Elite visa packages is available for 5 years & above. Complete a couple of forms, email it to them, it typically gets approved in less than 8 weeks. Get visa affixed at airport or at chaengwattana immigration in BKK. Fairly straight forward. But have to pay THB 650K for the bronze 5 yr package.
you will be in for a surprise at Kbank. My friend (foreigner on retirement visa) opened a bank account in UTH, daily transaction limit through the app is only THB 50k. No longer like 5 Mil daily transaction limit like 3 years ago when I first opened it.
the Kbank Central Plaza officer said everything limit is 50K, which is slightly different from what they tell you. 😅 Thanks for the checking out and letting me know, I will get my friend to go to another Kbank branch to ask again. 🙏
Amount less than THB 5,000,000 will not be flagged. For amount of THB 5,000,000 and above, Bank of Thailand will require you to provide documentation of proof of source of funds, letter explaining why you are remitting money into Thailand. Once they are satisfied, they will release the money to your account, else they will send the money back to your account.
I took my friend to the Udon thani immigration last week and this is what they said we need. My friend has the Retirement visa and wanted to open a Kasikorn bank account on top of the BBL that she already have.