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Answered3 years ago

What is the best strategy for obtaining a long-term visa in Thailand when facing tight deadlines and banking challenges?

John ***********
asked Dec 21, 2023
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We are in the process of moving to Retire on Koh Samui but have to be there by first week of April for Our Son's Wedding. We also sold our property but need to wait for registration before funds for the sale would be paid into our local (South African Bank.) so we will not have sufficient time to season the required funds before applying for Long term non O .(1 year) in SA.

It seems to leave us with the option of METV 's for both of us and then to open bank account ,transfer the required monies and then apply for Long term stay in Thailand after required 2 month period.

Problem here is that I saw from previous posts that Farangs can not open a Bank account using a METV?

Please advise best course of action. Thanks in advance.
Answer summary
The individual is moving to Koh Samui for a wedding but faces challenges in obtaining a long-term non-immigrant visa due to timing constraints and bank account requirements. They contemplate using a METV to open a bank account and transfer required funds, followed by applying for a long-term stay after two months. However, there are concerns about whether it's possible to open a bank account on a METV. Suggestions from the community include considering a short tourist visa for the wedding, investigating options for obtaining a non-O visa in advance, and possibly hiring an agent to assist with the visa and banking processes.
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Bill ********
Bill ********
Bill ********
Bill ********
Hire a Agent.
James ********
James ********
Just go for the wedding on tourist visa. Plant some seeds and get balls rolling. Then long slow travel around se Asia until the balls line up.
John ***********
John ***********
OP
@James *******
Thanks James ,failing all else I will use this option. Was hoping to avoid Bouncing.
Graham ******
Graham ******
Why not get your Non-O (90 days) before travelling then use it to open a bank account for your 12 month extension?
John ***********
John ***********
OP
@Graham *****
Thanks Graham, Not sure what the requirements are for this Type of Visa. Is this the same as a METV?
Graham ******
Graham ******
@John **********
You're local Thai Embassy/Consulate website has that detail (there is no generic list as all operate independently to a certain extent)
Ruth *******
Ruth *******
@John **********
you do need the funds. You just get the initial 90 day visa at “home”, which allows you the visa that makes banks happy (theoretically).
John ***********
John ***********
OP
@Ruth ******
so where did you find the detail for this VIsa?I thought it was only if married to Thai ?Please advise as this could work if We can qualify without 800 K BhtFunds .
Ruth *******
Ruth *******
@Graham *****
never mind. I found it. I swear…I looked many times and couldn’t find it…very odd.
Graham ******
Graham ******
@Ruth ******
which Embassy?
Ruth *******
Ruth *******
@Graham *****
this confuses me. I’ve seen this mentioned a number of times. Yet, on my embassy’s site, they only mention the non-OA and non-OX as being available. I don’t see how one obtains a non-O before entering Thailand.
Andy **********
Andy **********
You can open a bank account on an METV with the assistance of an agent, I did it a couple of weeks ago.
John ***********
John ***********
OP
@Andy *********
Thanks Andy, We will have to try this route failing all else.
Cliff *********
Cliff *********
You have too many moving parts
Cliff *********
Cliff *********
Getting a bank account

Don’t expect to get something for nothing. Each office is an independent business. Each office makes their own criteria.

You certainly will pay a fee for transferring USD from USA to Thailand. The amount depends on the bank and the transfer service.

Banking is an essential service if you plan to spend time here. It’s not FREE.

I prepared ahead of time by getting a bank account set up 6 months ago.

I treated this as an important business transaction, not just a casual activity.

My Thai friend made an appointment for me at the Bangkok Bank branch across from Astra in CM. He also translated for me.

I am a middle aged physician and dressed as such. Yes I did do the whole business card ceremony.

I told the banker that I plan to retire soon and buy a condominium at Astra.

I was asked to purchase a life insurance policy for about $100. Presumably the banker gets a commission. Whatever, it’s the price of doing business at the bank.

They wanted to copy my passport and see my credit card from Wells Fargo. I think I showed them how much was in my account also to make the point that I’m a serious customer.

I also showed them $500 in perfect $100 bills that was to be the initial deposit.

Nothing else was required.

Act like a serious customer and you will be treated as such.

