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Can I use my cryptocurrency holdings for my annual retirement visa application in Thailand?

Retirement Visa Visa Application Cryptocurrency and Visa Thai Immigration Financial Requirements for Visas Bitkub and Immigration Crypto Wealth Declaration

Jun 23, 2025

2 days ago

Bruce **************

ORIGINAL POSTER

I have just been advised by bitkub that my cryptocurrency holdings may be used for my annual retirement visa application. Has anyone used this facility successfully?

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TLDR : Answer Summary

The user is inquiring about the possibility of using cryptocurrency holdings to support their annual retirement visa application in Thailand, as advised by Bitkub, a cryptocurrency exchange. The comments reflect a mix of skepticism and caution, with various users emphasizing that Thai immigration typically requires bank statements for financial proof, expressing doubts about the acceptance of crypto statements. Some commenters suggest that mentioning crypto assets could lead to issues with immigration, likening it to money laundering concerns. Overall, there is a strong consensus that relying on cryptocurrency for visa applications is risky and likely not advisable.

NON-O RETIREMENT VISA RESOURCES / SERVICES

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Walrus *******

Why are so many frightened of immigration. Always answered my questions there and then

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Jim ********

Does matter what a bitcoin platform says. It matters what Thai Immigration says.

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Richard ***********

Following

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Angy ********

Bitkub is legal in Thailand and maybe can release a statement valid for immigration. Ask them the release of the statement for immigration and try the application for the visa renew, maybe there is also something more to show.

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Bruce **************

ORIGINAL POSTER

They offered the information I did not ask for it.

I was requesting a CSV file. They sent me this note on how to get it. I questioned it with them when they suggested it could be used for a visa application. My question is simply has anyone done this or tried?

The following is BitKub standard response to my request for a CSV file.

We are happy to assist you with your document request. For the most effective process, please specify the document(s) you wish to request by choosing from the list below, the purpose(s) of the request, and the date range (day/month/year) of transactions.

1. Transaction history report (please specify the date range of transactions)

2. Certification of the asset information (as of the present date)

3. Membership certificate

Please also specify the following details for the document(s) (if applicable).

- The language of the document(s): Thai or English (If not specified, the default language is Thai.)

- Do you want the Company seal affixed to the document? (If not specified, the default is no seal affixed, and there will be an e-signature only.)

Example

- Requested document(s): Transaction history report 1 copy

- Usage purpose: For visa application

- Date range: From 1 January 2025 - 31 January 2025

- Document language: English

- Others (if any): Need Company's stamp affixed to the document

Remarks:

- The processing time for preparing Items 1-3 as listed above is 15-30 days.

- You can request more than 1 type of document.

- The document(s) will be sent to you via email.

- Please ensure that your requested information is accurate. Submitting incorrect or missing details may cause a delay in document preparation and delivery.

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Todd *********

Why are you asking Bitkub? They have nothing to do with it

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Jenny ******

Don't do it.

Crypto = moneylaundering as far as Thai authorities are concerned.

Don't even mention that you hold crypto assets.

It's not a big amount you need to show - cash it out, show it, then reinvest.

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Christopher ********

that is not exactly true. Crypto is regulated as "digital assets" under the Royal Decree on Digital Asset Business. Trading, buying, and selling cryptocurrencies are permitted, but certain activities, such as using them as a means of payment, are restricted.

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Jenny ******

@Christopher *******

I didn't say they were ILLEGAL.

I said that immigration officials view cryptocurrency with suspicion, so while you could in theory use it to show proof of funds, it would be counterproductive and is not advised by people who know what's going on in the decision-making process.

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Jenny ******

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Robert *********

Funny how a crypto exchange says crypto can be used anywhere for anything!

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Terje ***************

Thai law explicitly requires a deposit in a Thai bank. Why are people constantly questioning this?

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Wannikea *********

You only risk 1900 baht to find out. But I'd go early. Probability of success 0.

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Jesper *******

@Wannikea ********

u only pay 1900baht when your extension is approved

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Jesper *******

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Jesper *******

Immigration only accept bank statements....good luck if you are bringing your crypto statement instead of bank statement for your next extension

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Shayne **********

That would be useful for many people!

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Bruce **************

ORIGINAL POSTER

@Shayne *********

yes exactly the person that I spoke to seemed very convinced that it was allowed. And it wouldn't surprise me after 20 years in Thailand that something an immigration officer, tells you cannot be done, can in fact be done.

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Bruce **************

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