What are the requirements for extending a retirement visa in Phuket using the monthly income method?

Dec 4, 2020
4 years ago
Richard ********
ORIGINAL POSTER
Questions regarding renewal of extension of stay based on retirement in Phuket for anyone with recent experience of doing this using the monthly income method: Firstly, does the bank letter differ in any way from the one they gave me last time when I used the 800k method? Secondly the PIV website mentions a letter from your embassy or consul - do they ask for this? I went there yesterday to ascertain their requirements but they were not forthcoming and just kept saying "bank letter." Any recent experience would be helpful. Thanks
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TLDR : Answer Summary
To extend your retirement visa in Phuket using the monthly income method, you will need two specific types of bank documentation: a standard bank letter and a printout of your international transfers over the last twelve months, both of which must be stamped. Additionally, for American citizens, the US embassy no longer provides income letters, so you may need a signed bank certificate instead. Immigration may review your documents to ensure consistency across your bank letter, passbook, and other submitted documentation.
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George *************
This is the relevant section regarding proof of monthly income from the Phuket Immigration Volunteer site for the Retirement Extension (if you are American and thus served by the US embassy which does not issue income letters any longer).

"The following proof of the overseas transfers are required: Signed and stamped bank certificate AND signed and stamped bank statement for the last 12 months and Copy of the bank book of the last 12 months.'

Tod above gives examples of exactly the letters you need. The stamped bank certificate (which proves you are the account holder of the account) is here:

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The above letter also shows the balance of the account on the date the letter was written. That detail is not really needed for proving the monthly income method but it is just a standard feature of this letter. This is one of the letters you need. Exactly this.

The other letter is the summary of monthly deposits which Tod has given an example of here from Bangkok Bank. Exactly this.

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The above is the other letter you need. Some banks may be unwilling to issue such a summary of monthly international transfers and in that case, you will just have to try to make do with a regular bank statement of 12 months duration. Obviously, the Immigration Officer prefers to look at a summary of 12 monthly transfers than dig through a year's worth of bank statement.

Finally, Phuket Immigration always likes to have you copy each page of your bank account passbook (sign each copied page) for the same 12 month period.

One of the things Immigration Officers do in Phuket is to make sure that all the numbers confirm each other. For instance, the balance listed in your bank letter should match an entry in your bank account book for the date the letter was written. Each monthly deposit listed in your summary bank letter should match to an entry (international transfer) in your bank passbook If all these checks confirm each other immigration gets a warm fuzzy feeling that your documentation is in order..

"
Tod *********
you need the print out that is stamped by the bank AND you need the "standard bank letter" too

The one that looks like this (that you get when you use banked money method)

You need BOTH the print out of transactions for the year and the bank letter.
Tod *********
When you're using monthly income method you need TWO bank letters :O The "regular" one ( the really short 5 or 6 line letter like you had when you used banked money method) AND then a print out from the bank listing all your international transfers for the previous 12 months
John ********
Remember, it has to indicate "international transfers" just sending money from your home country doesn't necessarily indicate this.
Richard ********
ORIGINAL POSTER
@Tod ********
I have a printout of all my transactions for the past 12 months that shows all transactions including incoming. Is that what you mean?
Bobby ********
Richard Joynes. Has to be a proper letter from the bank, advisably with a rubber stamp. Works wonders the old stamp in Thailand.
Tony ********
@Bobby *******
Go to the bank with your print outs and they will do a letter itemizing each month and stating they were IFTs. Letter headed notepaper, signed and stamped. 200B. Another 'guarantee' letter is also needed. I am due next week and I will get the letters from the bank in morning prior to my same day imm visit. All ok last year. Fingers always crossed of course!๐Ÿ˜„
Bobby ********
Tony Wilson. When you've got your letters can you post pictures of them please? Just scrub out your personal details. It's useful for people to see what exactly they need
Tod *********
@Bobby *******
Not all banks will do a letter itemizing just the international transfers which is why some just give you the print out of the year's transactions

BUT the itemized letter of incoming international transactions from a Bangkok Bank up in Chiang Mai looks like this
Bob **********
@Richard *******
you'll need a letter from your bank not a print out you do yourself
Richard ********
ORIGINAL POSTER
@Bob *********
It's a print out from the bank
Bob **********
@Richard *******
if you paid for it it should work but it must show funds from foreign transfer
Tod *********
The embassy letter is only for people whose consulate still issues the affidavit of income from abroad notary document, <- meaning UK, US, and Australia can't get it and they show monthly incoming international transfers
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