Can the 500k proof of funds for the DTV be in liquid assets like index or mutual funds, or does it need to be in a bank account?

@Neil *****

wrong. That’s only if you don’t have the $80k income. Then you can prove $40k income and a $250k investment.

@Rob ********

it does. $250k investment. Wealthy Global citizen is $500k.

@Neil *****

doesn’t make much difference to me, since I easily meet all of them. Wealthy pensioner does not seem to require investment in Thailand, though it does require insurance.

@Rob ********

you’re confused. Wealthy pensioner does not have a net worth requirement. Wealthy global citizen has the net worth requirement. Both require an investment into Thailand.

@Neil *****

the wealthy pensioner visa requires over a million in assets, and $80k in passive income. Those can come from real estate, per everything I’ve read. I am living in Taiwan at the moment, my 5 year old son speaks both mandarin and English, and Taiwan is actually very nice, they don’t tax worldwide income, and unlike Thailand, you can get 90 day visas forever here. Though border runs do require flying somewhere, I love Okinawa anyways, and can find flights for $150. But my wife doesn’t like the education system here for my son as he goes into higher grades, so we are considering Thailand, Malaysia, or Italy. We will fly to Bangkok in September, on to Italy for three months, to look at the smaller towns we’d have to live in to qualify for the 7% tax regime, then back to Thailand in December. Fortunately with the new 2 month visa on arrival plus 30 day extension, we can spend 3 months in Thailand as well, to compare different places to live, and visit international schools. I’ve lived in Bangkok, Phuket and Chiangmai in the past.

@Rob ********

no it isn’t. It started in April 2022. There’s already a number of people on it.

@Rob ********

have you ever received an LTR visa using RE as proof of net worth? BOI did not accept that for a number of people who applied and even stated in a video that it needed to be liquid funds.

@Neil *****

they count it towards the 1 million in assets, and the rental income counts towards the $80k yearly needed. Maybe double that for my wife too.

@Rob ********

I wasn’t talking about you specifically. I meant “you” in the global terminology. But, the same also applies for LTR. They don’t care if you have 100 million in RE. They won’t count it.

@Neil *****

I am not doing dtv I am doing wealthy pensioner visa. And I always have around 30k usd in cash anyways.

@Rob ********

you cannot show property asset value to the Thai government as financial proof. They won’t use it. They want to see funds that are liquid. You can’t use 401k or IRA balances. Sometimes non-qualified accounts will work, but not always. If it’s not in a cash account, you can likely disregard it. I don’t disagree with you, but this is how the Thai government is. I’ve been living here awhile and I’m a high earner like you so I’ve been through the bureaucracy many times.

@Jon *********

your point that it is to handle emergencies or medical is moronic. Anybody who isn’t a total loser has far more credit available than that. Do you have a point here other than showing what a rude putz you are? FYI it’s less than $14k, which isn’t much money, though maybe it is to you.

@Sahil *******

maybe they can change the rules for you 5555