800000 baht rule

Showing 14 questions

This page displays all the results for the 800,000 Baht Rule tag, sorted by the most recent activity. There are a total of 14 questions that have been tagged with 800,000 Baht Rule. Explore the questions to find discussions and information relevant to this topic.
Oct 5, 2024
2 months ago
Nick *******
ORIGINAL POSTER
When you apply for an O visa inside Thailand to eventually get the 12 month extension (based on retirement), at what point does the 800k bht need to go into your bank account?
Sep 2, 2024
3 months ago
Malcolm *************
ORIGINAL POSTER
Can somebody confirm how many months before and after retirement visa renewal can the seasoned funds drop to 400,000 before having to return to 800,000 baht

Thanks 👍
Jan 21, 2024
10 months ago
Jim ********
ORIGINAL POSTER
Can someone that actually knows the current situation verify you can use EITHER the 800k OR the 65,000 baht annual income for retirement visa? Thanks.
Nov 7, 2023
a year ago
Michael ********
ORIGINAL POSTER
I just got my 1 year extension for my non immigration O retirement visa. I have had the 800,000 baht in my bank account. Can I take some of that money and re-deposit it back into the account the next day or 2. We have a celebration and it’s just for show.
Aug 19, 2023
a year ago
Chris *******
ORIGINAL POSTER
I was wondering about the retirement visa..after you have shown you have the necessary 800,000 baht in the bank..does it have to remain in the bank untouched or can you with withdraw some or all of it if needed..I'd be grateful for some advice as I'm interested in retiring in Thailand
May 30, 2023
a year ago
Bruce ***********
ORIGINAL POSTER
I just gave advice to a mate then thought wouldn't hurt to double check I'm right. For applying for a retirement extension can he combine 2 Thai bank accounts in his name only to make it up to the required 800 thou. ? Cheers
Jan 25, 2023
2 years ago
Jon ********
ORIGINAL POSTER
FYI all. I applied for my Retirement Visa extension yesterday and had to return in the afternnon and bring back an older bank book that showed where the 800,000 baht came from. I have 2 accounts, one for the Retirement Visa and another for day to day expeneses. I had transferred the money from one account to another. Even though the 800,000 baht needs seasoning of only 2 months, the funds transferred must appear over the past 12 month period in your bank statements. This was Jomtiem. I hope this is not confusing.
Nov 27, 2022
2 years ago
Peter ********
ORIGINAL POSTER
I actually have 2 questions but I’ll start with the first…..

The first is basic i believe: can I apply for a retirement visa in the USA 3 months before turning 50? Or do you have to be 50 prior to turning 50? ( I ask because it’s my understanding that you can apply then go to Thailand and deposit necessary funds into a bank account before an exempt visa entry runs out, or perhaps a tourist visa of some type)……

The second question relates to required funds sitting in a Thai account(I.e. 800kbaht)…..: Does that balance have to stay in there for the year that your using that retirement visa? Or could you then just show deposit of 65,000baht a month into that account and take the first 800k out and re-deposit to country of origin?

I know that sounds crazy let me simplify: If I were to get a retirement visa using 800k method, then start depositing 65000baht a month into the account, could I spend or transfer the initial 800k at my leisure and get the following years retirement visa using the monthly deposit method for verification?

Thanks!

USA passport holder

50 years of age

Embassy doesn’t verify income currently? Correct?

And lastly: how many months must a person have 800k in an account to apply for a visa? Is there a law that says they must maintain that for the duration of their 1 year retirement visa?

Thanks’.
Dec 8, 2021
3 years ago
Mouseen *******
ORIGINAL POSTER
extension of retirement visa: Did the rule, how many months after the extension is obtained one should maintain the 800,000 baht balance in bank account? Now it the rules (t.ly/66j0) is to keep 800k for three months after extension. I think last year, the rule was one month only. Do i remember right?

In all cases, went under the 800K after 1.5 months, and the immigration officer is saying 'nope; there is a new rule, and you don't qualify'

This in in phuket. I am a canadian citizen. Thank you for suggestions!!
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