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Answered5 years ago

What are the money requirements for OX visa holders after two years in Thailand?

Eric ********
asked Aug 17, 2021
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Anyone have OX visa for more than 2 years? I am not sure about the ‘money in bank’ requirements after the second year … thanks 🙏🏻
Answer summary
The O-X visa in Thailand requires that holders maintain specific financial qualifications beyond the first two years. Applicants must have either 3 million Baht in a Thai bank or 1.8 million Baht with a yearly income of at least 1.2 million Baht. Initially, after entering Thailand, they need to accumulate 3 million Baht in their bank within one year. Furthermore, after the first year, they must retain at least 1.5 million Baht in their account. Additional requirements include having no forbidden diseases and maintaining Thai medical insurance.
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Tod *********
Tod *********
you get stamped in for up to 5 years on an O-X visa when you arrive

You don't do anything but 90 day reporting
Hans *********
Hans *********
Non – Immigrant Visa “O - X” (Long Stay 10 years)

3. Financial qualifications

(a) Applicants must have money deposited in Thai bank located in Thailand with the amount of not less than 3 million Baht; or

(b) Applicants must have money deposited in Thai bank located in Thailand with the amount of not less than 1.8 million Baht and have income with the amount of not less than 1.2 million Baht per year. Once the applicants enter Thailand, they must have accumulated money deposited in Thai bank located in Thailand not less than 3 million Baht within 1 year.

The money in (a) and (b) must be kept in bank account at least 1 year before withdrawing and, within another next year, the money must be left in the account with the amount of not less than 1.5 million Baht and can only be spent in Thailand.

4. Applicants must have no forbidden diseases according to the Ministerial Regulation No. 14 (B.E. 2535) which include Leprosy, Tuberculosis, Elephantiasis, drug addiction and third stage of Syphilis.

5. Applicants must have Thai medical insurance during their stay in Thailand (per the approval of the Office of Insurance Commission) and medical claims for outpatient must not be less than 40,000 Baht, for inpatient must not be less than 400,000 Baht.
Eric ********
Eric ********
OP
@Hans ********
thanks, yes I have seen this .. given the ‘legal’ grammar, it looks like .. ~ first year 3 mil, second year 1.5mil, third and later years .. no requirement.. can anyone confirm the third + years ?
James ********
James ********
@Eric *******
I doubt that you can draw down to less than 1.5 Million Thai baht in successive years. Ask your Thai Embassy and or Thai Immigration office.

It appears that the minimum of 1.5 Million Thai baht needs to be kept in bank account at all times all years.

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Eric ********
Eric ********
OP
A little further down the page there is this rule .. 🤨

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