It just keeps getting clearer ;-)

[skatewash]

https://www.thephuketnews.com/holding-the-balance- phuket-immigration-clarifies-new-rules-on-retirement-visas-to-start-march-1-70401.php?fbclid=IwAR1ekxmTaBRAX6gkmOMUDFROVqXUkTFLpJjRspRzyRQghFaBt6xIzh6cphE#I2wGcgRDstQsJcdp.97

 

I guess the good news is that Phuket Immigration thinks there are four ways to get a retirement extension:  (old) embassy income letter, (new) monthly deposit method (to replace the embassy income letter method for those unable to get them), (modified) bank lump-sum method, and (modified) combo method.  Not sure the article sheds much more light on the matter than that.

 

If people didn't actually need to comply with these rules it would be most amusing.

 

"Confusing explanations will continue until comprehension improves."

[tlandtday]

what grandfather rules is he talking about?  55-60 and 50000 income?  does this make any sense?  where is this coming from?

[Old Croc]

1 minute ago, tlandtday said:

what grandfather rules is he talking about?  55-60 and 50000 income?  does this make any sense?  where is this coming from?

There are grandfathering rules for people who have been continuously getting these extensions since before upwards changes in funding requirements.  ie They stay at the same rate.

It seems there are two levels of grandfathering, the older applicants who started when it was 200k and the not quite as old, who began when the requirement was at 500k. 

They don't have to meet the current 800k (or 65K) requirements.

[skatewash]

7 minutes ago, tlandtday said:

what grandfather rules is he talking about?  55-60 and 50000 income?  does this make any sense?  where is this coming from?

The grandfathering clause is true.  It's been on the books for many years.  It is not new and it hasn't been modified by anything that's happened in the last few years.  For it to apply to you, you had to have been getting your retirement extension many (19 or so) years ago, and continued without interruption to get one year after year.  It means that those people who meet that requirement can continue to operate under those long ago rules even though the rules for all other people have changed in the intervening years.  Basically, if the grandfathering clause applied to you would already know about it because you would be using it every year to get your retirement extension.

So why it's even brought up in a news article is rather mysterious.  If it could do you any good you would already be using it. ????

 

I think it was added to this article because the author felt it wasn't confusing enough without it being added into the mix.

[skatewash]

The most important thing to note about the grandfathering clause, and this important thing will affect almost everyone trying to get a retirement extension is this:  the new rules (the ones that have been issued over the last few months) do not have a grandfathering clause.  That is, the new rules apply to everyone (except for those people covered by the original grandfathering clause and those people who are in that situation basically by definition have to know it applies to them because they've been using it for the last 20 years!).

[skatewash]

15 minutes ago, Old Croc said:

There are grandfathering rules for people who have been continuously getting these extensions since before upwards changes in funding requirements.  ie They stay at the same rate.

It seems there are two levels of grandfathering, the older applicants who started when it was 200k and the not quite as old, who began when the requirement was at 500k. 

They don't have to meet the current 800k (or 65K) requirements.

How do I know if I'm grandfathered?  Easy!

 

Did you ever have to show only 200k for your retirement extension?  If yes, then you might be (of course, you would already know this if you were).

 

Did you ever have to show only 500k for your retirement extension?  If yes, then you might be (of course, you would already know this if you were).

 

If you've only ever had to show 800k then, unfortunately, you are not covered by any grandfathering clause.  You are covered by the new rules, whatever they might turn out to be.

[KhunBENQ]

STOP citing this article about the grandfather rule with the typo since ... 2008 !

 

It's since 1998.

 

@ubonjoe had clarified this in another thread derived from this article.

[ubonjoe]

It is a error in the mentioned news article. From the police order.

 

 

No need for further discussion. This topic