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

NON-OA Visa Retirement Visa Thai Immigration Visa Requirements Health Insurance

Sep 27, 2021

5 years ago

Dennis ********

ORIGINAL POSTER

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

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TLDR : 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.

NON-O RETIREMENT VISA RESOURCES / SERVICES

Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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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.

5 years ago

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.

5 years ago

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

5 years ago

Reply to

Jannie ********

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.

5 years ago

Mike *******

@James *******

get more interest in thai banks.

5 years ago

James ********

@Mike ******

Mike Smith I can earn 3% in my home country guaranteed.

5 years ago

Reply to

James ********

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.

5 years ago

Stan *******

And you'll buy and maintain Thai health insurance even though your not there some of the time?

5 years ago

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.

5 years ago

Reply to

Benjamin ******

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