Yumthai

Sure it's relative especially if you compare with the most expensive areas in the world, but on average 1M USD in liquid assets will be considered wealthy in most places and certainly in Thailand.

If your net worth is at least $1 million, you are wealthy by western standards.

I think AI promotes neutral approach rather than biased advice such as "it’s a good idea to file", "So filing, ..., gives you protection", "Declaring ... is important".

Scaremongering season open again!

TRD people randomly and unsurprisingly say one thing and the opposite, that is quite dangerous. The law remains unequivocal.

You are free to believe any Thai law expert or smart-ass official interpretation you read here and there but there is only one thing that is right: the Thai law. And it says: Taxpayers are classified into “resident” and “non-resident”. “Resident” means any person residing in Thailand for a period or periods aggregating more than 180 days in any tax (calendar) year. A resident of Thailand is liable to pay tax on income from sources in Thailand as well as on the portion of income from foreign sources that is brought into Thailand. A non-resident is, however, subject to tax only on income from sources in Thailand. This remains valid until amended. https://www.rd.go.th/english/6045.html So unless you come back with a Thai court judgement or case law to back you up, any statement saying that "A non-resident could be, in certain case, subject to tax on income from foreign sources" is irrelevant.

So they accepted your well written pieces of paper showing big numbers in a foreign language they barely understand as an incontestable proof of inheritance (actually they have no other choice). I suspect a lot of Thai resident foreigners will inherit the same way substantial amounts in the years to come.

Nope. Being non tax resident is all that matters and makes any foreign remittance tax free, regardless the individual tax residence situation when the money was earned.

I agree with property ownership and the overall English speaking level, everything else is very subjective. The big downside IMO is Malaysia/Malaysians are quite boring compared to Thailand/Thais.

What makes you think that affluent educated people are more attracted by Malaysia than Thailand?

Amazed you were granted a DTV in the first place. The perfect illustration of what is already obvious: Thailand has no mean to check any foreign documentation you provide. Screening officials will randomly accept, at their discretion, any photoshopped docs and reject genuine ones. Ludicrous.

Good marketing would be: "LTR Visa: The easy (only) way to get your foreign income tax-free in Thailand!". That would surely attract more applicants, however it would be politically borderline (admitting the wealthy as usual don't pay tax).

That's very interesting. So, a one-time stock sale in the past year amounting at least 80K USD will qualify? That opens the LTR-WP visa to the growth investors broader crowd.

Solution for this year income: Increase your investment so that your Thai dividends minus deductions/allowances will far exceed the 10% income tax bracket. Your 10% WHT on dividends becomes a (lower rate) final tax, nothing to declare.

What makes you think that doing P2P crypto exchange is illegal in Thailand? No such law.