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How long before applying for a retirement visa must I deposit 800,000 baht in a Thai bank?

Retirement Visa Visa Rules Thailand Immigration Financial Requirements for Visa 800,000 Baht Deposit Income Method for Visa

Oct 13, 2017

9 years ago

Hamonn **********

ORIGINAL POSTER

Retirement visa advice please! 

How many days(how long) before you apply for the retirement visa that you have to deposit 800,000 baht in a Thai owned bank. 

Thank you in advance. 🙏

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TLDR : Answer Summary

When applying for a Retirement Visa in Thailand, you need to deposit 800,000 baht in a Thai-owned bank. For the first-time application, the money must be in the bank for at least 60 days prior to your application. For subsequent applications, the amount must be in the bank for a minimum of 90 days. Alternatively, you can use the Income Method if you can prove a monthly income equivalent to 65,000 baht without needing to deposit the funds.

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David ************

What country are you from

9 years ago

Marisa ********

I'm Spanish

9 years ago

Reply to

Marisa ********

Very useful.

Thanks!

9 years ago

Hamonn **********

ORIGINAL POSTER

Thank you so much for such a helpful information from all of you. I appreciated!

9 years ago

Lloyd ********

If you applying to convert to a single entry IN country, then the money only needs to be in the bank that day.

9 years ago

Lloyd ********

Or a combination of income and deposit.

9 years ago

Joe ***********

If you are not aware you can also use the Income Method where you can prove or attest that you receive in some form of income from outside Thailand (usually Home Country) the monthly amount equivalent to 65,000 Baht... No money in the bank needs to be proved.

9 years ago

Joe ***********

Yes 1st. time you apply for the One Year Extension of Stay - for being age 50 or over - sometimes called Retirement, the Seasoning / Aging of the 800k Baht is 2 months - actually 60 days. 2nd time you apply it is 3 months

9 years ago

Hamonn **********

ORIGINAL POSTER

Thank you so much! 60days 1st time, 90 days 2nd time! just what I was looking for. This is so helpful! Thanks again

@JD ******

appreciated! 👍

9 years ago

Reply to

Hamonn **********

Allan ******

Read PJ's post.

60 days for the first application.

9 years ago