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Todd ********
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Todd ********
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QUESTIONS

COMMENTS

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
Todd *********
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
Todd *********
Just get Thai Privilege Visa. Far more simple process, and you don’t need to constantly go in and out or renew
Todd *********
@Tore ********
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
Todd *********
@Tony *****
‘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’.