Answered6 years ago

Can I switch from monthly income transfers to a full bank balance for a Non-O Retirement Visa extension in Thailand due to Covid-19?

Non-O Visa Retirement Visa Visa Extension Covid-19 Thailand Immigration Retirement Funding

Tony *******

asked Sep 12, 2020

1.9k

views

replies

likes

I have a question about a Non-O Retirement Visa extension due to Covid-19 change of circumstances. I should not be in Thailand.

I intended to leave Thailand earlier this year so funded plans in another country. Travel became impossible and remains impossible for the foreseeable future, regular Thailand funding fell below the requirement for a Retirement extension.

If I raise 800,000 3 months prior to renewal as an alternative way to fund my extension, will I be penalized for insufficient 65,000 monthly transfers as I have been doing these past 5 years.

Answer summary

The user inquires about extending their Non-O Retirement Visa in Thailand amid Covid-19 travel restrictions. They are unable to leave the country and are concerned about transitioning from the requirement of monthly income transfers (65,000 THB) to using a lump sum of 800,000 THB in a bank for their visa renewal. Community responses suggest the user should check with their local immigration office for specific guidance on switching funding methods for the extension.

13 repliesnewest first

Click comment and we will ask for your email, then OTP, then name.

Tod *********

The ONLY way you'll know what's what is to go to your particular immigration office and ask them how the switch methods for the extension works going from monthly income transfers to full banked money (OR even the combination method if that's what you wanna do).

6 years ago

James ********

You should be fine.

What kind of visa/extension are you on now in Thailand?

6 years ago

Tony *******

Did Michael Luken get an update from his question:- ?

Michael Lucken

James Miller Yes so if he does not have the 65k a month would they not expect a 400k minimum and then the 800k 2 months before ? I am not sure how that works when switching from 65k a month method.....to the 800k / 400k method...

6 years ago

Tony *******

@James *******

I am income rich, cash poor, financially committed and British!

6 years ago

James ********

@Tony ******

welcome to the club. I am 76 too and an American.

I believe we both were wise to stay in Thailand during this COVID scene.

6 years ago

Tony *******

I’ll need to start smoking again if I travel since it’s been discovered that smokers are less like to be hospitalized due to Covid-19, they just die of lung disease anyway 555.

6 years ago

Tony *******

@James *******

I made the decision to extend my Visa this year even though I had plans to leave. That was a fortunate decision, but my investments in my new home has deprived me of the opportunity to extend in 2021. Hopefully there is an alternative solution before 2021, like a travel window.

6 years ago

Tony *******

@James *******

Hi James, I extended my Non-O Visa based on Retirement last February by 12 payments of 65,000 in my Thai Bank Account , so I am good until February 2021.

Fully expecting to be out of Thailand this year I made a substantial investment in another country with my Fiancee. Leaving Thailand this year is starting to look improbable. Since time is not an issue I am attempting to make advance plans so that I have a solution if February 2021 arrives and I am still travel restricted. The best solution would be to remain in Thailand where I am safe, (76 years old) until I can be on my way. It would be a struggle to raise 800,000 at this point but it may not be out of the question.

6 years ago

James ********

@Tony ******

its good you are planning ahead.

If you have continued the 65,000 deposits monthly...no problem.

If not the 800,000 needs to be in the bank two months befors renewal time.

A few offices may allow a combo of deposits and bank account balance.

Ask yours if they do.

But best to have the 800,000 on time...

Or get married and only need to have 400,000 😄

6 years ago

James ********

@Michael *******

good question. And I am sure

@Tod ********

will clarify it for us in the morning.

6 years ago

Michael ********

@James *******

Yes so if he does not have the 65k a month would they not expect a 400k minimum and then the 800k 2 months before ? I am not sure how that works when switching from 65k a month method.....to the 800k / 400k method.....

6 years ago

James ********

@Michael *******

yes...to make sure you have kept bank balances as you agreed to.

6 years ago

Michael ********

@James *******

Do they not look at the entire year since his last extension?

6 years ago