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Tanoshi

Marriage/Retirement - Interpretations explained.

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7 minutes ago, brokenbone said:

i transfer myself,

Bank to bank?

 

7 minutes ago, brokenbone said:

but not monthly, i transfer 100k as needed

Must be monthly of 40K marriage, 65K retirement.

 

Sporadic deposits are not acceptable. 

 

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2 minutes ago, Kenny202 said:

Why on earth would it be too much and moreso why would u ask a question like that? Wind up?

 

The only greif you will get is the IO grumbling about doing all the extra paper work when you qualify for retirement. And why would you?

no, i have come across this many times,

its that immigration wants to push you from marry visa to retirement visa, so if you got 800k+, -you get to deal with retirement visa desk, but if you got less, they cant diverse

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Great info.

So a renewal of extension of stay from say August of 2019 will be checked for compliance upon renewal in August of 2020?

 

A thought, depositing 800K 3 months prior to the August 2019 renewal and the same month starting 65K+ for the following 12/13 months would meet income requirements in 2020 and allow immediate expenditure of the 800K?

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6 minutes ago, Tanoshi said:

Bank to bank?

 

Must be monthly of 40K marriage, 65K retirement.

 

Sporadic deposits are not acceptable. 

 

yes, bank account to bank account.

so that mean combo method with embassy letter dont work any more, since i need to use the transfer every month, and use that as proof instead,

which cost money every time i transfer no matter of amount.

and who knows if transferring myself is accepted with my typical luck

Edited by brokenbone

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16 minutes ago, Andrew Dwyer said:

Great job Mr T. !!

Mr T  :shock1:

Mr T.png

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7 minutes ago, brokenbone said:

no, i have come across this many times,

its that immigration wants to push you from marry visa to retirement visa, so if you got 800k+, -you get to deal with retirement visa desk, but if you got less, they cant diverse

I get them trying to push me too (I'm on a child dependant visa) but they can't push you to a retirement visa against your will. They can try. If you were that worried about it split your funds up and only have 400k in the account you show them. If you have that sort of money sitting over here in all honesty I don't know why you would want do marry over retirement. Retirement so much easier. Only reason I do it is I have my money tied up back home at a good rate and doesn't make sense to me to have 800k sitting around doing nothing over here, even more so now

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8 minutes ago, Tanoshi said:

If you had 300K deposited in a Thai bank, then you'd need to prove a minimum income of 42k per month throughout the year.

You couldn't withdraw any of the 300K.

 

You should be wary of exchange fluctuations throughout the months as well, if working near to the bone.

What I meant was that the 800,000 would be a combo made up of 3 different methods ( slight variation on the first combo method you shared)

300,000 bank + say 250,000 in an embassy income letter + monthly deposits of 21,000 ( 300,000+ 250,000= 550,000 + 252,000 (12x21,000)

It is very similar to the first combo example.

Is it a possibility?

Problem is having to plan 12 months ahead, if not done properly causes a f... up

Thanks

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2 minutes ago, Thailand said:

Great info.

So a renewal of extension of stay from say August of 2019 will be checked for compliance upon renewal in August of 2020?

 

A thought, depositing 800K 3 months prior to the August 2019 renewal and the same month starting 65K+ for the following 12/13 months would meet income requirements in 2020 and allow immediate expenditure of the 800K?

Looks like that but would that be understood that way. If no previous record of 65,000 a month exists the extension first issued would have to comply with the 3 months after rule while it runs it's course.

So I see it as the money in the bank and times is clear so a second bank book showing the 65,000 a month coming in would be ok for renewal 'next year' but you are still stuck with the rules during the first year.

Interpretation at any/all offices will be the basis for that decision.

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10 minutes ago, brokenbone said:

yes, bank account to bank account.

so that mean combo method with embassy letter dont work any more, since i need to use the transfer every month, and use that as proof instead,

which cost money every time i transfer no matter of amount.

and who knows if transferring myself is accepted with my typical luck

May I ask your nationality?

 

Are you married or single?

Edited by Tanoshi

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3 minutes ago, Tanoshi said:

May I ask your nationality?

 

Are you married or single?

i'm single, western nation

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2 hours ago, brommers said:

I have no problem with meeting the requirements but would love to know why they freeze 400k in your account. It achieves nothing for Immigration purposes and could be inconvenient for some. Has anyone heard any cogent reason for this?

If it is an indirect way to increase the deposit (to an effective 1200,000 ?) as Sheryl pointed out in another thread it would be a clever move. Someone else mentioned that 400000 is the mandatory health insurance coverage for the O-X visa. Maybe far fetched..

Another thought I've had was that they want people to move to the income alternative. They could could be thinking about income tax... But then I'd see all the people with higher income moving to Malaysia.

Edited by KiChakayan

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I transfer money to my thai bank account every 4 weeks, thats 13 transfers a year and it averages out well over the amount required. Going by the new laws this is still ok as it totals more than the requirement a year or are you saying that it will not be accepted. Doesnt really matter as I will now deposit the required amount but interested if they are now saying it cant be done, I have used this method of transfers for years

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24 minutes ago, Tanoshi said:

Sporadic deposits are not acceptable.

ridiculous.......to be expected  though

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7 minutes ago, brokenbone said:

i'm single, western nation

OK thanks, so your from one the nationalities who can still obtain a letter of income from their Embassy?

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