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BANGKOK 21 May 2019 22:02
icare999

new retirment visa rules

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just renewed by retirement visa no problems 

 

was not told of any new regulaitons and not told i had to go in 3 months as some say

 

Anyone else renew at CM told anything about new rules 

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800k in the bank, monthly income, combination?

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2 minutes ago, icare999 said:

800000 in bank as ive done for many years 

I guess they assumed you knew the new rules.

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8 minutes ago, Thailand said:

I guess they assumed you knew the new rules.

maybe and i dont mind keeping 800k in bank all year but im a little ocncerned they not only did not mention new rules but did not say i had to go in in 6 months they stamped my extension for 1 year 

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1 minute ago, icare999 said:

maybe and i dont mind keeping 800k in bank all year but im a little ocncerned they not only did not mention new rules but did not say i had to go in in 6 months they stamped my extension for 1 year 

Nothing in the new rules about going in after 6 months is there?

 

Anyway, no worries for another year. 😎

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2 hours ago, icare999 said:

maybe and i dont mind keeping 800k in bank all year but im a little ocncerned they not only did not mention new rules but did not say i had to go in in 6 months they stamped my extension for 1 year 

You don't have to keep 800K in the bank all year. Three months before, three months after for extensions, yes. A minimum balance of 400K for the other 6 months.

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The problem with the B65/month is in my case one of my pensions, I have 2, is paid on a 28 day cycle.

Therefore it advances 2 or 3 days a month.

This means that altho I would get the correct amount over a 2 month cycle, one month I could have 3 payments and only 1 on the other month.

Immigration is not helping folk and is sticking strictly to letter of the law.

 

john

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On 4/17/2019 at 3:43 PM, icare999 said:

800000 in bank as ive done for many years 

Did they say must keep 800 k for further 3 months?

 

Is  it now 2 months or 3 months before application date?

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Posted (edited)

The OP has been using the 800k balance for years... My guess is he also showed them a bank book/statement that had the 800k balance for the entire previous year (or more) so he doesn’t fit the profile of one using an agent where the 800k magically appeared in his account 3 months before and disappears right after an extension was granted so he was not subjected to the extra balance check...

 

But it I would say they were remiss in not warning him that there is new balance requirements for the year (400k minimum & seasonings)

Edited by sfokevin

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I use CIMB...opened my first account at airport plazza.  I buy fixed deposits, but I have them mature outside of three months before and after.  You can use a 5 month promo, then split between one year and two year..400 and 400...basically, a ladder.

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Plain and simple answer please. Can I 

1 hour ago, Mahseer said:

Where to get the best interest rate? I will deposit the 800k year round and Bangkok Bank offer 1.6% but I see CIMB offer 2.3%. Anything better to be had in town?

In the 'Teachers Credit Union' in Buriram you get 6% in 12 month fixed term account if it's in, let's say, your wifes name. Whereas they'll give me 4% in a fixed term but with limited access. I put my monies/saving in there and take it out 3 months before my extension is due and put it in my Bangkok Bank account. Immigration do not accept that 'Credit Unions' are banks.

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IO in wifes family says new rules have not yet been applied in Chiang Mai...but it's coming !

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