micky Posted March 13, 2016 Share Posted March 13, 2016 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. Link to comment Share on other sites More sharing options...
sunnyjim5 Posted March 13, 2016 Share Posted March 13, 2016 1. Yes 2. No 2 Link to comment Share on other sites More sharing options...
BritTim Posted March 13, 2016 Share Posted March 13, 2016 The condo purchase with make no difference to either the financial requirements for an extension, or the processing of an application for PR. Link to comment Share on other sites More sharing options...
elviajero Posted March 13, 2016 Share Posted March 13, 2016 Yes. No. Link to comment Share on other sites More sharing options...
Eclipse Posted March 13, 2016 Share Posted March 13, 2016 1.Yep. 2. Nope. Link to comment Share on other sites More sharing options...
Pib Posted March 14, 2016 Share Posted March 14, 2016 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 Link to comment Share on other sites More sharing options...
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