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birddogger

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Posts posted by birddogger

  1. I've kept more than 800K in a Thai account for more than 8 years. Always considered it the cost of being allowed to live here. Is the next Immigration shoe to drop medical insurance? I'm covered on that as well but after 70 it's very expensive. If they don't rescind this latest rule and top it off with compulsory medical insurance there's going to be a bunch of cheap condos hitting the market.

    Sent from my SM-G965F using Thailand Forum - Thaivisa mobile app

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  2. As pointed out either on this forum or possibly another, this could be a requirement for NEW extensions of stay and possibly does not apply to those already under the current regulation. Similar to those fortunate enough to be under the older requirement for a smaller amount of bank deposit or monthly income. The new regulation requires 2 months of seasoning which is the same as the current first time so this could be additional requirements for new applicants. Certainly as with all regulations in Thailand there is nothing which occurs that time will not cure.

    Sent from my SM-G965F using Thailand Forum - Thaivisa mobile app

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  3. and 400K there at ALL times
    Which means an extra 325,000 using the bank deposit method over the 65,000 monthly income method (65,000 X 5) since the 800,000 which is supposed to prove sufficient funds for living in Thailand can't actually be used for support 5 months of the year. In addition half of the 800,000 support money can't be used at all and must remain in a bank account.

    I'm sure this makes sense to someone at the IO office as a method of solving a perceived problem with some retirees in Thailand but baby and bath water tossing might be at play here.

    Sent from my SM-G965F using Thailand Forum - Thaivisa mobile app

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