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What are the fund transfer requirements for applying for a Non-O Visa based on retirement in Thailand?

Thailand Visa Non-O Visa Retirement Visa Visa Requirements Bank Account Seasoning Expat Life in Thailand Immigration Regulations

Jul 23, 2022

4 years ago

Annette ********

ORIGINAL POSTER

* Funds to Thailand for Non-O application based on Retirement *

I am planning to enter Thailand on a Tourist Visa and then apply for an in-country Non-O Visa based on retirement. I have done this once before but unfortunately had to forfeit my visa and my financial situation will be slightly different for my next application.

I am aware of the THB 800K requirements , i.e. having to come from abroad, having to be in the applicant's single Thai account and having been seasoned for a minimum of 2 months prior to the application.

My questions are:

1/ Does the sum of THB 800K have to be transferred in one lump sum or can it be transferred in installments over a period of time?

2/ Can the funds originate from a joint husband and wife account outside of Thailand ?

3/ Do the funds have to originate in the country mentioned as the permanent residence on the Tourist Visa application ? 

Any advice is greatly appreciated. Thank you 🙏

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TLDR : Answer Summary

The post discusses the financial requirements for applying for a Non-O Visa based on retirement in Thailand, primarily focusing on the THB 800,000 fund requirement. Key questions include whether the funds need to be transferred in one lump sum or in installments, whether joint account funds are acceptable, and if the funds must originate from a specific country. Comments clarify that while no seasoning of funds may be required for the initial visa application, a minimum seasoning of 2 months is often required for subsequent extensions of stay. Each immigration office may have different requirements, so it is crucial to verify with the local office.

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Annette ********

ORIGINAL POSTER

Thank you all for taking the time of your comments, much appreciated 🙏

4 years ago

Robert *******

Okay, lets get this clear:

For the conversion into the Non Immigrant O visa there is NO seasoning of the money required.

For application of the 1 year Extension of Stay the money must be at least 2 months in a Thai bank account.

As the are named the same, retirement visa, the conversion into a visa and later an application for 1 year Extension of Stay are two total different ways of stay with different rules, regulations and requirements.

4 years ago

Paul *********

(1) in addition to what

@Robert ******

said the ENTIRETY of the

*****

0k baht must be in the Thai account for the minimun seasoning period.

4 years ago

Tod *********

@Paul ********

that is not totally correct, SOME offices (Bangkok especially) requires NO seasoning of the 800K baht for the initial 90 day Non-O visa to be applied for. The funds only need to be in the account on the day you apply and show that they came from abroad.

It's the year extension which requires the 2 month seasoning.

OTHER offices (Jomtien notably) DO require the 800K baht to be seasoned the 2 months before you apply for the 90 day Non-O visa 😕

CHECK with your office

@ ***************

n for the specific requirements there

4 years ago

Annette ********

ORIGINAL POSTER

Tod Daniels, thanks for clarifying, will do.

4 years ago

Reply to

Annette ********

Robert *******

1. I guess as long as you have a bank statement that the complete sum of 800.000 Thb is deposit from abroad I do not see the problem.

2. Yes, the foreign bank account is not mentioned at Immigration.

3. Yes, as the money must come from abroad, there is no mention of specific country.

4 years ago

Reply to

Robert *******

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Can I withdraw my funds from a Thai bank account after meeting retirement visa requirements?

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