Is Using Foreign Bank Statements for Thai Visa Extensions Reliable?

Dec 22, 2019
5 years ago
Wayne **********
ORIGINAL POSTER
My last (2nd) extension in March '19 I used poof of income as follows....Seeded THB Bank Investment account with never less than 400K balance history. Copies of my NZ Credit Card statements (With accompanying NZ embassy BKK sworn declaration) clearly showing transfers into various Thai banks (Tesco Lotus, Lazada, True, Pizza 1112, McThailand) averaging over THB30K/month. Payments of Condo rent averaging THB22K/month as transfers from my account to landlord account (As detailed in leases agreement). This was accepted as proof of income/funds. I have not heard anyone being knocked back by this, but neither have I heard anyone else using this method to retain their core investments and savings in their own country. So my question is this; Was my last approval a lucky one, and should I start to get worried of being rejected.
1,466
views
1
likes
28
all likes
8
replies
0
images
7
users
TLDR : Answer Summary
The user successfully extended their visa using a combination of income proof from overseas and a Thai bank investment requirement. However, there are concerns about the reliability of this method, as some community members believe only specific documents, like affidavits or direct bank deposits into a Thai bank, should qualify for income proof. The consensus is that while the user's approval might have been fortunate, they should prepare for stricter scrutiny on future applications.
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.
  • Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
  • Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
Tod *********
Okay, let's put this to bed RIGHT now.

The O/P used the affidavit of income from abroad notary letter from his consulate to show proof of monthly income. {Period, end of story) they did NOT use a myraid of receipts from here or there. The immigration office wanted the notary letter only and that is what they used to show proof of monthly income because their consulate still issues it

They also used 400K baht banked, and needed to show income with the notary letter from their consulate that totaled another 400K baht over the year because the total for the combination method is part banked money and part monthly income that totals 800K baht for the year.

They also should know that the banked portion of their money (in their case the 400K baht they used) needs to be in the account for 2 months before they apply for their extension, stay in the account for 3 months after they get their extension AND then the balance cannot drop below 50% for the rest of the year (in their case 200K baht).

The banked money portion of the combination method is subjected to the same seasoning requirements as if you used all banked money..
Robert *******
But NO, you can not show bank statements from payments at Tesco/Lotus., the pizza hut or your local beer bar.

NO, you can not show condo rent payments

The only way to meet the financial requirements for you is OR

The Income Affidavit from your Embassy wit a minimum income of 65.000 Thb a month OR

2 months prior application date a minimum of 800.000 Thb on a Thai bank in your name and that balance must stay there for at least 3 months after application date and the rest of the year not less than 400.000 Thb.
Benjamin ******
I'm curious about something.. You said:

"Copies of my NZ Credit Card statements (With accompanying NZ embassy BKK sworn declaration) clearly showing transfers into various Thai banks (Tesco Lotus, Lazada, True, Pizza 1112, McThailand) averaging over THB30K/month. Payments of Condo rent averaging THB22K/month as transfers from my account to landlord account (As detailed in leases agreement). This was accepted as proof of income/funds."

Is this new? I never heard of using purchases on a foreign credit card as proof of income. I always thought it had to be deposits into a Thai bank account.

If that's what you used as proof of income, I would guess you simply got lucky, and I wouldn't assume this would work next time.
Robert *******
You asked the same question in another topic, but I stil gave you the answer
****************************************************************************
**********
**********
*****
*****
*****
3/permalink/
*****
*****
*****
4/
Marty *********
You should probably mention which immigration office you are using. Are you seeking an extension based on retirement or marriage. Are you using the income method or banked money method.

It sounds like the income method. It is a simple test. Are you depositing the minimum amount (or more) into a Thai bank account only in your name.

I would doubt condo payments count for anything
Warren ********
I just applied for NON O year extension using a Affidavit from the NZ embassy and MYird print out of last year and this year as evidence. The letter of income was accepted by Korat immigration as evidence of income.
James ********
Does NZ still issue the Affidavit of Income Letter?
Warren ********
@James *******
yes NZ will issue the affidavit. 800 baht. Must make an appointment to visit.
Thai Visa Advice
... members ยท 40% approval rate
The Thai Visa Advice group is a specialized Q&A forum for visa-related topics in Thailand, ensuring detailed responses.
Join the Group
Thai Visa Advice
View the Conversation
Thai Visa Advice