Long service and good conduct

[littlepe]

I remember reading - somewhere -  that if you had remained in Thailand for a long period uninterrupted (quite a few years) you could qualify for reduced requirements when applying for Retirement Extensions.  Anyone know if this still exists?

[ubonjoe]

If on continuous extensions of stay based upon retirement since October of 1998 there is reduced financial requirements in the immigration order for for extensions.

From clause 2.22 of the order.

"(6) 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 fluids 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
(b) If less than 60 years of age but not less than 55 years of age, must have an annual fixed income with funds maintained in a bank account for the past three months of no less than Baht 500,000 or have a monthly income of no less than Baht 50,000"

[littlepe]

Thanks Joe - and has that date never moved as time progressed?

[ubonjoe]

2 minutes ago, littlepe said:

Thanks Joe - and has that date never moved as time progressed?

No

It was put in the order due to the financial crisis back in 1998 and the financial requirements were increased. It is a grandfather clause for those that were on extensions when the order went into effect.