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Mark ********
This is a summary of
Mark ********
's contributions to the platform. They have posed 7 questions and added 111 comments.

QUESTIONS

COMMENTS

Mark *********
@Kool ******
Yes, that is what matters. Regardless of revenue I guess is the takeaway.
Mark *********
@Kool ******
You wouldn’t know that. But it’s inaccurate to say I’m ineligible because the company doesn’t have revenue. The business IS the investment.
Mark *********
@Kool ******
Right. But I am referring to your original comment which stated the income needs to be paid from revenue which is inaccurate.

Also, it is not an 80k monthly requirement as I understand it. It is a 960k annual requirement. This matters for eligibility as it can be Salary + Bonus.
Mark *********
@Kool ******
Sure. But again, this is not contingent on operational revenue - agree?

Taxes can still be paid on income paid from capital investment.
Mark *********
@Kool ******
Yes, I’m aware of the salary requirement.

Revenue can come from operations, it can also come from investment.

We don’t yet have revenue from operations. Still eligible to apply for PR however.
Mark *********
I guess #5 is the most important since it’s more rare to find experience.
Mark *********
@Josh *********
It was a formal lease as I was staying there for 2 months. But I would think they're one in the same. They just need a real looking, signed, addressed paper in their hands.
Mark *********
I opened one on Visa Exempt with just copy of lease + passport. I tried 3 banks, 3rd one was a charm - Krungsri @ Central.

Before you go the visa agent route - just spend a day going to as many locations as possible. Expect to hear ‘No’ many times but eventually someone will say yea. Make a day out of it.

Also maybe try non-foreigner locations like in Thai neighborhoods etc.
Mark *********
@Daniel ***********
As it was explained to me - If you’re not leaving the country and applying for additional visas and visa was granted by immigration, then ‘Extension of Stays’ are synonymous with getting the Non B