Answered5 days ago
Can I use a deposit account for my Non O visa yearly renewal financial requirements?
For your Non 0 visa yearly renewal does this 800k need to be in an open bank account, showing income and out goings or can I put this into a deposit account to use only for my Non 0 visa each year
Thanks
Thanks
Answer summary
The discussion revolves around the financial requirements for renewing a Non O visa in Thailand, specifically whether the required ฿800,000 must be kept in a regular account or if it can be placed in a fixed deposit account. Several comments highlight that the funds should be accessible at all times and emphasize the importance of checking with the local immigration office due to varying requirements. A dedicated account for this amount is often recommended to simplify the renewal process.
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Mick *****
If you can afford it, many cannot, the best path is open an account just for the visa money and forget about it. That way it's always there and you always meet the financial requirements without any hassles.
Digby ********
Interesting... My local Immigration office always insists on seeing my bank book (with copies), and it appears that banks don't normally issue a bank book with deposit accounts.
Has anyone managed to avoid this?
Has anyone managed to avoid this?
Don *******
Digby Strong With my Thai bank I have a savings account, a so-called high interest account and a term deposit account. Each has a passbook. I had similar accounts previously with TMB and K-Bank, and they all had passbooks too.
As far as I know the only accounts that don't have passbooks are the "e" accounts and not many banks do those. SCB is one. Those accounts have downloadable statements instead.
As far as I know the only accounts that don't have passbooks are the "e" accounts and not many banks do those. SCB is one. Those accounts have downloadable statements instead.
Bob **********
The money has to be accessible at all times
Graham ******
You say "renewal" so for the Extension of Stay (not visa) that you are currently on I assume you also used the 800k method. This method requires the 800k to be seasoned for 2 months prior tp the extension application then 800k must be maintained for the first three months of the extension then never fall below 400k for the rest of the year. Have you done that?
Brook ********
First, ask your local immigration office for the written requirements as they very slightly.
Second, open a separate, dedicated FIXED DEPOSIT ACCOUNT and use it exclusively to hold your ฿801,000 THB.
This makes printing statements and passbooks much easier.
Second, open a separate, dedicated FIXED DEPOSIT ACCOUNT and use it exclusively to hold your ฿801,000 THB.
This makes printing statements and passbooks much easier.
John **********
I'd recommend that you verify the account you want to use is OK with your local immigration office. Not all deposit accounts are acceptable, the money needs to be instantly accessible
Doc ********
I opened two accounts so one for the
I just find it easier this way.
*****
0 Thai baht to season and the other account to deposit the *****
Thai baht per month to pay my bills.I just find it easier this way.
Marcos ********
But non 0 it's 90 day why put 800.000 thb in account this money only for retirement visa
Ronny *********
Marcos Santos Probably he explained wrong he got probably a NON O willing to extent to a retirement visa, anyway that way the 800KThb needs to be seasoned 2 months to get the retirement visum and after that you may never go lower than 400KTHB and for yearly extension you need to fill it back to 800KThb
Marcos ********
Ronny Liekens ah ok but the money 4 month before and 3 after make visa and up. 800.000 can move without problem after 3 months it's possible use and down but some cities ask for 800,000 all year round as a guarantee you can't go under
Monthira ******
Generally, Thai Immigration accepts a savings or fixed deposit account in your name at a Thai bank, as long as it's seasoned for 2–3 months before application and meets their movement statement criteria. However, specific requirements can vary slightly depending on your local immigration office.
If you'd like clear guidance or help preparing your documents so everything goes smoothly, feel free to send me a direct message!
Monthie 🙏😊
If you'd like clear guidance or help preparing your documents so everything goes smoothly, feel free to send me a direct message!
Monthie 🙏😊
Gerar ********
Can be in a static account pure for your visa extension financial requirements.
Many people (including myself) are doing this, opened a dedicated account only for the extensions.
Many people (including myself) are doing this, opened a dedicated account only for the extensions.
JJ ********
You don't need to deposit 800,000 baht, you go to your embassy, they will give you a sworn statement that you earn more than 65,000 baht per month and that is more than enough for the visa O
Mick ********
JJ Didier my local immigration office wanted the 400k (marriage) in the bank.
JJ ********
Mick Armour But it depends on the type of visa; for a retirement visa (non-O), the requirement is a minimum of 65,000 baht every month.
Greg ***********
JJ Didier ATTENTION! . . .For the application inside Thailand to the “1-year extension of the stay permit based on retirement”, the financial proof will be slightly different than it was for the application to the 90-days visa. You cannot use any original income/pension documents from your home country.
If you are a citizen of a country whose embassy in Bangkok does not issue a certified “income affidavit” any more –
(which are the embassies of USA, Canada, UK, Norway, Sweden and Australia)
you would need a “12 months bank statement” showing that for the past 12 months, you have been transferring from abroad to your Thai bank account a minimum of 65,000 THB, consecutively month for month, not missing a single month.
If your embassy still issues a certified affidavit of income, you can use it for the financial proof. You would need a monthly income or pension of a minimum of 65,000 THB.
For British, Canadian, Norwegian, Australian, Swedish and U.S. citizens, in the first year there is no other way around than depositing a minimum of 800,000 THB in your Thai bank account - at least in the first year
If you are a citizen of a country whose embassy in Bangkok does not issue a certified “income affidavit” any more –
(which are the embassies of USA, Canada, UK, Norway, Sweden and Australia)
you would need a “12 months bank statement” showing that for the past 12 months, you have been transferring from abroad to your Thai bank account a minimum of 65,000 THB, consecutively month for month, not missing a single month.
If your embassy still issues a certified affidavit of income, you can use it for the financial proof. You would need a monthly income or pension of a minimum of 65,000 THB.
For British, Canadian, Norwegian, Australian, Swedish and U.S. citizens, in the first year there is no other way around than depositing a minimum of 800,000 THB in your Thai bank account - at least in the first year
JJ ********
Greg Alexander I am referring to a visa extension—specifically a non-O visa extension—which requires a minimum of 65,000 baht every month.
Greg ***********
JJ Didier that's wrong, the application to the 1-year extension does NOT "require 65,000 THB every month" . . . . . . . . . . . it requires your embassy's certified income affidavit that you make a minimum of 65,000 THB equivalent per month. And you will need a proof - at least at many Immigrations - that you actually are receiving monthly transfers into your Thai bank account. . . . . . . However, if your embassy does NOT issue any certified income affidavits, you only have two options: You EITHER show 800,000 THB in your Thai bank account, OR you must present a 12-months bank statement that confirms you have transferred from abroad to your Thai bank account, since 12 months, month for month, not missing a single month, consecutive 65,000 THB.
Marianne ********
JJ Didier the income affidavit is option, not a requirement.
JJ ********
@John *********
What you are saying is completely incorrect—or perhaps you are just expressing yourself poorly. An extension of a Non-O visa requires an income declaration document from your embassy for *every* extension, not just the first one. The 800,000-baht deposit is for those who do not have a regular income and cannot provide proof of a monthly income of 65,000 baht.John **********
@JJ *******
you can only use that method for the first extension if your embassy in Thailand issues an income certificate, otherwise the only option is 800k seasoned in a Thai bankGerar ********
JJ Didier depends which country he is from, many embassies don’t issue those certificates anymore.
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