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fallonwm

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  1. Wealthy pensioner visa

    fallonwm replied to fallonwm's topic in Thai Visas, Residency, and Work Permits
    Can someone give me some examples of what "passive income" is? I am not quite at the 80K mark and have CDs in the US of 140K+. I would prefer to keep these funds in the US rather than invest in financial instruments in Thailand. How can I move my CDs to a "passive income" option? Thanks.

  2. Wealthy pensioner visa

    fallonwm posted a topic in Thai Visas, Residency, and Work Permits
    Do I have this correct - Minimum unearned or passive income of 80,000 USD per year at the time of application. If annual passive income is between 40,000 USD and 79,999 USD, an additional investment of 250,000 USD in assets (such as Thai government bonds, direct investment in companies registered in Thailand, or Thai real estate) is required? For the LTR Wealthy Pensioner the add-on investment is out of reach. Perhaps the O-A visa would be better -= how to set up a bank account?

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