Can UK Nationals Use a Combination of Bank Savings and Pension for Retirement Visa in Thailand?

Jan 29, 2020

5 years ago

ORIGINAL POSTER

Retirement Visa Question...

My 73 yr. old mum has just obtained her first retirement visa by using 800k in Thai savings account.  

She doesn't really want to leave 800k just sitting in the bank and when it comes to her renewal, she'd rather do a combination of lets say 400k in the savings account and monthly pension transfers of xx into Thailand.

The agent that we used to do her visa said that for UK citizens, we have to choose between 800k in the bank or 65k pension coming in every month.  They said due to the UK embassy won't issue the income letter, that it's not possible to do a combination of both... it's one or the other.

Can anybody elaborate on this or do any UK nationals have any experience of using a combination and if yes, how was it done.

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TLDR : Answer Summary

The post discusses the complexities faced by a UK citizen regarding the requirement for obtaining and renewing a Retirement Visa in Thailand. The individual seeks clarification on whether it is possible to use a combination of bank savings and pension income to meet the visa financial requirements, as their visa agent stated that UK citizens must choose between having 800,000 THB in a bank account or receiving a monthly pension of 65,000 THB. Several comments provide personal experiences and varied insights from different immigration offices in Thailand regarding the acceptance of a combination approach.

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Robert *******

The answer is given and as people love to hijack a post to share their personal favorite websites and other non important issues,

I have to close it for commenting,

Please, if you have a question open a new topic, if you want to share you tube channels, fine, use all other facebook page you can find.

Complains of early closed topics will only be thanks to you guys.

5 years ago

Reiner *********

Well depending on the immigration office in phuket is a combination still possible..

5 years ago

Terry **********

I used the 'combination' method last August on Samui. They did look at it funny, but renewed it.

5 years ago

Darren *********

@Terry *********

was just thinking about your application, yes Samui accepts it, it depends on the immigration office. Go to the immigration office you used and ask them directly if they will accept the mixed method next time. Also see other threads here for advice on how the money is transferred, it has to show as an international transfer, do your homework there as well 👍

5 years ago

Reply to

Darren *********

Robert *******

You have to speak with your Immigration Office, some offices do not accept the combination money of income and banked money.

5 years ago

Robert *******

I guess your mom just obtained her first Extension of Stay at her local Immigration Office.

Be aware that the requirement is: at least 2 months prior application date until at least 3 months after application date and the rest of the year not less then 400.000 Thb.

This means she can NOT touch the money until 29 April 2020.

5 years ago

Reply to

Robert *******

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Do I need to show monthly income if I have the required 800,000 baht for a retirement visa in Thailand?

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