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What are the requirements for renewing a retirement visa in Thailand, specifically regarding bank balances and income?

Retirement Visa Visa Renewal Bank Balance Requirements Income Affidavit Thai Immigration Rules

Mar 8, 2025

2 days ago

Seanos **********

ORIGINAL POSTER

Greetings, 

Probably been asked before but looking for current info

Wisdom on first time renewing retirement visa; 

I've been depositing more than the 65k every month. 

Does my balance also have to be 800k?

Many thanks

S

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TLDR : Answer Summary

The user is inquiring about the requirements for renewing a retirement visa in Thailand. Specifically, they are unsure if they need to maintain an 800,000 THB balance, as they have been depositing over 65,000 THB monthly. Comments indicate that for first-time renewals, a full year of transfers may suffice without needing the 800k balance, and some users suggest having an income affidavit from their embassy could be beneficial.

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Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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Graham ******

Is this your first extension because if it is then you will need the seasoned 600k or the Embassy income affidavit?

a day ago

Seanos **********

ORIGINAL POSTER

@Graham *****

thanks, yes first renewal

a day ago

John **********

@Seanos *********

by 1st renewal do you mean you have already had a 12 month extension of stay and you will be applying for a 2nd 12 month extension of stay? (It's a new application each time not a renewal)

a day ago

Seanos **********

ORIGINAL POSTER

@John *********

that's correct, my 15 months ends mid April 3mth+12mth extension)

Many thanks for your help 🙏🏻

13 hours ago

John **********

@Seanos *********

quick question. 15 months implies you got your visa via an agent in which case did they supply the funds or did you put the money in the bank and adhere to the financial requirements?

13 hours ago

Seanos **********

ORIGINAL POSTER

The first time I foolishly used an agent even though had the money.

I didn't know better at the time

13 hours ago

John **********

@Seanos *********

there are agents and there are agents. What's important is that you can show that you met the requirements of the first 12 months extension of stay. That is you had 800k baht in a bank account in your name for 3 months from the point you were granted the extension and at no point in the 12 months dropped below 400k baht. If you don't meet this you are at serious risk of being denied a further extension and if so would have to start over by leaving Thailand to get a fresh 90 day Non-O visa

13 hours ago

Reply to

John **********

Anna *********

@Graham *****

*800k I’m guessing it’s a typo 😀

a day ago

Graham ******

@Anna ********

oops, yes ;)

a day ago

Reply to

Graham ******

John **********

Do you have a full 12 months of 65k transfers each month from overseas? If so you shouldn't need the 800k. But if you come from a country whose embassy provides an income affidavit they may want to see that and possibly proof of your income

2 days ago

Seanos **********

ORIGINAL POSTER

Thanks for your reply, yes i work in Saudi Arabia on rotation and transfer funds from either my Saudi bank account or through wise but all the funds come from overseas.

a day ago

John **********

@Seanos *********

just one more point you do need to honour the terms of your previous extension of stay so will need a minimum of 400k baht in your account to get the next extension

a day ago

Reply to

John **********

Michael ********

No, Bank statement stamped by the bank is OK.

2 days ago

Reply to

Michael ********

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