Answereda year ago
Can I use PayPal records to prove income for a DTV application in Thailand?
Hey guys
We're gearing up to make our travels and apply for the DTV
We have all the requirements, bank, savings etc. applying for the soft power muay Thai. We generate income online, and was curious if they accept PayPal records as a form to prove income? Thanks!
Also, coming from America
Does anyone use Chase? I was curious if anyone has recommendations for the safest banks to use over in Thailand? Sorry if this was answered before
We're gearing up to make our travels and apply for the DTV
We have all the requirements, bank, savings etc. applying for the soft power muay Thai. We generate income online, and was curious if they accept PayPal records as a form to prove income? Thanks!
Also, coming from America
Does anyone use Chase? I was curious if anyone has recommendations for the safest banks to use over in Thailand? Sorry if this was answered before
Answer summary
The user is preparing to apply for a Digital Nomad Visa (DTV) related to soft power Muay Thai and inquires whether PayPal records can be used as income proof. They also ask for advice about American banks to use in Thailand. Responses suggest that proving income may not be necessary for the DTV application and recommend using banks like Charles Schwab for their benefits, such as no foreign transaction fees.
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Anonymous ******************
Being from the US
Get a Charles Schwab
Your ATM fees are refunded at the end of the month worldwide
Plus no foreign transaction fees.
Also have credit cards with no foreign transaction fees.
Earn a bunch of airline miles
Get a Charles Schwab
Your ATM fees are refunded at the end of the month worldwide
Plus no foreign transaction fees.
Also have credit cards with no foreign transaction fees.
Earn a bunch of airline miles
Anonymous ******************
Anonymous participant 293
Don’t keep all your money in one account.
Have multiple forms of payment
In the event of banking issue, scam or lost card.
Don’t keep all your money in one account.
Have multiple forms of payment
In the event of banking issue, scam or lost card.
Henrik *****
When applying for DTV, make it simple, all 500.000 Baht in 1 account in you name.
Anonymous *************
OPAnonymous participant 293 thank you!
Lynda ******
Im also using Charles Schwab and Revolut
Revolut reimburse your atm fees (if you are within plans limit) but not the fee the bank of the atm may impose. CS reimburses all fees
Revolut provides multiple cards - single virtual, virtual and a physical card.
I use single card for single online payments; virtual card (not connected to physical card) for online payments and when there’s a card machine; physical card (has virtual version) for atm withdrawals. You can also freeze your card via app so no transactions can be made until you unfreeze it
Revolut reimburse your atm fees (if you are within plans limit) but not the fee the bank of the atm may impose. CS reimburses all fees
Revolut provides multiple cards - single virtual, virtual and a physical card.
I use single card for single online payments; virtual card (not connected to physical card) for online payments and when there’s a card machine; physical card (has virtual version) for atm withdrawals. You can also freeze your card via app so no transactions can be made until you unfreeze it
Anonymous ******************
You don't have to prove your income for DTV
Anonymous ******************
They can ask about anything, including his shoe size. But in a normal procedure it's not required. You can see requirements in the official sources and there is no income between them.
Anonymous *************
OPAnonymous participant 854 oh cool! I guess it's a "just in case" preparation id like to have
Lynda ******
Anonymous participant They just want to see a stream of income that’s connected to somewhere not in Thailand.
Just add a cover letter stating that you get paid via PayPal and your position is not located in Thailand or associated with Thailand at all. they may ask for a contract or letter from client/employer that you can work remotely
Just add a cover letter stating that you get paid via PayPal and your position is not located in Thailand or associated with Thailand at all. they may ask for a contract or letter from client/employer that you can work remotely
Lynda ******
Anonymous participant I meant “wouldn’t “ 🙈
It should be fine. I have friends who just shared screenshot of their revenue summary from their Airbnb property and it was fine
It should be fine. I have friends who just shared screenshot of their revenue summary from their Airbnb property and it was fine
Anonymous *************
OP@Lynda *****
ok! We are self employed and PayPal is a large portion of our payouts
Steven *********
Get a charles schwab no foreign fee card
Anonymous *************
OP@Steven ********
I looked into this, do you know if it's similar to Morgan Stanley? I have an account with them
James ********
Anonymous participant Schwab is the best account. No fees and reimbursement to you monthly for any ATM 🏧 fees charged using it.
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