Jack1988 Posted July 16, 2024 Posted July 16, 2024 9 minutes ago, Pattaya57 said: No, it's not a bank, so not providing the required bank statement it's possible to request a statement on wise so if you have all money on the account why it shouldn't be accepted?
DCXMX Posted July 16, 2024 Posted July 16, 2024 Can you use the money that placed for statement after you get the visa? during the stay of 180 days?
visarunner Posted July 16, 2024 Posted July 16, 2024 3 hours ago, Jack1988 said: Just wonder if it would be possible to use wise for the 500k money requirements. And if it would be enough to just upload an employment contract without an employment certificate from the company try it out. I guess no visa has been approved yet as it has been released on 15th July only.
Chalky0w Posted July 16, 2024 Posted July 16, 2024 Definitely looking interesting! I’m in almost the reverse position of “the hordes” some are saying will come to work illegally - I have my own business in UK but normally only work a few months a year here and spend the rest of the year in Thailand or elsewhere not working. Had a few METV in the past but this would be better value and more flexible for length of stays. Presumably I can bring my laptop and claim to work even if all I do is check a few emails? Guess no one has any insight into how tax would work if I stayed more than 180 days? - Pay business and personal tax in UK - Income earned in UK (but guess I’d have to say some was earned while in Thailand) - No Thai clients / nothing Thai related for income - I guess I would spend / remit approx. 1mil baht a year depending on how long there (guess I could pay Thai tax on that if I have to) - Annual income from work and investments is much higher than 1mil baht (don’t want to pay tax on the extra) This will probably get buried in other chat but would appreciate any insights!
Jack1988 Posted July 16, 2024 Posted July 16, 2024 19 minutes ago, Chalky0w said: Definitely looking interesting! I’m in almost the reverse position of “the hordes” some are saying will come to work illegally - I have my own business in UK but normally only work a few months a year here and spend the rest of the year in Thailand or elsewhere not working. Had a few METV in the past but this would be better value and more flexible for length of stays. Presumably I can bring my laptop and claim to work even if all I do is check a few emails? Guess no one has any insight into how tax would work if I stayed more than 180 days? - Pay business and personal tax in UK - Income earned in UK (but guess I’d have to say some was earned while in Thailand) - No Thai clients / nothing Thai related for income - I guess I would spend / remit approx. 1mil baht a year depending on how long there (guess I could pay Thai tax on that if I have to) - Annual income from work and investments is much higher than 1mil baht (don’t want to pay tax on the extra) This will probably get buried in other chat but would appreciate any insights! Ok so you're telling me that you would spend around 80k thb a month in Thailand?
Phillip9 Posted July 16, 2024 Posted July 16, 2024 3 hours ago, shdmn said: I doubt they will accept people showing screenshots of their youtube channels or whatever. Evisa site says they will except a "professional portfolio showcasing digital nomad, remote worker, foreign talent or freelancer status" That sounds exactly like screenshots of their youtube channel and proof of income generated from it. 1 1
Popular Post DonniePeverley Posted July 16, 2024 Popular Post Posted July 16, 2024 It's not about being over run. It's also caring deeply about friends and relatives i have in Thailand. We have a prime example of the shananigans going on in the Phuket with long term Russians in Phuket. They've caused alot of damage to local thais. Brazenly bought up business, illegal working, buying up the sunbed business on beaches etc, tours - but worst of all they've really bought up alot of property (now we know why this is seen as so attractive to a PM who is a property developer). This has caused alot of Thai's to have to downgrade or move areas. Then you have the erosion of Thai culture. You have the ecological damage that comes with mass tourism. I could go on .... I have seen Indians cause carnage in Kuala Lumpur when visa rules for them were relaxed. Malaysia had to backtrack on the policy. So yes you've saved yourself a little flight out, or having to deal with an extension visa - but you won't want one in a few years time when the place really stinks and is designed for one weeks of miserable tourism. 3 1
Chalky0w Posted July 16, 2024 Posted July 16, 2024 2 minutes ago, Jack1988 said: Ok so you're telling me that you would spend around 80k thb a month in Thailand? Maybe. That is a rough figure, that is averaged and may vary. Staying “home” is cheap but I like to move around
Phillip9 Posted July 16, 2024 Posted July 16, 2024 3 hours ago, Jack1988 said: Normally freelancer that are working for a company abroad have an employment contract, isn't it? No, very few digital nomads work for a company. Almost all of us are creating some type of digital content and getting income from the users of that content. As in the example of someone creating youtube videos and receiving income from adds in their videos. 1
