When can I withdraw 400K baht from my OA Visa funds after transitioning to the monthly income requirement?

Feb 23, 2022
3 years ago
Jennifer ******
ORIGINAL POSTER
I've asked a similar question before but as we are going through this now just want to confirm the correct information. We are transitioning over from the 800k requirement for the OA Visa to the 65k per month. Renewed our visa December 2021, started the 65k per month in November. Have just done our 90 day report today. When is it that we can take out 400K of our money? Thank you
861
views
2
likes
22
all likes
8
replies
0
images
5
users
TLDR : Answer Summary
The user is transitioning from the 800k baht requirement for the OA Visa to a monthly income of 65k. After renewing their visa in December 2021 and starting the monthly income in November, they inquire about withdrawing 400k baht. The consensus is that they can withdraw the funds three months after their extension is granted, but must keep the remaining 400k in the bank until exactly the day their previous extension expires to meet the conditions of their visa.
OA RETIREMENT VISA RESOURCES / SERVICES
  • Go to the OA 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 OA 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.
Stuart **********
Don't get mixed up with a 90 day report and anything to do with 90 days with a visa or extension of stay. They are completely different and unrelated even if they coincide at the same time ๐Ÿ‘
Wannikea *********
@Stuart *********
good point to emphasize.
Jennifer ******
ORIGINAL POSTER
@Stuart *********
Aaahhhh Ok. That's where i'm getting confused then. Thanks heaps.
Bobby ********
You can withdraw 400k baht three months after your extension is granted. Keep the other 400k in the bank until the EXACT day the previous extension expires, or you will not have met the condition of that extension.
Robert *******
The banked money of 800.000 thb must be in the bank 2 months prior application until at least 3 months after.

The rest of the year it can not be less than 400.000 thb, you may have to show this when you apply again as you promissed to follow the rules.

If you like to use next time the monthly income it must be at least 12 months prior application date a minimum of 65.000 Thb a month as foreign deposit into your Thai bank account.
Jennifer ******
ORIGINAL POSTER
@Robert ******
Ok. Fab. I wasn't sure if it was after the 90 day report or 3 months as have read different stories. Will wait another month to withdraw then. I know 90 day and 3 months are the same but for some reason we have had to do the 90 day 2 months after renewal. Thanks heaps
Robert *******
@Jennifer *****
90 days and three months are the same?

Not if you talk about the 90 days report that you make if you are 90 days inside Thailand and the three month needed to keep your deposit into the Thai Bank. Total different things as you noticed.
Jennifer ******
ORIGINAL POSTER
@Robert ******
I know. lol Had me confused as it's the same time but since renewing our visa, we had to do 90 day report just 2 moths later. Anyway.. thanks heaps. Will wait till 23rd March and all should be OK.
Thai Visa Advice
... members ยท 40% approval rate
The Thai Visa Advice group is a specialized Q&A forum for visa-related topics in Thailand, ensuring detailed responses.
Join the Group
Thai Visa Advice
View the Conversation
Thai Visa Advice