Answereda year ago
How can I write an employment contract for a DTV visa when I only pay myself dividends?
Hello guys I own a us llc and a UK LTD I want to apply for dtv visa how can I write myself an employment contract and is it important to get a salary? In the 6 years I own my business I never send myself a salary but just sometimes random amounts of dividends to myself could this be a problem? Is anyone here with a similar situation that got his dtv visa approved? Thank you in advance
Answer summary
The user is inquiring about writing an employment contract to apply for a Digital Nomad Visa (DTV) while owning a US LLC and a UK LTD. They question the necessity of a salary since they have primarily paid themselves dividends instead of a regular salary throughout their business ownership. Responses suggest that there is no minimum income requirement for the DTV, and business owners receiving dividends have successfully obtained the visa.
6 repliesnewest first
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James ********
Doubtful about your success in getting the DTV visa for Workcation.
Suggest you try to get it with a Soft Power activity.
Suggest you try to get it with a Soft Power activity.
Andi ***********
ChatGPT will sort the contract out for you. There is no minimum income requirement for the DTV, business owners in receipt of dividends have been approved for the DTV.
Marvin *****
OP@Andi **********
maybe I will just send my business account statement as it’s written in my name on the statements and the income is middle 6 figures in euros every yearAndi ***********
@Marvin ****
That's ok to send for proof of business but the 500k THB must be in a personal bank statement not a business account. You do need to send a letter detailing you are the owner and can work remotely in Thailand.Marvin *****
OP@Andi **********
I will leave Thailand next week and fly to Vietnam to apply for dtv visaMarvin *****
OP@Andi **********
okay thank youActivity
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