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Answered2 years ago

How long do you need to keep 800K THB in a Thai bank account after receiving a retirement extension before you can lower it to 400K?

กะลาสี *****
asked Jun 8, 2024
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Someone please refresh my memory. Is it 2 months or 3 months after you get your retirement extension of stay, that you are permitted to lower your Thai bank account balance from 800K THB to 400K THB and still meet the requirements to legally be in country. TIA
Answer summary
After receiving a retirement extension of stay in Thailand, the balance in your Thai bank account must remain at 800,000 THB for 3 months. After this period, you can lower the balance to 400,000 THB, but you must ensure to top it back up to 800,000 THB at least 2 months before applying for your extension the following year.
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Rob **********
Rob **********
It is 3 months.
Brandon ************
Brandon ************
The balance must remain at 800,000 for 3 months after you receive your extension then never drop below 400,000.

You'll need to top it back up to 800,000 a full 2 months before you apply for your extension next year (not 2 months before your extension ends, it's 2 months before you'll apply)
John **********
John **********
@Brandon ***********
it's 3 months before applying for the 2nd and subsequent extensions in some provinces so best to check with local immigration
Nongnuch ********
Nongnuch ********
@John *********
the 3-months requirement for the first application to an extension, was discontinued in the year 2015 and became a 2-months rule, regardless if it's the first application or a follow-up application. However you are right, some Immigrations ignore the police order and interpret it their own way
กะลาสี *****
กะลาสี *****
OP
@Brandon ***********
thanks very much. I truly appreciate it!!

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