Jump to content

Australia joins the UK and USA with withdrawal of income verification


Recommended Posts

2 hours ago, mfd101 said:

If you don't mind me expanding on that (so that noone can be in doubt): $A849 x 26 = $A22074p.a. = $A1839 per month. At currently around 23.5฿ to $A, that = 43228฿ per month. Which is way less than required by Thai Immigration.

Let me expand on that as well. If you multiply the 43,228B by 12 you will have 518,736B per year and if you use the combination system which many are forgetting about you need 800,000B in the bank but if you subtract the 518,736B income per year then you only need 300,000B in the bank. A lot of people on here are saying that the pension does not meet the requirements but they are forgetting the combination system.

  • Like 1
Link to comment
Share on other sites

2 hours ago, Old Croc said:

Multiply fortnightly income by 26 then divide by 12 for the monthly amount.  At 23 baht to the dollar that's a bit over 42,000.

Enough for the marriage visa requirements, to which I think Will was referring, but well short of the requirements for retirees.

Not if you are Married to a Non Australian EG Thai the Pension drops to Roughly $630 pfn  or in Baht terms 

1,260AUD =30,001.77THB  the basic pension is not enough unless centrelink does not know and that is a different issue 

Link to comment
Share on other sites

I travel back to the UK every year and obtain an multi entry  'O' visa, The requirements now are over 50 years of age and prove an income of £1200 per month or if over 65 you can show proof of a Government pension. Prior to this you had to prove an income of £900 per month. The visa fee used to be £75 and is now £125.

They will only accept cash payment at the Embassy and if applying by post only Postal Orders are accepted which increases the cost by another £30+ with the postage.

  • Like 1
Link to comment
Share on other sites

4 hours ago, ubonjoe said:

I've been expecting it for a couple years now, but it'll happen because they want you gone.

Not necessarily could be their efforts to weed out ones that really 

abused the letter with income that is low and perhaps doing something illegal to survive. 

 

We cant always think their out to get us. When I totally retire 

it could be a stretch although minor. Hopefully they’ll clean 

up those they’re targeting.

 

Come back and say ok mission accomplished here’s some new requirements that are favorable for those of you that show you

like it here and show it. 

 

I know I’m dreaming but one can only hope! And to break the ice some beautiful cars...

 

 

 

 

 

 

3F33F100-2868-461A-9EF0-5BA2B3D0022E.jpeg

Link to comment
Share on other sites

4 hours ago, giddyup said:

It's designed to force expats to actually prove they can meet the financial criteria instead of signing a possibly fraudulent stat dec.

Exactly --- they want the lying riff-raff gone

  • Like 1
Link to comment
Share on other sites

2 minutes ago, Ban Phe Dezza said:

Not if you are Married to a Non Australian EG Thai the Pension drops to Roughly $630 pfn  or in Baht terms 

1,260AUD =30,001.77THB  the basic pension is not enough unless centrelink does not know and that is a different issue 

Yep, I am married and it does not even come close. If retired, does not even come close and immigration knows it. Combo method cannot be used if married. You will need to show interest or dividends to meet the slack if married. Easiest method is keeping 400K in a bank.

  • Like 1
Link to comment
Share on other sites

4 hours ago, ezzra said:

The question is why now and whether the Thai government is behind it to force expats to bring more money into the country or is it a cahoot of the US, UK and the aussie governments for reasons that are know only to them...

Much more likely that the numbers of retirees etc suspected to have been playing the system and falsifying their income documents has risen to the level that Immigration had enough of it.  You all know who you are, you are the ones responsible. 

 

I suppose that poetic justice is seeing to it that those who did that, i.e. they couldn't meet income requirements legally so they goosed everyone else, are the ones that will suffer in the end!

  • Like 1
Link to comment
Share on other sites

4 hours ago, Will27 said:

Surely it will mean a lot of people (not just Aussies) will be going to places like Savannakhet and HCMC

for visas now.

Why?  Are the financial requirements for a retirement extension to a visa issued in those places different?  Serious question.

Edited by Just Weird
Link to comment
Share on other sites

2 hours ago, wgdanson said:

... They have NEVER accepted the 65k a month into a Thai bank, ...

Citation needed.

 

Do you know or have read about anyone trying it and being declined? Maybe there's a band of silently happy long-termers who have been doing it this way for years and have never had issues and right now they are having a right old giggle at all this panic.

 

  • Haha 1
Link to comment
Share on other sites

1 hour ago, mfd101 said:

Under Australian law, the person who signs a stat dec knowing it is false may be imprisoned for 4 years. The policeman, lawyer, public servant, school teacher and other honourable people who WITNESS your signature on the document bear NO responsibility for the substance of the document.

 

This is no different from the system that applies in 101 civilized countries all around the world.

They (Stat Decs) are still not worth the paper they're written on.

 

MAY be imprisoned.

I haven't heard of many, if any.

Link to comment
Share on other sites

Have not read all these pages but i think probably the Thai Immig does not want all farangs gone, but rather to 'give' more money to Thai banks. The banks do nothing to get the foreign money but can support various loans to Thai businesses, etc.

