Answered2 years ago
What are the current bank statement requirements for the 500k financial proof needed for the DTV visa in Thailand?
Based on your experiences, which embassy near Thailand accepts a 1-month-old bank statement for the 500k requirement?
Answer summary
The discussion centers around the acceptance of a one-month-old bank statement for the 500k requirement needed for certain visas near Thailand. Many contributors express skepticism, suggesting that embassies, including those in London and Jakarta, typically require several months of bank statements (3-6) to ensure consistent savings. There are varying opinions on the DTV visa, with concerns about its requirements possibly promoting visa fraud. Participants also debate the sufficiency of having 500k baht in a bank account for living expenses over a long period, questioning the rationale behind the imposed financial requirements.
35 repliesnewest first
Click comment and we will ask for your email, then OTP, then name.
John ********
Too many conspiracy theorists on Thai visas.
John ********
This is a load of crap. I presume this is referring to the DTV visa. Why would they want to see 500,000 in a bank account for six months, for a five year visa and if your applying for the soft power visa, which I presume, they won't need to see earnings?
Neil ******
@John *******
because they don't require any earnings/income for the visa and 500k isn't even enough to live for a year with no income. Someone could get a friend or family member to transfer 500k to them to apply for a visa and to transfer it back. 3-6 months shows a consistency of savings. Not requiring any income and allowing someone to show a snapshot one time of an account is fucking terrible and will promote visa fraud which Thailand already has too much of.John ********
@Neil *****
500,000 isn't enough to live on in Thailand for a year? FFS., considering 20k to 30k a month is about average salaries in Thailand, even 30k only comes to 360,000 a year and you reckon a farang couldn't live on 500,000 baht per year. All depends on circumstances. When I'm in Thailand I can live on a hell of a lot less than that, mind you I don't pay rent or pay for food when I'm there. Only outgoings I have are beer and petrol for car and motorbike, so it's all relative to the individual.Neil ******
@Leo *********
not everyone can long stay. That is true of Thailand and every other country on the planet. It’s not supposed to be easy. 500k isn’t a lot of money. And it’s less than retirees need to have deposited for only a 1 year visa.
Leo **********
@Neil *****
I don’t understand why 6 months of payslips and work contract can’t just suffice. Not many people just have 500k baht sat in their accounts. I earn 90k baht per month which I can prove and would happily pay tax on, but because I don’t have a random 500k baht sat there i don’t qualify for the visa which is pure bs. At my age the only way I can stay long term legally is marriage visa. I can’t do an ED visa because I have to work to earn the said 90k baht per month. So it’s either a marriage visa or just abuse the tourist visa.
I’m hoping that 500k baht requirement gets reduced or replaced with income evidence.
Neil ******
@Christopher ************
I already do pay to 2 countries the amount I am supposed to pay. I agree with you. Everyone should be paying their taxes and also not engaging in fraud to obtain visas. That’s how it’s supposed to be.Christopher *************
@Neil *****
I agree Neil ,but the tax loop is tightening here as it is in every country - we all just need to pay our share that's allNeil ******
@Christopher ************
that’s an asinine expectation. Foreigners here before DTV with assessable income frequently never filed their tax reports. And, a lot of digital nomad types feel they shouldn’t pay taxes when they are in other countries where they are supposed to be paying taxes. If government officials are really not expecting a lot of these DTV holders to utilize more than 180 days a year on this visa, they are getting it very wrong.Christopher *************
@Neil *****
it's duration is 5 years total but they don't expect that many to go over the 180 days --- as you become tax resident and will pay amounts of tax remitted to ThailandNeil ******
its a 5 year visa not a 1 year visa. And these people are paying for food and housing.
John ********
@Neil *****
If you apply for the soft power road to get the visa and you don't have to show any earnings, what you said about borrowing, in the UK about £11,300 from family members, for one who in their right mind would transfer that amount of money into a relatives bank account on the assumption that they'd transfer it straight back after applying for the visa. Another thing, if you don't have to prove income for the soft visa route but have to have the 500,000 baht equivalent in your bank account, that amount of money if you don't have any income source is hardly going to last five years considering cost of living, extension fees and the fact you'd have to do some sort of border run after 360 days. Do the immigration, or Thai Embassies/consulates think people who've borrowed the money can then once they've returned it to whoever finance living in Thailand on sweet fuck all?Christopher *************
@John *******
your a moron full stopChristopher *************
@John *******
what are yoh on about ??????John ********
@Christopher ************
Moron, who cares.John ********
@Christopher ************
You got that one wrong in my case 😂😂😂Christopher *************
@John *******
show off --- who caresChristopher *************
@John *******
the tax man is coming for you now 🤣🤣🤣🤣🤣🤣🤣🤣🤣John ********
I forgot to mention, also four wetroom bathrooms.
