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LTR — Wealthy Pensioner

ThailandLiving from your own income

Explore the five recorded questions, answers and sources for this pathway.

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Is this aimed at retirees, pensioners, financially independent people, passive-income holders or another profile?

The LTR Wealthy Pensioner category is aimed squarely at retirees. BOI Announcement No. Por. 3/2568 requires the applicant to be 50 years old or over and retired at the time of application, and to qualify on pensions and fixed personal income, with or without an investment in Thailand. It is one of four LTR categories alongside wealthy global citizens, work-from-Thailand professionals and highly skilled professionals, and the BOI publishes a separate required-documents list for it.

See recorded sources
Limits of the record
  • The announcement is published as an unofficial English translation; the Thai original governs.

Which types of income/assets are accepted according to the official source?

Pensions and/or fixed personal income count; under the reduced-income option, investment in Thailand in the applicant's own name also counts, in Thai Government bonds with at least five years to maturity, direct investment in a private or public limited company, a venture capital or private equity trust company registered with the Securities and Exchange Commission or certified by the relevant authorities, or property. Monthly withdrawals of principal not clearly from retirement accounts, private pensions or provident funds do not count; leasehold property counts only with at least 10 years of lease remaining.

See recorded sources
Limits of the record
  • The announcement is an unofficial translation and does not define 'fixed personal income' beyond pensions.
  • BOI Announcement No. Por. 3/2568 (unofficial English translation)
    3.2.2 Provide evidence of investment in the name of the applicant, and/or evidence of personal income in one of the following cases: (1) Receipts of pensions and/or fixed personal income of at least USD 80,000 per year as of the date of application; (2) Receipts of pensions and/or fixed personal income less than USD 80,000 per year but not less than USD 40,000 per year as of the date of application; and investment in Thailand in the name of the applicant of at least USD 250,000 and holding ownership in one or more of the following investments before the date of application: 1) Thai Government bonds issued by the Ministry of Finance with a remaining time to maturity of not less than five years as of the date of application. 2) Direct investment in a private limited company or public limited company, or investment in a venture capital company, or a private equity trust company registered with the Securities and Exchange Commission or certified by the relevant authorities. 3 3) Property.
  • LTR Visa Thailand - Frequently Asked Questions
    Monthly withdrawals of principal that are not clearly from retirement accounts, privet pensions or provident funds are not counted as passive income.
  • LTR Visa Thailand - Frequently Asked Questions
    Leasehold: Condominiums, buildings, or houses on top of the land or land being leased in the name of the applicant with a remaining time of lease agreement of no less than 10 years as of the date of application.

What income, savings or financial-resources threshold applies and how does family affect it where officially specified?

Either pensions and/or fixed personal income of at least USD 80,000 per year as of the application date, or below USD 80,000 but not below USD 40,000 per year combined with investment in Thailand in the applicant's name of at least USD 250,000 held before the application date. Every applicant also needs health insurance covering medical expenses in Thailand of at least USD 50,000 for at least 10 months, social security benefits, or a deposit of at least USD 100,000 held for at least 12 months. A dependant adds their own insurance or an extra deposit of at least USD 25,000 per person.

See recorded sources
Limits of the record
  • The announcement is an unofficial translation; it does not say whether a couple may combine incomes to reach the threshold.
  • BOI Announcement No. Por. 3/2568 (unofficial English translation)
    3.2.2 Provide evidence of investment in the name of the applicant, and/or evidence of personal income in one of the following cases: (1) Receipts of pensions and/or fixed personal income of at least USD 80,000 per year as of the date of application; (2) Receipts of pensions and/or fixed personal income less than USD 80,000 per year but not less than USD 40,000 per year as of the date of application; and investment in Thailand in the name of the applicant of at least USD 250,000 and holding ownership in one or more of the following investments before the date of application: 1) Thai Government bonds issued by the Ministry of Finance with a remaining time to maturity of not less than five years as of the date of application. 2) Direct investment in a private limited company or public limited company, or investment in a venture capital company, or a private equity trust company registered with the Securities and Exchange Commission or certified by the relevant authorities. 3 3) Property.
  • BOI Announcement No. Por. 3/2568 (unofficial English translation)
    3.2.3 Provide a health insurance policy covering medical expenses in Thailand of at least USD 50,000 with a remaining coverage period of at least 10 months as of the date of the letter of qualification endorsement issuance; or evidence of social security benefits insuring medical expenses in Thailand, or a deposit balance of at least USD 100,000 in a bank account in Thailand or abroad retained for at least 12 months as of the date of application.
  • BOI Announcement No. Por. 3/2568 (unofficial English translation)
    3.5 The dependents shall: 3.5.1 Provide evidence of being the legitimate spouse, parents, or children aged under 20 years old or legal dependents of the primary LTR Visa holder according to Item 2.1. 3.5.2 Provide a health insurance policy covering medical expenses in Thailand of at least USD 50,000 with a remaining coverage period of at least 10 months as of the date of the letter of qualification endorsement issuance; or evidence of social security benefits insuring medical expenses in Thailand, or additional deposits of at least USD 25,000 per person in the bank accounts, in Thailand or abroad in the name of the alien person according to Item 2.1 or in the own accounts of the dependents, retained for at least 12 months as of the date of application.

