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thai bank requirements
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Hi all , I’m just beginning my visa research process. I would like to apply for non o retirement based on 800000 baht in Thai bank account. Will be applying from Oz , I understand you get initial 90 days, then apply for 1 year extension, what happens after that,, ? Do you continue to apply for yearly extensions ? Also have things changed & is health insurance a must? ? Tia 🙏
Hi, I'm Australian on non O retirement first extension. Have met both 800 000 and more
than 65 000 each month but to change to monthly would I need consulate letter for proof of income? At the moment can change to marriage version, but wanted to take out all of the 800k
I have 800,000k Baht in my Bangkok Bank account in my name only. In order to use this to get my retirement extension do I have to prove that the money came from an overseas transfer.
Please confirm that with an OA visa you do not need money in a Thai bank. Just proof you have either the 800k or the monthly 65k in a bank offshore. Cheers
I've asked this on the Wise thailand group and a few people recommend I as here so...
I was on an Elite visa for the past 5 years. It's just expired and I want to switch to a Retirement visa.
I have a UK passport, I'm over 50 and receive a monthly pension over the 65,000bht requirement, so it should be easy... Not
The local immigration and local agents all insist I need a proof of income certificate from my embassy... They know the British Embassy do not provide this...
Local immigration will not accept pension payslips and bank statements as proof of income... (Funny that the tax man does)
Any UK retirees that use pension income as grounds for retirement visa and extensions, without the embassy certificate and withou using an agent, how and where?
Im finding it very f*&#@n annoying, that I fulfill the legal requirements, but Im being forced to obtain the visa through an agent
Sorry if this has been covered before, did a search but couldn't find a definitive answer.
After 5 months in Chiang Mai (60 day exemption x2 + one 30 day extension) I'll be returning to the UK early May 2025, coming back to CM early December. While here I got my bike license & Thai bank account (Bangkok Bank). My intention on my return is to apply for a retirement Non O visa (I'm over 50) but not sure which route to take.
1/ Put 800K Bht into the bank account 60 days before I return and apply for the retirement visa on my return, or perhaps apply for the Non O visa in advance at the London Thai consulate.
2/ Use the services of an agent who for around 29-35K give or take (for the first year, 16K approx there after) will supply the visa using their money so I do not have such a large amount earning almost nothing in a Thai bank account (0.6% interest rate).
The second option allows me to keep my money in a safe high interest UK bank account (at present earning 4.45%) which more than pays for the agents fees & is easily recoverable should anything happen to me while abroad. Also should there be a regime change or policy changes about foreigners & what we can or cannot do with money etc the money would be safe.
Do I play safe (option 2) or just bite the bullet & put 800K into the Thai bank?
Your opinions & suggestions will be much appreciated
EDIT: My wife and I are retiring together. We are both US citizens. We are both over 50. She is a veteran. She has enough income, mine is a little shy on the monthly amount required. We plan to apply individually.
When your comments mention that rules can depend on the immigration office, are you referring to offices inside Thailand or one of the 5 Thailand Embassies in the US? Thank you all for your valuable input and feedback. 🎉💛