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Thai Visa Elite Option

AussieBob18
AussieBob18
in Thai Visas, Residency, and Work Permits

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There are other benefits to the Elite Visa depending on individual circumstances. I run my own business in HK and China, my products are also distributed in Thailand. 1 year ago China changed its tax regime such that if you stay in China 6 months and 1 day you pay tax on global earnings at 40% (depending on your income). So I decided to live in Thailand for 6 months of the year. To get an Elite Visa you just need a copy of your passport and Baht 500k, no need to prove where your money is coming from and no restrictions on how many times you enter or stay, no need to pay tax, for 500k you get a lot of flexibility and the cost if very quickly offset by avoiding the tax man. 

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  • Caldera
    Caldera

    I think Malaysia's program is great, but the simple truth is, most members of the target group prefer to spend their time in Thailand, even if that means having to deal with Thai immigration and their

  • JimGant
    JimGant

    You no longer need to keep 800k in the bank (nor show 65k monthly remittance to Thailand). And, since I considered the 800k a sunk cost, i.e., I'll never see it again 'cause it'll have to sit in the b

  • AussieBob18
    AussieBob18

    I agree - Malaysia not so great for the ordinary expat. But there are a lot of expats living there in very large 'gated communities' and they only leave to play golf and shopping etc,. and to do what

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