Answered10 months ago
Can I apply for a Non-O retirement visa in Thailand using my home country IRA funds and cash from a car sale?
Question about applying for non O retirement in my home country. Can I use my IRA retirement account with stocks and CDs to show 800k seasoned in my account , then use cash from a car sale for my Thai bank account when I arrive ?
Answer summary
This post discusses the process of applying for a Non-O retirement visa to Thailand while living abroad. The user inquires about using their IRA retirement account and proceeds from a car sale as proof of financial stability to meet the 800k THB requirement. Responses indicate that proof of funds from the home country may be accepted, and emphasize the importance of obtaining and seasoning the required funds in a Thai bank account before applying for a yearly extension.
11 repliesnewest first
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John **********
I'd surprised but it will depend where you apply and who looks at your application
James ********
It's likely that you also could use those assets you NOW have in your home country to obtain the OA visa for retirement. It's a one year Visa AND can be extended a second year. No funds needed in a Thai bank account. Explore the opportunity by looking at your home country Thai Embassy or Consulate for the OA visa requirements.
Vin *********
@James *******
if OA, you also MUST have 1 uear insurance policy meeting Thai specifics.James ********
Along with other requirements for the OA visa. The real reason that the OA visa is liked by many is the fact that you never have to deposit 800,000 Thai baht in a Thai bank account in your name only. There are Americans who use the OA visa for 2 years then return to the USA and apply for a New OA visa for retirement.
Scott *******
OP@James *******
USAJames ********
Which State in the USA
James ********
Pardon me but it does have relevance. You must apply for any Thai Visa in the USA with the Thai Embassy or Consulate which services the STATE where you live in the USA.
Vin *********
@James *******
State is of no relevance to visa.James ********
What is your home country?
Tod *********
You can use proof of funds in your country to show you meet the financial requirements to get the 90 day Non-O visa based on retirement.
As far as will that be accepted, it's going to come down to who's approving your documentation.
All you can do is apply, they'll email you if it won't work
Get here, get 800k into a Thai bank account in your name only, let it season 2 months, then apply for the yearly extension
There is no requirement that the funds for a year extension originate from abroad.
As far as will that be accepted, it's going to come down to who's approving your documentation.
All you can do is apply, they'll email you if it won't work
Get here, get 800k into a Thai bank account in your name only, let it season 2 months, then apply for the yearly extension
There is no requirement that the funds for a year extension originate from abroad.
Scott *******
OP@Tod ********
thanks.Activity
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