It sounds like these 3, 6, etc month interest accounts (similar to CDs) are not valid. Would like to know if someone has tried to use a Thai stock brokerage account.
Also, renewing for Americans is easy if you can get to a US embassy or get to one of their outreach visits. You fill out a form with your income and they notarize it.
These are the financial requirements: Applicant must be able to provide proof of a pension or other regular income from a source outside of Thailand;
Applicant’s pension or other regular income must be no less than the equivalent of 65,000 Baht per month;
Alternatively, the applicant may meet the financial requirement by maintaining a Thai bank account with a minimum amount of 800,000 Baht. (Applicants will need to show that they have 800,000 Baht in savings each year when they renew their visa.)
Any applicant married to a Thai citizen may be able to receive a visa on that basis rather than retirement.
Interesting article. The recurring point made by this work permit official seems to be that in most cases if a local Thai can do the job, a work permit is needed.
The US consulate that comes to Pattaya stopped accepting cash and they now require a bank draft. The check needs to say American embassy Bangkok and it needs to be an exact amount of Baht posted on the web site a few days before their visit that is equivalent to $50. My check said US embassy Bangkok so I had to go to the bank and get another Check.
I just remembered I knew an American that died last year and he also had a bank account in a Thailand. I think he did not like paying the $50 notary fee to the US embassy (haha). It can be a pain to get the income letter if you have to travel to Bangkok. Here in Pattaya, the US consulate makes frequent visits. I use the letter because I would rather invest the money or keep in an insured bank account. There are those (not Americans) that also don’t have a lot of money that appear to use visa services for a high fee that seem to be more like the local mafia since 800,000 Baht temporarily shows in their account and somehow it gets through someone in immigration.