Yes, I am reading the same. They are busy identifying "mule" accounts, these are accounts that have suspicious transactions or lack of and transactions. They are looking for money laundering accounts and nominee company accounts. Any account which is suspicious will be suspended by order of the gov. If you own a house in company name, they are looking for you. 4

must be in Thai bank. after u get the visa, you can withdraw 400k after 3 months, but it must be back at 800k 3 months before you apply for renewal.

@Fred *************

until you have one, you don't have one! "IF"

if your visa is turned down you will not be classified as a resident, what is the problem?

@Marty ********

Essential that's what i meant, for me I would have to change asset classes and that would result in a large drop in income for me.

if over 50 you can put 800k in a thai bank or LTR which is very expensive. You will now have to pay income to subject to allowances and DTA. Many people plan to leave.

I'll do it for 1000 baht, pay in advance.

@Bob *********

Theses are going to be real problems when people claim to be not in country for less than 180 days

you can only pay the fine to immigration if you go to their office. If you get "caught" elsewhere it's a different kettle of fish.

see if there is a visa agent handy.