What Are the Latest Regulations for Renewing a Retirement Visa and the 800k Bank Deposit in Thailand?

Retirement Visa Bank Deposit Thai Immigration

Apr 5, 2020

5 years ago

ORIGINAL POSTER

Hi another visa question, sorry if it's been asked before.

What are the latest regulations when renewing a retirement visa and the 800k bank deposit. I hear you can take the money out of your account 90 days after your application but must have it back on your account 90 days or 3 months before you reapply.

Thank you for any accurate responses.

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TLDR : Answer Summary

To renew a retirement visa in Thailand using the 800,000 Baht method, the fund must stay in your bank account for at least two months prior to the application date and must not drop below 400,000 Baht during the rest of the year. After the visa is granted, you can withdraw the funds after the three-month period but must maintain at least 400,000 Baht in your account.

NON-O RETIREMENT VISA RESOURCES / SERVICES

Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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Tod *********

@Bob ******

and the short answer to that IS

IF you are using the 800K baht banked money as the method to meet the proof of funds at NO TIME can your balance drop below 400K during the previous year.

One last time, you need 800IK baht in your account for 2 months BEFORE you apply for the extension, it stays in the account for 3 months after you get the extension and then the balance can't go below 400K baht the rest of time time.

5 years ago

Robert *******

If you use money in the bank it is: at least 2 months prior the application date until at least 3 months after the application date a minimum of 800.000 Thb in a Thai bank account on your name and the rest of the year not less than 400.000 Thb.

5 years ago

Bob *******

ORIGINAL POSTER

So just to clarify the amount must not fall below 400k in the 12 month period between extensions. But if it did what are the implications when renewing.

5 years ago

Bobby ********

@Robert ******

. I believe that initially the bank statement or bank book must show the deposit as a transfer from overseas?

5 years ago

Reply to

Bobby ********

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