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There’s been a lot of talk lately about new Thailand immigration requirements for verification of income. I made videos about this topic already. But one of the options is to deposit 800,000 Thai baht into a Thailand bank and then it’s a done deal. You’d be able to use the money in the account every year to get your one-year extension within Thailand of the purpose of retirement.
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There are people that worry about the Thailand banks. There’s no need to worry this is first world technology at its best. Accounts are also insured. To me the 800,000 Thai baht is an investment. To me the requirement pays for itself on the returns I get.
Check out the International Expat Moving Guide HERE
You might be confused at this point and I don’t blame you. First off you can take the money out anytime you want if you have the documentation showing that came from abroad into Thailand. And now that that is one of the requirements for income as a fulfillment for the financial requirements it makes repatriating the money even easier.
So the 800,000 Thai baht allows you to live in Thailand for one year periods. And now you’re probably wondering what are the returns on this investment? Personally the returns on my investment of the money parked in a Thailand bank are much more than the returns I get on the money parked in a bank in the USA. If you want to know how just watch the video. It’ll all make sense then.
Edited by Panda Sathaisong 🐼
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