Answereda year ago
Do both spouses need separate bank accounts for the 800K deposit for a non O retirement visa in Thailand?
Hi, wife and I plan to move to Thailand next year on a non O retirement visa. We will get the 90 day non O visa in our home country (USA) first, my question is the origin of the 800K deposit per person, must my wife’s deposit come from a USA bank account in her name or can each of our 800k deposits come from an account in my name only?
I tried to reach out to the Thai embassy in DC for an answer but no response yet.
Thank you!
I tried to reach out to the Thai embassy in DC for an answer but no response yet.
Thank you!
Answer summary
When applying for a NON-O retirement visa in Thailand, both you and your wife must have separate 800,000 THB deposits in individual accounts. The deposits must be in the names of the applicants, and if using a joint account, it must total double the amount due to shared ownership. Additionally, funds must be held for at least three months before applying, and once in Thailand, both parties need individual bank accounts.
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Bob **********
As long as it’s a foreign transfer it will be fine but you both need individual bank accounts in Thailand
Dana ****************
In order to be approved for the visa in the USA or home county, it has to be in her name only for 3 months in order to apply for the visa. Once you open a thai bank account, it also has to be in separate accounts.
Michel **********
OP@Dana ***************
thank you.
Brandon ************
Must be in the name of the person applying for the visa. And if it's a joint account, the amount must be 2x because only 50% of it is considered belonging to each person.
Andrew *******
@Brandon ***********
so if my wife and i are coming we need 1.6 total?Graham ******
@Andrew ******
yes unless she can get a trailing spouse Visa based on yoursGraham ******
@Andrew ******
If she's working remotely then she should look at the DTV with you as dependentsAndrew *******
@Graham *****
the plan was she works remote and me and the kid come with. We were also looking to starting a company and rent our houses out through it.Michel **********
OP@Brandon ***********
thank you.Activity
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