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rikiderorck's Achievements
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Not at all, As I stated in my original post ,read the following : I’m just considering spending more time there to expand my network, meet people who already done it, and better understand how everything works on the ground. To do that legally, I feel this visa is the most fitting option , otherwise, I either be on a tourist visa or have to pursue a traditional job to qualify for a Non-B visa in IT, which is my technical background, but not where my focus has been for the past few years. It doesn’t really reflect my current situation, since I’m self-employed and focused on artistic work and independent projects: that’s why I’m not considering the Non-B for regular work right, but rather considering the DTV. Of course, if the right conditions come together, I’ll move forward with the investment plan. If they don’t, then it won’t happen. But right now, that’s the goal. I’m very aware that things can shift, and I always factor in new information as it comes. For me, this isn’t a 1 day - 10-day decision , it’s part of a long term journey. There are pillars I believe I shouldn't skip: learning the language, understanding the system more deeply, and most importantly, building real connections on the ground.
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Hey folks, I am researching options for staying in thailand legally while refining my long term investment plan to better understand the risks build local connections and gain real in place experience. im starting to opt for the digital nomad visa which kind of suits best my entrepreneur self employed status. after researching one thing that’s still kinda unclear to me about that visa the official rule says you can stay 180 days at a time. after that you either apply for a one-time extension or leave the country and re-enter. from what people say you can just take a short trip out and come back in right away if that’s true then what’s the point of the 180-day rule. you could basically stay almost full-time for five years by just doing quick exits. doesn't really make sense on a logical level. I know that "a loooooooooooooooooooooooooooooooot" of things in thailand don’t always follow western logic. still staying open to different views because sometimes things that don’t make sense at first have some deeper reason. if anyone amazing folk here knows the actual purpose behind this setup or if there’s something i’m not understanding correctly would be glad to hear. for everyone here is the reference i used for the information stated https://www.thaiembassy.com/thailand-visa/dtv-visa-thailand
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@marin, thanks for the reply. i can't change your opinion and i respect that, you have your view that no one should post or ask anything serious on a forum like this? let me ask you, are there people in online forums? yes. so obviously some of them will give advice. some good, some bad. and then there's the special category of people who only jump in to throw shade and offer zero value. not naming names, of course. read again, i didn’t ask anyone to write my plan or run my business, i just asked for input. i’m gathering opinions and experiences, because that’s what forums are for, or at least used to be. if you think you can’t learn or gather real info from people online, then you honestly have a pretty narrow view of how things work. everything is a source: books, people, blogs, forums, even random conversations in the street. real learning is being open to it all. but hey, lesson learned, besides helpful advice, there will also be people who just want to talk trash or feel superior. part of the experience too. that won’t stop me from asking, learning, adjusting, and doing. in the end, everyone’s free to think whatever they want, as long as they know how to keep things respectful and stay within their limits.
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@MarleyMarl Thanks for sharing your story. Just wondering, if you been on a Non B visa with a work permit for over 10 years, how come you never applied for permanent residency? I thought you could apply after 3 years on a Non B, and from what you said, you would have already qualified a long time ago. anywys, just curious, hope you don’t mind me asking. btw I was documenting and gathering infos on permanent residency and got some info from this page for reference: https://www.thaiembassy.com/thailand-visa/permanent-residence-thailand
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Hey guys, In my actual reaserch about different opportunites in Thailand, i been exploring many ideas, one of them are buyind condos in area like Phuket. Since it’s a major tourist area, my first thought is that prices should go up over time. But I don’t actually know what the reality is. If I buy condos legally, inside a building under the foreign quota, and keep it for 5 to 10 years, will the value likely go up? Or do prices stay flat, or even go down? Anyone guys actually bought or tracked Phuket condos over the last decade? wanna know what’s really happened with resale value.
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@Yellowtail I never claimed to know everything about Thailand , in fact, I literally said I’m still learning and that I’m new to this business stuff. If I already knew it all, why would I even bother coming to a forum to ask questions? Think about that. I also didn’t say Iv been living in Thailand nonstop since 2018. I clearly wrote that if you add up all my visits over the years, it’s about a year total. I gave that context honestly, not to pretend I’m an expert, but to explain where I’m coming from. Now you’re just twisting my words and making things up, and honestly, it’s becoming ridiculous. I’m not answering you anymore .... it’s not productive, and it’s not helping the discussion move forward. But if more and more people , including those who don’t even know you, start pointing out how you behave in here, maybe take a step back and really think about that.
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@Yellowtail Youv been pretty aggressive toward not just me, but others in this thread too. You also keep mixing people up , I’m OP, and I’m not @DezLez. We’re two different people. Just because we both responded to you doesn’t mean we’re the same. It’s honestly strange that you assume that without even checking, and the way you spoken to both of us has been aggressive and disrespectful from the start. From the start, I’ve been respectful in every reply. I’ve shared my plans honestly, accepted when I was wrong, and updated my thinking based on real feedback , including yours. I even thanked you for pushing me to rethink the BOI angle. But now you’re saying it sounds like a “wind-up”? That doesn’t really add up. If someone openly corrects themselves and keeps asking real questions, how is that trolling? You don’t have to agree with me, and you’re free to doubt my plan. But the way you speak to people here, including me and others, is just not helpful. We’re here to learn and share, not to get talked down to or mocked. If you’re dealing with stress or pressure in your own life, maybe take a step back or talk to someone about it. Nothing wrong with that. Just don’t bring that energy here and take it out on people trying to have a decent conversation.
