Answered2 years ago

Do I need to provide proof of a 65,000 baht monthly deposit for a retirement visa in Thailand?

Thailand retirement visa NON-O visa financial proof for visa 65,000 baht monthly deposit 800,000 baht deposit visa application process

Warren ********

asked Jan 3, 2025

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For the 65,000 baht monthly deposit, do need to show that proof of deposit for a year before applying for the 1 year visa or just documentation that I have it? I also have the 800,000 baht to deposit. Could I deposit it and apply for the retirement visa and in parallel deposit the 65,000 baht and eventually prove that I have it and then withdraw the 800,000? Thank you

Answer summary

To apply for a 1-year retirement visa in Thailand using the 65,000 baht monthly deposit method, you cannot use this method for the initial visa application or the first yearly extension. You will need proof of at least 12 months of a 65K monthly international transfer for a subsequent extension. If you have 800,000 baht, you must maintain that amount for three months post-approval, and you should keep at least 400,000 baht for the remainder of the year. Therefore, switching financial proof while applying requires maintaining both deposit methods for a year.

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Ellie *******

First of all, you have to check with your local immigration office whether they accept 65K monthly deposit method for an extension based on retirement.

If the embassy of your passport nation in Thailand issues an affidavit, you need only that for financial proof.

In case your embassy doesn't issue affidavits (US, UK, and AU are among them)

1. A 65K monthly international transfer method can be used only for a 1-year extension for the second year or later. You cannot use the monthly deposit method for the initial in-country Non-O visa based on retirement or the first yearly extension for retirement.

2. You need more than 12 months of international transfer, at least 65K per month, as of application day for a one-year extension based on retirement.

3. If you applied for a yearly extension using banked money of 800K baht, you have to keep 800K for three months after an extension is approved and no less than 400K baht for the rest of the year until you get approved for next year extension regardless you do monthly transfers of 65K.

If you mean switching 2 to 3, you must keep BOTH for a year when transitioning.

Attached is a rough image of how to switch the financial proof methods. It may or may not help..

2 years ago

Alan *********

@Ellie ******

Thanks .... that was brilliant.... very helpful

2 years ago

Warren ********

@Ellie ******

thank you for the detailed answer, very helpful 🙏

2 years ago

Andrew ********

@Ellie ******

Do you have something like that for the marriage Visa?

2 years ago

John **********

@Andrew *******

marriage visa requirements are quite different and don't require you to keep any amount after an extension is granted

John **********

that's not normal

Andrew ********

NST has a schedule, after 3 months, you can spend 200k, after 6 months, 400k, then you need 400k back in from 9-12 months! I think I’m on the monthly transfer method, I’m not even sure, because the bank statement I offered for proof also had over 400k in it!

2 years ago

Ellie *******

@Andrew *******

, No, as financial proof for an extension based on marriage to a Thai is not tricky like one based on retirement.

The basic concept is roughly the same as retirement. Anyway, not many immigration offices accept the monthly transfer method for a 1-year extension based on marriage to a Thai.

2 years ago