My parents are thinking about spending 6 months or more here each year. I have told them that the Non O based on retirement could be a good option for them. They have the funds, but the question I have is...If you need a Thai Bank account to season the funds, how does one open said account without having the right visa to begin with? For me, it seems like a catch-22, must have the visa to open the account, but to have the open the account, you must have a visa. Obviously, since people are getting these visas all the time, I must be missing something. Can anyone advise please...Thank you
TLDR : Answer Summary
The question addresses the challenge of opening a Thai bank account without a valid visa to qualify for a Non-O visa based on retirement. Respondents emphasize that while this seems like a Catch-22 situation, it is possible to navigate it. They suggest applying for the Non-O visa before arriving in Thailand to facilitate account opening, trying multiple banks, or hiring an agent to assist with the process. It's noted that rules can vary significantly between banks, and some may require proof of residence or insurance. Alternatively, some users also recommend exploring options like a multiple-entry tourist visa as a simpler solution.
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.