What are the differences between the Non-O visa and the Thailand Privilege Visa regarding deposit requirements and whether the money is refundable?

Question

I’m a little confused. I understand that the Non-O visa is the most popular option for retiree’s looking to stay long term in Thailand. But this visa requires that you deposit 800,000 Bhat in a Thai bank and is good for one year. It is my understanding that this money is mine and I can get it back should I choose to end this visa.
But there is another visa called a Thailand Privilege Visa that is a 5 year visa that only requires 650,000 Bhat with multiple entry provisions. Is this 650K a fee that must be paid to the Thai Government in order to obtain this visa, or do I also get that money back should I choose to end this visa?

If so, why would anyone choose the Non-O over the Thailand Privilege Visa?

I’m a little confused. I understand that the Non-O visa is the most popular option for retiree’s looking to stay long term in Thailand. But this visa requires that you deposit 800,000 Bhat in a Thai bank and is good for one year. It is my understanding that this money is mine and I can get it back should I choose to end this visa.

Ask Thailand · Answer

The Non-O visa, commonly used by retirees in Thailand, requires an 800,000 Baht deposit in a Thai bank, which is refundable upon exiting the visa. In contrast, the Thailand Privilege Visa requires a payment of 650,000 Baht, which is a fee and not refundable. This leads to questions about why one would choose the Non-O visa over the Privilege Visa, especially considering the longer duration of the latter.

Stephen ********** · Answer

Check the answers to this post.  He asked the same thing, literally the same...... 😆

John ************** · Answer

🤦🏽‍♂️

Allan ******** · Answer

So you're asking the same question again. BS.

Angelo *********** · Answer

You asked the same question 3 days ago.

Why do you expect to get a different answer today?

Anonymous ****************** · Answer

Use an agent, they set up bank account and sort the money.

I've had a few friends doing it that way

Moshin ****** · Answer

555

Toni ******* · Answer

You can get priviledge visa for 20 years, it cost 5,000,000 thb

Tim ****** · Answer

Why are people retard maxxing here so much… elite visa 650k is the fee you pay the Benz of a goverment official. The non O is still your money you can later use it for your own Benz or Toyota hilux…

Marianne ******** · Answer

The Privilege is a visa you PAY for. 650k baht or more for the more fancy types.

The extension of stay based on retirement is 800k of your money put in a Thai bank in your name. You still keep your money.

Josh ******** · Answer

From my understanding is you pay 650k for the five years. You are buying a visa you don’t get the money back. The retirement is one year so if you don’t like Thailand you leave with your 800k in your pocket.

DTV_Be******* · Answer

You pay the 650K for the visa.  You don’t get it back.  The 800K for retirement is your money in a Thai bank account

What are the differences between the Non-O visa and the Thailand Privilege Visa regarding deposit requirements and whether the money is refundable?

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