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Answered6 years ago

What Are the Current Bank Balance Requirements for Retirement Visa Extensions in Thailand?

Mike ***************
asked May 8, 2020
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regarding my post from 15 hours ago ... i thought the 800k seasoning was 2 months before first year and 3 months before for extensions? ... i was surprised by the all pages copy req. because i have a fixed acct but from now on i copy everything
Answer summary
The current regulations for retirement visa extensions in Thailand require that you maintain 800,000 THB in your bank account for at least 2 months prior to applying for the extension. After receiving the extension, this amount must remain in the account for an additional 3 months, and the balance cannot fall below 400,000 THB for the remainder of the year. Immigration offices now commonly request complete bank book copies as documentation for these requirements.
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Tod *********
Tod *********
They changed the seasoning requirements a long while ago to 2 months before you apply for your extension (no matter if it's your first of four hundredth) the money needs to stay in the account for 3 months after you get your extension and then the balance of the account can never go below 400K baht the rest of the year.
Tod *********
Tod *********
James ********
James ********
Terry you have good advice in your earlier post.
@Tod ********
said:

Just so you're clear Mike, the reason they want all the pages of the bank book copied are because of the changes to the requirements when using banked money for a yearly extension based on retirement.

You need to have the 800K baht in the bank 2 months before you apply for the yearly extension, it needs to stay IN the account for 3 months after you get the extension and then the balance can't go below 400K for the rest of the year <- that's why they want all those bank book pages. They are looking to see that you kept the 800K baht in the account for 3 months after you got your extension last year and checking to see that the balance didn't go below 400K the rest of the year.

It's common now for immigration offices to ask for that much documentation using banked money method on retirement extensions

Glad you got it, (y) Lucky it was a slow day at the immigration office :P

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