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Retirement Visa

Featured Replies

Can the 800,000 baht be kept in a high interest account, or long term deposit account.

Are there such things as high interest accounts, and long term deposit accounts available to us falangs in Thailand, though?

Penkoprod

Yes there are and yes immigration has been happy with them for those who have reported trying to use them.

How do you get a high interest account? Our bank does not seem to do this.

How do you get a high interest account? Our bank does not seem to do this.

Go to a bank that does.

Try SCB.

Can someone go into more detail about this?

When people say long term deposit, I think that would be like US cd's or certificates of deposit. With these, you tie up the money for a specified term and aren't allowed to touch it in exchange for a higher rate.

Would such a thing be available at a Thai bank like SCB?

What would tie current rate be for a one year tie up?

Also assuming such an account would be acceptable to immigration.

:D I am due to renew my retirement Visa for the third time in two weeks time.

Having read some stuff today has unsettled me somewhat...comments that

the Embassy document stating one's income is in excesss of 65 000 baht

per month being under scrutiny...I have always presented my Embassy

Document ( Australia ) along with my Australian bank statements showing

the monthly deposit of my pension along with all records of withdrawls here

in Thailand. On the last occaison there was no problem at all, however,

today, I have read on TVisa that this may not continue to be the case...I

also present all bank books from Thai banks, not that there is any great

amounts of money to be seen...As I am not really in the position to provide

Immigration with evidence of 800 000 baht deposit I am a little confused,

concerned and worried as I have a thai partner of two years and to be told

that the Embassy letter is no longer valid would amount to catastrophe for

both of us..do not mean to over react but it is bothering me concerning my

future here....this does not relate to any 'grandfather clause' as has been

previously posted but any clarification from those more wise than myself

would be greatly appreciated..with thanks Dukkha :o

As long as the Embassy letter is based on fact there is no need for concern. It is not likely to be questioned by Immigration (unlike on the forum). And if were your bank statements would be proof positive. You have nothing to worry about.

Has the Embassy letter to be certified by the Ministry of Foreign Affairs of Thailand please?

Has the Embassy letter to be certified by the Ministry of Foreign Affairs of Thailand please?

Well mine wasn't. Also the letter I was told will be valid for ever.......Good luck.

:D Lopburi, your reply was most appreciated, and delivered in such

a calm and thoughtful manner, you indeed deserve Supa Status.

Need more of your kind here...... :o

Dukkha

:o Not attempting to up my posts...just

posted on another thread when realised

it was concerning Phuket Retirement

Visa, anyway, same question, can anyone

clarify this issue?

The medical certificate, is it still necessary

to present one even though this will be

my third long term retirement visa renewal.

Many thanks.

Dukkha :D

Medical certificate is not required for renewal of retirement extension of stay.

Has the Embassy letter to be certified by the Ministry of Foreign Affairs of Thailand please?

Well mine wasn't. Also the letter I was told will be valid for ever.......Good luck.

Embassy Income letter does not have to be legalized by MFA, but regarding its reuse I am not so sure, since I learned from 2 instances where Suan Plu kept the original Income letter straightaway, however not for an Exentsion for Retirement but for a change of visa from Tourist to Non-O.

:o Lop you are a legend my friend! You deal with issues with such clarity and common sense...it is a pleasure to receive information from you as a Supa Mod...I applaud the great work you do on TVisa and long may you continue to be such, with gratitude: Dukkha :D
Medical certificate is not required for renewal of retirement extension of stay.

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