@Steven **********
Clause 7 is the mixed income method, where the savings + income = 800K THB.
>Does that mean 1 year of bank statement showing an annual income of (the equivalent of) Baht 800,000? (When not depositing 800,000B and depending on the 65,000B/month method)
No, it means you'll show one year of bank statements showing you have deposits and savings that total up to 800K THB.
> “A letter of guarantee from the local or overseas Embassy or Consulate that proving the monthly pension of the Applicant..”
That would be the embassy letters showing a person has income of at least 65K THB.
>Is that why the 1 year of statements are required?
If a person can get an embassy letter, they can not use the income method. I do not know if they are able to use the mix income+savings method.