800k method

Showing 6 questions

This page displays all the results for the 800k method tag, sorted by the most recent activity. There are a total of 6 questions that have been tagged with 800k method. Explore the questions to find discussions and information relevant to this topic.
Nov 1, 2024
4 days ago
Barry ********
ORIGINAL POSTER
Edit: My IO is in Jomtiem.

Hello, my non o visa is due for extension on 10 December 2024, under the 800k method. My plan next year is to use the 65k per month when I renew on 10 December 2025. So my question is, if I want to change method, when do I need to make the first 65k transfer please ? My plan is to commence 65k transfers in November 2024 so by the time I try for extension in December 10 2025, I will have 12/13 monthly transfers to show. Does this work? Another question is, I intend to withdraw 400k, 3 months after my 2024/5 extension, do I have to keep 400k until 2 months before December 2025 when I change methods ? Do I put the other 400k back in 2 months before, so that when I change methods in December 2025, I have 800k and 12 months receipts for the 65k method? A long post sorry, I couldn’t see this in previous posts. Thanks
Jul 12, 2024
4 months ago
Walter *******
ORIGINAL POSTER
In addition to a posting earlier today, about switching from the 800K method to the 65K method, I wonder how this switch works for citizens of countries that still work with the affidavits.

My embassy still legalizes affidavits as proof of income. So I do not need to have monthly 65K transfers to Thailand. I only have to proof 65K income in my country.

So, I suppose that an affidavit, would be sufficient to switch from the 800K to the 65K method? Although I still would have to prove that I didn’t go under the 800K/400K limit during the past 12 months.

Or do I need 2 affidavits, one from a year earlier, and one from the moment that I want to switch? It was never clear to me if those affidavits are statements about past income (last year I earned …) or future income (to declare that your income during the next 12 months will be enough to pay for your stay in Thailand) .
May 30, 2024
5 months ago
Barry ********
ORIGINAL POSTER
Hello, I've been using the 800k method of applying for visa extension for 2 years and I'm midway through my latest year, using this method, no dramas. I have more than enough to cover the 800k which has remained untouched for 2 years but I would like to utilise this, rather than it sitting there looking at me, earning no interest. I have other rainy day money if needed for emergencies, thankfully. If I want to switch to the 65k method, can I start making these monthly income transfers now (May 2024) and switch to the 65k income method when I apply for my next extension in December 2024 or do I have to show 12 months worth of 65k transfers regardless of the 800k + I have in my Thai bank accounts. This would mean I could not apply to start the new method until December 2025. I know only immigration can tell me this, mine is in Jomtiem, so no need to mention this but looking for general advice about timing etc. Thanks
Jan 27, 2024
9 months ago
Hello all!

If you've previously renewed your retirement visa based on the 800,000 method, how do you transition to renewing using the 65,000 income method?

Is there a period when it's necessary to have both the 800,000 and the ongoing 65,000 in your Thai bank account?

Thank you!
Dec 16, 2021
3 years ago
Robby ************
ORIGINAL POSTER
Today I visit Jomtien Soi 5 to renew my extension of stay Non-O 50 up

This year I changed from embassy letter (Holland) to the 800 K method

As extra I needed to bring copy to proof my income next to the usual things, today extremely busy for me.
Nov 17, 2020
4 years ago
Mike *******
ORIGINAL POSTER
Last year, I used the 65k/monthly Income Method for my Retirement Extension. A lot of papers. The IO suggested I use the 800k Method as it was simpler, and only the bank balance proof and time limits was necessary. This was Nov 2019. I opened an account with KBank, and started depositing money monthly in order to have the 800K 3 months before my due date. I met the time limit with a month to spare.

Today I went to Samut Prakran Immigration with what I thought was all the correct documents. The desk clerk accepted my paperwork, but the approving officer said that I still needed proof of income source as before. I 'think' he explained that this was because I'm switching to the 800K Method for the first time ? I I believe I'm being told that to qualify I should have deposited 800K right after my last renewal was approved (Nov 2019) and ensure it was still 800k 3 months previous to my renewal now.

Apparently, next renewal won't need this proof.

I'm getting this through an interpreter so it's possible I'm not understanding 100%.

Can anyone clarify the procedure ? I was sure I understood what I needed to do, but now I'm confused.

Thanks
Previous page
Page 1 of 1
Next page