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Thailand introduces Destination visa for remote workers: Details here | Personal Finance



Great news for remote workers and digital nomads dreaming of living and working legally in Thailand! The “Land of Smiles” has introduced a new long-term tourist visa, the Destination Thailand Visa (DTV). “This visa allows holders to stay in Thailand and work remotely for companies or clients based in other countries, all without the usual immigration and tax worries,” according to the Thai embassy.


What is the Destination Thailand Visa?


Soon, if you successfully acquire a DTV, you’ll receive a 5-year multiple-entry visa. This allows you to stay in Thailand for a total of 180 days per year, with the option to extend for another 180 days.


For instance: Rahul has always dreamed of living and working in Thailand. As a consultant at a digital marketing firm, his job involves communicating with US-based clients, allowing him to work remotely. Thailand’s Digital Nomad Visa (DTV) offers a 5-year multiple-entry visa for Rs 23,000. This visa permits him to stay in Thailand for up to 180 days each year, with the option to extend for another 180 days, totalling 360 days per year.


This arrangement allows Rahul to continue his job while enjoying Thailand’s vibrant culture, beautiful beaches, and delicious food.


Cost of Thailand DTV Visa?


The Destination Thailand Visa is priced at 10,000 THB (approximately Rs 23,078).


Eligibility requirements for the DTV


To be eligible for the DTV, you need to meet the following criteria:


— You must be at least 20 years old.


— You must have enough funds to pay for the visa fee.


— You must show that you have at least 500,000 THB (around Rs 11,53,944) in your bank account to support your stay.


— You must provide proof of employment with a registered company.


Activities covered by the DTV


The visa is perfect if you’re visiting Thailand for:


— Muay Thai


— Thai cuisine


— Education and seminars


— Sports


— Medical treatment


— Foreign talent


— Events related to art and music


Benefits of the Thailand DTV Visa


The DTV offers several advantages:


— Lower income requirements and visa fees compared to other Southeast Asian countries.


— The option to extend the visa for up to 180 days, costing 10,000 THB.


— Eligibility for nationals from 93 countries.


— The ability to work remotely for international companies and clients while in Thailand.


— You can bring your spouse and children under 20.


— No taxes on income from foreign sources for stays up to 180 days.


Downsides of the DTV Visa


There are a few limitations to keep in mind:


— You cannot work for a Thai company without a Thai work permit.


— Changing your visa type will terminate your DTV.

First Published: Jul 15 2024 | 11:47 AM IST



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