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’.