Jump to content
BANGKOK 22 May 2019 23:36
icare999

just renewed retirement no mention of new rules

Recommended Posts

12 minutes ago, icare999 said:

No mention at all of new rules

Did you do the bank balance method of 800k? If so what are your plans going forward?

Share this post


Link to post
Share on other sites
17 minutes ago, MJKT2014 said:

Did you do the bank balance method of 800k? If so what are your plans going forward?

800,000 in bank 

 

  • Thanks 1

Share this post


Link to post
Share on other sites
21 minutes ago, icare999 said:

800,000 in bank 

 

did you season for 2 months or 3, did they even suggest you keep the balance for 3 months after or mention the 400k baht balance for 12 months, very strange they didn't mention any of this or even give you an explanation sheet  

Share this post


Link to post
Share on other sites

Presumably you never touch it all year in the past, otherwise I'd be concerned about the new minimum balances rules you were not told about?

Share this post


Link to post
Share on other sites
4 hours ago, smedly said:

did you season for 2 months or 3, did they even suggest you keep the balance for 3 months after or mention the 400k baht balance for 12 months, very strange they didn't mention any of this or even give you an explanation sheet  

no they said nothing just gave me my normal 1 year extension 

Share this post


Link to post
Share on other sites
4 hours ago, MJKT2014 said:

Presumably you never touch it all year in the past, otherwise I'd be concerned about the new minimum balances rules you were not told about?

 

4 hours ago, MJKT2014 said:

Presumably you never touch it all year in the past, otherwise I'd be concerned about the new minimum balances rules you were not told about?

no i never do that for last 10+ years ive alwasy as soon as i got my extension take money and spend it and then 3 months before make sure i have 800k + and dont go below. IT is/was usually a bit of a problem getting 800k again so I had to sell some investment 

  • Thanks 1

Share this post


Link to post
Share on other sites

i was hoping to hear from others if they were told anything particularly in CM office 

 

Share this post


Link to post
Share on other sites

Play safe for now, have the cash in the bank for 3 months not two and keep it there for the next 3. Hopefully they will all find out what the rules are before long and tell us, I know it's a lot to expect!

  • Like 1

Share this post


Link to post
Share on other sites
57 minutes ago, SEtonal said:

Only Jomtien Immigration is requesting that people show up 90 days after receiving a retirement extension using 800k to show their bank book.   

 

Chiang Mai is the greediest Immigration Office in Thailand.  They didn't tell you about the new rules because they want you to violate the rules then they can refuse your extension next year and force you to go to an agent. 

 

I have kept up some of the stunts CM IO has pulled this year:

1. Refused to accept the combination method

2. Refused to accept a still valid income verification letter from the US Consulate

3. Refused to accept 40k a month and demanded 400k be seasoned for two months, when no seasoning is required, for the parent of a Thai to get a Non-Imm O visa.

well ive been here over 30 years most in CM never had a porblem yet but I dont have a cash problem luckily and make sure i keep to all rules but your right if i had not heard fo new rules id have as usual spent 800k baht in next week or so and gone next year thinking all is ok I did ask IO if I could go onto marriage visa she said id need to go to next desk to ask and added why you obviously have no problem with retirement visa. I did have a unusual large amount in bank letter having just sold some asset and not yet used money for another investment. I had 1.8 million but thats very unusual and she could see from my bank book I kept just above 800k for 3 months before and before that very low balance. 

Share this post


Link to post
Share on other sites
9 hours ago, icare999 said:

your right if i had not heard fo new rules id have as usual spent 800k baht in next week

Thanks for your helpful info. Back to my original question, since you didn't hear about the new rules from the IO this visit what are you doing going forward? Eating into your balance below 800k like last year? There must be many people in your situation who haven't been told by the IO - not everyone reads this forum which is how you found out? 

  • Like 1

Share this post


Link to post
Share on other sites

I also had an extension of stay at CM immigration in late March by the Baht 800,000 in bank option as usual.

HOWEVER they did give me a paper to sign as acknowledgment of the new requirements passed into law ( this was in Thai and English) . Note that it only referred to the new regulations , not the actual contents. 

 

 

  • Like 2

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...