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LivinLOS

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Posts posted by LivinLOS

  1. 9 hours ago, Mike Teavee said:

    Using the Elite visa as an example, you need at least 12 months left on your passport to apply & they will grant you the visa up to the expiry date of your passport.

     

    With the Elite Visa you then go back with your new passport & get the remaining 3 years so I would imagine it would be the same with DTVs.

     


    No my passport expires in 26 and my visa runs to 29

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  2. On 7/20/2024 at 9:46 PM, shdmn said:

    Has anyone figured how how much the extension costs?  I've heard 1900 and 10000 which just sounds like people, including people at immigration, repeating other known fees.  I'm willing to bet it ends up being somewhere in between.


    This is an unknown.. The initial cabinet discussion had this in the minuted of the meeting but it does not say anything about it in the royal gazette publication which you would think it had to. 

    Its a question in search of clarity at this stage IMO.

  3. On 7/18/2024 at 1:39 PM, Bobajob said:

    It's been clearly updated on the Thai London website. So it's not a total stay of 360 days over the course of five years. It's 180 days per entry. That one entry can be extended within the country for another 180 days. Then you have to leave and come back again and repeat. I guess the confusing thing is whether we're talking about a year as well. So, for example, if you use up 170 days in the first six months of your stay and then you go back to England, for example, does that mean you have one day left that year? Or, when you come in, does it reset? That's the only question I've got, if that makes sense. Oh, and how much the extension costs within Thailand and, of course, what nobody probably knows at the moment, which is what paperwork do you need for that extension.

    IMG_3929.jpeg


    Exactly even the royal gazette publication says it clearly too.. I am unsure how some (usually accurate) youtube legal companies are claiming they read it as cumulative.. I know also TAT said it was cumulative but honestly I dont trust a work they say any longer. 

    Screenshot 2024-07-22 090704.png

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  4. On 7/20/2024 at 1:46 AM, anrcaccount said:

     

    Correct.

     

    No catch.

     

    TH wants more long term visitors and is relaxing visa requirements to make it easier for them to stay. 


    Combined with the new tax rules it would seem they will look for returns on all long stayers (info published last week) so opening the doors and opening the tax collection. 

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  5. On 7/18/2024 at 9:10 PM, FridgeMagnet1 said:

    You boys really love to over complicate or just not bother to read the requirements.

     

    you don’t need to have a single penny in a Thai bank and there is no requirement never to go below 500K THB in your own currency 


    Actually theres some room for debate here.. In the minutes of the cabinet (IIRC I have read so many docs now) meeting theres the wording that 500k 'throughout the stay'.. but of course translation, interpretation etc. 

     

    I can easily imagine 500k being needed to extend at 180 days being part of it. 

     

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  6. On 7/18/2024 at 1:45 PM, Steve the Scot said:

    Thanks for the information,  I've put my application in and the only thing they came back with was, the contract for a job I had to never  showed my name at the top but at the bottom ,  I have tried to attach another with more details ,  if this fails I will try a letter like yourself with some documents attached ,  did you show your full tax return or some basic tax letter?  Hopefully I will be ok but if not could I reach out to see what your letter said ? Kind regards Steven 

     

    Letter from one of my own companies (dir on letterhead) and a tax summary of last year (irish)
     

    On 7/18/2024 at 2:01 PM, Pickwick said:

     

    I've read the entire thread, so I apologise for the question as I think I may have missed something but can't see anything where. Did you show proof of the 500,000 in an offshore account and not a Thai bank? (I appreciate we are not discussing tax, but if the 500,000 does not need to be remitted to Thailand, that could be a selling point for me with this visa.)

     


    I showed outside Thailand

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  7. Without digging through pages of threads I am unsure if this guidance from the Revenue Dept has been shared before ?? If it has my apologies and ignore

    https://drive.google.com/file/d/1l0uv2e9anPg9tgs9WzuBTQSETFQhzqJu/view?usp=sharing

    Very simple guidance, but one part that jumped out is attached, which clearly implies that even if you do now have a tax liability, anyone who has an income will need to file, even if that income means your protected under DTA or other taxed at source earnings. 
     

    Screenshot 2024-07-22 082824.png

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  8. Another thing brought up this text translates as 

    Quote

    Foreigners must have proof of financial status or financial support for travel or have financial guarantors of not less than 500,000 baht throughout their stay in Thailand.

     

    If literal 'throughout' implies you must maintain 500k thb for the duration of the visa. This makes less sense when you apply with offshore funds as 1) you dont have the funds in Thailand or THB and they cannot check the initial application account balances. 

