Jump to content

Recommended Posts

Posted

 

Future Uncertain for Retiree Bank Accounts in Thailand

Opening a Thai bank account is becoming more difficult for expats due to new government regulations aimed at preventing scams and cryptocurrency-related fraud. Starting April 2025, biometric authentication and device-linked accounts will be mandatory, potentially aiding short-term tourists with valid financial reasons but complicating matters for retirees. Alternative options exist, including embassy income verification, Elite and Long-Term Residence visas, and the Destination Thailand Visa, which allows proof of funds through multiple channels. Some expats may also register with the Thai Revenue Department to obtain tax receipts as banking documentation. While the current retiree visa system remains unchanged, increased scrutiny suggests future restrictions may emerge. 

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...