financial proof for visa

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This page displays all the results for the Financial Proof for Visa tag, sorted by the most recent activity. There are a total of 83 questions that have been tagged with Financial Proof for Visa. Explore the questions to find discussions and information relevant to this topic.
Dec 9, 2024
9 days ago
Nway ************
ORIGINAL POSTER
I’m trying to apply retirement visa for my aunt. Does anyone know what 5.3 evidence of foreign currency fund transferred to thailand.

We didnt transfer direct from bank to bank from our country. Is it a must to provide that? If so how should i do it?
Dec 7, 2024
11 days ago
Joseph *******
ORIGINAL POSTER
I just want to clarify the insurance requirement for the LTR visa.

The Thai Consulate website states "... or social security benefits insuring treatment in Thailand."

After going back & forth with the LTR Visa Unit in Thailand for the past several days on exactly what this statement means, it seems that by "social security" they are referring to healthcare coverage an applicant is entitled to from their home-country government. This makes sense, since it is meant as an alternative to health insurance. In the U.S., social security means something different; it is not healthcare & therefore does not satisfy the requirement.

Fortunately for American military retirees, in an email I received this morning, 12-06-2024/2566, from the LTR Visa Unit, "Tricare or US military healthcare [i.e., FMP if one collects VA disability] meets the requirements for the LTR visa, so you do not have to apply for separate health insurance." For those 65 or older, you must opt in for Medicare Part B to retain Tricare coverage, which is then called Tricare for Life.

On a separate issue, once the BOI endorses your application, you are not required to annually or otherwise update Thai Immigration regarding your eligibility, meaning your visa is essentially maintenance free at least until the five-year renewal point. Plus, they said address reporting is only required annually, vice quarterly, & then only if you haven't left the country.

One other note: for Americans, they mostly rely on annual IRS 1040s for proof of income (total reported divided by number of names included on 1040), though this is not a hard-&-fast rule. Letters from appropriate authorities can be submitted as proof, as well as your written explanation for why you don't file taxes or why there might be a discrepancy or two between your stated income & what the 1040 shows. As an example, VA disability is not reported on 1040s.
Nov 28, 2024
20 days ago
DTV Visa Remote Work Taipei (walk in):

I just got my visa today, and I wanted to share my experience because this group has helped me a lot. I thought the process would be easier, so being well-organized is essential. For me, it was quite complicated because the account with the 500,000 Baht wasn't the same one where I received my salary from the company I work for. They really want everything to match up.

1. Financial Proof:

I provided three months' statements showing 500,000 Baht. They reviewed them carefully, even though I think the last month's statement alone might have sufficed. They also cross-check the information on your phone with the bank statement. I suggest converting the amounts from euros or dollars to Baht beforehand—it'll save time and reduce stress.

2. Work Documentation:

In my case, I work for a company through another company, so both company names appeared in the contract. My contract was digital, and there were no issues. What they really care about is seeing the bank transfers from the company to your account and ensuring they match the invoices. As long as the company names on the contract and bank statements align, everything should be fine.

Feel free to ask if you have any questions!
Nov 18, 2024
a month ago
Be cautious about providing proof of financial requirements well above minimum? Has anyone provided proof that you meet the DTV's financial requirements when you have far more in your financial institution than what is required? I have quite a bit more than the 500K THB that is the minimum requirement and feel wary about showing my actual net worth to a foreign government I haven't dealt with before. I could split some of it off into a second smaller account, but I wouldn't have a statement for that new account until the end of November and since I'll be leaving my country mid-December, I won't be here when they mail the visa to me, if I'm approved. Thoughts? Thanks.
Nov 6, 2024
a month ago
When submitting bank balance to HCM - Vietnam, should there be a balance maintained for 6 months or the final balance of 500,000 baht is sufficient? This is for the DTV.
Oct 29, 2024
2 months ago
Tim ******
ORIGINAL POSTER
I've just done my extension based on marriage at Jomtiem today.

Might be of interest to some:

I downloaded TM7 form from Immigration website and filled in at home to save a bit of time. The form has changed so I had to fill in 2 new ones there. You would have thought the immigration website would be up to date 🤔

They also asked if the money, I bring it over monthly, was from a pension. I said yes and she asked for proof which I didn't have. As this is my 5 th renewal she let it go but said it is a new requirement to show where the money is generated from. My guess would be it's to do with this tax thing that's apparently coming in🤔
Oct 27, 2024
2 months ago
Craigus *********
ORIGINAL POSTER
FYI: arrived Da Nang Sunday Oct 20. Applied evisa that night to Thai embassy in HCMC.

Documents were pdfs:

1. a single statement with funds in Australian bank account of 500,000 baht equivalent.

2. Proof of location: passport stamp into Vietnam and receipt from accommodation in Vietnam.

3. My work contract with my Australian company showing I can work remotely.

Evisa received via email on Wed Oct 23 at 10pm.

Now back in Thailand with a 180 day stamp on my passport.
Oct 22, 2024
2 months ago
Marta *************
ORIGINAL POSTER
Just wanted to say thank you to this lovely community for all the support and useful info. Got our DTVs approved today. In case anyone's wondering:

Where: Royal Thai Embassy Hanoi, Vietnam

Dates: Filed on Oct 15th (me) and 16th (boyfriend) and got our approvals today on Oct 21st.

Documents provided aside from the obvious:

* for financial proof: at least 3 months of back bank statements showing more than 500k baht (spread across multiple different currencies) / additionally I showed proof or some money I have invested and I think so did my boyfriend + in the cover letter I also stated that I own a property back home

* for work proof: a short cover letter explaining: what I do for a living and that I can do it 100% online, that I've attached bank statements and clients contracts and an explanation why I'm applying + 2 contracts with my clients + a certificate from one of my clients basically stating that I work online and that I'm an invaluable asset to their company + a pdf of my website showing examples of my work. My boyfriend did the same but a pdf of the website of the company he works with and circled in red a photo of himself in the "employees" section lol

Approved without any requests for additional info yayy.

If anyone has any questions, hit me up! I'll probably be making a video or 2 about the experience for my socials in case anyone's interested (shameless plug) - @nomadicmarta 🤣
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