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Answered7 years ago

Will moving my 800k Baht to a new bank account affect my retirement visa extension in Thailand?

Tom *****
asked Sep 29, 2019
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Extension of stay retirement based on money in the bank.

If I move my 800k Baht to a new account/bank to get at least a little interest, is this transaction likely to cause any grief with the immigration office on renewal when it shows balance going to zero in one book then starting anew in another one? Could they say it has lost it's seasoning for example and refuse a renewal?

I would plan for the changeover to be done on the same day, but I dont want to tempt fate. Thanks
Answer summary
The user seeks advice on the implications of transferring 800,000 Baht to a new bank account when applying for a retirement visa extension in Thailand. They are concerned that moving the funds might raise issues with the immigration office, particularly around the balance being reported as zero in one bank statement and starting anew in another.
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