Can I retire in Thailand without the required 800,000 Baht in a Thai bank account if I have a monthly income of $2,800?

The fact is applying for your first one year extension will require you to have the 800,000 lump sum because you will not have 12 months of the .k baht to show. Going forward, showing your $2,800 USD per month or more than the 65,000 baht will be fine.

In my village in Italy we use to say : GOIN TO THAILAND WITH YOUR WIFE IS LIKE GOIN TO A RESTAURANT WITH A SANDWICH IN YOUR POKET

you are with 2 ,its 2 times that you need the 800.000 bath or 2 times the monthly income from 65.000 bath

Go see an visa agent and they will get you sorted.

I have family in Chiang Mai. My wife and I spend 3 months yearly there.

I honestly don’t think your $2800 monthly will suffice in Chiang Mai proper without an emergency backup fund.

Spend time there and other places can in Thailand and shop around for rent, insurance prices etc. and see if you can economize enough to survive.

Good luck in all

Are you sure you can keep social security payments if you move country.

800,000 is not a lot of money, if you don’t have it I would suggest you retire in another country

I suggest you move to Korea and get spouse visa. No income limit, world class national healthcare that is incredibly cheaper and designed to prevent bankrupting from medical cost. With $2800 a month, you both can live a comfortable life in the rural area with clean air.

Try Vietnam. Just don't try Saigon in Vietnam.

If you apply for a non o or non o-a from your home country you can show 3 months of bank statements to start, and once you get to Thailand, transfer the required amount monthly into a Thai account. Just a heads up, if it is a joint account they will only count half of the money as yours. If your wife is also applying you will need to show 2x the required amount.

You can't do it you need 800K no questions asked.

How about medical insurance? At your age it won't be cheap. On top of everything else medical insurance will cost you approximately at a bare minimum of $400.00 per month. Bro, you have lots of saving up to do. If you are an American then why don't you try Mexico or Costa Rica, it's cheaper than Thailand. However, that may sound like a suicide for your wife since they are no Koreans living in those countries, which eventually feel like an indirect Solitary Confinement for her. Wishing the best whatever you are trying to do.

I’m in total agreement with what the other has said if you can’t afford ฿800,000 you can’t afford to live in Thailand. Medical insurance is quite expensive. They want you to have a policy and insurance policy on top of that you can get health insurance without it. I just went and renewed my visa. My one suggestion is do not use Bangkok Bank use any other bank I was in the Philippines I hurt my back fairly seriously and I had to have surgery. The surgery was $28,000 thank goodness for my credit cards. They will not let you out of the hospital until you pay and every day that money adds up so it’s a good insurance policy to have money overseas

@imtylerdurden321

Go to

@Bluewater *********

and talk with

@Chris *********

who lived on a beautiful boat just as large as Asia's apartments/condos for less money

He can show you how to earn $$ from a boat, don't live on land I'm sure you can live where you want , then go where you want with much less stress and trouble and stress over a countries prerequisites ...

Helping people live their best life is what he is.

visa service in hua hin puts down the 800k deposit and gets it back from you once visa is done....

Cambodia

Move to Cambodia! Yearly multi entry visa easy 👍 no silly conditions

It is 800,000 baht each, you need 1.6 million baht or 130,000 baht monthly income for 2 of you, they don't recognize married couple, it is 2 separate applications !!

Philippines is the better option to live! You can just make little trips to Thailand.

No savings and planning to go to Thailand to live!

Best reconsider that idea!

If you don't have 800,000 baht that will also act as an emergency fund, stay home. You need some kind of back up plan. That's why immigration want to see it.

I think you are too poor for Thailand. pick a different country

I don’t really it if you plan to retire but you don’t have 800k baht. But ok, if you don’t you could contact an agent and pay them a fee.

There is actually some logic to what immigration requires.

Basically they want to know you have enough funds to support yourself, insurance for health emergencies, a place to stay, a way to get home and quarterly welfare check ins.

Kap.

Paid to maneraat s Pattaya non o top service e

If 800,000 Baht is a visa requirement, then you need to have it.

Have you considered taking an inflatable boat to GB?

They will provide free accommodation, board and lodgings, a weekly stipend and a phone.

Plus human rights lawyers will call to tell you how to stay - for free - for ever. It’s a win win.

Basically, agents can and do promise many options. But the minimum amount for any visa category is to not only prove that you have the funds but also the ability to have a buffer.

