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bank account requirements
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Once I leave after my first 6 months on my DTV and come back do I still need to have proof of 500,000 baht in liquid bank account again when i re enter for the next 6 months? I keep majority of my funds in an Individual Brokerage Account so that I’m gaining interest. I’d prefer not to hold that much in a standard checking or savings account.h
Just got my DTV approved. Despite what I imagine was a somewhat unusual situation (applying from Brazil as a US citizen with a Hong Kong permanent address and a Hong Kong joint bank account listing my partner's name alongside mine), I was approved without a request for additional documents. I applied via the soft power route and was approved in 8 working days.
I have no idea whether any of this helped, but here's what I did beyond the minimum requirements to strengthen my application:
* I signed up for a 9-month course with Fitfac Muaythai in Bangkok. They're not the cheapest, but they were very responsive (even over the weekend) and I suspect having the documentation indicate a 9-month course would add credibility and make it easier to extend the DTV in 6 months.
* I applied using bank statements from a joint account that had over twice the minimum balance (i.e. one million THB). I figured if there were any questions about using a joint account, I would be able to argue that I was legally entitled to the minimum funds required for the DTV, even if half of my bank balance were considered to belong to my partner.
* I detailed my recent visa and travel history to Thailand (dates, ports of entry, visa number and work permit number, etc). The purpose of this was to build trust by demonstrating that I've always played by the rules during my time in Thailand.
* I wrote a detailed cover letter explaining all of the above, why I was applying from Brazil, and my interest in the DTV. I tried to anticipate and address any questions. I attached the letter to the course registration documents provided by Fitfac.
* I dressed professionally for the photo and used formal language and formatting in the cover letter. The goal here was to make myself look as bland and predictable as possible.
Hope this helps. Good luck to all who are applying!
Hi all, want to Retire in Thailand in Sept, plan to fly on 31 Aug and apply for Non O retirement visa. I have cash to bank and income on a monthly basis. I have a house
In Roi Et Province with my partner.
What do I need to do? Is it arrive and the request local Immigration for 30 day extension? Open account and deposit money for the 60
Hi everyone. For applying DTV, I have to prove that bank account has 500,000 baht. Can part of it be in a fixed deposit account? Or does all of it have to be in a savings (current) account? Thank you🙏🏻
Ok so I'm a property landlord in uk I earn say 4k plus as a standard income I want to move to Thailand in January 2026 ! Pattya area ! Are there any agents you guys recommend pls ! Tia
Am thinking of applying for a dtv. Is the requirement tk have 500k baht in a Thai bank or in a foreign bank to that value - as I understand you cannot even open a bank account over there with dtv.
Silly question time again. I’ve got advice from this group, that I need a 90 day Non immigrant visa to help with a bank account application. What do I select as purpose of visa? As there is no O visa option just O-A
Either switch to a smart visa (only category remaining is startup) or partner with someone who qualifies. BOI visas like smart and LTR are the only ones that qualify right now and just qualify but have staff that will call up to assist or push an acct opening for you
If funds aren't a problem but the account situation is, this could work. Ideally you have your own biz that may qualify but if not, if partnered with someone, you could just be a minority owner of Thai entity and just get a visa "along the ride". Downside, you'd have to be sure they really plan to do their biz/startup for the long term or at least as long as it takes to...
likely switch back to the retirement visa once you have the acct