This may be a silly question
When opening a Thai bank on a non o visa in readiness for the 1 year retirement visa can you deposit more than the required 800 K baht ? If so , can I take out money for day to day living expenses but still have the 800 K in the bank and not be penalised by immigration when the time comes for the yearly application extension. Thankyou
TLDR : Answer Summary
Yes, you can deposit more than the required 800,000 baht in your Thai bank account while on a non-O visa. It is permissible to withdraw money for daily living expenses as long as the necessary amount remains in the account at the time of your visa application extension. It's often advised to maintain two separate accounts: one for the 800,000 baht and another for daily transactions. Importantly, to meet immigration regulations, the account balance must not dip below 800,000 baht during the critical months leading up to the visa renewal application.
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.