Answereda year ago
Do I need to show regular payments to myself from my business for a visa in Thailand?
Hi guys,
I have an online business that grossed around €50k in revenue but most of that was put back into the business rather than paying myself apart from in dribs and drabs.
Do I need to be seen paying myself on a regular basis or will the business turnover be enough. Also, I have multiples of the B500k in my personal current/ savings accounts so hopefully that will appease them.
Thanks
I have an online business that grossed around €50k in revenue but most of that was put back into the business rather than paying myself apart from in dribs and drabs.
Do I need to be seen paying myself on a regular basis or will the business turnover be enough. Also, I have multiples of the B500k in my personal current/ savings accounts so hopefully that will appease them.
Thanks
Answer summary
The main requirement for your Thai visa is having a personal bank account with at least 500,000 THB (or equivalent) for a period of 3-6 months. Regular income from your business is not mandatory, and having multiple accounts with this amount does not strengthen your case; a single account suffices. If asked for proof of payment to yourself, providing past tax returns or any records showing business transactions may be necessary.
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Anonymous ******************
Send them the dribs and drabs. They may ask you for your last tax return. Happened to me. I didn’t understand that they were asking me to see proof of my business paying me. When I sent them the wrong thing, they asked for my last tax return. I got approved 2 days later.
Michael ****************
I’m going to say this again. Use ChatGPT. Most of these people don’t know what they’re talking about and they’re going to steer you wrong
Jordi *******
@Michael ***************
chatgpt has been documented as being horribly wrong and contradicting itself. Check the government documentation is the only viable way, and even then it changes to the point of immigration what rules they enforce..
Anonymous ******************
@Michael ***************
neither does ChatGPT most of the times. I would say consult the official website with official information
Anna *********
There is no income requirement but you must have the 500,000 THB or equivalent in a current  personal account
Nick *******
You will be fine! You meet the requirements
John *********
Multiple 500k’s doesn’t make any difference just one savings account showing B500k or equivalent currency 3-6 months statement’s depending on embassy/consulate business doesn’t have to pay you, just that it’s a legitimate business and you are not doing any work with Thai companies or individuals
Johan **************
There is no income requirement so you dont have to proof regular income. However you do need the 500k baht in your personal bank account, not on a business bank account.
Michael ****************
@Johan *************
Not true in the slightest. I got in on a business account. You just have to prove you have full ownership of the bank account
Tammi *****
How long has the business been in operations?
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