Answereda year ago
Does a joint bank account impact proof of funds for a Thai retirement visa or soft power DTV application?
For showing proof of funds - does it matter if it's a joint account with two names? (Someone told me that for a retirement visa, that means you'd have to prove double the amount)...
If I'm applying for soft power DTV, and I have a joint checking account with my father which shows a balance of a little over 500K, will that be adequate?
If I'm applying for soft power DTV, and I have a joint checking account with my father which shows a balance of a little over 500K, will that be adequate?
Answer summary
A joint bank account can complicate proof of funds for visa applications in Thailand. For a retirement visa or DTV visa, the total funds available in a joint account may be divided among the account holders when calculating the required amount. For example, if two people are on a joint account, they might need to show a combined minimum of 1,000,000 THB instead of just meeting a 500,000 THB requirement individually. It is advisable to provide a sponsorship letter from the other account holder, along with the visa application, to clarify the situation.
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Robert *******
Thailand has the simple view about joint accounts.
The money is from all of the account holders, so if you need to proof money in that account you share the balance between the account holders.
500.000 Thb for 1 account holder, 1.000.000 for 2 account holders, 1.500.000 for 3 account holders etc.
IT does not matter what the reason was, why you added other people to your bank account.
The money is from all of the account holders, so if you need to proof money in that account you share the balance between the account holders.
500.000 Thb for 1 account holder, 1.000.000 for 2 account holders, 1.500.000 for 3 account holders etc.
IT does not matter what the reason was, why you added other people to your bank account.
James ********
Usually....MUST be a Bank account in your name only.
It might be possible if your father provides a sponsorship letter to the Thai Embassy or Consulate in support of your DTV visa application.
What's your passport nation?
Where are you now?
Where will you be applying for the DTV visa?
For what purpose are you going to apply for the DTV visa?
Workcation DTV or Soft power activity?
It might be possible if your father provides a sponsorship letter to the Thai Embassy or Consulate in support of your DTV visa application.
What's your passport nation?
Where are you now?
Where will you be applying for the DTV visa?
For what purpose are you going to apply for the DTV visa?
Workcation DTV or Soft power activity?
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