Retirement Visa

[hillsy61]

Can someone please confirm for me when applying for retirement visa does the 800000bht have to be in a savings account or can it be in a term deposit account.

thank you

[InterestedObserver]

The 800,000 baht in a Thai bank account is for a 1 year extension of stay based on retirement, not a retirement visa. There is no guarantee that a term deposit will be accepted by immigration. Ask the immigration branch where you will apply.

[Jingthing]

Also keep in mind enforcement policies such as this can change quickly. For example, new staff, new boss, etc. So a verbal yes today may not mean anything when you actually go in with the application.

[hillsy61]

thank you for your replys. i will go immergration Nong KHAI .

[Lite Beer]

Fixed accounts are usually accepted, but there will always be the rogue office that has different policies.

Best to ask them.

[CharlieH]

As the funds are supposed to be "for living expenses within the year" they are generally required to be readily and easily accessible. ie: not locked.

But as said it can and often does vary from office to office.

[lopburi3]

A fixed deposit account is not locked - you only lose interest if you must use funds. They are normally allowed as it is not a requirement for use but as proof you can support your stay if needed.

[hillsy61]

Once again thank you to everyone for your reply's. Greatfully appreciated