Present yourself properly and you should be fine.

If not, thank them for their time and visit another office.

Best wishes on your adventure to Thailand!
Steve **********
Steve **********
@Cliff ********
go to another branch .

No reqmt to buy insurance.

Opening acct is easy
Andy **********
Andy **********
@Cliff ********
you can do all those formal ceremonies, whilst being smartly dressed and also being accompanied by your Thai friend, and you will probably spend days and days walking from bank to bank and achieve nothing, because you don't meet the criteria, or just pay an agent, and turn up in your Bermuda shorts and football shirt, it is free to open an account, there is no actual fee to the bank to open an account, there are some fee's for everyday banking, a lot of the rules and regulations have recently changed with regards to opening a bank account, they are now insisting you have a long term visa, I'm told it is very difficult or impossible to do it yourself on a short term visa, even going through that formal professional routine you mentioned above. I personally when I opened an account with the assistance of an agent, i didn't buy the banks useless accident insurance, i think if you're wrongly persuaded into buying it, you can cancel it within the first 14 days, and receive a refund, like you said, it's just a commission based product, that the staff make money on, and I believe they need to meet certain sales targets. The moral of the story is, just pay an agent and save yourself a headache.
Ruth *******
Ruth *******
@Andy *********
I’ve never been of the “dress to impress” mentality. I don’t see why I need to do anything to impress someone to give them business. With that said, the problem is that agents are charging outrageous fees. I was quoted between fifteen and twenty-five thousand baht just to open an account. Before anyone says, “no, that was for the visa.” Nope. They volunteered those quotes too.
Ruth *******
Ruth *******
@Andy *********
sure. If it comes to that. Thx
Andy **********
Andy **********
@Ruth ******
yes there are lots of agents in Pattaya, but be careful, make sure you check they are genuine, I prefer an agent that has an actual long standing business, and a physical office you can visit in person, i contacted some agents about opening an account and they said can't do it anymore on a short term visa, I had one agent wanted to meet in a coffee shop, and take away my passport, and meet a few days later, not a chance!! let me know if you want the details of the agent I used in Pattaya.
Ruth *******
Ruth *******
@Andy *********
yeah, I have a name a friend gave me for an agent in Hua Hin and tried to call them to do just that. They never called back. I haven’t tried Pattaya, although they seem to be bursting at the seams with agents. I’ve wanted to visit anyway, so I may do that. If I can’t workout a non-O when I have my short visit back to the States, I will do that.
Andy **********
Andy **********
@Ruth ******
I think "sometimes" the Thais just inflate the price for all us farangs male or female, they just think everyone from western countries are rich!! It annoys me when they think everyone is on holiday, and money is no object, they must realise some people live in Thailand full time, It might be more difficult to open an account in Bangkok, hence the inflated price, I don't know, if you're struggling in Bangkok for whatever reason, just jump on a bus to Pattaya, and spend a few days there, or go and come back the same day that is also possible, (contact the agent in advance) that's what I did, I opened a bank account, and converted my IDP into full thai car and motorcycle driving licenses, the agent did everything, they will accompany you to the bank and the DLT it's so easy, you don't even queue up, (appointment at DLT needed) agent will sort it.
Ruth *******
Ruth *******
@Andy *********
I’m in Bangkok and I’ve checked in multiple areas. The number you’re quoting is close to what I’ve been told by others. Some even paid only $3K baht. I don’t know if it’s because I’m female and they think they can take advantage or what, but I’ve been quoted similar numbers by multiple agents. When people say, “just pay an agent”, my reaction is, “that doesn’t really make it easier if I have to wander the streets looking for one who won’t rip me off.”
Andy **********
Andy **********
@Ruth ******
where are the agents based in Thailand giving them quotes?? That's ridiculous!! And a massively inflated farang price, I paid ฿4000 agent fee, ฿700 to the bank if you want the physical ATM MasterCard, no need to purchase the banks accident insurance, and I was advised to deposit in the account ฿2000, because apparently they will never close your account, if the balance drops below ฿2000 and there are no transactions over a certain period of time, a fee will be deducted every month or every quarter, until the balance is zero, then they will close the account, this is Bangkok bank.

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