OK so I am seeing advantages of doing a Non O visa then getting extended for 1 year. How do you extend for another year afterwards?
Answer summary
To extend your Non O visa for another year, you need to maintain a balance of 800,000 THB in a Thai bank account for at least two months prior to applying. You must keep this amount in the account for three months, ensuring it does not drop below 400,000 THB. For following year extensions, you can also provide proof of at least 65,000 THB in international bank transfers to your account over 12 months, but it is advisable to return the balance to 800,000 THB two months before applying to safeguard against any potential issues with the transfer method.
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For the first year extension you have 800k deposited in a Thai bank in your name at least two months prior to applying. You keep the 800k in the bank for three months and don’t let the balance below 400k. On the following year extension you make sure the balance is back up to 800k two months before applying or alternatively have 12 months of at least 65k international bank transfers in to your account.
If you do opt to switch it’s usually a good idea to put the account back up to 800k two months before applying just in case something happens with the transfer method so you can fall back on the banked money method.