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Answered2 years ago

Can I use international transfers to qualify for a retirement extension in Thailand instead of having 800k฿ in the bank?

Peter ****************
asked Feb 25, 2025
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Sorry, just out of interest, US passport, 50-plus of age:

Suppose during visits to Thailand you managed to open a Thai bank account in y'r name. Then you transfered international 65k฿-plus into that account for at least 12 months. After that you bought a NON IMM O visa, based on Retirement in the US and after arriving in Thailand AND after 60 days you ask for a year extension based on retirement, can you use these 12 international transfers instead of 800k฿ (2 months before already deposited) on the bank ? I'm a bit confused because I read many times that for the first year extension you need that 800k฿ in the bank. Thanks !
Answer summary
The initial question discusses whether an individual over 50, with a US passport, can use international transfers of over 65,000 THB into a Thai bank account as proof of funds for a one-year extension of the Non-Immigrant O visa based on retirement. Comments clarify that while the initial Non-O visa can be acquired by showing proof of funds from the home country, the 800,000 THB must be held in a Thai bank account for at least two months prior to applying for the extension. Subsequent international transfers can be used for future extensions after meeting initial requirements.
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Tod *********
Tod *********
would not work because you need to be ON the visa/extension you're using monthly income for while you're transferring the funds in.

You can show proof of funds in your country to get the initial 90 day Non-O and then you'd have to have the 800K in a thai bank account in your name only for 2 months before you apply for the yearly extension.

Now once you get the initial 90 day Non-O you can start moving in to the country a minimum of 65K baht a month transferred from abroad into a thai bank account in your name only and use the for the FOLLOWING year's extension (after you met the requirements for the first year by banked money method)

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