You need around $
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today. It could be more it could be less. It was just a little over $
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when I opened up my account about 3 years ago. They do not verify income at the embassy anymore so that is the only way to start. After year 1 then you can start making Deposits of
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K baht into your account. Today it is $2090 .57. $1200 would not be enough. As the value of the dollar has dropped immensely over the past year. I Thought my $1700 would be enough when I started, today it would not qualify. So I just am leaving a million baht in my account so I do not have to worry about it. Maybe if the Dollar gets strong again you may be able to qualify.