@Joseph ********
thank you for your reply. BUT why keep 3 Million Thai baht in a Thai bank account?
Consider the factors involved in getting the money in the hands of your beneficiary if you die while in Thailand and the 3 Million Thai baht is locked up in a Thai bank account.
Thailand does not have a Beneficiary on Death provision for your Thai bank account.
So your beneficiary must go to Thai Probate Court to get access to the funds.
I just did this for a dear American friend of mine who died last July 2022.
The lawyers and Thai Court probate fees were 60,000 Thai baht and took 4 months to obtain the probate court order in Pattaya to release the bank account to the beneficiary.
Normal time is said to be up to 6 months in other Thai provinces.
As this is not a Thai Visa Advice issue. I leave it for you to consider in choosing your path to retiring in Thailand.
And we wish you success and happiness in Thailand