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Answered7 years ago

Can a UK Citizen Use a Combination of Pension and Bank Funds for an O-A Visa in Thailand?

Edward ********
asked Feb 18, 2020
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UK citizen and UK passport holder. For a O-A Visa can this still be obtained with a mixture of pension and bank funds to make the 800k.

This is not mentioned on the London website anymore but it is how l obtained a 2018 oa Visa.

It is mentioned as a way to obtain in other countries.
Answer summary
A UK citizen is inquiring about the possibility of obtaining an O-A Visa in Thailand using a combination of pension and bank funds to meet the financial requirement of 800,000 THB. While past experiences indicated this was acceptable, recent guidelines from the Thai Embassy suggest requiring separate accounts for income and lump sum funds. Discussions in the community reveal mixed experiences and uncertainty about the current regulations, especially after changes made in June 2019.
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Robert *******
Robert *******
I do not understand what you like to hear from others but reading this: Financial evidence showing monthly income of not less than 65,000 THB (approx. £1,625)

or

having the current balance of 800,000 THB (approx. £20,000), e.g. bank statements, proof of earnings, for at least 1 month

is what it is. That there was a third option in the old days, is in the old days. You have to meet the requirements that are now in place.
Ron *******
Ron *******
The requirements changed the 15th June 2019 when E visa was brought online.
Edward ********
Edward ********
OP
@Robert ******
Yes l have read this. In 2018 july l obtained a OA from London based on joint pension and savings. Not that long ago. So apparently this has now changed. I am just asking if anybody has tried and obtained a OA with a mix of pension and savings.
Edward ********
Edward ********
OP
Would like to here if anybody has used the split income recently.
Ron *******
Ron *******
@Edward *******
I've explained above the requirement. A member here did it the beginning of November.
Edward ********
Edward ********
OP
Ok. Before on the Embassy website it was clear. Pension and bank deposit to equal 800k baht . Wording has changed.
Ron *******
Ron *******
I know what that is. I remember now from the previous poster last year.

They want the lump sum in one account and the income part of the application paid in to a seperate bank account. 2 bank accounts, in your name only and evidence of regular income to that seperate account. IE, a pension company income certificate etc

Lump sum and income needs to total 800K Baht (Approximately £20,000) per year.
Robert *******
Robert *******
not from the UK but: In Thailand the funds on a bank account are owned by the people sharing this account. Meaning if you showed a bank account in name of yourself and your wife, you should divide the balance by 2 or 50%. Required a minimum of 800.000 Thb goes like:

Bank account on 1 name - 800.000 Thb

Bank account on 2 names - 1.600.000 Thb

Bank account on 3 names - 2.400.000 Thb

And so on.
Edward ********
Edward ********
OP
Would appreciate any UK feedback
Edward ********
Edward ********
OP
Dear Sir/Madam,

You should have separate account, I can not guarantee about this combination

Kind Regards,

Visa Officer
Edward ********
Edward ********
OP
Emailed London explaining position. Received this back
Ron *******
Ron *******
Not forgetting that an O-A visa application is now going to need the mandatory health insurance
Ron *******
Ron *******
A member here last year, did use a combination method of some sort. I believe it took a while though getting the proof of the documents required.
James ********
James ********
I think a call by the OP to ask the Thai Embassy in London is in order.
@Ron ******
.

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