Is it necessary to settle credit card debt before applying for a DTV visa in Thailand?

Your debts have nothing to do with the visa.

Some applicants actually use a loan or line of credit to put the money in the bank.

Most embassies want a minimum of 3 mths.

Contact the embassy you will apply at and ask for what their period is.

Debt? What's that? 👀

You need the equivalent of 500k Thai baht (around 15,400 USD) in a bank account to qualify for the DTV. If you have that much in the bank why would you carry credit card debt? 🤔

Sounds like another case of gofundme in the making 🤔

Apply for the DTV in your home country. If you don’t qualify, just make qualifying a priority. It may take some time. Don’t take out a loan to pay the loan(s) from your credit cards. When I write that out it does seem unwise. Take out a loan to pay a loan. Pay off the credit card with the highest interest first. Don’t close any credit cards, just be more efficient with your finances. Don’t close any bank accounts in your home country, you will need them.

Hope this helps.

With DTV you can’t open Thai bank account, so keep your accounts and credit cards in place.

They only look to make sure you have a job and an equivalent of $16k in your bank account. You can apply in Thailand if you have a VPN. However, it’s best to close out most of your accounts before coming here in my opinion

You can’t get a DTV inside Thailand

The embassy will not care anything about your debt.

They will want to see real money in a real bank for long enough.

That said, yes it’s good to get your debts settled before making a major move.