Can I switch from the 800k banked method to the 65k monthly income method for my visa compliance in Thailand?

Jul 7, 2020
4 years ago
Daniel *******
ORIGINAL POSTER
Has anyone ever attempted to switch methods of compliance from the 800k banked method to the 65k monthly method? If so, when did you do so? Was it at new extension time, or has anyone tried it during a 90 day report? Is it possible to do half-way through an extension period(year)?
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TLDR : Answer Summary
The conversation discusses the feasibility of switching visa compliance methods in Thailand from the 800K baht bank deposit method to the 65K baht monthly income method. One commenter notes that theoretically, after choosing a method for a visa extension, you must adhere to its requirements for the entire extension period. Specifically, if you initially used the banked money method, you must maintain the required balance for three months and not dip below a certain threshold, even if you start receiving the monthly income thereafter.
Tod *********
IN theory (since the new requirements for banked money went into effect) you would be required to follow the terms of the original extension (as in if you used banked money method you would need to keep your 800K baht IN the account for 3 months after your extension was granted AND then not let the balance go below the 400K baht threshold) for the WHOLE year extension term.

That means even if you were bringing in 65K baht a month because you're switching methods from banked money to monthly income you would still need to follow the terms of the banked money extension

AND you'd need 12 months of a minimum 65K baht transfers in to use it for a year extension.
Daniel *******
ORIGINAL POSTER
@Tod ********
Yeah, that kinda does make sense, doesn’t it? Almost uses contract law as precedent i.e. lease agreements.
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