Answered6 years ago

Is 800,000 THB in savings and earnings acceptable for a retirement extension in Thailand?

Retirement Visa Visa Extension Combination Method Financial Requirements Thai Immigration Savings and Earnings

Karen ********

asked Oct 15, 2020

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Hello  this has probably been asked but I am lazy ,my dear old friend has a combination of savings and earnings totalling 800,000 is this acceptable.

Answer summary

The conversation discusses whether a combination of savings and earnings totaling 800,000 THB is acceptable for a retirement visa extension in Thailand for individuals over 50. It reveals differing opinions on using the combination method and the necessity of having an affidavit from an embassy based on the individual's country of origin. The importance of consulting with the local immigration office for up-to-date requirements is highlighted.

14 repliesnewest first

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Tod *********

I think you have your answers

@Karen *******

, and you need to tell "your dear old friend" to hoof it to his immigration office well before he's going to apply for his new yearly extension to see what they say about him using the 'combination method' AND what documents they want to have showing he meets the requirements.

6 years ago

Tod *********

This is the english AND thai of the clause in the current police order that specifically states you CAN use the combination method for extensions based on retirement..

6 years ago

Marty *********

It would help if you told us what Immigration office you use, what country you are from, your visa status, and where are you now?

6 years ago

John *********

Point 5 seems to cover the combination of funds in the bank and earnings. But, you may need a letter from the Embassy to prove the earnings.

6 years ago

Ellie *******

you don’t need affidavit from your embassy as long as monthly income is transferred to your Thai bank account internationally..

6 years ago

John *********

@Ellie ******

For the combination method, of allowed, you may need the affidavit.

6 years ago

Tod *********

@John ********

that is not totally correct, the way the embassy affidavit works is; IF your embassy offers the income affidavit you have to use it (you can't use monthly transfers) BUT if you come from a country that stopped issuing the income affidavits (UK, US, Australia) or come from a country that never issued it, you have to use monthly transfers from overseas.

6 years ago

Barrie *************

Maybe things have changed.

6 years ago

Barrie *************

I am sure Tod has said many times before that you can use the combination method, to apply for The Retirement Extension. Being over 50.

6 years ago

James ********

What passport country is your friend?

6 years ago

Paul ********

why not put it all in one account

6 years ago

Ben ****

@Paul *******

earnings is income

6 years ago

Benjamin ******

It looks like you can not use the combine method to get an extension of stay based on being over 50 years old.

Source:

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(option 22)

6 years ago

Tod *********

I believe that does NOT spell out the actual thai language clause in the police order that specifically states you can indeed use the combination method of proof of funds for retirement extensions

6 years ago