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Can I switch from 800k banked money to monthly transfers for my Non-O extension in Thailand?

Non-O Visa Visa Renewal Financial Requirements Thailand Immigration Bank Statements Monthly Transfers Over 50 Visa Criteria

Sep 4, 2022

4 years ago

Darrell ******

ORIGINAL POSTER

I need some clarification for renewal of my non o extension based on being over 50. I am on my first 12 month extension using the banked 800k which has been in my bank for over 12 months. I transfer 40k each month since July 2021.what I want to know is can I change from 800k banked money to monthly instalments for my next extension, 40k a month comes to 480k so I would need to use 320k of banked money to reach the required 800k. That would mean that 320k would have to remain for 3 months after extension granted and could go down to 160k before having to go back up to 320k for the following year. Tod i would love to hear your take on this.

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TLDR : Answer Summary

The user seeks clarification on changing the funding method for their Non-O visa extension from an 800k banked sum to a combination of 800k banked money and monthly transfers of 40k, totaling 480k. They want to know if using a portion of banked money along with monthly transfers is accepted by immigration offices in Thailand.

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Tod *********

my take on it doesn't matter, your math is sound and as long as you leave meet the seasoning requirements for the current extension you're on using banked money (left the 800K in the bank for 3 months after and then never let it go below 400K until you applied for your next extension AND as long as your immigration office is going to accept the combination method for proof of funds.

4 years ago

Brett *******

Is it allowed, to change from the 800k to the monthly 65k? Assuming you have indeed transferred the 65k monthly for a year?

4 years ago

Tod *********

@Brett ******

changing from banked money to monthly income is the trickiest one because you have to meet the seasoning requirement the whole year for the previous years banked money extension AND you have to put in the required 12 months of international transfers to qualify for the monthly income method the next year.

So that means you need to keep the 800K baht in the account 3 months after you get your extension AND deposit 65K baht a month in each of those months to begin the 12 months of international deposits for the next extension, and after the 3 months you still need the balance of the banked money to stay above 400K the whole rest of the year until you FINALLY go apply for a new yearly extension using the 12 months of deposits 😕

4 years ago

Ellie *******

@Brett ******

, OP doesn't have a 65K thb monthly transfer. He says 40K per month. Basically, yes you can, but you need to talk with your immigration office.

4 years ago

Reply to

Ellie *******

Seems that you understand how the combination method would work right. But the important thing is, that not all immigration offices would accept a combination method of banked money and monthly transfer. Check with your office before you jump in.

4 years ago

Jarkko *********

@Andy ******

Of course I will definately check beforehand now, after hearing about this possibility. I just don't understand what is there to interpret when there are options A, B and C given. Unless the interpretation is that etc. option C does not exist.

4 years ago

Andy *******

@Jarqco ***********

your trying to use a logical approach with immigration however each office has the discretion to interpret the laws ... Which is why some people get frustrated because they go by the book only to be told a different set of requirements at some immigration offices .. and good luck telling the immigration staff that they have it wrong... Better to check beforehand and get the requirements at the local office, in a list from an officer that you can return it to....

4 years ago

Ellie *******

@Jarqco ***********

, Unfortunately, that is what you need to ask your local immigration office or Thai government, not here.

4 years ago

Jarkko *********

@Ellie ******

I hear you, but isn't something that is stated in every official document as clearly as this, about the combination method, something that individual immigration office could not walk over with? Good to hear about this now, since I am in progress of moving in and was going to use combination. Wow...

4 years ago

Ellie *******

@Jarqco ***********

, That is what you need to ask your immigration office, and why we all say you need to get the handout of your local immigration office's specific requirements.

4 years ago

Reply to

Ellie *******

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Can I withdraw the 800k from my Thai bank account after getting my Non O visa extension?

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