HomeBusinessThailand introduces Destination visa for remote workers: Details here - Business Standard

Thailand introduces Destination visa for remote workers: Details here – Business Standard

Nice information for distant staff and digital nomads dreaming of dwelling and dealing legally in Thailand! The “Land of Smiles” has launched a brand new long-term vacationer visa, the Vacation spot Thailand Visa (DTV). “This visa permits holders to remain in Thailand and work remotely for firms or purchasers based mostly in different international locations, all with out the standard immigration and tax worries,” in line with the Thai embassy.

What’s the Vacation spot Thailand Visa?

Quickly, for those who efficiently purchase a DTV, you may obtain a 5-year multiple-entry visa. This lets you keep in Thailand for a complete of 180 days per 12 months, with the choice to increase for an additional 180 days.

For example: Rahul has all the time dreamed of dwelling and dealing in Thailand. As a marketing consultant at a digital advertising and marketing agency, his job entails speaking with US-based purchasers, permitting him to work remotely. Thailand’s Digital Nomad Visa (DTV) presents a 5-year multiple-entry visa for Rs 23,000. This visa permits him to remain in Thailand for as much as 180 days annually, with the choice to increase for an additional 180 days, totalling 360 days per 12 months.

This association permits Rahul to proceed his job whereas having fun with Thailand’s vibrant tradition, lovely seashores, and scrumptious meals.

Value of Thailand DTV Visa?

The Vacation spot Thailand Visa is priced at 10,000 THB (roughly Rs 23,078).

Extra From This Part

Eligibility necessities for the DTV

To be eligible for the DTV, you’ll want to meet the next standards:

— You should be at the least 20 years previous.

— You need to have sufficient funds to pay for the visa payment.

— You need to present that you’ve at the least 500,000 THB (round Rs 11,53,944) in your checking account to assist your keep.

— You need to present proof of employment with a registered firm.

Actions lined by the DTV

The visa is ideal for those who’re visiting Thailand for:

— Muay Thai

— Thai delicacies

— Training and seminars

— Sports activities

— Medical remedy

— International expertise

— Occasions associated to artwork and music

Advantages of the Thailand DTV Visa

The DTV presents a number of benefits:

— Decrease earnings necessities and visa charges in comparison with different Southeast Asian international locations.

— The choice to increase the visa for as much as 180 days, costing 10,000 THB.

— Eligibility for nationals from 93 international locations.

— The power to work remotely for worldwide firms and purchasers whereas in Thailand.

— You’ll be able to convey your partner and kids below 20.

— No taxes on earnings from international sources for stays as much as 180 days.

Downsides of the DTV Visa

There are just a few limitations to remember:

— You can’t work for a Thai firm with no Thai work allow.

— Altering your visa kind will terminate your DTV.

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

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