Retirement Visa

HI my name is gary im wondering if anyone has had problems with money going back in your account after doing retirement visa
HI my name is gary im wondering if anyone has had problems with money going back in your account after doing retirement visa
- @garyosmond8

What do you mean by "money going back in your account after doing retirement visa"?  Are you talking about repatriating money?
@garyosmond8

When you ask clarifications ask in such a way that everyone understands what you want to k ow. Not use slang.
@garyosmond8

When you ask clarifications ask in such a way that everyone understands what you want to k ow. Not use slang.
- @stravel2014

Who are you answering? Who used slang?

@garyosmond8 when making application for Retirement visa stay permit, the required amount MUST stay in your account (2 month before and 3 month after) and should never leave your account. So what you asking sounds very unusual.

@garyosmond8 when making application for Retirement visa stay permit, the required amount MUST stay in your account (2 month before and 3 month after) and should never leave your account. So what you asking sounds very unusual.

- @Maxi Mari

I think @garyosmond8 doesn't know what he's asking about. He doesn't even answer,so I guess he isn't very serious.

..or hoping he didn't find someone that cheat him...
..or hoping he didn't find someone that cheat him...
- @Maxi Mari

Cheat him about what? He's asking a strange question about money and a retirement visa. Who's going to be able to help him if he can't ask a correct question in proper English?

@Leeds forever! Hi I fiñnished my retirement visa and am wondering why my money doesn't show up in my account and I did it all through immigration

@Leeds forever! Hi I fiñnished my retirement visa and am wondering why my money doesn't show up in my account and I did it all through immigration

- @garyosmond8

Are you talking about the 800k in a Thai bank account when using the "money in the bank method" when extending the stay? Immigration has nothing to do with your bank account.

@Leeds forever! Yes

@Leeds forever! Yes

- @garyosmond8

So what do you mean when you're saying your money doesn't show up in your bank account?  You were just showing immigration your money using the bank-letter from your bank and copies from your bank book or a 12 months bank statement. The money hasn't been withdrawn and the 800k must stay in your account 90 days after the day you applied for the extension. Just check your account online if you're using mobile banking.

Ok thanks

@Leeds forever! Slightly off-topic, but I'm intending to go to Thailand in September on a non-immigrant 'O' visa based on marriage and apply for an extension of stay when I arrive. I'll have to open a Thai bank account and deposit 400K into it almost immediately to ensure the money is in the account for the requisite 60 days before I apply for the extension, and because initially I expect to be travelling around the country, I'll probably open the account somewhere central like Bangkok.

Do I need to go to the branch where the account is held in order to get the bank letter you mention, or will any branch do? And what exactly does this letter say that wouldn't be evident from a copy of the bank book?

@Leeds forever! Slightly off-topic, but I'm intending to go to Thailand in September on a non-immigrant 'O' visa based on marriage and apply for an extension of stay when I arrive. I'll have to open a Thai bank account and deposit 400K into it almost immediately to ensure the money is in the account for the requisite 60 days before I apply for the extension, and because initially I expect to be travelling around the country, I'll probably open the account somewhere central like Bangkok.

Do I need to go to the branch where the account is held in order to get the bank letter you mention, or will any branch do? And what exactly does this letter say that wouldn't be evident from a copy of the bank book?

- @Retiree

The bank letter is the proof that it's your account and it shows the balance. The cost is 100 baht. The bank book must be updated on a regular basis and must show every transaction the last 12 months and show the same balance. When you get the bank letter you also update the bank book. If the bank book doesn't show every transaction, you need to ask for a 12 months bank statement. You're supposed to do this at your branch. I actually don't have a clue if any branch will do, and I have lived here for many years. I haven't been curious enough to ask.

@Leeds forever! Thanks

You can do this at any branch of that bank. I opened my account in Loei but I go to the branch in Chang Khon to get the letter. The wait times at my local branch are ridiculously long.

@rzugnoni Thank you. That's very useful to know.

