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Todd ********
This is a summary of
Todd ********
's contributions to the platform. They have posed 2 questions and added 4738 comments.

QUESTIONS

COMMENTS

Todd *********
@Robert ***********
It's a 10 year residency visa for Thailand. Cost is only 50,000 baht for 10 years.
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Todd *********
@Bob *********
you asked the question. Now you have the answer. LTR it is if you value your time and money at all
Todd *********
@Don ********
have you received an LTR using capital gains as the income source?
Todd *********
@Bob *********
you mean show a screen shot of your income. Maybe. Non-O is Nonsense if you qualify for LTR. Unless you love wasting time and money
Todd *********
@Mark *******
you just listed all the reasons for ‘why not’. It’s absurd. Who would leave 800k in a bank acct doing nothing?

LTR ensures no tax on income outside the country. And it’s cheaper than a multi-entry non O-A. Plus no 90 day reporting, plus fast track at airports. Never see immigration or bank offices again.
Todd *********
No, I don’t believe so. capital gains are difficult to use in the equation as it’s a one off event. The income doesn’t need to be taxable. It just needs to be sustainable.

I think if you could demonstrate trading or similar that resulted in consistent income, you may be able to make a case. Reach out to the BOI either by phone or email and ask.
Todd *********
@Min *********
6 minutes minimum…

Maybe. Many require only an end balance. Some embassies require seasoning time of up to 6 months
Todd *********
yes, total waste of time. Ironic, considering that is what we pay travel agents to avoid
Todd *********
Anonymous participant it’s irrelevant. They don’t care. 500k or 5 million = same thing