Answered2 years ago

What is the evidence required for foreign currency fund transfers when applying for a retirement visa in Thailand?

retirement visa NON-O visa foreign currency transfer Visa application requirements Thailand immigration financial proof for visa

Nway ************

asked Dec 9, 2024

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I’m trying to apply retirement visa for my aunt. Does anyone know what 5.3 evidence of foreign currency fund transferred to thailand. 

We didnt transfer direct from bank to bank from our country. Is it a must to provide that? If so how should i do it?

Answer summary

When applying for a retirement visa (specifically the NON-O category) in Thailand, you must provide evidence of foreign currency funds transferred to Thailand. This is crucial as the Thai authorities require proof that funds originate from overseas. If you did not transfer the money directly from a bank to a bank, you will need to show this in another way. Many people find success using services like Wise for transfers, as it often categorizes funds as international transfers. Additionally, you can make a small transaction in a Thai bank right before the larger transfer, which can provide you with a receipt indicating the funds were transferred from abroad.

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Jessie ******

2 years ago

Robert ********

You need to go to yoir (thai) bank, and make a minuscule transaction a moment before that. They will give you a paper stating when the money came from outside Thailand.

Bangkok bank knows that. I’ve been to 3-4 different branches and they immediately know about it.

Nick ************

phone top up.

Robert ********

Yes why not (I have a post paid, so didn’t think of that)

2 years ago

Nway ************

@Robert *******

thank you. I will try that

2 years ago

Stuart ***********

Most people seem to use Wise to transfer the funds using the code for purchasing a property. It then shows as an international transfer (unless this has changed again).

2 years ago

Wayne ********

@Stuart **********

they actually now have a category that says “ sending money for retirement” or something similar.

2 years ago

Stuart ***********

@Wayne *******

does that show as an international transfer?

2 years ago

Wayne ********

@Stuart **********

I don’t know for sure because I always transfer my money to Bangkok bank in New York and then they transferred to my local branch in Thailand. I would assume it does show as an out of country transfer because that category has not always been available. But I would check with Wise to be sureor you can transfer a small amount through Wise to your Thailand bank and see how it shows up.

2 years ago

Graham ******

@Stuart **********

It has, the long stay in Thailand was restored two weeks ago when I sent funds

2 years ago

Stuart ***********

@Graham *****

makes sense Graham. I presumed it would revert at some point, I just hadn't seen any comments stating it had happened. Is the wording 'funds for long term stay in Thailand' or similar?

2 years ago

Graham ******

@Stuart **********

yes, words to that effect

2 years ago

Brandon ************

This is a requirement for converting to non-O retirement visa in Thailand. You must be able to show the funds you are using came from overseas. If you cannot show this in some way or your funds will not be accepted for the visa application.

2 years ago