Answered9 years ago

Are stocks and bonds sufficient evidence for the deposit account requirements of a 5-year Non-Immigrant OA visa in Thailand?

Non-Immigrant OA Visa Thailand Visa Requirements Visa and Immigration Deposit Account Requirements Health Insurance Stocks and Bonds

Thomas ****

asked Mar 5, 2018

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I was looking at the Sydney Thai Consulate website and it states that there is a 5 year visa (assume it's OA since it follows directly under that section) that is available to citizens of a select number countries.  Additional requirements are "deposit account of at least THB 3M, or statement of income with an annual amount of more than THB 1.2M, or a deposit account plus monthly income with a total amount of THB 3M a year. And evidence of health insurance from a Thai insurance company.

The link if any one is interested,click on Non-immigrant visa  - [members only]

My question  - are holdings of stocks and bonds sufficient evidence of a deposit account or does it have to be cash?

Answer summary

The post discusses the requirements for a 5-year Non-Immigrant OA visa for Thai residency, including financial conditions such as maintaining a deposit account or proving annual income. The user inquires whether holdings in stocks and bonds can be considered sufficient evidence for the required deposit account. Comments clarify that typically, cash deposits in a Thai bank are necessary, and that a brokerage account does not meet the deposit requirement.

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Tod *********

I think this goes over it a little more as far as the requirements

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9 years ago

David **********

I saw that before and im sure if cash? it has to be deposited into a thai bank, im pretty sure the one i saw was for retirement non O, im not sure about bringing all that cash here as the Thai Bhat is strenghening ,

9 years ago

David **********

This is the one i saw

9 years ago

David **********

9 years ago

David **********

From siam legal

9 years ago

David **********

Ok cool

9 years ago

Thomas ****

@David *********

yes those are part of OA application.

9 years ago

David **********

All good and im sure there are police checks and medicals too

9 years ago

Thomas ****

The blurb on the Sydney website didn't state it needs to be in a Thai bank account though. Thanks anyway. Not going to lock up at that cash in a Thai bank.

9 years ago

William *******

A brokerage account is not a bank deposit account.

9 years ago

Robert *******

It is actually the Non Immigrant O-X Visa and only for: citizens of Japan, Australia, Denmark, Finland, France, Germany, Italy, Netherland, Norway, Sweden, Switzerland, the United Kingdom, Canada, and the United States.

9 years ago