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LTR requirements question

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  • LTR requirements question

    Hi all, been a while since I last posted, I hope everyone is doing well.

    I appreciate I may need to seek advice from a qualified immigration / visa solicitor on this point but thought it may be worth asking on here anyway.

    A bit of a hypothetical at this stage but due to a recent change in circumstances I am actively exploring relocating to Thailand and looking at a LTR visa for work-from-thailand-professionals.

    Referring to the Board of Investment required documents page in the link - Work-From-Thailand-Professional-required-documents.pdf ( I believe I can meet the requirements .

    I have more than 5 years experience in the insurance field which I work in. I have earned more than £80k USD for the last 2 years (including bonuses) as I have no masters degree, If I am able to do this it will mean getting a new job in the same field with a multi national insurer who's parent company earns well in excess of the required £150m over the last 3 years, of which I am speaking to companies that would meet this requirement.

    My question relates to how much I would need to be paid by my new company? it is realistic that to achieve working remotely from Thailand I would need to negotiate and accept a salary sacrifice which would take me below the >£80k USD per year I am currently earning.. I cannot see any requirement that you actually need to earn that much whilst in Thailand, but perhaps it is implied??

    Also what would the implications be if I wanted to extend for a further 5 years, and that that point I am still not earning £80K USD per annum.. would I be able to extend?

  • #2
    Well, sadly I cant help you in the least! But it sounds a great opportunity for you and I hope it all works out well.

    I think when you are here, there will be many opportuities to work out something for the future, maybe in a slightly different field. I think a proven track record of working here will serve you well with other expats you network with.
    'Tis me