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Is it necessary for the monthly 65,000 baht transfer for retirement visa extension to come from a pension?

Retirement Visa Visa Extension Financial Requirements Proof of Income Thai Immigration Pension Fund Verification International Money Transfers Chiang Mai Immigration Bank Statements for Visa Expat Life in Thailand

Oct 28, 2024

2 days ago

Marc ***********

ORIGINAL POSTER

Good morning to the community,

I have a question regarding the monthly 65000 baths transfer from abroad for retirement 1 year extension. 

On thai admin website I read that it should come from pension. Is it correct and if yes how can I prove that these 65000 baths originate from my pension ?

Thks in advance

Have a nice day

Marc Bailliart

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TLDR : Answer Summary

The requirement to prove that the 65,000 Baht monthly transfer for retirement visa extension comes from a pension is not consistent across all immigration offices in Thailand. Some offices do not demand proof of source for international transfers and may accept just bank statements showing the transfers. However, others may require documentation proving the origin of the funds, such as annual pension statements. It's advisable to check with the specific immigration office for their policies and prepare documents accordingly. The conversation highlights varying experiences, indicating that requirements depend on the locale and the discretion of the immigration officials.

NON-O RETIREMENT VISA RESOURCES / SERVICES

Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
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Tim ******

I have just renewed marriage visa today, they said proof of origin of funds is now a requirement, asked me if it was pension.

Tax purposes perhaps 🤔

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Steve *********

Which office did you get your marriage extension from? My understanding was that marriage extension didn’t require proof of transfer from overseas. It didn’t come up when I did mine at CW in July.

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Tim ******

@Steve ********

Jomtiem. She wasn't asking for proof of transfer, just if it was pension.

She did say it's a new requirement. As I said my guess would be to do with tax.

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Tim ******

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Robert *********

I use that method in Chiang Mai, and as far as I know, they really don't care where or how it comes from, so long as it has FTT (Foreign Transfer) on the bank statement.

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Steve ***********

Chiang Mai Immigration did not ask me for source of funds they just needed a statement from my Thai bank showing the International transfers into my account over the previous year.

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John **********

@Steve **********

but both you and Robert below are from countries whose embassies don't provide income affidavits

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Steve ***********

@John *********

ok but even if they did I must say that the process to get the International statement from my bank in Chiang Mai was so quick and easy that I would do that for preference.

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Steve ***********

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Wayne ********

It depends on which Immigration office you're going to.

I just extended my retirement visa here in Bangkok and just used a Bangkok Bank statement showing incoming monthly international transfers.

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Nick ************

did you have to get the statement from the bank or did you order one via the app and print it out yourself?

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John **********

@Nick ***********

you have to be careful printing out from the app as it only gives the current month to date and the previous 11 months (at least from Bangkok Bank) so might not cover everything you need. Immigration may also want to see it stamped by the bank anyway. Plus you need a letter from the bank highlighting your monthly transfers

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Nick ************

@John *********

my bank book also shows each monthly transfer. Is that not acceptable? I have printed the statement after each 4 month period so it shows the full 12 months.

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John **********

@Nick ***********

you need the letter and you need to update your bank book on the day you apply. But the bank book is not a replacement for the statements

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Nick ************

@John *********

ok. Good to know.

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Nick ************

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John **********

What passport do you hold? If it's from a country where the embassy in Thailand still issues an income affidavit/certificate then that's where you go. You prove your income to the embassy and they issue a certificate you can take to immigration.

If your embassy doesn't issue a certificate then you need to put 800k baht in a Thai bank until your 2nd extension. From that point forward you can change to 65k baht per month income provided you can show international transfer of 65k baht minimum each and every month for a full 12 months prior to applying

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Nick ************

@John *********

i assume you can start the monthly transfers the month before you get your first extension based on 800k deposit so you don't have to wait 2 years.

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John **********

@Nick ***********

correct

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John **********

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Marc ***********

ORIGINAL POSTER

@John *********

I am a French passport holder. The French embassy issues à certificate stating that I inform them that I earn x amount on a yearly basis. They do not ask for any proof as their certificate is not a guarantee from them. I am not sure it will be accepted.

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John **********

@Marc **********

you could ask immigration? As far as I'm aware you are meant to use that rather than the monthly transfers if it's available and immigration themselves can require it if you try to bypass the embassy

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John **********

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Colin *******

Why would it need to come from a pension? Many folks have investments and or rental income, and no pension.

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Colin *******

Is there any hard evidence of someone being rejected with non pension passive income, or is it folklore?

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Brandon ************

many reports of people being asked for this

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Brandon ************

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Kim *********

then you are not on a pension which is a requirement some places

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Jim ********

Depends on the immigration office. Some insist the funds come from a pension or Superannuation fund. CW doesn't ask for it, but I always take my annual statement *just in case* they have a change of policy!

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Jim ********

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Derek ************

I used the yearly statements from my pension provider.

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Tod *********

@Derek ***********

and did you also transfer IN to the country to a thai bank account in your name only a minimum of 65K baht a month each month every month for the previous 12 months before you applied for your extension too?

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Derek ************

yes I transferred a minimum of 65k monthly into my K bank account and they provided certified bank statements for 22 months and a covering letter for the immigration this was for my second extension, previously I used the 800k method.

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Derek ************

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Ellie *******

You need to contact your local immigration office for details. Many don't require proof of source for international monthly transfers. However, some want to see documents proving a source of funds, such as SS documents in your home country or similar. What exactly they want is office-specific.

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Ellie *******

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