What is the best approach for freelancers and business owners to obtain a DTV visa in Thailand if funds are held in a company bank account?

Thai DTV Visa Visa Requirements Freelancers Business Owners Personal vs Business Bank Accounts Immigration Consulate Procedures Proof of Funds Single Member LLC

Sep 24, 2024

3 months ago

Martino *******

ORIGINAL POSTER

A question about DTV for a business owner.  Let's say that you are the sole owner of a private company.  

So you own all the money from this company but you send every month the money on your personal bank account that only have the money from the month expenses. 

In these cases, what you can do?   They say that the money should be in your personal bank account for 3 months in some embassies, did somebody manage to have accepted the money in the company bank account or that the money was sended in the personal bank account before the request of DTV?  

I'd like to try to ask in Jakarta or in Phnom Penh soon about the DTV for freelancers, wondering if somebody had the same issue and resolved it.

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TLDR : Answer Summary

The discussion revolves around the challenges faced by business owners in proving funds for a DTV visa in Thailand, particularly when funds are maintained in a business bank account rather than a personal account. Participants share experiences, indicating that some consulates do not accept business accounts as proof of funds for visa applications. Suggestions include temporarily transferring funds from a business account to a personal account or providing proper documentation of sole ownership of the business. Some members have successfully changed their visa categories when faced with difficulties.

DTV VISA RESOURCES / SERVICES

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James *******

I had same situation today. I tried explaining to them it’s a Single member LLC and I control all the money and it’s the same as a personal checking account and provided a document from my business bank account proving I’m the sole owner of the account

They said no. Don’t accept any business accounts for proof of funds. Perhaps a different consulate could let it slide but I did not have any luck with this

3 months ago

Martino *******

ORIGINAL POSTER

@James ******

what consulate did you try? I think maybe the best solution is to temporarely send the money from the business bank account to the personal bank account. I heard people here said that they did and this get accepted.

3 months ago

James *******

@Martino ******

yes this would work. Vientiane Laos 🇱🇦

3 months ago

Reply to

James *******

Klee **************

I was unsuccessful as a business owner, it seems they want a letter from an employer saying you can work remotely, I tried to write my own letter, giving myself permission to work remotely, which is 100% accurate, but in the end I changed categories to "soft power activities" and got my DTV Visa easily that way, lesson learned

3 months ago

Martino *******

ORIGINAL POSTER

@Klee *************

i have multiple clients, i have few contracts as a proof, i'm quite famous and a portfolio, let's see if it will be okay from them

3 months ago

Paul *********

@Klee *************

get your clients to write a letter

3 months ago

Klee **************

@Paul ********

I just applied under "soft power activities" and was approved the next day, very easy

3 months ago

Reply to

Klee **************

Mike *****

I am a business owner and I only showed my business bank account. Besides, I showed proof I am the owner of the business. This because only my business name is showing on the bank statement. In the Netherlands this can be done with an extract from the Chamber of Commerce.

3 months ago

Martino *******

ORIGINAL POSTER

@Mike ****

interesting i have to check if is the same in UK

3 months ago

Piergianni ******

@Martino ******

I am interested too regarding the UK

3 months ago

Reply to

Piergianni ******