Does having Canadian pension income qualify for the income threshold for a Retirement Extension in Thailand?

Retirement Extension Visa Income Verification Canadian Pensions Affidavit of Income Taxation Abroad

Oct 23, 2022

2 years ago

ORIGINAL POSTER

I am a Canadian and get 3 different pensions deposited in my Canadian Bank account. They total 65,000 baht. I don't have them deposited in Thailand though, and I have them taxed at source so I have no ugly surprise at tax time. In summary: 3 pensions gross 65,000, tax at source so maybe 40,000 baht net each month, deposited in Canada not Thailand. Would this qualify to meet the income threshold for a Retirement Extension?

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TLDR : Answer Summary

A Canadian expat asks if their net pension income of around 40,000 baht per month qualifies to meet the income threshold for a Retirement Extension visa in Thailand. Responses suggest the need to provide an affidavit from the Canadian Embassy in Bangkok confirming the income, as deposits are made in Canada.

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David ******

Consulate in CM has issued an affidavit each year for me and no issue with immigration . They have been great.

2 years ago

John **********

I'd say in general it's your net income that counts. All you can do is ask the Canadian embassy in Bangkok and see what they say.

2 years ago

Mark *********

ORIGINAL POSTER

@John *********

Thanks for the thought.

2 years ago

Tod *********

@John *********

the paper is written with gross income, they don't care at all what the net is 😕

2 years ago

Mark *********

ORIGINAL POSTER

@Tod ********

Sounds good to me!

2 years ago

Reply to

Mark *********

Tod *********

IF you are going to use money banked in YOUR country to meet the proof of funds, the only way to do it as a Canuck is to get the affidavit of income from abroad notary letter from the Canadian Embassy here.

Contact them, it's all done by email now, no need to even GO to the consulate here in Bangkok.

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2 years ago

Mark *********

ORIGINAL POSTER

@Tod ********

Thanks Tod. That is such great information. Thanks for the email.link. I am on the case now and hopefully they can/will help me out.

2 years ago

Philip **********

@Mark ********

Hi Mark I sent you some information but they deleted my response. They said you weren’t interested in the 65k monthly method. You were going the 800 k in bank route.

2 years ago

Reply to

Philip **********

Tod *********

That's the ONLY way you can do a year extension inside the country at the immigration office with funds in your country 🙂

2 years ago

Reply to

Tod *********

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