I have 800,000k Baht in my Bangkok Bank account in my name only. In order to use this to get my retirement extension do I have to prove that the money came from an overseas transfer.
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TLDR : Answer Summary
To apply for a retirement extension in Thailand using banked money, it is not necessary to prove that the funds came from an overseas transfer. The key requirements are that the funds must remain in a Thai bank account in your name only for at least 2 months before applying, must stay in the account for 3 months after the extension is granted, and must not fall below 400,000 Baht for the remainder of the year. Required documentation includes a 3-month transaction report, a standard bank letter confirming details, and an updated bank book at the time of application.
NON-O RETIREMENT VISA RESOURCES / SERVICES
Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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great that Chang Mai immi office posts this info. Every time I apply at Jomtien there are numerous farangs that don't know what docs they need. I've always thought it would be better for farangs--and office personnel, if they posted signs with docs needed for the various visas/extensions. I know you can find it online but seems a lot of people can't find the info they need online.
I’ve been doing extensions for more than 5 years now at Chiang Mai, and every time I bring in the paperwork based on last years requirement plus on line check for update, there’s still at least one of the 20-30 pp that I have to change or add more info to.
I’m hoping that one day it might be possible to pre-fill the forms on line …. one day.
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Alex *****
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Tod *********
To get a year extension based on retirement using banked money method there is no requirement that the funds come from abroad.
You need to have the funds in a thai bank account in your name only for 2 months before you apply for the year extension, the funds need to stay in the account for 3 months after the extension is granted and then the balance can't go below 400k baht the rest of the year.
The documentation you need from the bank is a 3 month detail transaction report (statement), the 'standard bank letter' (stating your name, account, date and balance the day the letter was written) and then update the bank book the date you apply for the extension
so did you have to agree and sign that your account be frozen for four months and you will not make any withdrawals during that time. Did you have the money in your account long before requesting the letter.
I think you’re referring to Bangkok Bank insisting the money is deposited in your account for four months before they issue a letter. I’ve had that money in the account for two years. You’re wrong to say the visa takes four months to be issued.
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Frederick *********
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