A couple of thousand as pension is great. You could probably be pretty comfortable if you are careful. But what happens if that income stream is taken away? Or if you suddenly need cash for something?

So just like some have said here, maybe it is better or safer to at least gather the minimum first so that once you are here, you still have something to fall back 9n.

Yee an agency can help you with this. There should be visa agent in Chiang Mai. But they will charge you about 20,000 thb up to 50k thai baht.

Visa agency can help you

Phillipines is a better choice for you. Not as modern as an infrastructure but when it comes to visa you can literally extend the tourist visa up to 3 years without having to leave the country, basically do the first 30 days, than every 60 days; and every time you leave the country it restarts the 3 year clock. It is easier opening a bank account there. If your wife is Korean there are a lot of Koreans in certain parts of the Philippines too.

If you’re a veteran that did 2+ years the retirement visa in PHI is much more affordable as well.

More people speak English in PHi.

But again, Thailand is more modernized overall.

But with your budget PHI in my opinion when you take into consideration with the visa is a better alternative instead of hoping you find a visa agent that makes their magic work. If you go the route of using an agent in Thailand to fudge your financial records & immigration at some point catches on you have to leave Thailand.

And then there’s Vietnam, you have to leave every 90 days. Also a very good option and more affordable than Thailand. Vietnam may stop their 90 day tourist visa at some point though because these became the new place to be inside Thailand stopped infinite border runs without a long term visa. Vietnam has a pretty modern infrastructure overall closer to Thailand level than Philippines. I think the cell coverage-speed is actually slightly faster now in Vietnam and their internet speed is a little below Thailand. With that being said my internet in Thailand is faster & cheaper than I ever had in the USA.

You are trying to do exactly what they are trying to prevent, ans you know it.

They will find a way

Jeff just contact an agent, with the Facebook warrior's there's too much conflict in Idea's it can be done, just remember it will cost you money. 👍

You have about 90.000 Baht for living every month, as long as you dont drink in bars always or sponsor a second wife 🙂 its easy going with this. Condo rental between 12.000 and 20.000 Baht , make the O-A in your country and your wife gets the dependent visa.

I don't have a bank account. The Swiss embassy has confirmed in English for immigration purposes that my monthly income is over 65,000 baht.

Cambodia 🇰🇭!😊

Curious to know what your lifestyle is currently like in the US? If you live an elevated lifestyle in the states (prior to retirement) it would be difficult to live here on such a low budget.

You can certainly find a one or two bedroom condo under $1000 USD, use the a/c very sparingly, shop at local markets for food, walk instead of using Grab (you may find a cheap scooter rental) as well as reduce your entertainment budget. Keep in mind, you both will have to increase your budget for medical coverage. I would suggest increasing your savings (consider selling the things you don't need in the States for a head start). Yes, you can make it work for $2800 but you have to have a really strict budget and have a plan for medical care and other unexpected expenses that come up.

Income of 65.000 Baht per month or a combination of income and money in the bank.

Move to Bangkok or Pattaya and pay an agent a huge fee to convert you tourist visa to non o without funds. But once you go down the agent route you have to do every year with agent. Go to Vietnam for couple of years and save the 800,000 baht.

I think this is a another post by the same person I've already commented on. If you can't afford to meet the conditions of the visa even if you can spend the large fee needed to get 2 visas /retirement extensions I think you really can't afford the potential cost of an emergency so I think you should reconsider moving.

Go to philippines need only 1000 dollars for retirement

You’re over 50 and don’t have 0thb 🙄

Not sure what your Mrs would need on top.

If you want answers on here then tell us your amount in Thai Baht NOT Dollars. 🤔🤔

No can do. And 800,000 THB is only like $26,000. You should try to scrape that together first. Plus, since your wife is not Thai, she would have to do the same. So you will need 1.6 million THB between you.

It’s good you have a stable monthly income but it’s scary you don’t have $22k in savings or emergency fund. Maybe try to save up some rainy day fund before moving?

If you go down the Non-O route both you and your wife would need to get your own retirement visa, your income is enough for you to get a 90 day Non-O based on being over 50 but does your wife also have income? You might want to look at an alternative retirement visa, the Non-OA which is a 12 month visa in which case your wife could potentially get a Non-O visa as your dependant at the same time at no additional cost. The Non-OA requires the same financials as the Non-O but also requires, insurance, police check etc