Hello. I have received Non-O retirement Visa back in December, 2024 with 800K method.
Do I have to maintain 800K balance for next 3 months ( until march 2025)? or Can I use the money now??
Answer summary
You must maintain the 800,000 baht balance in your account until March 2025, three months after the grant of your Non-O retirement visa. After that period, you can reduce the balance to a minimum of 400,000 baht for the remainder of the year.
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Tod *********
The seasoning requirement for banked money method on year long retirement extensions is;
You needed the 800K baht in the bank for 2 months before you applied for the extension.
The 800K baht has to stay IN the account for 3 months after the extension is granted
and
then you have to maintain a minimum balance of 400K baht in that account the rest of the year
So the funds stay at or above the 800K baht until March 2025