Am I missing something here . Thailand requires me to deposit 800,000 baht into a Thai bank account to get my retirement visa. After 180 days they can then tax my 800,000.

Once a DTV is approved/granted the 500k that you had in a bank account can be moved back into an investment portfolio..correct??

Has anyone had success opening a Thai bank account recently with DTV?

Scrolling through the threads but can't seem to find any recent success stories.

I also read agents are no longer assisting DTV holders in opening accounts. Is the the case? If not, does anyone have any agent recommendations?

I'm happy to deposit 500k+ baht to open the account.

Any latest info about opening an bank account on DTV?

Tim Newton of Tim Newton Today upped intell three hours ago re the bank account drama.

TLDR: He strikes a more positive vibe and in essence it’s “hold tight” as the situation is developing. His sources indicate it might blow over in as little as a few weeks.

He does state that reports are correct that there’s no “goverment decree” ban but that tightened diligence is effectively banning new accounts.

Personally this will deeply affect me. My last several visits (VoA) I’ve been too busy to open an account. I now regret my procrastination. For me it’s about quality of life - easier and cheaper access to transferred funds, ability to use QR, easier online shopping through Thai websites (ever had your non-Thai card rejected?), easier and cheaper transfers to help my girlfriend’s sick buffalo, etc. I’m a very cashless person too.

I am currently holding ed visa and will be switching to dtv. I opened a bank account in Krungthai bank with the letter from current school. Will the bank account be still usable for long term even after switching to dtv?

Do i need to update the visa in bank? Will the bank possibly approve for it?

Hi everyone

I’m about to renew my retirement visa.

I have the required 800,000 in a Thai bank account.

I understand that I have to keep a minimum of 400,000 in that account and ensure that there’s 800,000 3 months before my visa renewal next year.

My question is :

How fast after obtaining the visa can I withdraw 400,000?

Thank you.

Is there a top limit for transfers to a Kasikorn account, I need to transfer £2000 approx' 80,000 + Baht to top up my account for my upcoming visit.

Hi. I need to open a bank account in Thailand to fund the build I will shortly commence.

What visa do I need to take to the bank to open a current account ?

I will visit over the next few years as a tourist later applying for a retirement visa when I give up work.

Thanks.

Hello everyone, I'm going to get the 1 year non-o extension based on marriage. I already got the 3 months non-o. I successfully opened a bank account in Kasikorn now and i'm going to transfer 400k now to keep there for 2 months.

Can i use the same bank account to pay for stuff here as long as i always keep the balance above 400k?

Can i also just keep using the same 400k to extend the visa every year?

I asked in the bank if i could earn some interest on the 400k and she said i would make 0.3THB a year with the 400k 🤣. Is there a better alternative?

I'm gonna apply for the extension in Bangkok