Popular Post hydraides Posted July 16, 2024 Popular Post Posted July 16, 2024 The Cons Here (Especially the 60 day exemption) far outweigh any positives..........Crazy thinking from the PM Why does the government think More = Better Must get MORE TOURISTS Must get MORE ECONOMY Must get MORE DEVELOPMENT MORE<MORE<MORE. destroy nature at any cost in the name of 'profit' and the illusionary monetary system. Thailand was perfect the way it was 10 years ago It is criminal what this Puppet PM is doing. Along with this and.....the unbelievable 10k digital wallet screen.......and seeing his stupid cheesy smile on the news all the time.......makes me so angry 3 2 2
Mike Teavee Posted July 16, 2024 Posted July 16, 2024 1 hour ago, Chalky0w said: Definitely looking interesting! I’m in almost the reverse position of “the hordes” some are saying will come to work illegally - I have my own business in UK but normally only work a few months a year here and spend the rest of the year in Thailand or elsewhere not working. Had a few METV in the past but this would be better value and more flexible for length of stays. Presumably I can bring my laptop and claim to work even if all I do is check a few emails? Guess no one has any insight into how tax would work if I stayed more than 180 days? - Pay business and personal tax in UK - Income earned in UK (but guess I’d have to say some was earned while in Thailand) - No Thai clients / nothing Thai related for income - I guess I would spend / remit approx. 1mil baht a year depending on how long there (guess I could pay Thai tax on that if I have to) - Annual income from work and investments is much higher than 1mil baht (don’t want to pay tax on the extra) This will probably get buried in other chat but would appreciate any insights! If you're in Thailand for > 180 days in a calendar year then you will have to pay Tax on any assessable income which would include things like income from your Business in the UK but no need to have any Thai Clients / Sourced Income. As you've mentioned using METVs I'm assuming you're not married & are under 50 so you'd pay approx. 80K on 1Million of Income (NB you might be able to claim an additional 100K allowance for "Business Expenses" which would reduce this to approx. 62K) If you're over 50 (Or very wealthy 🙂 ) - Check out the Long Term Residency visa as this would give you Tax Free remittances on income.
Presnock Posted July 16, 2024 Posted July 16, 2024 10 hours ago, Caldera said: Where did you get that income figure from? Or the fact that you can qualify for the visa by showing a monthly income instead of a 500k baht bank balance? I may have been in error but I read from another that he was happier about 500K as opposed tgo 800K and that his (I think military) pension would cover the 66K income requirement - I withdrawal my original comment here about the 66K requirement unless I can find it again, Sorry for that.
Chalky0w Posted July 16, 2024 Posted July 16, 2024 3 minutes ago, Mike Teavee said: If you're in Thailand for > 180 days in a calendar year then you will have to pay Tax on any assessable income which would include things like income from your Business in the UK. As you've mentioned using METVs I'm assuming you're not married & are under 50 so you'd pay approx. 80K on 1Million of Income (NB you might be able to claim an additional 100K allowance for "Business Expenses" which would reduce this to approx. 62K) If you're over 50 (Or very wealthy 🙂 ) - Check out the Long Term Residency visa as this would give you Tax Free remittances on income. Thanks Mike! This is useful! You’re correct that I’m not married or over 50. I’m not too worried about 80k for tax but if I had to pay tax on total income it might get a bit knarly especially since paid UK taxes already. Appreciate the advice! 1
Popular Post DonniePeverley Posted July 16, 2024 Popular Post Posted July 16, 2024 12 minutes ago, hydraides said: The Cons Here (Especially the 60 day exemption) far outweigh any positives..........Crazy thinking from the PM Why does the government think More = Better Must get MORE TOURISTS Must get MORE ECONOMY Must get MORE DEVELOPMENT MORE<MORE<MORE. destroy nature at any cost in the name of 'profit' and the illusionary monetary system. Thailand was perfect the way it was 10 years ago It is criminal what this Puppet PM is doing. Along with this and.....the unbelievable 10k digital wallet screen.......and seeing his stupid cheesy smile on the news all the time.......makes me so angry The irony of his stupid decisions is revenue from tourism is down despite the fact they're going to break records for tourism this year. Clearly they're attracting cheap mass tourism. So what's the Thai logic - let's get more to crawl back that revenue. Total lunacy. In years to come they will talk about the ecological damage done to Thailand by this PM. 1 2 1
