jlwilliamsjr18 1,207 Posted January 6, 2019 Share Posted January 6, 2019 This too shall change. Note...there's an election coming and all to most ministers will be replaced. 1 Link to post Share on other sites
Popular Post Spidey 8,356 Posted January 6, 2019 Popular Post Share Posted January 6, 2019 9 minutes ago, NCC1701A said: many people don't have pensions so this will not be the case. I am sure the wording will change to something like "funds from outside Thailand" I admire your faith in TI. You're definitely a glass half full kinda guy. 1 3 Link to post Share on other sites
AsterixThai 44 Posted January 6, 2019 Share Posted January 6, 2019 Hello, For information, the Swiss embassy sends retirement certificates. Why are not the embassies of other countries doing the same thing? 1 1 Link to post Share on other sites
zydeco 11,275 Posted January 6, 2019 Share Posted January 6, 2019 So is the combination method gone? Or is there a subsequent order coming to explain any changes there? Link to post Share on other sites
Popular Post ubonjoe 48,696 Posted January 6, 2019 Popular Post Share Posted January 6, 2019 Some off topic posts and replies to them have been removed and now a comment on moderation. Off topic and nonsensical posts will be removed without notice from now on. 6 3 Link to post Share on other sites
don long 7 Posted January 6, 2019 Share Posted January 6, 2019 Anyone know how the combination will work my income monthly is 55,000 so if I maintain 200k in a bank account will I need a letter from the bank or who can be contacted to get a definitive ruling on Requirements? Is Transferwise transfers considered intl. transfers based on how they transfer funds if anyone knows?Sent from my iPad using Thailand Forum - Thaivisa mobile app Link to post Share on other sites
problemfarang 198 Posted January 6, 2019 Share Posted January 6, 2019 all i see is... Thai Imm trying to do things more harder than now as if its not hard enough. I have an American friend and gets his NON-O (thai wife) 1 year extension by a income letter from his embassy. His income is not real. He just tells the embassy and they give a letter, thats all. Now some might thing its ok, some might thing its not fair at all. I think IMM noticed this and decided to take an action, which is fair enough. What i dont understand is... why your income should be 40K? I mean when thai ppl get married their income not even 30K (most of them) so why the law changes when it comes to farang... Also why both husband and wife income not count?! One of my friends income is 31K + 8K = 39K he cant get an extension... for 1K. If i understood correctly the most important thing they changed is this certificate the income letter and make sure you really have that income. The rest seems all same. For the retirements still no problem because i have another friend from the UK, and as mentioned before his pension come to Krungthai every month and no problem. He can use it with his Krungthai card. Also Bangkok Bank is great about this. They are more pro. I believe their next action will be about NON-O 90 days visa run thing. As we all know they already stopped it in big borders. And i believe more is coming. So.. its really becoming more difficult and stressful getting NON-O and stay on it. Thanks for the great info though! This is why i love this website. 2 Link to post Share on other sites
tingtongtourist 1,517 Posted January 6, 2019 Share Posted January 6, 2019 24 minutes ago, NCC1701A said: OK so those affected by this change need to investigate a monthly transfer service like Transferwise. And or setting up repeating monthly transfers from their bank outside of Thailand where ever it may be. The exchange rate is something you will have to monitor month to month. my understanding: for first year, you can apply for visa in your own country, showing your own $/funds same as 800k in bank. then for 2nd year/extension: need to show 800k baht in Thai bank. i dont know if this is 100% correct tho? As for your theory about exchange rate, would it not be best to do monthly income and wait for a time of a high exchange rate? Then transfer 800k in one hit when have the good rate? I always wonder how people over 50y.o can be secure in retirement in Thailand if they cannot arrange to have 800k in a Thai bank but i guess, up to them! 1 Link to post Share on other sites
janclaes47 4,299 Posted January 6, 2019 Share Posted January 6, 2019 5 minutes ago, sumrit said: in the "MARRIAGE SECTION": Evidence of annual income that equates to no less than B40,000 per month of alien father, mother or spouse such as. in the "RETIREMENT SECTION": For retirement extensions of no more than 1 year evidence of average monthly income of B65,000 is required. First Anomaly: For people using the money in the bank option, just put 480/780k baht in the bank and call it 'average monthly income.........no need to season it any more. From the same "retirement section" For retirement extensions of no more than 1 year evidence of average monthly income of B65,000 is required. 1. Evidence of pension. Same as 2 above, And number 2 as above reads. 2. Evidence of a pension. Letter of certification from a Thai bank supported by bank statements showing a pension being transferred to the pensioner’s bank account every month for at least 12 months. Exceptions are allowed for those who have been retired for less than one year – example given. 1 Link to post Share on other sites
keithet 175 Posted January 6, 2019 Share Posted January 6, 2019 I got my us embassy letter dec 27. Have to go to immigration jan 8 for exstension. So I guess now I have to put 40k starting now for jan 2020's exstension. But I use my US bank to transfer to thai Kbank. But I just do that 3 times a year to save on transfer fees and to pick a better exchange rate. Link to post Share on other sites
overherebc 18,802 Posted January 6, 2019 Share Posted January 6, 2019 5 minutes ago, AsterixThai said: Hello, For information, the Swiss embassy sends retirement certificates. Why are not the embassies of other countries doing the same thing? Spend the Gin and Tonic budget ??????? Your jocking, right???? Well I am anyway. 1 1 Link to post Share on other sites
Popular Post JLCrab 9,146 Posted January 6, 2019 Popular Post Share Posted January 6, 2019 So looks like Thai IMM has issued new extension via monthly income regs which some said they would never do and now, based on the limited info available, ThaiVisa vox populi has already gone into "Well what about me?" mode. 4 3 Link to post Share on other sites
Popular Post 8OA8 341 Posted January 6, 2019 Popular Post Share Posted January 6, 2019 33 minutes ago, NCC1701A said: OK so those affected by this change need to investigate a monthly transfer service like Transferwise. And or setting up repeating monthly transfers from their bank outside of Thailand where ever it may be. The exchange rate is something you will have to monitor month to month. The problem with the Transferwise route is that the funds don't come from outside Thailand and they advis that before the transaction is done. I noticed on my bank statement last week where the source of inbound funds received via Transferwise as stated as coming from "DUMMY BRANCH" 4 2 Link to post Share on other sites
Popular Post smedly 35,200 Posted January 6, 2019 Popular Post Share Posted January 6, 2019 4 minutes ago, sumrit said: For people using the money in the bank option, just put 480/780k baht in the bank and call it 'average monthly income.........no need to season it any more. you forgot to include the words "monthly deposit" which IMO makes this whole thing a complete nonsense, I hate giving banks money in fees and this would force me to pay monthly fees to my home bank and it is not about the money it is about the fee no matter how big or small as of now I have never used the income method for 12 month extension but I would like to have had the option of a combo method it I wanted to use it at some future time My question is - why is one yearly deposit from outside Thailand not the same as 12 monthly deposits - in effect it is the same thing 3 Link to post Share on other sites
Suradit69 14,791 Posted January 6, 2019 Share Posted January 6, 2019 1 hour ago, Jonathan Fairfield said: For retirement extensions of no more than 1 year evidence of average monthly income of B65,000 is required It does use the word "average." One assumes that means the amount can vary from month to month or even be deposited less frequently than each month as long as it averages out to Baht 65,000 a month. Of course if some months the amount is less than Baht 65,000 that would mean you'd have to sit there while someone enters 12 monthly deposits and then divides by 12 and possibly does it a second time to confirm. Link to post Share on other sites
Recommended Posts