monthly income requirements

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This page displays all the results for the Monthly income requirements tag, sorted by the most recent activity. There are a total of 3 questions that have been tagged with Monthly income requirements. Explore the questions to find discussions and information relevant to this topic.
Feb 14, 2024
9 months ago
Sophia ******
ORIGINAL POSTER
I'll apply for some kind of retirement visa for October 2024 so I need to know how many MONTHS of statements I have to show the required monthly income/combined with pension in my US bank account because I'm starting a new online business venture and it will take a while to build up.

And I have read so many sites, including government ones, that are vague or contradict each other about whether it's JUST the monthly income that would suffice or if depositing $20,000ish USD is required ALSO?

So essentially is it AND or OR?

I'm really not interested in putting that much in a Thai bank when I have my business in the US and pay all my bills through my US Bank and I've heard many times it's a real hassle to even open an account before you have the visa, so it's a catch 22.

Apparently there are new tax laws too which I'm also confused reading. I have a small social security and some $ from my online counseling business which already gets taxed by California State and Federal so I definitely don't want to pay another country too when I'm already financially challenged for many reasons (no insults or preaching about that please).

Many countries change rules quickly, so I'm checking for 2024. And the majority of countries are making it increasingly harder to retire there. I've lived in Mexico and other countries and Mexico's income requirements are insanely high now!!

Any site links that are extremely clear and reliable would be helpful too, so I can stay updated. Thanks much.
Aug 22, 2023
a year ago
Lars ********
ORIGINAL POSTER
I have applied for a METV. One of the required documents is one for Financial evidence: amount not less than THB 60.000. I thought this was a very low amount. After I submitted the application, I read on the Thai Embassy in Denmarks website, that the amount was DKK 45.000 (225.000 THB).

I am now asked for further documents - maybe because my statement was in between the two figures. But now I have to document monthly income of no less than 70.000 THB after taxes. This is a problem, as I have no income when going.

Did some of you have a simular experience? Does anyone know the correct amount of money needed for this visa? Not sure how to proceed with this.
Jun 27, 2023
a year ago
Carina *********
ORIGINAL POSTER
Hi, currently on a Non O visa- Retirement of 800 bht on thai bank, how to switch to 65k monthly income for the yearly extention?
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