Answered2 years ago
How long do you need to show 500k in the bank for a DTV application in London?
When applying for DTV in London, how long do you have to have 500k in the bank?
Answer summary
When applying for a DTV (Digital Nomad Visa) in London, there is no strict rule regarding the duration for which you must have 500,000 THB in your bank account. While some users recommend showing bank statements for 2 to 3 months as evidence, others have successfully submitted just one recent statement without any minimum time requirement. However, recent trends indicate that embassy requirements may be tightening, so it's advisable to check the latest guidelines and prepare accordingly.
30 repliesnewest first
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Antti *********
usually 3 months
Lee ********
I got my DTV from London it was 1 statement.
Chris ************
For me it was about 10 minutes. I transferred the funds in then generated the statements. London doesn't seem to have a minimum time requirement.
John *********
@Chris ***********
yes that’s because it’s a proof of funds, irrelevant if you had 500k last June or this month but if you show say 3 months statements and most recent is at 500k or more that should be fine.Anonymous *************
OP@Chris ***********
perfect
Anonymous ******************
I showed 1 statement but that was in July.
Wannikea *********
My impression from previous posts is at least the most recent bank statement. But, keep in mind that the requirements from embassies is tightening up.
Anonymous ******************
@Wannikea ********
which embassies are tightening up exactly? Is there any news on this, or is it just an assumption?Wannikea *********
Anonymous participant 942 easy enough to research and glean a pattern. Approval posts from last summer compared to what's being asked for and submitted up until today.
Erikk *****
Recommended 2 or 3 statesments
Anonymous *************
OP@Erikk ****
2 or 3 statements above 500k , or can it gradually build up to 500k then apply soon after hitting 500k?Andi ***********
Anonymous participant You just need a final balance of 500K, no seasoning needed for London.. Each addittional statement you provide does not need to be 500K
Anonymous *************
OP@Andi **********
thanks , that's what i was looking forTommy ********
You need to have it. Not borrow just to rig the system.
Anonymous ******************
Haha
Wayne *******
@Tommy *******
Not your business what AP does 🤷 Not your business how much AP or anyone else lives on. Not sure why you commented at all to be honest. You're not an IO are you?Tommy ********
@Wayne ******
do you research. Thailand does not want anymore rigging the system. Why earth does a man from Leeds care about this?Anonymous *************
OP@Tommy *******
i never mentioned rigging anything, only want to know how long the 500k has to be there as i hate money sitting doing nothing.
Ryan ******
@Tommy *******
some people have the money but tied up in other means, stocks, property, which are unfortunately not allowed as proof...Tommy ********
@Ryan *****
true.Anonymous *************
OP@Ryan *****
yes exactly, so its good to know can move stuff around to show the funds and it doesn't have to sit there for months
Anonymous ******************
@Tommy *******
I know a few people who have borrowed it just to meet the criteria. It's not difficultTommy ********
Anonymous participant 353 I’m sure you have. It’s called rigging the system. They will check and if you don’t have or own the funds, you could be rejected.
If you’re coming here to scrimp and scrape, you really shouldn’t be applying.
No wonder you’re posting anonymously.
If you’re coming here to scrimp and scrape, you really shouldn’t be applying.
No wonder you’re posting anonymously.
Anonymous *************
OP@Tommy *******
that's not what i was asking
Kieran *******
Anonymous participant also interested (not in the nonsense reply above though!)
Anonymous *************
OP@Tommy *******
to be anonymousTommy ********
Anonymous participant ok. I think it’s 30 days but likely longer by the time you do it. Why are you posting anonymously?
Andi ***********
Anonymous participant There is no time limit for London, you just need the 500K at time of submission.
Anonymous *************
OP@Tommy *******
i never mentioned borrowing , and don't intend to borrow . Just want to know if there's any time limit , like when saving it up for exampleTommy ********
@Kieran ******
what nonsense reply? The government don’t want people rigging the system. Do you have the 500,000 as your own? If you don’t, you shouldn’t apply as you’re not eligible.I’ve interviewed the government people who have approved this visa, they are sick of people trying to apply when they are not passing the required checks. Longer checks of the money are required, at least a month. Just save it up, then apply. Do not borrow it
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