CONFIRMED: Here is exactly what’s needed for retirement & marriage extensions (income method) from 2019

[DepDavid 154]

“ in the case of (6)”. Is mentioned a couple times.  What is it?

[ocddave 727]

5 minutes ago, sometimewoodworker said:

Please reread it it is there. And read police order 138/255 7 July 2014

You reading the same document above? Because the reason section isn't stating that, it only mentions the people eligible and the 1 yr extension. Then gives the documents required and the procedures, none of which includes the 400K/800K method. You're taking it as an amendment, and even then it reference 2.18 and 2.22, thus effectively replacing them under any normal way of handling this.

Edited January 7 by ocddave

[sometimewoodworker 1,036]

4 minutes ago, damascase said:

From the OP: 

‘The new requirements state that applicants must be able to show income transferred into a Thai bank account.’

This is misleading and not a requirement in the many cases where Embassies still issue the income declarations.

Read the translation, embassy letters are included.

[TallGuyJohninBKK 13,282]

7 minutes ago, offset said:

 The other worry is that most people under 60 years old do not have a pension to show for the monthly income 

 

In this context, you can read their use of the term "pension" to mean any source of income you have available to transfer from outside Thailand into a Thai bank account. They're not going to be trying to investigate what kind of sources of income you're sending here.... They just want to see the money coming in from outside the country.

 

[sometimewoodworker 1,036]

3 minutes ago, ocddave said:

You reading the same document above? Because the reason section isn't stating that, it only mentions the people eligible and the 1 yr extension. Then gives the documents required and the procedures, none of which includes the 400K/800K method. You're taking it as an amendment, and even then it reference 2.18 and 2.22, thus effectively replacing them under any normal way of handling this.

Read the police order referenced 

 

https://drive.google.com/file/d/0BwNib_gx9zYEYkFjMUNHV1pXdWs/view

Edited January 7 by sometimewoodworker

[keemapoot 4,080]

Actually, this new regulation clarification is easier and more convenient for most people who don't live in Bangkok. For those, and even those in Bangkok, there is no longer the need to make the trek to the embassy, pay the money for the affidavit, it can all be done at your Thai bank.

[ocddave 727]

Just now, sometimewoodworker said:

Read the police order referenced 

A letter/memo of ambiguity, nice.

[Pattaya46 1,994]

4 minutes ago, DepDavid said:

“ in the case of (6)”. Is mentioned a couple times.  What is it?

Very old expats (before 1998)

See full Police Order

[sometimewoodworker 1,036]

Just now, keemapoot said:

Actually, this new regulation clarification is easier and more convenient for most people who don't live in Bangkok. For those, and even those in Bangkok, there is no longer the need to make the trek to the embassy, pay the money for the affidavit, it can all be done at your Thai bank.

It certainly looks like that but only if you make monthly transfers from outside thailand 

[Kerryd 6,192]

7 minutes ago, DepDavid said:

“ in the case of (6)”. Is mentioned a couple times.  What is it?

It is the 6th sub-para which "grandfathers" people who had Extensions prior to October 1998.

(6) An alien who entered the Kingdom before October 21, 1998 and has been consecutively permitted to stay in the Kingdom for retirement shall be subject to the following criteria:
(a) Must be 60 years of age or over and have an annual fixed income with funds maintained in a bank account for the past three months of no less than Baht 200,000 or have a monthly income of no less than Baht 20,000.
(b) If less than 60 years of age but not less than 55 years of age, must have an annual fixed income with funds maintained in a bank account for the past three months of no less than Baht 500,000 or have a monthly income of no less than Baht 50,000. 

Edited January 7 by Kerryd

[BertM 91]

Great... now we know the income method rules. Sleep well... 

[Mango Bob 4,898]

Thank you ubonjoe it makes percent sense.  I understand it completely.

[ubonjoe 27,623]

Her are the 2 clauses of the police order that has not been changed.

[sqwakvfr 272]

The following is a hyphothetical scenario:  

 

In the not too distant future.

 

30 Days before Retirement Extension expires  A Visa Agent calls his/her client and asks “Do you want to do extension”?.  The Client replies “ I do not have the seasoned 800K Baht and I did not make the 12 International Wire Transfers”.

 

A) The Agent will reply “Sorry I can’t help you”

B) The Agent says “come to office and talk”

 

I believe their will be a way.  TIT

 

 

[DrJack54 618]

22 minutes ago, wgdanson said:

You do NOT have to show total monthly income from your rentals, shares or anything. All you need to show is 65k going into a Thai bank account from out of the country. Easy.

Not easy. I'm not going to sidetrack this thread, except to say I bing in aud cash in one or two hits every year. I'm aware of various ways to transfer money. The best is to bring in cash and exchange here. Only suited to those that have reason to visit home country.