JB300

Currently I “Earn” (Passive Income) approx $45K pa and would like to go for the LTR Visa. 
 

Feb next year I can add another $46K pa (Pension at 60)  so would be able to meet the $80K income criteria but I don’t want to wait 2 years until I have all the paperwork in place. 

In the early days of the LTR I read reports of guys being in a similar situation  & got their LTR based on previous income + future pension numbers rather than having “Earned” $80K for the past 2 years - is this true? 
 

If I can’t do that, what are my options for investing the 10Million I need to invest.
 

I’ve got my eye on a Condo that’s 14.5 Million but that would have to be in the GF’s name (16.5 in my name) so pretty sure it wouldn’t count. 

Any thought on what my options are?
I’ve seen another condo I can buy in “Foreign” name for 9M but what do I do for the other 1M? 
 

Came back from visiting family in the UK for a couple of weeks & after arriving back to my condo (Wongamat) I noticed my water smells “Weird” (sort of a metallic smell).

At 1st I put it down to it not being used for 2 weeks but after 3 days of running it, the water seems to go ok for a while & then smells weird (metallic) again.

Anybody had any similar experiences and/or know of anywhere I can go to get the water tested (we only use bottled water for cooking / cleaning teeth but I’d rather not be showering in it if it’s not clean).

8 hours ago, Briggsy said:

Non-Imm O visa issued by London have been evisas for a considerable time now.

 

Thanks for your reply and for letting me know the source was AI.

Sorry, when you said the IO said nothing about the unused Non-O I assumed you had a sticker in your passport that he’d see (I also assumed that if you were entering on the DTV then you wouldn’t have volunteered the Non-0 eVisa).

I honestly believe that when you got your DTV they would have cancelled any existing Visas you had on their system -  I’m basing this on the fact that I was told they would cancel my Non-O if I were to switch to an Elite Visa rather than any official links I can point to.

Back to Topic… I “misspoke” when I said the OP’s Elite Visa would be cancelled, it wouldn’t be valid for the duration of the DTV but when that finished they should still be able to use the remaining years on their Elite Visa. 
 

E.g somebody has a 20 year Elite Visa, has used 1 year then gets a 5 year DTV, when the DTV finishes they should still have 14 years left on their Elite Visa. 

4 hours ago, Briggsy said:

You appear now to be stating that you can have two valid visas but not if at least one of them is multi-entry and has been used previously to enter the country.

 

However, if both are single entry or one or both are multi-entry but have not been used to enter Thailand, then it is okay to have two valid visas.

 

Have I got that right? And, may I ask where you came by this information?

Yes & no. Technically it is possible to end up with 2 Visas as you’ve shown (though if you’d had a an unused non-IMM O visa in your passport & got a Non-IMM B before using it I’m pretty sure they would have cancelled the Non-IMM O before issuing it - could be different with the DTV as I understand it’s not a “Visa” in the traditional sense of a sticker in your passport) but only 1 of them can be valid & (technically) the last one you got cancelled the 1st.

i can’t point you to a definitive link that says you cannot have 2 valid visas but searching for “can i have 2 different valid visas at the same time thailand” will bring you a the AI result that says… 

”No, you cannot hold two different valid visas for Thailand simultaneously; you can only hold one visa at a time”

I am curious as to why you decided not to use your Non-IMM O & get a DTV instead, personally I think the Non-IMM O is a much better option if you’re living in Thailand full time & don’t want to worry about doing border runs etc… 

OT but does anybody know of anybody who’s managed to get an extension on a DTV yet or is it still too soon for somebody to have tried?

On 4/7/2025 at 7:33 AM, Briggsy said:

Do you have a source for that?

 

I applied for a non-imm O from London and received that. 2 weeks later, I changed my mind and applied for a DTV and received that. I had two valid visas. I chose to enter Thailand on the DTV but could have entered on the non-imm O. The Immigration officer said nothing about the unused non-imm O.

That’s a different scenario, whilst you had a valid Non-IMM O visa you hadn’t used it so are free to apply for whatever Visa you want to use instead, the Visa is only “Active” when it’s been used. 

If you’d have had a Non-IMM O Multi-Entry Visa & used it to enter Thailand then you would have had to cancel it before getting the DTV. 
 

The OP is asking about an Elite Visa (presumably already used to enter Thailand so is “Live”) & looking to get an DTV in addition to it which isn’t possible. 

3 hours ago, rough diamond said:

I think you mean extensions, not visas.

No I do mean Visas… 

The OP is asking whether somebody could have an Elite Visa in their passport  & get a DTV visa at the same time. 
 

2 hours ago, hotandsticky said:

 

 

Whilst I agree with your assessment of larger transactions it is likely that the much better exchange rate (usually) with WISE will always outweigh the higher fees.

 

Your final statement is misleading as the fees are irrelevant without also quoting the respective rates of exchange.

 

 

As a retired bank manager any SWIFT transfers I do are free................it is still noticeably more cost effective to use WISE. .....and, of course, nobody should ever convert local currency to THB onshore.

There’s a comparison tool on the Wise site that suggests your right for transfers up to 2Million (Wise doesn’t have an option to send more than this)…https://wise.com/gb/compare/barclays-gbp-to-thb

You’ll note that the Barclays rate changes depending on how much you’re sending… (big difference in rate between sending £1,000 & £17,500). 
 

Interesting perk of being Ex-Bank staff, I can remember when I worked for Barclays we used to be able to buy our holiday currency at the Bank’s Buy rate rather than the Sell rate 😊

10 hours ago, ukrules said:

 

You're right of course, but in practice lets face it - hardly anyone filed anything with the Revenue Department and many people remitted mixed funds / same year funds without much separation.

