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Answered7 years ago

Does the 65,000 baht monthly income requirement for a Thai visa need to be met each month, or can it be averaged?

James ****************
asked May 8, 2019
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I am wondering, does the 65,000 baht a month income requirement work as an average or must it be each month strictly?
Answer summary
The 65,000 baht monthly income requirement must be strictly adhered to; it does not allow averaging. For the monthly income method to fulfill the criteria for a yearly extension (specifically for those aged 50 and above), each month must show a transfer of at least 65,000 baht into a Thai bank account. There is no latitude for transferring larger amounts one month and skipping another.
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James ********
James ********
As an American, if you are back in the USA may I suggest you do yourself a favor and obtain the O-A visa. No money required in a Thai bank. Keep it earning interest for you in your US bank. Easy to obtain and with it you get one year visa for retirement plus one added year if you depart and reenter Thailand just before your first year ends. I got mine via the Thai Consulate in Los Angeles.
James ********
James ********
@Jeff *********
you are welcome ๐Ÿ˜‰
Jeff **********
Jeff **********
Excellent advice
@James *******
, thanks a million!
James ********
James ********
@James ***************
its the best deal for getting Thai retirement visa with no Thai Immigration hassles.
James ****************
James ****************
OP
That will be my fall back should i not get to 400,000 for the marriage immigrant visa. Should be ok...thanks!
James ********
James ********
If any questions, please ask. There are several fellow posters who have obtained the O-A non immigrant multi entry visa for retirement from the Thai Consulate in LA.
James ********
James ********
@James ***************
******************************************************************
James ********
James ********
@James ***************
use search at top of this forum O-A visa. Helpful experiences posted.
James ****************
James ****************
OP
Thanks for that tip. I did not know!
Paul *******
Paul *******
Is it correct that this method can also be used for an extension of stay based on marriage rather than keeping the 400k in the bank?
Tod *********
Tod *********
@Paul ******
I agree with
@R**
, IF you're not working legally here, are from one of the countries whose consulate stopped issuing the affidavit of income notary letters AND you're wanting to use the monthly income method for proof of funds for an extension based on marriage DEFINITELY check with your immigration office on how they interpret the "monthly averaging" clause for marriage extensions..
Ron *******
Ron *******
I would be wary with the 'average' income of 40k a month for marriage extensions. Jomtien Immigration at least, will only except 'Average' if you are working in Thailand and using tax receipts as proof.

If your sending it from abroad, 'average' isn't going to work with them.
Paul *******
Paul *******
Oh really? So as long as 480k has been transferred into my Thai bank from abroad for the previous 12 months before renewing my extension I should be good?
Paul *******
Paul *******
And Tod ๐Ÿ‘
Paul *******
Paul *******
@Robert ******
Thanks for the info ๐Ÿ‘
Tod *********
Tod *********
you CAN use the monthly income method for proof of funds for marriage extensions and you'd need to put in 40K baht a month.

The difference is the monthly income method CAN be averaged over the year.. (OR at least that is what the police order states)
Robert *******
Robert *******
Yes, for marriage you have to show a minimum of 40.000 Thb monthly foreign deposits into your Thai bank for the last 12 months OR a minimum of 40.000 Thb monthly income made inside Thailand with Work Permit and tax payments OR the minimum 400.000 Thb 2 months prior application date in your Thai bank.
James ********
James ********
Each and every month...not less than 65,000 Thai baht into your Thai bank account via foreign transfer
Robert **********
Robert **********
@James *******
thank you James,
James ********
James ********
@Robert *********
I fully understand and sympathize. Its sad many are caught in a financial squeeze. I wish you well. Take care!
Robert **********
Robert **********
That's fine 8 years ago when I came out to Thailand it was between 54 to 56 baht to the pound, my pensions was more than required , then the army government took over with no or little experience in finance, now lucky to get 38 thbt to the pound, petrol,diesel all gone up do food and necesaties do, what chance do good honest people have, who help the poor people of this wonderful country, have, ???????
Tod *********
Tod *********
there is no averaging when using the monthly income method for proof of funds for yearly extensions based on being over 50 (retirement).

It states you must transfer in to a thai bank account in your name only a minimum of 65K baht each month for the previous 12 months before you apply for your yearly extension.
Joe ***********
Joe ***********
And must be documented in bank records as an International transfer
James ****************
James ****************
OP
@Tod ********
Good to know that. Time to save up then, for the total income amount. Thanks!
Tod *********
Tod *********
@James ***************
yep, can't be any less than 65K baht per month.. Can't dump double in one month and then skip a month.
James ****************
James ****************
OP
Thanks for the sad answer! Glad to know this. I easily average that, but to save money, I do big lump transfers.

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