Hello friends, I have 60k$ in my Schwab Brokerage account but it's all investments and not cash, I could liquidate but obviously don't want to. Has anyone been able to get their DTV approved with investments rather than cash?
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TLDR : Answer Summary
The original poster inquired whether they could have their DTV approved using their investment account instead of cash. Community responses indicated mixed experiences: some reported success with investment accounts and advice about margin loans to temporarily access cash. However, it is generally noted that most embassies prefer funds in a personal bank account, with some exceptions.
Fwiw, I was approved with an investment account but it was a cash management account with cash and money market funds. I also show various debit transactions.
Anonymous participant 676 I will be trying at LA next month fot medical and my cash is in an HSA with a brokerage...all cash reserves with debit card. I plan on including my $1 health policy good in Thailand and a pile of paid reciepts for medical things in Thailand. The medical certs from hospitals are legit...we will see whst happens.
Consider taking a margin loan against your portfolio and keeping it in your bank for the required time, then you just have to pay a small amount of interest and not liquidate your investments.
A few embassies in US such as NYC approve Investments for the 500K. Vast majority of embassies worldwide require it in a personal bank account, instantly accessible.
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