JoeyMac Posted July 16, 2024 Posted July 16, 2024 19 minutes ago, hydraides said: The Cons Here (Especially the 60 day exemption) far outweigh any positives..........Crazy thinking from the PM Why does the government think More = Better Must get MORE TOURISTS Must get MORE ECONOMY Must get MORE DEVELOPMENT MORE<MORE<MORE. destroy nature at any cost in the name of 'profit' and the illusionary monetary system. Thailand was perfect the way it was 10 years ago It is criminal what this Puppet PM is doing. Along with this and.....the unbelievable 10k digital wallet screen.......and seeing his stupid cheesy smile on the news all the time.......makes me so angry Fully agree. The flood gates are going to open. Only ones who benefit are property developers. There are rules in Thai politics that you are not meant to benefit from decisions, even if he has transferred shares to his daughter as i have read in reports. It's scandalous they're going to get away with it. What's more annoying is the lunacy of some posters here rejoicing here because it saves them a little time going to get an extension - these people don't give a single care about Thailand at all. 1 1
Popular Post JoeyMac Posted July 16, 2024 Popular Post Posted July 16, 2024 46 minutes ago, Phillip9 said: No, very few digital nomads work for a company. Almost all of us are creating some type of digital content and getting income from the users of that content. As in the example of someone creating youtube videos and receiving income from adds in their videos. Digital nomad is just going to be a backpacker with a laptop. Get real. 3 1
Popular Post Phillip9 Posted July 16, 2024 Popular Post Posted July 16, 2024 1 minute ago, JoeyMac said: Digital nomad is just going to be a backpacker with a laptop. Get real. I'm a digital nomad. I make more money now than I did when I was working full time in the US. It can be very lucrative. 2 1 1
Popular Post gt162 Posted July 16, 2024 Popular Post Posted July 16, 2024 Royal Thai Consulate-General, Los Angeles fee is US$400. https://thaiconsulatela.thaiembassy.org/en/publicservice/dtv-visa Destination Thailand Visa (DTV) วันที่นำเข้าข้อมูล 16 Jul 2024 วันที่ปรับปรุงข้อมูล 16 Jul 2024 | 26 view Destination Thailand Visa (DTV) Purpose of Visit: Workcation (Digital nomad/remote worker/foreign talent/freelancer) Thai soft power related activities e.g. Muaythai, Thai culinary training and medical treatment Spouse and children under 20 years old of DTV visa holders Required Documents for a DTV: Workcation (Digital nomad/remote worker/foreign talent/freelancer) Passport Biodata Page or Travel Document (Must be valid within 6 months from travel date) Photograph of the applicant, taken within the past six months Document indicating current location (driving license, bank statement, or proof of stay) A copy of a recent saving or checking bank statement with an ending balance of no less than 500,000 THB or ($16,000 USD) that shows the applicant's name and date. In case of submitting a family bank statement, proof of relationship (i.e. birth certificate, marriage certificate) must be provided Employment contract or employment certificate in their country or professional portfolio showcasing digital nomad, remote worker, foreign talent or freelancer status Required Documents for a DTV: Thai soft power related activities e.g. Muaythai, Thai culinary training and medical treatment Passport Biodata Page or Travel Document (Must be valid within 6 months from travel date) Photograph of the applicant, taken within the past six months Document indicating current location (driving license, bank statement, or proof of stay) A copy of a recent saving or checking bank statement with an ending balance of no less than 500,000 THB or ($16,000 USD) that shows the applicant's name and date. In case of submitting a family bank statement, proof of relationship (i.e. birth certificate, marriage certificate) must be provided Letter of acceptance from institute or company organizing activities, letter of appointment from hospital/medical center Required Documents for a DTV: Spouse and children under 20 years old of DTV visa holders Passport Biodata Page or Travel Document (Must be valid within 6 months from travel date) Photograph of the applicant, taken within the past six months Document indicating current location (driving license, bank statement, or proof of stay) A copy of a recent saving or checking bank statement with an ending balance of no less than 500,000 THB or ($16,000 USD) that shows the applicant's name and date. In case of submitting a family bank statement, proof of relationship (i.e. birth certificate, marriage certificate, certificate of adoption) must be provided Personal details of a DTV visa holder (i.e. valid government-issued ID card, Passport biodata page and the DTV visa approval of the DTV visa holder) 1 2
JoeyMac Posted July 16, 2024 Posted July 16, 2024 13 minutes ago, Phillip9 said: I'm a digital nomad. I make more money now than I did when I was working full time in the US. It can be very lucrative. what digital nomad work do you do ? If you wanted to stay in thailand before you could have done so.