And of course, the Thai Monarchy recently invested lots of money in Siam Comm Bank so naturally he wants more cash (our cash) into the Thai banking system.  Of course, he is a great guy but who can afford lousy investments when the remedy is so easy.

More here:  https://www.bloomberg.com/news/articles/2018-06-16/thai-king-now-holds-crown-property-bureau-s-billions-in-assets

Link to comment
Share on other sites

4 minutes ago, NanLaew said:

Citation needed.

 

Do you know or have read about anyone trying it and being declined? Maybe there's a band of silently happy long-termers who have been doing it this way for years and have never had issues and right now they are having a right old giggle at all this panic.

 

of course it's been accepted, in conjunction with the embassy letter, now the step forward has to be, without the embassy letter but only TI can decide that and as of yet they have said nothing.

Link to comment
Share on other sites

2 hours ago, cleverman said:

No mention of military pensions, which can be proved, they say they won't issue the stat. Dec. as they can't prove the income. Military pensions are proof positive. It is not I who needs to read again .

Since you have apparently already sh!t in your local immigration nest, as an Aussie ex- special forces bloke, maybe you need to pluck up the courage and go ask them yourself if they will accept a piece of paper issued by a foreign government, quoting figures in a foreign currency that is not written in Thai.

 

We'll wait.

  • Like 1
  • Haha 1
Link to comment
Share on other sites

4 hours ago, ubonjoe said:

That has been discussed over and over again the other topics about the embassy income proof. All 3 embassy are saying that you can prove you income by transfer the required income of 40k or 65k baht in a Thai bank. But immigration have not confirmed that will be accepted.

Not sure why you would think immigration would double the money in the bank. There is no basis for stating that.

 

The Embassies changing their involvement should give notice at least 3 months in advance... better still 6 months

Link to comment
Share on other sites

Now with the loss of income for the Australian Embassy Notarial Service it will mean a reduction in staff levels so there will be more Thai's out of work and then Australia will not need the fortress that they are in now so they will do the same as the Brits and sell it off even though it is only new and possibly move into the same office tower that the New Zealand and British embassies are in

Link to comment
Share on other sites

1 minute ago, Russell17au said:

Now with the loss of income for the Australian Embassy Notarial Service it will mean a reduction in staff levels so there will be more Thai's out of work and then Australia will not need the fortress that they are in now so they will do the same as the Brits and sell it off even though it is only new and possibly move into the same office tower that the New Zealand and British embassies are in

cosy

  • Like 1
Link to comment
Share on other sites

17 minutes ago, Just Weird said:

Why?  Are the financial requirements for a retirement extension to a visa issued in those places different?  Serious question.

There is no financial requirements required for a non-o visa based on marriage at those 2 places.

  • Confused 1
Link to comment
Share on other sites

4 hours ago, OJAS said:

And not just those issued by the American, Australian and British embassies either!

This is bull

 

If i want the letter from my embassy i have to show my (state) pension(s)  and other income original papers AND my tax papers so they only show net income with is stated on the declaration

  • Like 1
Link to comment
Share on other sites

Personally, I think the Thais mucked up, I doubt they expected this reaction. I also blame those embassies that were issuing statutory declarations willy-nilly without any proof at all, which I guess prompted this initiative. If the agent route fails we'll probably see a mass migration to Cambodia. I'm sure they'll welcome the money. Pensioners don't live here on zilch, and whether it's 30,000bt or 63,999bt a month it all goes into the Thai economy, no-one is sending money home. Why people who have a genuine pension of 64 thou are worrying is beyond me, you have the documentation, just show it; the embassy letter was always just a gloss for me anyway, as a UK guy.

  • Like 1
Link to comment
Share on other sites

1 minute ago, nausea said:

Personally, I think the Thais mucked up, I doubt they expected this reaction. I also blame those embassies that were issuing statutory declarations willy-nilly without any proof at all, which I guess prompted this initiative. If the agent route fails we'll probably see a mass migration to Cambodia. I'm sure they'll welcome the money. Pensioners don't live here on zilch, and whether it's 30,000bt or 63,999bt a month it all goes into the Thai economy, no-one is sending money home. Why people who have a genuine pension of 64 thou are worrying is beyond me, you have the documentation, just show it; the embassy letter was always just a gloss for me anyway, as a UK guy.

A gloss for you but a must for IO

  • Like 1
Link to comment
Share on other sites

15 minutes ago, chingmai331 said:

Have not read all these pages but i think probably the Thai Immig does not want all farangs gone, but rather to 'give' more money to Thai banks. The banks do nothing to get the foreign money but can support various loans to Thai businesses, etc.

I considered this, when this first arose - but as pointed out in the other threads on this letter-topic, Thailand has huge foreign-reserves, so this doesn't make sense.  I really doubt this decision came from the banks or other higher-authorities. 

I think immigration considered the embassy-letter system to be cutting into their agent-money and decided to terminate it, by demanding what they knew many foreign nation's laws would not permit (privacy laws, etc).

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.





×
×
  • Create New...