Answered4 years ago
Do my wife and I need separate deposit accounts for a retirement visa in Thailand?
I will come to CM with my wife on a tourist visa. We want to get a retirement visa (NON O).
Do I need to open two separate deposit accounts for my wife and myself?
Can this account be a foreign currency account
Do I need to open two separate deposit accounts for my wife and myself?
Can this account be a foreign currency account
Answer summary
To obtain a retirement visa (NON-O) in Thailand while on tourist visas, you and your wife will need to open separate deposit accounts. Each account should hold the requisite amount of 800,000 baht or its equivalent in foreign currency. A foreign currency account is acceptable, but you should be cautious of the exchange rate fluctuations that could affect your balance and compliance.
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Tod *********
The only way to do it with both you and your wife coming in on tourist visas IF you don't come from a country whose embassy here issues the affidavit of income from abroad notary letter for proof of funds is for you both to open an account and put in the requisite 800K baht or the equivalent in foreign currency
Yes the account can be a foreign currency account but pay attention to the exchange rate because if it drops and your balance falls below the threshold required it will cause you problems
Yes the account can be a foreign currency account but pay attention to the exchange rate because if it drops and your balance falls below the threshold required it will cause you problems
Ali **********
OP@Tod ********
, thank you very much for your explanation..🙏Activity
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