What are the requirements for the O-A visa regarding bank account proof and account ownership?

Nov 25, 2022
2 years ago
Damian *********
ORIGINAL POSTER
Happy Thanksgiving for those who celebrate it! I just returned from my little recon mission to CHIANG RAI where I now plan to live once I get a one year O-A visa. One of my tasks there was to visit the immigration office just to see it and talk to one of the officials to confirm that my understandings of the O-A were correct.

I understand that proof of 800,000 baht in the bank for this visa can initially be that of a US bank account with the dollar equivalent, and I would appreciate anybody's help on two issues with that:

1. I understand the account must be in my name, but the account I will be using is under my living trust which has my full name as part of it. Can this present a problem during the application process?

2. How far back in months of bank statements will they want to see and what form of notarization/validation of same do they want from the bank?

Thanks in advance for any advice you can provide.
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TLDR : Answer Summary
The user seeks clarification on the requirements for obtaining an O-A visa in Thailand, specifically regarding the proof of funds, which must be 800,000 baht. They inquire if using a bank account under their living trust is acceptable, and what the Thai immigration office expects in terms of bank statements and validation for the application process. Commenters provide insights on the nuances of using a trust account, the necessity of having the account in the applicant's name, and additional thoughts on applying for the visa.
Craig *******
Better to get an O visa in Thailand. Skip the O-A (which I have) ๐Ÿฅน.
Bill *********
If you go though the Thai Embassy, DC, it costs $200, whereas itโ€™s 1900 baht here if self-managed.

I also hate the idea of giving Thai bank $25k.
Tod *********
you got your wires crossed a bit I believe
@Bill ********
,

a Non-O visa inside the country is 2000 baht and you bank the money here, the year extension is 1900baht

an OA from your country before you come is 200 and you bank the money there, and you get almost a 2 year stay out of it (if you have insurance)

It's like trying to compare apples to durian, and you just can't do it
Bill *********
@Tod ********
2 years? You sure? I saw one year. What reference do you have from Thai Embassy DC?
Tod *********
I'm 100% sure
@Bill ********
it works like this; the OA visa is valid for a year, it is good for unlimited entries for that year. Every entry gets you stamped in for a NEW year (as long as you have health insurance coverage).

So you enter, get stamped in for a year, then you exit/re-enter the country just before the VISA itself expires (a year after it was issued). That would get you stamped in for a whole NEW year <- giving you two years of stay out of a visa that is valid for one ๐Ÿ™‚

Many many MANY people who have had OA visas have gotten two years of stay out of it. That's one of the reasons (beside banking the money in your country) that people get them before they come here
Bill *********
Tod *********
@Bill ********
the reason people are now getting off of OA visas and switching to regular Non-O visas and year extensions in country is that starting on Oct 1st the mandatory insurance went from 40k/400k baht out/in-patient coverage to 3 million (100K USD) coverage and it pushed the premiums way up there especially for people who are over 60
Mike ******
@Bill ********
The 1900 baht is for extending a visa. The $200 is the actual fee for the OA Visa payable through the E-Visa payment portal.
Tod *********
๐—œ ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€๐˜๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—ฎ๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜ ๐—บ๐˜‚๐˜€๐˜ ๐—ฏ๐—ฒ ๐—ถ๐—ป ๐—บ๐˜† ๐—ป๐—ฎ๐—บ๐—ฒ, ๐—ฏ๐˜‚๐˜ ๐˜๐—ต๐—ฒ ๐—ฎ๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜ ๐—œ ๐˜„๐—ถ๐—น๐—น ๐—ฏ๐—ฒ ๐˜‚๐˜€๐—ถ๐—ป๐—ด ๐—ถ๐˜€ ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ ๐—บ๐˜† ๐—น๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐˜๐—ฟ๐˜‚๐˜€๐˜ ๐˜„๐—ต๐—ถ๐—ฐ๐—ต ๐—ต๐—ฎ๐˜€ ๐—บ๐˜† ๐—ณ๐˜‚๐—น๐—น ๐—ป๐—ฎ๐—บ๐—ฒ ๐—ฎ๐˜€ ๐—ฝ๐—ฎ๐—ฟ๐˜ ๐—ผ๐—ณ ๐—ถ๐˜. ๐—–๐—ฎ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฝ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ป๐˜ ๐—ฎ ๐—ฝ๐—ฟ๐—ผ๐—ฏ๐—น๐—ฒ๐—บ ๐—ฑ๐˜‚๐—ฟ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ฎ๐—ฝ๐—ฝ๐—น๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฝ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐˜€๐˜€?

Seeing as ALL visa applications in the US are via the eVisa website, all you can do is apply, upload your bank information and see what they say. Believe me they'll email you and tell you if the account won't work.

****************************
James ********
Check with the website of the Thai Embassy or Consulate which serves your State in the USA
James ********
Happy Thanksgiving...

Re your questions..

1. YES you could be able to show your PROOF of your annual income and or savings of 800,000 Thai baht or more in an account that is yours. Provide proof of the account with the Thai Embassy in the USA which you will be applying for the OA visa.

2. The OA visa, with planning , can get you up to 2 years stay in Thailand.

3. If you extend it inside Thailand the 800,000 Thai baht must be in a Thai bank account in your name only. It cannot be in the USA.

4. So many Americans return to the USA to obtain a NEW OA Visa , thereby NOT having to deposit money in a Thai bank account in your name only.

5. Re your question about bank account statements needed... Just provide PROOF required by the USA Thai Embassy or Consulate you are using to apply for the OA visa.
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