What are the requirements for maintaining a Non-O retirement visa in Thailand and the implications of falling below 800,000 baht?

Non-O Retirement Visa Visa Requirements Bank Account Regulations Thai Immigration Rules 800,000 Baht Requirement Reporting Requirements

October 21, 2020

4 years ago

Karel *****

ORIGINAL POSTER

Dear administrators, a question for an FB-less friend of mine. He has a Non-O retired of 800,000. Immigration had told him that if he falls below 800,000, he must report! Is this correct ? And what are the further consequences? please your response.

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TLDR : Answer Summary

To maintain a Non-O retirement visa in Thailand, an individual must keep 800,000 baht in a Thai bank account in their name for two months prior to applying for a new visa extension. After the extension is granted, the funds must remain in the account for three months, and the balance cannot drop below 400,000 baht for the remainder of the year. If the individual falls below this amount, they are not required to report it to immigration, but failing to adhere to these financial rules may result in the denial of their visa extension next year.

NON-O RETIREMENT VISA RESOURCES / SERVICES

Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
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Joseph *******

3 Citibank offices - Asok, Silom and Central World

4 years ago

Tjendra ********

Quick question, for the 800K, it is ok to have it in Citibank Thailand account? Or it has to be Thai bank like SCB or K bank ?

4 years ago

Tod *********

remember citibank doesn't have bank books, AND there are just a few offices in bangkok (just three I think)

That means you need to go TO one of their offices have them do a print out of all your transaction history, show the bank balance on that date, get the bank letter from them AND then get to the immigration office to apply for your extension.

While it certainly can be done, IT is a lot of scrambling around.

4 years ago

Ellie *******

I believe you can use your account of whatever bank sited in Thailand as long as they provide the necessary documents on time..

4 years ago

Reply to

Ellie *******

Reiner *********

He will need a letter from his bank to show that the 800 k is on his account and some want to see the bank bioks witch shows never fallen under the 400 k

4 years ago

Karel *****

ORIGINAL POSTER

Thank you

@Reiner ********

4 years ago

Reply to

Karel *****

Tod *********

the requirements for keeping an extension of stay based on retirement using banked money valid are you bank 800K baht in a thai bank account in your name for 2 months before you apply for a new extension, the 800K baht must stay in the account for 3 months after the extension is granted and then the balance cannot drop below 400K baht the rest of the year.

I think there was a "lost in translation" when he talked to the immigration officer. He doesn't have to report anything BUT if it doesn't follow the rules he won't get his extension next year

4 years ago

Karel *****

ORIGINAL POSTER

Thank you so much

@Tod ********

I will tell to him this.

4 years ago

Reply to

Karel *****

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