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Pui ****
This is a summary of
Pui ****
's contributions to the platform. They have posed 15 questions and added 495 comments.

QUESTIONS

COMMENTS

Pui *****
The multiple entry tourist visa grants 60 stays during the 6 month validity period of the visa, meaning you can come and go multiple times and be granted a new 60 day stay each time you enter. Each entry can also be extended at immigration to get an extra 30 days. So if you enter on the last day the visa is valid till, you will still get stamped in for 60 days, which if extended to get the additional 30 days, means you can get 9 months out of that visa.
Pui *****
@Gregg ********
since immigration has gotten much more strict about back to back entries especially after you've gotten an extension, having an actual multiple entry visa helps reduce your chance of being denied compared to visa exempt entries.
Pui *****
@Gregg ********
assuming you mean the multiple entry tourist visa, the visa is valid for repeated entries during the 6 month validity period, but only grants a 60 day stay per each entry. You can extend each entry one time for 30 more days, granting a maximum of 90 days per stay with the extension before you must leave, and return to activate a new 60 day period. This is why people are telling you that you would never need to do a 90 day report as your stay would never exceed that period.
Pui *****
@Gary ******
I don't think you understand my point. $100K USD is less than what wealthy individuals must keep in their current account just as an everyday expense account, since it isn't weird for them to go through close that much every month or two. It is the equivalent of how a middle class person might normally have $8000K in their bank account to pay that month's mortgage or rent, car payment, bills and living expenses. For wealthy people (and I know quite a few), monthly expenses can be well over $75K a month, so having $100K in the account is not even slightly unusual since no one draws accounts down to zero unless they are low on money. Since monthly expenses may vary by tens of thousands of dollars, it isn't strange to keep such a balance.
Pui *****
@Gary ******
I am sure many people who would consider applying in the wealthy global citizen category are multi-millionaires who would never let their bank account balance fall below $100K or even $1 million. You don't think people with money keep that amount simply as everyday balance for expenses? Lots of wealthier people spend close to that $100K within a couple of months. There are plenty of interest-producing accounts they might have the money in that would meet BOI's requirements.
Pui *****
@William ********
it includes the amount you must invest into Thailand. I specifically asked BOI this question. Also for the qualifying assets, this is from the LTR website: "Evidence of global asset ownership of no less than 1 million USD (cryptocurrencies, tokens, gold futures, amulets, arts, designer items, watches and jewelry are NOT accepted)

Note: Documents must be in Thai or English only, translated documents must be notarized"

BOI is more than capable of doing currency conversion for assets. I don't know how they value assets that might change value frequently.
Pui *****
@John *********
The health insurance requirement is waived if the applicant has deposited and maintained at least USD 100,000 in bank account balance under the applicant’s name during the past 12 months. Which almost any LTR Wealthy Global Citizen would have.
Pui *****
@Alex ******
The health insurance requirement is waived if the applicant has deposited and maintained at least USD 100,000 in bank account balance under the applicant’s name during the past 12 months. Which almost any LTR Wealthy Global Citizen would have.