Answered6 months ago
Can dividends from my own company be counted as passive income for the LTR wealthy pensioners visa in Thailand?
Hey guys.
Need some advise, as every consultant I reach out to won't answer a simple question.
For LTR wealthy pensioners visa, it says you need a passive income of 80k USD or 40K USD with an investment of 250K USD in Thailand.
All I need to know is whether dividends from my own company (essentially set up like a holding company), is considered legitimate for this calculation or does it have to be from a non arms reach source?
Thanks in advance!
Need some advise, as every consultant I reach out to won't answer a simple question.
For LTR wealthy pensioners visa, it says you need a passive income of 80k USD or 40K USD with an investment of 250K USD in Thailand.
All I need to know is whether dividends from my own company (essentially set up like a holding company), is considered legitimate for this calculation or does it have to be from a non arms reach source?
Thanks in advance!
Answer summary
The user is seeking clarification on whether dividends received from their own company can qualify as passive income for the LTR Wealthy Pensioners Visa in Thailand. Responses from the community suggest that dividends likely count as passive income, but direct consultation with the BOI (Board of Investment) is recommended for an official answer. Many users stress the importance of contacting BOI representatives for accurate information.
13 repliesnewest first
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Chiraphon **********
contact Boi thailand
Peter **********
Perhaps Consultants do not understand your question.
What language do you use to communicate?
Why expect self-certification to be part of Immigration Bureau’s procedures?
What language do you use to communicate?
Why expect self-certification to be part of Immigration Bureau’s procedures?
Fiamma ******
Yes, the dividend from your own company count as passive income in your case/LTRWP category. Feel free to ask or DM, happy to answer :)
Steve ********
If you ever have a question like this it is always best to consult the BOI Representatives directly. They respond quickly and are very helpful
02-209-1100 (ext. 1109-1110) or 1141-1149
02-209-1100 (ext. 1109-1110) or 1141-1149
**********************
Stephen ********
Passive income is income which you don't work for. Dividends, rental income etc
John **********
I'm fairly sure all dividends count as passive income but ask the BOI directly. They're very responsive
Kim **********
Contact them and or apply and submit it and see what they say. It doesn’t cost anything to just apply.
Evan *******
OPKim Pfefferi oh amazing. Thank you for that information!
Graham ******
Kim Pfefferi correct, you make payment after it is approved
Ian ********
Yes
Mark *********
I would go to the colonel, a Visa age across the street from Chiang Mai immigration center near the airport and ask them
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