Retirement Visa Bank Balance Requirements

[marshall stanley]

Friends in France have told me the Consulate there stated to them that the bank balance required for those who are over 60 yrs of age is Bt200,000 (Not 800.000). I think this is too good to be true so does anyone have info on this?

Marshall Stanley

[Lite Beer]

Not true. Those were the requirements a long time ago.

I can't give a link but basically anyone over 60 who has been getting continuous retirement extensions since 1998 needs 200,000 in the bank.

Posted with Thaivisa App http://apps.thaivisa.com

[mackes]

Here is a translation of the rules, you find it under 2.22 Edited April 10, 2012 by mackes

[lopburi3]

What is the asking them? Non immigrant O visa (single or multi entry)? Non immigrant O-A visa (single or multi entry)? Or Thai Immigration requirements for yearly extension of stay within Thailand?

As said O-A visa or Extension will require 800k/65k/combination to meet 800k per year under current regulations (since 1998).

[marshall stanley]

What is the asking them? Non immigrant O visa (single or multi entry)? Non immigrant O-A visa (single or multi entry)? Or Thai Immigration requirements for yearly extension of stay within Thailand?

As said O-A visa or Extension will require 800k/65k/combination to meet 800k per year under current regulations (since 1998).

What is the asking them? Non immigrant O visa (single or multi entry)? Non immigrant O-A visa (single or multi entry)? Or Thai Immigration requirements for yearly extension of stay within Thailand?

As said O-A visa or Extension will require 800k/65k/combination to meet 800k per year under current regulations (since 1998).

Well my France folks just said a Retirement Visa so not sure if that's O or O-A or what.

They want to leave France and retire in Thailand.

Thank you all for the good information

[Lite Beer]

For Extension of Stay applied for in Thailand.

2.22 In the case of a retiree:

Permission will be granted

for a period of not more

than 1 year at a time.

(1) The alien has obtained a temporary visa (NON-IM);

(2) The applicant is 50 years of age or over;

(3) Proof of income of not less than Baht 65,000 per month; or

(4) Account deposit with a bank in Thailand of not less than

800,000 Baht as shown in the bank account for the past 3 months

at the filing date of the application. For the first year, the applicant

should have that amount in his bank account for not less than 60

days or

(5) Annual income plus bank account deposit totaling not less

than Baht 800,000 as of the filing date of application

(6) For an alien who entered Thailand before October 21,

1998 and continuously allowed to stay in the Kingdom as a

retiree, the following shall apply:

a. He/she must be 60 years of age or over and has regular

income. His/her bank account deposit shall not be less than Baht

200,000 a year and evidence of the account deposit for the

previous 3 months must be shown; or he/she has a monthly

income of not less than Baht 20,000.

b. If he/she is under 60 years of age but not less than 55,

the alien shall have regular income with a bank account deposit

of not less than Baht 500,000 a year and evidence of the

account deposit for the previous 3 months must be shown, or

he/she has a monthly income of not less than 50,000 baht