Non O retirement visa requires 800,000 baht in a Thai bank. How difficult (or not) is it getting your money out and back to their home country if they decide to return home? Is it just a matter of a bank transfer? Any penalties?
TLDR : Answer Summary
Transferring money out of Thailand after securing a Non-O retirement visa is generally manageable but can vary in complexity. While many users report successful bank transfers using services like Bangkok Bank with modest fees, caution is advised as some have experienced complications and paperwork requirements, especially if they do not maintain the requisite balance in their Thai accounts. Notably, funds must remain intact to sustain visa status, and emergency access to these funds could be hindered under certain circumstances. Most users recommend using the SWIFT system for efficient transfers, though it's essential to document the source of the funds for compliance with Thai banking regulations.
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.