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Does the 800,000 baht requirement for a long-term Thai visa need to be in a savings account or can it be in an investment account?

Thai long-term visas 800,000 baht requirement visa financial requirements savings accounts investment accounts

August 24, 2024

a month ago

ORIGINAL POSTER

Does anyone know if the 800,000 baht needed to meet the long term visa requirement needs to be a saving’s/checking account or can it be put into an investment account?

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TLDR : Answer Summary

The 800,000 baht required for Thailand's long-term visa must be in an account with instant access, such as a savings account. Investment accounts do not meet this requirement. Many users recommend specific savings accounts that provide instant access, and mention that some agents may offer alternative solutions.

Peter *********

Savings instant access account

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Michael *******

@Peter ********

SCB Easi pass 2.5%

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Sum *****

@Michael ******

2.5% thai baht 1 year time deposit ?

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Michael *******

no, instant access, otherwise immig won’t accept it

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Sum *****

@Michael ******

2.5% interest sounds ok, kasikorn is lower

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Michael *******

yip used the for 3 years , be sure to ask for Easi Pass account all online no passbook either

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Michael *******

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Tim ********

Or use and agent they can bend the 800k rules shall we say

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Joe ********

ORIGINAL POSTER

it’s probably not worth risking it for 1500-2000 a year. I keep a large balance anyway but figured I park it and never touch it so might as well let it work it a little

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Michael *******

Getting kicked out if Agent screws up let’s not forget the Ed visa fiasco which many thought would never happen……I know several people who got deported and banned

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Stuart ***********

@Michael ******

also the immigration officer can be investigated and if he's caught, all of the visas he issued incorrectly are cancelled and the individuals are then leaving Thailand. I have seen several posts over the past 2 years where this has happened, so it does happen.

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Michael *******

I also don’t like letting my passport out of my sight, never leaves my safe or travel pouch - handing it over to third parties is always a risk especially if they are engaged in corrupt practices.

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Michael *******

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Carlos *********

risking what???

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Carlos *********

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Jeffrey ************

Must be instantly available.

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Joe ********

ORIGINAL POSTER

@Jeffrey ***********

thanks.

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Joe ********

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Graham ******

An account with instant access such as a savings account

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Vijay *****

....does it have to be in a fixed deposit account CD, or regular checking works ...LTR

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Joe ********

ORIGINAL POSTER

so a high interest account that you can acess within 24 hrs is not an option I guess

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Bob **********

where are you going to find a high interest account??

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Bob **********

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Joe ********

ORIGINAL POSTER

thanks

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Michael *******

SCB pays 2.5 % on their Easi pass savings account

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Michael *******

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