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Do funds for the over 50 visa in Thailand must come from abroad, and can a relative transfer money for this purpose?
Thailand Visa RulesNon-O VisaRetirement VisaMoney TransferBank Account RequirementsVisa Application Process
Jul 15, 2022
4 years ago
Yasha *******
ORIGINAL POSTERMoney seasoning for over 50 visa. Do funds must come from abroad? If yes can a relative transfer to the person who doing the visa/extension. Tanks
TLDR : Answer Summary
For the over 50 Thai retirement visa, funds totaling 800,000 Thai baht must be transferred to a Thai bank account in the applicant's name via international transfer. A relative can indeed send this money, provided it is sent internationally. While the current regulations do not explicitly require the funds to come from abroad for extensions, ensuring the transfer is shown as international may benefit the application process.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
- For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
- Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
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Desty ******
Is it yearly income + 800 K on a Thai bank account , OR
*****
THB income only OR 800 K only ( if no income) ? hope I'm clear 😅 thank you!Tod *********
@Ali ***
You have 3 ways to meet the proof of fundsALL banked money 800K baht in a thai bank account in your name only
ALL monthly income where you transfer in from abroad to a thai bank account in your name only a minimum of 65K baht a month each month every month for the previous 12 months
A combination of banked money and monthly income that totals 800K baht for the year (12 monthly transfers and the banked money amount)
Desty ******
@Tod ********
many thanks Tod for the explanation 👍🏻🙏🙏🙏Reply to
Desty ******
Reply
Darren *********
If the funds are sent using my wise account, will it show as a international transfer?
Jack *****
@Darren ********
I believe you can select purpose of transfer when using wiseKevin ***********
@Jack ****
That’s what Tod just said. And, as he also said, it doesn’t always work. There’s another Facebook group dedicated to issues with Wise and Thailand.Jack *****
@Kevin **********
Do the transfer on desktop brower, not on your phoneReply to
Jack *****
Reply
Tod *********
@Darren ********
that is between you, wise and the receiving bank. IF you use Bangkok Bank, Kasikorn Thai, or Siam Commercial Bank, AND you select funds for long term stay there is a good chance it will code as an international transfer, BUT even doing that sometimes it codes as a domestic transfer and that will run you off the rails.Reply to
Tod *********
Reply
Hans ********
@Ellie ******
These sheets you are handing out is very informative and easy to understand. Thank you for that!Thanks to all the moderators and admins for your hard work.
Ellie *******
@Hans *******
, glad someone found them kind of useful. Thank you.James ********
@Hans *******
credit goes to Moderator @Ellie ******
for her preparing the many Visa related graphics.Reply to
James ********
Reply
Ellie *******
When you apply for an in-country Non-O visa based on retirement, yes, your funds of 800k have to be transferred internationally as James explain above.
When you apply for a 1-year extension based on being over 50, there is no written requirement of international transfer in police order.
When you apply for a 1-year extension based on being over 50, there is no written requirement of international transfer in police order.
James ********
Yes the 800,000 Thai baht must be sent to a Thai bank account in your name only...by way of international transfer and must show as an international transfer to your account. The source of the funds is not asked...so Yes a relative can send it as long as it's an international transfer to your Thai bank account.
Roland ******
@James *******
Does it requires monthly transfers or can it be quarterly or yearly?James ********
@Roland *****
monthly or One lump sum by international transfer to your Thai bank account in your name only. AND remember that there are required amounts on deposit to be met during the year.Reply to
James ********
Reply
Simon *****
@James *******
Are the 800K must be new money? I am asking because I had remitted funds from overseas into Thailand years ago to buy condos, and now I have sold one of them and the proceeds sit into my Thai bank account. I have all the proof of these transactions. I tend to give up my non OA when it expires and shift to apply for a non O here in Thailand. Will they accept my funds already existing in my Thai bank account? Or do I have to remit another fresh 800K into the account?Marty *********
@Simon ****
You should ask your immigration office if they will accept that.Glen *********
To clarify you can NOT go from Non-OA to Non-O inside Thailand. You must leave Thailand and return (on tourist visa as example) and then apply for Non-O inside Thailand or apply inside your own country for Non-O before you return.
Simon *****
@Glen ********
I know this. I will leave Thailand and wait till my non OA expires, then get a TR60, fly in again and apply for my non OReply to
Simon *****
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