monthly income method

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This page displays all the results for the monthly income method tag, sorted by the most recent activity. There are a total of 20 questions that have been tagged with monthly income method. Explore the questions to find discussions and information relevant to this topic.
Aug 14, 2024
3 months ago
Graham ********
ORIGINAL POSTER
Point of Difference:-

In early October I would have completed my first 3 months on the initial Non - O Retirement visa extension based on the 800,000 baht method.

I realise that, if needed, I can then "drop" that down to 400,000 baht. If, on the basis, that my subsequent 12 month extensions will be based on the monthly income method (minimum of 65,000 baht) each and every month for 12 (maybe 13) months, do I need to have the balance stand at 800,000 baht again 2-3 months before applying for the subsequent extension?

I know about all the eligibility banking requirement documentation in preparation for the lodgement of the T7 application.

I have already been transferring above the minimum amount of 65,000 baht each and every month for quite some time.

Regards!

Graham
Aug 11, 2024
3 months ago
Bob **********
ORIGINAL POSTER
Greetings all.

Can someone help with information on the steps of converting from a Marriage Extension (400,000B in the bank method) to a Retirement Extension (monthly income method). I have been trying to research this but have not had success.

Any help will be much appreciated.
Jul 12, 2024
4 months ago
John *********
ORIGINAL POSTER
I have been using the 800 000B deposit method for the last five years of visa renewal. I would now like to withdraw those funds after my recent renewal two weeks ago. I have for the last two years been running the monthly income method concurrently with this in mind. Am I safe to now withdraw those funds do you think and use the income method at next renewal. Many thanks in advance
Jun 13, 2024
5 months ago
Michael ********
ORIGINAL POSTER
I am currently on a non-O retirement visa. I started with the 800,000 in my Thai bank but have been making deposits of 65,000 or more every month without missing any month for a year now. My visa will need to be renewed in 90 days as I just did my 90 day reporting yesterday. Can I use the money in the bank and go below the 400,000 and switch to the required monthly deposits from my US bank when I apply for another year extension without an affidavit of proof of income? Hopefully I used the correct terminology.
Jun 1, 2024
6 months ago
Bjorn ********
ORIGINAL POSTER
I do have a Bangkok Bank account and i am looking to move to Thailand in a year or so as a retiree.

Is it possible for me to start transferring ฿65k each month to that account now, and during the year, use some of that money on regular tourist trips.

Then next summer apply for the “retirement visa” using the monthly income method right from the start?

I know that the common method is to get a regular ฿800 000 deposit to start the extension, but I cannot find any information if you already have proof of 12 month regular deposits to your Thai bank account, that this can be used as basis for your FIRST extension.
Nov 28, 2023
a year ago
Steve *******
ORIGINAL POSTER
I obtained a 90-day none O E visa from the Thai consulate in the UK.

My question is, can this be converted into an extension to stay (retirement visa). I can prove I have sent over more than 65000 baht for more than the last year of international transfer from the UK to my Thai bank account. Is this enough for immigration or do you need the 800,0000 baht in the bank for 2 months prior to applying.
Nov 6, 2023
a year ago
Dave *********
ORIGINAL POSTER
Sorry to ask as know this has been asked a thousand times before. Basically I would like to know if I still have to keep the 400,000baht in my account ( First application) or can I simply just use the 40,000 a month when applying for my marriage extension and remove the 400,000 from my account?
Jun 10, 2022
2 years ago
Jim ********
ORIGINAL POSTER
I will be renewing my retirement Visa for the second time and plan to use the monthly deposit of 60kB for proof of funds, as I no longer have a lump sum.

I have been depositing over 60kB to Bangkok Bank for over a year.

My question is, what proof do I need for immigration.
Mar 27, 2022
3 years ago
Mark *******
ORIGINAL POSTER
Hi all, read the following for O Visa "Incase of Income, provide a 12-month bank statement showing a regular monthly deposit of 65,000 Thai Baht into a Thai bank account and a certified bank letter by your Embassy in Thailand". How can you provide proof of 12mobtgs deposit in Thai bank if you've just arrived?
Nov 18, 2021
3 years ago
Tony ********
ORIGINAL POSTER
Due extension of stay based on retirement soon. I deal with Jomtien Imm and I use the monthly income method. For Jomtien, how many days before my visit can the bank monthly statement and bank letter be dated please?
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