Can an American use a Social Security annual report to qualify for a retirement visa in Thailand?

Dec 4, 2021
3 years ago
Philip *********
ORIGINAL POSTER
I know the US embassy will no longer

Verify monthly income for a retirement

Visa but is it possible for an American to

Present other documents such as social

Security annual report to qualify.
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TLDR : Answer Summary
The general consensus is that an American cannot use a Social Security annual report as proof of income for a retirement visa in Thailand. Instead, applicants must provide one of three types of financial verification: a bank statement showing 800,000 THB seasoned for 2 months, a letter from the embassy confirming a monthly pension of at least 65,000 THB, or proving 12 months of consistent deposits of 65,000 THB or more into a Thai bank account. Therefore, a Social Security statement will not suffice.
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Benjamin ******
There are three potential ways to acquire a One Year Extension of Stay based on Retirement in Thailand:

1. 800K THB banked money seasoned for 2 months before the extension of stay is applied for, three months after the extension of stay is approved, and not to go below 400K THB in-between.

2. A letter from the embassy/ consulate showing a monthly pension of at least 65K THB.

3. 12 months of payment into a Thai bank account flagged from overseas.

The poster is asking if he can use an American social security statement as a replacement for the letter from the embassy. The answer is no.

Suggestions of transferring money into a Thai bank account is accepted, however will be the 12 months of payment into a Thai bank account before being able to apply for the extension of stay.

Honestly, I can't babysit this post with suggestions to use the 12 months of payment. His question is answered, and I don't want this post to be derailed.

Thank you
James ********
Sadly...No
Will ******
I have my SSA deposited in Bangkok Bank in New York, they will forward to a special account here in Chiang Mai. Only can maker counter withdrawals with passport monthly. Yearly extension copy of bank book upgraded that day and bank letter showing the 65 k per month foreign deposits.
George *******
1099 from social security ???
Benjamin ******
@George ******
I think that's what he's referring to. The answer is, "no, that will not be accepted as proof of income".
Lloyd ********
No
Benjamin ******
Interesting formatting of your question. But no, you can not use social security annual reports to quality. A person CAN use 12 deposits of 65K THB or more each calendar month as proof however.
Philip *********
ORIGINAL POSTER
@Benjamin *****
ok thanks for fast response!
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