Can I obtain a Non-Immigrant O visa in Thailand by showing monthly deposits instead of a lump sum?

Sep 17, 2022
2 years ago
Brett *******
ORIGINAL POSTER
I have a question about arriving in country and getting a non immi O visa. As I understand it you need either 800,000 or 65,000 a month OR a combination of both. And this is where my question is. If I deposit 70,000 a month (70*12=840,000). So I don’t need a letter proving my income, because I’m Australian I can’t get one but I don’t want to put in 800k. Does that work? Or must I put in some portion of the 800k as a lump sum to start it all off? Thanks.
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TLDR : Answer Summary
The poster inquires about obtaining a Non-Immigrant O visa in Thailand by making monthly deposits instead of the required lump sum of 800,000 THB. The responses clarify that to initiate the visa, the full amount of 800,000 THB must be deposited in a Thai bank account. Alternatively, after the first year, monthly transfers of 65,000 THB can qualify for extensions. It's advised to consult with the local immigration office regarding specific circumstances.
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James ********
I believe that the OP has the answers to his questions.

We wish him success in obtaining the retirement Visa and extension of stay in Thailand.

Thanks All for your helpful replies...

Comments Closed.
Ellie *******
That might not be working for the in-country Non-O visa based on retirement. This is a general requirement for in-country Non-O being over 50, but I'm afraid there is no 65,000 baht bank transfer option in this.

But, you need to check with your local immigration office.

For 1 year extension, shouldn't be a problem.

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/9.FOR-RETIREMENT-PURPOSES-50-YEARS-OLD-NON-O.pdf
James ********
James ********
James ********
James ********
James ********
To start it...for the FIRST year of your arrival into Thailand...the full 800,000 Thai baht must be transferred internationally in a Thai bank account in your name only.... Then IF you transfer internationally 65,000 monthly for 12 months you can then use it for your One year extension of stay as retired in the second year.
Steve ********
@Brett ******
You don't have to stay in the country whilst you make the monthly transfers. I was away for four months but continued with the transfers. I'll keep this going now for good.
Brett *******
ORIGINAL POSTER
@James *******
hmm

Well that makes it hard
Steve ********
@Brett ******
It's not easy but it's do-able. You have to virtually forget about that 800k for that first year, although you can withdraw 400k three months after your application date, but I didn't do that. It was just easier to leave it alone for that whole year, whilst at the same time I was banging 70k a month into the same account. You need 12 clear monthly transfers, and once you've got those you can apply for the next extension. But you still don't touch that lump sum until the previous 12 month extension has run its full course down to the last day. But once you're on the 65k gig you're laughing, because the money's yours to spend as soon as it hits your bank account. And that 65k MUST come from overseas. You cannot use any of the lump sum to fund it. It's not easy, but it's well worth it
Brett *******
ORIGINAL POSTER
@Steve *******
I won’t have that bulk sum when I want to go. Monthly is no problem but I don’t want to wait here saving either.
Steve ********
@Brett ******
The other option is to get an OA visa which doesn't require transfer of funds. You can get two years stay in Thailand, during which time you can easily reach the 65k/month target. No lump sum required to be transferred
Michaela ********
@Steve *******
I agree. Hubby and I are coming in on an OA we got from Oz, and are hoping if we transfer 65k baht to each of our accounts in Thailand that we can extend 12 months based on that...we will see
Jon ******
@Brett ******
another thing to be mindful of is the exchange rate.

If you go with the monthly income route, you want to keep an eye on the exchange rate, and make sure your arranged transfer will cover the 65k monthly transfer. If the exchange rate dips, and your AUD comes up short of 65k THB, it could/will screw up your eligibility on your next extension (I think).

For example, the USD:THB rate is near a 10yr high. 65k THB would cost about $1,765 USD today. But if the baht were to drop toward the 10yr low, that $1,765 would only get you about 50k THB. The AUD:THB rate is near the 10yr midpoint currently.

If you leave the 800k in there, rather than go the monthly income route, you don't need to worry about fluctuations in the monthly exchange rate messing you up.
Steve ********
@Jon *****
You negate these issues by carrying out each monthly transfer manually. It's not difficult. I use Wise. It's still a far better option than leaving 800,000 baht in a bank account earning virtually zero interest, for the rest of your life!
James ********
@Brett ******
IF you have the assets in Australia...look at the requirements for the OX ten year visa... Sydney Thai Embassy.

BEST deal going... IF you qualify.

NO need to deposit money in a Thai bank account.

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