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brianj1964

O/A visa and insurance experience today

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12 hours ago, scubascuba3 said:

I've not spoken to him but the only thing you can do is go for the O

Go for the O is not as easy as it seems to be

but good luck for him and it 'll be nice if you give us more

details about the others steps

what he decides to do, what are the difficulties he has with the way he choose and so on

TYIA

Edited by kingofthemountain
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3 hours ago, OJAS said:

and (2) Americans, Aussies & Brits using the 65k monthly income method to obtain a special bank letter listing details of transfers from abroad including home country currency debits (with standard 6-month/12-month bank statements, which are generally accepted by most other offices, not proving adequate)

Could you expand on this "including home country currency debits"? I read in another thread that some offices won't accept a transfer from your own account in your own country. I'm trying to understand what they actually want to see. I'm in Bangkok, but all information is helpful.

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53 minutes ago, Exploring Thailand said:

Could you expand on this "including home country currency debits"? I read in another thread that some offices won't accept a transfer from your own account in your own country. I'm trying to understand what they actually want to see. I'm in Bangkok, but all information is helpful.

Which thai bank do you have? 

And forget "including home country currency debits". I don't know where he got that from. 

Edited by Max69xl

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5 minutes ago, Exploring Thailand said:

Kasikorn and Bangkok.

To which bank do you transfer your income/pension? 

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1 minute ago, Max69xl said:

To which bank do you transfer your income/pension? 

I am in the first month of the twelve, so I can transfer it wherever I need to. I've made one transfer to Bangkok, but I can make another to Kasikorn. I'm aware that the transfer must be marked as international.  From what I've read, using transferwise to transfer to Bangkok Bank,  the transfer is guaranteed to marked as international, providing that you select the correct option from the drop-down when making the transfer.

 

My query to OJAS was more concerned with Immigration wanting information about the provenance of the funds. I am transferring my own money. It is not a pension.

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10 minutes ago, Exploring Thailand said:

I am in the first month of the twelve, so I can transfer it wherever I need to. I've made one transfer to Bangkok, but I can make another to Kasikorn. I'm aware that the transfer must be marked as international.  From what I've read, using transferwise to transfer to Bangkok Bank,  the transfer is guaranteed to marked as international, providing that you select the correct option from the drop-down when making the transfer.

 

My query to OJAS was more concerned with Immigration wanting information about the provenance of the funds. I am transferring my own money. It is not a pension.

Imo Bangkok Bank is better than K-Bank when we're talking Immigration matters. CW Immigration in BKK might ask for the source of the money. Normally on a retirement visa/extension you are supposed to be retired. Just telling them that the money comes from savings back home "might" not be enough. They want the transfers to be foreign,and when using TransferWise as you said, correct 'reason for transfer' is still important = 'Funds for long term stay in Thailand'. They want a bank letter from your thai bank and bank statements showing the transfers as foreign. Are you still on your 90 days Non-Immigrant O Visa? 

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9 minutes ago, Max69xl said:

Imo Bangkok Bank is better than K-Bank when we're talking Immigration matters. CW Immigration in BKK might ask for the source of the money. Normally on a retirement visa/extension you are supposed to be retired. Just telling them that the money comes from savings back home "might" not be enough. They want the transfers to be foreign,and when using TransferWise as you said, correct 'reason for transfer' is still important = 'Funds for long term stay in Thailand'. They want a bank letter from your thai bank and bank statements showing the transfers as foreign. Are you still on your 90 days Non-Immigrant O Visa? 

I'm on an OA. I was previously on a retirement, using the 800k method. This year, I'm going to start bringing 65k monthly to give me more options when it is time to extend. For the 800k, they wanted proof that it was an international transfer, but there was no requirement for me to tell them where I got the funds from.

Edited by Exploring Thailand

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2 minutes ago, Exploring Thailand said:

I'm on an OA. I was previously on a retirement, using the 800k method. This year, I'm going to start bringing 65k monthly to give me more options when it is time to extend. For the 800k, they wanted proof that it was an international transfer, but there was no requirement for me to tell them where I got the funds from.

The 800k just have to be a foreign transfer. But for the 65k monthly method the source is required at several immigration offices. I can use both pension or money in the bank,but it's so easy when using the money in the bank method. I'm out of immigration in 5min and no hassle with transfers and bank statements or income letters.

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32 minutes ago, Exploring Thailand said:

I'm on an OA. I was previously on a retirement, using the 800k method. This year, I'm going to start bringing 65k monthly to give me more options when it is time to extend.

Some relevant tips when opting for the +65K monthly income method:

1. Ensure that the funds are transferred a couple of days before the end of the month.

When there is a delay in receiving the funds on your thai bank-account (e.g. bank holidays / funds held up for administrative reason to be clarified), your application can be denied as some provincial IO's insist that there should be a transfer in every single of the 12 months.

2. When you transfer funds, it should be minimum 65.000 THB, so foresee a 'safety buffer' of say 2000 THB in case of possible bank-charge fees, exchange rate fluctations, etc.

There have been reports of people having their application denied because of a slight dip under 65.000 THB in one of their monthly transfers.

3. Same applies for the 800.000 THB / 400.000 THB in the bank.  Be sure to have a (small) buffer-zone, as you do not want to go below the requirement amount.  

I remember one report of somebody whose extension was denied because his bank had charged him the annual bank-account cost, leading to him dipping under the 800K.

Also separate accounts (a regular living expenses one and one dedicated for the IO financial requirements) will prove useful, to avoid accidentally withdrawing too much from your account and not being able to meet the financial requirements anymore for the running year.

 

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18 hours ago, scubascuba3 said:

I've not spoken to him but the only thing you can do is go for the O

Or see an agent. 

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3 hours ago, Thaidream said:

Those applicants on an O-A prior to the start date, especially long term O-A extensions had no idea this would be a requirement for the future and planned their affairs  with that in mind.

 

Any country I know of to include Thailand have always grandfthered people when a new regulation/law or change came out.  It is the only faair and mostly legal way to conduct business.

There is no grandfathering listed in any of the orders except the maintenance of the 200k from (IIRC ?) 98.. 

 

Assuming there is grandfathering when it is not explicitly stated, when in other cases is was.. Seems hopeful at best. 

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Earlier I gave my story in post 161. I just noticed something was hand written on my new visa extension, dated Nov 5, 2019 (my previous date was Dec 5, changed to insurance date).

 

What does the note mean / does it affect me? Sorry for the large size. Next one will go through Image Size.

 

image.thumb.jpeg.ca4994731331c76933cfe8c4eeb3bdd3.jpegimageproxy.php?img=&key=de238a8f491e857f


 

Edited by NewGuy

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17 minutes ago, LivinLOS said:

There is no grandfathering listed in any of the orders except the maintenance of the 200k from (IIRC ?) 98.. 

 

Assuming there is grandfathering when it is not explicitly stated, when in other cases is was.. Seems hopeful at best. 

This lot are going to have a melt down when Operation Foreigner phase 2 go's in, sometime during the second quarter of 2020. They will either need to comply or leave.

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