You can do this at any branch of that bank. I opened my account in Loei but I go to the branch in Chang Khon to get the letter. The wait times at my local branch are ridiculously long.
- @rzugnoni

Don't you mean Chiang Khan north of  Loei city?  And it's actually up to every branch what kind of services they offer to customers from other provinces/regions.
C'est une vraie arnaque pour renouveler mon visa OA.
J'ai en banque thai les 800 000 thb requis, pad de problème.
Par contre, pour l'assurance santé,  je suis couvert par la CFE,  qui couvre 80% des frais en cas d'hospitalisation en Thaïlande. Mais pour avoir un certificat d'assurance valide pour l'administration immigration thaï, l'Île doit payer une assurance de plus de 200€ pour justifier de mon assurance, alors qu'elle ne couvre rien, juste un bout de papier..
Toutes les complémentaires Thai m'ont rejeté,  cause souci cardiaque il y a 3 ans.
Dois-je omettre cet état de fait ?
C'est une vraie arnaque pour renouveler mon visa OA.
J'ai en banque thai les 800 000 thb requis, pad de problème.
Par contre, pour l'assurance santé,  je suis couvert par la CFE,  qui couvre 80% des frais en cas d'hospitalisation en Thaïlande. Mais pour avoir un certificat d'assurance valide pour l'administration immigration thaï, l'Île doit payer une assurance de plus de 200€ pour justifier de mon assurance, alors qu'elle ne couvre rien, juste un bout de papier..
Toutes les complémentaires Thai m'ont rejeté,  cause souci cardiaque il y a 3 ans.
Dois-je omettre cet état de fait ?
- @jacquesestermann1


Best to post French language comments, here
HI i am Richard i am planning to settle in Thailand after two moths because i am retiring from my services i want to spend my rest of life near beaches is there anyone who can help me out in Retirememt  visa is it applicable in Thailand ?
HI i am Richard i am planning to settle in Thailand after two moths because i am retiring from my services i want to spend my rest of life near beaches is there anyone who can help me out in Retirememt  visa is it applicable in Thailand ?
- @richardnathan654

You're planning to retire in Thailand, but you don't even know if a retirement visa exists? Just check out earlier posts about existing retirement visas. There have been loads of explanations about the topic.


I can help 
[link moderated]

@Leeds forever! SORRY i am not from Thailand i am from U.K

Hello Renaud,

For your own security, kindly share your email address in private.

On another note, how exactly can you help with retirement visa....

Kindly share more details so that other members who find themselves in a similar situation know what to do.

Cheers,

Yoginee
Expat.com team

@Leeds forever! SORRY i am not from Thailand i am from U.K

- @richardnathan654

So, you're saying you can't read because you're from the UK?  You can see every topic under Thailand Forum. There are at least 3 quite new threads about retirement visas and requirements. The whole idea about this website is to check for threads with correct info and just go through them. You can also use Google and just type for example 'retirement visa in Thailand' or check the Thai embassy in London for requirements.
@Leeds forever! FYI on your comment about not knowing of you can go to other branches for immigration documentation services, I am with the Bangkok Bank and I was able to go to a different branch (both in CHiang Mai) and get the letter, the bank account printouts and an updated bankbook at a branch that was not where I opened the account.

-Cheers
@richardnathan654 hi richard, I'm a local lawyer in Thailand and I have plenty of clients with retirement visas. I've set up many of their visas, many of them have had their visas when they had come to me. It's not difficult, and it's probably the best visa to have in Thailand in terms of bureaucratic horseshit.

Basically, you have to keep 800, 000 Thai baht in a bank account each year right before you re-apply, although it's better just to keep it in a Thai account.

You don't have to let it sit in a savings account. It can be in a Thai investment account.

I've been a lawyer here for 20 years. Contact me if you have any questions. My phone number is **** or email me at ***.com.
Moderated by Yoginee 5 months ago
Reason : Kindly refrain from sharing numbers and email addresses on our platform. Thanks.
We invite you to read the forum code of conduct
@richardnathan654 hi richard, I'm a local lawyer in Thailand and I have plenty of clients with retirement visas. I've set up many of their visas, many of them have had their visas when they had come to me. It's not difficult, and it's probably the best visa to have in Thailand in terms of bureaucratic horseshit.

Basically, you have to keep 800, 000 Thai baht in a bank account each year right before you re-apply, although it's better just to keep it in a Thai account.

You don't have to let it sit in a savings account. It can be in a Thai investment account.

