Financial Requirements to show up
What are the Financial Requirements to show up for Retirement Visa ?
1. You must have ฿800,000 in a Thai bank account, and it must be there for at least two months before your visa application. For consecutive visas the money has to be in the bank 3 months before you apply for the visa, so keep your balance topped up. You need a letter from your bank verifying the balance and a copy of your bank book.
2. Instead of the ฿800,000, you can show an income of ฿65,000 per month without having to bring the funds to Thailand. You accomplish this by bringing details of your income over a 3 month period, e.g. bank statements etc., to your associated embassy and receiving a notarized letter that states your monthly income to present to Thai immigration.
3. You can put the money equivalent to 800,000 Thai baht in a foreign currency bank account, in your native currency. This is also acceptable as long as it has been in the bank for 2 months. There are many banks in Thailand which now offer foreign currency accounts including: Bangkok Bank, Siam Commercial Bank and Kasikorn Bank.
4. If you have an income of less than ฿65,000 per month you can use this in concert with money in a Thai bank that equate to ฿800,000 for the year. E.g. if your income is ฿50,000 baht per month, that is ฿600,000 for the year. You then must deposit ฿200,000 Thai baht in your Thai bank so that the two together make up the necessary ฿800,000 for the year. Please note: the money does not have to be in the bank for the required two months period. If working solely with a bank balance, it does not have to be proven that it came from overseas.
If you are working from income, such as a pension, you do not have to bring the money to
Thailand monthly – just prove the income.
** All problems about this show up financial , we can help . Call us : 091-8923-549.
