Yes it's correct, the only people who are going to have issues opening a bank account are those arriving on tourist visas and exemptions. The current regulations that just came into play make it so even an agent can't get you an account on the DTV, TR and exemption. If you come on a non-... you should be able to open one without issue.

@Jack ***************

There is a massive influx of people leaving the US (for whatever reason) right now, which is causing price hikes. Couple that with massive inflation and currency fluctuations — and regardless of political views, politics also play a significant role in prices due especially right now due to uncertainty it is causing worldwide (not just caused by the US). However, the drastic price hike isn't not just affecting the US; it is also affecting Canada (albeit not nearly as drastically).

@Ryan *****

you should check your contract to see if it can be sub-let because if it can and you get caught your contract will get terminated and you will lose your deposit

@Gr**

most of Europe if not all of it (the UK included), America, Canada, Australia, and New Zealand all have centralised systems in place that contain denied and approved visa applications with all the evidence provided for applications, IO's from countries with these systems, if they want or feel the need can easily take a look at your application at the border on the computer with a few click of a button... And it will not be long before countries in Asia implement their own with some already probably doing it, if Singapore hasn't already done it. The entire visa process is now online... Have you stopped to think they didn't do this just to streamline the process, that maybe just maybe they're doing it to also implement a system like the countries mentioned above... I mean we don't really know, but I know where I would be putting my chips down if this was a casino...

@Gra***

some of us clearly stated the requirements to get it, will get more strict when the DTV was first announced, and that the extension process will require the exact same documents for remote workers with soft powers requiring at a minimum the exact same documents, another course if not more... you were one of the people who called bullshit and said those of us who were stating this was just scaremongering, but hey hoe, what do you know... we were right on both counts, why??? because of common sense 🙄🙄

If you want to believe that immigration will allow another visa to go unchecked and rampantly abused like the Non-ED or Volunteer was especially when you have utter donkeys all over closed and public Facebook DTV & Visa, page, Reddit and other forums openly bragging about how they got away with committing what is known as immigration fraud, and then going on to explain in great detail how others can commit immigration fraud, then more power to you, but it's very clear you've forgotten about the sheer amount of people who asked in here alone if they could get a loan or borrow the money and give it back to cover the financial requirements, or how about the visa agents that can now guarantee getting you the DTV in Cambodia and Laos... It's not even been a year and it's already very clear its the latest and greatest Non-ED/Vol. Common sense should be telling you border checks are going to get implemented eventually, Non-ED is a prime example, look how scrutinised those people who have it or had it are when coming through border control now...

@Graham *****

there's no requirement right now. However, just like I said when the DTV was introduced anf i was told i was scaremongering regarding extensions and how strict the requirements will be (which happened, see CW requirements for extension), these border checks are going to come sooner or later due to the sheer amount of people who will leave and re-enter thailand in a very short period around the 180 day mark because they can't meet the requirements.

The rampant abuse of the DTV is slowly turning it into the new Non-O ED/Volunteer, embassies have already released it was being abused and have tightened requirements and continue to tighten them. People will start to get heavily scrutinised at some point or another.

@Gregor *********

, according to KTB and KBank (who I bank with), this has been the case since the beginning of last year. The only update for them this year is to make it crystal clear that the DTV is not exempt from these rules and you are not able to open an account with them on the Destination Thailand Visa.

@Goel *******

, when you become a tax resident of a country, any money you bring into that country can be subject to tax regardless of how you brought it in.

Since you would leave and then return to Thailand each time with enough money to live and survive for six months at a time, that cash would need to be declared to customs each and every time you entered the country. So it wouldn't go unnoticed either.

Depends on your job and contract length. It will say in your WP when it's due for renewal.

Firstly you've given zero details or zero context... what type of business? Is it already established, and what about partners? The word is very open to interpretation... I have many partners, my wife is my partner, however i also have business partners...

2ndly asking for advice on something and then stating you don't want the potential negatives is completely absurd and makes this post even more pointless than it was with just point 1