    In my case unbothered as I would have 500k in my offshore accounts always.. The bank demands 100k GBP depsosit for the relationship manager service level. 

    DTV money.jpeg

  9. In the interests of full disclosure.. I was just sent this on FB.. 

    Which would appear to indicate that yes, the 180 day extension also costs 10k THB. 

    Quote


    Benefits: Receiving an overseas examination type DTV can be carried out in Thailand once every 180 days. The examination fee rate is 10,000 baht. The validity period of the examination is 5 years, and there is a right to extend the period of stay in Thailand once, not exceeding 180 days, by paying a fee of 10,000 baht and requesting to change the type of examination to be conducted in Thailand, in which case the original examination will be considered terminated.



    That makes little real world sense IMO as you can border bounce instead ?? If its a ME, this text reads more like a one time entry. 

    37e5f509-9b18-4dba-aee3-edbeb8b2f4ab.jpeg

  10. 2 hours ago, wmlc said:

    Only for the highly skilled professional category. The OP falls under the work from Thailand professional category and can't get a digital work permit for that category. End of story. Go debate with someone else on the Thaigher forum. Under you twisted logic the wealthy pensioner category of the LTR visa category can also get a work permit.  Dead wrong! 


    The BOI agent told me that the other 3 can also get a work permit too.. Wealthy global citizen, wealthy pensioner, or work from Thailand (in addition to not needing a work permit for remote work of course) IF they have a Thai sponsor company and wish to do work here. Also mentioned some benefits (2 staff, easier approval) but I wasnt giving it full attention. 

    I didnt ask too much as I have no desire for any Thai employment, I like being well paid 😁 but he clearly said multiple times you can get one, and I was very clear in that wealthy pensioner was the route I would attempt. 

     

  11. 2 hours ago, wmlc said:

    Thailand LTR Visa holders under the "Highly-Skilled-Professionals" category can benefit from a discounted personal income tax rate of 17%. A digital work permit will be issued at the same time as the visa. Thai LTR Visa holders under the "Work-from-Thaialnd Professional" category can not obtain a work permit. You fall under the Work from Thailand professional category and you don't need a work permit and don't qualify for one either. You are clueless on this point. 

     

    Go ahead and try all you want, but you won't get any work permit under the the Work From Thailand Professional Category or the DTV and you don't require one either as long as you don't promote your business in Thailand and don't sell your products and services here to people and businesses inside Thailand. 

     

    Do you really think the Thai government is that stupid to have the DTV and LTR visa category work from Thailand professional when you need a work permit you can't get in those two situations? You are the one who is flat out incorrect!!!

     

    I will get right on advising my clients that they need a work permit if they are here as a digital nomad on the DTV and LTR visa category working from Thailand professional. Then I will tell them to waste their time like you are doing by going to the Labor office to try and convince them to issue one. That would go well with my clients. "I am advising you that you need a work permit, but wait, you can't get one lol. 


    I think you have comprehension problems.. Maybe english isnt your first language. 

    Your replying to a comment that started with "Foreigners often think you need a work permit to work remotely, but you don't. " that is what is incorrect, you DO need a work permit to work online from Thailand unless on a DTV or (arguably imo) the LTR classes. I admit enforcement of this is poor but working online = work and needs a work permit or a legal exemption. 

    NO ONE is saying you can get a work permit on a DTV.. No one.. So what are you are argueing exactly ?? 

  12. 1 minute ago, anrcaccount said:

     

    Agree LivingLOS, it is quite simple. 

     

    Unlimited entries in a 5 year period. Each entry, 180 days stay,( unless you reach the end of the 5 years e.g. enter 30 days before the end of the 5 years, stay permission stamp only valid 30 days until end of the visa)

     

    Each stay can be extended at local immigration(if required), for an additional 180 days. After 360 days consecutively, you would have to leave and re enter. However if you left after say 150 days, on re entry you get 180 days.  

     

    Cost of extension will be 1900 as per every other extension, but has been reported at 10000, I believe this will prove to be incorrect. BKK Immigration stated extensions at 1900. 

     

    Tax is a separate discussion, which should be had on separate threads. 


    Perfectly stated with the exception of at the end of the 5 years. Every other visa issued it is that you must enter before the end of the visa and you get the permission of stay stamp associated with that visa issued, same as a ME non imm 1 year giving 1 year and 90 days (89 if you count entry day) or ME TR giving 60 days entry past the end date of the visa valdity. 

    It would be very strange (but not impossible) to see them adopt sopmething different, so logically this can be used with care for 5 years 179 days and possibly even another 180 extension for 5 years 360 days. 

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