Answered2 years ago

Can rental properties or military VA benefits be used as income sources for the DTV visa in Thailand?

DTV Visa Income Sources Rental Property Military VA Benefits Visa Application Process Thailand Immigration

Paul **********

asked Nov 19, 2024

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anyone apply using rental property and/or military VA benefits as sources of income for the dtv?

Answer summary

Yes, there have been reports of individuals successfully applying for the DTV visa using rental property as a source of income. Some members suggested that using a stronger financial proof, like having 500,000 baht in a bank account, may be simpler than proving income. There are also queries about using crypto account statements and experiences of military pension recipients applying for visas, highlighting that income sources may vary in acceptance.

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Paul *******

A retired military couple in their late 20s or early to mid 30s tried doing that in Taipei, but not sure if they were approved. She spent a good 15 minutes going back and forth with the officer on that issue and especially the fact her dental appointment didn't have a stamp on it.

She kept explaining they receive USD 7000 per month in military pension, more than enough to live off in Thailand. It's unclear if this is per person or for the couple together.

2 years ago

Evan *******

How about Crypto account statements, does this work has anyone tried?

2 years ago

Andi ***********

@Evan ******

No, must be cash in a personal bank account.

2 years ago

John **********

Simpler to apply using one of the soft power options, income is irrelevant you just need to show you have the 500k baht or equivalent in your bank account

2 years ago

Imran ***************

@John *********

I agree. There seems to be a much greater probability of success with a soft power dtv. At B10-15,000 it's much easier than trying a less tried & tested/standardised route.

2 years ago

Andi ***********

There have been posts of success via rental property applicants. They should be in the threads.

2 years ago

Paul **********

@Andi **********

there aren’t that’s why i asked here

2 years ago

Andi ***********

@Paul *********

ok, I read posts from similar applicants who got approved via showing how they managed the properties online, demonstrated their income from the rentals etc.

2 years ago

Andi ***********

@Paul *********

They won't be that concerned about the profit ratio as there is no minimum income requirement. They want to see how you work online, where your income comes from, that it is not from Thailand. The banked 500K is essential.

2 years ago

Paul **********

@Andi **********

if they only need income then i’d assume just leases and proof of monthly deposits, but if they ask for yearly net profit via tax return, i write off everything and show a loss bc i don’t want to pay taxes, but now my income is 0/year.. gotta figure that out somehow

2 years ago