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Posted
Starting a new thread as this is a separate question than the two others currently being discussed.
Asking for someone using Chiang Mai Immigration.
The last Retirement extension was filed on 1 Dec 2018 and is valid until 15 Dec 2019. The applicant used cash in the bank and had a little over 800k in the bank. By the end of December she had aless than 800k in the bank but that should not matter as the requirement to keep 800k in the bank for 3 months did not go into effect until 1 March 2019.
Currently she has 405k in the bank and would like to use some of that, reducing her balance below 400k. Will that have any effect on her ability to extend for another year in Dec 2019? She plans to replenish her Thai bank account to the full 800k by 1 Sept, three months before she applies for another one-year renewal.
Is there any problem with this scenario?
Posted

Since she did her extension prior to March 1st the new rules do not apply to her. The new rules are not retroactive.

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