Anonymous participant Thank you so much for summarizing all this! <3

Anonymous participant Well now I'm worried about the bank statements. 😃

My company is newly founded. My plan was to pay myself the 500k THB as my first salary so that it's in the account. But it wouldn't be there for 6+ months. meh

Entry stamp in your passport seems to work, bank statements, bills, anything with your name and address on it. But it depends on the embassy. It's best to email and ask to avoid running into trouble. 🙂

@Flemming *******

I know, it's different compared to Europe (assuming we're coming from the some corner of the world - sorry if wrong).

But you still get something. The tax is just put into other areas than we would hope it was. 🙂

I'm not saying the state of it is great but we do get something in return.

If you want all that, Thailand might be the wrong country. I can recommend Germany. Tax goes into those three areas quite heavily. 🙂

@Andy ***********

So, you are suggesting tax evasion then? Technically you'd have to pay tax on that cash too. Doesn't matter how the money enters the Kingdom. If you stay more than 183 days, you have to pay.

Just leaving that comment for others here. To each their own, but please be aware of the law and tax regulations and know what you are getting yourself into. 🙂

It's important to note that the DTV and the tax liability don't have anything to do with each other directly.

You can have DTV and not pay tax.

You might have to pay tax without a DTV.

The tax depends on you being a tax resident, which is defined as being in the Kingdom for more than 180 days in a given year, independent of the visa.

The Thai bank account doesn't matter either. No matter how you bring money into the Kingdom, if you stay for 180 days or more, you're liable to pay tax on that.

Hope that clarifies it a bit. 🙂

@Greg *******

Yeah, that's the important bit which makes a huge difference. 😃

@Flemming *******

You get absolutely nothing in return?

@Kayleigh ***************

I just wonder how thoes differences exist. Others walked in with 10 pages of paper and were fine. 😃

Did they request all that from you? 🙁

@Kayleigh ***************

I wouldn't be able to since it's a new company and just one payment has been made since then. It exceeds the requirement amount by far but it's not a regular one. 😃

I sent them an email and they said it's fine, it's just about the current balance. Soooo... curious to see how it'll pan out when I actually apply. 😃