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expat finance
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Knowing your expertise, I’d really appreciate your advice on my situation, best practices, and any feedback you can share.
I want to apply for a DTV Workation Visa.
I’m Spanish and I own a US LLC (Solo owner) where I build sales systems for coaching/courses businesses on social media , operrating only on the Spain market.
Here’s my financial setup:
* I don’t pay myself a salary. No payslips.
* I mainly use the LLC account for bigger expenses (rent, big bills, etc.) and only transfer small amounts occasionally to my personal account for daily expenses.
* Currently, the LLC account has around €4.5k liquid cash available And regular transfers and payments from clients.
* In my personal account, I just added THB 560,000 as proof of funds, i have regular daily expenses there that i can show in my statement for 6 months.
* The LLC receives €4–7k monthly, all of which I can prove with invoices issued to clients.
* At the end of each month, the LLC balance is usually around €1–2k because I reinvest most of the income.
* I am the sole owner of the US LLC, but I’m Spanish.
👉 Do you have any recommendations to increase the chances of approval? For the financial side i plan to show my personal account with the ending balance of 560k THB + My Biz account with regular transactions and income + Client bills proof.
👉 For those who submit client contracts, do you also translate them? If so, how?
👉 I won’t apply in Spain as have slow bureaucracy, but in Asia (Jakarta / Manila / …).
This is the second time they’ve asked me for additional documents in regards to financial evidence.
Applying in Indonesia - Jakarta Consulate
I have 10K USD and 10K Euro in two separate checking accounts (but with the same bank)
I did highlight the balance + start and end date for my documents. I guess my documents say April-August, but since I haven’t made any transactions in the account since April so there isn’t a new transaction line for anything in August.
I did include a cover letter explaining that there is money in two accounts both for the 3 month period.
Or is the issue that I have the money in two separate accounts? Looking through this group I saw a number of posts from people who were able to use two accounts - even though I know it also said one account is better
I can move the money into a single account - but then it wouldn’t look seasoned?
Is anyone having problems transferring money to kasikorn bank this week. I send money there regularly using wise but for some reason this time the bank says it hasn't arrived although I had confirmation it had from wise
I have account in K Bank. I tried to increase the transfer limit from 50k TB on the bank app.But would not let me. I called to KBank today to ask them to increase it. Was told 50,000tb is maximum transfer for all foreigners. Anyone else have this problem. I don't have same issue with Bangkok bank.
Hi hope you don't mind me asking question here,I'm coming over in April is revolut any good for cash transfer.ok sorry my pension gos into revolut so I'd be taken money out end of the months .so it's 250 tbh every time use the machine
I am leaving for Thailand on retirement visa initially with non O visa via Siamlegal.
As understood Australian Authorities allowed maximum A$ 10000 in cash carriage to overseas. I have WISE ACCOUNT and TRAVEL MONEY CARD and COMMON BANK ACCOUNT. My question is what is the best way to transfer the money requirement of THB 800000 in Thai Bank account for retirement visa. I am looking foward your valued inputs.
Hi, can someone tell me what exchange rate does the embassy use? Like how much is 500k THB in EUR, USD? I googled it but i doubt they use the same exchange rate.