Retirement Visa Extension Using a mix of Income and Bank Funds

[elfpattaya]

Does anyone know whether the Bank Funds have to be seeded for 60/90 days when doing a mix of Pension Income and Bank Funds?

I have done it previously in the past using the embassy letter, but the UK no longer provide this service. I don't think the money had to be seeded using this method.

Can anybody confirm this.

[ubonjoe]

The funds in a Thai bank has to be in the bank for 2 months on the day you apply using the combination of it and income (rules were changed in March of 2019).

You will have to keep money in the bank for 3 month after you apply and then at least half of it (dependent upon the office you apply at) until you top up your account for the next extension.

[elfpattaya]

Thanks ubonjoe, unfortunately for me the money will not have been in the bank long enough.

[ubonjoe]

If you need more time to have in the bank for 2 months you could apply for a 60 day covid 19 extension and then apply for the one year extension.

[elfpattaya]

I have at present a Retirement extension, which has been renewed for the last 18 years using different methods depending on funds.

The last couple of times using an agent.

With Pattaya going into the Dark Red Zone, I am wondering if the agents will be allowed to open.

My renewal is not due till the 2nd of September, but I like to be prepared.

Will retirement extensions be allowed Covid 19 extension, I thought they were for tourists.

[ubonjoe]

21 minutes ago, elfpattaya said:

With Pattaya going into the Dark Red Zone, I am wondering if the agents will be allowed to open.

I don't know for sure but I think they might be open for appointment or maybe open as normal. 

 

21 minutes ago, elfpattaya said:

Will retirement extensions be allowed Covid 19 extension, I thought they were for tourists.

The covid 19 extension is not only available for tourists. It can be applied for with any type of visa entry or existing extension of stay.

[elfpattaya]

Thanks ubonjoe for your good and knowledgeable advice.

I find it very frustrating that after 18 years, married for 15 and bringing up 2 children here, that every year they try to make it more difficult for us to stay.

 

I remember 1 year the bank clerk making up the shortfall for me, for a small fee of course, while the bank letter was being produced.

Maybe that's why they have tightened it up haha.

 

I could of course go down the marriage route, but I am trying to avoid that.

 

[ubonjoe]

14 minutes ago, elfpattaya said:

I find it very frustrating that after 18 years, married for 15 and bringing up 2 children here, that every year they try to make it more difficult for us to stay.

If married to a Thai you should apply for an extension based upon marriage. You would only need proof of 40k baht income or 400k baht in the bank for 2 months.

If needed you could also apply for a 60 day extension to visit your wife or children.

[chilly07]

Puzzled you haven't come across this already as UK reneged on income letters Jan 2019 and I am due to submit bank certificates for the third time next mth? If I went the combo route I would use an agent. For what it's worth every month I collect FTT credit advices from my bank and then present them back for the annual statement as this enables them to do it on the spot rather than applying to HQ. A lot of unnecessary hastle for me thanks to UK reneging on income letters