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financial requirements for visas

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This page displays all the results for the Financial Requirements for Visas tag, sorted by the most recent activity. There are a total of 50 questions that have been tagged with Financial Requirements for Visas. Explore the questions to find discussions and information relevant to this topic.
Jan 26, 2025
a month ago
Finally, after 1 month, I have the DTV Visa approved and now I can say I'm back to Thailand. Here's the recap in case it can help to someone:

Is going to be a little long, but I'll detail everything as a post like this would've helped me so much and took so much stress out of me.

I Did apply for the DTV as soft-power (muay Thai) WITHOUT the money in my bank and using a sponsor which was my mother.

I do not work, and I don't have these 500k in one single bank, so I wanted to try my mother to sponsor me, as I also did not wanted to send the money in one bank.

I also did not wanted to send the money from her bank to mine as that would mean paying high taxes in my country.

I am a Spanish citizen and I applied in Madrid.

1. Applied on Jan 6

I subitted:

- my informrmation that they require

- Letter from my gym (muay thai)

- Sponsorship Letter, which here I added the following documents:

1. My passport

2. My mom's passport

3. My mom's bank statement showing 500k+ in july

4. My mom's Bank statement showing 500k+ in january (not all 6 months, I only showed two months)

5. Certificate that she is my mother

6. A letter from my mom assuring that if by any mens I cannot afford to live here she'll pay for my stuff. I also added that this would not be a big issue as Thailand is much cheaper than Spain, so if now I was living with her and she could pay for my stuff, it would be even easier to do it in a cheaper country.

All this was submitted in spanish and english

2. couple days later I contact the embassy asking if my situation (not working, and not having the money in my bank) would be the reason to deny my visa. They said they would not approve it.

They told me I MUST have the 500k for at least 6mo and I cannot use a sponsor, Madrid embassy does not accept that.

To make sure they don't link this with my application, i send the questions using another email, but the conclusion was that I would not get approved.

3. after many days, on Jan 15 I found another solution as I see they wont approve the visa. I contact a visa agency and they told me they'll manage to let me in, and I'd have to do it again after 3 months.

4. Jan 16 I buy my ticket to Thailand to fly on jan 19. I had to come back to Thailand ASAP as I have a gf here so I could not wait until they approve or deny it, specially after the email they sent me.

5. Jan 17 my visa got moved to pending approval (i was excited). Few hours later again to Document check

5. jan 19 i fly to Thailand and enter the country on the 20.

6. Jan 21 they request a photo of me with white background. At this point I had two theories. 1. they checked all and it's all good, the only problem is the photo, so once submitted they'd approve it. 2. They check documents one by one and they stop checking if they see there's one that is not good. meaning they'd probably see the photo was not good, they requested me a new one and once they receive it they'd go to the next doc. and so on and so forth.

7. Jan 21 I got approved few hours later but I was in Thailand. At this point I was so excited and also worried as I knew I'd had to leave and maybe they wont let me in as It got approved while I was in the country.

8. Jan 22 I fly to Malaysia

9. Come back on jan 25 and I was able to come in without ANY problem.

Now I can happily say that I'm writing this in my condo in Thailand with a 6 months stamp.

Conclussions:

1. Apply with time

2. try to add all docs, even if you think is not necessary, just add it, it will speedup the process.

3. Don't really stress on what they say, because even if they say something, the reality can be different.

I know there's not many posts about being sponsored and with soft-power, so If you have questions, please leave them and I'll try to help you out.

I wish you the best luck to everyone and I really hope this post helps you as much as others did to me in this group.

Thank for the people who participate and moderate this group too. It was really helpful.
Jan 3, 2025
2 months ago
Ben *************
ORIGINAL POSTER
For the 500k baht, how long does the money need to be in your account for? Does this vary from embassy to embassy?
Dec 29, 2024
2 months ago
I am looking to relocate to thai early next year. Atm if I can prove monthly income of $3000 a month though I may have the 500,000 thb saved up before then but if I don't before I need to leave is the $3000 monthly sufficient ? to get a DTV VISA ? And I researched it's validity is 6 months at a time. Is visa runs legal ? Let's say I go to Vietnam for a few days and return to restart a new entry ??? Please advice
Dec 2, 2024
3 months ago
A Muay Thai (soft power) DTV applicant here. My question is, some people claim that I can show the bank statement of my father, some people say it has to be my personal account,family account is not accepted. I read a few posts about people bringing a sponsorship letter from their parents and use their statements for the visa. What was your experience? Did any of you accepted this way?
Nov 16, 2024
3 months ago
Guy ********
ORIGINAL POSTER
I’ll likely have to change my retiree visa from retiree to DTV next year because I had to dip into my 800k to take care of an emergent need.

Do I have to go back to the USA to file the DTV e-visa or can I do it closer to Thailand, say in Vietnam?

I have an LLC in the states so I can restart my subcontracting for the DTV. Thoughts?
Nov 1, 2024
4 months ago
Barry ********
ORIGINAL POSTER
Edit: My IO is in Jomtiem.

Hello, my non o visa is due for extension on 10 December 2024, under the 800k method. My plan next year is to use the 65k per month when I renew on 10 December 2025. So my question is, if I want to change method, when do I need to make the first 65k transfer please ? My plan is to commence 65k transfers in November 2024 so by the time I try for extension in December 10 2025, I will have 12/13 monthly transfers to show. Does this work? Another question is, I intend to withdraw 400k, 3 months after my 2024/5 extension, do I have to keep 400k until 2 months before December 2025 when I change methods ? Do I put the other 400k back in 2 months before, so that when I change methods in December 2025, I have 800k and 12 months receipts for the 65k method? A long post sorry, I couldn’t see this in previous posts. Thanks
Oct 20, 2024
4 months ago
Hello, Im working online as freelancer designer and I receive my payments through Payoneer. I would know if Payoneer bank statements will be accepted by the embassy or it should be a traditional bank. Because my traditional bank is empty and the 500k is available on Payoneer. Thanks.
Sep 15, 2024
5 months ago
David **********
ORIGINAL POSTER
Marriage visa requirements include maintaining 400,000 THB in a Thai bank account for two years, and the funds must remain lodged in the bank throughout the duration of the visa extensions.

After the second year is completed, can it be withdrawn?
Sep 11, 2024
5 months ago
Olivia **********
ORIGINAL POSTER
Hello everyone!

I just got my DTV approved at the Thai Embassy in Vientiane. I applied on Monday and just received it today (Wednesday).

It was very, very easy and I highly recommend applying for it there!

All you need is the following:

- Visa Application Form (with 2 x pictures)

- Passport copy of biodata page

- Document showing your current location (driver's license)

- Visa fee of 10,000 THB

- 6-month official bank statement showing a minimum of 500,000 THB

Proof of Purpose of Visit:

- For remote workers: Certificate of Employment, Employment Contract, personal tax return, and payslips (if applicable)

- Professional portfolio showing your business, including your resume/company profile and screenshots/photos of your business

Cover Letter including:

- Cover page and table of contents

- Self-introduction: name, age, passport number

- Statement of purpose

- Details about your company and the nature of the business

- Explanation of your workflow: how your freelance career operates and how you work remotely

- Assurance that you will not take away jobs from locals or take on local clients

But most importantly you need to have an appointment before going there which can be done online (I had booked mine a month in advance).

You can already go early in the morning and drop you application, regardless of your queue number.

Feel free to reach out if you have any questions!

Best of luck to all of you!
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