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Christopher Albert
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Greetings,
In Jan 2016 I applied and got a Thai retirement visa. I left in Nov of thet year, things have changed and I am now living in Mexico.
I am retired US Army and need to be closer to a VA hospital for treatments.
I put 20KUS in a Bangkok Bank account for the purposes of the visa. Now I want it back. I plan on flying to Bangkok to do so.
I would like to wire transfer all the money in my account to my US bank, and close my account.
Is this possible? What nasty surprises might I expect? How much will it cost to get my money out?
Any advice appreciated.
My 10th retirement visa renewal
in Thai Visas, Residency, and Work Permits
Posted
I think this is a sound analysis. The Chinese are #1 largest group of travelers in the world now, their numbers are legion and on the average far wealthier than anyone on a retirement visa. They dont come here to get married, or even invest in real estate like they do in Canada since Thailand is simply much less stable in comparison. There is a small percentage of business investment but nothing like the colonization of Laos or Vietnam. So short stay, big speed shopping trips = $ per visitor per day dwarfs what comes in from retirement visas which are not really that anayway since they dont lead to permanent residency. It might have seemed like a good idea when it started and did help build up the tourist industry but times have changed and the Chinese now rule that part of the world.