Answered6 years ago

Can I use a combination of bank funds and monthly transfers for my retirement visa extension in Thailand?

Retirement Visa Visa Extension Financial Requirements Thai Immigration Proof of Funds

Jon ********

asked Mar 2, 2021

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For a retirement Visa extension can you still do a combination of money in the bank and a monthly transfer for a combined 800,000 baht or is it now only 65,000 a month or 800,000 in the bank? Thank you.

Answer summary

Yes, you can still use a combination of money in the bank and monthly transfers for the retirement visa extension in Thailand, allowing for a total of 800,000 baht. However, the banked portion must be seasoned as if you were using all banked money, and the monthly transfers need to be consistent for the previous 12 months. It's important to present a bank letter and a yearly transaction history along with a separate letter for the monthly transfers. Be aware that some immigration offices may not accept the combination method, so it's advisable to check with your local office well in advance of your extension application.

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Tod *********

The ability to use the combination method is still written into the Police Order that lists ways you can meet the proof of funds

The banked portion of the money needs to be seasoned the same as if you were using all banked money, and the monthly transfers need to be each month, every month for the previous 12 months (they will take the month that has the least amount transferred in and use that as the incoming amount each month)

You need the regular bank letter, the year transaction history (those two meet the proof of funds for the banked money) AND then you need a separate letter listing your monthly incoming transfers for the previous 12 months.

NOTE: there are some offices and officers that just refuse to allow people to apply for their year extension using the combination method. This is not gonna turn into a thread about which ones do or don't. GO to your immigration office well before your extension is due, see what they say.

This is the combo-method english and thai from the police order that is in effect.

6 years ago

Jon ********

Ok thank you. I guess you should close the thread.

6 years ago

Jon ********

Sounds like the 800K in the bank is the way to go as my mthly is about 55K. It would surely be a problem to find out the combo didn't work at extension time even though it was considered valid 12 months before but the rules changed. Thank you.

6 years ago

Tod *********

@Jon *******

The rules DIDN'T change at all. I clearly posted the rules. What I said is SOME immigration offices won't allow people to do it (and those people will not stand up for themselves and push it up the ladder by appealing)

IF your immigration office allowed it last year, there's a good chance they'll allow it this year too. Which is exactly why I said GO and ask them well before you're going to apply for your extension

6 years ago