Can the holder work locally, run a business or perform other economic activity? What is the family position?

The BOI states that the Wealthy Pensioners category is among the LTR types that can apply for a work permit, unlike the Work-from-Thailand Professionals category which cannot. Dependants of the primary holder are the legitimate spouse, parents, and children under 20 years old or legal dependants, and an unmarried partner does not qualify because the spouse must be legally married. Neither source states what economic activity a wealthy pensioner may carry on beyond the availability of a work permit.

See recorded sources
Limits of the record
  • The sources do not describe which work or business a Wealthy Pensioner may perform once a work permit is issued, nor whether dependants may work.
  • LTR Visa Thailand - Frequently Asked Questions
    Wealthy Global Citizens, Wealthy Pensioners, Highly Skilled Professionals and Dependents types are included, except for those in the Work-from-Thailand Professionals category, as they are required to be remote workers according to our criteria.
  • BOI Announcement No. Por. 3/2568 (unofficial English translation)
    2.2 Dependents of the alien persons according to Item 2.1 who are the legitimate spouse, parents, and children under 20 years old or legal dependents of the primary LTR Visa holder.
  • LTR Visa Thailand - Frequently Asked Questions
    Unfortunately, the spouse of an LTR Visa applicant must be legally married and is required to provide a marriage certificate.
  • LTR Visa Thailand - Frequently Asked Questions
    Holders of the LTR visa under the Work-from-Thailand category cannot engage in work or activities with Thai employers that generate income in Thailand because this visa does not allow for a work permit. It is suitable only for individuals who earn income from their employment with overseas companies that allow them to work remotely.

How long is the status granted, what is required for renewal, what physical-presence obligations matter, and what longer-term residence direction exists?

The LTR Visa is valid for 10 years, but the Immigration Bureau grants a stay permit for the first five years and the holder must reconfirm eligibility to extend for the remaining five, filing 120 to 60 days before the current permission expires. A holder who stays a full year without leaving files the TM.95 one-year report instead of the TM.47 ninety-day report, and the TM30 residence notification is still required. Neither source states a minimum physical presence or a permanent-residence or citizenship pathway.

See recorded sources
Limits of the record
  • Neither source states a permanent-residence or citizenship pathway, nor a minimum physical presence in Thailand.
  • LTR Visa Thailand - Frequently Asked Questions
    Even though the LTR Visa is valid for 10 years, the Immigration Bureau initially grants a stay permit for the first 5 years in accordance with the announcement. You must reconfirm your eligibility to extend the LTR Visa for the remaining 5 years (the second validation does not require a visa fee).
  • LTR Visa Thailand - Frequently Asked Questions
    You should submit your application within 120 to 60 days prior to the expiration of your current permission to stay in order to obtain a qualification endorsement letter from the BOI.
  • LTR Visa Thailand - Frequently Asked Questions
    In case LTR visa holders stay in Thailand for 1 year without leaving the country, they need to file TM.95 (1-year report) at the Immigration Office instead of TM.47 (90-day report). This is one of the benefits of the LTR visa. However, TM.30 (Notification of residence for housemaster, owner, possessor or hotel manager where the foreigner has stayed) is still required.
  • LTR Visa Thailand - Frequently Asked Questions
    Yes, maintaining a TM30 is required. The house owner, householder, or hotel manager who receives a foreigner permitted to stay temporarily in Thailand must report to the immigration office or through the website www.immigration.go.th within 24 hours of the foreigner's arrival.
  • LTR Visa Thailand - Frequently Asked Questions
    To change the category of an LTR visa, the applicant must reapply for the qualification endorsement process according to the criteria for each type of LTR visa. Therefore, the applicant will be required to pay the visa fee upon receiving a new stamp for the new category.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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