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Do both mother and son require 800k THB in their own accounts for retirement visas in Thailand?

Retirement Visa Visa Requirements Thailand Immigration Financial Requirements 800k THB Rule Dependent Visa Expats in Thailand

Sep 19, 2021

5 years ago

Massimo *********

ORIGINAL POSTER

Does anyone know the following: Mother ans son both on retirement visa, do they both need 800k in their  account or can be a lower cumulative sum?

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TLDR : Answer Summary

Both the mother and son, both over 50 years old and on a one-year extension of stay based on retirement, must have 800,000 THB in individual bank accounts. Each must meet the financial requirements independently, as there are no cumulative savings options available.

NON-O RETIREMENT VISA RESOURCES / SERVICES

Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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Benjamin ******

I'm shutting this down. Both the 50+ year old child and the 50+ year old mother are on a one year extension of stay based on retirement. They both need to meet the financial requirements for the one year extension of stay based on retirement independently. These financial requirements are:

1. 800K THB in a Thai bank account seasoned for two months BEFORE applying for the one year extension of stay, and three months AFTER applying for the extension of stay, and the balance can never go below 400K THB throughout the year OR;

2. A monthly income overseas of 65K THB a month OR;

3. A letter from the embassy saying they make 65K THB a month (note: if the embassy issues the letter, they can not use the monthly income method).

There are no ways to "save" money, sorry.

5 years ago

Alex *******

To add on: Can OP come as mother's dependent, and mother on retirement visa, so that only one 800K needed to apply for visa?

5 years ago

Bobby ********

Alex P Su. I believe there is a "trailing spouse" facility on "retirement" visas, but not for a 50+ aged "child". Each would have to apply for an individual visa/extension

5 years ago

Massimo *********

ORIGINAL POSTER

@Bobby *******

😂 in this case the “child” brought his mother here and both on NON oa retirement visa, so I was thinking maybe next year at renewal to unlock 800k or something

5 years ago

Reply to

Massimo *********

Dom **************

@Alex ******

dependant visa for children comes to an end at ~20 years old, admin can confirm the exact age.

5 years ago

Benjamin ******

@Alex ******

Great question. I do not know what their visa status is or even what they mean by a "retirement visa".

5 years ago

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