ask
Search
Ask
Answered5 years ago

Do you need to show money in a Thai bank for renewing a retirement visa from your home country?

Dennis ********
asked Sep 27, 2021
2.3k
views
9
replies
5
likes
If you renew your retirement visa in your home country every year do you still need to show money in Thai bank or is money in home bank OK?

Guess I'm thinking for those who plan to spend a couple months in home country every year.

Thanks
Answer summary
When renewing or obtaining a Non-O-A visa for retirement from your home country, you can keep your funds in your home country bank, without needing a Thai bank account. However, it's essential to verify the specific requirements, including health insurance, as stipulated by the Thai embassy in your home country. This visa allows up to two years stay in Thailand with proper planning.
9 repliesnewest first
6

Click comment and we will ask for your email, then OTP, then name.

James ********
James ********
I have added the TOPIC

NON IMMIGRANT O-A Visa home country on your post...

Click on it and all posts from others will pop up to read re the O-A visa.
Benjamin ******
Benjamin ******
@Jannie *******
Please don't hijack posts, but since this is similar enough, I'll let it slide.

>If I apply / buy a thai retirement visa OA in South Africa can it be renewed in thailand after 1 year?

Yes it can. You will need to meet insurance requirements though

>And will the same rule apply where you have the option of either 65k baht monthly or 800k in bank or a cimbination of both?

Yes, you need to meet the financial requirements.

>If I should exit Thailand during the year and return does the time reset to one year when back in Thailand?

If you are on a one year extension of stay, the time does not "reset" when you leave Thailand. Your original visa would probability be used when you get the one year extension of stay. If you return, you must have the same insurance requirements as the Non-OA visa.

To prevent further hijacking,I'm closing comments. Thank you.
Jannie ********
Jannie ********
@James *******
If I apply / buy a thai retirement visa OA in South Africa can it be renewed in thailand after 1 year?

And will the same rule apply where you have the option of either 65k baht monthly or 800k in bank or a cimbination of both?

If I should exit Thailand during the year and return does the time reset to one year when back in Thailand?

Regards
James ********
James ********
If you get the O-A visa for retirement... You can keep your money in your home country bank....earning interest.

Look over its requirements on your home country Thai Embassy website.

With planning that visa can get you up to two years stay in Thailand with one time out and reentry before the first year is expired.

Stan Moore and you can keep your money in your home country bank earning interest...

And do not have to worry who will inherit my money if I die in Thailand... Without the need for costly and lengthy Probate court and Thai attorney fees to get the money released to heirs...

That is why many do it.
Mike *******
Mike *******
@James *******
get more interest in thai banks.
James ********
James ********
@Mike ******
Mike Smith I can earn 3% in my home country guaranteed.
Benjamin ******
Benjamin ******
You are not renewing anything. You are purchasing a new visa. If you are going home to purchase a new Non-OA visa each year, you can keep the money in a local bank account in local currency. You will need health insurance as well.
Stan *******
Stan *******
And you'll buy and maintain Thai health insurance even though your not there some of the time?
Benjamin ******
Benjamin ******
@Stan ******
if a person is returning to the country of passport to purchase a new Non-OA visa each year, they will need to meet health insurance requirements.

Activity

6 joined
Dennis ********
Dennis ********
Dennis ********
Dennis ********
Dennis ********
Dennis ********
6
people
Thai Visa Advice
Thai Visa Advice
...members40% approval
Member 1
Member 2
Member 3
Member 4
Member 5
Member 6
Member 7
Member 8

Related

25
How do I start the process for obtaining a retirement visa in Thailand?
9.4k87931mo
Can I switch from a monthly deposit retirement visa to an 800k bank deposit in Thailand?
2.2k23122mo
Is the O-A Long Stay Visa Always Multiple Entry?
6.2k261356mo
What are the differences between Non-O and Non-OA visas regarding the 800,000 THB requirement?
2.9k22327mo
How can I switch from the banked money method to the monthly income method for my retirement extension in Thailand?
4.6k26799mo
Can I convert a marriage visa to a retirement visa in Thailand?
1.4k12710mo
What are the requirements to renew a Non-O retirement visa in Thailand?
4.4k31551y
Do I need to transfer my income to a Thai bank account for a retirement visa in Thailand if my embassy no longer confirms income?
1.9k16131y
Do I need a police check from my home country for a retirement visa in Thailand?
5.9k43392y
What are the steps to obtaining a retirement visa in Thailand starting with a Non O visa?
5.8k50522y
Do I need to inform immigration about health insurance renewal for my OX retirement visa in Thailand?
2.2k16222y
Do you need to have 800k baht in a Thai bank for the 90-day retirement O visa related to the 1-year extension?
2.6k14372y
What is the best visa option for retiring in Thailand as a UK citizen?
5.3k34742y
What visa should I apply for when retiring to Thailand with my wife and baby, and what are the requirements?
868353y
What forms do I need to submit for renewing my retirement visa in Thailand after buying a condo?
1.1k3153y
Do I need to provide bank account details when applying for a spouse visa under my husband's Non-O retirement visa?
853374y
What are the requirements and benefits of the OA visa in Thailand for expats?
1.3k984y
What are the requirements and recommendations for applying for a retirement visa in Thailand for expats over 50?
3.2k25254y
Can I use foreign insurance for my Non A-O and Non O visa requirements in Thailand?
1.4k9114y
Is health insurance required for a Non-O visa application in Thailand?
1.7k1474y
Is the Non-immigrant O (retirement) visa the same when applying in my home country versus Thailand?
1.1k4125y
What documents are needed for an American to apply for a retirement visa in Thailand?
13.9k141906y
What documents do I need to offset my pension against the 800,000 THB requirement for a retirement visa in Thailand?
1.8k1758y
Do I need to have my retirement visa income in a Thai bank or can I use UK bank statements?
3.1k3179y
What are the requirements for obtaining a Non-O Retirement Visa in Kuala Lumpur?
1.4k9109y

Resources

Need help with your retirement visa?