What are the income documentation requirements for a one-year extension of stay in Thailand for expats over 50?

Visa Extensions TM 7 Application Income Requirements Financial Rules Thai Immigration Retirement Visa Expats in Thailand

Apr 20, 2019

6 years ago

Joe ***********

ORIGINAL POSTER

Tod Daniels   :

IF how to properly meet income documentation requirements to successfully apply for and receive a one year extension of stay based on being age 50 or over IS NOT a valid subject for discussion here, then I do not know what issue is more important in preparing a TM 7 Application for an Extension.

The issue of properly meeting the recently changed financial rules for qualification is The Most Important Aspect in applying for a one year Extension of Stay. Because without properly meeting the new financial rules - no other requirement even when successfully met matters at all. The ability to meet the  financial rules as now stated is complicated in some aspects especially in documenting the source of the monthly income.  Expats want answers on this issue and denial of discussion about this issue is wrong headed and a disservice to members.

All other Extension Application requirements are discussed why are details of meeting income requirements off topic?

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TLDR : Answer Summary

The discussion centers on the complexities surrounding the income documentation requirements for expats aged 50 and over applying for a one-year extension of stay in Thailand. Key points include concerns over understanding the new financial rules, as well as frustration regarding the perceived lack of discussion on this critical issue. Contributors emphasize that meeting these financial prerequisites is essential for a successful application and suggest various options for fulfilling income requirements, such as holding a Thai bank balance or providing proof of monthly income.

NON-O RETIREMENT VISA RESOURCES / SERVICES

Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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Robert *******

Once and for all I try to explain it again, read it twice, three times or more if you can not understand it. For an Extension of Stay based over 50 years of age you need or option 1) minimum 800.000 Thb at least 2 months prior till at least 3 months after your application date and the rest of the year not less than 400.000 Thb. OR option 2) The income affidavit from your Embassy with a monthly income of minimum 65.000 Thb OR option 3) 12 monthly foreign deposits into your Thai bank account of minimum 65.000 Thb. To explain it even more: Option 3: Every month you need to show a minimum deposit into your Thai bank account and this money has to come from abroad, easy way is just tell you foreign bank to send money into your Thai bank. Harder way is using cheap options like transferwise, as this depends on your bank, sometimes it comes with the International transfer code and sometimes it comes with a national transfer code. This page is not for how do I get the International transfer code every month on my deposit into my account, you sit down with your bank to discuss the possibilities and you can visit your Immigration Office if using all kind of cheaper ways to bring money into Thailand but not being noticed as International transfer is according their requirements. This page is for Visa advice, we can not tell you if your Immigration Office accept the way you do your banking.

6 years ago

Joe ***********

ORIGINAL POSTER

Bill - many people have asked this legitimate question relative to extensions of stay. But all those people just must not be as intelligent as you. In these cases it has not been a matter of people getting an answer they want - they just want more input as to a correct path - a correct method - or where does the answer lie. All Visa and Extension questions could be answered by Googling making your quip meaningless.

6 years ago

Bill *********

I suggest you consult your local immigration office or the Thai embassy in your home country to get your answer. Seeing as your response to me was what I call disrespectful (“But all those people just must not be as intelligent as you”) our communications are over. I expect one of the admins to close your post very soon. Good luck.

6 years ago

Reply to

Bill *********

Perhaps because A) they’ve answered this question at least 100 times already or B) you can easily find the answer yourself if you have some basic internet skills. Im sorry to be so blunt to you regarding my comment but I’m getting tired of seeing people admonish the admins on this page because they dont don’t get the answer they want or they get shut down.

@T**

@Rob***

and the rest of the crew help far more people than they disappoint, shut down or ignore. Please remember - this page is FREE for members and these guys have a limited amount of time to respond to the huge number of questions on here.

6 years ago

Joe ***********

ORIGINAL POSTER

John Cottee

6 years ago

Ian ******

Good point..

6 years ago

Reply to

Ian ******

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