Grandfather ruling of how much has to be kept in the bank.

[up2you2]

Having already been granted a retirement visa extension for a year, what is the minimum amount that has to remain in my account, in the event that my first Non O Retirement Visa was granted back in 30th April 1997.

 

 

[Toadie]

400k thb has to be maintained for single retiree

[glegolo]

3 minutes ago, Toadie said:

400k thb has to be maintained for single retiree

What?????

 

Otherwise would be interesting to know how many years is needed to get a "grandfather-treatment"???

 

glegolo

[BritTim]

If you have been continually on retirement extensions in Thailand since 1997, there is no change to your requirements. The grandfathered conditions remain intact: 200,000 baht in the bank for three months before the extenson is applied for. See https://forum.thaivisa.com/applications/core/interface/file/attachment.php?id=567951 (item (6))

 

[Puchaiyank]

Friend of mine grandfathered in at 200k baht...I have also read of others that that 200k was the requirement...????

[up2you2]

7 hours ago, BritTim said:

If you have been continually on retirement extensions in Thailand since 1997, there is no change to your requirements. The grandfathered conditions remain intact: 200,000 baht in the bank for three months before the extenson is applied for. See https://forum.thaivisa.com/applications/core/interface/file/attachment.php?id=567951 (item (6))

 

Yesterday I was given a printed version of your suggested link - thank you.

However on closer examination, the details that are provided for, are I believe for the actual application of the renewal.

What would reassuring, is to see what their requirements are, after the visa has been granted?

[ubonjoe]

7 minutes ago, up2you2 said:

What would reassuring, is to see what their requirements are, after the visa has been granted?

It would not be any different that any extension of stay based upon retirement issued by immigration.

Have you been on continuous extensions since October of 1998?

[up2you2]

1 hour ago, ubonjoe said:

It would not be any different that any extension of stay based upon retirement issued by immigration.

Have you been on continuous extensions since October of 1998?

Good question, and yes is the answer.

Unfortunately my Passports only go back to 2002. But when the details of my previous visa were transferred to my new one at this time, there is a reference on the first page, third item with 1997 date.

No idea if this could help, and secondly do they themselves, the Thai Immigration authorities, keep any records when they first granted such a retirement visa?

[ubonjoe]

3 minutes ago, up2you2 said:

No idea if this could help, and secondly do they themselves, the Thai Immigration authorities, keep any records when they first granted such a retirement visa?

Not sure they would have any records going back that far. You have to ask them to see if they have anything.

They have records of your previous extension if you have been applying at the same office.

[Suradit69]

17 hours ago, Toadie said:

400k thb has to be maintained for single retiree

Could you explain what relevance this has to someone who qualifies as being "grandfathered" and what you mean by "maintained?"

[Farang99]

On 11/4/2019 at 9:26 PM, Toadie said:

400k thb has to be maintained for single retiree

800 k baht for retiree. 40 baht for marriage extension.

 

16 hours ago, Suradit69 said:

Could you explain what relevance this has to someone who qualifies as being "grandfathered" and what you mean by "maintained?"

Grandfathering retains the amount needed to support your visa at its original value. For retirement this means you must have done your first retirement extension ON OR BEFORE OCTOBER 1998. Note EXTENSION, not first visa. In that case you only need 200k baht. I thought I was due for this, but the small print emphasises EXTENSION. I did my first visa in October 1998, so the extension was one year later. Bahh!

[Suradit69]

1 hour ago, Farang99 said:

800 k baht for retiree. 40 baht for marriage extension.

 

Grandfathering retains the amount needed to support your visa at its original value. For retirement this means you must have done your first retirement extension ON OR BEFORE OCTOBER 1998. Note EXTENSION, not first visa. In that case you only need 200k baht. I thought I was due for this, but the small print emphasises EXTENSION. I did my first visa in October 1998, so the extension was one year later. Bahh!

 

I wasn't asking for the requirements for extensions. I'm well aware of those since I've done more than 10 extensions. 

 

I was asking why Toadie posted baht 400,000, which had nothing to do with the discussion about someone grandfathered.

 

 

" ... Support your visa at its original value."

 

I'll assume English is not your primary language. Probably a good idea not to formulate your own version of the rules.

 

 

[HHTel]

2 hours ago, Farang99 said:

40 baht for marriage extension.

