What are the financial requirements for a DTV visa in Thailand, especially regarding the 500,000 Baht bank account condition?

DTV visa financial requirements Thailand visa regulations bank account requirements embassy policies retirement account funds

Sep 9, 2024

3 months ago

Joshua *******

ORIGINAL POSTER

DTV Requirements: Clarification Needed

I'm looking for clarification on the financial requirements for a DTV visa. Specifically:

1. Does the 500,000 Baht need to be in a bank account for a specific period of time before applying? If so, how long?

1. Would funds in a liquidable retirement account (such as a 401k from a previous employer or a Roth IRA) be acceptable if they can be cashed out if needed? Or do the funds need to be in a regular bank account?

Any insights or experiences would be greatly appreciated!

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TLDR : Answer Summary

The financial requirements for a DTV visa typically include holding 500,000 Baht in a bank account. The preferred duration for which this amount should be maintained in the account varies by embassy, with most recommending a minimum of three months, while some may require up to six months. Additionally, funds in retirement accounts like a 401k or Roth IRA are generally not accepted; most embassies require the funds to be in a regular bank account. However, specific requirements can vary by embassy, leading to differing experiences among applicants.

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Simon *********

I provided my most recent bank statement which was for only 1 month. This was accepted in London.

3 months ago

Kool *******

There is no difference between embassies, and consulates about the equivalent to bt500,000 being in a bank account. What has been seen as varying is how long different embassies want to see that cash being in your account, with most going to 3 months minimum, and a few requiring 6 months that the cash has been in your bank account. They all only accept bank accounts.

3 months ago

Bob **********

If it helps most posts I’ve read say 6 months

3 months ago

Chris *******

@Bra****

says it is completely embassy specific what qualifies.

And it's like the wild west because there is no official guidance.

Each embassy has their own take on it.

3 months ago

David ****************

Most likely in a regular account.

3 months ago

Joshua *******

ORIGINAL POSTER

@Chris ******

Gotchya. Thank you for the clarification.

3 months ago

Reply to

Joshua *******

Brandon ************

There is no clarification. This is because each embassy sets their own policy. Asking the question in the format you've asked will just get a bunch of people replying with different answers because they all used different embassies.

3 months ago

Joshua *******

ORIGINAL POSTER

@Brandon ***********

ah, bummer. Thanks for the clarification.

3 months ago

Reply to

Joshua *******

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