Hello all, Is it possible to deposit the 800,000 baht requested for the retirement visa into a foreign currency account (US $) or ın an interest-bearing baht account? I might have missed ıf this detail has already been talked over. It is necessary to protect the inflation value of the money. Thank you for your answers in advance. 🙏
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TLDR : Answer Summary
The 800,000 baht required for the retirement visa must be deposited in a specific account type and cannot be held in a foreign currency account or an interest-bearing baht account. The general consensus from the community is that you need to have the funds in a designated Thai bank account to meet the visa requirements.
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.
IBD rates are sub 2%, you either want the visa or don’t, there are obviously ways to circumvent the process but they are exactly that, ask yourself if securing a small amount of cash is an issue to you, can you really afford to reside in Thailand long term, my 20 cents
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