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Answered2 years ago

What are the current bank deposit requirements for a retirement visa in Thailand?

Mouseen *******
asked Dec 7, 2024
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Bank deposit requirement for retirement visa:

* 800k two months before applying

* 800k three months after obtaining the visa

* No less than 400k for the rest of the year.

This is my understanding, but I am worried that the rule has changed for this year (to keep 800K the whole year).

I can't go to the immigration office to confirm for the next few days.

I am in Chiang Mai.

Can someone please confirm if the rule has changed?

(P.S: I still feel the pain from the last time I messed with this rule)
Answer summary
The post discusses the bank deposit requirements for obtaining a retirement visa in Thailand, specifically emphasizing the need for maintaining 800,000 THB in the bank two months before applying and for three months after obtaining the visa, and no less than 400,000 THB for the rest of the year. The author seeks confirmation on whether these rules have changed for 2024 and shares concerns based on past experiences. The comments reinforce that the rules have not changed, though there are variations in application based on individual immigration offices.
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Dieter *******
Dieter *******
Rules can be uphold totally, if you use an agent 🤣👍
Karsten *********
Karsten *********
Would it be allowed to have these 800k in assets such as equities in the Thai stock market? (Using a Thai bank of course)
Greta *****
Greta *****
If it's in AUD you will need more money every day the way it's free falling against the Baht...
Andy ********
Andy ********
Yes, Chiang Mai is still 2 months before and 3 months after and no going below 400k at all.
John **********
John **********
@Jan *****************
my immigration office wants the 800k 3 months before from the 2nd extension onwards. 2 months for the first extension so they do vary
Jan ******************
Jan ******************
I guess you mean the one year extension of stay. Anyway this is correct, no rule has changed and I’ve never heard of any immigrations with deviant practice either.

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