Retirement Visa

[Miami Bob]

I was recently told that the 800,000 Baht that is required to be deposited in a Thai bank to qualify for a retirement visa can then be used to buy Thai government bonds through the bank. The person telling me about this claims that the annual letter that the bank gives you for immigration stating that you have 800, 000 or more in the bank does not specify if the money is actually sitting in a savings account or not. He says that a 7 year government bonds pays 6.5% and pays dividends bi-annually. This sounds to good to be true. Does anyone know anything about this?

[The Gentleman Scamp]

No, but you're in the wrong forum for starters...

This will shortly get moved into the right one and you'll have a better chance of getting an answer.