I have a one year extension granted for investment purposes (3 million baht in a fixed account). I need to withdraw this money. I have booked a ticket out of thailand on 5 September. If I withdraw the cash on 29 August (one week before a leave) will I have problems.

No problem on exit from Thailand, as long as your departure date is not later than the expiration of your current extension of stay.

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Maestro

^^^^^Hang on, hang on.

I am currently on a Non Imm 'O' (marriage) visa, am not working, so cannot show B40,000per month income to qualify for a yearly extension. I do have a multiple entry O visa (and so must do 3 month border runs), and have over B3mill in a Thai bank.

DO I QUALIFY FOR A NON IMM 'IB' VISA WHICH CAN BE EXTENDED (IE NO MORE BORDER RUNS) ON A YEARLY BASIS IF I KEEP OVER B3m IN A THAI BANK??

Or is it not as easy as that?

Thanx

Big A

I believe the 3 million investment visa has been withdrawn,

and is only available to those already in the system.

3m invested in a condo or govt bonds / bank etc. has been withdrawn but they "sayY" they will grandfather people already in the system. For how long and whether they really do so remains to be seen.

I do know that if at all possible, I would leave the 3m alone as once withdrawn I suspect you lose that visa.

It does beg the question though about investment in one bank or in one condo. What if you move banks or sell the condo ? how long do you have to reinvest to maintain your investment visa ?

3m invested in a condo or govt bonds / bank etc. has been withdrawn but they "sayY" they will grandfather people already in the system. For how long and whether they really do so remains to be seen.

I do know that if at all possible, I would leave the 3m alone as once withdrawn I suspect you lose that visa.

It does beg the question though about investment in one bank or in one condo. What if you move banks or sell the condo ? how long do you have to reinvest to maintain your investment visa ?

I do believe that if you withdraw your 3M Baht investment from Thailand, you must leave the kingdom within 7 days as your extension of stay will be automatically canceled (remember, Immigration office asked you to sign a document that if you remove your investment, you should inform them immediatly).

I hope (but not sure) that if you sell your condo and maintain your investment in Thailand (immediatly transfer the money to a Thai gov Bank, OMSIN, etc) you will keep your visa...

Approval would have to be obtained prior to any transfer to keep the extension provisions alive. But OP seems to need to remove the money rather than making a change.