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.
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.
Anonymous participant the Muay Thai use is totally correct. And you don’t need to prove income at all. Just have the 500k in the bank. And perhaps a cover letter to accompany. No requirement for employment income. But Thai privilege is definitely a great visa for under 50. Also make sure that you don’t qualify for an LTR visa. It’s by far the best option
that’s for sure, it’s dirt cheap compared to USA. And not even close to ‘on par’ with Germany and Northern Europe. Think about it in simple terms. Is real estate cheaper in Thailand? Constriction costs? Labour? Wages for medical staff? All cheaper. And so is the medical care. It’s cheap!
Yes, like any country, you have to look around a bit for quality.
Are India, Indonesia and a few other cheaper? Likely so. But I’m not going to India for medical care either
‘it’s free’ 😂😂😂😂Umm no, it’s most definitely not. It’s taxpayer funded. Over administered. And very dysfunctional. If you want quality care, best choose elsewhere. But if ‘free’ is critical, just stay home
Yes, I have. Ans suspect you haven’t. And it’s astoundingly cheap in Thailand compared to almost every nation. And I’m ’on a pension’.