Taipei only requires to show current balance has the 500k baht (each) not an ongoing balance over time. Move money into your accounts to have the funds. Take the other balances as extra info if you want.

They will also look at your bank statement to see the income coming in to show you can support yourself.

Finally, you will want to write a letter from your company to describe what you do and that you work remotely.

@Rob ********

be careful... this advice is not accurate for every country. Some countries require citizens to pay taxes in their home country no matter where their residence is.

For example - US citizens pay federal income tax on global income no matter where they live. There are some exceptions, ways to avoid, and loop holes but this is the basic level for average citizens. If someone works for a US company then federal taxes will be withheld. If a US citizen works for a foreign company they are required to report foreign income as well.

Thailand is looking to implement new tax laws that tax income of foreigners staying longer than 180 days in a calendar year but the details aren't finalized on what income will be included, how to calculate, etc. Either way, Thailand and USA have a tax treaty that allows taxes paid to USA to offset the income taxes here. So if the Thai tax rate is higher then would sill likely need to pay, if Thai tax rate is lower then no payments but still need to file.

But once again, the details of the tax changes have not been finalized. It's kinda crazy that they might implement something that is based on previous year rather than future years.

Anonymous participant it was similar for me. They needed extra explanation what the documents were, then the supervisor looked them over.

For me, I had to go back the next morning to pay and pick up at 4pm.

You should be fine.

@Dean ****

September 5th I think

I had METV. Applied for and received the DTV with a sticker format (not e-visa).

When I entered Thailand they asked I'd I am changing visas and then put in my DTV information. Thus eliminating the METV.

I got mine in Taipei and only needed to prove current balance.

Agreed to apply in Taipei. Transfer funds into your personal account to prove the 500k. In Taipei office only need to show current balance for the 500k. Also need to show the income entering your account, work contract, invoices, letter from the company showing that you can work remotely, etc.

This is where I applied. They are good to work with but can get confused if paperwork isn't simple and exactly as they expect that is why I suggest transferring the funds into your personal account. 1) it will be in local language so no translation and 2) no confusion about ownership. I saw them question someone while I was there because confused about ownership.

@Alice *******

I'm also from USA and basically calling out his commentary lol

@Galenus *****

how is the tax situation different if they get the retirement visa??? Considering that is what the original post was asking about dtv vs retirement visa...

@Galenus *****

that is the same if they stay on the retirement visa... 😅😅 stay longer than 180 days on any visa (except one special ltr Visa I forgot the name)