Can you provide the link to the rule that says the money must be spent in Thailand? I've been on retirement visa for years and have never been told or questioned on this.

@Todd ********

The whackos are predicting another Great Reset in five years. I'm hoping they might just bring it forward a couple of years! 🤣

@Lisandro ******

Covid was the best thing that ever happened! Two years travelling around Thailand with filthy cheap airfares, car hire, hotels and restaurants. And all the time this went on, my property investments in Australia doubled in value, and my superannuation fund increased by 36% over the two years. The greatest reset ever! Looking forward to the next one! Bring it on

@Bill ********

Use the 40k per month transfer method. It doesn't tie up your money, and effectively gives you 40k per month to spend, as there's no requirement to leave the money in the bank

@Don ********

All banks charge about 15 baht for withdrawals outside your home province

About the best rate you'll get is about 0.5%.

@Ron *****************

A combination yes, but the topic here is does an applicant need 800,000 in a bank account PLUS 65,000 per month. The answer to this is no.

@Michael ******

Yes it says ANY of the following, which means take your pick! 😆

@Michael ******

Wrong

If your Embassy is willing to give you an affidavit which confirms a minimum of baht per month pension, you don't need the 800,000 baht in the bank account. You most certainly DO NOT NEED BOTH, it's one or the other