Do my wife and I need separate deposit accounts for a retirement visa in Thailand?

Oct 14, 2022
2 years ago
Ali **********
ORIGINAL POSTER
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
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TLDR : 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.
NON-O RETIREMENT VISA RESOURCES / SERVICES
  • Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
  • For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
  • Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
  • Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
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
Ali **********
ORIGINAL POSTER
@Tod ********
, thank you very much for your explanation..๐Ÿ™
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