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Marty ********
This is a summary of
Marty ********
's contributions to the platform. They have posed 11 questions and added 1357 comments.

QUESTIONS

COMMENTS

Marty *********
@Stephen ********
There are several different visa that retirees can use to live in Thailand. They have different financial requirements and different structures and benefits. The O visa, described by Brandon, is the most popular retirement visa and has not changed in many years. Some of the other visas are targeted towards wealthier expats.
Marty *********
You should look at the Elite Visa program and the visas offered through the Thailand Board of Investment (BOI). Either way you will be paying a fairly large sum of money for a long term visa (not permanent)

I’m guessing they will want you to pay with real money.
Marty *********
If you have your money in the bank there is no need or advantage to doing a border bounce.

If you need to synchronize your insurance with your extension dates then talk with your insurance company.
Marty *********
Go 30 days ahead of time. Give yourself time to get whatever you are missing and return later.
Marty *********
@Simon ********
For the monthly method my understanding is that your 1 year Thai bank statement must show that you have deposited at least 65,000฿ each of the previous 12 months into your Thai bank. The deposits have to show that they originated outside Thailand.

I believe you have to use the 800,000฿ deposit method for the first year extension and then you can use that year to establish a record of monthly deposits
Marty *********
@Simon ********
Also, by verification letter, I mean what is often called the bank letter which just states that you have a valid account, the account number, and the account balance at the time of the letter. It doesn’t address something like monthly income.
Marty *********
@Simon ********
Several major embassies, including the US, stopped issuing income verification affidavits in 2019. Since then you get a account verification letter from the bank and a 1 year bank statement plus your bank book with a same day transaction. You don’t need anything from the US embassy to get a 1 year extension at Bangkok Immigration
Marty *********
@Matt ******
Yes. You remain a tax resident because of the property.
Marty *********
@Ian ******
Also, at the time, my drivers license didn’t have my correct address. It helps to have a photo ID with your correct address.