Is a 500,000 THB requirement met with funds in a stocks and shares ISA for Thai visa applications?

@Adrien *****

yeah, but accessible by whom? That is the central question.

@Brown *******

it's not to prove you can live, it's so the funds are immediately accessible in an emergency, eg.you are in an accident.

@Brown *******

Amazing Thailand

@Brown *******

Agreed. Ergo, go the income method.

@Brown *******

shares and stocks could be worthless tomorrow......see the reasoning.

@Brown *******

Your stocks could be worthless next week. No guarantee for anything.

@Brown *******

it’s actually not stupid, it’s desperation. Few people keep funds in a Thai bank now either because they can’t afford to or can get a better yield elsewhere e.g. crypto etc., etc. That means the banks are short of funds so this helps in terms of much needed liquidity. I agree though that they should expand their base asset and allow additional assets instead of just Thai baht. I have to season the required 400K THB soon for a new Ext. of Stay which means liquidating funds I’ve been keeping on Thailand’s largest crypto exchange, Bitkub.com. That money has been there for almost 3 years but doesn’t count as an asset for my Ext. of Stay which is silly. My Thai wife’s assets can’t be included either even though as her husband, I’m supposed to be able to prove I can support her. Go figure!