Good question for discussion. It depends on how you want to leverage the value of your forever condo. They don’t tend to appreciate in traditional ways like a real estate corporation being a part of a REIT or appreciation over time due to volume and occupancy.

You might want to research an bank that has an portfolio that offers mortgages on international commodities that leverages leans and deeds in Thailand. It’s a niche so if you discover that there is a gap and a market, you might find yourself with a entrepreneurial opportunity for products and services for those that want to leverage the value of their residential Thai investments 🏢 #EnjoyTheJourney

The application process is simple and easy. Most of the work you is getting your documents and uploading them. Took me a single morning to complete the process.

Thanks for sharing 🙏🏽 #AnotherSuccessfulDTV

I used the summary page of my bank statements and highlighted the total ⏺️ #EasyButton

@Rumi *****************

I recommend Cambodia if that’s an option for you. It takes 10 days to get approved via eVisa. They are very responsive

โทมัส ทอม เฟรย์ exactly 🙏🏽 Thank you!

@Urs *******

correct. one would have to ‘file’ Thai tax documents. How much one would pay or not pay depends on the tax strategy, structure/type of income, and DTA. One can file and not pay depending on their tax strategy 😃 #DetailsMatter

@Urs *******

it’s easy to understand and so is the opposite. Some people are on a DTV and don’t stay for 180 days 😃 #DetailsMatter

@Urs *******

Article 21 of the US-Thailand Tax Treaty states otherwise (along with several Thai tax attorneys). One would have to be a ‘tax resident’ of Thailand to be taxed on a USG pension in Thailand #DetailsMatter

@Urs *******

depends on what country you’re from and who is paying out the pension. If you’re from the USA and your pension is from an US government agency or department, the Thai government has an exemption for that. They don’t tax government pensions.