@Yo***

maybe but what percent of rentals are currently owned by foreigners vs Thai? Unless it is a very high percent which I doubt then nothing much will change.

@Jeremy *******

well ltr is explicitly tax exempt (except the worker one which is capped at 17%)

If you were talking about transferring your money to Wise, before you get the non o visa from outside the country, do not do that. It does not count as a bank and will not be accepted. Get the visa with money evidence from your foreign account. Then enter Thailand with the visa. Get a phone number most modern phones will take more than one eSIM at a time and plans with the phone number are pretty cheap and you definitely need a number, immigration has asked for it as well. Once once you have the phone number, long-term visa, and rental paperwork you can go get a bank account, which you need to do right away because you need two months of money in it. You can use whatever you want to transfer the money, though as said above, Wise has the best rates. Once that’s done, and your money has sat for two months, and you have 30 days or fewer left on your initial 90 day visa, you can go get a one year extension

@Wayne ******

you can but why would you want to when it’s completely free to fill it out online and then not have to go spend 10 minutes filling it out by hand

@Steven ******

passive income is for the ltr visa.

@Cathryn ****

ltr the wp option

@Darren ****

not for the first year. The US won’t certify pensions, etc..

How old are you? If you’re over 50, and you can scrape together ฿800,000, a retirement visa is probably your best bet. You can apply for a non o in your home country. It’s good for 90 days. Once you arrive, you put ฿800,000 in a bank account in Thailand, which you can open because you have your long-term visa. And then once the money has been in the account for two months you apply for a one year extension.

Alternatively, if you have $80,000 in passive income per year and you are over 50, a long-term resident wealthy pensioner visa is also very good.

@Alan ************

that is considered living in Thailand.

You each need ฿800,000. After the first year you can switch to depositing ฿65,000 a month in your account.