Answered2 years ago

What documentation is required for the non-immigrant O retirement visa extension using bank deposits and pension income in Thailand?

Non-immigrant O visa Retirement visa Visa extension requirements Pension income documentation Bank deposit proof Thailand immigration laws

Giuseppe ***********

asked Feb 18, 2025

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Good morning.

To obtain the non-immigrant O retirement visa annual extension using the sum of the bank deposit and pension income, is required a sort of income certificate, but it's not clear to me, I need to find precise and reliable information on which documentation must be shown to demonstrate the requirements (again: the sum of the pension income and financial deposit that reaches a total of 800,000 baht). 

In addition to the obvious bank statement, I don't exactly understand what must be shown regarding the pension income and where, a possible document, can be requested.

Thanks for the help, it will be precious as usual.  🙏

Answer summary

To obtain a non-immigrant O retirement visa extension in Thailand using the combination method of a bank deposit and pension income, it is essential to demonstrate an accumulated total of 800,000 baht. This can include documentation such as bank statements and pension income certificates. While you need a bank statement showing a minimum of 400,000 baht, the remaining amount can be evidenced either through monthly international fund transfers or an affidavit of income from your embassy. It's crucial to know that not every immigration office in Thailand may accept the combination method, and precise requirements can vary.

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Tod *********

Sadly, it is one of the most difficult ways to show proof of funds for a retirement extension

First keep in mind even though the "combination method" is a valid means to show proof of funds in the immigration rules for extensions based on retirement not every office allows you to do it (and there's nothing you can really do if they say no 🙁 )

Some offices that allow it require 400K baht banked (meaning 50% of the banked money requirement) 😮

There are two ways you could show the rest of the money via monthly income;

1 - transfer in from internationally the same amount, each month, every month for the previous 12 months so that when those transfers are combined with the banked money it totals 800K

example bank 200k <- transfer in a minimum of 50K baht each month every month for the previous 12 months. (12X50k=600K+200K=800K)

example bank 400k <- transfer in a minimum of 34K (about) each month, every month for the previous 12 months. (12X33,500K=402K+400K=802K

2 - IF your embassy issues the affidavit of income from abroad you'd use that notary letter to show you get the monthly income.

Remember you have to total 800K baht for the year with banked money and either the embassy letter or the monthly transfers <- AND on monthly transfers they will not count each one separately 😮 they will find the transfer that had the least amount transferred in during the year and use that times 12 to get the income by transfer amount.

Also all transfers have to show as international origin

2 years ago

John ********

@Tod ********

❓ if you use the combination method, I presume it possibly means a person doesn't have the 800k THB to deposit in a Thai account, so if that is the case and say they deposit 450,000 THB, then you'd need to show that you have transferred at least 350,000 THB for at least twelve months into the same account, that means that you could only apply for a three month non-O initially, then even if you had documented proof of 350,000÷12=29,000 THB a month, you could not get a twelve month extension until the initial year had passed. If that is correct, the combination method seems nonsense. 🤔

2 years ago

Tod *********

@John *******

Unless your embassy issues the income affidavit notary letter you can't get a Non-O or the first year extension on the combo method. You HAVE to use banked money method for them

2 years ago

Giuseppe ***********

@Tod ********

Thanks Tod, your answer is thorough and clear, as usual. I understand that it's gonna be like a mountain to climb and I'm not sure having the strength to do it. 🙏

2 years ago

Tod *********

@Giuseppe **********

well definitely go TALK to your immigration office well before you are even going to attempt this endeavor, because nothing worse than you getting everything ready and them saying you can't do it, (which could leave you high and dry visa/extension wise)

2 years ago

Giuseppe ***********

@Tod ********

totally agree. Thank you again.

2 years ago

Tod *********

One more thing the banked money portion of this "combo-method" proof of funds has the 'regular seasoning' requirement

you need the banked money to be in the account for 2 months before you apply, it needs to stay in the account for 3 months after the extension is issued and then you can't let the balance go below 50% of the amount you banked to get the extension for the rest of the year

2 years ago

SK *******

@Tod ********

So 800k deposited in to account inside Thailand is not good! How do you go about making it from outside Thailand! WISE transfers are good enough? Another problem is getting a bank to open an account. There must be a way to start this process.

2 years ago

Tod *********

@SK ******

no 800K baht in a thai account is the way you can show all banked money method of proof of funds for a retirement extension. It's a fine method to use

This topic was about using a combination of banked money method and monthly income method to get the extension

2 years ago