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Answered9 years ago

What are the financial requirements for obtaining a ten-year visa in Thailand, particularly regarding gross versus net income?

Graeme **********
asked Apr 9, 2018
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G’day. In relation to financial requirements for the issuing of a ten year visa.....specifically monthly income. There seems to be no indication as to whether net or gross income for the 100,000 THB per month is taken into account. Does anyone know. Thanks.
Answer summary
The inquiry discusses the financial requirements for a ten-year visa in Thailand, specifically whether the required 100,000 THB monthly income is based on gross or net figures. Responses clarify that for the Elite visa, there is a one-time fee without monthly income verification; however, in other cases like a retirement visa, the net income may be acceptable, but generally, using gross figures is recommended.
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Graeme **********
Graeme **********
OP
I used net last time I applied for my 12 month retirement visa extension. But yeah, they didn’t check the supporting proof of income I provided. They only looked at the stat dec witnessed by my Embassy.
Tod *********
Tod *********
Always when you use the notary letter from your consulate you put gross figures.
Dustin *******
Dustin *******
The only 10 year visa I can think of is the elite. For that one, I am pretty sure you just pay the fee once and nothing about monthly income.
Graeme **********
Graeme **********
OP
No, this a new 10 year visa that was introduced in August last year. Similar to retirement visa but no need to be renewed every twelve months, however, 90 day reporting is still required and there is an additional requirement for proof of health insurance
Tod *********
Tod *********
you are mistaken and the new O-X visa is for 10 years

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