Popular Post Phillip9 Posted July 16, 2024 Popular Post Posted July 16, 2024 2 minutes ago, JoeyMac said: what digital nomad work do you do ? If you wanted to stay in thailand before you could have done so. I write apps. No, previously there was no option I could qualify for except the ridiculously priced elite visa. 1 1 2
DonniePeverley Posted July 16, 2024 Posted July 16, 2024 1 hour ago, Phillip9 said: I write apps. No, previously there was no option I could qualify for except the ridiculously priced elite visa. Nonsense. You could have easily flown to nearby Combodia, Malaysia, Vietnam, etc for a day trip every few months. You never done a day trip before? I enjoyed my little trips. It would have been less than the cost of the visa.
Persuader0963 Posted July 17, 2024 Posted July 17, 2024 8 hours ago, Jack1988 said: Just wonder if it would be possible to use wise for the 500k money requirements. And if it would be enough to just upload an employment contract without an employment certificate from the company If others have used it for the TV, it should be allowed for this
Popular Post Persuader0963 Posted July 17, 2024 Popular Post Posted July 17, 2024 19 minutes ago, DonniePeverley said: Nonsense. You could have easily flown to nearby Combodia, Malaysia, Vietnam, etc for a day trip every few months. You never done a day trip before? I enjoyed my little trips. It would have been less than the cost of the visa. And get yourself in trouble with immigration after a while? 2 5
DonniePeverley Posted July 17, 2024 Posted July 17, 2024 12 minutes ago, Persuader0963 said: And get yourself in trouble with immigration after a while? Have you been to Thailand? FLying in and out rarely causes a problem. Even less so if you get a visa again every few months, then renew. 1
anrcaccount Posted July 17, 2024 Posted July 17, 2024 9 hours ago, sampson said: That is not a free for all by any means. They want to see that somebody has a job or are a genuine freelancer. It remains to be seen what will be accepted as proof for a "professional portfolio." Plus, they will need 15k Euro's in the bank, which a heck of a lot of people simply don't have. If you were able to apply for this within Thailand at a local visa shop then that would have the potential to be abused, but that doesn't appear to be the case. A free for all is anybody over 50 turning up and going to an agent who "facilitates" a Visa they don't have the money for. I think this will be a free for all. Time will tell. Initial applications have been filed with a single hospital appointment under the "soft power" provisons. We'll see if they are accepted. Once the visa is granted, it's granted and valid for 5 years. There is no mention of any ongoing checks or validity requirements. The only practical time these would occur is upon extensions, which can be avoided by re entry.
save the frogs Posted July 17, 2024 Posted July 17, 2024 2 hours ago, Phillip9 said: I'm a digital nomad. I make more money now than I did when I was working full time in the US. It can be very lucrative. If you're a software programmer or have some high level skills, you can make a lot of money online. If you're a Youtuber, some make a lot of money, but it probably takes several years to grow the channel to be able to make money. You need to bootstrap, like any business. I don't believe it's that easy. And a lot of youtubers go broke.
shdmn Posted July 17, 2024 Posted July 17, 2024 3 hours ago, Phillip9 said: Evisa site says they will except a "professional portfolio showcasing digital nomad, remote worker, foreign talent or freelancer status" That sounds exactly like screenshots of their youtube channel and proof of income generated from it. People are probably trying as we speak so we should be hearing some first hand experiences soon enough. 1
Popular Post Caldera Posted July 17, 2024 Popular Post Posted July 17, 2024 While everyone is busy moaning about wannabe digital nomads (as per usual), the real "floodgate opener" with the DTV appears to be the "Thai soft power" category. Reading the requirements on Thai embassy and eVisa websites, an appointment at a Thai hospital or a certificate of enrollment into a cooking class seems to be sufficient documentation, which sounds a lot easier than faking a digital nomad portfolio. I mean you can literally make a bona fide appointment with one of Thailand's top hospitals with just a few clicks. 1 5
Persuader0963 Posted July 17, 2024 Posted July 17, 2024 26 minutes ago, DonniePeverley said: Have you been to Thailand? FLying in and out rarely causes a problem. Even less so if you get a visa again every few months, then renew. To the contrary, the most issues I've had is with airports. Land borders are less problematic. And if you plan to get a visa every few months, it's easier to just get this visa. 1 1
shdmn Posted July 17, 2024 Posted July 17, 2024 10 minutes ago, Caldera said: While everyone is busy moaning about wannabe digital nomads (as per usual), the real "floodgate opener" with the DTV appears to be the "Thai soft power" category. Reading the requirements on Thai embassy and eVisa websites, an appointment at a Thai hospital or a certificate of enrollment into a cooking class seems to be sufficient documentation, which sounds a lot easier than faking a digital nomad portfolio. I mean you can literally make a bona fide appointment with one of Thailand's top hospitals with just a few clicks. And probably cancel it just as easily after your visa gets approved. It does sound like a rather low bar to be sure.
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