Do I need to maintain an 800,000 Baht deposit in Thailand if I receive a pension of more than $2,000 a month from the USA?
Sep 7, 2024
3 months ago
Arendarski *******
ORIGINAL POSTERTLDR : Answer Summary
Even with a pension of over $2,000 per month from the USA, you still need to maintain an 800,000 Baht deposit in your Thai bank account for the initial 1-year retirement visa, as the US embassy does not issue income verification letters. After the first year, there are options to switch to a monthly transfer verification, but the 800,000 Baht is necessary for initial compliance with Thai immigration rules. Some alternative options, such as using an agent to front the funds temporarily, are available but at a cost.
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.