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I put advice like yours in its own category because deep down, I know there’s some truth to what you’re saying. It’s always interesting to hear different opinions. But I do wish you could share some context or examples, that will help me understand the details better and know what to expect. It wouldn’t just help me, but also anyone else who reads the forum. There will be many people in the same situation, whether in a day, a month, or a year. Imagine how all those shared experiences and examples could create a solid resource database for everyone.
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Of course, I’ll consult a lawyer, that’s a given. What I’m trying to do here is get a broad understanding of the topics beforehand, so when I actually meet with a lawyer, I’m better prepared and won’t be completely lost or confused. Google helps, but it’s not enough on its own. I need real back-and-forth in forums, to hear the “no’s” and the reasons why. That interaction is part of the process for me. I m doing other routes as well in real time, just for your knoweldge.. Actually, I’m planning to meet with several experts, not just one lawyer, to get different perspectives. Anyways.
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@Yellowtail, Thanks for that point, you're right, I really do need to think carefully about who the partner would be if I go the 49-51 route. That’s why I also been looking into BOI, since it doesn’t require a Thai partner. Actually, after researching more deeply, I found that the official requirements for BOI approval only call for a minimum paid-in capital of 1,000,000 THB, and at least 3 promoters. This is stated on several official and legal resources (including the BOI's own material and secondary legal references like ). Since I have a six-figure amount saved, I believe I meet that threshold , unless I’m misunderstanding something. If you’re aware of a specific clause or regulation that contradicts this, I would be really greatful it if you could point it out. Here again, I went through the BOI promotional categories and found this section on Tourism Industry: Page 131 – Division 4 " 10.8 Tourism promotion services 10.9 Activities to support tourism" . Got it from here : https://www.boi.go.th/upload/section4_en_wt_link.pdf It is clear to me that tourism-related services are included in the eligible sectors. Of course, I understand that not every small tourism setup will qualify, and the business model needs to be aligned with the BOI’s strategic goals. But based on what I read, there is at least a formal channel for it under the tourism category. If you seen that this category has hidden exclusions or practical barriers to approval, I would really love to know Again, not trying to be defensive , just making sure I’m not missing anything important. Thanks again btw. @Yellowtail Just wanted to go back with an update after going over things more carefully. You were correct to challenge me on the BOI angle. When I first saw categories like “Tourism Promotion Services” and “Activities to Support Tourism” (section 10.8 / 10.9 in the BOI PDF), https://www.boi.go.th/upload/section4_en_wt_link.pdf ...... I thought maybe I could fit under that category. But once I really broke it down, it became clear to me those categories are targeting much larger-scale projects , things like theme parks, convention centers, cultural museums, etc. The model I had in mind is a lot leaner: renting land (not buying), building a few small units, and organizing direct experiences for guests who book from abroad , airport pickups, island tours, maybe some small events. basically No major real estate play, no massive capital injection as of course the funds I have cant allow that. From everything I now see, that kind of setup just doesn’t meet the scope or the scale that BOI to be built for. So yeah, thanks for pushing that point , it made me reassess the path more honestly. So a small recap, based on what I learned now, I’ll probably have to exclude the BOI route for what I want to do and start focusing more seriously on other setups , like lease + superficies, the 49/51 route (with the right legal structuring and all the other requirements), .. The Nominee route, m not into those illegal gray routes , tbh. Anyways, If you have any further thoughts on how others have navigated something similar, please consider sharing them , as you can see it really helps moving things on. I’m not looking to be stubborn , I’m just sharing the full breakdown here so that anyone else reading doesn’t walk away with the wrong idea about what qualifies for BOI. I’m only here to find the right, legal, and workable approach even if it takes time to get there.
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@Yellowtail, Thanks for that point, you're right, I really do need to think carefully about who the partner would be if I go the 49-51 route. That’s why I also been looking into BOI, since it doesn’t require a Thai partner. Actually, after researching more deeply, I found that the official requirements for BOI approval only call for a minimum paid-in capital of 1,000,000 THB, and at least 3 promoters. This is stated on several official and legal resources (including the BOI's own material and secondary legal references like ). Since I have a six-figure amount saved, I believe I meet that threshold , unless I’m misunderstanding something. If you’re aware of a specific clause or regulation that contradicts this, I would be really greatful it if you could point it out. Here again, I went through the BOI promotional categories and found this section on Tourism Industry: Page 131 – Division 4 " 10.8 Tourism promotion services 10.9 Activities to support tourism" . Got it from here : https://www.boi.go.th/upload/section4_en_wt_link.pdf It is clear to me that tourism-related services are included in the eligible sectors. Of course, I understand that not every small tourism setup will qualify, and the business model needs to be aligned with the BOI’s strategic goals. But based on what I read, there is at least a formal channel for it under the tourism category. If you seen that this category has hidden exclusions or practical barriers to approval, I would really love to know Again, not trying to be defensive , just making sure I’m not missing anything important. Thanks again btw.
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Thank you so much for sharing such detailed and complete advice with me. It’s exactly the kind of insight I was hoping to find. when i initally posted in here This kind of guidance is worth its weight in gold in my opinion SO yes, I will take everything you said into account as I move forward, and I’m going to approach this with the patience and care it deserves. THANK YOU ❤️