The discussion focuses on whether crypto traders can successfully obtain a DTV (Digital Nomad) visa in Thailand. Several community members share their experiences, indicating that while some have managed to secure the visa through alternative income types such as dividends, many have faced rejection due to perceived instability in income from trading. There are mixed opinions on whether proof of steady income or savings is necessary, with suggestions to leverage the right embassy and to be aware of the income sources presented in the application.
If Thai immigration accept traders who has enough cash/uninvested growth balanced in broker account, I guess (I should not guess) in probability, should be possible
In all culture, stable income is nothing better than holding a lot of cash, and paradox is, those have stable income that major from job, pension… etc, doesn’t mean stable in life
Vlad *******************
I think Thai immigration is more interested in real money than horse race betting coupons
Frank-Steven ***********
Why not? Proof of steady income isn’t even a requirement of the DTV. 500k THB in savings is + some proof of either remote work or self employment.
Yes there have been and still are many scams in the Crypto space but that doesn't mean Cryptos are bad does it, just bad people, How many 'fiat' scams have there been and how many are still running today, In fact we are going through one of the biggest transfers of wealth right now all using Fiat currency and money laundering.
I lost U.S$220,000 from Blockfi when they went bankrupt because of the FTX bankruptcy. I only got a fraction back. Since then, I've explored other options than crypto. LOL
Ha ha that's why many Countries now have $Billions in Crypto strategic reserves, educate yourself!
Reed **********
I guess they do the soft power too so I mean if you have 2 million in Bitcoin I would approve you. From what I've seen most people are having to show bank statements with us cash or similar even people that have stock accounts where the minimum amount of 12 or 13,000 needed. some want to see it for six months in account and then buy it back in. some want to see it for six months, a lot of people were able to just transfer out those stocks overnight into an account and then buy it back after approval