For my first Non-O extension i will put yhe 800k in the bank. For my renewal I will have transferred over 65k every month.
Considering I don’t need the 800k for my renewal, at what point can it be withdrawn from my account after being granted my initial extension?
TLDR : Answer Summary
After being granted your first Non-O extension, you must keep the 800k in your bank account for a minimum of 3 months. You cannot withdraw any amount below 400k for the entire year following the extension approval. Partial withdrawals are allowed after 3 months, but you should top it back up to 800k before your second extension application, unless you're transitioning to the income method where monthly transfers of at least 65k are required instead.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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