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What are the financial requirements for applying for a Thai Visa from Canada or Vietnam?

Jul 9, 2025
5 days ago
Long post, but wanting to give as much info as possible, in hopes of getting proper / thorough answers

47 year old Canadian.

I'll be applying in either Canada, or Vietnam...in October

I haven't had an income in over 5 years

Formerly self employed.

Living off savings.

Been traveling nearly 4 years.

Recent 1 year Ed Visa (expired in Feb).

The bulk of my finances is in investments / TFSA.

I pull from TFSA as needed, keeping my bank balance at approximately 10k Canadian.

Question...

-Will the balance of my TFSA be accepted as proof of funds??

-Will my investments?

I can transfer 500 000 bhat at anytime. Should I do this now, in anticipation for applying in several months?

Should I apply in Canada or Vietnam?
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TLDR : Answer Summary
A 47-year-old Canadian expat preparing to apply for a Thai visa in October is seeking guidance on financial proof for the application. They have not had an income for five years, relied on savings, and previously held a one-year education visa. Key questions include whether their TFSA account can serve as proof of funds and if they should transfer funds to meet the required 500,000 THB balance before applying. Comments emphasize the importance of having cash in a personal account for the visa application, with some suggesting to apply in Canada rather than Vietnam for potentially quicker approval. Additionally, there are concerns regarding the acceptance of investments as proof of finances, which can vary by embassy.
Wannikea *********
Definitely apply in the 51st state. Seasoning isn't much of an issue, especially if your bank account was floating $10K CDN before topping up to reach 500K baht
Kaitlyn *********
I would apply in Canada that’s what I did and my boyfriend and we both were approved in 24 hours. Ours are workcations though
Paul ********
@Kaitlyn ********
I was approved within a couple of hours by the Vancouver consulate end of last July. For workcation. Just had to provide my last Tangerine bank statement.
Nick *******
@Kaitlyn ********
How was the process overall for you? What specifically were you asked for to be approved so quickly?
Andi ***********
The 500k needs to be in a personal instant accessible account applying in Vietnam. Best to transfer now/soon to have it seasoned for 3 months. Investments can be used to highlight your financial independence but not for the 500K. You will be applying via the Softpower route?
Anonymous *************
ORIGINAL POSTER
@Andi **********
Andi Traveller correct, soft power (realized I hadn't added that detail when I created the post).

I'm transferring 50k Can to bank today.
Paul ********
Anonymous participant "I'm transferring 50k Can to bank today.". How come so much? 500K THB is only around $21K CAD. I just provided by last Canadian bank statement when I successfully applied last summer. No money transfers required.
Anonymous *************
ORIGINAL POSTER
@Paul *******
because it's money I'll be using to live on for the next year or so.
Andi ***********
Anonymous participant ok so you will be financially set for Vietnam. You have to check with Canada embassy if they accept your investments for the 500k, some US embassies do but i have no idea about Canada.
Anonymous *************
ORIGINAL POSTER
@Andi **********
oh?? I didn't realize they may have different criteria on that. I'll definitely look into it.
Andi ***********
Anonymous participant Yeah it is Embassy specific, you need to check if you apply in Canada.
Anonymous *************
ORIGINAL POSTER
@Andi **********
thank you for your help. I appreciate it
Anonymous ******************
Anonymous participant i applied in hcmc and only had the money in my account for a few days prior to applying. the account which statements i provided was mostly dormant the last few months too. you might get lucky like i did, good luck 🫡
Mary **************
Hi. This is so far what we got when we applied for the DTV

Document indicating current location: Please provide your passport full book including empty pages.

Financial evidence: an amount of no less than 500,000 THB (e.g., bank statements for the last three months, sponsor letter): A deposit account shows the transactions last 6 months in English and the account balance or a combination of a deposit/saving account totaling not less than 500,000baht. Stock/Crypto/Bitcoin/Investment/Business/PayPal account and sponsor are not accepted

I hope this is helpful.
Anonymous *************
ORIGINAL POSTER
Mary **************
This was in HCM