You might need a conversation with your employer, to see if they are au fait with respect to Permanent Establishment as defined in the Thailand-Finland tax treaty. PE is about the risk of your company being required to pay corporation tax in Thailand as a result of activities you do (I don't know what your job is, or might become). Note, corporation tax is levied on companies with PE conducting business with Thai industry. For companies with PE but no Thai business, they still have to file accounts, or risk a fine of 5% of global revenues....... A company might have to seek legal advice, and they would be entitled to pass those costs onto the employee, unless there is a business need for you to be in Thailand. Some companies are also pursuing clauses to pay a local rate of pay, so significantly less than you are making now, although the cost of living is lower.
People are gaming ir. Since covid, some people have become entitled and think working remotely means working anywhere. A colleague wanted to locate to Poland. Fine, but he's now on Polish wages. The novelty of working in Thailand or European hours soon wears off. Europe means all your meetings are dinner time. US: meetings are at an unholy hour. There will be a lot of jobless people going for this visa, with a fake business and then end up working in the Thai black economy. Or worse.
But this visa is already attracting the unemployed with no obvious sources of income. I wonder if one way to tackle abuse of the system is to require proof that you are conforming to the conditions of the visa when re-entering Thailand; that you still have at least THB 500,000 in funds.
Predictably people are chipping in saying "perfectly safe". Yeah, no one is going to believe you are coming to Thailand for 5 years to further a cycling career, because its not true. A report that's a few year old, but largely still correct, despite another poster trying to blame the English.
I was referring to the fact that Thai roads are the second most dangerous in the world. Taiwan is supposed to be better as a base for professional cyclists (you are paid to cycle so you are not amateur). Plus why are you saying there are no cycle races in Thailand?
It should do, but on this group, I have seen lots of questions about how people can game the system wit fake bank balances, fake jobs, or signing up to ridiculous cookery courses. You say stealing bright minds from western nations. They are not. None of these so called bright minds will benefit Thai industry, because if they do, we'll they need a work permit for that. The revenue generated by the bright minds will go to the western nation, essentially at Thailands expense. It's almost Colonial, where British people worked in India, but hardly really for the betterment of India. I suspect many of these dtv holders will work to make sure they never pay a baht in Thai income tax. One result of an IT contractor living for less money in a developing country, is that he/she will undercut someone going for the same gig, but who wants his kids to have a decent education and not being afraid of being made destitute due to illness. And expats are not immigrants. See loads of them in the Middle East, 30, 40 years living in Kuwait, but never a Kuwaiti. I wouldn't be surprised if Thailand imposes quotas like they do for work permits. And there will always be a lingering suspicion that some DTV holders are taking work away from Thais, unless the government starts actively monitoring the activities of these foreigners.