Good morning!
I have 2 questions for the retirement visa.
1) Do we have to keep 800k in the bank during the entire time of the visa validity or till we want to leave Thailand?
2) Do we every month have to transfer 65000tbh into that account and draw it all?
Thank you very much in advance and looking forward hearing from you...
TLDR : Answer Summary
This discussion addresses two main questions regarding the requirements for retaining a retirement visa in Thailand: 1) The need to keep 800,000 baht in a Thai bank account for the entire duration of the visa, and 2) Whether a monthly transfer of 65,000 baht is necessary. Responses clarify that the 800,000 baht must remain in the account for specific periods and cannot fall below 400,000 baht after meeting certain conditions. For visa holders using the income method, the 65,000 baht must be transferred monthly for the past year prior to the extension application, but funds can be utilized thereafter.
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.
- Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.