2tall

If you are > 50 years of age, why do this when u can get a retirement visa for 800K THB bank deposit balance?

I have send an email message requesting costing details for an elite visa, have yet to receive any response from them. I question their veracity.

4 minutes ago, yodsak said:

Depends which office you use

what does?

the 3 stooges puffin out their bird like chests in the above pic put more emphasis on spouting off on how stupid they are with budda alcohol bans than they do for cop killers (red bull cop killer).

What a pathetic bunch.

A different tack here, but, anyways what are the likely scenario and options for retirement extension renewal if applicant fails to maintain the minimum bank balance of 400,000 Baht? I see this requirement becoming "watered down" significantly and just eliminated soon!

I maintain 3 passports (all different countries), one is Thai. Keeping all 3 is simple, no issues.

6 hours ago, Time Traveller said:

The thing is, Income is a very subjective term as is really depends up each countries laws over what is considered income. For example, selling investments in many countries is considered income as the sale of an asset is considered a Taxable event. 

The problem is Thailand immigration are morons. The only way effective way to determine someone's income is a copy of their individual tax filing because lying on that has serious legal ramifications. Immigration would save so many headaches and wasted time if they just required every applicant for extension of stay to show their tax returns.

 

Yes, show the tax return...the one I fudged up...full of make belief or the one that needs to be "certified" by the UK/USA/Au et al embassies that don't do certifications?

why is this even news? This dude a shareholder in this website?

On 3/9/2019 at 9:23 PM, DrJack54 said:

First of all the following is not made up story. I travel a LOT. Even on your suggestion ...i need to trot off to imm immediately after return. On April 1 I need fly au. I fly back bkk April 23. 7.30pm. April 24, I fly Osaka mid afternoon. etc etc. When the "F" do I take bank book to imm. Most of my year is similar. Retirement does not mean living in boom docks village for the year.

Why the "F" do you need a retirement extension and all the paperwork , reporting , etc if you travel so frequently...throughout the year and remain in the country less than XX (30) days??

It appears that possibly this "return date" portion of the document is not part of the actual immigration order but rather an added after thought by policeman joe there... for whatever self serving reasons are under consideration.

Nowhere in the doc does it state any requirements to return to immigration for a bank-book/balance update, only at the end of the doc, outside the rule box, its official nature as part of the amended immigration rule(s) thus is questionable.

they just increased it.... with the new rule requiring minimum balance before and now after extensions. Its just another way of increasing the required cash/spending in thailand.

every local Thai bank I have used since 1999.

you will then be directed to khao san lu or some other such specialized marketplace and purchase a medical insurance policy for a couple hundred baht and all will be good.

2 hours ago, billsmart said:

Oops! You are right, sorry. Here is the document I was given Friday...

Retirement Visa Rules 2020.pdf 640.14 kB · 38 downloads

Item 5, bank docs MUST be updated "the day of visa execution", this would have to mean the date of application, me assumes, otherwise the application would be rejected? Or, must the bank docs be updated and submitted to immigration when visa / extension is available for pick up?

First time application: "First-Time application for a 1 year extension to a Retirement Visa will need to show 800,000 Thai Baht in a Thai Bank for first 3 months of the extension"

Anyone know what rules apply for all subsequent applications?

What is meant by "permission" in this statement:

The alien can withdraw the fund 3 months after being granted permission and the remaining balance must be no less than THB 400,00 or;

Do I now need "permission" to withdraw my funds after waiting 3 months?

how difficult is it transfer 800K out of a Thai bank to a foreign bank?

My understanding of the deadline/dates for bank balance (min 800K THB) for an extension was/is 3 months, not 2 months as indicated in the post by thaivisa news:

"The requirements for a retirement extension according to the new police order are as follows:  
(1) Must have been granted a non-immigrant visa (Non-Im)
(2) Must be 50 years of age or over
(3)  Must have evidence of having income of no less than THB 65,000 or;
(4) At least 2 months prior to filing date, and at least 3 months after being granted permission, the alien must have fund deposited in a bank in Thailand of no less than THB 800,000. The alien can withdraw the fund 3 months after being granted permission and the remaining balance must be no less than THB 400,00 or; "

I also further understand the funds must be in a thai bank for 2 months for the first retirement visa application.

Am I missing something here?

Close the account (or not), but take ALL your money and move it out of the reach of the thai's, manage your money-dont let the leeches do it for you!

Nervous appearance ALWAYS gets 2ndary inspection.

If, you enter thailand with a tourist visa or whatever its called, AND you log in to your company work email with your device(s), would that constitute "working illegally" in Thailand? Most likely answer is a resounding no, even for the yahoo's in charge of immigration crimes, (but lets not assume they are so switched on).

AND, if while checking your email you respond to them, corresponding with colleagues, is this considered working illegally in Thailand? Most likely no and impossible to detect and/or enforce.

So, in summation, hardly worth concerning yourself unless you openly and brazenly flaunt your efforts for all to see and get "in the face" of someone who actually might give a crap about your business.