 

I'll have some of that!!!....?typo?

[Larryst]

Is this grandfathering of the retirement for those that applied 1997. Does it change the year date if you have 20 consecutive years? If you had 20 retirement entry visa in 2020. Does the year go back to 2000 for applying?

[jacko45k]

3 minutes ago, Larryst said:

Is this grandfathering of the retirement for those that applied 1997. Does it change the year date if you have 20 consecutive years? If you had 20 retirement entry visa in 2020. Does the year go back to 2000 for applying?

Here is what is written.

An alien who entered the Kingdom before October 21, 1998 and has been consecutively
permitted to stay in the Kingdom for retirement shall be subject to the following criteria:

(a) Must be 60 years of age or over and have an annual fixed income with funds maintained in a bank account for the past three months of no less than Baht 200,000 or have a monthly income of no less than Baht 20,000.

 

IE On a retirement extensions since 1998, maybe 1999.

[up2you2]

6 hours ago, jacko45k said:

Here is what is written.

An alien who entered the Kingdom before October 21, 1998 and has been consecutively
permitted to stay in the Kingdom for retirement shall be subject to the following criteria:

(a) Must be 60 years of age or over and have an annual fixed income with funds maintained in a bank account for the past three months of no less than Baht 200,000 or have a monthly income of no less than Baht 20,000.

 

IE On a retirement extensions since 1998, maybe 1999.

a) Must be 60 years of age or over, does this mean 60 and over before October 21, 1998?

No longer have my Passport of this period.

[jacko45k]

8 hours ago, up2you2 said:

a) Must be 60 years of age or over, does this mean 60 and over before October 21, 1998?

No longer have my Passport of this period.

No I don't believe so. Likely that 60 requirement meant more some years ago, when the requirements were changed and this grandfathering was included. 

[chrisinth]

@up2you2, how much have you been showing immigration during your extension applications?

 

Logic would suggest that you would still be showing the same amount as you were in 1997 if on a continuous run??

[up2you2]

1 hour ago, chrisinth said:

@up2you2, how much have you been showing immigration during your extension applications?

 

Logic would suggest that you would still be showing the same amount as you were in 1997 if on a continuous run??

Yes that would be interesting, if anybody has in fact only held what was required in 1997 on a continuous run.

I have been showing the required amount every year, recently 800,000 Baht.

I think that the retirement visa entitlement, was only once you had reached the age of 50.

 

[ubonjoe]

7 minutes ago, up2you2 said:

I think that the retirement visa entitlement, was only once you had reached the age of 50.

The age for applying for extensions based upon retirement was changed a couple of times before they settled on the age of 50.

I think it started out with 60 that is the still the Thai retirement age. Then it was lowered to 55 and later to 50.

The financial proof was changed a few times before 2003 when they changed it to 800k baht in the bank and 65k baht income. 

I find it interesting that many people are thinking the grandfathering is new. It has been in every police order issued since October of 1998.

[up2you2]

1 hour ago, ubonjoe said:

The age for applying for extensions based upon retirement was changed a couple of times before they settled on the age of 50.

I think it started out with 60 that is the still the Thai retirement age. Then it was lowered to 55 and later to 50.

The financial proof was changed a few times before 2003 when they changed it to 800k baht in the bank and 65k baht income. 

I find it interesting that many people are thinking the grandfathering is new. It has been in every police order issued since October of 1998.

Okay so that clears all of this up.
In 2002 I got my first retirement visa.
The arbitrary grandfathering date, the cut off date, was October 1998.
Thereafter grandfathering does not apply.
So the oldest retiree today that would be eligible would be eighty, the youngest 70.

[ubonjoe]

15 minutes ago, up2you2 said:

Okay so that clears all of this up.
In 2002 I got my first retirement visa.
The arbitrary grandfathering date, the cut off date, was October 1998.
Thereafter grandfathering does not apply.
So the oldest retiree today that would be eligible would be eighty, the youngest 70.

I don't think it was arbitrary when it was done in 1998. It was due to a dramatic change of the required funds then. They raised it due to the devaluation of the baht at that time.

If I recall correctly it was raised to 600k for 500k baht then. 

When they changed it to 800k baht in 2003 they did a short term delay of one year for those that were on extensions done after 1998.