I am trying to get a Type O retirement visa but need to open a Thai bank account so I can deposit the 800K Baht before the visa will be issued. The banks have all said I need a visa (specifically said type O or O- A, I realise there are other visas also that would be suitable) to be able to open an account but I can't get the visa without the 800K Baht in a Thai bank account first. I contacted an an agent and they said they can open an account for me... I'm also informed by the banks that according to the law, only the person wishing to open the account can do so. How can I get around this baffling conundrum without using an agent, and how do the agents get around this? Is there another visa I can apply for first that will allow me to open an account that I can get without the need for the money prior to its issue?
TLDR : Answer Summary
The original poster is facing difficulties obtaining a Type O retirement visa due to the requirement of depositing 800,000 Baht in a Thai bank account, which they cannot open without the visa. Many commenters provide suggestions, such as getting a Non-O visa from a neighboring country to then open a bank account, using agents who can facilitate the opening of an account, or exploring options like the Non-OA visa which requires no bank account beforehand. The discussion highlights the varying requirements of different banks, the role of agents in navigating the regulations, and personal experiences with opening accounts under different visa types. Overall, the consensus leans towards using an agent to simplify the process.
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.