Thailand's soon to launch Destination Thailand Visa (DTV)
- Thread starter blastah
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Well, think about those who recently paid the 900k 5-year Elite Visa to find out that you can now get basically the same deal for around 50k (with extensions. 10k if staying less than 6 months each time) for 5 years.
Many people are pissed off because of this. I know, by a Thai source, that TPC had summoned at lunch time today all agents that the company has an agreement with, to discuss the situation.
I know an easy fix for this mess.
They should announce tax free for life for all TPC card holders.
They should announce tax free for life for all TPC card holders.
It is what I told my contact who said would raise the topic... I'm sure they wouldn't have any issues to sell many visas at the current prices
interesting. for me, that is the only logical outcome.
And they dont have that many members anyway, with only like 40k of non-direct tax payers in a country of like 60m is a not significant cohort to exempt anyway esp since these likely can go elsewhere as well and already have paid quite a lot of "tax" upfront (much more than ltr's etc).
And they dont have that many members anyway, with only like 40k of non-direct tax payers in a country of like 60m is a not significant cohort to exempt anyway esp since these likely can go elsewhere as well and already have paid quite a lot of "tax" upfront (much more than ltr's etc).
Ok good to know, in case of the DTV is finally a trap. Look like is more faster now to get. What I heard in this forum + a friend of mine who bought it just before the price increase (600K),it was like few months waiting to get validated.
When you got the validation, is there a maximum deadline to enter again in Thailand? or you can go in like later in 2/3 months after got the TPC ?︀
When you got the validation, is there a maximum deadline to enter again in Thailand? or you can go in like later in 2/3 months after got the TPC ?︀
From the moment you receive the welcome letter, the time of your visa starts counting. That means you can enter 2︀ or 3 months later, but your visa will end 5 years after the welcome letter,︁ and you would be losing 2 or 3 months of the visa.
Once you receive︂ the welcome letter, you have to book the visa affixation 5 days in advance, which︃ is done at BKK airport upon arrival and is very easy and simple.
Once you receive︂ the welcome letter, you have to book the visa affixation 5 days in advance, which︃ is done at BKK airport upon arrival and is very easy and simple.
No taxes︃ because it's less than 180 days/year, as it clearly says. If you extend beyond this︄ period, you are becoming a tax resident, and they are discussing to soon introduce taxing︅ worldwide income at a probable rate of 35%.
Sorry, NOT for me..
Sorry, NOT for me..
Just saw the first post on other media of a guy who got the 5 y. DTV visa today, he applied with tax records and self-written letter about his (freelance?) business. Looks like it really started.
quite smart imo; I think the thought process was something like
'ok guys brainstorm time, whos trying to scape their countries while still having some money to spend here?'
et voila
'ok guys brainstorm time, whos trying to scape their countries while still having some money to spend here?'
et voila
Today someone has posted in the FB Elite Visa groups the same info I shared here, the he knows a person who attended yesterday to the meeting and the topic of the tax exemption was raised. Then,︀ this person in the FB group said that they are already in discussions about the︁ taxation with the cabinet.
I spoke to my contact and he confirmed that indeed TPC︂ will meet the cabinet regarding the tax exemption (and other topics) for the Privilege Visas.︃
This does not mean that they will grant it, let's see. But at least we︄ know they are considering it.
As it is Thailand, I could also expect that if︅ they granted the exemption, they would do it only for new visas leaving the rest︆ of us with old visas behind... Or create a new plan with a tax exemption...︇ Who knows what they might come up with.
I spoke to my contact and he confirmed that indeed TPC︂ will meet the cabinet regarding the tax exemption (and other topics) for the Privilege Visas.︃
This does not mean that they will grant it, let's see. But at least we︄ know they are considering it.
As it is Thailand, I could also expect that if︅ they granted the exemption, they would do it only for new visas leaving the rest︆ of us with old visas behind... Or create a new plan with a tax exemption...︇ Who knows what they might come up with.
I bet they will grant it 😉.
Its only 40k︃ members. Even less than 0.1% of the population. And its assumed this group is sophisticated︄ enough to not having to pay anyway.
And this group pays much more in VAT︅ than non-existing income on an income tax.
The good thing is as its Thailand at︆ the end of the day, it doesnt matter much anyway
😉
An acceptable alternative: A 5y︇ timer to express / priority citizenship (dual one of course). Would be bad for kids︈ due to military but there solutions can be found as well.
Its only 40k︃ members. Even less than 0.1% of the population. And its assumed this group is sophisticated︄ enough to not having to pay anyway.
And this group pays much more in VAT︅ than non-existing income on an income tax.
The good thing is as its Thailand at︆ the end of the day, it doesnt matter much anyway
😉
An acceptable alternative: A 5y︇ timer to express / priority citizenship (dual one of course). Would be bad for kids︈ due to military but there solutions can be found as well.
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