Hello everyone. Background - USA passport, O-A retirement, going for my 5th Extension of Stay late October 2019, previous financial proof method - bank 800K. I want to change to 65K monthly income combined with on-deposit account to supplement any short-falls. I will attain a bank letter showing international deposits dated from November 2018 to October 2019. The Bank statement will show a total income of just over 800K, However the statement will also show 1 month well below 65K and 2 months of no international deposits. This is due to a change of bank regulation that disallow money transfer, bank to bank, as I have done for the last 5 years. Therefore I have applied for my US Social Security payments to be sent directly to my new Thai Direct Deposit Account. Once established, I will be back on track. I can also provide a spread sheet showing the 2019-2020 income based on forecasted exchange rate for that forthcoming time period. I can also provide 2018 1099’s showing my overall income. Question – will the 800k + income be sufficient to qualify? Or will the disruption of deposits be enough to disqualify me from using the method this time? Thank you for your time.
TLDR : Answer Summary
The user is seeking advice on whether their financial documentation, showing a total income exceeding 800K THB, will be sufficient for their O-A retirement visa extension in Thailand. They express concerns about disruptions in their deposit history due to changes in bank regulations and are considering alternative income verification sources.
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