@Ručman **********

so is the "Thai Privilege" (previously called Thai Elite) visa. But I have 2 bank accounts...

You basically can't rely on anything or anyone in Thailand but I think this visa will stick around. The requirements may change though

Perhaps they'll conveniently ignore your age if you earn 10k a month...

@Greg *******

oh God, OK. Well, good to know. The whole system in Thailand is based on everything being "on a whim" really. That's my impression anyway. If you have put down roots here, I would prefer to have as much security as possible. I have a Thai Privilege visa (when it was called Elite and wasn't quite as expensive as it is today). But it runs out at the beginning of 2026 so I am already on the lookout for something else. In the meantime, I have married a Thai, so I could get a visa based on marriage. But it's good to find out about every option. That's why I'm in this group.

@Greg *******

oh really? I'm surprised. OK

@Greg *******

but once a 5-year visa is affixed in your passport with an expiry date, that's it. They won't revoke it.

@Sefton *******

yes 👍 but honestly, Thai tax authorities are unlikely to find out about anything unless someone volunteers that information. But it's not a good idea to hide it in the long run. They might use it against them in the future should they ever find out.

@Sefton *******

ah, the question mentions getting income from it, ok. Then the person meant renting it out to someone. If you buy and sell it and earn money, they would also have to pay something like capital gains tax (transfer tax or whatever it's called). Ok, I understand now.

@Sefton *******

but the original question was renting a condo, not renting it OUT (i.e. letting it to someone). That's my interpretation of the question anyway. Of course if you earn income from it, you'd have to pay local taxes. That's clear.

@Oleg ************

you pay taxes if you're in Thailand for more than six months a year. That has nothing to do with renting an apartment