What are the consequences and or penalties, if the money has not been left in the account for 3 months after the issue of the retirement visa.

Any information is much appreciated

Cheers

 Suspect that your retirement extension will be revoked.

If you can replace the missing money in a short order of time -you may be able to do a deal with immigration. Possibly get away with just a fine.

They could cancel your extension for not meeting the requirement and conditions for your extension of stay.

7 minutes ago, Delight said:

Possibly get away with just a fine.

There is no fine for it in the immigration act.

1 hour ago, ubonjoe said:

There is no fine for it in the immigration act.

You are right. Then we also have to assume that all offices and IO´s are honourable and slaves under mentioned act.

2 minutes ago, Matzzon said:

You are right. Then we also have to assume that all offices and IO´s are honourable and slaves under mentioned act.

That goes without saying.

They are 100% honest and reliable.

Every single one of them. ????

3 minutes ago, fishtank said:

That goes without saying.

They are 100% honest and reliable.

Every single one of them. ????

I know! Only need to ask all agents for collecting that answer. ????

Re consequences >>> Would the cancellation of your extension of stay for not meeting the 3 month 800K requirement, also have consequences for subsequent Visa applications?

If not, a hop over the border and returning VisaExempt followed by an application for a 90-day Non Imm O Visa at your local IO and subsequent application for extension, would quickly normalize your status again.

Nobody knows what would happen in the short term but the guess is that the next renewal will not be granted. If you report or are required to report up to 90 days after extending and can’t show 800,000THB in the bank then it is expected that your extension will be cancelled.  There are various opinions but nobody is sure which one Immigration will adopt or even if they read these columns. 

3 hours ago, tgeezer said:

Nobody knows what would happen in the short term but the guess is that the next renewal will not be granted. If you report or are required to report up to 90 days after extending and can’t show 800,000THB in the bank then it is expected that your extension will be cancelled.  There are various opinions but nobody is sure which one Immigration will adopt or even if they read these columns. 

In case - as you claim - that the consequences of not being able to show 800K at the 90-day bank-check practiced by some IOs (like Jomtien) are unclear, but could be as severe as having your next extension refused, then it would make sense instead of reporting to simply exit Thailand without a re-entry permit. 

You can always claim that you did that by accident when queried about it by IO (yes officer, I simply forgot to buy a re-entry permit before crossing the border).

And then re-enter Thailand VisaExempt followed by an application for a 90-day Non Imm O Visa at your local IO and subsequent application for extension, as that would quickly normalize your status again.