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Do retirement visa funds need to be from a specific source for the 65,000 THB monthly transfer in Thailand?

Jun 21, 2025
2 days ago
Pedro *******
ORIGINAL POSTER
In terms of the 65.000 THB monthly transfer to replace the 800.00 deposit for the Retirement Visa, does it need to be send from an organization (for example the Social Security), or can it be from a private account (even in my own name), assuming all months the 65.000 THB are transfered ? Thanks.
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TLDR : Answer Summary
The 65,000 THB monthly transfer to meet retirement visa requirements can come from a personal account and does not need to be from a specific pension or retirement-related source. It's essential that the Thai bank identifies these transfers as international. Previous bank statements or proof of income may be required during the visa application. Moreover, applicants must maintain proper records of their financial transactions to avoid complications.
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.
Dwayne ********
Does the US government do auto deposits into foreign accounts? Been awhile but thought not. Everything is constantly changing to or back to in Thailand so will ask if the first transfer is 800k before the monthly will be acceptable?
Steven *********
@Dwayne *******
SS can directly deposit to Thailand. BB has a form they complete which is signed by bank manager to help with this. Than go to the US Embassy in Manila and download and complete the US form they have. Send both forms to the US Embassy in Manila. They will then arrange direct deposit of SS payment to your Thai account. I plant to do this when I complete my permanent move to Thailand in July. US SS $ are not taxed by Thailand per agreement with US. I was told the process takes about three months to complete and then needs to continue several months to become “seasoned”.
Steven *********
@Dwayne *******
you are welcome. I did not discern that your were so young 555. I am 72 and shooting for a healthy 120. 555
Dwayne ********
@Steven ********
thanks, was curious but my SS planned age is 5 years away though already a full-timer in Thailand. That SS will help balance the huge post Covid inflation.
Nick ************
I have just changed from banked
*****
0 baht to monthly payments of
*****
+ baht. Firstly it is important to remember that you must meet the criteria on which your extension granted on banked money are met. Ie. You must keep
*****
0 baht in your account for three months after renewal. Then the balance must not fall below
*****
0 baht. I kept it at
*****
0 baht for the full year to be safe. AT THE SAM TIME 12 monthly payments of
*****
baht plus must be made into your thai bank and show as international transfer on your statements and bank book. Miss one and you are done. Fall short by 1 baht and you are done. I transfer
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baht monthly to BB using Wise and funds for long term stay my account is tagged and the last 18 transfers have shown as international with no issues. On applying for my extension based on monthly transfers I approached immigration with trepidation. However they were very helpful in spite of not being familiar with this method. I was asked to go away and produce evidence of where the transfers had come from. I provided my home bank statements and they had obviously made themselves mire familiar with the rules. The IO took over an hour tracing money out of uk and into Thailand. The transfers did not need to be from pension income, most were from rental income. Finally the Officer came over, smiled, (usually a bad sign) and said we give you your visa. I had printed out bank statements from BB and was not asked to get them verified by the bank. My bank book showed a transaction on the day which was a phone top up. The only thing I asked the bank for was a copy of my updated bank book which they willingly did foc. I got my stamp and verified that I could now remove the
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0 baht which was in another account. It was easier than I thought.

As I do not spend
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baht per month I am building up more cash in Thailand than I would like especially as I am in the uk for 6 months so as not to be tax resident in Thailand this year. Going forward I will move money back to my uk bank and use it again for monthly transfers. This appears to be quite cheap from BB using a bank to bank or swift transfer.

I hope this helps anyone doing the same but check with your office as they vary.
Mark ********
@Nick ***********
The bank statement should specify that it's an international transfer. You'll need your bankbook, a copy of your bank book, the last 12 months' statements and a letter detailing the foreign transactions...this is what the BKK bank letter looks like
Dwayne ********
@Nick ***********
that answered my questions
Nick ************
@Dwayne *******
if I had needed that letter I would have said that I needed that. I didn't but at another office you might. I printed the statements myself from the banking app as I also did from my home account.
Dwayne ********
@Nick ***********
I actually didn’t read past the first sentence, then skimmed. It just looked detailed enough and where the money comes from doesn’t matter. Thai immigration just likes paperwork. At my immigration, I needed the letter but wasn’t a problem, an annoyance yes, an additional hour sitting outside in 34 degree (celsius) heat with just overhead fans and millions of tiny flies and not to forget the mosquitoes.
Nick ************
@Dwayne *******
I expected to be told to get my ststements verified and a letter from the bank but no. Fortunately my office in Nakhon Phanom has just moved into a huge purpose built building which is fully air conditioned. The Officers are much happier and there are far more of them. There has been no que for the last three visits I have made. I still feel for those who have to que standing outside in the sun as I have been there myself.
Frode *********
How long do you have to transfer this amount to be able to use to apply for retirement visa? Is it 3 months?
Dany ********
@Frode ********
12 months
Frode *********
@Dany *******
How is that possible to have 12 month history if you staying on non o, 180 days to get bank account. So have to transfer money for a year before be able to apply for retirement visa.
Dany ********
@Frode ********
what do 180 days have to do with it? nothing… if you start off with a non-o then you cannot use the 65k option for the first year. the first year will need to be with the 800k and after a year you would switch. non-o is only 3 months and in these 3 months you open the bank account.

