????? Why is my name on this. I didn’t ask a question or need any of this information. I was just responding to the OP. I’m not advocating for anything just sharing experiences that have been shared with me recently. People like you lecturing needlessly make me feel like not bothering to share anything Call it what you like. Immigration where I go calls it a permit to stay based on retirement. And the regulations clearly say pension/unearned income. And unlike the LTR and now the DTV there’s no mention of being a remote worker. Some people will just prefer not to be in a grey area or go by what random people on the internet ‘think’ is ok.
the non imm from your own country is done electronically and takes 3 to 5 days max. If you have everything ready you can still do this once you sell. It does make it easier to get the bank account in Thailand for sure. Be careful on the advice being given about the transfer method as that’s not the same for every country. Some countries Thailand requires embassy verification of pension. Also be aware that once you’re here 180 days plus then Thailand will want to tax you on monies brought in that year so be very cognisaht of double taxation agreements
Nobody knows for sure about the extension as it hasn’t been tested yet. I do know people who’ve shifted from a retirement extension to the DTV but they did it by leaving for a period of time and applying with a contract signed within that period so no questions could be asked about working virtually while on retirement. I don’t know how that might work as a freelancer. And I know people who’ve applied via Vietnam while there on a tourist visa, returned to the Kingdom while the visa was under review and left the kingdom again to activate the visa on their return!
visa is what gets you in the country. Thus commonly misnamed retirement visa is actually an extension of stay based on retirement. Then we buy an exit entry visa on top. So that’s why some snarky nit picking people who are clearly bored with nothing to do love to jump on posts that mention annual retirement visa and say there’s no such thing…
a solution is to have several shareholders who don’t know each other. So nobody has a majority share but the shares add up to 51 per cent or more. The rest of the conditions still apply. It’s not easy to get a work permit this way.