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foreign business ownership
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I'm planning to apply for the DTV Visa and I'm currently building my online coaching business.
I’m thinking about setting up an LLC soon — does anyone know if it's still possible to do the DTV if I create an LLC, even though I'm not earning any money yet?
Would love to hear your experiences! Thank you so much 💖
Hey everyone, I wanted to share the good news that my Digital Nomad Visa (DTV) application was approved! I run a small agency and own an LLC. Here's what I submitted for my application (filed on October 28th - approved on 14th November) in case it helps anyone:
1. Cover Letter: A clear explanation of all the documents I included and my intentions for applying for the DTV.
2. Identification: Passport, U.S. Driver's License, and a photo (self-taken with a whitened background).
3. Business Documents: Articles of Organization (proof of LLC).
EIN documentation.
My resume.
Screenshot of my company website.
4. Bank Information:
I transferred $16,000 from my business account to my personal account the same day. I provided: A screenshot showing the balance in my personal account (current date).
A recent Chase statement showing my name and account number (since the Chase balance screenshot didn’t include my name).
Note: I didn’t include transaction details, just the account balance.
5. Proof of Income: A business income statement showing deposits into my business account (dated 3 months back).
6. Application: I provided them with my Condo unit address (in Bangkok) and any flight number I could find leaving the US to Bangkok. Was not asked to show further proof. The fee was $400 USD.
After waiting 2 weeks, I emailed them for a follow-up this morning at 10:30 am (the 14th of November), and at 4:30 pm I received an email with the approval.
I did leave Thailand on October 14th with an ED visa that expired on the 14th of October. I was told that I didn't need to cancel it (by immigration) so I didn't. This is proof that you may not need to cancel your ED visa before obtaining the DTV.
I hope this breakdown is helpful to anyone applying or considering it. If you have questions, feel free to ask! 😊
Hey guys, I’m interested to move to Thailand and do some business there. Can anyone suggest the easiest and quickest way to do so. Also how much investment do I need to show if I’m planning to take this business visa route. Thanks in advance.
Hello! I am seeking advice on what professional activity can be done with an O Visa and if it is possible to start a company in Thailand with this Visa O, and any ways to start it without the 3M thb requirement for foreigners? I used to hold F Visa before. I would appreciate any advice or reference to reliable lawyers that could help.