I want work permit and want register a company in thailand. What is the procedure and cost for it
Answer summary
The process of obtaining a work permit and registering a company in Thailand involves multiple steps including choosing the right type of visa, understanding the documentation needed, and managing financial requirements. It's essential to gather proof of residency and possibly consult an agent if you're not well-versed in Thai bureaucracy. Comments suggest avoiding certain banks like Bangkok Bank due to unfavorable policies for expats, while recommending Kasikorn Bank as a more reliable option for maintaining account stability and support with immigration processes.
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Dennis *********
1, try other banks, ever branch "not bank name" has their own policies. 2 if that fails, find a visa agent. If you're not good with paperwork, and very careful with details, just start with the visa agent, as thais have unlimited patience telling you to go back and give them everything they've asked for. Use your drivers license as your 2nd ID.
Just remember to go to immigration and get a proof of residency, you will probably need to get your landlord to help you with that, if not then you will need an agent
I had the same problem. I went to 5 banks, none would allow an account even though their own websites said I qualify. I got a non B visa and work permit bc I got a job, though (later) so that was my workaround.
I think you misunderstood what they were telling you. The money needs to be seasoned for two months, but the ฿800,000 is frozen for for months. I did it in February. You sign a paper saying they can lock the money for four months and then they will give you the letter. It has to stay at the ฿800K balance for 5 months anyway, so no big deal. My money is unlocked now and I have my one year extension of stay.
Bangkok bank will issue the letter before the 4 months is up. But you have to sign paperwork freezing it for 4 months. They were willing to issue my letter the same day i signed paperwork to freeze the 800k for 4 months. Kasikorn would be a better choice though.
Did a Bangkok Bank branch in Chiang Mai tell you this? I thought it was only branches around Chonburi that did this, my branch has never required this.
if I were you, i would try both. Bangkok bank can freeze your account for 4 months to release the bank letter for your extension. You can ask and try to open another bank account at the same time. You just have two months to extend your stay. So time matters here.
I tried two different BKK branches and neither would accept my letter from immigration. They both said I need the same letter from my Embassy (no exceptions)
Try Kasikorn, in my experience a much better choice for expats. Unlike Bangkok bank which need to get the 12 month statement from head office (I've been told) so you have to order 2 weeks before going to Immigration for the extension of stay, any branch of Kasikorn can produce a 12 month statement without notice even if your account is with a different branch. My account is with a Pattaya branch but I get the statement in Khon Kaen. Also I've seen reports of Bangkok bank freezing the account with the 800,000 Baht in it for the extension for 3 months after issuing the letter for the extension, I've never had anything like that with Kasikorn. Don't forget to get the 'residency certificate' from Immigration before going to the bank as it's normally necessary and makes things so much easier, I think it normally cost 500 Baht.
The 4 months is after permit to stay is granted as above bb wants you to sign before guarantee letter all which is needed for permit to be granted is proof of funds in bank for 2 months prior to applying for permit
Wylie Pfaff I use Bangkok bank for everyday banking and have done for 25 years without issue. I would not recomend for immigration business but everything else is fine.
Paul Jones I've had a Bangkok Bank account for just over five years and haven't had any problems with it. I opened a Kasikorn account when they started freezing accounts and requiring visa funds to be held for longer, but I've only kept a few thousand baht in it and pretty much stopped using it since then. I saw too many issues with them. If I were starting from scratch today, I wouldn't bother with them.
Bangkok Bank will issue the letter, you just have to sign something letting them freeze the funds in your account for 4 months. But they should be avoided regardless since they're the only bank making such anti-foreigner policies.
Kasikorn is probably the most popular bank for foreigners at the moment. But if you go to one branch of one particular bank and they don't want to assist you, just go to the next branch. You'll find one eventually that will open an account for you.