to directly start off with the 65k option you would need the non-oa which has other problems. but that is a 12month visa and applied outside of thailand.
Graham ******
@Frode ********
The 800k needs to be in your account on the day of the application except for Jomtien and maybe a couple of other Immigration Offices which require it to be seasoned
Frode *********
But if you want to use 65.000thb monthly income instead
Johnny *********
Absolutely
Nongnuch ********
every monthly transaction from your foreign account to your Thai bank account must be coded as coming from abroad. Some Immigrations additionally ask for the real source of the income (pension, rental income, investment, savings). If you use WISE for the transfers, make sure you tick the box "living expenses for long term stay in Thailand", as only on this reason, the transfer will be coded as coming from abroad. All other reasons will result in an in-country transfer from a Thai WISE account to your Thai bank account
Frank **********
It possibly can be office specific. My Immigration Office in Maha Sarakham wanted a copy of where I am getting my pension. I gave them a copy of my Social Security statement with my Social Security number blacked out.
Bob **********
When I apply for my yearly extension I show my SS statement as proof of a pension
Steve ***********
@Bob *********
they make you show proof now?
Bob **********
@Steve **********
get the handout from your IO
Steve ***********
@Bob *********
haven't had one in years.Before I went to American embassy and more or less signed an affidavit that I had a pension. $50 to notarize it. No proof was shown.
Bob **********
@Steve **********
you can’t get a financial certificate from the embassy any more I just print my yearly statement can’t really say it’s a requirement but better be safe than sorry the US embassy used to come to Pattaya and we would get notarized letter
Michael ***************
It can be from your personal account. You need to make sure that the "reason for transfer" is listed as "long term stay in Thailand."
Damo ***********
@Michael **************
correct. But some banks will not show as ‘international transfer’ even if using the ‘long term funds’ option in Wise.
Charlie *********
I’ve read that it does not have to be traceable back to a “retirement-type source.” In can be any source. Unless you want to qualify for tax-exempt status - then showing the source would be required . Someone correct me if I’m wrong.
Todd *********
@Charlie ********
what tax exemption status would you be seeking
Charlie *********
@Todd ********
IAW the tax treaty, US government-sourced pensions are exempt from being taxed by Thailand. Other pensions may or may not be taxed in amounts remitted to Thailand, only subject to the double taxation factor. If the tax in the US is only 10% and the tax in Thailand is 15, then the remitter will owe Thailand the difference (5%). If the tax in the US is equal to, or more than the tax in Thailand, the remitter will owe Thailand nothing. It is not just simple matter of whether it is taxed in the US or not.
Charlie *********
Read Article 20, paragraph 2 of the treaty to confirm the tax exempt status of government pensions.
Charlie *********
@Todd ********
The one that is outlined in the tax treaty between Thailand and your country of origin (if there is one). If you spend more than 180 days in Thailand, you are a tax resident.
Todd *********
@Charlie ********
being tax resident doesn’t mean you are paying tax at all (but it could). The tax treaties prevent dual taxation. And the only ‘exemption’ is for LTR visa holders.
Charlie *********
@Todd ********
US government-sourced pensions are exempt, regardless of visa type.
Rok ********
@Charlie ********
true for Italy not sure about Thailand where taxation is on Remittance Basis not worldwide income.
Todd *********
@Charlie ********
no, they are definitely not exempt. But in accordance with the treaty, they are taxed in the nation in which they are paid out. In this case USA.
Charlie *********
Many ignore it, but that doesn’t mean there aren’t income tax rules/laws on the books for monies remitted to Thailand (not monies that remain in your home country).
Graham ******
Colin **********
@Graham *****
i was once asked to confirm the origin of my fund, I showed them a statement. I think this falls into the "they can asked for additional documentation" should they feel inclined. It only happened once about 2 or 3 years ago.
Graham ******
@Colin *********
but the source of the funds transferred does not need to be "retirement-type", i.e. a pension, it can be any type of earned income or investment yield
Charlie *********
Nick ************
@Graham *****
you are correct.
Colin **********
@Graham *****
i think your right
Colin **********
I seem to remember there were "stories" in the news about money laundering and the like.
Charlie *********
@Graham *****
How so? I double-checked with chat GPT.
Charlie *********
Good lord, you people (laughers) are stupid. I have read excerpts from the treaty itself as well as many other articles on the subject. That was about a year ago. I used chat gpt to confirm what I already knew. Had it said something else, I would have triple-checked another source. Don’t you have anything better to do than be snotty middle-schoolers?
Charlie *********
Laughing emojis are pure-ass ignorant rudeness. I hope you’re proud.
Roger ********
It can be any transfer, but ensure that the Thai bank shows it as an international transfer
Jeremy ********
Yes and yes
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