Do you need to have money in a Thai bank for a non-immigrant OA retirement visa?

Question

Is it true that getting a non-immigrant OA retirement Visa does NOT require $ to be in a Thai bank?

Ask Thailand · Answer

The non-immigrant OA retirement visa does not require funds to be held in a Thai bank; applicants can show funds from their home country bank account. The visa application requires insurance, health checks, and criminal background checks. While the visa can be renewed, applicants must return to their home country every 1-2 years for reapplication if they do not wish to maintain funds in a Thai bank. However, an alternative is the retirement visa, which allows applicants to open Thai bank accounts to fulfill local financial requirements after an initial application period. Specifics about health checks and travel while awaiting visa decisions were also discussed.

Ruth ******* · Answer

For those who have been through the health check or know those who have, what exactly is involved or could cause one to be rejected? I’m not asking for a theoretical “you have to be in fantastic health” kind of answer. Im looking for specifics.

Also, can one not travel to Thailand while awaiting the visa? How about elsewhere? Does one have to sit at home waiting for the phone to ring 🙂?

Also, can one not travel to Thailand while awaiting the visa?  How about elsewhere?  Does one have to sit at home waiting for the phone to ring 🙂?

Paul ********** · Answer

or apply for retirement visa, no health check, no criminal record check, just show funds available, health or travel insurance for said amount,

arrive with your 90 day visa, register address with immigration, get letter from them to say you have an address, take it to the bank, open 2 accounts 1 for the 800k transfered from your home country, the other account for general living.

Once the funds have been in Thai bank for 2 months, go back to immigration to get your 1 year visa, you renew every year, but you don't have to show insurance for renewals.

Marty ********* · Answer

If your goal is to never put money into a Thai bank then you will have to return to your home country every 1-2 years to apply for a new OA visa. This plan works for some people.

Wayne ********* · Answer

Same with OX leave your money at home :)

Brandon ************ · Answer

Yes. You can only get this visa in your home country and you show money in your home country bank account. It also requires $100,000 insurance, a health check and criminal background check, and any other requirements your embassy may have.

Do you need to have money in a Thai bank for a non-immigrant OA retirement visa?

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