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Answered8 months ago

Can Canadians use a TFSA to show funds for the DTV visa in Thailand?

Tasa ****
asked Feb 13, 2026
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Question for the Canadians, can you use TFSA to show funds for the DTV visa?
Answer summary
The conversation addresses whether Canadians can use their Tax-Free Savings Account (TFSA) to demonstrate funds for Thailand's DTV visa application. Participants share mixed experiences and opinions, suggesting that while some have successfully included TFSA funds, it may not be officially accepted as it is considered a type of investment rather than a liquid savings account. The consensus leans towards needing funds in a standard current or savings account for eligibility.
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Waqar ********
Waqar ********
Nopes, only a current or savings personal account under your name is eligible. TFSA is more like a FD account which is not eligible.
Anonymous ******************
Anonymous ******************
@Waqar *******
based on what ? other comments are reporting their experience, did you try and get rejected?
Waqar ********
Waqar ********
Anonymous participant 918 I don't need exact 100% experience to prove my point. I know the general guideline by Thai embassies which is: the funds must be in fully liquid form. In finance terms, that's either a current or savings account. No shares, no investments, no retirement funds, nothing else.

Then I mentioned that you might get approved because some Thai embassies are more lenient than others. Even my DTV was approved so easily, while they could have easily asked for tons of additional documents but they didn't. So if you want to play risky, go for it. It's your money, your choice. But in theory, that's not sufficient.
Waqar ********
Waqar ********
P.S. You might get approved if everything else is correct but it's risky since basically, TFSA doesn't qualify.
Todd *********
Todd *********
@Waqar *******
what I suspect is happening is that the consulates don’t actually understand the TFSA. BUT, the key may be the name… tax free SAVINGS account so it’s possible some consulates would simply approve based on it being a ‘savings account’.
Waqar ********
Waqar ********
@Todd ********
exactly that's my point. It's a grey part grey. Some will get approved, some will be asked for additional documents.
Anonymous ******************
Anonymous ******************
I used my RBC TFSA to apply few months ago from Bali.
Anonymous ******************
Anonymous ******************
Investing
Anonymous ******************
Anonymous ******************
Anonymous participant 169 how did it go were you approved for the DTV?
Tasa ****
Tasa ****
OP
was it a cash account or an Investing?
Greg ********
Greg ********
Technically it is a savings account
Tasa ****
Tasa ****
OP
Might just be easier for me to do some international trips as visa runs while there
Tasa ****
Tasa ****
OP
I'm only looking to stay 6 months a year during Vancouver winters
Tasa ****
Tasa ****
OP
@Greg *******
Thats why I thought i should ask, Id rather not move the funds out and wait a year to move them back again.
Todd *********
Todd *********
@Tasa ***
had you done th application in December, you would have been able to shift the money back in Jan. But not everybody liked their life to be easy
J.P. *********
J.P. *********
Regular cecking or savings account only. Nothing tied up is acceptable, even if it is easy to cash out.
LazyEmb********
LazyEmb********
I didn’t get approved yet, but thy requested documents twice so far and non of them were finance related.

I used my TD tfsa savings account as the main place of where funds exist.
Todd *********
Todd *********
LazyEmbassy2335 wow. Interesting. Let us know how that works out.
Tasa ****
Tasa ****
OP
LazyEmbassy2335 let me know how it goes, good luck 🤞
LazyEmb********
LazyEmb********
@Tasa ***
will do, thank you
Tasa ****
Tasa ****
OP
LazyEmbassy2335 BTW are you talking about the cash savings account or the TFSA webBroker investment acount?
Todd *********
Todd *********
No, but you could take the funds out of TFSA into your own bank account and replace next year
Tasa ****
Tasa ****
OP
@Todd ********
rather not as they are invested
Todd *********
Todd *********
@Tasa ***
me too. You need the money in your savings/checking account in your name only for up to 3 months. Depends on the consulate

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