After using the 800k agency method

[scubascuba3]

I'm planning to get my first 800k retirement extension later this year, i was in an agents today booking a border run, they went through "their way" of doing it. I asked how about the year after if i then move to legit 800k method, they said no problem.

 

But, I don't see how it can be no problem switching to legit 800k method because Immigration will probably look back and see whether there was 800k for the first 3 months?

 

Thoughts?

 

The reason i might delay transferring 800k is a poor exchange rate currently due to Brexit. Makes a difference of £2k+ depending on where the exchange rate goes

[Jingthing]

It's a great question and the agent has ZERO credibility even answering it. Of course they want you to get addicted to their system, and frankly, if you start, you will be. Sure you can show a bank account next year without the history by yourself. Go ahead and try and let us know if you do. Because the TRUTH of this matter is that nobody has done that yet. EVER. The post seasoning rules are very new. Logically, it wouldn't work. 

[scubascuba3]

I think its too risky and be trapped in the agency method so I'll stick to the legit 800k method

[ujayujay]

14 hours ago, Jingthing said:

It's a great question and the agent has ZERO credibility even answering it. Of course they want you to get addicted to their system, and frankly, if you start, you will be. Sure you can show a bank account next year without the history by yourself. Go ahead and try and let us know if you do. Because the TRUTH of this matter is that nobody has done that yet. EVER. The post seasoning rules are very new. Logically, it wouldn't work. 

......"....nobody has done that yet".....

???????????? lts common since the new law is in force, my friend.



[yodsak]

Can also go down,   -£2k.  

[scubascuba3]

or i could use an agent for 1+ years then start the process again the legit way, leave, apply for non imm O etc, it should work that way

[Graviton]

Open a FCD and transfer money and it stays in your home currency..

Transfer say equivalent of 1 million baht to allow for fluctuations...FCD account no problem for your extension.

[crazykopite]

Cannot believe that people use agents if caught your time in Thailand would come to an end is it really worth the risk 

[Graviton]

15 hours ago, Jingthing said:

It's a great question and the agent has ZERO credibility even answering it. Of course they want you to get addicted to their system, and frankly, if you start, you will be. Sure you can show a bank account next year without the history by yourself. Go ahead and try and let us know if you do. Because the TRUTH of this matter is that nobody has done that yet. EVER. The post seasoning rules are very new. Logically, it wouldn't work. 

Post seasoning is the point.

For new extension based on money you show bank statement for the 2 months...... and follow new rules

[Graviton]

4 minutes ago, crazykopite said:

Cannot believe that people use agents if caught your time in Thailand would come to an end is it really worth the risk 

Sure if that's all the choice they have?

[Tropposurfer]

3 minutes ago, Graviton said:

Sure if that's all the choice they have?

The point from Immigration is simple : If you can't comply with either of these two methods then no you can't stay ... other than to leave Thailand. Good guys in cheap charlies (bad) guys out. It's really simple. 

What country in their right minds (however infrequently in their right minds) wants to have foreign people living in their society that can't muster a reasonable self-funding to live there!!!!!!! 

[Fairynuff]

21 minutes ago, crazykopite said:

Cannot believe that people use agents if caught your time in Thailand would come to an end is it really worth the risk 

Does anyone know of anyone who’s been caught? If you have or know someone who has please tell us. Let’s have sensible replies only please!

Edited May 23, 2019 by Fairynuff

[Graviton]

4 minutes ago, Tropposurfer said:

The point from Immigration is simple : If you can't comply with either of these two methods then no you can't stay ... other than to leave Thailand. Good guys in cheap charlies (bad) guys out. It's really simple. 

What country in their right minds (however infrequently in their right minds) wants to have foreign people living in their society that can't muster a reasonable self-funding to live there!!!!!!! 

Ok bright spark average thai wage 10k, penny dropped yet?

[Graviton]

1 minute ago, Fairynuff said:

Does anyone know of anyone who’s been caught? If you have or know someone who has please tell us

Yes he writes me from gitmo, stop worrying lol

[scubascuba3]

Post seasoning is the point.
For new extension based on money you show bank statement for the 2 months...... and follow new rules

If using an agent, no need for seasoning or 90 day proof of 800k

[scubascuba3]

The point from Immigration is simple : If you can't comply with either of these two methods then no you can't stay ... other than to leave Thailand. Good guys in cheap charlies (bad) guys out. It's really simple. 
What country in their right minds (however infrequently in their right minds) wants to have foreign people living in their society that can't muster a reasonable self-funding to live there!!!!!!! 

