samsung99

I truly believe that the LTR “Wealthy pensioners” VISA is a lifesaver for many wealthy Pensioneers in Thailand. You pay ZERO taxes on all money you bring into Thailand. That’s enough said. No other VISA e.g. Thai Elite allows you to live tax free in Thailand from money you transfer into Thailand. And as a Bonus you have the right to stay unlimited aka resident in Thailand for 5/10 years. Does anyone that has gone through the 80k requirement have some advice for people like me. · No pension (means around 50 years old and not yet in the pension system) · No monthly / yearly fixed income · Passive income solely from capital gains in Stocks & Cryptos. To be precise: The total value of my stock and crypto account increased by appr. 100k in 2023. Total Portfolio Value appr. 1 million USD. 2023 was obviously a good stock market year for me, so I qualified. However, there is no guarantee or let’s say it’s a given that I cannot fulfil the qualification every year. When the stock markets go down, I will lose a substantial amount instead of having a required capital gain of 80k. Is such a volatile capital gain accepted by the BOI? Anyone with experience? A downside from this application is that you have to open your books toward the Thai authorities. From the moment you apply, they know you are “rich”. This might once backfire in the future because you can not pretend to be an average citizen anymore. I’m not feeling comfortable to show them all the cards I have… Thanks for your thoughts, experience and answers!