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.
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.
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.
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.
he's asking whether the Spanish Consulate in Thailand will take only take visa applications from those with residency in Thailand, as it isn't clear if DTV would be considered enough to be considered a resident for that consulate. Legitimate question. It isn't unusual for consulates for countries to only take visa applications from residents of the consular area.
Not considered income if the source of funds is: inheritance, gift, selling possessions (generally not considered income in most countries), and in some countries, alimony payments, child support payments, healthcare benefits, among other categories.
USD or GBP saved in your bank account prior to 2024, how is that considered taxable income, if you accumulated that prior to
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/24? Especially if the savings was not in an interest-earning account, but rather in a checking or current account that did not earn any interest, and is purely unspent money (principal)?