Neil ******
@John *******
I didn’t say you don’t. I’m talking about the people literally posting they don’t have it.John ********
@Neil *****
How do you come to the assumption that I don't have the equivalent of 500k? Unlike a lot of expats, but not all, when I'm in Thailand I don't live in a pokey one room, plus wetroom hovel. I stay in a three bedroom, two living room, two kitchen single storey house that has five aircons two metre high perimeter wall with a fifteen foot electronic gate. All paid for by myself over the years. Car & three motorbikes. Plus 9 chihuahuas & a British bulldog. So unlike some of the synical expats that think they run Thailand and consistently ridicule the Thai establishment, which as guests in Thailand, it's none of their business the politics of a country their not even Nationals of. There's a lot of lonely expats in Thailand that need to get a life. Waiting with bated breath now to read all the comments slagging me off 😂😂😂Neil ******
@John *******
from what I have seen, nothing for DTV requires a verification of income at all. I don’t think anyone in the Thai government who created, promoted, or is regulating this visa has thought about anything at all. Wouldn’t be the first time. You can go back in this group and look at all the posts of people who don’t meet the requirements and still trying to do these things to do it. If you don’t have 500k in your bank for 6 months, you should probably be at home trying to figure out some better life choices. It’s not a lot of money at all.
Christopher *********
Jakarta Indonesia. I got a soft visa there.
Patrick ********
OP@Christopher ********
how many months of bank statement dis you provide?John ********
@Patrick *******
There seems to be an opinion of all the visa experts that when you apply for the DTV you have to show equivalent of 500k in a bank account for at least six months. Don't know how they know this considering the visa had only been available for a couple of months and I heard differently, that all the Embassies and Consulates are concerned with is that you have these funds in a bank account in your name. Maybe the so called experts are basing their opinion on the likes of 'O' non- immigrant visa extensions for retirement.John ********
Which is two months pre and three months post.
Christopher *********
@Patrick *******
1 statement of my savings account
James *******
London
John *******
From what I see, 3-6 months of bank statements are the norm, not a 1 month old statement.
Todd *********
@John ******
it technically shouldn’t matter one bit. But each embassy can set their own rules.John *******
@Todd ********
- Agree. Just stating what I have seen.John *******
@Rachid ******
I think it varies by embassy (and maybe even by staff member reviewing) 🤪
Rachid *******
@John ******
a few people with approved visa said that it's just 1 month in Jakarta, but it could change soon indeed
Jim ********
Loads of people have said they have literally transferred money into an account and produced a statement so I’m guessing it depends on which embassy is processing the visa 🤷♂️
Brandon ************
I don't believe any of them do anymore. In fact I expect any that are only asking for 3 months will likely be asking for 6 months soon.
Hopefully someone can correct me if I'm wrong.
Hopefully someone can correct me if I'm wrong.
Activity
12 joined12
people
Related
25What are the current bank statement requirements for applying for a DTV at the Thai consulate in Los Angeles?
1.1k1072mo
What are the new requirements for applying for a DTV visa from abroad?
2.6k27162mo
What are the new requirements for the DTV visa application in Thailand?
1.3k1272mo
What are some tips for applying for a DTV visa in Thailand?
1.3k7194mo
Do I need to transfer 500k baht to my bank account for 3 months to qualify for a DTV visa in Thailand?
1k964mo
What does a document request for a DTV visa from the Thai consulate in Shanghai mean regarding financial proof?
1.8k15145mo
Is there a requirement to maintain 500K THB in a Thai bank account for 5 years for visa holders?
4.1k37385mo
What are the steps for applying for a Dependent Visa in Thailand while pregnant and currently on an educational visa?
1.1k1018mo
Is it mandatory to submit 3 months of bank statements for Thai visa applications?
4.1k242510mo
Do you need to show 500K in your bank account for 3 months to apply for a DTV visa in Thailand?
6921210mo
What is the required bank account balance for applying for a DTV visa in Thailand for a family of four?
693221y
Can an investment account be used to prove the 500k baht requirement for a DTV in Thailand, and will I be taxed?
2.3k19191y
Can I use a Wise bank statement as proof of funds for the DTV visa application in Vietnam?
50511y
What are the current requirements for the one-year retirement visa in Thailand regarding financial conditions?
1.5k1321y
What are the requirements for obtaining a Thai visa with funds in fixed deposit accounts?
2.3k21101y
What is the process and requirements for obtaining a DTV visa for soft power Muay Thai in Thailand?
3.9k27432y
What are the UK requirements for showing the 500,000 baht for the DTV visa in terms of time in the bank?
1.6k1142y
Do I need to show proof of 500,000 baht in my account when re-entering Thailand after my 180-day visa?
1.2k792y
Do embassies require notarized bank statements for Thailand's DTV visa?
1k2102y
What are the bank statement requirements for applying for a DTV visa in Vietnam under Muay Thai soft power?
935322y
Can I use a Wise virtual bank account for a 6-month bank statement requirement in Thailand?
1k22y
How far back do I need to show the THB 500,000 in my bank statement for the DTV application?
4.1k34302y
What documents are required for sponsorship on a DTV visa in Thailand?
1.7k452y
What are the requirements for applying for a SETV at the Thai Consulate in Vientiane?
39317y
What documents do I need to apply for a Non-Immigrant O visa in Thailand after my current visa expires?
41527y
Resources
Need help with your DTV visa?
#1 visa agent · 4,000+ reviews · 100,000+ expats served