A thermal transfer receiving sheet in which at least a low-density layer, barrier layer and image receiving layer are sequentially laminated on one side of a sheet-like support, wherein the low-density layer contains hollow particles, a hydrophobic resin adhesive and a hydrophilic resin adhesive, the hydrophobic resin adhesive is at least one type selected from the group consisting of acrylic acid ester-acrylonitrile copolymer, methacrylic acid ester-acrylonitrile copolymer, styrene-butadiene copolymer, butadiene-acrylonitrile copolymer, styrene-butadiene-acrylonitrile copolymer and polybutadiene, the glass transition temperature in accordance with JIS K 7121 is between -90 and 10 DEG C., and the weight ratio between the hydrophobic resin adhesive and the hydrophilic resin adhesive is between 95 / 5 and 65 / 35.