Income for retirement visa

[Pdavies99]

Hi,

An old friend of mine lives on his UK state pension of £142 weekly and some savings. He knows he needs 800k for qualifying retirement visa but needs to utilise his pension income by way of a letter from Bangkok consulate. If he does this how much cash would he need as a balance with income? And is it easy to get the letter etc from consulate .

 

Thanks for any help.

[MaeJoMTB]

If he's married  to a Thai, he can just buy a marriage VISA in Suvannakhet, Laos. No show of money or income required.

[banglay]

142 x 52 = 7384  =   321712.76 baht (at todays rate)   800000 - 321712.76    =    478288 baht is need in his bank account 90 days before his visa is due

[ubonjoe]

2 minutes ago, banglay said:

142 x 52 = 7384  =   321712.76 baht (at todays rate)   800000 - 321712.76    =    478288 baht is need in his bank account 90 days before his visa is due

If it is his first extension it only needs to be in the bank for 60 days. After that it is 3 months.

[DILLIGAD]

If it’s £142 after tax, they (BKK UK Embassy) allow you to use the sum before tax is deducted, BUT unlike some other countries, proof is required to back-up this figure.

 

 

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[Phuket Man]

He can apply to British Embassy by E Mail or Post.

They will require proof.

He should have a document from the pension people.

I think he can supply 3 months of bank statements as proof.

[Mattd]

20 minutes ago, DILLIGAD said:

If it’s £142 after tax, they (BKK UK Embassy) allow you to use the sum before tax is deducted, BUT unlike some other countries, proof is required to back-up this figure.

 

 

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If this is his only means of income in the UK, then it is below the personal allowance threshold for income tax.

[robertson468]

He should also have his letter from HM Government that will state how much he is paid every four weeks.  He should produce this to the Embassy and to do so needs to fill in the appropriate form which is on the Embassy Website.  Instead of iliciting information from TV Members would recommend that you log on to the British Embassy Bangkok Website.  All the answers are there

[Tanoshi]

3 hours ago, DILLIGAD said:

If it’s £142 after tax, they (BKK UK Embassy) allow you to use the sum before tax is deducted, BUT unlike some other countries, proof is required to back-up this figure.

 

 

Sent from my iPhone using Tapatalk

 

 

Personal tax allowance is £11,000 pa for a single person in the UK.

 

The £142 is gross, no tax deductible.

[gmac]

3 hours ago, ubonjoe said:

If it is his first extension it only needs to be in the bank for 60 days. After that it is 3 months.

Is this true?  I was under the impression that seasoning was not required for the combination method.  Are requirements different in different offices? (I use Jomtien)

[DILLIGAD]

Is this true?  I was under the impression that seasoning was not required for the combination method.  Are requirements different in different offices? (I use Jomtien)

Very. Plus for different officers and days of the week. Unfortunetly, we are at their mercy.


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[superal]

5 hours ago, MaeJoMTB said:

If he's married  to a Thai, he can just buy a marriage VISA in Suvannakhet, Laos. No show of money or income required.

Have a friend in a similar position , so how much is the visa in Laos please ?

[Anon999]

4 hours ago, DILLIGAD said:

If it’s £142 after tax, they (BKK UK Embassy) allow you to use the sum before tax is deducted, BUT unlike some other countries, proof is required to back-up this figure.

 

 

Sent from my iPhone using Tapatalk

 

 

On that level of income he shouldn't be paying tax and will have no need to complete a tax return. Not to mention that the State Pension is always paid gross. 

[BritTim]

19 minutes ago, superal said:

Have a friend in a similar position , so how much is the visa in Laos please ?

A one-year multiple entry Non O costs 5,000 baht at the Savannakhet consulate. Requires border hops every 90 days (or 150 days if each entry is extended by 60 days for 1,900 baht as is possible).

[JohnC]

Reports coming out of Immigration in Jomtien state with combination income seasoning is now required.

