Non Imm O - Retirement Permission To Stay - 800K Thai Bank Balance

[Carrbhoy]

Hi all - I have a query re the 800k requirement. I've successfully moved from a Tourist Visa to Non Imm O and end of next week I will have reached the 45 days on Non Imm O and will therefore progress the Retirment Permission To Stay activities to finalise my move to a longer term 'visa'.

 

I have already deposited 800k (FTT method via Wise) in my recently opened Bangkok bank Savings Account. I also opened a Fixed Account with Bangkok bank at the same time.

 

My question is - when can I move the 800k from the Savings Account to the Fixed Account. I was thinking I should wait until the Retirement Permission to Stay 12 months has been granted by Chiang Mai IO. I dont want to mess up the 800k requirements for this key step and of course renewal in 12 months time. Any advice would be appreciated.

 

I'm also transferring a min. 65k each month into the Savings Account so I can reduce the 800k next year.

 

Thanks in advance.

 

[DrJack54]

I would not transfer funds into FD account.

I agree with your idea of keep it simple till after extension granted.

BTW the funds need to be in the account for 2 months prior to application for extension.

Edited February 19, 2022 by DrJack54