800k Baht question: I've just been told that you can have a combination of monthly Social Security income plus a deposit to reach the 800k Baht per year mark. Meaning, if your Social Security monthly is equivalent to 55k per month, which is 660k per year, then all you need to do is have 140k baht in the bank. Can anyone confirm this info?

Having lived and worked in Thailand for 15 years on a non-imm visa with a work permit in Chonburi area I will soon be retiring and want to convert to a 'retirement' visa and live in Buriram.

Any advice on what I need to do please?

Also does the 800k need to be in bank for 12 months when I convert visas?

Thank you so much 🙏

I recently turned 50, and secured my first Non O retirement visa (3 months). Soon I need to apply for my first 12 month extension. Local expats here in Hua Hin tell me I need to get a 12 month statement for my account at Bangkok Bank (which takes a week to get). However, the official immigration documents say the the 800k only has to be in the account for 2 months prior to applying for the (first) 12 month extension. Is the 12 month bank statement actually necessary for first time retirement extension applications?

Joann Bruton Tarkington

posted in an un-related thread

Does your 800k have to be seasoned 60 days prior to applying for an O visa inside Thailand. I know it has to stay in the account afterward

Edited to reflect the O/P meant an O visa not an OA :)

Hi all! 🙂

New to the group and soon to be in Thailand. I have a question regarding O and O-A Visa.

I will be 50 next year (Oct. 2023) and will be able to apply for retirement visa. As Canadian I also believe I can apply for O-X 5 years Visa.

My question is, how likely Thailand will change requirements to apply for that Visa next year? Can they bring up the 800K Baht to above 1M+ Baht? Is there a risk they cancel this Visa program or raise the retirement age to 55 / 60 y.o ?

and also once you get the O / O-A Visa, what happen if you don't renew the following year and skip for a few years before renewing, would you leave the 800K Baht in a Thai Bank or transfer back to Canada?

And finally is it possible to keep the amount in USD equivalent to 800K Baht or its mandatory to convert into Thai Baht when deposited in the Thai account?

Sorry for all the questions, quite new to all this 😁

May thanks for your kind help 🙏

I planned to enter Thailand by 60 days TR visa. Upon arrival, then change to non o 90 days visa based on retirement. One of the requirement is 800k baht bank in thai bank 2 month before retirement extension.

I read some information from other, when apply the retirement extension from non -0 90 days, it need to provide the source of fund from aboard , such as FET issued from bank.

From my knowledge, the FET issued from bank is possible only when the fund remitted from aboard to Thailand in “foreign currency”. But I plan to remit the fund in thai baht of 800k directly to Thai bank (not in foreign currency then convert to Thai baht by local Thai bank)

Is it a requirement the immigration need such proof of fund remitted in “foreign currency” by FET? Or they also accept the fund remitted in thai baht from aboard ? ( I am planning to apply the above at pattaya immigration. Anyone have such experience related to application made in pattaya immigration)

Thanks for advise !

Hello everyone~ Thanks for everyone 😊🙏

I would like to know something about retirement visa. For example, when planning to renew a retirement visa here, should I keep 800K Baht in my account all year long? or is it possible that spending it all after the application and transfering another 800K to the account again before renewing visa for next year? Appreciate your help 🌸🌸🌸

I know that this has been covered by many but I am still getting confused. When I open a bank account in Thailand and deposit my 800K THB into the account. I will let it sit for 2 months before my renewal of an visa extension.

My questions is: If I do not touch the money and keep the 800K for one year and go for my next extension. Does Thai immigration look at the amount in the bank account or does it look at the account and check to see if it has oversea deposits transactions each month?

The account will not drop below 800K and some months it will not have any deposits.

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

Sorry if this has been asked a lot before. I'm an Australian aged 57, in the last 12 months have been in Thailand for a total of about 3 months. Have rented a house in Phuket and about to start the process of applying for an "O" retirement visa. I have all of the necessary criteria already except medical certificate, but would prefer not to transfer the 800k to a Thai bank account if avoidable. My question is about whether to apply for the visa in Australia or Thailand. I've been told that if I apply in Australia, I can provide a statutory declaration that I intend to transfer the 800k and provide evidence of the funds in an Australian bank account. Firstly, is this the case, and secondly, is it possible to do this in Thailand also? Does anyone have recent experience about this? I'd like to avoid using lawyers in Thailand and do this myself. Thanks in advance.