Thailand LTR Visa – Wealthy Pensioner

Last verified 2026-07-07Official source

The Wealthy Pensioner LTR is Thailand's 10-year renewable visa for retirees aged 50 and above who can show durable income. Applicants need either USD 80,000/year in pension or passive income, or USD 40,000–80,000/year paired with a minimum USD 250,000 investment in Thai government bonds, FDI, or property.

Like other LTR categories, it offers annual (not 90-day) reporting, multiple re-entry, and airport fast-track. A royal decree exempts remitted foreign pension income from Thai tax, which is a significant advantage over Thailand's standard retirement visa (Non-Immigrant O-A/O-X), particularly given Thailand's 2024 shift toward taxing remitted foreign income more broadly for ordinary tax residents.

Program Details

Category: Retirement
Processing Time: 2 months
Application Fee: $1,400
Minimum Income: $80,000
/mo
Minimum Investment: $250,000
Family Included: +/usr/bin/bash per dependent (spouse and up to 4 children included in the base fee).
Path to PR: Yes — 3 years
Path to Citizenship: Yes — 8 years
Physical Presence: No minimum-stay requirement; status maintained via annual reporting.
Dual Citizenship: Not allowed
Tax Impact: Tax residency triggers at 180+ days/year in Thailand, but foreign-sourced pension/passive income remitted into Thailand is exempt from Thai personal income tax under the LTR royal decree. Any Thai-sourced income is taxed at standard progressive rates.
Renewal Cost: $1,400

USD 80,000/year in pension or other stable passive income; alternatively USD 40,000–80,000/year combined with a minimum USD 250,000 investment in Thai government bonds, FDI, or property.

Application Timeline

Apply

2mo processing

Visa Granted

Initial permit

Permanent Residency

After 3 years

Citizenship

After 8 years

Key Requirements

✓Applicant must be at least 50 years old
✓Pension or stable passive income of at least USD 80,000/year, or USD 40,000–80,000/year plus a USD 250,000 qualifying investment
✓Health insurance with minimum USD 50,000 coverage, or proof of adequate financial means to self-insure
✓Clean criminal record certificate
✓Valid passport with at least 6 months' remaining validity
✓BOI endorsement letter prior to formal visa application

Am I eligible for Thailand LTR Visa – Wealthy Pensioner?

Quick self-check based on the published criteria. Not legal advice. No data leaves your browser.

Your monthly income (USD)

Your investable capital (USD)

Bringing family?

Minimum monthly income
Programme requires $80,000/month.
Minimum investment / capital
Programme requires $250,000.

Fill in the fields above to see a verdict.

This is a heuristic, not a determination. Final eligibility depends on full documentation and immigration-officer discretion.

Application Process — Step by Step

01
Gather proof of age, pension/passive income, and (if applicable) the qualifying…
destination
Gather proof of age, pension/passive income, and (if applicable) the qualifying investment
Typical duration:
02
Submit application to the BOI LTR e-portal for review
destination
Submit application to the BOI LTR e-portal for review
Typical duration:
03
Receive BOI endorsement letter (approx. 20 working days)
destination
Receive BOI endorsement letter (approx. 20 working days)
Typical duration:
04
Apply for the LTR visa at a Thai embassy abroad or convert status in-country at…
destination
Apply for the LTR visa at a Thai embassy abroad or convert status in-country at Immigration
Typical duration:
05
Pay the visa fee (THB 50,000) and receive the 5-year visa block within the…
destination
Pay the visa fee (THB 50,000) and receive the 5-year visa block within the 10-year total validity
Typical duration:
06
Complete annual reporting and re-verify income/investment at the 5-year renewal…
destination
Complete annual reporting and re-verify income/investment at the 5-year renewal point
Typical duration:

Documents Required

Document	Issued By	Apostille	Translate to	Validity (days)
Valid passport	Home country passport authority	No	—	180
Proof of age (50 years or older)	Home country passport or birth certificate	No	en	—
Proof of pension or passive income ≥USD 80,000/year (or USD 40,000-80,000/year combined with qualifying investment)	Pension provider / applicant's bank	No	en	365
Evidence of qualifying investment ≥USD 250,000 (if using the lower income tier)	Thai bank, Land Department, or SEC-regulated entity	No	—	—
Health insurance with minimum USD 50,000 coverage	Insurance provider	No	en	365
Criminal record certificate	Home country police authority	Yes	en	90
Passport-size photograph	Applicant	No	—	—
12 months' bank statements evidencing pension/passive income deposits	Applicant's bank	No	en	90
LTR visa online application (BOI One Stop Service Center e-portal)	Thailand Board of Investment (BOI) LTR unit	No	—	—
Marriage certificate (for accompanying spouse)	Home country civil registry	Yes	en	—

Realistic Costs

Government fee

$1,400

Lawyer fee (low–high)

$1,500

–

$4,000

Translations

$200

Apostilles

$100

Health insurance (year 1)

$1,500

Relocation misc.

$1,500

Total first year

$6,200

–

$9,100

Total 5-year

$7,600

–

$13,100

Lawyer/agent fee reflects the well-established BOI LTR visa-agent market rate range, not an official BOI schedule. Health insurance figure is a rough estimate for a compliant USD 50,000-coverage policy, set higher than the other LTR categories because this category's minimum age is 50+ and premiums rise with age. Excludes the USD 250,000 qualifying investment (lower-income-tier option), which is a capital allocation/asset, not a fee. 5-year total adds the 5-year renewal fee (USD 1,400) plus modest re-verification assistance costs.

Realistic Timeline

Consulate wait1–3 weeks
Decision → arrival3 weeks
Residence card issuance1 weeks
Total to residence card6–10 weeks

BOI's LTR endorsement review is officially cited at roughly 20 working days (~4 weeks); this can extend if BOI requests additional documentation on pension income or investment. Consulate/One-Stop-Service visa stamping is generally fast once the endorsement letter is issued.