Answered4 years ago
Can I bring cash and exchange it in Thailand for the retirement visa bank requirement?
So just a question about the 800,000 thb needed in the bank, when applying for the lets call it retirement visa. If i have brought into Thailand some of my country's currency, and use the Bank where my account is to exchange the money and place it directly into the account, is that ok?. Or do the records have to show it coming from a foreign bank of mine? Tia.
Answer summary
The requirement of having 800,000 THB in your Thai bank account for the retirement visa (NON-O) must typically originate from a foreign bank account, especially in locations like Bangkok. Simply bringing cash into Thailand and depositing it may not suffice for immigration. It's advised to transfer funds directly from a bank account in your home country to meet the requirements. Additionally, there is debate about whether cash declared at customs could be used as proof of the source of funds, but this largely depends on the discretion of the immigration officer at the time of application.
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Eze ********
Out of interest, if the money was brought in in cash and declared at customs on the way in, would the declaration form count as proof that the money came from abroad? I'm not actually sure what documentation you get from customs in that situation.
Tod *********
@Eze *******
it's debatable, and at the end of the day would come down to the immigration office and officer you're in front of when you apply.Tod *********
Okay, listen up people, this person is asking about BRINGING cash with them to open an account IN thailand to get the Non-O visa issued INSIDE the country.
What they are not talking about is getting the Non-O visa issued in their country at the thai consulate before they wing their way here by showing proof of funds in their country.
Let's keep it ON topic. If you have questions about the process of getting the non-O visa outside the country make your own post.
What they are not talking about is getting the Non-O visa issued in their country at the thai consulate before they wing their way here by showing proof of funds in their country.
Let's keep it ON topic. If you have questions about the process of getting the non-O visa outside the country make your own post.
Wayne ********
From what my friends who have encountered that problem have told me they had to show proof at immigrations that the money came from outside of Thailand. They would suggest to me that I transfer the money into the account from your home country account. This was at immigrations in Hua Hin
Paul *********
The 800k have to be transferred from abroad straight in to my thai bank account?
Ellie *******
@Paul *******
, your funds have to be shown as international transfers in your Thai bank record through whatever route.
Giovanni ****************
@Ellie ******
yea. I did the same. Also ask the bank a stamped letters stating it is an international wire.Paul *********
@Ellie ******
thanks!
John **********
@Paul *******
yesPaul *********
@John *********
ok thanks!Tod *********
NO it would not work at all at the offices that have the policy where the 800K baht has to originate from abroad (like bangkok) for your initial Non-O visa application.
Dean ********
OP@T**
. Thanks! That clarifies that then! A bit of a bummer, but tis what it tis!Tod *********
@Dean *******
now keep in mind not all offices have that "proof of foreign origin of funds" for the 800K baht banked money (Chiang Mai doesn't and I think Phuket doesn't either) just that the funds are IN a thai bank account in your name only on the day you apply for the Non-O visaDean ********
OP@T**
. Thanks for your patience and time pointing me in the right direction. Ill give that a go in the next few days and report back. Much appreciated mate.Tod *********
@Dean *******
OR post on a chiang mai f/b page and ask, some one has had to recently done an in country O visa up thereTod *********
@Dean *******
you won't get it in writing, I'd probably try to talk to the section that takes Non-Immigrant Type visa applications at the Chiang Mai main immigration office by the airport
You're far from the first foreigner to wanna get a 90 day non-O using banked money method. I'm sure the question comes up over and over, just go ask. It'll either be yes has to be a foreign transfer or no it doesn't
Dean ********
OP@T**
. Shall do. Any Idea how i would go about this to get a definitive answer at the immigration office? Who would I want to be speaking to? (as in what level of bureaucrat?) And I suppose I would be wanting this in writing?. Given the application of some of these regulations appears adhoc and regional and lets just describe it as flexible, id hate to be ruining it for others , by forcing a ruling on something that may presently be being applied at an individual level at the discretion of the IO... or should i just be asking the question in a oft handed way to test the waters, and if thats the case, who would you think (bureaucratically speaking) would i be asking this to?Tod *********
@Dean *******
then CHECK with them first, just to confirm it's that wayDean ********
OP@T**
. Cheers . That actually simplifies matters for me, as Im up in CM, and would be applying here.Activity
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