Somehow the USD 80,000 LTR passive annual income requirement is getting tangled up with Thai immigration's retirement extension's ThB 800,000 hostage account. The LTR WP 80,000 USD requirement must be maintained throughout all ten years and is verified at the 5-year requalification but has no requirement to be remitted or deposited here. My situation allows me to have my Social Security direct deposited to cover our living expenses here. My government pension stays in the US to invest, cover larger purchases, and travel. Both income sources are taxed only in the US per the Thai/US DTA. Back when I was on a retirement extension I had a ThB 800,000 term account at Bangkok Bank that forced me to file FinCEN 114 with the US Treasury and follow Thai immigration's rules with a pasted on smilee As soon as BOI announced the LTR WP I realized that I would qualify I applied and my life here became much more pleasant. Once the visa was stamped in my Passport I closed my bank account and. ought a new car.
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