Answered10 months ago
Do I need to transfer funds from abroad for my Thai retirement visa extension applications?
I have a question related to applying for the first time extension for the purpose of retirement. I will enter Thailand using Non-O Visa and I intend to apply the extension around 45 days before the visa expires. Would the required 800K deposit have to be transferred from abroad or showing existing funds in Thailand is sufficient? I intend to apply at Chaengwattana Office. Thank you for all the answers.
Answer summary
When applying for the first time extension of a Non-O Visa for retirement in Thailand, the required 800,000 THB does not need to be transferred from abroad. It is sufficient to show that the funds are maintained in a Thai bank account solely in your name for at least 2 months prior to the extension application. Along with the funds, applicants must provide a transaction report, a bank letter confirming the balance, and updated bank statements at the time of application.
18 repliesnewest first
Click comment and we will ask for your email, then OTP, then name.
Luciano ***********
The 800k does not have to show its origin. It just needs to be in a Thai bank account solely in your name for minimum 2 months (edited from 60 days) before the extension is granted and 3 months after if you plan on getting a further 12 months at the end of the first 12 months. You also will need statements, and a letter from the bank for immigration also your bank book up to date. Make s small transaction on the day you do the bank book update
Tod *********
@Luciano **********
careful saying 60 days, because the rule is written as 2 months and often times 2 months is MORE than 60 days 😉Pho ********
OPI already have a Thai bank account with the funds. I just would like to ensure based on experience of others that immigration will not insist that the funds come from abroad as I see conflicting reports from different visa related forums even though official immigration website does not mention this requirement.
Tod *********
@Pho *******
there is no requirement that the funds come from abroad when you get a yearly extension based on retirementPho ********
OP@Tod ********
Thank you for the confirmation.
Graham ******
It sounds like you already have a Thai bank account if you plan to apply at around 45 days
Pho ********
OP@Graham *****
Yes, you are correctTod *********
There is no requirement that the 800K baht funds come from abroad, only that it's in a thai bank account in your name only for 2 months before you apply for the yearly extension.
you'll need a 2 month detail transaction report, the standard bank letter (stating the balance the date they write the letter) and you need to update your bank book the day you apply for the extension
you'll need a 2 month detail transaction report, the standard bank letter (stating the balance the date they write the letter) and you need to update your bank book the day you apply for the extension
Jim *******
@Tod ********
The OP said he has had the funds in Thai bank acount for 2 months. Why are you extending it to 3 months?Tod *********
@Jim ******
I changed it to 2 months detail report, that's all they requireMy apologies for the mis-information
Tod *********
Just so everyone is clear the actual seasoning of the funds is for 2 months before you apply for your extension
The reason I said get a 3-month detail transaction report is that that will more than cover the time the funds need to be seasoned.
The reason I said get a 3-month detail transaction report is that that will more than cover the time the funds need to be seasoned.
Greg ***********
@Tod ********
it's confusing to some, because if you entered on a 90-days Non-Imm-Visa and opened a bank account on it as soon as possible, you can definitely not succeed in showing a 3-months detailed bank statement, because your bank account has not yet existed since 3 monthsTod *********
@Greg **********
yep, your correct, and you just need to show the funds have been banked the 2 month, I edited my commentColin *********
@Greg **********
I was actually referring to foreigners, particularly Westerners, who get confused as you said. Tod recommended three months back statements, whereas the official seasoning requirement is two months. I can't understand where the confusion arises, but you don't need to worry about explaining it - if it crossed your mind.Greg ***********
@Colin ********
Thai logic can't get described as being common sense but it works when you accept THEIR logic 😂Colin *********
@Greg **********
then it would just need to cover the period of time since the account was opened, if the account was opened less than three months ago. Common sense would tell me that, but it seems that these days, common sense isn't so common.Activity
7 joined7
people
Related
25Is an income of 65,000 THB per month sufficient for a Non-O visa in Thailand without needing 800,000 THB in a Thai bank account?
3.3k28372mo
How do I manage the 800K Baht requirement for a Non-O visa in Thailand as an Australian retiree?
3.9k28562mo
What is the required validity period for a bank certificate for the non-O retirement visa extension in Thailand?
860782mo
What are the bank account requirements for applying for a Non-O visa from the UK?
42694mo
Can I deposit a cashier's check or money order into a Thai bank account for visa requirements?
1.7k15154mo
What are the differences between Non-O and Non-OA visas regarding the 800,000 THB requirement?
2.9k22327mo
What are the risks of signing a six-month lease agreement in Thailand while on a Non-Immigrant O retirement visa if my extension is denied?
7653119mo
Can a UK citizen enter Thailand on a 60-day visa exemption and convert to a retirement visa in-country?
3.4k27369mo
Can I obtain a retirement visa for Thailand without the required bank deposit but with monthly income proof?
5.3k41669mo
What is the process for obtaining a Non-OA retirement visa for Thailand and funding requirements?
4.3k42251y
How can I open a Thai bank account to apply for a Retirement visa without a long-stay visa?
2.1k12291y
What are the requirements for maintaining 800,000 baht in a Thai bank account for extending an O-A visa in Thailand?
2.5k2491y
What documents do I need to renew my retirement visa in Thailand, and do I need to maintain 300,000 baht in my bank account?
3.5k29272y
Can I transfer my money into my husband's Bangkok bank account for his Non-O visa application?
1.6k11103y
What are the rules for applying for a Non-O retirement visa extension in Thailand?
1.1k853y
Do I need to show the 400k for a Non-O visa based on marriage as an overseas international transfer?
1k3113y
Do I need to have a Thai bank account to extend my Non-O visa as a guardian, and how can I open one?
1.1k6124y
Does the 400,000 baht requirement for a Non-O marriage visa extension have to be in my name, or can it be in my Thai wife's name?
2.1k18104y
Can I enter Thailand on a tourist visa and then apply for a Non-O retirement visa using cash for the 800,000 baht requirement?
3.5k27335y
Can a letter of guarantee from my condominium owner help me obtain a longer visa or open a bank account in Thailand?
2.9k24225y
What are the bank account requirements for the OA non-immigrant retirement visa extension in Thailand?
2.3k16215y
How do I apply for a marriage visa at a Thai embassy in my home country and fulfill the THB 400,000 security deposit requirement?
1.1k585y
What visa do I need to retire in Thailand and do I need a Thai bank account for my retirement?
7.4k61786y
What are the rules for the 800,000 baht requirement for a retirement visa in Thailand?
9.3k89686y
Do I need to transfer money from abroad for my Non-O visa renewal in Thailand?
3.2k23356y
Resources
Need help with your retirement visa?
#1 visa agent · 4,000+ reviews · 100,000+ expats served