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

Question

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?

Ask Thailand · Answer

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.

Robert ******* · Answer

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.

Joe *********** · Answer

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.

Bill ********* · Answer

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.  [mention redacted], [mention redacted] 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.

Joe *********** · Answer

John Cottee

Ian ****** · Answer

Good point..

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

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