I've been a lawyer here for 20 years. Contact me if you have any questions. My phone number is **** or email me at ***.com.
- @JacktheLawyer

"Basically, you have to keep 800, 000 Thai baht in a bank account each year right before you re-apply, although it's better just to keep it in a Thai account."
Basically?? You must have the 800k in a Thai bank account 2 months prior to the day you apply for the 1 year extension. That's not negotiable at immigration. Then the 800k must stay in the account 90 days after the application. Then the balance can't go below 400k for another 7 months until it has to be topped up to 800k again for next 1 year extension.
If  you're supposed to be a lawyer, try to be correct.

@Leeds forever!

Be very diligent with that 2 month rule. I messed up and allowed my account to go below the 800000 baht minimum a week shy of 2 months. I ended up having to wait an extra week which caused me to be late with my 90 day reporting requirement. I ended up having to pay a fine for that.
@Leeds forever!

Be very diligent with that 2 month rule. I messed up and allowed my account to go below the 800000 baht minimum a week shy of 2 months. I ended up having to wait an extra week which caused me to be late with my 90 day reporting requirement. I ended up having to pay a fine for that.
- @rzugnoni

You're correct, but you don't have to inform me. I've been living here many years. But there are people here reading posts that don't seem to understand the rules. What did your 90 days report have to do with your extension?  Those two are not connected. You have a 21 days window for the 90 days report,and that's a lot.

@Leeds forever!

Be very diligent with that 2 month rule. I messed up and allowed my account to go below the 800000 baht minimum a week shy of 2 months. I ended up having to wait an extra week which caused me to be late with my 90 day reporting requirement. I ended up having to pay a fine for that.
- @rzugnoni

You're correct, but you don't have to inform me. I've been living here many years. But there are people here reading posts that don't seem to understand the rules. What did your 90 days report have to do with your extension?  Those two are not connected. You have a 21 days window for the 90 days report, and that's a lot.

- @Leeds forever!

Are you saying with a 21 day window that you can report 21 days prior to the 90 day date with
no penalty?
hi all.
My year retirement OA visa. is due in November 2022.
i am hearing that from October 1st. you will need bhts 3.5 million.
I have health insurance, but this new increase is ridiculous and unfair.
I am thinking of going for a O visa.
why are they doing to the expats with OA retirement visas.
hi all.
My year retirement OA visa. is due in November 2022.
i am hearing that from October 1st. you will need bhts 3.5 million.
I have health insurance, but this new increase is ridiculous and unfair.
I am thinking of going for a O visa.
why are they doing to the expats with OA retirement visas.
- @andyreuben2003

Starting September 1,the mandatory health insurance for the O/A Visa must cover $US100,000 or 3 million baht. The reason for the health insurance was initially because of no need to have any money in a Thai bank account when applying for the O/A Visa at an embassy or consulate. You also get a second year for free if leaving Thailand with a re-entry permit just before the O/A expires. That way you have a 2 years stay without the need of 800k in a Thai bank account. Thai immigration sees the 800k or actually 400k as some kind of self-insurance. It's a strange reasoning.
@Leeds forever!

Be very diligent with that 2 month rule. I messed up and allowed my account to go below the 800000 baht minimum a week shy of 2 months. I ended up having to wait an extra week which caused me to be late with my 90 day reporting requirement. I ended up having to pay a fine for that.
- @rzugnoni

You're correct, but you don't have to inform me. I've been living here many years. But there are people here reading posts that don't seem to understand the rules. What did your 90 days report have to do with your extension?  Those two are not connected. You have a 21 days window for the 90 days report, and that's a lot.

- @Leeds forever!

Are you saying with a 21 day window that you can report 21 days prior to the 90 day date with
no penalty?
- @scbrock

No, you can report 15 days early and 7 days after the due date counting from the due date. So,it's actually a 22 days window.
I know that this is probably a dumb question but is that 15 work days or 15 straight calendar days?
calendar days
Thank you. I appreciate the response.

I just got my one year "retirement" extension yesterday.  While in the process I decided to rent a place in Bangkok.  I did the entire process in Chiang Mai, so now I need to do a change of address process, which i am pretty clear about, and then 90 day reporting.  My question is, where can I go to do these things in bkk?  I see there's an office at the port in Khlong Toei, can I use this office for both changing address process and 90 day reporting?

Cheers,

FDG