Just got my new extension of stay.. Retirement...based on annual pension + savings in Thai bank. Internet exchange mid-rate was £1 = 44.3 baht...Phuket immigration rate £1=43 baht. As Tod advised a few months ago... always have a cushion! Thanks.
Answer summary
The user successfully extended their stay in Thailand on a retirement basis, using their annual pension and savings held in a Thai bank. They noted the differing exchange rates between the internet and Phuket immigration and emphasized the importance of having a financial cushion.
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