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Answered4 years ago

When can I start using my funds after depositing 800,000 Baht for the Thai Retirement Non O Visa?

David ******
asked Dec 25, 2022
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I want to apply for the Thai Retirement Non O Visa. I know about the required 800,000 Bhat Thai Bank account deposit. My question is when can I start using the money to pay for rent, food, housing, everyday expenses?
Answer summary
When applying for the Thai Retirement Non O Visa, the 800,000 Baht deposit must be maintained according to specific requirements. You should not use the funds for everyday expenses until you have met the conditions of maintaining the balance for two months prior to your one-year extension and for the required three months after approval. Essentially, the funds are meant to prove financial stability during your retirement in Thailand rather than to cover living costs.
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James ********
James ********
We wish you success in obtaining your retirement and enjoy retirement life in Thailand.

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James ********
James ********
You have agreed to maintain the account balances...

...800,000 Thai baht two months before you get the one year extension of stay as retired...

AND

...800,000 Thai baht during the three months from your approved one year extension of stay...

AND

...a minimum of 400,000 Thai baht during the reminder of the 7 months of the one year extension as retired.
David ******
David ******
OP
Oh I see fair enough. Thank youm
James ********
James ********
James ********
James ********
Reality is that the fund's required to get the Thai retirement Visa and One year extension of stay as retired are not there to use on your living costs in Thailand.

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