Can I renew my retirement visa in Thailand if I've temporarily withdrawn funds from my bank account?

Sep 21, 2021
3 years ago
Jamie ********
ORIGINAL POSTER
i hold nz passport and have lived in phuket for 10 yrs on retirement visa .have always had 800k in ac but had to withdraw 150k dec 20 for emergency. have thai bank statements showing min 47k per month deposits since sept 20 plus average 650k balance. will this suffice to renew my visa ?
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TLDR : Answer Summary
The poster, a New Zealand citizen living in Phuket for 10 years on a retirement visa, inquires if they can renew their visa after withdrawing 150,000 baht from their bank account, noting they still maintain an average balance above 650,000 baht and consistent monthly deposits. Responses from the community indicate that the visa renewal requirements include maintaining 800,000 baht for two months before renewal and not dropping below 400,000 baht afterward. Some suggest the possibility of using a combination of banked money and income, but caution that failing to meet the three-month minimum balance rule could complicate their renewal. The poster expresses frustration about the situation and a desire to handle it without agents.
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.
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Wayne ********
no they won’t give to u i had a mate 2 weeks out and they would not give to him your best bet maybe to find a good agent who can swing it

somehow good luck
Ronald *****
They don't assessment based on your latest bank balance..if your account all along have sufficient money, approval should be easy .
Douglas *******
Does your NZ embassy issue income letters still? If they do that maybe another way to go.
Joseph ******
Only other option is to find an agent who can massage the system for you… good luck..
Nicholas *********
Minimum 65 k per month.
Tod *********
IF you are going to use the combination method this year <- as in you're switching from banked money method that you used last year to combo, you need to meet the requirements from last year (which was have the 800K baht in your account for 3 months after your extension was granted, and then not let the balance go below 400K the rest of the year) AND you have to have 12 months of international transfers. Most offices take the lowest month of the 12 and use that as the "base line" for the international transfer amount SO make sure that what ever you have in the account as the banked portion when added to the yearly lowest monthly transfer is over 800K baht

AND

Keep in mind there are offices that just plain refuse to let people use the combo method because it's more paperwork and document checking for them SO go check with your office before you go get your extension
Jamie ********
ORIGINAL POSTER
thanks tod.ihave a problem i withdrew 150k after i got my visa in dec 20 leaving only 650k so ive brocken the 3 mth rule ! my income will be about 520k and ill have 650k on deposit. any suggestions to help me ?
Jamie ********
ORIGINAL POSTER
thanks tod now i know where i stand dont like agents ! ill sort it somehow. thankyou for your straight talk regards j.
Tod *********
@Jamie *******
nope, you're on your own

Believe me the office WILL catch that you failed to meet the bank the money for 3 months after requirements for the extension you're on now when you go to apply for a new one. 😕

Perhaps it's time you started looking at agents/agencies to get this yearly extension this time around and get your shit together for NEXT time
Peter ****
The requirement is to keep 800k 2 month before renew and 3 month after renew. The rest month is 400k minimum.
Garrett ***********
I believe you can still mix the income and banking requirements.
กะลาสี *****
@Garrett **********
I was thinking the same thing. 47K X 12mos = 564K plus the 650K he has in the bank is more than enough. However, I think the question may be do the 47K monthly deposits show as arriving from outside of TL on his bank statement?
Bobby ********
กะลาสี หมา. If the 47k/month is every calendar month and is shown as a foreign transfer, you can as Garrett has said, use the combination method.
Charles *********
drops a baht under 800k

no issue
Peter *********
Sorry no needs to be 800k my friend dipped below 800k they wouldn't renew so had to get marriage visa 400k requirement
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