My wife needs to renew her Extension of Stay Based on Retirement soon. We live in Chiang Mai. She is using the 800k baht method. Based on the new rules requiring that the bank account balance never go below 400k, she wants to open two Time Deposits with 400k each. One for 6 months, the other for a year. we just got a second hand report that Chiang Mai Immigration will not accept two bank accounts; that the full 800k has to be in one account.
Can anyone confirm that they used two accounts or that they were refused for doing that.
Thanks.
TLDR : Answer Summary
A user inquires whether their wife can use two separate bank accounts, each containing 400,000 baht, to fulfill the 800,000 baht balance requirement for renewing her Extension of Stay Based on Retirement in Chiang Mai. Some responses indicate that local immigration may require the funds to be in a single account, while others suggest that it depends on specific immigration officers and their interpretation of the rules. There are mixed experiences shared by respondents, leading to uncertainty about the correct procedure.
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