Hi all. I am doing my homework on Retirement in Thailand from Australia.
This account let's you leave your money in your countries currency. Does anyone know if this account can be used as the 800k baht deposit. Would this meet immigration policy requirements? Thanks in advance for any direction.
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TLDR : Answer Summary
The conversation discusses the use of a foreign currency account for the 800k baht deposit required for retirement in Thailand. One comment mentions that it typically can be used, but advises caution due to exchange rate fluctuations, while another suggests needing a Thai bank account and a long-stay visa to facilitate this process.
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.
Normally can be used, depending on your immigration office. But there is a distinct risk in using an account like this, as the exchange rate can fluctuate bringing you out of compliance with your visa requirements.
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