How much money is required and for how long in a Thai bank account when you have an OX retirement visa that doesn’t need renewal for 5 years. I presume you might need to report at 1 year your bank account?
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TLDR : Answer Summary
To maintain an OX retirement visa in Thailand, you must verify your financial stability annually. Austrailans can use funds in their home country as proof of finances without needing a Thai bank account. Annual submission of your paid health insurance document and bank statements is necessary to ensure compliance with the visa requirements.
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.
You have to provide your paid health insurance document every year, and your bank statement to make sure you are continuing to meet the financial requirement.
my first year was up in May. They are supposed to ask for proof of insurance. I had it ready when I flew in to BKK in June and they did not ask for anything been back twice since and also not asked.
you may need to provide proof of insurance to enter Thailand if it's like the OA visa. But I don't believe there are any other requirements in Thailand.
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