ask
Search
Ask
Answereda year ago

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

Anonymous *************
asked Jul 9, 2025
2.2k
views
16
replies
2
likes
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?
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.
16 repliesnewest first
8

Click comment and we will ask for your email, then OTP, then name.

Wannikea *********
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 *********
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 ********
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 *******
Nick *******
@Kaitlyn ********
How was the process overall for you? What specifically were you asked for to be approved so quickly?
Andi ***********
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 *************
Anonymous *************
OP
@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 ********
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 *************
Anonymous *************
OP
@Paul *******
because it's money I'll be using to live on for the next year or so.
Andi ***********
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 ******************
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 🫡
Anonymous *************
Anonymous *************
OP
@Andi **********
thank you for your help. I appreciate it
Andi ***********
Andi ***********
Anonymous participant Yeah it is Embassy specific, you need to check if you apply in Canada.
Anonymous *************
Anonymous *************
OP
@Andi **********
oh?? I didn't realize they may have different criteria on that. I'll definitely look into it.
Mary **************
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 *************
Anonymous *************
OP
Mary **************
Mary **************
This was in HCM

Activity

8 joined
Anonymous *************
Anonymous *************
Anonymous *************
Anonymous *************
Anonymous *************
Anonymous *************
8
people
Destination Thailand Visa (DTV)
...members
Member 1
Member 2
Member 3
Member 4
Member 5
Member 6
Member 7
Member 8

Related

25
What financial requirements must I meet before arriving in Thailand on a Non O retirement visa?
1.3k1494d
How can I ensure I meet the financial requirements for a Non-O retirement visa in Thailand?
1.2k1263mo
What are the financial requirements for the DTV application in Vientiane, Laos?
494425mo
What are the requirements for a Moroccan applicant applying for the DTV Visa for Muay Thai training?
378235mo
Can I use money from an ISA account for a Non-O Visa application in Thailand?
7.7k381546mo
What should I do if my application for a workation visa at the Thai consulate requires additional documents?
2k17168mo
What are the requirements for UK citizens applying for a retirement visa in Thailand and is having property in Pattaya beneficial?
11.8k871658mo
What are the requirements for showing bank statements when applying for a Thai visa from abroad?
2.3k21169mo
What are the requirements for applying for a non-retirement visa in Thailand from Vietnam?
86871y
What is the process and timeframe for applying for the Digital Nomad Visa (DTV) from Brussels or Paris?
1.7k1661y
What are the financial requirements for the Thai DTV visa at the Sydney embassy?
494311y
What are the requirements for proving financial means at the Thai embassy in Sydney?
335111y
Do you need to show a bank balance of 500,000 baht for 3-6 months for a Thai visa?
3.5k28301y
What are the requirements and tips for applying for a Thai Non-Immigrant O (Spouse) Visa through the Canberra Embassy?
2.4k16231y
What forms of proof can I use to demonstrate the 500,000 THB requirement for my visa application in Thailand?
1.3k1091y
How can I provide proof of funds from multiple bank accounts for my Thai visa application?
1.6k10112y
Do all 6 months of bank statements need to show a balance over 500k for Thai Visa applications?
3.5k22282y
What are the financial requirements for obtaining a DTV visa in Savannakhet, Thailand?
9.5k611382y
What are the requirements for obtaining a marriage visa in Phuket?
1.2k883y
Has anyone recently had success obtaining a Volunteer O non-immigrant visa in Thailand?
1.6k1475y
How can I obtain bank statements for my METV application if I have no transactions?
3.3k29227y
What are the financial requirements for a Non-Immigrant O visa based on marriage in Thailand?
866538y
What is the experience and process for obtaining a Thai Visa from the Consulate in Seoul?
1k769y
Who should I put as my guarantor on the application for a non-immigrant O visa for guardianship in Thailand?
1.2k959y
What are the differences between proof of funds required for a Thai visa and at immigration upon entry?
2.5k9419y

Resources

Need help with your Thai visa?