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

March 31, 2022
2 years ago
Pete **********
ORIGINAL POSTER
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!
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TLDR : 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.
NON-O RETIREMENT VISA RESOURCES / SERVICES
  • Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
  • For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
  • Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
  • Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
Ellie *******
The financial requirement for retirement extension was changed in 2019.

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

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