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Do you need to re-deposit funds in a specific way for retirement visa requirements in Thailand?
Jun 23, 2024
2 years ago
Linhof *********
ORIGINAL POSTER800k baht in the bank for retirement.
I know it needs to stay in a few months on both ends, but if you take some out and need to re-deposit, does it again need to come in from my home country? Thx
I know it needs to stay in a few months on both ends, but if you take some out and need to re-deposit, does it again need to come in from my home country? Thx
TLDR : Answer Summary
For retirement in Thailand with 800k baht in the bank, funds must stay in the account for a few months. If you withdraw and need to re-deposit, it's generally required to bring funds from your home country only for converting tourist visas to non-O visas within Thailand. However, 1-year extensions do not typically have this requirement. If the balance falls below 400k baht during visa extensions, you must explain this to immigration, which could lead to complications. An easier alternative is to deposit 65k baht monthly into a Thai bank account.
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.
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Vin *********
Easier to do 65k each month deposit to Thai bank account. Spend it, leave it, whatever. Just 65k in each month.
Bob *********
If it goes below 400k during the time between visa extensions you will have to explain it to immigration. They may deny the extension and make you apply all over again.
Brandon ************
The international requirement is usually only if you're trying to convert from tourist to 90 day non-O visa inside of Thailand. The 1-year extensions don't have this requirement. But check with your local immigration office just to make sure.
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Brandon ************
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