Hi. My wife and I have deposited 800,000 each into our bank accounts and in 2 months we will apply for our 12 month retirement visa extension. My question is, can we start to deposit more money into our bank account for the next 2 months to use as living expenses as long as we keep the balance at least 800,000 or should we not do anything in the bank account until we have our 12 month extension? Thanks.
TLDR : Answer Summary
Yes, you can deposit additional money into your bank account while waiting for your 12-month retirement visa extension, as long as you maintain at least 800,000 THB in the account. It's advised to keep the immigration deposit separate from your living expenses; many expats open a second account for daily transactions to safeguard the minimum balance. Always ensure that you don’t inadvertently fall below the required amount.
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.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.