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Author Topic: Get through Visa process if all your money are in Bitcoin, no bank account  (Read 28 times)
differential350 (OP)
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January 07, 2021, 09:40:27 PM
 #1

I was reading that Bali is now open for digital nomads if they have the "Social Budaya Visa", the one they use to stay in the country up to 6 months. Just a little issue, they need a bank statement showing a steady income.

How do you get through a visa process that requires a bank statement to show your income, when your income is all under the form of cryptocurrencies?
DeathAngel
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January 07, 2021, 10:20:57 PM
 #2

I was reading that Bali is now open for digital nomads if they have the "Social Budaya Visa", the one they use to stay in the country up to 6 months. Just a little issue, they need a bank statement showing a steady income.

How do you get through a visa process that requires a bank statement to show your income, when your income is all under the form of cryptocurrencies?

Briefly transfer all your money into fiat & send it to your bank account? Print off a copy showing the bank balance & then when you’ve done that send it all back into crypto?

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bitterguy28
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January 08, 2021, 02:21:46 AM
 #3

I was reading that Bali is now open for digital nomads if they have the "Social Budaya Visa", the one they use to stay in the country up to 6 months. Just a little issue, they need a bank statement showing a steady income.

How do you get through a visa process that requires a bank statement to show your income, when your income is all under the form of cryptocurrencies?

Briefly transfer all your money into fiat & send it to your bank account? Print off a copy showing the bank balance & then when you’ve done that send it all back into crypto?
But what he is asking is to Prove Banks that you have a Steady income , and this is the same problem people are facing in crypto world in regards when asked about their KYC , Because the statement that You are a full time crypto Worker does not prove anything for them.

Lucky those people like us that has a Regular Job in which we can cover some questions .

jrrsparkles
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January 08, 2021, 03:59:49 AM
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Even though you are making money in bitcoin you still need to convert them into fiat to spend it right? Because we can't spend bitcoin on much places so if you done this you might have transaction history in your bank account. But without bank statement it may get little more time for the visa approval.









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