Can I apply for a Retirement-O visa extension in Thailand with monthly deposits of ฿65,000 instead of 800k baht upfront?

Retirement-O visa Visa extensions Thai bank account requirements 800k baht rule Expat visa guidance

Jul 2, 2023

a year ago

ORIGINAL POSTER

If someone routinely deposited ฿65,000 a month for a year or more, could they automatically apply for the yearlong, extension of stay, Retirement-O when they arrive in Thailand?

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TLDR : Answer Summary

To apply for the Retirement-O visa in Thailand, you must initially show an amount of 800,000 baht in your bank account. Monthly deposits of 65,000 baht cannot be used for the first application; only after maintaining the required amount for a year may you transition to monthly withdrawals for future extensions. You must keep the 800k baht for at least 2 months prior to applying and ensure it's not reduced below 400k during the year.

NON-O RETIREMENT VISA RESOURCES / SERVICES

Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
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Bob **********

No they want the 800k for your first non-o

a year ago

Bryn ********

ORIGINAL POSTER

@Bob *********

Thanks, I’m covered then.

a year ago

Reply to

Bryn ********

Stuart *********

No you can’t use monthly transfers as your initial application for a non O visa in country. You can transition to those provided you meet the initial criteria of the 800k for the first visa application and then leaving it three months after the first application for an extension and not going below 400k for the rest of the year.

a year ago

John **********

If you regularly deposit 65k baht and don't touch it after 13 months you will have amassed the 800k required to apply for a Non-O visa based on being over 50 and also have the 800k required for the initial extension. That extension requires you to have 800k in your bank 2 months before applying for it, keep it there for 3 months from the date of your stamp and never let it fall below 400k for the remainder of the year. If you then continue to send 65k baht every month you can use that to apply for the second extension. Once you obtain the second extension the 400k can be removed.

a year ago

Bryn ********

ORIGINAL POSTER

@John *********

Thanks. If I’ve gone the year with ฿800,000, of course notifying Immigration, can I then simply switch to ฿65,000 a month? I thought I needed to deposit ฿65,000 every month for a year in addition to having ฿800,000 deposited during that year.

a year ago

John **********

@Bryn *******

you do. So when you get the first extension based on 800k baht you need to honour the requirements of that extension and simultaneously transfer 65k baht each and every month for a full 12 months before applying for your next extension. The good news is that you can spend the 65k that you transfer, it just needs to show as an international transfer in your bank book and statement

a year ago

Bryn ********

ORIGINAL POSTER

@John *********

Thanks again.

a year ago

Reply to

Bryn ********

Roberto *********

No. First time they want to see the 800k dosh in the Thai bank account. Future extensions after one year are fine

a year ago

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