Thailand Long-Term Resident Visa - Wealthy Pensioner

πŸ’³ Long-Term Resident Visa - Wealthy Pensioner, Retirement Visa of Thailand - Requirements andΒ Process

πŸ•œ Duration 3650 days ✨ Extendable πŸ€‘ 6600 ($) 🧐 Retirement Visa

LTR is Long-Term Resident Visa. Requirements for the applicant:

  • Personal income of at least USD 80,000/year at the time of application
  • In case of personal income below USD 80,000/year but no less than USD 40,000/year, applicants must invest at least USD 250,000 in Thai government bonds, foreign direct investment, or Thai property
  • Health insurance with at least USD 50,000 coverage or social security benefits insuring treatment in Thailand or at least USD 100,000 deposit

Processing time is 20 days

Link to program: https://ltr.boi.go.th

βœ” Checklist of required documents for Thailand Retirement Visa

  • Copy of valid passport (first page and all pages with Thai visa stamp)
  • Photograph 3x4 cm
  • Health insurance policy covering entire course of stay in Thailand, with coverage for hospitalization treatment of no less than 50,000 OR
  • Evidence showing valid social security benefits which insures hospitalization and treatment in Thailand OR
  • Financial evidence showing a deposit of no less than 100,000 USD in a bank account which has been held for no less than 12 months at the time of app
  • Copy of Thai Government Bond in applicant’s name (optional)
  • Shareholder list with applicant’s name as a shareholder (not more than 3 months old)(optional)
  • Securities Business License from The Securities and Exchange Commission In case of investing in Venture Company (optional)
  • Copy of the sale and purchase agreement of the condominium unit made by the Applicant and the project owner/company (optional)
  • Evidence showing the incomes in current year e.g. pension

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