[superal]

1 minute ago, BritTim said:

A one-year multiple entry Non O costs 5,000 baht at the Savannakhet consulate. Requires border hops every 90 days (or 150 days if each entry is extended by 60 days for 1,900 baht as is possible).

Many thanks , I will pass it on 

[MaeJoMTB]

38 minutes ago, superal said:

Have a friend in a similar position , so how much is the visa in Laos please ?

5,000bht and lasts for 1 years so  you can manage 5x 90 day entries (15 months).

[HHTel]

1 hour ago, Tanoshi said:

Personal tax allowance is £11,000 pa for a single person in the UK.

 

The £142 is gross, no tax deductible.

11,500.  Do keep up!

[jacko45k]

12 hours ago, DILLIGAD said:

If it’s £142 after tax, they (BKK UK Embassy) allow you to use the sum before tax is deducted, BUT unlike some other countries, proof is required to back-up this figure.

 

 

Sent from my iPhone using Tapatalk

 

 

If that is his only income it is below the threshold for UK income tax.

[Tanoshi]

10 hours ago, HHTel said:

11,500.  Do keep up!

Your correct, it was increased in April 2017, not that it makes any difference for the OP.

[Tanoshi]

11 hours ago, MaeJoMTB said:

5,000bht and lasts for 1 years so  you can manage 5x 90 day entries (15 months).

Only needs to do 3 entries and get 17 months if he uses it to it's potential.

90 days + 60 day extension = 150 days.

Border hop, 90 days + 60 day extension = 300 days.

Border hop, 64 days = 364 days

Border hop 90 days + 60 day extension = 514 days.

 

[MaeJoMTB]

15 minutes ago, Tanoshi said:

Only needs to do 3 entries and get 17 months if he uses it to it's potential.

90 days + 60 day extension = 150 days.

Border hop, 90 days + 60 day extension = 300 days.

Border hop, 64 days = 364 days

Border hop 90 days + 60 day extension = 514 days.

 

Why waste 1,900bht on extensions, Burma border crossing is only $10

[ubonjoe]

3 minutes ago, MaeJoMTB said:

Why waste 1,900bht on extensions, Burma border crossing is only $10

Sure that would be true if you were living near that border. Not very practical for many people.

How much would it cost for somebody to travel to the Myanmar border from here in Isaan.

[MaeJoMTB]

4 minutes ago, ubonjoe said:

Sure that would be true if you were living near that border. Not very practical for many people.

How much would it cost for somebody to travel to the Myanmar border from here in Isaan.

Laos is $35, Cambodia $30, still cheaper than 1,900bht.

I did the gambling van from Korat to Cambodia once, free van trip if I visited the casino.

[Tanoshi]

2 minutes ago, MaeJoMTB said:

Laos is $35, Cambodia $30, still cheaper than 1,900bht.

When factored in with the cost of fuel and a day spent travelling, I know which option I'd prefer.

 

 

[MaeJoMTB]

2 minutes ago, Tanoshi said:

When factored in with the cost of fuel and a day spent travelling, I know which option I'd prefer.

Op is retired, like me, we have plenty of free time.

[gmac]

13 hours ago, JohnC said:

Reports coming out of Immigration in Jomtien state with combination income seasoning is now required.

Thanks that's useful to know.  Planning to use that method next time and although I was already thinking of topping the balance up early I will now make sure that I do.

[superal]

On 11/7/2017 at 9:39 PM, BritTim said:

A one-year multiple entry Non O costs 5,000 baht at the Savannakhet consulate. Requires border hops every 90 days (or 150 days if each entry is extended by 60 days for 1,900 baht as is possible).

Hi Tim ,

          Also have a friend who is married to a Thai lady so would you know the info on costs for a marriage visa / is proof of funds needed ? Your help very much appreciated .

[ubonjoe]

11 minutes ago, superal said:

Also have a friend who is married to a Thai lady so would you know the info on costs for a marriage visa / is proof of funds needed ? Your help very much appreciated .

No financial proof is needed to apply for a multiple entry non-o visa based upon marriage at Savannakhet.