Evening group. Has anyone had issues with the 65,000 Thai Baht monthly deposit method to renew your retirement visa? I have my Retirement Visa and have since been depositing over 65k baht into my thai bank account since having my Visa.
Has anyone had issue with renewing the retirement visa with this method at Phuket immigration?
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TLDR : Answer Summary
The discussion revolves around the challenges and requirements for renewing a retirement visa in Thailand, specifically through the method of depositing 65,000 Baht monthly into a bank account. Key points include the necessity of maintaining consistent monthly transfers for the previous 12 months, the alternative requirement of keeping a minimum of 800,000 Baht in the bank for the first three months of the extension, and the possibility of needing to revert to the higher deposit method if complications arise during renewal. Participants suggest consulting an agent for assistance to mitigate stress related to immigration processes.
NON-O RETIREMENT VISA RESOURCES / SERVICES
Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
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Non O, you had your first EOS after 90 days. You choose 800k deposit in your Thai bank account ?
If so, you need to keep 800k during 3 months after the emission of EOS and don't drop below 400k after (this are the requirements for your actual EOS if used 800k method).
If initial non O-A Visa, you can use the 65k method.
Graham Seal So you're saying put 800k in he bank for say 3 months, get the 12 month extension but during that 12 month extension, don't drop the balance below 800k for 3 months or below 400k for the last 9 months but after that, providing you're on the 65k route, you can forget about the bank balance, around 15 months after you first put the 800k in the bank ?
Andy Johnston even if you switch from deposit method to the 12-months transfer method, you should make sure that on the day you apply for the annual 1-year extension of the stay permit based on retirement, you have had the minimum of 800,000 THB back in your Thai bank account for the last 2 months. Just in case something goes haywire. Or just in case an Immigration officer will want to see that you fulfilled the upkeep rules until the day your extension expires. Only after you get the next 1-year extension of stay permit issued, you can remove the 800K deposit from the account and keep on transferring month for month
Assuming you hold a passport from a country whose embassy doesn't provide an income certificate you shouldn't have any problem assuming you have overseas transfers of a minimum of 65k baht each month for the full 12 months prior to applying. Miss a month or be a baht short then you will have an issue
Deposit? Transfer? The money must be wired in x 12. It’s a different three digit code on bank printouts. I don’t know any other acceptable route other than wire from external bank.
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