Proof of Foreign Remittance.

[Superoo]

Hi All,

 

Ah, yes..Retirement visa requirement blues. Will it ever end?

 

Can I withdraw money in Thailand using ATMs and use the ATM receipts as proof of foreign remittance

in order to apply for a retirement visa?

 

Thanks in advance,

 

S.

[jacko45k]

Unlikely, the rules state monthly deposits from overseas into a Thai bank account in your name. Proven with a statement and bank letter.

Will  your Embassy still issues LOI?

[Superoo]

Thanks for that J,

 

How about bringing the cash in, declaring it at the airport and using the declaration as proof of foreign remittance?

 

There must be another way other than as you have suggested...

 

Hope,

 

S.

[jacko45k]

1 minute ago, Superoo said:

Thanks for that J,

 

How about bringing the cash in, declaring it at the airport and using the declaration as proof of foreign remittance?

 

There must be another way other than as you have suggested...

 

Hope,

 

S.

I don't suggest the requirements, they are as written. Monthly income, Embassy letter or money in the bank !

[Mavideol]

6 minutes ago, Superoo said:

Thanks for that J,

 

How about bringing the cash in, declaring it at the airport and using the declaration as proof of foreign remittance?

 

There must be another way other than as you have suggested...

 

Hope,

 

S.

this are not suggestions but requirements by the Thai Immigration Office and NOPE no other (legal) way

[Superoo]

I see J,

 

This is where my ignorance on the topic comes in.

 

I do have a Thai bank account and can deposit the 800 thousand in there after I have brought it into the country.

 

From my understanding of what you have said, this money must show as foreign remittance coming into that Thai account. Thus no other proof can be used.

 

Correct?

 

S.

 

 

[scubascuba3]

Thanks for that J,
 
How about bringing the cash in, declaring it at the airport and using the declaration as proof of foreign remittance?
 
There must be another way other than as you have suggested...
 
Hope,
 
S.

Best to go to Immigration and ask, quite a few people would prefer to use an ATM. Very unlikely to be allowed, although no one has asked

[ubonjoe]

 

Are you asking about proving your monthly income or the 800k baht deposited in the bank.

Only the monthly income has to be shown as coming from abroad. For an extension of stay based upon retirement there is no requirement to prove the 800k baht came from abroad.

For the 800k baht option the only case where it has to be proven as coming from abroad is when applying for a 90 day non immigrant visa entry at immigration.

[jacko45k]

1 minute ago, Superoo said:

I see J,

 

This is where my ignorance on the topic comes in.

 

I do have a Thai bank account and can deposit the 800 thousand in there after I have brought it into the country.

 

From my understanding of what you have said, this money must show as foreign remittance coming into that Thai account. Thus no other proof can be used.

 

Correct?

 

S.

 

 

There is no requirement to show the money came from overseas when using the seasoned 800k on deposit to obtain a retirement extension.

If using income of 65,000 pcm to get the extension, that needs to show as coming in from overseas. 

[scubascuba3]

There is no requirement to show the money came from overseas when using the seasoned 800k on deposit to obtain a retirement extension.

There is if obtaining Non-imm O first. Rarely people make this clear

[DrJack54]

OP, when you say retirement visa, what do currently have in way of visa, permission of stay etc.

If you are going to apply for a non o based on retirement you would need to show the 800k came from o/s if done inside Thailand. If you obtain your non o at consulate outside of Thailand you do not.

In my case many years ago I applied for non o at Vientiane. The money I put into bank came with me from oz in green. I exchanged in Thailand stuck the baht in my Thai bank. I do that every year. As for income method you have good answers above. There is perhaps 3 large threads currently running about how to show income is coming from o/s regarding codes etc etc. If anyone is in position to stick 800k into Thai bank then problems gone. If fact leave it there fixed deposit to avoid the 800 down to 400 back up to 800 gig.

[elviajero]

1 hour ago, Superoo said:

Can I withdraw money in Thailand using ATMs and use the ATM receipts as proof of foreign remittance in order to apply for a retirement visa?

No.

 

1 hour ago, Superoo said:

I do have a Thai bank account and can deposit the 800 thousand in there after I have brought it into the country.

 

From my understanding of what you have said, this money must show as foreign remittance coming into that Thai account. Thus no other proof can be used.

It depends.

 

You need a non immigrant visa/entry before you can apply for an extension of stay.

 

If you get the visa outside of Thailand you don’t — as a general rule — need to prove the funds came from abroad when applying for the extension.

 

If you enter as a tourist, and apply for the non immigrant visa in Thailand, you will have to show the 800K being transferred in from abroad.

[Superoo]

I see,

 

Thanks to ubonjoe and others for the info,

 

I need to apply for the non immigrant visa first which I will do at a Thai consulate outside Thailand thus avoiding

the foreign remittance requirements.

