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. π
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.
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. π
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. π
thank you for the heads-up! I'll make sure to print all I got. Not much, it's a new company. I assume in the end it will fail because I don't even have 6 months of bank statements. π€£
Your passport and country of residence are irrelevant in that case.
You have to apply in the country that you are currently in.
But check with the local Thai Embassy if that is possible because in some countries you cannot apply if you are not a permanent resident. Others to do allow it.
For example: my passport is from Germany and my country of residence is Ireland but I am in Taiwan as a tourist. I am allowed to and will apply at the Thai Embassy in Taipei next week.