Another change for U.S. Citizens.

[Jingthing]

4 hours ago, moontang said:

average us ss check is 1350...Thailand requires 1950...throw in the masses that are here because it is cheap....more than half the letters are bogus..bought my first home here in 2006...always some in a panic when their currency declines...just as many have to fudge numbers for the marriage extensions.  Saying your income is 2000, when you have 1600 in costs may not be making a false statement, but it obviously goes against the spirit of the rules....and is even shadier than four guys using the same deposit.

That's what the COMBINATION method is for.

So if your income is 1350 monthly simply show about 270K baht in a Thai bank account seasoned for three months.

No need to lie.

Also I would say if you don't have that much in reserve funds you probably can't afford to live in Thailand indefinitely or anywhere else.

Edited September 10, 2018 by Jingthing

[chingmai331]

Some posters here say seasoned cash in the bank for 3 months, but others claim only 2 months needed.   Who knows the facts, if any exist?

[Jingthing]

Some posters here say seasoned cash in the bank for 3 months, but others claim only 2 months needed.   Who knows the facts, if any exist?

I do.
Its 60 days for the first extension and 90 for all subsequent ones.


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[amexpat]

3 hours ago, Jingthing said:

Also I would say if you don't have that much in reserve funds you probably can't afford to live in Thailand indefinitely or anywhere else.

So what do you recommend.  Head in the oven? Balcony dive?  Nowhere to run, nowhere to hide. 

[moontang]

13 minutes ago, amexpat said:

So what do you recommend.  Head in the oven? Balcony dive?  Nowhere to run, nowhere to hide. 

May I suggest a mission of martyrdom to the Board of Equalization in Suckramento?

[Jingthing]

1 hour ago, amexpat said:

So what do you recommend.  Head in the oven? Balcony dive?  Nowhere to run, nowhere to hide. 

I have no answers on such matters.

[amexpat]

2 hours ago, moontang said:

May I suggest a mission of martyrdom to the Board of Equalization in Suckramento?

Thailander, KhonKaenKowboy, what was the other name? 

[elephant45]

I think its obvious why they want 800k in the bank from old people teetering on their last breaths.

 

A day is coming when only tourists and high end long term retirees with lots of money will be allowed.

[EVENKEEL]

After reading a few pages here I see comments from folks who adequately well off enough to simply put the 800,000 in a Thai bank account and leave it. Financially speaking perhaps not the wisest, not sure of the interest the bank pays out. But, surely the easiest.

 

That's sort of what I plan on in a year or so when I stop working. If anything happens to me money goes to my GF the mother of my daughter. Just seems easier than having to stockpile bank receipts and all that.