 

I will have 800 already sitting in my Thai bank account ready for changing said visa over to an extension based on retirement in Thailand.

 

So, what are the requirements for applying for a non immigrant visa outside of Thailand?

 

Can anyone recommend a suitable Thai consulate within the SE Asian/NE Asian region to apply?

 

Would I be better applying for the non immigrant visa back in Aus?

 

I am an Australian passport holder.

 

Sorry for all the questions..Newbie

 

Regards,

 

S.

 

 

[ubonjoe]

2 minutes ago, Superoo said:

So, what are the requirements for applying for a non immigrant visa outside of Thailand?

Can anyone recommend a suitable Thai consulate within the SE Asian/NE Asian region to apply?

Savannakhet Laos or Penang Malaysia are the best nearby locations to get a single entry non-o visa for being 50 or over.

You will need your bank book updated just before you start your trip showing the 800k baht and proof you are retired.

 

5 minutes ago, Superoo said:

Would I be better applying for the non immigrant visa back in Aus?

You would not be able to get a single entry non-o visa there. You can only apply for a OA long stay visa at the embassy in Canberra or the consulate in Sydney.

[Superoo]

Thanks ubonjoe,

 

How do I show proof I am retired?

 

Thanks,

 

S.

[ubonjoe]

18 minutes ago, Superoo said:

How do I show proof I am retired?

Proof of pension payments or something similar.

People have also done a statement at their embassy that they were retired was accepted. Not sure if you could get that at the Australian embassy now.

[Superoo]

Hi ubonjoe,

 

Are you referring to the now defunct affidavit declaring proof of pension payments from my home country?

 

I would not be using such a letter as I will have 800 seasoned in a Thai bank account.

 

Actually, I am only 57 which is now considered too young to retire in Australia.

 

Regards,

 

S.

[ubonjoe]

1 minute ago, Superoo said:

Are you referring to the now defunct affidavit declaring proof of pension payments from my home country?

Before they stopped doing them people did them showing even a small amount of income to prove they were retired.

What I was referring to was doing a statutory declaration stating you are retired.

You could show about anything that shows you have some income other than from working.

[Superoo]

Hi ubonjoe,

 

I will have no such proof apart from savings.

 

I plan to live off savings of 5 million that I will have in my Thai bank account.

 

No pension. No other source of income.

 

Regards,

 

S.

[ubonjoe]

40 minutes ago, Superoo said:

I will have no such proof apart from savings.

You can try to show that plus you age should be enough.

You could do it in Vientiane Laos without it but they want a Thai police clearance certificate and a basic medical certificate,

[DrJack54]

3 minutes ago, ubonjoe said:

You can try to show that plus you age should be enough.

You could do it in Vientiane Laos without it but they want a Thai police clearance certificate and a basic medical certificate,

I was about to post that "news to me, have never heard you need to prove retirement" However that has been answered by ubon, as I obtained my non o at Vientiane.

OP sounded earlier you might want/need to obtain non o outside Thailand for your 800k in bank not needing to show where funds came from. Perhaps Vientiane firming as good option.

BTW, I never had a Thai police check for non o Vientiane. However that was 7+ yrs back.

[Superoo]

Okay Ubon,

 

Vientiane.

 

That sounds good.

 

Thai police clearance and med check are not a problem.

 

Bankbook and anything else I can bring such as bank statement in case they ask for it..

 

Thanks to all for your sound advice.

 

Regards,

 

S.

 

 

 

 

 

I plan to live off savings of 5 million that I will have in my Thai bank account.

 

No pension. No other source of income.

 

Regards,

 

S.

[ubonjoe]

33 minutes ago, Superoo said:

Bankbook and anything else I can bring such as bank statement in case they ask for it..

Maybe a letter from the bank confirming you account is valid and the balance in it on the date the letter is written.

[TallGuyJohninBKK]

2 hours ago, Superoo said:

Hi ubonjoe,

 

 

I think you missed what Joe was suggesting to you above re proving/demonstrating that you're retired...

 

Totally apart from the former income affidavits, various Embassies in BKK will certify written statements or affidavits made by their citizens, attesting that the named person appeared before the Embassy making such and such statement, and this person is who he claims to be.

 

So I believe what he was stating, was that you might check with the Aussie Embassy in BKK as to whether they still will certify general affidavit statements by their citizens (not income affidavits), and if so, you could write one up on their form declaring that you're retired, and have the Aussie Embassy certify it.

 

Such kinds of things have been done in the past for various purposes.

 

[Superoo]

I will do that TG,

 

I can never have too many documents when doing such applications.

 

Thanks for the advice.

 

S.

 

 

[descc71]

On 2/27/2019 at 12:48 PM, ubonjoe said:

 

Are you asking about proving your monthly income or the 800k baht deposited in the bank.

Only the monthly income has to be shown as coming from abroad. For an extension of stay based upon retirement there is no requirement to prove the 800k baht came from abroad.

