How do I maintain the 800k baht requirement while on a Non-OA visa in Thailand?

Jul 12, 2023
a year ago
Sysavanh ************
ORIGINAL POSTER
Greetings. Apologies if this question has been asked before. I am applying for the O-A Visa. I plan on putting 800k baht in Thai bank account and leave it there for the entire 12 months prior to renewal. During those 12 months I am also planning to deposit 65k baht every month with the intention of freeing up the 800k baht at renewal time. Am I understanding this correctly because after 12 months I have better places to invest 800k baht? Thanks ahead for any and all advice/ replies.
1,164
views
5
likes
29
all likes
10
replies
1
images
5
users
TLDR : Answer Summary
The user is applying for a Non-O-A Visa and plans to deposit 800,000 baht in a Thai bank account for 12 months before renewal, while also depositing 65,000 baht monthly. Responses clarify that during the initial year of the Non-OA visa, the funds can be in any country, but when applying for the extension, proof of 800,000 baht in a Thai bank account or equivalent is needed. There are nuances regarding how the visa can be renewed or converted, and the importance of understanding the separate processes of the Non-O and Non-OA visas.
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.
Dave *********
As I understand your question u r applying for the “NON-OA” visa which is done while u r in USA, as opposed to the Non-O visa which is applied for Inside Thailand.

So no need to deposit money into a Thai bank account IF you are using the Non-OA route as u would provide paperwork that u have 800,000 baht equivalent inside your USA account. But after the Non-OA expires and visa is used up u would need to convert to the Non-O visa inside thailand which starts w a 90 day visa which is extended for another year. When u get ready to convert over to the Non-O visa, that’s when u need to show the money in the Thai bank.

Don’t confuse the Non-OA visa (can only get outside Thailand with the Non-O visa which I get by applying inside Thailand.

If u plan on going to USA each time your Non-OA expires and renewing the Non-OA then I think u can just keep showing the money INSIDE USA via a letter from your bank.

Can someone else (admin experts) confirm this? If not then pls delete my comment. Thanks
Ellie *******
@Dave ********
, You can apply for yearly extension from Non-OA entry as long as you met the requirements, no problem. And you can NOT just "convert" Non-OA to Non-O inside Thailand. That's totally whole new process.
Robert *******
Benefit of the Non Immigrant O-A visa is that you get stamped in for 1 year of stay. IF you go abroad just before the visa expires and come back before the valid until date you still get a new 1 year of stay, so you can almost stay 2 years inside Thailand using this visa.

And as you are already almost 2 years in Thailand you can use the proof that you made deposits for at least 12 months before application date of minimum 65.000 Thb into a Thai bank account in your name only.

The first year must be 800.000 Thb in a Thai bank is for people who only are in Thailand for 90 days or do a conversion of their tourist status and can not provice 1 year statements.
Roberto *********
What nationality are you ? You may qualify for the embassy affidavit
Roberto *********
@Sysavanh ***********
That's ok. You don't qualify unfortunately.
Sysavanh ************
ORIGINAL POSTER
@Roberto ********
I’m a US Citizen.
Ellie *******
You are partially correct.

If you apply for Non-OA, it is a multiple entry visa valid for 1 year, and will be stamped for 365 days every time you enter Thailand on this valid visa until the "must be used by/valid until" date on the visa itself (you should have appropriate insurance). You can enter just on or just before the "must be used by" date on Non-OA you will be stamped for another 365 days. This is how people make almost 2 years from one Non-OA.

During the visa valid period, your funds can be in any country.

Your understanding is right when you are applying for 1-year extension after you enter on Non-OA. You need to have 800K thb in your Thai bank account for the first year, then 65K monthly transfer for 12 months for the second yearly extension application or later.

In the graphic attached, you will be on Non-OA entry instead of Non-O 90 days at the start.
Sysavanh ************
ORIGINAL POSTER
@Ellie ******
thank you 🙏 a follow up question on the 65k tbt. Is the 65k required to stay in the bank or can it be withdrawn for use in Thailand after it is wired in?
Dick ********
@Sysavanh ***********
understand that each monthly deposit of 65,000 must be shown to have come from overseas. Check the code beside your deposit amount in the bankbook to be sure it appears as an international transfer.
Ellie *******
@Sysavanh ***********
You can use it. No requirement such as for monthly transfers has to stay in the bank account.
Thai Visa Advice
... members · 40% approval rate
The Thai Visa Advice group is a specialized Q&A forum for visa-related topics in Thailand, ensuring detailed responses.
Join the Group
Thai Visa Advice
View the Conversation
Thai Visa Advice