800k bank deposit

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This page displays all the results for the 800K Bank Deposit tag, sorted by the most recent activity. There are a total of 3 questions that have been tagged with 800K Bank Deposit. Explore the questions to find discussions and information relevant to this topic.
Oct 23, 2024
a month ago
Ian *********
ORIGINAL POSTER
Hi, I am wanting to change my current banking deposits from the required 65k minimum to the 800k bank acc. minimum.

Have maintained 65k deposits but not sure on 800k seasoning requirements. My retirement visa renewal due end of April ' 25.
Jan 21, 2024
10 months ago
Sat***
ORIGINAL POSTER
Hi, I have a question regarding the 800K bank deposit requirement for retirement visa. I understand that I need to transfer the fund internationally under my name, but do I need to do it in one transfer or is it possible to separate it into several transfers as long as the total amount satisfies the requirement and I have proof of all transfers? TIA
Aug 19, 2021
3 years ago
Hi all, I am looking for advise.

I am a 51 y/o canadian on O-A visa which I need to renew, extend in December.

I understand that there are two ways to meet the financial requirements: either 65K deposited monthly in my thai bank account or 800K for at least 3 months prior and two months after.

Now, being 3 months prior the renewal, I could get the 800K in time, but how can I transition to the monthly transfer?

Do I need to start doing the transfer while the 800K is also covered? Do I need the 65K monthly fo the entire 12 previous months?

Does it mean that my best scenario would be 800K now until January while starting to transfer 65K / month now so next year I could transition ?

Thanks for your help.
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