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Answered3 years ago

How can I transition from renewing my retirement visa using the 800,000 method to the 65,000 income method in Thailand?

Louise ******************
asked Jan 27, 2024
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Hello all!

If you've previously renewed your retirement visa based on the 800,000 method, how do you transition to renewing using the 65,000 income method?

Is there a period when it's necessary to have both the 800,000 and the ongoing 65,000 in your Thai bank account?

Thank you!
Answer summary
To transition from the 800,000 baht method to the 65,000 baht income method for your retirement visa renewal in Thailand, you should maintain both requirements for a year. This includes having 800,000 baht in your bank account for 2 months before your application and 3 months after, while also ensuring you make at least 12 monthly transfers of 65,000 baht to build your income history. It is advisable to consult with your local immigration office for specific details and requirements.
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James ********
James ********
I believe that the OP has the answers needed for her question.

Thanks All for your helpful replies.

Comments Closed
Mark *************
Mark *************
I done mine recently I payed the 65k in a month before my visa ran out . Done all the paperwork needed not hard to do .
Russell ********
Russell ********
Each extension is a brand new legal document. So you cannot change the premise of your current one, but when you next extend you can use either method.
John **********
John **********
You need to honour the terms of your current visa terms of your current visa while building up your transfer history of a full 12 months of 65k transfers from overseas before you apply for the next visa. So if you are already part way into your current visa you will need to use the 800k method again next year to allow you to build up sufficient transfer history. The good news is you can spend the 65k as it comes in
Jan ******************
Jan ******************
And you just need to leave the 800 000,- in your account 3 months after you got your visa extension. (2 months prior and 3 months after).
John **********
John **********
@Jan *****************
it also can't go below 400k for the rest of the year
Jan ******************
Jan ******************
@John *********
Ok thanks, I don't know how long extension she now got (3 months or 1 year), but it shouldn't be a big deal to exchange this.
John **********
John **********
@Jan *****************
she talks about renewing so a fair chance she's already on an extension of stay and not a visa at all
John *******
John *******
I would start depositing the 65k around 2 months prior to you renewing your extension with the 800k , and then after you have your 12 × 65 k , go in with the appropriate paperwork. ...
Ellie *******
Ellie *******
In short, you need to keep the requirements for both for at least one year.

You need to make at least 12 international transfers of 65K baht every month as of your 1-year extension application while you meet the requirements of the banked money method, i.e. have 800K baht in your bank account for 2 months before and 3 months after your (previous) 1-year extension application and keep no less than 400K baht rest of the year until you apply for next 1-year extension.

Better talk with your local office for details in advance..
Jeffrey *******
Jeffrey *******
@El***
"...and keep no less than 400K baht rest of the year until you apply for next 1-year extension". If doing this, is there ever a requirement to go back up to the 800k, or only need to keep 400k and combined with the minimum monthly deposits of 65k continuing year after year??
Ellie *******
Ellie *******
If your embassy in Thailand issues an affidavit of income, you use it instead of monthly transfers, still, you need to keep the banked money requirements until the new 1-year extension is granted.

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