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MLChiangMai

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  1. Hi. I am currently on a non-O for retirement, with a lump sum deposit in a Thai bank. From my current understanding, 3 months before I apply for a renewal later this year, I need to ensure I have 800,000 baht there, and meanwhile I keep 400,000 at all times. When I applied, for a number of reasons, I could not do the monthly income option but that is now possible for me. Is it possible to switch to this method, and what would it entail? (not for my current visa obviously, but for my renewal). I imagine I would need to be depositing 65,000 every month for 1 year prior to my renewal date in addition to keeping the 400,000 deposited to meet the current visa requirement. Or, it may not be allowed at all in which case I would leave Thailand for a few months, and then enter and start the process over. Thanks for any advice especially from anyone who has faced a similar situation ML
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