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Can I obtain a long-term visa to Thailand without meeting the savings requirement?

Dec 3, 2024
a year ago
Michael *******
ORIGINAL POSTER
Hello,

I am hoping to plan a move to thailand in 2025, I have a remote job for which I net over 3000cad/month.

I dont have the saving requirements that I saw online. Is it possible to get a long term visa without having those savings I saw online?

Thanks,
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TLDR : Answer Summary
The inquiry is about the possibility of acquiring a long-term visa to Thailand for a move planned in 2025, specifically without meeting certain savings criteria commonly seen in online resources. Several community members responded with insights into the Digital Nomad Visa (DTV) requirements, indicating that having 500,000 baht in the bank is essential along with a monthly income of at least 6,000 baht. Some suggested alternative methods like borrowing funds or using tourist visas to stay longer in Thailand while exploring options.
DTV VISA RESOURCES / SERVICES
Kaitlyn *********
In everything I read for requirements you have to show the 500k baht for at least 3 months and 6k a month in income every month.

I’m hoping what I read about 6 k/month is wrong but wouldn’t be an issue for me but maybe someone else can clarify
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Robert *********
Canadian here .

Everything is possible .

Biggest deal if health care as you lose your Canadian

Buy a international health care policy asap

Get a the multiple entry(important )

Tourist visa .

Two months ,extension one month ,quick border run ...repeat twice ..I have been doing that for 20 years

You can easily stretch that to 9 months .

During that time you will become aware of other options that many people use .

You will also know if you really can live here .

Good luck
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Michael *******
ORIGINAL POSTER
@Robert ********
had another question for my fellow canadian., don't I need a return flight for the tourist visa?
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Robert *********
@Michael ******
no !!!

You need a ticket out of the country,within the first visa time ,for you 60 days .

I highly recommend Siem reip in Cambodia to see Angkor. Wat .

The single most amazing thing I have seen in 50 countries
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Robert *********
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Michael *******
ORIGINAL POSTER
@Robert ********
thanks will look into that
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Michael *******
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Brandon **********
If you don’t have 20k cad maybe u should save some homie
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Michael *******
ORIGINAL POSTER
@Brandon *********
I have some, and a well paying job. Thanks
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Brandon **********
@Michael ******
you said you don’t have it in your post . And 3k CAD a month… no offense that’s not super high paying
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Brandon **********
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David ****
I’m looking for a remote job to get DTV. Is your company hiring?
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Michael *******
ORIGINAL POSTER
@David ***
not at the moment. The position was created for me as I have worked with the owner for 20 years.
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David ****
@Michael ******
Thank you for the reply.
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David ****
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John **********
Borrow the money and repay it once you have the visa
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Michael *******
ORIGINAL POSTER
@John *********
I don't want to do anything illegal per say
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Andi ***********
@Michael ******
You have a remote job, and stable income so should have no problem getting the DTV. Good idea to borrow the money to boost your bank balance for the 500K and apply.
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Ernesto ********
@Michael ******
sounds like you don’t know quality
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Ernesto ********
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Michael *******
ORIGINAL POSTER
@John *********
I dont have to be able to show it at any moment?
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John **********
@Michael ******
you need to be able to show it when you apply. Some places want 3 or 6 months of bank statements but if the closing balance has the money required that's fine
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Michael *******
ORIGINAL POSTER
@John *********
perfect, and if my wife is coming and we have a joint account is it doubled?
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Subham ***
@Michael ******
Sadly yes both your wife and you can show in your individual accounts the sum of 500k THB or in a joint account you can show 1M thb.
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John **********
@Michael ******
You apply for your DTV then once you have it your wife applies. How each consulate will treat joint accounts will be up to them, they may or may not want to see it doubled just for a single application. That's normally what happens inside Thailand but you'd need to ask the specific consulate you wish to use.
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John **********
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Bigd **********
How old are you?
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Michael *******
ORIGINAL POSTER
@Bigd *********
43 when I move
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Michael *******
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John *******
The DTV requires 500,000baht equivalent in your bank account. No way around that.
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Cruise ******
@John ******
can he do an Education Visa or Muay Thai Visa for a year in the meantime while accumulating the funds?
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John **********
@Cruise *****
He could potentially do an ED visa but not for remote work. That's what the DTV is for.
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Cruise ******
@John *********
is the income from his remote work taxed while working in Thailand?
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John **********
Potentially, but only income brought into Thailand in a year where he is in tax resident is assessable for Thai tax. Then if the country where the income arises has a tax treaty with Thailand he can claim a credit for any tax already paid on that income
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Brandon **********
@John *********
u can take zoom calls from anywhere . Lots of visa police out there
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Brandon **********
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John *******
@Cruise *****
- there is no such thing as a Muay Thai visa. Muay Thai is one of the “Soft Power” options under the DTV visa, but again, required 500K in the bank account. I don’t know much about the ED visa, which can be used for Thai language, etc.
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John *******
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