Ask question

This is NOT an official government website. We are an independent resource providing information and assistance to travelers.

Can a Tax Free Savings Account (TFSA) be used as proof of funds for immigration purposes?

Tax Free Savings Account TFSA Proof of Funds Visa Application Liquid Assets Investments Canada Expat Finance

Nov 26, 2024

a year ago

Anonymous *************

ORIGINAL POSTER

Do Tax Free Savings Account (Canada) work to show as proof of funds? In my bank statements it is under "investments", but in fact I can withdraw money from it.

1,059

views

4

all likes

3

replies

4

users

TLDR : Answer Summary

The effectiveness of using a Tax Free Savings Account (TFSA) as proof of funds for visa applications in Canada varies by location and specific requirements. Some users reported that TFSAs were accepted as part of their proof of funds, while others noted the need for liquid assets that are immediately available. Therefore, it is advisable to check the specific requirements of the visa application process where you are applying.

Pelle Eriksson

Pelle Eriksson★★★★★

Absolutely Bangkok's best service I highly...

recently on Facebook

Luca G.

Luca G.★★★★★

I used this agency for my DTV Visa...

recently on Google

Trusted Thai Visa Agent

OVER 100,000 EXPATS SERVED

#1 VISA AGENT IN THAILAND

Jasmine ********

TFSA and investments should work. It may depend where you apply. I applied through the embassy in Hanoi as I am already over here. The statements I provided were all investments. Mutual funds, RRSP and TFSA held in Canada. Approved, no issue. I provided no statement that would be a liquid asset.

Like

Reply

Helen ********

Unlikely that TFSA or investment will work. We applied to Vancouver and it needed to be liquid assets immediately available

Like

Reply

Michi ********

It depends on where you apply but I had some in my proof of funds and they didn’t acknowledge it nor question it. I did have my proof of funds from a few banks.

Like

Reply

Reply to

Michi ********

Reply

Does an IRA account count towards financial evidence for a Thai visa application?

3 comments

a year ago

Can I use investments as financial evidence for a Thai DTV visa application instead of cash in my current account?

15 comments

a year ago

Can I use my investment portfolio instead of savings for visa requirements in Thailand?

5 comments

2 years ago

Will a stock market portfolio be accepted as proof of funds for a Thai visa?

10 comments

2 years ago

Will my non-bank liquid savings be accepted for sufficient funds when applying for a DTV visa in Thailand?

30 comments

2 years ago

Can I use a crypto wallet as proof of funds for my visa application in Thailand?

6 comments

2 years ago

Can you use a 401(k) as proof of funds for immigration purposes in Thailand?

8 comments

2 years ago

Can I use bank statements from Revolut or Wise as proof of funds for a visa application in the Czech Republic?

12 comments

2 years ago

Does a Tax-Free Savings Account (TFSA) meet the 500k baht requirement for Canadians applying for a Thai visa?

6 comments

2 years ago

Can I use my £20,000 ISA balance as proof of funds for a visa application to Thailand?

8 comments

2 years ago

Are stocks accounts accepted as proof of funds for Thailand visas?

1 comments

2 years ago

Can I use my investment portfolio as a professional portfolio for a workcation visa in Thailand?

5 comments

2 years ago

What are the requirements for proof of funds when applying at a Canadian embassy, and how long should funds be in my account?

3 comments

2 years ago

Can proof of funds for a visa in Thailand only be shown via a chequing account instead of a fixed account?

0 comments

2 years ago

Do I need to show 500 THB in my account for a certain period or just the current balance when applying for a visa from Canada?

2 comments

2 years ago

Can the 500k proof of funds for the DTV be in liquid assets like index or mutual funds, or does it need to be in a bank account?

40 comments

2 years ago

Can I use funds from my UK bank account for the new 6-month visa in Thailand?

14 comments

2 years ago

Do the funds for Thai visas need to be in a Thai bank savings account or can they be in a fund account?

19 comments

2 years ago

What is the best way to show proof of funds for a Multi-Entry Tourist Visa (METV) application from the USA?

13 comments

2 years ago

Is a savings account with restricted access acceptable for a Thai Medium Term Tourist visa?

45 comments

5 years ago

What are the proof of funds requirements for a visa application in Vientiane, and can I use a printout of my bank balance?

0 comments

7 years ago

Can I use a brokerage account statement as evidence of adequate finance for a Thai tourist visa?

0 comments

7 years ago

Is a Thai bank passbook sufficient as proof of funds when entering Thailand?

4 comments

8 years ago

Can I use a foreign currency account in Thailand as proof of funds for visa extensions?

20 comments

8 years ago

What is the best cannabis dispensary in Bangkok?

7 comments

a month ago

Where can I find the best cannabis dispensary in Chon Buri?

9 comments

a month ago

What are the best dispensaries in Phuket?

21 comments

a month ago

What is the best cannabis dispensary in Surat Thani?

16 comments

a month ago

Where can I find the best weed in Chiang Mai?

8 comments

a month ago

Data protection policy Terms and conditions Disclaimer Privacy policy Refund policy

The ask:thailand community, consisting of multiple Q/A groups with over 100,000 members, powers this platform. It is not an official government resource. Our members actively contribute to this resource, and while we strive for accuracy, we cannot guarantee its complete reliability. Assistance to travelers is provided as a community service.