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If you propose to retire in Thailand, but don't yet hold a Thai bank account, it may be very a problem if you are find a bank that will allow which open a new account. However, if you are applying for the Retirement Visa while still in your personal home country, provided that you are otherwise eligible, the visa will be granted without holding a Thai life's savings. Once you develop the Retirement Visa you will have the ability to easily open business relationship at any bank in Thailand.

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