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Answered5 years ago

What are the bank account requirements for the OA non-immigrant retirement visa extension in Thailand?

Michael *********
asked Jul 22, 2021
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For my very first OA non immigrant retirement visa extension what is the rule regarding the 800,000 bht in my Thai bank account. Do I also have to show bank statement for the previous 12 months because I have only had my account open for 10 months.
Answer summary
To extend your OA non-immigrant retirement visa, you must have 800,000 THB in your Thai bank account for at least 2 months prior to applying for the extension, and it should be present at the time of application. Although you do not need a bank statement for the entire 12-month period for your first extension, you will need to update your bank book to show the required amount has been in the account for the necessary duration. A standard bank letter confirming your name, account, and balance is required, but it does not need to mention the origin of the funds.
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Timmy ******
Timmy ******
2nd
Timmy ******
Timmy ******
Both Tod and Bob are correct. Form doesn't mention anything about overseas requirement for 1 Year Extension. I recently got these forms from CW Office in BKK.
Michael *********
Michael *********
OP
Thank you everyone for the information
Tod *********
Tod *********
Now as far as what is required for the FIRST yearly extension you would need to have your bank book updated the date you apply <- AND you would need enough updates in your bank book to show that the 800K baht was in the account for 2 months before you APPLY for your extension.

Most banks will give you a 6 month detail transaction record just for the asking (they take a week to get the year usually) so ask for that if you don't update your bank book regularly because nowadays when you update many bank books it only shows transaction summaries (money in/money out) not every transaction that happened since the last update.

You also need the "standard bank letter" that is a 5 or 6 line letter stating your name, the account and the balance on the date the letter was written.

It does NOT state anything about the origin of the funds OR how long they've been in the account.

This is what the standard letter looks like
Martin ********
Martin ********
Glad you clear that post up it got very messy straight away. Thank You Tod for quick and concise info 👍🏻
Tod *********
Tod *********
Okay, let's put this one to bed. There is NO requirement to ever show where the banked money came from on any extension based on being over 50 (retirement) no matter if you're getting that year from an O visa or an O-A visa

The requirement to show that the money came from overseas is when you are using monthly income method and your consulate does not issue in country affidavit of income notary letters, OR when you are initially applying for a 90 day Non-O visa based on being over 50 inside the country at the immigration office
Roy ***********
Roy ***********
For my first extension based on an OA visa, I got the 12 month statement, but immigration handed it back to me - not needed. Of course, I will need a 12-month statement for my next renewal to prove that I've met the money requirements all year.
Benjamin ******
Benjamin ******
@Roy **********
What immigration office was that?
Roy ***********
Roy ***********
@Benjamin *****
Chiang Mai
Benjamin ******
Benjamin ******
For the one year extension of stay based on "retirement", 800K THB must be seasoned in a bank account for two months before you apply for the extension of stay, and three months after you apply.

For the first extension of stay, the money must be seasoned for two months before you apply.
Charles **********
Charles **********
@Benjamin *****
bank statement must show International Transfer.
Michael *********
Michael *********
OP
@Benjamin *****
thank you
John **********
John **********
@Benjamin *****
I thought the transfer from overseas was only for an in country non-o and not for extension (unless you're using monthly income of course)?
Benjamin ******
Benjamin ******
@John *********
Good question. I want to see what the experts (Tod Daniels and others) and those who are on this extension know and experienced. I looked it up online, and you are right, it doesn't mention anything about the money having to come from overseas
Gerry ******
Gerry ******
@Benjamin *****
I'm been on it for 16years and it doesn't matter where the comes from. But must be in your bank for 2 months and have a letter from your bank.
Bobby ********
Bobby ********
John Stanners. The 800k for your OA extension does not have to come from overseas.

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