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Answered2 years ago

Can stock traders apply for the new DTV visa in Thailand?

Raph *******
asked Jul 29, 2024
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Hey guys , do you know as a stock trader/investor if we can apply to the new DTV visa and get accepted ? Anyone who tried ?

Thanks a lot 🙂
Answer summary
This post explores whether stock traders and investors can apply for the new Digital Nomad Visa (DTV) in Thailand. Users shared their experiences and concerns regarding qualifying for the visa based on their trading activities and business structures. Key points include the need for proof of remote work, bank statements, and business documents for applicants, as well as the importance of demonstrating a legitimate income source.
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Colin ********
Colin ********
How do you apply
Deegan ************
Deegan ************
@Colin *******
The Thai E-visa site
Colin ********
Colin ********
@Deegan ***********
what's the best way to apply for this to get approval without any hitches I have my own ltd company is this possible
Colin ********
Colin ********
Planning on using it for what reason
Colin ********
Colin ********
Deegan ************
Deegan ************
@Colin *******
not if you don't have a remote job and are planning on using your business
Colin ********
Colin ********
@Deegan ***********
do I need a contract from a employer
Deegan ************
Deegan ************
@Colin *******
ok, then get everything together and apply
Colin ********
Colin ********
@Deegan ***********
I have all my business documents
Deegan ************
Deegan ************
@Colin *******
or all your business documents
Deegan ************
Deegan ************
@Colin *******
your employer
Colin ********
Colin ********
@Deegan ***********
what contract from client does it need to be in Thailand
Deegan ************
Deegan ************
Deegan ************
Deegan ************
@Colin *******
I haven't applied yet, but seen a post yesterday from a lady who got hers. She applied right through the site, all your business documents have to be in order , bank information, drivers license, address in your home country. Just get on the website and follow the instructions. Also tells you everything you will need to submit.
Colin ********
Colin ********
Aaron *******
Aaron *******
What about crypto. 😊
Andre *********
Andre *********
You need a letter from your employer, stating that your work is remote. I am not sure how this would work if you are self-employed And able to work remotely 
Angelo ***********
Angelo ***********
@Andre ********
Via showing his tax declarations/tax returns from the previous years.
Deegan ************
Deegan ************
I've been also wondering about that. I buy and sell stock options. I was going to email the embassy and imagination to see.
Raph *******
Raph *******
OP
@Deegan ***********
yeah not very specific .. I emailed my embassy but I got no answer yet
Nicolas *************
Nicolas *************
So they replied to me via FB messages. Short answer and not very specific:

"For digital nomad, you just have to show us what you do."

I also asked how long we have to show the 500k THB has been in an account, and they answered "3-6 months bank statement". Which is also not very specific...
Raph *******
Raph *******
OP
@Deegan ***********
I emailed them too , could you please update me if they answer you ? Thanks
Raph *******
Raph *******
OP
Thanks man
Nicolas *************
Nicolas *************
@Raph ******
Same here, I emailed and also FB messaged the Vientiane Embassy about this (and other questions). Not sure if I'll get any answer in a timely manner, but will update here if I do.
Jack ****************
Jack ****************
Parasites
Nicolas *************
Nicolas *************
@Jack ***************
You should get that checked, Jack.
Jack ****************
Jack ****************
@Nicolas ************
probably, but it's nothing that a mob with torches and pitchforks won't cure.
Tore *********
Tore *********
@Jack ***************
yes, take your meds
Duncan *******
Duncan *******
Do you trade as an individual or do you have a LLC or similar setup? If the latter, the LLC would be your employer.
Raph *******
Raph *******
OP
@Duncan ******
I trade as an individual, thanks for your comment
Andy *******
Andy *******
If you are just a retail platform trader I doubt it..a professional trader with a proven record working at some of the main trading banks or investment companies yes that would work..but knowing Thailand anythings possible..
Raph *******
Raph *******
OP
@Andy ******
yes retail, thanks for your comment
Michael *********
Michael *********
@Anthony *********
. To follow.
Eric *******
Eric *******
I have an online pocket knife retail/drop shipping business that hasn’t made a tax return yet. It also doesn’t make any money but looks legitimate and has YouTube channel as well does this qualify as remote work?
Raph *******
Raph *******
OP
@Eric ******
I have no idea man .. technically they don’t ask you a proof of how much you’re making so ..
Raph *******
Raph *******
OP
You should try to send what you think is the most relevant and then if they need they will ask you for more papers I think. Just don’t send them links to your website. They will not accept it, only pdf or documents
Raph *******
Raph *******
OP
Why are u stuck at portfolio part ?
Raph *******
Raph *******
OP
@Yoni ***
yes that sucks I heard the embassy in Paris is terrible , I’ll try to call them tomorrow but as I saw they don’t answer to calls too
Yoni ****
Yoni ****
@Raph ******
the same here, especially since the Paris embassy is not cool.. Two years ago they refused me a tourist visa because the expiration date was hard to see on the passport scan, I didn't even have the option to upload another one and I lost 40 euros, I don't want to lose 350 this time. Also the one in Paris announces 1 month of processing while the others take a week and the others also answer emails in less than 48 hours. In short, it's annoying.
Raph *******
Raph *******
OP
@Yoni ***
I’m stuck at the payment process lol I’m scared to pay and get declined actually. Because they don’t really say if trader are remote workers for them and how to prove it because it’s not really clear
Yoni ****
Yoni ****
@Raph ******
I don't know what they want exactly, I'm an entrepreneur, I have shops etc but I'm afraid they won't understand, I also do freelance work as a dev but what do they mean by portfolio? A screenshot of a Fiverr / Upwork profile? Anyway, if you have a lead, I'm interested :)
Raph *******
Raph *******
OP
@Yoni ***
Yes from Paris but they don’t reply to me either
Robert *****
Robert *****
@Raph ******
here in Los Angeles they don’t ask about a tax return. Just the 500,000 in your local bank. Not a Thai bank
Yoni ****
Yoni ****
@Raph ******
did you apply in France ? I started doing it but I am stuck at the portfolio part and I can't contact them as they don't answer phone or email.
Raph *******
Raph *******
OP
@Robert ****
yes exactly same here in France, same requirements everywhere I think
Eric *******
Eric *******
@Raph ******
on the website the dtv has a selector box for how much you make annually
Raph *******
Raph *******
OP
@Eric ******
yes but I’m not sure this is a requirement or if they really consider this, if you make 20k or 200k annually you still have a business and have 500k Thai baths that’s all they ask.
Us *****
Us *****
I am in the same boat. Please let me know if my trading portfolio would do?
Raph *******
Raph *******
OP
@Us ****
Sure I’ll let you know if I have any update on this

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