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withdrawal rules for retirement visa

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This page displays all the results for the Withdrawal Rules for Retirement Visa tag, sorted by the most recent activity. There are a total of 1 questions that have been tagged with Withdrawal Rules for Retirement Visa. Explore the questions to find discussions and information relevant to this topic.
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Can I withdraw my funds from a Thai bank account after meeting retirement visa requirements?
Sep 30, 2024
3 months ago
Sue **********
ORIGINAL POSTER
Advice needed please.

I am in Thailand on a Non-Res O visa 90 days & changing to a Non Res O retirement visa in November.

1. Plan on getting a bank account in Chiang Mai early next week.

2. Initially I will put in 65000 month until 15 days before expiry of current visa then top it up to 800000 baht.

Objective; Eventually I want to just do the monthly deposit & not leave 800000 in a low interest situation.

Question 1. if I make the bank balance up to 800000 baht before November AND continue paying 65000 month, am I able to draw out the full 800000 at some point to return it to home country?

Question 2. Can I use the money in this account to live on?

Thanks
Non-Immigrant O VisaRetirement VisaBank Account RequirementsThai Banking RegulationsVisa ExtensionFinancial Proof for VisaWithdrawal Rules for Retirement Visa
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