Am I eligible for the DTV visa in Thailand with rental income from properties in the UK?

Sep 13, 2024
2 months ago
Afternoon all. I have been living in Thailand now for two years and I have been funding my stay with money I make from two properties I rent out in England.

I do not have a limited company. I have agents in the UK that take care of the properties for me. I do my annual tax return through the UK gov website.

My question is, would I be eligible for the DTV visa still?

The properties both provide a good wage to live off in Thailand and I have savings well over 500,000 baht.

Anyone else applied who is in similar position to myself?

I’m guessing I could ask my agents to provide evidence of the properties I own and the rent etc?
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TLDR : Answer Summary
The user, an expat living in Thailand for two years, seeks advice on eligibility for the DTV visa given that their income comes from UK rental properties and they hold over 500,000 baht in savings. Community members suggest that DTV visa requirements may not strictly necessitate proof of income, but they provide various opinions on how to present the rental income situation, including suggestions on registering a business. There are also discussions about the interpretation of laws regarding overseas income.
DTV VISA RESOURCES / SERVICES
Andy ************
Just register a business name and nominate yourself as the only employee as "administrator" of your rental properties. I posted this a few days ago from a mate in Australia
Mar *****
@Gra***
This isn't written into Thai law yet and may never past the Vote...

I think this is more aimed towards Thai nationals of high net worth hiding monies off shore etc...

Doubt they be chasing up every Tom Rick & Harry for withdrawing 20,000-30,000b from ATMs and card transactions at Restaurants, Lotus & Marko etc...

But there again I guess time will tell...
Graham *******
@Mar ****
This has ALWAYS been law. Last year the PM wrote to the RD and told them to fully implement the law. The only thing up in the area and is not yet implemented is Thai tax on global assets.
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Mar *****
@Graham ******
This isn't written into Thai law yet and may never past the Vote...

Plus I think this is more aimed towards Thai nationals of high net worth hiding monies off shore etc...

Doubt they be chasing up every Tom Dick & Harry for withdrawing 20,000-30,000b from ATMs and card transactions at Restaurants, Lotus & Marko etc...

But there again I guess time will tell...
Tom *********
We can help you with gym paper work
Andi ***********
There have been similar applicants to yourself who have gained approval for the DTV via the London Embassy.Search the threads for their posts. One detailed his application showed how they manage the properties online, contact tenants, suppliers etc via email,
Michelle *******
I think DTV soft power just requires the min 500,000 in bank, no proof of actual income, might be a good option
Daniel *******
Rent from properties is not a job in my opinion. If you’re clever, you can probably make some thing about it, but surely not by being honest about that tho