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Will my non-bank liquid savings be accepted for sufficient funds when applying for a DTV visa in Thailand?

Thai visa DTV sufficient funds embassy requirements liquid assets visa application process bank account financial proof for visa expat advice Thailand immigration

Oct 13, 2024

2 months ago

Boaz **********

ORIGINAL POSTER

Hi

Regarding sufficient funds for travelling in Thailand with DTV .

If I have savings which are not in a bank account , but liquid.

Do they acknowledge that?

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TLDR : Answer Summary

The conversation discusses whether liquid savings not held in a bank account are acknowledged as sufficient funds for the DTV visa in Thailand. Multiple commenters suggest that embassies typically require proof of funds in the form of bank accounts, as they want to see funds that are easily accessible for at least the past 3-6 months. It is recommended to contact the specific embassy for clarity, as requirements can vary, but generally, bank statements are deemed necessary for proving financial stability.

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Nin *****

Had to show my bank statement, a screenshot wasn’t acceptable

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Robert ********

Reason to show money is “can you support yourself?”

That is only proven if it’s in a bank account.

Whatever else (insurance) can be broke next minute.

(Banks can too, but way harder and usually the government catches them)

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Frankie *******

Bring some funds like $40,000 baht with u incase u r asked upon at arrival

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Tracey ********

Just put it in the bank like everyone has to. Every visa has rules to follow.

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SJ *******

Mate scrape the powder off unroll it iron it straight and take to the bank but deposit it in small amounts over a period of time to avoid suspicion.

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Matthew ********

A lot people invest the spare cash in funds shares bonds houses bitcoin savings gold pensions etc .. not everyone has a spare 15k sat in current account think that’s what he getting at ..

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Ellen *************

@Matthew *******

but it’s what’s required 🤷🏻‍♀️

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Ellen *************

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Rok ********

They usually want to see instant accessible funds in the bank account for up to last 6 months. The embassy you will apply through will tell you much clearer.

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Janelle *****

Sounds like you have money you can’t easily liquidate. What you’ll wanna do is take out an collateral loan against your assets

Idk what your country’s financial products are , but in the USA if you have investments , bonds, or term life insurance (infinite banking

You can take out a loan against your assets or even cash out the life insurance while living

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Ellen *************

🇮🇱

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Ellen *************

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Lynnette *******

The embassy will tell you. Or tell them you don't want to follow the rules set up for DTV and can you do something different.🤷 .

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Josh ****

Savings or checking account

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Greta *****

מספיק עם השטויות

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Divya **********

Ask the embassy you're applying to. But 99% of the time they want to see the money in the savings bank account under your name. Some embassies also want to see that money sitting in your bank account for the past 3 months at the least.

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Ellen *************

Is there some reason you can’t have a bank account? I’ve never been to a country that when they wanted to see my finances they didn’t want to see bank accounts 🤔

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Boaz **********

ORIGINAL POSTER

I have a bank account but I dont have in

*****

00 thb in it, I have it in other savings that are not in a bank. the money is in invetments outside the bank. Such as insurnace companies.

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Ellen *************

@Boaz *********

they aren’t really interested in assets. Do you need that specific visa? Are you staying? I’m just curious because there seems to be a huge influx of Israelis recently.

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SJ *******

@Ellen ************

why wouldn’t there be after what has happened to their country. First attached by Hamas then by Hezbollah and now Iran.

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Boaz **********

ORIGINAL POSTER

@Ellen ************

I’m interested in DTV.

It is money on my name just not in my bank account. In insurance company. The money is liquid. And I can show it

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Kool *******

@Boaz *********

that is not accepted.

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Jason ******

@Boaz *********

you need to show money you can access to support yourself while in the country ,money tied up in investment isn't like accessible money for living on . 🙏🏽

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Tore *********

@Boaz *********

that wont work.

Money on bank account!

And several embassies require the balance to have been over the requirement (500k) for 6

Months. While others only care about current balance.

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Ellen *************

yes, I forgot about that!

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Ellen *************

@Boaz *********

I honestly don’t know. It seems you are really set on them accepting it the way you have it but I think most of us in the group that can answer you, have all had the experience that they want it in a bank account. Perhaps there is another way. 🤷🏻‍♀️

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Ellen *************

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John **********

By liquid I assume you mean in cash. That's not acceptable

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Boaz **********

ORIGINAL POSTER

No I don't mean in cash I mean I can make it cash.

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Ken ***********

@Boaz *********

if you can make it cash, then do so and then deposit in a bank

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John **********

@Boaz *********

not sure what else liquid means but no. The money must be in a bank account

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David ***

@John *********

he probably has bottles of booze he can sell for cash 😁

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David ***

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

Ask the embassy you want to apply at. They set the rules and make the decisions. Each embassy is different.

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

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