ask
Search
Ask
Answered6 years ago

What is the latest date to return funds to my Thai bank account when applying for a retirement visa extension after a withdrawal?

James ******
asked Aug 18, 2020
1.6k
views
8
replies
2
likes
Morning all,

I will be extending my visa based on retirement again in February.

My visa expires February 11th.So i will probably renew on 8th-10th February

my question is

- if i withdraw 400k from my 800k bank account

what is the latest date I can return the funds to the account?

thanks in advance
Answer summary
The user plans to extend their retirement visa in February and queries about withdrawing funds from their bank account. Key details shared include that the funds must remain in the account for 2 months prior to applying for the extension and that dropping below 400k baht on that account after the extension is not permitted. Additionally, it's suggested to apply for the visa extension no later than 30 days before the current visa expiration to avoid any risk of overstaying.
8 repliesnewest first
4

Click comment and we will ask for your email, then OTP, then name.

Tod *********
Tod *********
What I wouldn't do is cut your new application for extension so close to your expiration date. All it'll take is you missing one document and you could run onto overstay. As I said you can apply for your new year extension when you have 30 days or less left on this one.

AND you noticed I said the money needs to be in the bank for 2 months on the date you APPLY for the extension, NOT on the date your current extension expires.
Kool *******
Kool *******
Tod Daniels, in most cases if you are so close to your expiration date, and are missing a document, but have the rest, they can give you a 30 day extension at bt1900 in order for you to get the document, and not face overstay penalties. At least that is what they did for me, but under a different visa type.
Benjamin ******
Benjamin ******
@Kool ******
That might be something specific to the immigration office, OR might be something to do with your visa that you were currently on and applying for (i.e. enter on a tourist visa, applying for an "retirement" visa).
James ******
James ******
OP
got it.

-money in 2 months prior to application

-dont leave it to the last minute (give a week of wiggle room)

thanks again Tod much appreciated
Tod *********
Tod *********
The requirements are 800K baht in the account for 2 months before you apply for your extension, it needs to stay in the account for 3 months after you get your extension granted AND then the balance can't go below 400K baht the rest of the year..
Tod *********
Tod *********
you need to have 800K baht in your thai bank account in your name only for 2 months before you APPLY for your extension..

AND

If your extension expires on the 11th of Feb most offices will let you apply when you have 30 days or less left on that stamp (so you could apply for your new extension anytime after Jan 12 if you wanted to). You don't lose any days going early, they add the new year extension to your current expiration date.
James ******
James ******
OP
Thanks
@Tod ********
-so its 2 months not 3 to season the money for another extension?

-if i withdrew 400k i would need to return to the account before

December 11th,is that correct?
Tod *********
Tod *********
@James *****
I posted the requirements below as far as what the balance has to be when..

Activity

4 joined
James ******
James ******
James ******
James ******
4
people
Thai Visa Advice
Thai Visa Advice
...members40% approval
Member 1
Member 2
Member 3
Member 4
Member 5
Member 6
Member 7
Member 8

Related

25
Is it better to enter Thailand on a tourist visa and then apply for a retirement visa with an agency?
6.3k55712mo
Can I get a retirement visa in Thailand with my Social Security and annuity income?
16.9k1192564mo
How can I obtain a retirement visa for Thailand without a Thai bank account?
10.2k492075mo
Is the renewal process for the retirement visa the same every year?
1k295mo
How long does it take to convert a Non-O visa to a retirement visa in Thailand?
8.5k581121y
How challenging is it to obtain a Non-O visa in Thailand for retirement?
1.7k14101y
What are the visa requirements and medical insurance options for retiring in Thailand?
1.6k1291y
How long do I need to maintain the 800k deposit after my retirement visa approval if I'm switching to the 65k monthly method?
2.8k20341y
What happens if your bank balance drops below 400,000 THB on a retirement visa in Thailand?
1.8k15101y
What are the requirements for obtaining a retirement visa in Thailand and do I need to pay an agent for the process?
5.2k51302y
Can I renew my retirement visa in Thailand after withdrawing my funds?
1.9k13152y
Can I use cash forex for my first extension of the ME OA (R) Visa despite having only 11 months of bank statements?
9644122y
What steps can I take to obtain a retirement visa for Thailand during my current trip?
4.7k43302y
Can I apply for my retirement visa extension in Thailand before my current visa expires if I'm planning to travel?
1.1k582y
Can I switch from a Non-O retirement visa bank method to the monthly deposit method without an affidavit?
3.1k13572y
Can I maintain my retirement visa status while working outside Thailand every year?
5.7k50472y
What are the requirements for applying for a Non-O retirement visa in Bangkok regarding bank accounts and leases?
1.3k1043y
What are the requirements for switching from an 800,000 THB retirement visa to a 65,000 THB monthly income visa in Thailand?
1.7k8173y
When should I apply for a one-year extension on my non-immigrant retirement visa in Thailand?
3.6k26393y
Do I need to maintain the 800,000 baht requirement for my retirement visa renewal in Thailand if I am depositing 65,000 baht monthly?
1.9k4363y
What are the implications of a bank account balance dropping below 400,000 THB for a retirement extension of stay in Thailand?
2.9k18365y
What documents do I need to extend my retirement visa in Thailand?
3.6k26426y
How long do I need to maintain 800,000 THB in my bank for a retirement multi-entry visa after renewing it?
1.2k7116y
Can I split my 800k THB for my retirement visa renewal in Phuket into two bank accounts?
2.8k27128y
Do my husband and I need separate bank accounts and combined amounts for our retirement visa in Thailand?
5.1k52219y

Resources

Need help with your retirement visa?