Answered9 years ago

Is it acceptable to show monthly pension deposits for Thai visa requirements instead of having 800,000 THB in a bank account?

Thai immigration Visa requirements Pension income Financial verification Long-stay visa Retirement visa

William **************

asked Feb 25, 2018

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My question is I will be converting my pension to Thai baht monthly roughly 70,000 at a Thai bank. When I do my yearly report in and show immigration the 12 months of bank slips of 70000 a month is that acceptable? Or will they expect the 800,000 in an account of a Thai bank as well?

Answer summary

The user is inquiring about the requirements for proving financial stability for a Thai visa, specifically if monthly pension deposits totaling 70,000 THB are sufficient in lieu of holding 800,000 THB in a Thai bank account. Responses suggest that showing the pension income through bank statements is acceptable, but an affidavit of income from the embassy may also be needed. It is noted that both methods can be used interchangeably in subsequent years, but a new affidavit may be required each year when applying for visa extensions.

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William *******

As an aside if you do not have a pension then a letter of income from your financial institution or brokerage house is also acceptable since one only needs proof of income not proof of a pension. The US embassy letter is only a guarantee of signature by the embassy. Shh ! Some can get by on 30k baht in Chiang Mai

9 years ago

Mark ********

U.S retired...keep letters showing pension amounts....I only recently was asked to show my pension letters...the embassy letter has been abused by lightweights with low money lying about the get at least

*****

thb monthly..Theres plently of them and some been here when much less was required.

9 years ago

Brad *********

You need to meet the requirement every year, but how can change. For example, year 1, 800K in Thai bank, year 2 income letter from embasy, year 3 combination of the two, year 4...

9 years ago

Paul *********

You will need a formal document from your embassy stating what you get monthly OR the whole amount in a Thai bank account with a statement from them.

9 years ago

Brent ********

Paul Pereira is correct, well said.

9 years ago

Tod *********

@Wil****

, When you apply for your yearly extension inside the country at the immigration office using the income method you will give them the original notarized affidavit of income from abroad you get from the canadian consulate here in Bangkok.

This means you need a new one every year..

9 years ago

William **************

As a sidebar...once I get the affidavit the first time can I just use that each yearly visit or will immigration expect a newly dated one. The original approval will be the Thai consulate in Canada.

9 years ago

Jim *******

I realize,but thought he also said that he'd have the capital sum too. Apologies if I was mistaken.

9 years ago

Tod *********

@Jim ******

the fact you can use banked money is not the issue here. He's asking if he has to get the affidavit of income from abroad notary from his consulate or not.

9 years ago

William **************

I will have statement of income verifying from the Canadian government saying I meet the

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Thai baht requirement of the monthly benefits/pension.

9 years ago

Jim *******

The Legal place is Immigration. They require 800,000 thb seasoned in your Thai account for 2months the first application and 3 months on second application.

9 years ago

William **************

Thank you

9 years ago

Paul *********

Everytime you apply for a 'long' visa every year yes, not so hard though. If you're 60+ many places do a retirement visa without proof of $, hard to say without knowing your full circumstances.

9 years ago

William **************

I will have that the first time. So I will have to show that each concurrent year?

9 years ago