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How They Got Thailand's LTR Wealthy Pensioner Visa

Adam Parker

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Thinking about staying in Thailand long-term without Visa headaches? Bob & Paula found the perfect solution, the Thailand LTR Wealthy Pensioner Visa, a 10-year Visa designed for retirees who want hassle-free, long-term status in Thailand. In this video, we break down the 10-step process they followed to secure their Long-Term Resident Visa (LTR) and explain everything you need to know, from eligibility requirements to the full application process. If you're an expat looking for a great long-term visa option in Thailand, this guide will help you decide if the LTR Visa for Wealthy Pensioners is right for you. Watch now to learn how to retire in Thailand stress-free.

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⏱️ Chapters
00:00 Intro
01:27 Step 0
06:34 Wise Ad
09:43 Steps 1 to 5
15:35 How Bob & Paula Use Wise
17:44 Step 6
19:26 Steps 7 & 8
20:35 Steps 9 & 10

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20 Comments

@adamparker21 Creator 1 year ago (edited) Pinned

Sign up for Wise here and get a fee free transfer up to USD $660 or a Free Wise Debit Card: https://wise.com/invite/dic/adamp1371

@martypoll 1 year ago

I applied for my pensioner LTR in October 2022, one month after it started. It was early days so it took them a couple of months to get around to my application. I got the LTR visa in January 2023. I switched to the LTR from my OA visa.

I submitted one year of my US tax return. Since I was on an OA visa since 2017 I already had qualifying Thai insurance. I submitted my insurance certificate. My 80k income is a work pension and is evident on my tax return. I never got questioned about my financials. The process went smoothly for me.

Two years later I love this visa.

@jamestreanor182 7 months ago (edited)

I did LTR-P two months ago. Was so easy, just be patient. Took a month. Get medjet if you are an American

@Antandthegrasshopper 1 year ago (edited)

Hey Adam, this is a very timely video as I just applied for LTR WP visa from US last week and it shows that’s it’s sitting at step 5. One thing I want to mention that they look for last two years records for passive income thru 1099 and 1040 and even though I was working, I did make sure that I showed the passive income to meet the $80K threshold by doing ROTH conversions. ROTH conversion creates 1099R which from the IRS standpoint is considered a taxable event and therefore passive income. Keeping my fingers crossed that they don’t ask many questions about that… I planned this for the last 2 years. 😅

@BigD-g9n 1 year ago

You just gave me hope! at 3:37 in the video "or at the time of application." I retire Sept 30 and pension $ is good, I hope "or at the time of application" gets me in!! I dont want to wait 12 months!

@MrEye4get 1 year ago (edited)

The most significant advantage of the LTR visa is income tax exclusion. Health insurance isn't that expensive; being self-insured means not being insured. I applied myself and was issued an LTR-WP visa within six weeks. Immigration requires the last set of documents, not the BOI. The 50,000 baht fee is less than ten annual renewals with multiple exit/entry permits.

@Nobodyknowsmeanymore-n4f 1 year ago

Thank you for publicising the LTR. It is a super option and the Thai authorities are really helpful.

@clyde7318 1 year ago

I considered the LTR visa....but the O retirement visa is so simple, I decided to continue with the O.

@PK-nm8wu 1 year ago

Nice video Adam, there were few out when I did mine. The LTR is a great visa for me. It took about 5 weeks start to finish; I did it myself with a few little bumps. I had to buy a cheap insurance policy in Thailand that really covers nothing. My cash was in a money market, and they made it difficult to use that account, so I just went with the insurance. The LTR office was extremely helpful and very responsive to emails and phone calls and still are after receiving it.
I had uploaded two years of tax returns and my social security and pension verification letters, so I had all of that with me.
(Having a printer and scanner would have been nice) but the copy shop was nearby and inexpensive.
I would highly recommend this visa if you qualify.

@TonyLusk01 1 year ago

Thanks for the vid Adam! Always enjoy your informative interviews. I just got on the new Bronze Privilege visa (met my needs better for a number of reasons) and the process seemed a lot smoother with less moving parts compared to Bob and Paula’s LTR journey. 😀

@mangostickyrice555 1 year ago

Thumbs up 👍 Adam, Bob & Paula

@ThaiAmerican 1 year ago

I don't need a Visa, but interested in the process. Enjoyed this video, especially the walk-thru transitions + infographic & not making the Wise ad intrusive 👍🏻👍🏻

@sanderscupac7829 2 months ago

An o retirement visa is SO-SO much easier.

@libertyprimer 2 months ago

Would love the guideline plz

@DimitriP 1 year ago

you mention all the back and forth. How long did it take to get through the initial steps 1-3?

@martypoll 1 year ago (edited)

I applied for my pensioner LTR in October 2022, one month after it started. It was early days so it took them a couple of months to get around to my application. I got the LTR visa in January 2023. I switched to the LTR from my OA visa.

I submitted one year of my US tax return. I was on an OA visa since 2017 I already had qualifying Thai insurance. I submitted my insurance certificate. My 80k income is a work pension and is evident on my tax return. I never got questioned about my financials. The process went smoothly for me.

Two years later I love this visa. The few times I have visited the BOI office the staff have been incredibly helpful.

There is now a new BOI LTR office in Bangkok at One Bangkok. It is easy to get there on the MRT. Ask the information desk how to fond the office on the 6th floor.