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Answered6 years ago

What are the requirements for 90-day reporting for a retirement visa in Thailand?

Colette *****
asked May 8, 2020
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Hi Tod Daniels. Quick question: when we arrived in March we had more than THB 800,000 in the account. We dropped below that to about 750k for a week or so before I read something suggesting we have to keep it at that level (we had believed we needed that at the start to prove we have money to live on... naive πŸ€¦πŸΌβ€β™€οΈ)

We now have the funds back above 800k but will this cause a problem on the first 90 day reporting? Not sure what you have to present for Thai in Phuket.

Thanks in advance for your advice. πŸ™
Answer summary
The original question inquired about the implications of dropping below the THB 800,000 threshold for a retirement visa in Thailand prior to the first 90-day reporting. Contributors clarified that proof of funds is not required for 90-day reporting, but that the 800,000 baht fund must be maintained for an extension of stay. Experiences were shared about varying enforcement of the requirement, though generally, funds need to be maintained properly for the visa application process.
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Robert *******
Robert *******
I guess you all can read where this is going, from a question of what is needed in phuket it went down to which bank account is needed to apply for a visa in home country to reports in Mea Hong Song with in the mean time people informing that years back the did not meet the requirements of an Extension of Stay.

Please stay on topic and if you like to share your experience with applications for Visa or Extension of Stay or if you have questions, make your own topic.

It is so confusing to read an answer of how to apply in the USA on a question about a report in Phuket with the requirement of Mea Hong Song which another could not meet a few years ago but now want to use different types of bank accounts
Winny ******
Winny ******
Can 800,000 deposit in two account eg. Foreign currency a/c and saving a/c ?
Robert *******
Robert *******
The Immigration act does not stipulate all the details of all kind of bank accounts allowed or not. You have to discuss this with your own local office and be aware the money must be in the account 2 months prior application, so go to discuss early enough to make changes.
Winny ******
Winny ******
William ***************
William ***************
The retirement visa deposit rules haven't actually changed, as I understand it. They are just being enforced and the 800,000 deposit is one of the requirements. It is not an average balance or anything but the certification from the bank which is the key.
Gale ****************
Gale ****************
They refused my retirement visa a couple of years ago as I dropped about 5000 baht below for a few days - no matter that there had been 900,000 at times! Obviously do not take average or they did not! To say I was astounded and angry is an understatement! Hope they can work on averages now instead of tunnel vision! πŸ™„πŸ˜‘
Robert *******
Robert *******
No, the requirements are well published and are not a subject to change on request of the applicant. It has nothing to do with tunnel vision, it is just you meet a requirement or you don't.
Tod *********
Tod *********
Did you get your visa BEFORE you came here from a thai consulate or did you get the visa/extension AFTER you got here at the immigration office

The requirements to get a year extension of stay office inside the country from an immigration based on retirement are 800K baht in a thai bank account for 2 months before you apply for the extension, the money needs to be in the account for 3 months after you get the extension granted and then the balance can't go below 400K baht the rest of the year.

There is NO requirement to show any proof of funds when doing 90 day reporting.
Jay ***********
Jay ***********
@Tod ********
it’s weird but I did my 90 day report about 10 days ago and they asked to see my bank book . But allowed me to show them my balance on my Thai bank app on my phone here in Maehongson
Alf ***********
Alf ***********
Amanda Balloni, that is correct
Tod *********
Tod *********
there is no proof of funds required for 90 day check ins no matter the visa you're on :) you're fine..
Colette *****
Colette *****
OP
@Tod ********
awesome! Feeling better! πŸ˜…

Thanks again for your help! πŸ™
Colette *****
Colette *****
OP
we got our visas overseas before arriving in Thailand from the Thai embassy. We showed proof of funds then. Does this mean we are ok as no one will actually check until renewal next year? Thanks so much!
Tod *********
Tod *********
@Colette ****
, are you talking about an O-A visa that you got from the thai consulate in your country before you came here and that required a police back ground check, proof of insurance and proof of funds in your country ?

The type of visa where you were stamped in for a year when you showed up here?
Colette *****
Colette *****
OP
@Tod ********
yes that’s the one
Tod *********
Tod *********
and what type visa or extension are you on?

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