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Can I qualify for a Digital Nomad Visa in Thailand if I manage rental properties in the U.S. and what are the age limitations?

Digital Nomad Visa Visa Rules Income Qualification Retirement Visa Taxation Property Management Bank Account Requirements

Aug 26, 2024

4 months ago

Jeremy **********

ORIGINAL POSTER

2 DTV questions

* I own some property in the U.S. that I rent out and manage (pay bills, arrange for maintenance) from Thailand. I have lease contracts from tenants I could show to demonstrate the income.  It seems a stretch to call that income employment,  What do you all think?  Would I qualify for a digital nomad visa?

* I am age 66 and retired.  Is there an unstated upper age limit for DTV?  I plan to stay for 4 months this time.  I want to set up a bank account, but don't want to put 800K baht in a bank in Thailand.

Thanks

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TLDR : Answer Summary

The user is inquiring whether managing rental property in the U.S. while living in Thailand qualifies as remote work for obtaining a Digital Nomad Visa (DTV). They also ask if there is an upper age limit for the DTV and express concerns about depositing 800,000 baht in a Thai bank for the visa. Comments suggest that passive income from rentals may not qualify as employment, raise concerns about taxation in Thailand, and confirm that individuals over 66 have successfully obtained the DTV.

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Paul **********

Use wise!

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Jon ********

It is passive income and taxable.

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John **********

I doubt that qualifies as remote work

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Bob **********

You must have a contract from a company

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Todd *********

not necessary at all

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Bob **********

good luck

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Todd *********

won’t need luck

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Bob **********

ok mate

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Bob **********

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Andy ************

Yes you can. A friend of mine has already done that and got the DTV. His "remote working" consists of daily checking of emails, and monthly reconciliation of income.

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Graham *******

you need cash on deposit and a purpose for DTV. If you intend to be in Thailand longer than 180 days those rentals are taxable in Thialand.

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Daniel *****

If he stays more than 180 days AND remits the income to a Thai Bank account

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Andy ************

Exactly. Rents earned overseas already attract tax and if not transferred to Thailand are outside the scope of Thailand Revenue.

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Graham *******

correct, for this year, but there is a proposal to tax residents on global income. This would bring Thailand inline with all other OECD countries and this is the driver!

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Graham *******

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Austin *********

I am 67 and from the USA...i got the DTV 2 weeks ago. Just make sure you have the amount of money in a bank in the USA...to qualify you and read the requirements to make sure you qualify.

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Jim ********

You can enter Thailand now for 60 days on a stay permit.

At the end of the 60 days, you can apply for 30 more for 1900 baht. Then you leave for 1 day, come back and get another 60 days. Problem solved.

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Jim ********

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