For the 800k baht option the only case where it has to be proven as coming from abroad is when applying for a 90 day non immigrant visa entry at immigration.

Hi Ubon Joe,

 

 I am planning to  get a retirement visa (in Bangkok) using the 800k option in May 2020 when I turn 50. I already  have a Bangkok Bank account and have just transferred 800k+ from my DBS bank in Singapore. I went to see about getting a letter from Bangkok Bank today stating that the funds are from overseas, but there was a problem and the staff at Bangkok Bank seemed very perplexed. It appears that DBS Bank did not transfer the funds directly to my Bangkok Bank account but routed it to Kasikorn Bank and then from Kasikorn Bank to my Bangkok Bank account. So instead of just giving me a letter stating that the funds are from overseas, Bangkok Bank has directed me to go to the Kasikorn main branch at Ladprao Soi 25 to ask for said letter. For me, I detect that there is a missing link - should there be another letter to show the funds moving from Kasikorn to my Bangkok Bank account?  I don't understand why they (i.e. Bangkok Bank) can't just write me a letter saying the funds are from overseas since they know it came from Singapore (albeit indirectly via Kasikorn). Have you come across a situation like this before Ubon?

 

Also just to clarify, I understand that the retirement visa process starts from Step 1. getting a 90 Day non immigrant O visa and then Step 2. Transiting to the Retirement Visa.

Based on your comment above, I gues I will need the Bank letter stating the funds are from abroad at Step 2 (and only if I am applying for step2 in Thailand)

 

Many thanks in advance

 

 

 

[Traveling Jack]

Hello everybody. I am just curious to why you don't just buy a visa service package. From when last i checked they were about 20-25 K. Yes a bit of money, but I would assume hassel free. It is a service paid for as anything else, nothing illegal about it. Just a service provided. I have the last 15 years stayed a lot in thailand, mostly Pattaya. I would go this route as I do not meet the other requirements apart from age. -) Sadly the cash is invested in a oversaturated real estate marked that's turned illiquid. Best reg 

[jimn]

6 hours ago, descc71 said:

Hi Ubon Joe,

 

 I am planning to  get a retirement visa (in Bangkok) using the 800k option in May 2020 when I turn 50. I already  have a Bangkok Bank account and have just transferred 800k+ from my DBS bank in Singapore. I went to see about getting a letter from Bangkok Bank today stating that the funds are from overseas, but there was a problem and the staff at Bangkok Bank seemed very perplexed. It appears that DBS Bank did not transfer the funds directly to my Bangkok Bank account but routed it to Kasikorn Bank and then from Kasikorn Bank to my Bangkok Bank account. So instead of just giving me a letter stating that the funds are from overseas, Bangkok Bank has directed me to go to the Kasikorn main branch at Ladprao Soi 25 to ask for said letter. For me, I detect that there is a missing link - should there be another letter to show the funds moving from Kasikorn to my Bangkok Bank account?  I don't understand why they (i.e. Bangkok Bank) can't just write me a letter saying the funds are from overseas since they know it came from Singapore (albeit indirectly via Kasikorn). Have you come across a situation like this before Ubon?

 

Also just to clarify, I understand that the retirement visa process starts from Step 1. getting a 90 Day non immigrant O visa and then Step 2. Transiting to the Retirement Visa.

Based on your comment above, I gues I will need the Bank letter stating the funds are from abroad at Step 2 (and only if I am applying for step2 in Thailand)

 

Many thanks in advance

 

 

 

You dont need to show that the 800k comes from outside Thailand. Just having it in your account for the required time (2 months) before you apply is sufficient. The proof of money from overseas only applies to the 65k monthly income method.

[descc71]

1 hour ago, jimn said:

You dont need to show that the 800k comes from outside Thailand. Just having it in your account for the required time (2 months) before you apply is sufficient. The proof of money from overseas only applies to the 65k monthly income method.

Thank you Jimn,

 

But earlier in this thread Ubon Joe wrote this 

"

Are you asking about proving your monthly income or the 800k baht deposited in the bank.

Only the monthly income has to be shown as coming from abroad. For an extension of stay based upon retirement there is no requirement to prove the 800k baht came from abroad.

For the 800k baht option the only case where it has to be proven as coming from abroad is when applying for a 90 day non immigrant visa entry at immigration."

 

So I got the idea that I need to get the letter to show the 800k funds are from overseas from the last line. Maybe I was confused. 

 

Can you help to clarify?

 

Many thanks

 

 

[ubonjoe]

14 hours ago, descc71 said:

Based on your comment above, I gues I will need the Bank letter stating the funds are from abroad at Step 2 (and only if I am applying for step2 in Thailand)

You only need proof the funds came from abroad for step 1 if you apply at a immigration office for the non immigrant visa.

Not needed for step 2 when you apply for the one year extension at immigration.