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Answered3 years ago

What is the process for switching from the 800k THB method to the 65k THB monthly transfers for a retirement visa in Thailand?

Russell *******
asked Sep 21, 2023
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Switching from 800k / year to 65k per month for retirement visa

I’m 6 months into my first 1 year extension of my retirement visa using the 800k deposit method.

What would be the timing in terms of starting the monthly deposits if I wanted to switch to the 65k per month method.
Answer summary
The user is inquiring about switching their retirement visa funding method in Thailand from the 800k THB deposit to 65k THB monthly transfers. It was noted by several respondents that to switch to the 65k monthly method, one must provide proof of 12 consecutive months of deposits prior to applying for their visa extension. Since the user is currently six months into their first-year extension, they missed the timing and would need to start making the monthly transfers about 13 months before their next application to meet the requirements for the following year.
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Ken ******
Ken ******
not sure if the recent policy about worldwide tax for tax resident starting early next year will have any impact? read about it in some local news media and social blogs like integrity legal youtubers, newton etc
จอนห์ *******
จอนห์ *******
Why not just ask at the immigration office where you will be applying to 🤷‍♂️ 🤦
John-Paul ******
John-Paul ******
Oh come on... every situation has different requirements.... call an agent and be done with the questions!
Brandon ************
Brandon ************
@John-Paul *****
why would you ask for advice from someone whose primary goal is taking your money?
John-Paul ******
John-Paul ******
@Bra****
o could take your opinion on. However I take.my car toa mechanic rather than doing the work myself out of ease and a wish to let someone else do the job while I sit on a beach. If it costs me money... well so what. No such thing as a free lunch and means I can enjoy my retirement. You have issues with that... so be it. But enjoy the time we have.
Brandon ************
Brandon ************
@John-Paul *****
mechanics provide a legal service.
Terary **********
Terary **********
Its 60,000 ? or 65,000 ?
Andi ***********
Andi ***********
Richard *********
Richard *********
Try TNT they fixed it for me
Stuart *********
Stuart *********
Richard *********
Richard *********
Tmt
Derek **********
Derek **********
Richard *********
Richard *********
@Derek *********
it's a visa service 1 between rawai and chalong
Brian ********
Brian ********
Try again next year.
Jim ***********
Jim ***********
Start 13 months BEFORE applying year extension. That's what I doing now
Roberto *********
Roberto *********
Unfortunately you've missed the window of engagement. You should have started the 65k transfers one month before your extension application, which means when the next application goes in, you already have 12 x 65k to show. Don't miss it this year!
Brandon ************
Brandon ************
You would have needed to start about 7 months ago if you wanted to use it for your next extension, so it's too late for that now.

You need to show 12 consecutive months of the transfers at the time you apply, not 12 months before your extension ends. Since most people apply earlier than their extension ends, it's an important distinction.

So if you want to switch for your extension in 2025, you should start doing the 65,000 baht transfers from abroad each calendar month starting in about 4 months from now.

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