Extension of stay for one year.

[micky]

I am at present on Extension of Stay base on 800,000 Baht in the bank.

This is my 4th year of Extension of Stay.

I have two questions to ask.

First question.

Assuming that in the near future, I will buy a condo costing more than six million baht.

Do I still need to put in the 800,000 Bt in the bank ?

Second question.

Will it help to get a Permanent Resident by investing on that condo ?

Your kind advice is much appreciated.

Thanking you all in advance.

[sunnyjim5]

1. Yes

2. No

[BritTim]

The condo purchase with make no difference to either the financial requirements for an extension, or the processing of an application for PR.

[elviajero]

1. Yes.

No.

[Eclipse]

1.Yep.

2. Nope.

[Pib]

1. Yes (hope the Bt6M you spend on the condo ain't all your money and you still have enough to meet your annual Bt800K extension requirement)

2. No