Ask

Answered2 years ago

Does an IRA account count towards financial evidence for a Thai visa application?

DTV visa financial evidence Thailand visa requirements liquid assets bank account IRA account

Nathan ********

Nathan ********

OP

asked Nov 26, 2024

997

views

3

replies

2

likes

Hello, apologies if this question has already been answered, but I searched the group history and did not see anything relevant.

Will an IRA account + balance suffice for financial evidence of sufficient funds or does this need to be stored in account that is considered more liquid?

Answer summary

The consensus among commenters is that an IRA account does not meet the financial requirements for the DTV visa in Thailand. Applicants must show proof of funds in a personal bank account, with a minimum balance of 500,000 Thai baht. Additionally, it's suggested that the funds need to be in an accessible and liquid bank account, and there are questions regarding the timing of withdrawing funds from an IRA to a personal account for visa application.

3 repliesnewest first

3

Click comment and we will ask for your email, then OTP, then name.

Nathan ********

Nathan ********

OP

Does anyone know if I withdraw the funds from my IRA into a more liquid bank/checking account, do they have to be there for any specific amount of time?

If I deposit them and apply for DTV the day after, is that a problem?

Or would they need bank statements to believe these funds were more legitimate with long term standing?

0

James ********

James ********

No it will not meet the requirements for the DTV visa. It MUST be a bank account in your name. 500,000 Thai baht or more. Look at the Thai Embassy or Consulate website where you are going to apply for their requirements.

1

Andi ***********

Andi ***********

Should be in an instant cash accessible personal bank account.

2

Activity

3 joined

Nathan ********

Nathan ********

Nathan ********

3

people

Destination Thailand Visa (DTV)

...members

Member 1

Member 2

Member 3

Conversation Join group

Related

25

What are the new requirements for the DTV visa application in Thailand?

What should I do if my bank account situation doesn't meet the 500,000 THB requirement for the DTV application?

Can I open a bank account in Thailand on a DTV visa?

Do both spouses need to show 500k baht each for a DTV application, or can they share a joint account with 500k?

What are the extra document requirements for a DTV visa application from the Thai Embassy for a UK passport holder?

Can I open a bank account in Thailand on a DTV visa?

What does a document request for a DTV visa from the Thai consulate in Shanghai mean regarding financial proof?

Can I apply for a DTV visa in Thailand with funds transferred shortly before application?

What are the requirements for obtaining a DTV visa as a business owner in Thailand, and can I use my foreign bank account for application purposes?

What are the financial requirements and options for obtaining a DTV visa for families in Thailand?

What are the financial requirements for applying for a DTV visa in Thailand as an unmarried couple?

Can I submit multiple bank accounts for my visa application in Thailand?

Can I use cryptocurrencies for my DTV visa application in Thailand?

Is financial evidence in stocks accepted for a DTV in Berlin?

Can gold be used as proof of funds for a Thai DTV visa application?

What is the application timeline and required documents for a soft power DTV visa in Thailand?

Is health insurance required for the DTV visa application from the US?

Does the 500,000 THB bank balance for the DTV visa need to be in a current account or is a savings account acceptable?

How long does the 500,000 THB need to be in a bank account for a DTV visa application?

Do my husband and I both need £11k in our bank accounts to apply for a Thailand DTV visa?

How many months of bank statements does the Royal Thai Embassy in Manila require for a DTV visa application?

Does a sponsorship letter suffice for all DTV soft power visa applications in Thailand?

Can I open a bank account in Thailand on a DTV visa?

What financial evidence is acceptable for a DTV visa application in Thailand and how can YouTubers fulfill employment requirements?

Can I transfer funds to a Monzo account for the DTV Visa even if it doesn't show a 6-month holding period?

Resources

Cannabis shops near me Retirement visa extension eSIM for Thailand LTR visa qualification

Need help with your DTV visa?