Answereda year ago
Can I spend my monthly 65k transferred for retirement visa in Thailand?
Hi all. Sorry if this is a dumb question. Coming on a non-O early next year and will get retirement visa on 800k. I'm thinking of transferring to 65k per month in the second year. So I'm wondering if you can spend the 65k each month, as long as it's coming in regularly, or it has to stay in the bank in totality. Thanks
Answer summary
When receiving monthly funds of 65k while on a NON-O visa and retirement visa in Thailand, you are free to spend the money as it is intended for living expenses. There is no requirement to retain the full amount in your bank account; once the funds are deposited, they can be used without restrictions. However, note that the 800k requirement must remain in the account for the first year as per visa regulations.
4 repliesnewest first
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Brett *******
OPThanks guys!
Stan ******
The 800k must stay in the account for the first year with qualifications but the 65k monthly deposits every month is your living expenses and free to do what you want with that.
Kevin ***********
Of course you can it's your living expenses
Stuart *********
Once the funds hit your account you are free to spend at will. There is no requirement to keep any balance in the account.
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