Answered8 years ago

Can I withdraw money from my Thai bank account while applying for an O-A retirement visa?

O-A Retirement Visa Thai Visa Rules Thai Banking Regulations Extension of Stay Financial Requirements for Visas

Kim ***********

asked Oct 21, 2018

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Hi

I have a 6 month 60 day multipe entry tourist visa which I am hoping to upgrade to a AO retirement visa, which I will know about on 1st November

I now have a little over 800,000 in a Thai bank as required.

Not sure if I have got this rignt but do I have always have this amout of money all the time  in the Thai bank while I am here. i.e. I cannot use it

Thanks, Kim

Answer summary

The user is currently on a 6-month multiple entry tourist visa and is interested in upgrading to an O-A retirement visa. They are concerned about maintaining the required 800,000 baht in their Thai bank account. A commenter clarified that the user can withdraw money only after receiving the Extension of Stay, but must ensure the balance does not fall below the required amount until the extension is granted.

8 repliesnewest first

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Joe ***********

You can take money out AFTER you get the Extension of Stay - not before.. You cannot let the balance fall below 800,000 baht until given the Extension of Stay

8 years ago

Kim ***********

Between you and Robert you both have answered me perfectly

8 years ago

Kim ***********

Thanks Joe,

8 years ago

Robert *******

a 6 month 60 day retirement visa? I never heard of that. The Non Immigrant O-A visa can only be issued in the country of your residence.

8 years ago

Kim ***********

What I also need to know is when can I take money out of my bank account here Is it after the 60 days of stay

8 years ago

Kim ***********

Thanks

@Rob***

8 years ago

Robert *******

Okay, so you applied for the Non Immigrant O visa and it is under consideration till 1 Nov. That day you will get the Visa stamped in your passport with 90 days of stay. After 60 days of stay you can apply for the 1 year Extension of Stay, the documents needed are almost the same, just check them with Immigration if you get the visa. Be aware that if you like to travel you need a re-entry permit to keep the permission to stay alive.

8 years ago

Kim ***********

Sorry I was incorrect

I have a 6 month tourist visa with Multipe entry after every 60 days.

I have been to immigration and everything seems O K for a retirement visa and I will know the result by Nov 1

They will issue as far as i understand a Non O (90 day visa). I have an idea I will get that first before a full retirement visa.

Regards,

Kim

8 years ago