chang50

So I did my annual retirement extension February..not given any form to return in 90 days.90 days up on May 11th.Do I go to Jomtien with updated bank book and passport or just let it go till 2021?

Just made 2 withdrawls in Pattaya kasikorn and krungthai totalling 30k no problems..

On 2/26/2020 at 6:18 PM, Paul DS said:

I'm surprised, I've been getting stuff from China etc via ali Express, Lazada and     E Bay, no problem this month etc?

 

Once in a while I think somethings missing, I go down to Banglamung Post office, go upstairs and ask, hey presto, next day delivered! By an apologetic postman. 

(Beware though of any FedEx or DHL deliveries...import duty rip off)

Good to know.Do you take ID and info. about what is missing?

Here in Pattaya I've been having a few problems with mail from the UK...missing bank statement and card reader.Hard to judge when something is definitely not going to arrive as the post service is so erratic.'Sigh'

57 minutes ago, Jaxxper said:

A good friend of mine renewed his last week using the 800k method and he was not asked to return in 90 days to demonstrate he still maintained at least that balance over that time. Looks like a piece of red tape has disappeared from Jomtien.

Same as me let's hope you are correct..

On 2/15/2020 at 12:23 PM, Jingthing said:

I'm going to go out on a limb now.

 

There have been numerous reports of RECENT 800K baht based retirement extension Jomtien applications NOT being given the report back order to show money after 90 days form.

 

There have NOT been any very recent reports of them giving out that order in such cases.

 

Thus I think it's fair and reasonable to respond as follows:

 

Assume the 90 day show money thing is over at Jomtien

 

Assume the underlying rules of money seasoning, before and after extensions are what they are nationally. Two months before 800K, three months after 800K, after that 400K.

Assume they will need proof that you met those rules upon the next extension application.

 

Suggest people NOT ask about coming back for the 90 day show money thing when they are not given the formal order.

 

Worse case scenario in my opinion is that at next extension they say you missed that report. So then what, you can say I didn't receive an order to do it and you can see in my paperwork that I met ALL seasoning requirements

 

If I turn out to be wrong, oh well.

That sounds reasonable given their reluctance to keep us informed or answer questions..

2 hours ago, Max69xl said:

Jomtien Immigration have forgotten to hand over the note with the date for the "90 days check" many times since the new requirements from March 1 2019. When you picked up the passport wasn't the sign still visible at desk 8? 

Never saw any signs..

15 minutes ago, twix38 said:

Possibly for this reason?

I went jomtien immigration yesterday to do annual retirement visa and I fly back to uk next week for iro 8 months. I said I would be unable to do the 90 day bank reporting and IO told me I did not need to anyway. I asked why and told that it was  because I had a  year fixed deposit account and not need to do it when fixed account.

33 minutes ago, Guderian said:

I did the extension two months ago and was told when I collected my passport the next day to come back in 3 months with copies of the usual passport pages plus a copy of my updated passbook. I asked the guy for a form showing what to bring and when but he just waved me away. It would be stupid not to do the 3-month bank book report, but I got the impression that they don't seem terribly interested in it.

Would the usual passport pages be the same as for the extension?If someone has the form could they please post it?

4 hours ago, jacko45k said:

I had to ask and then she gave me a date (a Sunday), but no slip. They appear to be losing interest or relaxing on a requirement they fabricated themselves. 

Tried phoning them 2 different numbers no answer to one and line busy the second..

35 minutes ago, MeaMaximaCulpa said:

"Me too"!

 

I was also there today to pick up passport (retirement ext.). No form, no mention. And I did not ask.

 

Happily ignorant, and I just keep all the money there at all times.

Cheers sounds likes a plan.

1 minute ago, Jingthing said:

Not saying you should call because maybe you just got lucky. 

But if you do call please let us know what they say. 

Of course the bank rules still are in effect but dropping the show money thing would still be welcome. 

Very welcome I've never had to show money as the rules started in March 2019.Naturally I will keep TV posted.

