'

 

Similar to 4 weeks ago.  Guess I'll be patient. 😉

 

I had asked BOI long ago but they said to contact the consulate.

 

Yea ..email today from NYC consulate says I am approved... LTR WP.

Thanks to all for all the help!