Answereda year ago
Do I need to maintain the 500,000 Baht deposit for the DTV visa during extension or re-entry?
Hello, I’m sure you people will be able to help, I am just wondering with the DTV visa requirement of the 500k obviously you have this in the bank account at point of application does it also need to be in the bank account for extension or re-entry?
Also has anyone done it for themselves and a spouse is there anything to be aware?
Thank you in advance 🙏
Also has anyone done it for themselves and a spouse is there anything to be aware?
Thank you in advance 🙏
Answer summary
The discussion revolves around the bank account requirement of maintaining a deposit of 500,000 Baht for the DTV visa in Thailand. Participants clarify that while the deposit is necessary for applying and extending the visa, it is not required for re-entry, although there may be rare checks. Some express concern over the financial responsibility that the deposit signifies, emphasizing its importance for covering potential expenses while in Thailand.
27 repliesnewest first
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Henrik *****
Think about the reason why there has to be a 500.000 Baht deposit !
If you get involved in a accident, get ill, get fines, financial disputes, pay for Airplane ticket out of Thailand etc. then you should be able to pay for yourself immidiately with money from the deposit, because Thailand is feed up with people not able to / want to pay their own expenses, when they stay in Thailand.
That was the reason for the deposit, as discussed before the DTV came into effect.
That’s also why the deposit should be immidiatly accessable and not in crypto, stocks or what ever.
So it would be the best not to touch the majority of the deposit, you may suddenly need them , and the Thai authorities will expect you to have them avaiable.
If you get involved in a accident, get ill, get fines, financial disputes, pay for Airplane ticket out of Thailand etc. then you should be able to pay for yourself immidiately with money from the deposit, because Thailand is feed up with people not able to / want to pay their own expenses, when they stay in Thailand.
That was the reason for the deposit, as discussed before the DTV came into effect.
That’s also why the deposit should be immidiatly accessable and not in crypto, stocks or what ever.
So it would be the best not to touch the majority of the deposit, you may suddenly need them , and the Thai authorities will expect you to have them avaiable.
Siggi *******
@Henrik ****
don't spread lies, there is no requirement for having 500.000 bajt on reentry, it's a requirement for the visa but then it's done. People like you are responsible for all the lies and misinformation online
Anonymous ******************
@Henrik ****
there is no deposit lmaoLuit *****************
When you look around in this group there are a few reports of people getting into the country on DTV asked to show they have 500K.
For an extension in country you always need to show you comply with all requirements.
If you not comply with requirements anymore you will not get an extension.
Best is to do an organized border bounce then, not on your own, to prevent the risk of being checked on re-entry.
For an extension in country you always need to show you comply with all requirements.
If you not comply with requirements anymore you will not get an extension.
Best is to do an organized border bounce then, not on your own, to prevent the risk of being checked on re-entry.
Jamie ********
OPSo am I right in thinking it would be better to do a re-entry rather than an extension?
Luit *****************
@Jamie *******
What is better depends on your situation. When you still comply to all requirements an in country extension might be best, saves money and a bit of time.When you do not comply to the visa rules anymore, a re-entry is the only solution, best done with an experienced company to guarantee re-entry will be an easy process.
Peter *********
@Jamie *******
Yes.
Jeremy *********
Extension yes
Re entry not as of now
Re entry not as of now
Peter *********
@Jeremy ********
Be careful Jeremy, our resident true genius is about looking for his next victim to prove his claims. 😆Jeremy *********
Peter *********
Not required for re entry.
Peter *********
@Luit ****************
I'm not claiming any of what you say. I'm just showing proof of do you need to show updated documents on re entry. Why is this so hard for you to understand?Luit *****************
There was no question "Do you need to show updated documents on re-entry", so the official did not answer that question, so you are not showing any proof at all. The fact that he says you just show your visa at re-entry does not say anything about what immigration is going to check, and a MFA official not even can tell what immigration will check and won't check because it is a different department.
Luit *****************
You keep repeating the same over and over and over again, but he does not say requirements stop and cannot be checked at reentry again, he only tells what DTV holder has to do to re-enter the country.
That the holder has to show his visa and not need to take other actions, does not mean that IO cannot check you are complying with requirements, that is the action of IO and it is their job.
That the holder has to show his visa and not need to take other actions, does not mean that IO cannot check you are complying with requirements, that is the action of IO and it is their job.
Peter *********
@Luit ****************
Here he is answering the question do you have to show updated documents on re entry. Find your own proof to back up your claims.Luit *****************
@Peter ********
He does not say there cannot be checks to see if you are complying with visa requirements, and nowhere is said requirements stop after approval.Luit *****************
@Peter ********
not true, mostly not checked, but certainly required.Siggi *******
@Luit ****************
it's not required, IMO do not have any legal rights to check finances or bank account. So don't spread lies, get a lifeLuit *****************
@Peter ********
At which point in the video the official says there is no financial requirement after approval that can be checked at the border? I saw the video last year, and now just did again, because you suggest he tells there will be no checks, but I cannot find that.Luit *****************
@Peter ********
the 500K is still required, but mostly not checked, you can gamble you are not checked, but there is always a chance you are checked, depending on your situation. To prevent this check possibility, you pay for a professional border bounce company.Peter *********
@Luit ****************
Where have I said the visa requirements stop after getting approved? I'm just answering the question if the 500K is required on re entry.Luit *****************
@Peter ********
where does the official say there are no checks at all when you enter the country? He also does not say visa requirements stop after the first stay.Please don't spread misinformation that requirements stop once you get approved.
Anonymous ******************
For extension, it is required.
For reentry, it is, so far, not required or let's say almost not checked at all (only a few rare cases).
For reentry, it is, so far, not required or let's say almost not checked at all (only a few rare cases).
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