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Answered9 years ago

Do you need 800,000 THB in the bank every year for retirement visa renewal in Thailand?

Peter *******
asked Aug 12, 2017
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Retirement visa - renewed every year - do you still have to 800,000 in the bank each time you apply for the visa renewal ?

thank you
Answer summary
When renewing a retirement visa in Thailand, you must consistently show either 800,000 THB in a Thai bank account, a monthly income of at least 65,000 THB, or a combination of both. The funds must be in a Thai bank account and seasoned for three months prior to renewal, except for the first application which is valid for only 60 days.
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Peter *******
Peter *******
OP
Tks - bit of prob income is ok but fall a bit short of 800,000 - oh well try think of way round it
Peter *******
Peter *******
OP
Thanks Steve
Steve *******
Steve *******
Mix and match. Top up your income with the difference in a Thai bank account.
Robert *******
Robert *******
For Extension of Stay the funds has to be in a Thai banking Account.
Jeff *****
Jeff *****
thank you.
Jeff *****
Jeff *****
Do the funds have to be in Thailand or can it be in your home country bank?
Lloyd ********
Lloyd ********
The money needs seasoning for 3 months for subsequent renewals. (First application is only for 60 days).
Steve *******
Steve *******
Yes, or a minimum income of 65,000bt per month or a combination of the two.

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