Can I Qualify for a Retirement Visa in Thailand with a Monthly Income of 79,400 THB Instead of 800,000 THB in a Bank?

In Thailand, to qualify for a retirement visa initially, applicants typically need to have 800,000 THB in a Thai bank account. However, there is an alternative pathway for those who can show proof of a consistent monthly income. Specifically, if an applicant is receiving a minimum of 65,000 THB monthly (which totals 780,000 THB) through verified sources such as pensions, they can use this amount to qualify for the second extension of stay after having maintained these monthly transfers consistently for a year. While a monthly income of 79,400 THB technically meets this requirement, U.S. citizens may face challenges as their embassies do not issue income affidavits, making it necessary to have the 800,000 THB deposited for the first extension. Therefore, it is advisable for potential applicants to carefully prepare their documentation and consult with local visa agents for guidance on the current requirements.