Hi, after advice re my retirement visa and money requirements.
Am into my second year of retirement visa and have been depositing 65000 baht monthly for last 18 months.
Do l still have to have the 800000baht in bank before annual renewal and if not am l required to still maintain a minimum balance in my account even though I make monthly deposits??
Thanks in advance.
TLDR : Answer Summary
When renewing your retirement visa in Thailand, you must adhere to the financial requirements associated with your current extension and your upcoming one. For your current extension, you are required to maintain 800,000 baht in your bank account for three months after it was issued, with a minimum balance of 400,000 baht afterwards. For the upcoming renewal where you will be using monthly international transfers, you need to show that you have deposited at least 65,000 baht each month into your Thai bank account for the previous 12 months. Make sure these transactions are recorded as international transfers, and obtain a bank statement showing this to present to immigration.
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.