I know some people used the beginning on the year big remittance method - as in do a wire for a few million Baht on the first business day of the year - kind of proves the money comes from the previous year but many people, even those who attempted to get TIN numbers were knocked back- and they're all potentially liable.

That was sort of my point (albeit not expressed well)

Its just the Idiots on here who try to claim that because there’s not some law change & somebody hasn’t knocked on their door to give them a gilt envelope that they get a pass from filing a return.

How about being a mature adult & when you move to another country, learn the rules 

On 3/25/2025 at 8:20 PM, JB300 said:

You do know that you have always been “obligated“ to file a Tax Return if you meet the criteria of >179 days in Thailand & 120K (Single, 220K Joint) assessable Income.

 

The only thing that has changed is the interpretation of the rule around what is assessable income, key factor being we can no longer use the “Previous Year Loophole” around what is/isn’t assessable income.

What’s the point… It’s like saying waters wet 

3 hours ago, Rob Browder said:

I didn't know agents used that BKB branch.  My guess, is they are often busy due to:

1) BKB closed a ton of branches, so the remaining ones are packed often, now.

2) It's a convenient branch for those getting their legit-paperwork for Immigration.

 

But, thanks for the heads-up that some agents are switching banks - best if folks don't put off their extensions until the last-minute.

My experience with maneerat is that they use the Branch on Beach Road 

https://maps.app.goo.gl/VTvT1X2oYQZEBTxs6?g_st=ic

On 3/23/2025 at 9:32 AM, spidermike007 said:

There is absolutely no new obligation on our parts, to engage the system. Period. No new laws. No passed legislation. It appears to be a huge nothing burger. 

You do know that you have always been “obligated“ to file a Tax Return if you meet the criteria of >179 days in Thailand & 120K (Single, 220K Joint) assessable Income.

The only thing that has changed is the interpretation of the rule around what is assessable income, key factor being we can no longer use the “Previous Year Loophole” around what is/isn’t assessable income.

11 hours ago, Ben Zioner said:

So you infer that the only reason to live in Thailand is because street food is cheap?

You’ve quoted the wrong person… I never said that, nor do I eat street food. 

What I actually said was 1 of my friends was spending 150K per month on schooling for his 2 daughters & another one is spending 70K per month for his son.  But they do enjoy street food 😊
 

3 hours ago, Daniel 2 said:

May I ask you, where? in Pattaya? 

Maneerat, Soi Post Office (Soi 13/2 Beach Road)

20 minutes ago, hotandsticky said:

 

 

I am glad I paid 8,000 Baht for the relief of not standing in line.

Same here, 8000b (+ 4000b for the multi re-entry permit) & I believe it’s worth it.
 

Others may see it as a waste of money & I’m sure if looked at the way they spend their money I would see things that I think are a waste of money. 
 

Different folks, different strokes. 

3 hours ago, KhunLA said:

฿300k  = $8.900 x 12 = $105K = ฿3.58M a year, to live in TH 

 

Fits the topic title, 'impressive', but totally unnecessary to live here.

 

IMHO

Have 1 friend who was (he got promoted & had to move the family to Germany where he’s finding life really expensive) paying 150K pm to put his 2 kids through international school… Granted it was part of his expat package so it didn’t cost him directly but it does show that you can easily spend way more than 300K pa bringing up a child in Thailand. 

Have another mate paying 70K pm for the schooling of his 6 year old but he’s minted so it’s just a rounding error to his budget.

Mods delete please (though it did happen or I wouldn’t have even seen the thread) 

3 minutes ago, JontS said:

Which agent do you use?

Maneerat on Soi Post Office (13/2) Pattaya

21 minutes ago, DrJack54 said:

Thinking you will be surprised.

The "discount" for you covering the financials is not the significant amount one would imagine..

 

Discount at the Agent I use is 4K (it’s 8K if you have the money in the bank & 12K if you don’t). 
 

So it’s an extra 6K over the 2K (1,900 immigration fees + 100 for bank letter) that you would pay if you do it yourself. 
 

Some people think it’s worth it & some people think it’s a waste of money… Up to Them. 
 

Edit: I am only required to get a statement showing the previous 3 months transactions which is great as I can get it done on the day (Bangkok Bank) I don’t know if that’s because I use an Agent or it’s because I use a Fixed Deposit account so there are only a handful of transactions each year. 

9 minutes ago, zenplay said:

 

I am planning to visit the TRD office near my place to obtain a TIN :

1. I am living in Thonglor area, where is the TRD office near my place ?

2. I own a condo unit. I have title deed. But I do not have a yellow tabien baan book. Which document do you think they will ask me for proof of address ?

Thanks a lot.

I dont know about Bangkok but When i went for my TIN at Chonburi Tax Office I had to provide a residency certificate from Immigration  

9 minutes ago, Jingthing said:

I'll look into those tools but this task is a simple one by accounting standards and I'm wondering if there's a super easy tool for "idiots" that would work for someone that has never done spreadsheets or bookkeeping of any kind.

Google Sheets sounds like exactly what you need, though if you wanted to manage it on your mobile check out “Spending Tracker” doesn’t come much easier 

5 minutes ago, Jingthing said:

Thanks.

I was going to get into this later. Suggesting for bookkeeping tools.

Google sheets is probably the easiest if you don’t need complex formulas, Libre office does the same job as excel & is free but I use Excel as I have an MS subscription so it’s free for me.