Extension of Stay for Retirement, funds requirement

[tv123]

Hello all,

 

Could someone please let me know if my 800,000 thb needs to be in a thai baht savings account or can the funds be held in a USD account equivalent.

 

Thanks

[Tanoshi]

As long as you have immediate access to funds, without the need to give notice, the account should be acceptable.

[ubonjoe]

Most immigration offices will accept the money being in a foreign currency deposit account.

[tv123]

Thank you Tanoshi and Ubonjoe, saves worrying about having to move funds back and forth at the seasoning time.

[Peterw42]

7 minutes ago, tv123 said:

Thank you Tanoshi and Ubonjoe, saves worrying about having to move funds back and forth at the seasoning time.

I think you may have misunderstood, the funds still need to be in Thailand in a Thai account but it can be in a foreign currency account, not an account in another country.

[tv123]

Thanks Peterw42, my accounts are in Thailand.