Can you be successful with a DTV visa as an online stock trader in Thailand?

@Neil *****

it’s not ‘fraud’ at all. It’s the system they have put in place. And yes - it will promote longer stays and more online ‘workers’. It’s immigration without the government needing to give handouts or support them in the way western countries foolishly handle immigration.

The visa holders will inject money into the local economy at no real impact to the state. They will thrive or be forced to head home. It’s an interesting visa that I would guess works out well for the Thai govt and will be the most applied for visa this country has ever had. It’s an astonishingly low threshold for a what is basically a five year residency visa. The floodgates are open

@Neil *****

i think all they want are people there spending money and all they really care about is that they have enough income to live, savings to cover emergencies, and dont take local jobs. hence the easy and vague requirements.

@Sam ********

they aren’t verifying income for DTV. You can literally have zero income. It’s not a requirement. The only financial requirement is the 500k in a cash account.

Retirement visa. 1 year. Income requirement.

LTR 10 years. Income requirement.

DTV. 5 years. No income requirement.

@Neil *****

The target is primarily the Digi nomad crowd mid 20s-40s hence the low requirements. The income requirement would deter many of them.

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

let’s stop saying “income requirement”. There is no income requirement. The financial requirement is 500k in a cash account. Someone who is unemployed with no income with a YouTube channel or instagram page and 500k has met the requirements.

@Neil *****

Exactly, there is no income requirement to get as many in as possible.

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

I get that you guys who got or are after a DTV feel like everyone should be able to just come and live here, but surely you spent 5 minutes realizing the unintended consequences and ramifications? Do you not find it a bit odd that retirees who actually have verifiable income as well as high earning employees on LTR have to prove their actual income to stay here and DTV holders do not? I’m really just waiting for someone to admit what nobody wants to admit.

@Neil *****

I do not think anyone should come in but the rules are the rules. Likely DTV holders will face stricter measures, it is not even 2 months old.