Can I Get A Non 'B' Immigrant Visa For Overseeing My Investment Here?

[newsite12]

Hi.

I have a complex question.

I hold a 15% stake in a legally registered Thai limited partnership, with my full name and details on the register.

I did not have to show any investment as the 70% stakeholder is a Thai citizen. The other 15% is my Aussie partner.

I have been told by immigration that it is OK to attend meetings and be able to guide my 70% Thai stakeholder as a means of 'overseeing' my interests here in Thailand, and it is OK to do this on a tourist visa, so long as i do no hands on work.

I am currently on a 60 day double entry visa, which is normally good for 6 months. But my next one will be my third, and according to reports (my last) entitlement.

I am also living in the interior, and pretty far from any border, so, border runs and visa runs are a hassle, and i have my eye on trying to get a non immigrant 'B' visa.

Firstly, would I be entitled to one of these, so i am covered for 12 months? Also, would I have to set up a minimum amount of funds in a bank account to show immigration?

Thank you in advance for your help on this issue.

[PoorSucker]

You might get a single entry.

KL is the only place in region that issues multiple entry and the you have to have at least 8 months validity in your WP.

[Maestro]

Even with a multiple-entry non-B visa you would still have to do border runs every 90 days, and get a new visa from a Thai consulate every year.

What you apparently would like to get is annual extensions, but the rules do not provide for it in your case. At any rate, if you argue that overseeing your 15% investment in a company requires your presence in Thailand every day of the year it will be rather difficult to convince anybody that you are not doing any hands-on work, and that you get paid nothing for putting so much time into your overseeing.