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I heard that interest income from fixed deposits is subject to a 15% withholding tax but the first 20,000 baht of the income is exempted.

I have a few questions.

1) Does it mean that the maximum tax return I can get is 3000 baht per year (15% of 20000 baht)?

2) Is it possible to return paid tax on interest from a savings account? Or from a fixed account only?
3) For how many years is it possible to return paid tax?

Singaporean website add more questions.

It says that this type of visa enters into force from 9 October 2020.

and

Qualifications and Required Documents are applicable during the Period of COVID – 19 Outbreak only

►  This type of visa is provided for foreigners who

       (1) wish to conduct business in Thailand or

       (2) invest in condominiums in Thailand or

       (3) have a Thai bank account or purchase a Thai government bond with the equivalent amount of not less than 3 million Baht.
►  This type of visa enters into force from 9 October 2020.
►  Qualifications and Required Documents are applicable during the Period of COVID – 19 Outbreak only Please check your eligibility to apply for visa at the Royal Thai Embassy, Singapore,
at Instructions for visa application

17 minutes ago, ubonjoe said:

Are you look at this one on the MFA website.

2.3   Non-Immigrant Visa Category “IB” (Investment and Business Visa)  is issued to foreign citizens employed to work on  investment projects which are under the auspices of the Board of Investment of Thailand (BOI).  Such projects must be involved in or bring benefit to Thailand in the following ways:

That is not the same non-b needed for a investment extension at immigration under the police order for extensions of stay that still requires a 10 million baht investment.

On the websites of 4 embassies written about Non-B visas and extensions with 3 mil baht requirment (condo, bonds, or deposit).

From MFA website:

4.2 Foreigners who are eligible to apply for visa extension and work permits at the One Stop Service Centre are:
         Foreigner who is an investor.
                 -  If investing not less than 2 million Baht, he or she will be granted a 1 year permit.
                 -  If investing not less than 10 million Baht, he or she will be granted a 2 year permit.

Extension of stay based on the investment.  Requirements: 3 million baht since 2020?

Recently googled information about the extension of stay based on investments and found that now is a 3 million baht requirement (condo, bonds, or deposit). Seems it changed from 10 million in 2020.

Sources:
1) Thai Embassy in Vienna
https://www.thaiembassy.at/en/type-of-visa/non-immigrant-visa-b-business-and-work.html

2)  Thai Embassy in Singapore
https://www.thaiembassy.sg/visa-matters-/-consular/types-of-visa/non-immigrant-visa-b-business

3) Thai Embassy in Warsaw
https://warsaw.thaiembassy.org/en/page/non-immigrant-visa-b?menu=60f0548f910db13e765640e2

4)  Thai Embassy in Canberra
https://canberra.thaiembassy.org/non-immigrant-visa-category-b-non-b/

Also, I found  different info on the website of Ministry of Foreign Affairs, Kingdom of Thailand
If investing not less than 2 million Baht, he or she will be granted a 1 year permit.
If investing not less than 10 million Baht, he or she will be granted a 2 year permit.
Source: Ministry of Foreign Affairs, Kingdom of Thailand
https://www.mfa.go.th/en/page/non-immigrant-visa-b?menu=5e1ff6f857b01e00a84023d4

Have never bought a car in my life. So, need some advice. I can save some money for buying not a new car, but with a warranty ( Demo car with 1000-15000 km or second hand with 30000-50000 km on a clock) Any underwater rocks?

Hello,
I had read the information on the Thai Immigration website (www.immigration.go.th/content/service_5) regarding the one-year extension of stay based on an investment of 10 million baht and have a few questions.

1) Has anyone with an ED visa got a one-year extension of stay based on an investment of 10 million baht? Is it possible with a Non-Immigration ED class visa to cancel an extension based on education and get an extension based on investment? Technically it would be Non-Immigration visa ED type with an extension of stay based on the investment.
2) Does Foreign currency fixed deposits are qualify? Or Thai baht only?

Thank you sooo much!

Hello,
Now I am living in Thailand on the ED visa (study in a language school). I applied for a 1-year language course in school, got a ED-visa and should extend it every 3 months, until course will finished (total 3 extensions).
After the third extension, If I will transfer a 10 million baht to a Thai bank on a fixed deposit, will I qualify for a one-year extension of stay?
Can I live here with this ED-visa and not study and apply for one-year extensions every year?

What is the process?
Thinking of getting an Elite visa, but considering these one-year extensions based on 10 mln baht investment instead.

From Bangkok Immigration site:
"20. Question : Could the alien (about 35 year of age) stay in Thailand without working or marriage to Thai national? If so, what are the requirements?
        Answer : Yes. The said alien could stay in the Kingdom by the reason of investment of no less than 10 million Baht in Thailand. The requirements are that the alien:
 Must have been granted a “Non-Immigrant visa”
Must have evidence of transferring funds into Thailand of no less than 10 million Baht. (Copy of evidence showing a tranfer of funds from a foregin country to a bank in Thailand)
Must have evidence of investing in the purchase or rental of a condominium unit for a period of no less than 3 year issued by a relevant agency or government unit, at a purchase or rental price of no less than 10 million Baht (Copy of condominium purchase agreement and copy of the ownership registration of the said condominium issued by government or relevant agency or a copy of a long-term lease agreement are needed documents): or
Must have evidence of investing in the form of a fixed deposit of no less than 10 million Baht with the Bank which is registered in Thailand and has Thai national holding more than 50 percent of it’s shares (Funds deposit certificate issued by the bank and a copy of evidence of funds deposit are required documents) : or
Must have evidence in the purchase of government or state enterprise bonds of no less than  10 million Baht ( copies of bond certificates are needed documents) : or
Must have evidences of making an investment as set out in Criteria3),4 or 5) with a total value of not less than 10 million Baht."

Thanks for your help!