Anonieme deelnemer my guess is as good as yours in this.
Thai authorities want to be sure you have enough income to support yourself when staying in Thailand, you won’t (need to) work illegal in Thailand and you have savings (the 500,000 THB) to cover unexpected expenses (car accident, health issues,…).
So depending on how much profit you have already made, and which country you come from, it might work. The stronger your case, the higher your chances will be.
you don’t need an employment contract if it’s your own business.
In my case, the (yearly) tax return and the balance sheet of my company was enough to prove my business is legit, profitable and that I’m the only shareholder. There is no employment contract and no personal, regular income.
I did include a portfolio explaining which business I’m doing through my company and why I can do it remotely.
To the OP; one quarter isn’t enough. Tax returns of the previous year, your balance sheet and a personal bank account with a balance of the equivalent of 500,000 THB should do it. Together with your portfolio explaining what you do.
The rejections can be for multiple reasons; your travel history to Thailand, insufficient funds, lack of authenticity of the documents you provided,…
1. 10,000 THB for the visa + processing fee which depends on the embassy you use. Belgium was 350,- euro in total which is about 13,000 THB.
2. The renewal is not due every 6 months, but on each entry you are allowed to stay 180 days. So if you would make a trip outside Thailand after 4 months, you get again 180 days when entering Thailand.
And each entry can be extended once for 180 days inside Thailand, at a cost of 1,900 THB, but apparently they don’t make this easy.
3. I’m curious myself how they will deal with this. First DTV’s are now 1 year old so I wonder if we will see more scrutiny on those entering with a “soft power DTV”. In your case, I would start with those 6 months and follow groups like this to see how it evolves.
Extra; don’t forget the 90 day report when you stay in Thailand for 90 consecutive days.
If you intend to live in Thailand for several years, you are +50 and don’t do remote work, then I would consider the “retirement” visa.
No, I added these documents to the portfolio and combined it to 1 pdf; introduction page about who I am, what I do and why I think the DTV would be perfect for me. Next bank statements of a savings account on my personal name, the tax receipt of my company as proof of my income (high enough to afford living in Thailand) and proof I'm the only shareholder, title deed of my condo, certificate of residence in Belgium, copy of passport and -I think- also a certificate of good behaviour (no criminal records).
- I had the equivalent of more then 500,000 THB on a savings account for +6 months.
- my activities are done through my company which had tax receipts for several years.
- I had made a portfolio explaining what I do and why I can do it remotely. Also mentioned that I travel between Belgium and Thailand and want to continue like this. No interest in moving to Thailand permanently.
- I have a history of visits to Thailand, 2 to 3 times a year, each time between 1 and 3 months. Never overstayed, no “abuse” of visa exemptions, usually applied for an (ME)TV.
- I also have a property in Phuket, but that shouldn’t make a difference.
Anonieme deelnemer thx for the reply. And for a very small fee of 3,000 THB I can understand you don’t want to spend time in a bank.
I’m in a similar situation. Used to spend 4-6 months a year on Tourist Exemption/TV/METV in Thailand. But when I bought my first condo with a foreign freehold title, I opened a Thai bank account. With the correct documents, it only took 1-2 hours.
Since October I have switched to DTV (workation), but no issues with my Thai bank account.
Anonieme deelnemer as a property owner it’s no problem to have a Thai bank account. Just visit the branch where you opened your account and ask them to check everything is okay.
If for example your Thai phone number is not registered on exactly the same name as your bank account, then that might be a reason to block your account as well.
Make sure it’s the same branch as where you opened the account. Another branch often won’t/can’t help you.
Anonieme deelnemer without an official address in Thailand, you can’t open a bank account. So that residence certificate shows you have an official address here.
Together with a 1-year rental contract, it will improve your chances.