What are the updated requirements for the Thai retirement visa in relation to bank deposits?

Question

I can’t find anything in stone about the retirement ext 800k or 65k per month.

SO....

ISIT Legal now to have a Thai bank with 800k untouchable for 3 months or 6? Presumably you can live on this for 9 months then top it up.?

Does that money need to de sent to the Scb where I have a passbook from my working days? I had this account 10 yr.

On the big day at cw is it ok th show just the bank book and copy and extension forms as usual, or do I need a letter of balance from my bank in centre Bkk? Or just the bank under immig downstairs?

Why are people who are well known in Pattaya and bkk advertising the retirement stamp for 12000 baht and no other proof needed. Where is the catch?

Eddy

Ask Thailand · Answer

The discussion revolves around the current laws regarding the Thai retirement visa, particularly the requirement for a bank deposit of 800,000 THB or an income of 65,000 THB per month. It clarifies that the 800,000 THB must be held in a Thai bank for either 3 months for extensions or 2 months for initial applications, along with a bank letter ('rab roong thanakan') confirming the balance. Additionally, questions arise regarding the legality of services offered by visa agents for a fee of 12,000 THB without proper documentation, implying potential illegal practices and the importance of following official regulations.

Robert ******* · Answer

And as far as your first question: For the Extension of Stay based on being over 50 years of age, you need OR 800.000 Thb 2 months for the first application or 3 months for consecutive applications on a Thai bank in your name. OR a minimum income and deposits from abroad into a Thai bank on your name of 65.000 Thb during the period of 12 months prior your application. Both options with a letter of the bank that it is your account.

Robert ******* · Answer

We offer advice how to get an Extension of Stay totally for FREE. But if you like that others carry the documents for you and hold your hand to sit in line at Immigration and talk with the Immigration Officer, you pay a fee for their service. I guess this is as far as we go into the discussion about Visa agents. Changing bank branch, you have to discuss with your bank and is not Thai visa related.

Gregor ********** · Answer

this is the cost of their service. And if you don't have required 800K, some offer you  can get it anyways but the bribe will be 25,000 to 35,000. Keep in mind this is illegal

Paul ********* · Answer

Im still bugged by the 12000 no questions agent. How do they do?

Paul ********* · Answer

Can i change branch to changwattana

Gregor ********** · Answer

i guess only your branch will do it

Paul ********* · Answer

Can i get the letter at the cw bank when i get visa. Or must i go to my branch in silom before?

Gregor ********** · Answer

and most immigrations accept the letter only if it is from the same day or maximum 1 day before. You should ask immigration about this

Gregor ********** · Answer

the bank letter you need to show immigration is called " rab roong thanakan" (guarantee bank letter) and it must include a listing of the standings of recent three months

Paul ********* · Answer

I know its illegal but a famous visa.getter says is easy and will do it for 12.000 by monday. Mmust be bribery etc

James ******** · Answer

The catch is its illegal.

Yes.  You still can use 800,000 Thai baht in your Thai bank account...as before.

What are the updated requirements for the Thai retirement visa in relation to bank deposits?

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