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?
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.
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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
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
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.
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.