What are the rules regarding maintaining the 800,000 baht for a retirement visa in Thailand?

I wonder what type of brain made these rules…😂😂😂

Instead of the initial 800k can you just pay in 65k monthly. After 12 months apply for the retirement visa.

The advantage is As you pay in monthly you can spend or transfer the money back to high interest accounts. No need to keep a constant 800k in the account as long as 65k is paid in monthly.

Is this an option?

Excellent service

Use agent they put money in take out same day cost to you about baht first year Nancy year they do everything that includes open banh account MANEERAT AGENT GOGGLE THEM

What do you mean each account? One for you and one for wife?

You would also would need a Thai

Phone number. For Phone banking [App].Never lose that Number Or sim card

Use a visa agent.

You don't to leave the full amount in but it needs to be seasoned prior to each renewal.

If you can just leave and forget. But.... ensure you have a Thai will covering the money whilst it's in the Kingdom.

The rules regarding annual retirement extensions are as follows:

The account must have 800,000 baht for 2 full months before you apply for a 1-year extension. Once the extension is granted the account must remain at 800,000 baht for 3 full months. After that, the account can never drop below 400,000 not even for a single day.

Before the next year's extension, you would then need to bring it back up 800,000 baht for 2 full months before you apply for the extension (not before the extension expires, before you apply as it must already have been that amount for 2 months when you apply).

You can also transition to a monthly transfer method if you don't want to keep doing this forever. In order to do that you would need to do 800,000 to get the initial 90-day non-O visa. Then you would need the 800,000 for the extension and leave it at 800,000 for 3 months after you receive the extension, and then you can let it drop to 400,000.

But during this time, you would need to transfer 65,000 baht every month as an international transfer into Thailand. You would want to start this at least 1 month before you apply for your first 1-year extension. Then for year 2, you would be able to show a bank statement that includes 12 monthly transfers of 65,000 baht minimum, and you could use that for your extension instead of money in the bank. Once your 2nd year extension was granted, you could then remove the 400,000 from the bank. You would need to be VERY careful to make sure you always get a minimum of 65,000 baht transferred as an international transfer every month for the rest of the time you live in Thailand. Even missing it by a single day would cause you to lose your extension and have to start over. This means you would want to initiate your transfers near the beginning of each month, to account for any delays that could happen. If you did it near the end of the month, it might be delayed and then slip into the following month, causing you to lose your next extension.