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foreign income
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This page displays all the results for the foreign income tag, sorted by the most recent activity. There are a total of 27 questions that have been tagged with foreign income. Explore the questions to find discussions and information relevant to this topic.
Just got my DTV approved. Despite what I imagine was a somewhat unusual situation (applying from Brazil as a US citizen with a Hong Kong permanent address and a Hong Kong joint bank account listing my partner's name alongside mine), I was approved without a request for additional documents. I applied via the soft power route and was approved in 8 working days.
I have no idea whether any of this helped, but here's what I did beyond the minimum requirements to strengthen my application:
* I signed up for a 9-month course with Fitfac Muaythai in Bangkok. They're not the cheapest, but they were very responsive (even over the weekend) and I suspect having the documentation indicate a 9-month course would add credibility and make it easier to extend the DTV in 6 months.
* I applied using bank statements from a joint account that had over twice the minimum balance (i.e. one million THB). I figured if there were any questions about using a joint account, I would be able to argue that I was legally entitled to the minimum funds required for the DTV, even if half of my bank balance were considered to belong to my partner.
* I detailed my recent visa and travel history to Thailand (dates, ports of entry, visa number and work permit number, etc). The purpose of this was to build trust by demonstrating that I've always played by the rules during my time in Thailand.
* I wrote a detailed cover letter explaining all of the above, why I was applying from Brazil, and my interest in the DTV. I tried to anticipate and address any questions. I attached the letter to the course registration documents provided by Fitfac.
* I dressed professionally for the photo and used formal language and formatting in the cover letter. The goal here was to make myself look as bland and predictable as possible.
Hope this helps. Good luck to all who are applying!
Hi, ChatGPT says that income from remote work from Thailand for foreign clients has to be fully taxed in Thailand (no matter if remitted or not). Is it true?
My partner and I live in Australia and are thinking of buying property in Thailand in the near future. Loan of ~1.5 million baht over 15 years.
She’s a Thai national… can standard Thai banks offer her a mortgage based on her Australian income, or is it a more complex process with extra steps or broker involved?
This is maybe a stretch, but I wonder if this is an option. Maybe the group can advise?
I’m a professional musician, performing several international tours per year (never in Thailand). This is my sole income, and my tax is paid in the UK (British citizen).
The time between tours is creative time.
This is time that I would like to spend in Thailand, and thus travel to work occasionally for a tour.
Could I be regarded as a ‘remote worker’, given that the time in Thailand is spent creatively, though the resulting income is made overseas?
Basically, I was wondering, if these professional criteria fulfill the requirements in obtaining a DTV in that regard.
Stupid question maybe, but if you’re closing deals and getting money sent to you while you’re in Thailand, this is all okay as long as you’re on DTV visa or getting paid in your western countries bank account? What’s considered working in Thailand Vs not?
Let’s at you sell products online or subscriptions to courses.