Answereda year ago
Are my qualifications suitable for a Digital Nomad Visa (DTV) in Thailand?
I am 50+, American, have more than enough assets, collect a monthly pension, have visited Thailand MANY times, and trade stock options for substantial income.
Are these appropriate qualifications for a DTV?
Are these appropriate qualifications for a DTV?
Answer summary
The individual is qualified to apply for a Digital Nomad Visa (DTV) based on their age, financial status, and income sources. However, some comments suggest exploring alternative options like the LTR Visa or Retirement Visa, citing their potential advantages, such as lower restrictions and longer validity. Conversations highlight the evolving regulations surrounding the DTV and recommend reviewing current requirements and experiences from other applicants.
22 repliesnewest first
Click comment and we will ask for your email, then OTP, then name.
Henrik *****
Read the requirements at the preferred Embassy
John **********
If you wish to continue trading from inside Thailand the DTV is about your only legal option.
Anonymous *************
OP@John *********
my trading will not be reported to Thailand regardlessJohn **********
Anonymous participant it's not you reporting it you need to worry about
Anonymous *************
OP@John *********
ah, got you, good pointJohn **********
Anonymous participant you misunderstand. It's other people you need to worry about. You just need to piss someone off, or they get jealous or whatever, and a quick call to the police or immigration and you have a problem.
Anonymous *************
OP@John *********
how would online trading with a VPN be reported?Paul *******
@John *********
It doesn't matter. It's possible to work online on any visa. What matters most is what visa is most appropriate for his situation.John **********
@Paul ******
of course its possible, just not legalPaul *******
@John *********
Don't be ridiculous. A DTV is a non-work authorized visa. It has the same "employment prohibited" restriction as tourist visas or retirement visas. In practice ALL of these visas allow you to work remotely for non-Thai based entities. Stock trading is about the same "work" as opening your banking app or internet banking anyway.
Dror *********
@John *********
yea well prostitution isn't legal here in 😅thailand too
Anonymous ******************
LTR if you are concerned about tax liability.
Anonymous ******************
I would recommend you look into LTR visa. If you have the funds to qualify for that, it is your best option.
**********************
Chadaporn **************
Explore our infographic, which includes FAQs and step-by-step guidelines for the LTR visa process.
Please visit:
Please visit:
******************************************************
Andi ***********
Similar stock trading applicants have been approved for the DTV. You will find posts in the threads.
Jared *********
I was torn between Retirement visa and DTV and thought DTV sounded great. And it is for certain things because it is cheap, lasts 5 years, and easy to qualify for. But the negative is that it is still a tourist visa and one thing that has hit me recently is Bangkok Bank closing bank accounts. Some people say a bank account isn't needed but it sure makes life easier. One could argue that a cell phone also isn't needed but who wants to live without one??
Some might suggest retirement visas but lately I have been looking more into the LTR retirement visa or LTR for wealthy global citizens. I am leaning towards switching from DTV to LTR at this time
Some might suggest retirement visas but lately I have been looking more into the LTR retirement visa or LTR for wealthy global citizens. I am leaning towards switching from DTV to LTR at this time
Anonymous ******************
@Jared ********
if you qualify for LTR I would switch for sure
James ********
Anonymous participant 950 Wise advice ✅
Greg ********
@Jared ********
If you can get the LTR it is a much better visa than both DTV and Retirement O. There is a 10 year Retirement O-X too but I do not know much about that.
Anonymous ******************
@Jared ********
Clever. Plus, the DTV is still new, and the government that pushed it has just collapsed. Retirement or other alternatives are more stable and predictable for now.Anonymous ******************
Go for a retirement visa. The DTV is for digital nomads and those involved in soft power activities. Aside from the 500k of liquid funds required in an account, the rest doesn’t really matter. The DTV is still new and unpredictable. You can already see things getting stricter over time (demanding in-country extensions, no bank account, etc.). The officials who pushed for it in the government have already been replaced.
Greg ********
Anonymous participant 270 Anutin is on record as saying he wants all visas reviewed. He also said he wants a single body defining visa types and not the few there is now ie Immigration, MFA and BOI
Activity
13 joined13
people
Related
25What is the process and experience of obtaining a DTV visa in Thailand for digital nomads?
809224mo
Is the process for renewing a retirement visa the same each year in Thailand?
1.8k555mo
Can a retired person obtain a Digital Nomad Visa (DTV) in Thailand?
3.9k323710mo
Do I need to re-enroll in my training for a DTV visa every time I leave and re-enter Thailand?
2.1k171910mo
What visa options are available for a 40-year-old Norwegian man with a monthly income of 102,000 baht looking to move to Thailand?
1.8k14131y
What documents are needed for the DTV visa application in Thailand?
836451y
What are my options for staying in Thailand after my ED visa expires if I can't afford the DTV requirements?
1.8k1691y
What is the best visa for retirees in Thailand who are self-insuring for health due to age and pre-existing conditions?
2.6k22211y
Is it legal to work remotely in Thailand on a visa waiver?
10.7k100881y
Is it a good idea to switch from a Retirement Visa to a DTV in Thailand?
4.3k37391y
Which visa option is better for a family considering staying in Thailand: Digital Nomad or Muay Thai?
3.5k27311y
Can an American receiving Social Security be approved for the Destination Thailand Visa (DTV)?
4.1k39152y
Why would someone choose a privileged visa over a retirement visa in Thailand for those over 50?
3.9k35212y
What is the best visa option for retiring in Thailand?
6.8k48852y
What are the experiences and processes for obtaining the Digital Nomad Visa (DTV) in Thailand?
16.1k712402y
Is the 180-day visa and frequent flights in and out the best option for a 2-3 year stay in Thailand?
3k26212y
What are the best visa options for a US citizen married to a Thai woman planning to work remotely while living in Thailand?
2.1k14232y
What should I do after my Letter of Approval from BOI Thailand for my LTR Visa was rejected?
2.3k14182y
Are there age exceptions for retired US military members applying for Thailand's retirement visa?
11.6k671792y
What are the document requirements and experiences for applying for a Digital Nomad Visa (DTV) in Thailand from the Netherlands?
9.5k691152y
What is the best visa option for a couple over 50 planning to stay in Thailand for six months each year for two years?
4.9k42402y
What are the eligibility requirements for the LTR visa in Thailand, and is the Elite visa a viable alternative for someone who doesn't meet them?
6.2k55513y
What are the benefits and challenges of obtaining the 10-year LTR Work Remote Visa in Thailand?
16k1511364y
What are the challenges and requirements of Thailand's Long-Term Resident (LTR) visa for expats?
4.8k44334y
How can expats over 65 obtain a Non-O multi-entry visa in Thailand?
2.2k14219y
Resources
Need help with your DTV visa?
#1 visa agent · 4,000+ reviews · 100,000+ expats served