For a Non-O retirement visa renewal, we are required to submit a bank passbook that has been updated on the day of the application.
Am I correct in understanding that this means we cannot place the THB 800,000 in a fixed deposit account, since it would not be possible to make, for example, a small deposit into that account and update the passbook on the day of the application?
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TLDR : Answer Summary
This post discusses the requirements for renewing a Non-O retirement visa in Thailand, specifically regarding the need for an updated bank passbook that shows a balance of at least 800,000 THB on the day of the application. The user is asking whether keeping this amount in a fixed deposit account is permissible, given that fixed deposits may not allow for easy withdrawal. Responses clarify that while the 800,000 THB must be in an accessible account, certain fixed deposit accounts might still meet the requirement if they allow for withdrawals, albeit with penalties.
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.
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The 800k baht must be in an instantly accessible account. It doesn't rule out fixed deposits as some will allow you to withdraw money but you pay a penalty such as losing interest etc
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