I am on a retirement visa and have 800,000 baht in a Thai bank in a one year deposit account. I have never touched it, just keep renewing it for a further one year every 12 months. However, on my last visit to immigration the officer was not happy as on the day when the deposit finishes the balance in my bank account is entered as 0 and then back up to 800,000 baht as I carry it forward for another year. This takes a few seconds and the money never leaves my account. Has anyone had a problem with this, any suggestions to stop it happening again.
TLDR : Answer Summary
The user faces issues during immigration checks due to their fixed deposit account showing a balance of 0 at maturity, even though the money is re-deposited immediately. The community offers suggestions to switch to a regular savings account that avoids this problem by providing constant balances without gaps. Several users discuss their experiences with different banks and accounts that have worked better for their retirement visa requirements.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
- For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
- Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.