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Can you use a Thai stock brokerage account to meet the 800,000 Baht annual deposit requirement for the retirement visa extension?

Thai retirement visa 800,000 Baht requirement Thai stock brokerage savings account visa extension documentation immigration rules Thailand

Jun 6, 2018

8 years ago

Dan *********

ORIGINAL POSTER

Are you able to use a Thai stock brokerage account to meet the 800,000 Baht annual deposit requirement for the retirement visa extension?  If you are able to use,  what exact document do you need from your stock brokerage account?

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TLDR : Answer Summary

The consensus among commenters suggests that a Thai stock brokerage account cannot be used to meet the 800,000 Baht deposit requirement for the retirement visa extension. It is generally required to have the funds in a regular savings account with instant access to the balance. Those with fixed or interest accounts have reported refusals when attempting to use those for the visa extension. To ensure compliance, it's recommended to consult with the local immigration office for confirmation.

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Lloyd ********

I believe you need instant access to the balance, because in theory, that 800k is the money you use to live on.

8 years ago

Han ********

24h notice, they accept.

8 years ago

Reply to

Han ********

They accepted my Fix A/C every time, even if it was long term like 6 months etc.

8 years ago

Dan *********

ORIGINAL POSTER

It sounds like these 3, 6, etc month interest accounts (similar to CDs) are not valid. Would like to know if someone has tried to use a Thai stock brokerage account.

8 years ago

Graham *******

No ....it has to be a savings account.......my first renewal a few years ago.... i got refused when i used an interest account (it was money that had been invested and matured and the bank put it in an interest account after maturity) i left it in there for 3 months thinking it would be ok.....got refused and was told by immigration it must be a savings acc.......i could not produce a savings account that had enough money in it for the required time.......so the guy with the uniform at the front in jomtien sorted it out but.....cost me a lot more and it went in his pocket!!

8 years ago

Tod *********

I do not believe it can be used, BUT you should visit your immigration office and check with them to be sure.

8 years ago

Bob **********

I don’t believe you can DJ was turned down when his money was in an interest account

8 years ago

Dean *******

This happened to a friend of mine too

@Paul ********

is right it's because it's not available

8 years ago