Answered2 years ago
Can I draft a letter for myself on the DTV Visa while running a one-person company in the US?
On the new DTV Visa, if you own a company of one in the United States, can you write a letter for yourself?.... I sell real estate and will be looking at some real estate stuff over there.
Answer summary
The DTV Visa does not permit holders to engage in real estate or business activities within Thailand. While you may own a company overseas, drafting a letter for oneself or working in Thai real estate is not allowed without a proper work permit. Any income from business operations in Thailand is prohibited; income should come from outside the country.
29 repliesnewest first
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Iain *********
Can't do real estate or other business in Thailand with the DTV. Need to earn money from outside the country.
Frank-Steven ***********
@Iain ********
Only for money from outside of Thailand. No employment / business activity within Thailand.
Sanj *******
What if it’s passive income from your rentals?
Iain *********
@Sanj ******
as long as the rentals are outside Thailand that's compatible with DTV.
Jj ****
You are doing a job in Thailand which is explicitly forbidden. For this you need a proper work permit. Competitors won't hesitate to check on you and denounce you. Many foreign realtors in Thailand with the proper paperwork so your risk is high!
Iain *********
@Jj ***
yes. And you can't get a work permit if you have DTV.Jj ****
@Iain ********
exactly. Only non-o Thai spouse or non-b or nob-ib
Radost **************************
You are not allowed to work in real estate
Neil ******
FYI: Foreigners can only own designated condos. Land ownership is reserved for Thais.
Andrew *******
@Neil *****
two things to note though, one is the thai government is considering to up the foreign percent allowed to 70 and also a recent change to land is that a foreigner can now buy land if they have first invested 40 million Baht in to Thailand and they can then buy 1 rai for a personnel home, also to be aware of is that they are cracking down on foreigners that start a business here only to buy condos and land in a company nameRadost **************************
@Andrew ******
it's since 39 years that when you invest 40 million that you can buy, this is far away from newNeil ******
@Andrew ******
are you positive that ever hit the royal gazette? I recall that being a proposal but nothing more. I think there’s a BOI program where a BOI company can own land, but for commercial use.Neil ******
@Andrew ******
that was over 2 years ago. That is dead. The current government does not want foreigners to own land.Andrew *******
@Neil *****
ok so yes the buying of land may not of been passed yet but it is still on the table and so may happen, apologies for giving wrong informationFrank-Steven ***********
You can upload your company registration in your name. That does the trick.
Frank-Steven ***********
You said you own a US registered company. Then you should have some official document proving that. That plus proof of at least 500k THB in saving should get you the DTV visa.
Bryant *****
OPok thank you
Bryant *****
OP@Frank-Steven **********
Do you have any idea how far in advance you can go ahead and get this visa?... Let's say I was not coming in till February but wanted to get it done earlier?
Kyle **********
@Bryant ****
The visa is valid for 5 years upon approvalFrank-Steven ***********
@Bryant ****
Most Thai consulates won’t allow more than 3 months in advance. Need to check with the consulate in your jurisdiction.Bryant *****
OP@Frank-Steven **********
... Yes sir, I have that... Thank you for the clarificationBryant *****
OP@John *******
yes I do
John ********
@Bryant ****
what document is this? Do you have an LLC? Maybe something with your TIN number?Bryant *****
OP@Frank-Steven **********
I don't really understand... sorry
Robert *****
@Bryant ****
a copy of your Real Estate license, your business license, maybe your business card.
Aekky *******
just enroll in Muaythai course or cooking school. It will be much easier than drafting a letter for yourself
Colin ********
@Aekky ******
hi what's the best optionBryant *****
OP@Aekky ******
does my fat ass look like it should be doing muay Thai fighting?... And it's obvious that I would do better in a eating school than a cooking school 😉😉
Jim ********
@Aekky ******
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