This isn't clear to me so please can someone clarify: when we put 800000 in a bank account in order to get a retirement visa, does it have to stay deposited and never go under 8000000, or can it be withdrawn as we wish, at any time ( but having a smaller balance)?
TLDR : Answer Summary
To qualify for a retirement visa in Thailand, the initial requirement is to deposit 800,000 baht into a Thai bank account. This amount must be maintained for a specific time frame: it needs to be at 800,000 baht for at least 2 months prior to applying for a visa extension, and remain at that level for 3 months following the extension. Importantly, the balance cannot drop below 400,000 baht at any time during the year, or else the extension may be denied. Some expats suggest depositing a higher amount, such as 900,000 baht, to allow for withdrawals while still complying with the immigration rules.
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.