Answered2 years ago
Do you need to have 800,000 baht in a Thai bank for a retirement visa application in Thailand?
When you apply for one year retirement visa have you got to have 800,000 in Thai bank or in your own country bank ???
Answer summary
When applying for a one-year retirement visa in Thailand, the requirement is to have 800,000 baht. If applying from outside Thailand, this amount can be in any bank. However, if you are applying within Thailand, the funds must be in a Thai bank account held in your name. It's important to note that some users suggested consulting an agent for assistance with these requirements, especially regarding how long the funds must be maintained in the account and the necessary documentation.
39 repliesnewest first
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Kevin ******
Is the fee of 76k or 86k to get the 1.5 visa high??
Frank *******
Just wait a few days, probably a few more new visas will pop up!
Leslie ******
OPI give up you think you know but you dont
Albert *****
Check this. All inclusive until you get 15 mths retirement visa. You just need to show up with your passport :)
*******************************************************************************
Michael *******
Amazing advertising a corrupt process, bit like the agents who offer to take driving test for you mind blowing
Leslie ******
OPthat’s a grate way to go to prison tell everyone your tricks well done
Leslie ******
OPAnd your insurance ?????? Come on
Wynter ******
800,000 baht which is around 25,000 dollars for retirement visa
Wynter ******
It is 800,000 baht not dollars.
Leslie ******
OP@Wynter *****
if an agent get you the visa just tell me how long the 800,000 is in your bank seconds and the law say two months ?????? Think about itLeslie ******
OPThanks
Wynter ******
@Leslie *****
all of this is in the embassy website ,;you might want to take a look.Wynter ******
@Leslie *****
huh? You get your visa from the embassy. You present bank statement for 3 months. You have to present your documents in person.
Craig *******
@Wynter *****
Have a look at your figure there.Wynter ******
@Craig ******
I deleted the extra zero thanksWynter ******
Which is around 25,000 usd
Gary *******
You need a agent to help you get the retirement visa as they can assist you with the 800,000 in your bank accounts
Kevin ******
As a follow up question, can we later pull that 800k from the bank, convert to home country currency and take it back home?
Peter ****************
@Kevin *****
By the way, IF you have Thai baht already, the max is 500,000฿. But that's only posible when you bought so much Baht in another country ofcourse, which doesn't seem smart to me.Peter ****************
@Kevin *****
Indeed, but that also has a max. I'm Dutch and then it is 10.000€. For USD I thought it's 20.000 dollar. Many times these are also the limits (without reporting before, because then there in no limit) from the country you come from. And yes, they almost never check but...........Leslie ******
OP@Kevin *****
you can only take 15,000 out of Thailand so check on how much you can travel with . You mite have it taken away from you and nothing you can do about… keep receipts for all money in and out of Thailand my friend or lose the lotPeter ****************
@Leslie *****
Sorry, but is 50,000฿ max.Kevin ******
@Peter ***************
but they never asked me how much I have before??
Chris *******
@Kevin *****
if you are cashing out, it's your money.
John ********
@Kevin *****
no you can't drop below *****
0thb Frist you have to pay
*****
thb per month for the year and then show the thai immigration office before you can get the *****
0thb out, but you need the immigration department to say yes you can take the *****
0thb out of your account and you will continue to pay *****
thb in the bank account for the years t come
Todd *********
@Kevin *****
yes, you absolutely can. But if you need it for further visa extensions, it’s wise to leave it alone
Graham ******
@Kevin *****
That depends what you intend to do regarding extensions for year 1, 2, 3 etc.
Paul *******
If you are in Thailand. you are applying for an extension of stay based on being over 50 and not a visa. And if so your money needs to be in a Thai bank.
Leslie ******
OP@Paul ******
plus did you not know you can not extend an extentionLeslie ******
OP@Paul ******
it’s a retirement visaGraham ******
@Paul ******
You can also get the initial Non-O based on retirement from inside ThailandPaul *******
@Graham *****
Correct, Howeverm yhe poster asked about a 1 year visa.Graham ******
@Paul ******
The OP said "one year" and "retirement visa", it can't be both, it's one or the other - a 12 month extension or a retirement Visa.
Stuart *********
If you are applying outside of Thailand it can be in any bank.
Applying inside of Thailand it needs to be in a Thai bank account in your name only.
Applying inside of Thailand it needs to be in a Thai bank account in your name only.
Ronald *********
@Stuart ********
That's good to know, having the 800,000 in a UK bank if I applied in the UK for the visa.And for my reporting to the IMO, can the money remain in the UK bank ?
Stuart *********
@Ronald ********
No. the OP didn’t specify what visa they were applying for. So I didn’t quantify specifics but once you’re over here it needs to be in a Thai bank account.Leslie ******
OP@Stuart ********
ok thanksLeslie ******
OP@Stuart ********
🙏 thanks
Michael *********
@Stuart ********
Thats good to know 👍Activity
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