1 minute ago, glegolo said:

Dont worry they will catch up in time... Wait for your next time you apply next year, THEN they will check you, and if the money havent been there they might refuse your new extension next year. So just play safe and let the money stay where they are.

 

glegolo

No worries I have no intention of going below the specified amounts that would be reckless.

4 minutes ago, Jingthing said:

Possibly. 

But then again if you had asked about it they may have given you the form. 

Welcome to another grey area of Thai immigration.

The next guy this happens to might want to put his neck out and ask. 

That might be the only way we can get a better idea of whether or not they changed their policy. 

For what's its worth I did my show money report recently and they did look it over and staple all the copies together but no receipt. 

To be honest I totally forgot about it until I got home.Probably phone in the morning to clarify..

2 minutes ago, petermik said:

News to me...did you not get a paper of when to return and what documents to produce?

Nothing just gave me back my passport.

Went to collect passport today with my new one year extension.No mention of coming back in 3 months with proof I still have 800k in the bank.Is this no longer required?

What is the procedure if your report date falls on a weekend or holiday?

4 hours ago, saengd said:

Your UK pension will incur a receiving charge by Kasikorn in Thailand, typically under 500 baht, but only if the pension is received by them in a foreign currency. If your UK bank transfers THB to Thailand, there will be no receiving charge. The exchange rate is nearly always better in Thailand than it is in the UK, all fees considered. An exception to that rule appears to be the UK State Pension which can be converted to THB at a favorable rate.

Thanks for the info.

50 minutes ago, Moonlover said:

I can't speak for your private pension of course but I can tell you about the state pension. Yes it can be paid directly into a local bank account. It is handled by Citicorp and the exchange rates a quite favourable due to bulk handling. There is a small handling fee for the service. (2 or 3 GBP if I remember rightly)

 

The receiving bank does not impose a charge. Also, contrary to earlier information, it can only be paid in local currency, not sterling. See website below for info.

 

TransferWise has also been mentioned. This is an alternative method which I switched to about a year ago. You can have your pension(s) paid into an account with them and you arrange the transfer to suit you.

 

I did some number crunching on this and there is little difference in the received sum between the 2 methods. This can be useful if you receive multiple pensions. (I have 3) All mine are paid into TransferWise and then I make one transfer a month. It's easier when it comes to presenting my monthly incomes to Immigration. See T/W website below.

 

https://www.gov.uk/state-pension-if-you-retire-abroad

 

https://transferwise.com

 

 

 

Thank you I already use Transferwise i will look into that.

41 minutes ago, sandrabbit said:

I bank with Kasikorn but I'm not of pensionable age yet but in the past if I sent money from a halifax account I would get charged in the UK plus <deleted> exchange rate then get charged by Kasikorn here as well. I use an fx company now and what I agree to contractually (when I press the go button on the computer) in UK is the what I would receive here. My friend before he died got his pensions sent here (can't remember which bank) and he would send it straight from his government pension in pounds to the bank here and I've heard a few others say to send it direct but in pounds, don't exchange it in the UK. I'm sure you will get better advice in the morning when people get up.

Thanks.

Hi..I currently have a UK company pension paid into a UK Bank which I am thinking about having paid into my Kasikorn account.Will I incur any charges here in Thailand from Kasikorn for this service?Also for when I qualify in a couple of years does anyone know if a UK state pension paid into Kasikorn incurs charges also?Thanks.

3 hours ago, Jip99 said:

 

In this world of obstacles it is sometimes hard to accept that HMPO have a very relaxed approach to this - they are not trying to catch anybody out; if you present almost anything with your name and address on you are home and dry.

Good to know thank you.

I have had a feeling for quite some time and I could be hopelessly wrong here but i reckon the powers that be aren't going to let us leave.They never thought the electorate would be stupid enough to vote leave and now it must be stopped at all costs.

The real tragedy of the current exchange rate is that it is mostly down to a self inflicted wound..the madness commonly referred to as Brexit.And to compound it all I have a sneaking suspicion that the powers that be won't even allow us to finally leave so it could turn out to be all for nothing.It all shows that democracy will never rise above 'the least worst system'.