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Answered5 years ago

Do I need to submit a financial statement when renewing my Non-Immigrant O-A visa in Thailand?

Lily ******
asked Mar 23, 2022
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Hi

I entered Thailand last August on an Non-Immigrant O-A issued from Royal Thai Consulate in Sydney Australia.

I provided a statement of income from my Super Pension Funds to meet the financial requirement.

Does that mean that because it was originally issued in Australia and met the requirements that when I renew my visa this August that I am not required to submit a financial statement?

I have the necessary medical insurance.

Hope you can help me clear this up so that I am compliant when I apply for my visa again in August.
Answer summary
The user seeks clarification on whether they need to provide a financial statement for their Non-Immigrant O-A visa renewal, considering it was issued in Australia and met the initial financial requirements. Comments indicate that they have two options: either leave Thailand and re-enter for a new year's entry stamp or apply for a visa extension, which would require meeting the financial proof of funds requirement, such as keeping 800,000 baht in a Thai bank account for two months prior to applying.
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Bobby ********
Bobby ********
To save dropping 800k into a Thai bank account, start the 65k/month transfers, do a border bounce before your original OA expires, and get stamped in for a second "free" year. This will give you more than enough time to have the required 12 monthly transfers, ready for your extension when the second entry stamp expires
Lily ******
Lily ******
OP
@Bobby *******
I have started the 65,000 from Oct last year and I will just keep that going now until I get my new visa in country in 2023
Bobby ********
Bobby ********
Lily Simpson. Best idea by far. You need money to live on anyway (my budget is around 45k/month), so it's easy to bump it up to 65k. It's money you can spend as soon as it hits your bank account, unlike the ridiculous 800k gig, which effectively means if you're going to stay in Thailand for here ever after, it's 800k you'll never see again.
Lily ******
Lily ******
OP
@Bobby *******
thanks heaps Bobby that is what I will now do
Tod *********
Tod *********
nope doesn't mean that at all 😕

You wouldn't be renewing anything, you have a year entry stamp from a year-long, multi-entry OA visa that you bought in your country,

AND

you have two choices,

1 - you can exit and re-enter the country before the VISA (sticker itself) expires and that will get you stamped in for a whole new year (as long as you have another year of insurance)

OR

2 - you can meet the proof of funds requirement (800K baht in a thai bank account in your name only for 2 months before you apply) and have the year insurance too, by going to the immigration office and apply for a yearly extension for 1900baht.

So if you decide to go for the year extension inside the country the 800K baht needs to be in the account for 2 months on the date you APPLY for the new extension (which you can do when you have 30 days or less left on your current entry stamp)
Lily ******
Lily ******
OP
@Tod ********
just another quick one. Could I use bringing in 65,000 Baht a month as an alternative to the 800,000 baht in the bank
Tod *********
Tod *********
@Lily ********
as long as NEXT year when you go to apply for your yearly extension that show international transfers into a thai bank account in your name only for at least 65K baht a month each month every month for the preceding 12 months it will work
Lily ******
Lily ******
OP
@Tod ********
thanks heaps. I have been sending 65,000 since Oct 2021 so I will continue that and next year in August I will meet that requirement by far. Thank you so much for your clear advice.
Lily ******
Lily ******
OP
@Tod ********
thank you. I can go to Singapore for a few days before my current visa expires and then come back in with my medical insurance and good to go for another 12 months. Which will give me time to move the 800,000 baht across for the following year.
Tod *********
Tod *********
@Lily ********
totally will work
Lily ******
Lily ******
OP
@Tod ********
sorry to be a pain. Just one more clarifying question.

The initial visa issued in Australia is valid until 3 Aug 2022 and the entry stamp says until 26 Aug 2022.

Which date do I need to leave and come back in by to get the additional 12 months?
John **********
John **********
Will you be applying for a new Non-OA in your home country or an extension of your existing visa inside Thailand?
Lily ******
Lily ******
OP
@John *********
extension of existing visa inside Thailand.
John **********
John **********
@Lily ********
then you need to meet the financial requirements to apply inside Thailand. 800k baht in an account in your name only. It needs to be in the account for 2 full months before you apply and 3 full months after you apply, then it can drop to 400k until it has to come back up to 800k 2 months prior to the next application. Plus you of course need relevant insurance in place for the duration

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