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What are the requirements for showing funds to Thai immigration after receiving a retirement extension?
Thai immigrationretirement extensionbank statement requirementsNON-O visa800,000 baht requirementJomtien immigration office
Feb 2, 2023
3 years ago
Ian ******
ORIGINAL POSTEROn going 3 month after getting retirement extension of stay to immigration I have to show monies is still in bank 800 thousand
Do I just show my updated bank book or do I need letter from bank showing balance un touched.
Do I just show my updated bank book or do I need letter from bank showing balance un touched.
TLDR : Answer Summary
After receiving a retirement extension in Thailand, you are required to show proof that you have maintained at least 800,000 Thai baht in your bank account during the first three months. Immigration procedures may vary by office; for Jomtien immigration, it's often necessary to present an updated bank book showing the balance rather than a letter from the bank. However, it's advisable to consult directly with your local immigration office to confirm their specific documentation requirements.
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.
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James ********
See my updated reply .. Jomtien immigration ONLY requires bank book update. . NOT a letter.
James ********
My apology to the OP... As I at first thought his question was about the amount of Thai baht needed to be shown in his Thai bank account... and for how long. Hopefully he now has his answers. BUT as it's Jomtien Immigration office, it's always BEST to ask them
Mervyn ********
You need a letter from the bank.
Ian ******
ORIGINAL POSTER@Mervyn *******
thanks for your reply.Reply to
Ian ******
Reply
James ********
I hope this helps you understand better the requirements ..
AND it's important that you ASK YOUR LOCAL THAI IMMIGRATION OFFICE... for their requirements
AND it's important that you ASK YOUR LOCAL THAI IMMIGRATION OFFICE... for their requirements
Ian ******
ORIGINAL POSTERJomtien immigration I have to go to.
If any one uses it perhaps can let me know..thanks.
If any one uses it perhaps can let me know..thanks.
James ********
@Ian *****
Jomtien Immigration is strict on requiring a bank book update showing you have maintained 800,000 Thai baht in your Thai bank account during the first 3 months of your extension of stay.IF they have placed a note in your passport when you got the one year extension of stay... Look at it and if any questions please ask Jomtien Immigration.
Ian ******
ORIGINAL POSTERIan ******
ORIGINAL POSTER@James *******
thanks James.I had no note when I had my extention.
So I think I will get a letter and present it along with bank book on my 90 day
Reply to
Ian ******
Reply
James ********
You asked a similar question which I replied to by PM personal message...
Please Ask your local Thai immigration office what they REQUIRE following the approval of your one year extension of stay as retired. .
NOT all offices require PROOF of a bank statement balance of 800,000 Thai baht at 90 days ..
BUT it's required that you keep the 800,000 for the first 3 mm months after extension approval, not less than 400,000 Thai baht in the next 7 months and again 800,000 Thai baht in the final 2 months before your next One year extension of stay.
Failure to meet the requirements can mean you are on OVERSTAY during the time you have not kept the balances as you agreed to when you were granted the extension. . and be DENIED your next extension of stay
Please Ask your local Thai immigration office what they REQUIRE following the approval of your one year extension of stay as retired. .
NOT all offices require PROOF of a bank statement balance of 800,000 Thai baht at 90 days ..
BUT it's required that you keep the 800,000 for the first 3 mm months after extension approval, not less than 400,000 Thai baht in the next 7 months and again 800,000 Thai baht in the final 2 months before your next One year extension of stay.
Failure to meet the requirements can mean you are on OVERSTAY during the time you have not kept the balances as you agreed to when you were granted the extension. . and be DENIED your next extension of stay
Nicholas ******
Thanks for the clear input from the above posters.
I gather from the discussion that every years’ renewal of the retirement extension of stay follows the same pattern? Namely, of holding a 2-month ‘ seasoned’ 800K baht amount + sustaining a 400K baht minimum all year? In which case, the 800K baht is like a floating balance that can’t ever be spent (unless it’s topped back up for the annual renewal). Is my understanding correct?
For the record, I am Australian and would likely renew in Chiang Mai without regular 65K per month inputs in first and any subsequent year (existing on savings)
I am trying to mentally compare the cheapest Elite visa sunk cost ($20K US for 5 yrs) w the Retirement bank account method.
Thanks for reading
I gather from the discussion that every years’ renewal of the retirement extension of stay follows the same pattern? Namely, of holding a 2-month ‘ seasoned’ 800K baht amount + sustaining a 400K baht minimum all year? In which case, the 800K baht is like a floating balance that can’t ever be spent (unless it’s topped back up for the annual renewal). Is my understanding correct?
For the record, I am Australian and would likely renew in Chiang Mai without regular 65K per month inputs in first and any subsequent year (existing on savings)
I am trying to mentally compare the cheapest Elite visa sunk cost ($20K US for 5 yrs) w the Retirement bank account method.
Thanks for reading
Pedro **********
@James *******
Do you need a Bank Letter or is there any other way to show proof of the fund 1. non-O 90 days 2. for the 1 year extension. (Jomthein) thxTod *********
@Pedro *********
you need to get the bank letter (which is a 5 line letter with your name, passport number, account number and the balance when the letter was written) AND you need to update your bank book on the date you apply.There's no way around that
Reply to
Tod *********
Reply
Ian ******
ORIGINAL POSTERThank you
Kevin ***********
Ask the immigration office. They will give you a list of required docs.
Reply to
Kevin ***********
Reply
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