Bank Account for Retirement Visa

[tdcollins1]

I'm really sorry for opening a topic I'm sure gets covered often, but I'm really needing advice.  I lived and worked in Thailand for seven years and plan to retire there as soon as things open back up.  

I have the necessary 800,000 THB to open a Thai bank account but I've never figured out how to maintain a Thai account for two months before applying for the retirement visa.  Can I open an account while on a tourist visa and do some kind of visa run to renew it until I meet that requirement?

Sorry again if this gets asked a lot, but I've been puzzling over this for ages. Thanks for your help!

[ubonjoe]

If you plan on enter Thailand on tourist visa or visa exempt entry and will be applying for 90 day non-o visa entry at immigration the 800k baht only has to be in the bank on the day you apply for the visa.

Then when you apply for a one year extension of stay (it is not a visa) the 800k baht will need to be in the bank for 2 months.

At this time you could apply for a single entry non-o visa at most Thai embassies and official consulates. To apply you would need the 40k baht outpatient and 400k baht inpatient medical insurance valid for 90 days.

 

[Ginkas]

Not sure I understand you.

You say you have the necessary 800,000 baht to open  a Thai bank account but then say you don't know "how to maintain a Thai account for two months"(?).

What do you mean by this, you just leave the money in the account?! 

[tdcollins1]

8 minutes ago, ubonjoe said:

If you plan on enter Thailand on tourist visa or visa exempt entry and will be applying for 90 day non-o visa entry at immigration the 800k baht only has to be in the bank on the day you apply for the visa.

Then when you apply for a one year extension of stay (it is not a visa) the 800k baht will need to be in the bank for 2 months.

At this time you could apply for a single entry non-o visa at most Thai embassies and official consulates. To apply you would need the 40k baht outpatient and 400k baht inpatient medical insurance valid for 90 days.

 

Thank you.  I didn't realize it only had to be in an account the day I applied.  This is very helpful.

[Sheryl]

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