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One year housing lease agreement is required to open a bank account?

204 views 0 replies 1 participant last post by  gjaz  
#1 ·
Hello Everyone/Sawasdee Khap,

New guy here. Gary. I know that Thailand banking laws really tightened up this year. Looking for some serious help obtaining a 1-year retirement visa.

I have my 90-day non-immigrant “O” visa. I just read that a one year housing lease agreement is required to open a bank account? Why would I engage in a 1 year lease when I do not have a 1 year visa yet?
You have to have 800,000 THB in a Thai bank for two months before even applying for a one year retirement visa. How is that supposed to work? Any information or thoughts you have would be greatly appreciated!

Thanks,
Gary