I'll soon be coming to the point of switching to a Non-o retirement visa for the first time and have some questions on the financial requirements.
I'm not sure as to what's accepted and what isn't.
Firstly, depositing 800,000 baht into a Thai bank account, untouched for 5 months is doable, but would require me to take out a small loan.
I have rental income from 2 properties back home that yields €4000 (approx. 150,000 baht) per month into my home back account.
In 2022 I have deposited over 800,000 baht into my Thai bank account (65,000 baht + every month from May to December, a little less for the first 4 months of 2022)
I believe the 65,000 monthly option requires 12 months of unbroken 65,000 baht + deposits into a Thai bank account. Is this correct?
How does the 800,000 baht security/65000 baht monthly combination method work? Would say, a 400,000 security deposit and reduced monthly be acceptable?
As it's my first time, I'll be applying through an agent here in Pattaya.
Many thanks.