Hi everyone, Just thought I would throw this one out there to counteract they ney sayers regarding the 800,000 baht needed to be retained in a Thai bank account for a retirement visa as everyone is under the assumption it's better to keep the money in an overseas account because you get bugger all interest in a Thai bank account, but here's another logic to contend with..... If you use an agent let's say the price would be is 18,000, and doing by yourself is 2,000 assuming you have the 800k in the bank, the difference is a saving of 16k which equals 2% + if you get 1% interest from your Thai account that's 3% ! But the important thing is that by doing it yourself you are fully compliant within the immigration regulations and not so using an agent as they remove deposited funds immediately they have a bank statement thus leaving you open and deemed to be an overstayer.

If you have limited funds then I guess you have limited options, as I've already said, just food for thought.

I am moving to Thailand early next year from Australia. With the current exchange rate I am a little hesitant to put 800,000 Baht in the bank to cover my retirement visa. If I was to do the 65k Baht income a month till the exchange rate improves can I then swap to the 800k option? Thank you