Answered2 years ago

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

retirement visa Thailand visa renewal visa requirements bank balance income affidavit

Seanos **********

asked Mar 8, 2025

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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

Answer summary

When renewing a retirement visa in Thailand for the first time, you need to be aware of certain financial requirements. While you mentioned depositing over 65,000 THB monthly, for a first extension, either having a seasoned bank balance of 600,000 THB or an income affidavit from your embassy may suffice. It's not necessary to maintain an 800,000 THB balance if you can provide evidence of 12 consecutive months of 65,000 THB transfers from abroad. Ensure your bank statements are properly stamped.

13 repliesnewest first

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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?

2 years ago

Seanos **********

@Graham *****

thanks, yes first renewal

2 years 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)

2 years 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

2 years ago

Seanos **********

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

I didn't know better at the time

2 years 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?

2 years ago

Seanos **********

@John *********

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

Many thanks for your help 🙏🏻

2 years ago

Anna *********

@Graham *****

*800k I’m guessing it’s a typo 😀

2 years ago

Graham ******

@Anna ********

oops, yes ;)

2 years ago

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 years ago

Seanos **********

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.

2 years 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

2 years ago