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liquid assets
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I’m a bit confused as far as what type of accounts the “liquid” assets need to be in. Most of my money is an Individual brokerage account with Schwab which I can easily access and transfer from same day as long as it’s not a weekend. Do I need to make sure I have the 500k in a checking or savings account with my bank instead or should this be fine?
Hello, apologies if this question has already been answered, but I searched the group history and did not see anything relevant.
Will an IRA account + balance suffice for financial evidence of sufficient funds or does this need to be stored in account that is considered more liquid?
Do Tax Free Savings Account (Canada) work to show as proof of funds? In my bank statements it is under "investments", but in fact I can withdraw money from it.
I was wondering if someone can help me in an issue I am having please.
When applying online in Ho Chi Minh for a DTV, as a digital nomad who works at a company (employee):
Regarding the Financial evidence section (amount of no less than 500,000 THB, etc.) - can I provide the investments (tradable securities) as the 500,000 THB? Or does it have to be my Current Accounts that have this amount?
Or in other words, why is asked in this section exactly? As I know I have to provide 6 months of my bank transactions as well.