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Should I provide proof of financial assets exceeding the Thai retirement visa requirement?

Thai visa requirements DTV financial requirements Expat visa advice Thailand immigration Financial proof for visa Visa application process

Nov 18, 2024

a month ago

Anonymous *************

ORIGINAL POSTER

Be cautious about providing proof of financial requirements well above minimum?  Has anyone provided proof that you meet the DTV's financial requirements when you have far more in your financial institution than what is required?  I have quite a bit more than the 500K THB that is the minimum requirement and feel wary about showing my actual net worth to a foreign government I haven't dealt with before.  I could split some of it off into a second smaller account, but I wouldn't have a statement for that new account until the end of November and since I'll be leaving my country mid-December, I won't be here when they mail the visa to me, if I'm approved.  Thoughts?  Thanks.

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TLDR : Answer Summary

The post discusses concerns about providing financial proof for a Thai visa. The author is apprehensive about showing their total net worth, which exceeds the minimum 500,000 THB requirement. Community comments range from reassurance about the lack of ulterior motives from embassy officials to suggestions on managing their assets for application purposes. Some commenters suggest splitting funds into separate accounts to show only the required amount, while others advise that providing more than the minimum may positively affect the visa application. Overall, there's an emphasis on personal comfort and discretion regarding financial disclosures.

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TheHigh ************

I definitely didn’t provide 401k or stocks or anything beyond a well funded checking account. Maybe it’s a weird us thing but I feel if they need more proof they can ask and I’m happy to provide not gonna hide anything. But also not gonna go above and beyond with my personal info. Everything about everyone is on the internet now so I’m kinda privacy crazy right now.

Yes I’m the person who opts out of biometrics (photos & facial recognition at TSA)

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Noel *********

I put a little extra than 500k due to the forex fluctations. But yes weird flex.

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David ********

If you have concerns don't do it simple. We all have choice. But up to the individual. Don't really see the issue number 1 and number 2 WTF you posting here for ???

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Anonymous *************

ORIGINAL POSTER

What a useless answer.

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David ********

Anonymous participant glad you understand English anonymous participant

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David ********

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Andy ************

Sounds like you suffer from paranoia

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Anonymous *************

ORIGINAL POSTER

@Andy ***********

Another useless answer.

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Andy ************

Anonymous participant An anonymous poster is worried about telling the Thai government top much about their bank savings. That's Paranoia with a capital P

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Andy ************

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Garry ******

Weird flex but ok.

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Don *****

I deposited 17k usd in a seperate savings and used that. I’ll let you know how it goes this week. Washington embassy.

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Serhii *******

LT163250030026444647

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*****

*****

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647

Send extra here. It will help you )))

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Elías ********

And the Government is warry of issuing the visa to people who can't sustain themselves while in Thailand. Just show them you've got the money, nobody cares how much is it.

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Wesley ********

I showed well over the amount, and I have no reason to expect they will somehow scam my money, or do something untowards

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Andrew *********

I showed considerably more - what does it matter ? Will help your case in my opinion.

I got approved v quick

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Todd *********

If your net worth it tied up in a single account, you aren’t worth much anyway. Nothing to worry about.

If concerned, open a second account and put 500k in it. Easy

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William ********

Honestly speaking, individuals with very high net worth, some of whom are foreigners living in Thailand, would not have the lion’s share of their assets in a savings account.

I understand your caution, but it’s really nothing to worry about.

A Thai embassy worker in your country, almost assuredly of a middle or higher class background, is not going to concoct a conspiracy to milk a visa applicant of his savings.

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Myles *******

Mail a visa? No embassy mails visas. They either tell you to collect your passport on x day or send you the evisa. If that concerned why not split out the balance into another account just leaving the 500k showing? Or if you are that rich just get the Elite visa

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Ray *****

Split it off if you are concerned. Easy

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Ray *****

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