Not true, agents are here to stay, they won the battle with BJ

[Graviton]

Just now, scubascuba3 said:

19 minutes ago, Graviton said:

Post seasoning is the point.
For new extension based on money you show bank statement for the 2 months...... and follow new rules

If using an agent, no need for seasoning or 90 day proof of 800k

Think that is quite obvious.

[scubascuba3]

Does anyone know of anyone who’s been caught? If you have or know someone who has please tell us. Let’s have sensible replies only please!

People still don't seem to get that its the same people who sign off the agent applications as the legit applications

[Graviton]

1 minute ago, scubascuba3 said:

11 minutes ago, Tropposurfer said:

The point from Immigration is simple : If you can't comply with either of these two methods then no you can't stay ... other than to leave Thailand. Good guys in cheap charlies (bad) guys out. It's really simple. 
What country in their right minds (however infrequently in their right minds) wants to have foreign people living in their society that can't muster a reasonable self-funding to live there!!!!!!! 

Not true, agents are here to stay, they won the battle with BJ

Maybe agents will be the only way

[scubascuba3]

Open a FCD and transfer money and it stays in your home currency..

Transfer say equivalent of 1 million baht to allow for fluctuations...FCD account no problem for your extension.

It's a good idea, but interest on deposits is low? 2+% on THB deposits

 

[stephenterry]

23 minutes ago, Graviton said:

Open a FCD and transfer money and it stays in your home currency..

Transfer say equivalent of 1 million baht to allow for fluctuations...FCD account no problem for your extension.

I haven't seen any report that FCD is accepted by Imm. The rules clearly state the currency is Baht, not the equivalent.  However, using the income method backed up by pension statement the currency is converted to baht, so there is an anomaly there.

[fulhamster]

27 minutes ago, crazykopite said:

Cannot believe that people use agents if caught your time in Thailand would come to an end is it really worth the risk 

There's several thousand that still take that risk.

 

 

[Graviton]

6 minutes ago, stephenterry said:

I haven't seen any report that FCD is accepted by Imm. The rules clearly state the currency is Baht, not the equivalent.  However, using the income method backed up by pension statement the currency is converted to baht, so there is an anomaly there.

You have answered your own question, plus I'm up for a third time using FCD Plus to add some more spice can use thb account+FCD

[Olmate]

34 minutes ago, crazykopite said:

Cannot believe that people use agents if caught your time in Thailand would come to an end is it really worth the risk 

Do you know of ONE?

[Nanaplaza666]

29 minutes ago, Tropposurfer said:

The point from Immigration is simple : If you can't comply with either of these two methods then no you can't stay ... other than to leave Thailand. Good guys in cheap charlies (bad) guys out. It's really simple. 

What country in their right minds (however infrequently in their right minds) wants to have foreign people living in their society that can't muster a reasonable self-funding to live there!!!!!!! 

Holland germany france and more at this moment !!!! Taking in economical refugees and still paying them free money every month and free housing and free healthcare so maybe you should rethink your answer the expats here still living on their own strength and maybe not able to get the 800k in bank but having enuogh money to live from every month and when they really dont anymore they will go back to their own country at the end 

[LukKrueng]

26 minutes ago, Graviton said:

Ok bright spark average thai wage 10k, penny dropped yet?

10k baht is more like the minimum wage, not the average. But I think the point in that other reply was that the whole idea of long stay permits is for the foreigners to add to the Thai economy by bringing into the country MORE than the minimum or average wage.........

 

[Graviton]

2 minutes ago, Nanaplaza666 said:

Holland germany france and more at this moment !!!! Taking in economical refugees and still paying them free money every month and free housing and free healthcare so maybe you should rethink your answer the expats here still living on their own strength and maybe not able to get the 800k in bank but having enuogh money to live from every month and when they really dont anymore they will go back to their own country at the end 

Well said, I will second that plus single guys need 6½ times the normal thai salary why???????

[Vacuum]

49 minutes ago, Graviton said:

Open a FCD and transfer money and it stays in your home currency..

Transfer say equivalent of 1 million baht to allow for fluctuations...FCD account no problem for your extension.

Wouldn't such a transfer give you the same exchange rate as a 'normal' transfer?

[Graviton]

Just now, Vacuum said:

Wouldn't such a transfer give you the same exchange rate as a 'normal' transfer?

THE POINT OF AN FCD IS YOU KEEP THE MONEY IN YOUR CURRENCY IN A BANK IN THAILAND!!!!!!!

[Vacuum]

1 minute ago, Graviton said:

THE POINT OF AN FCD IS YOU KEEP THE MONEY IN YOUR CURRENCY IN A BANK IN THAILAND!!!!!!!

You don't have to shout! The currency you're talking about, is on a downhill road compared to the Thai currency, so I don't see the point in your suggestion.