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Can I draft a letter for myself on the DTV Visa while running a one-person company in the US?
Jul 30, 2024
2 years ago
Bryant *****
ORIGINAL POSTEROn 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.
TLDR : 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.
DTV VISA RESOURCES / SERVICES
- Take the basic DTV Qualification Test to see if you're eligible for the Destination Thailand Visa (DTV).
- For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
- Explore recent discussions by using the DTV Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
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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.Reply to
Frank-Steven ***********
Reply
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.Reply to
Iain *********
Reply
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-ibReply to
Jj ****
Reply
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.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 informationNeil ******
@Andrew ******
that was over 2 years ago. That is dead. The current government does not want foreigners to own land.Reply to
Neil ******
Reply
Frank-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 *****
ORIGINAL POSTERok thank you
Bryant *****
ORIGINAL POSTER@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.Reply to
Frank-Steven ***********
Reply
Bryant *****
ORIGINAL POSTER@Frank-Steven **********
... Yes sir, I have that... Thank you for the clarificationJohn ********
@Bryant ****
what document is this? Do you have an LLC? Maybe something with your TIN number?Bryant *****
ORIGINAL POSTER@John *******
yes I doReply to
Bryant *****
Reply
Bryant *****
ORIGINAL POSTER@Frank-Steven **********
I don't really understand... sorryRobert *****
@Bryant ****
a copy of your Real Estate license, your business license, maybe your business card.Reply to
Robert *****
Reply
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 *****
ORIGINAL POSTER@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 ******
Stupid responseReply to
Jim ********
Reply
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