Can I Change My Non Immigrant O-B Visa to a Retirement Extension If My Funds Aren't Available Yet?

Non-O Visa Retirement Visa Visa Extension

May 22, 2020

4 years ago

ORIGINAL POSTER

Hello,

I am currently on an extension of a Non Immigrant O-B visa, but they only gave me less than 60 days this time. I will need to change to an extension based on retirement, but when my current extension expires (23 June), the 800K will not yet be on my account for two months (it arrived on my account 7th of May).  The immigration website states clearly that there is “No need to extend visa”. But I also read that things are interpreted differently in some provinces, and also that a 1 year extension needs to be extended before its actual expiry date. That would mean that I need to apply for a new visa after the 7th of July. Is it correct that I need to apply for a new visa based on retirement in my home country? Or can that be done in, for example, Vientiane? Thanks in advance, Paul (Cha-Am)

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TLDR : Answer Summary

The user is currently on a short extension of a Non Immigrant B visa and plans to switch to a retirement visa before their current extension expires. However, they are concerned that the required 800,000 THB funds won't be in their account for two months by that time. They seek clarification on whether they need to apply for the retirement extension in their home country or if it can be done in a neighboring country like Vientiane.

NON-O RETIREMENT VISA RESOURCES / SERVICES

Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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Robert *******

The day you sell the business you have to cancel the work permit and your Extension of Stay based on employment, which is now until 23 jun. If you do not sell the business before that date and you do not have for 2 months the 800.000 Thb on a Thai bank account on your name, it is a little to the leniency of the Immigration office as they only give you around 45 days to prepare a change. i would go and talk with them, alternative is leave the country, get a non Immigrant O visa based on being over 50 years of age but that has to wait until Thai Consulates are open and borders are open to return

4 years ago

Paul *******

ORIGINAL POSTER

It was a difficult process this time. I am on a business visa for 13 years now, but due to several reasons (Corona being one) my business is not going well, so having been on a loss last year and not having enough staff anymore, were the reasons for not giving me an extension for one year anymore. They gave me a bit more then 45 days to try to comply to the rules for this extension.

But now I have decided to sell my business and go for an extention based on retirement

4 years ago

Robert *******

Why did you only get less then 60 days when you applied for a 1 year Extension of Stay based on employment? There must be a reason for this strange amount of days for extension

4 years ago

Paul *******

ORIGINAL POSTER

Sorry a Non immigrant B. Business Visa.

4 years ago

Benjamin ******

What's a Non Immigrant O-B visa? Non Immigrant O visas are "other", and Non Immigrant B visas are for "business/ employment". And what's your current extension of stay?

4 years ago

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Benjamin ******

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Can I withdraw my funds from a Thai bank account after meeting retirement visa requirements?

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