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Answered5 years ago

What are the current financial requirements for renewing a retirement extension visa in Thailand for Australian retirees?

Pete **********
asked Mar 31, 2022
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Renewing my retirement extension. Australian passport. 800k in a fixed deposit account, but I moved it to a Savings deposit account on 14/10/21 and back into a fixed deposit account on 5.11.21. The balance was much less than 400K which I am told is the minimum continuous balance now required. I had thought it was only that the 800K had to be in the account three months after renewal and 2 or 3 months before? When did that change? Thanks!
Answer summary
If you're renewing your retirement extension visa in Thailand, it's important to be aware that the financial requirements changed in 2019. You need to maintain a continuous balance of 800,000 THB in a bank account for a specified duration before your visa renewal applications. Previously, only the requirement for maintaining the amount for a few months prior to the application was taken into consideration. Ensure your funds remain above the minimum thresholds at all times; otherwise, it might affect your renewal eligibility.
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Ellie *******
Ellie *******
The financial requirement for retirement extension was changed in 2019.

The current banked money requirement is as in the photo
Pete **********
Pete **********
OP
@Ellie ******
Thanks, I missed this detail!
Ellie *******
Ellie *******
@Peter *********
,

means: after your "extension of stay" is permitted
Peter **********
Peter **********
what does the 'after permission' bit mean?

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