Hi everyone, thank you so much โ your posts have been incredibly helpful and I really appreciate this community! ๐
I have a question about the financial documents for the DTV application. I'm planning to apply from Taiwan.
I currently have the following:
* 5 million JPY in a fixed deposit account (fully liquid, I can withdraw it anytime). This is approximately 1.1 million THB.
* 500,000 JPY in a regular bank account, which is about 110,000 THB.
I read from previous posts that PayPal is not accepted, so Iโm not planning to submit that.
However, most of my income in the past year has been received through PayPal, and I havenโt been transferring it to my bank account regularly.
This is because the Japanese yen has dropped significantly in value, and my Japanese bank requires me to convert the funds into JPY when withdrawing from PayPal, which Iโm trying to avoid.
So, while I have enough income and transaction history in PayPal to prove financial stability, I understand this might not be valid for DTV.
Just to confirm: would income shown in PayPal still count if not withdrawn into a bank account?
Also, regarding the fixed deposit โ I know itโs liquid and accessible, but can it be used as valid financial proof for the DTV?
I run my own business and do not have any income from Thailand, so I believe I meet the other criteria.
But Iโm a bit unsure about whether my current documents for proof of funds and income are acceptable when applying in Taiwan.
Any advice would be greatly appreciated! ๐
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TLDR : Answer Summary
An expat is seeking advice on financial documents for applying for a DTV visa from Taiwan. They have savings in a fixed deposit and a regular bank account and have received most of their income through PayPal. They express concern about whether income from PayPal is acceptable, as it hasn't been transferred to their bank account. Comments suggest confirming whether fixed deposits can count as proof and recommend having clear documentation of all funds.
I think you will need to double check with Taipei if they accept a fixed deposit with immediate access. When I applied there, they were very particular on funds in a personal bank account and being able to see where the 500K comes from. Maybe easier to top up your bank account to get to the 500K THB. Your PayPal account is acceptable to demonstrate income deposits, using it for evidencing the 500K is where it can be unacceptable. Remember to submit your Jigyou touroku shoumeisho - business registration certificate.
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