Answered3 years ago
What are the bank balance requirements for a Thai retirement visa renewal?
Hallo all,
For retirement visa purposes, should the balance in a Thai bank account be Bht800k at all times, or only when the visa is renewed annually?
TIA
For retirement visa purposes, should the balance in a Thai bank account be Bht800k at all times, or only when the visa is renewed annually?
TIA
Answer summary
To maintain a Thai retirement visa, the required balance of 800,000 THB must be kept in your account for at least 2 months before the application and for 3 months after. The amount can then drop to 400,000 THB, but it must not fall below this during the rest of the year. It is crucial to monitor the balance closely, as authorities will review your bank statements during annual extensions.
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Grant *******
retirement
Chong *********
How much does it cost to do a marriage visa?
Christopher *************
Retirement
Michael *********
Here's a question for everyone, what is easier to "maintain" a marriage visa or a retirement visa? I understand the 800,000 baht for retirement which is easily doable, which one will I have less crap to deal with each year?
Graham ******
@Michael ********
retirementBrandon ************
@Michael ********
retirement will be much easier. You can finish everything in a single trip and have your extension for the next year. Marriage requires a ton more paperwork, your wife has to go with you, they may come and do a home inspection during your "under consideration period" meaning minimum 2 trips to immigration. Many married people just use retirement for simplicity
Roberto *********
@Michael ********
Retirement visa using the 65k per month process is by far the easiestColin **********
@Michael ********
it's probably easier to remain retired than married.
Sandy **********
Bernie *************
@Colin *********
easier to remain happy 😕
Neal *******
@Colin *********
True in so many ways!Brandon ************
Every year you'll need the 800,000 for at least 5 months.
That's 2 months before you APPLY for your extension. It's not 2 months before your extension expires. Then after you get your extension it needs to remain in your account for 3 months afterwards. They will check this next year with a 12 month bank statement.
It can never drop below 400,000 the rest of the year, not even for 1 day. So be very careful.
That's 2 months before you APPLY for your extension. It's not 2 months before your extension expires. Then after you get your extension it needs to remain in your account for 3 months afterwards. They will check this next year with a 12 month bank statement.
It can never drop below 400,000 the rest of the year, not even for 1 day. So be very careful.
Colin **********
Your 800KTHB should be kept 2 months before your application, 3 months after and then 400KTHB until your next renewal.
Paul ********
@Colin *********
correct
Ken ***********
@Colin *********
excellent and accurateActivity
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