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Retirement Visa using monthly income rather than 800k

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2 minutes ago, jerrymahoney said:

SWIFT no issues.

No but worse exchange rate. Wise no issues if you process correctly

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  • Many people are using the 12 months of at least 65k baht transferred into a Thai bank from abroad. A average income of 65k baht will not be accepted and it has to be 12 months of transfers.

  • Not aware of what the Loei office accepts. I would say about all offices accept the 65k baht transfers option now. Same for the combination options. For the first year (2019) the transfer op

  • I use the income method and have done since the Australian Consulate stopped issuing the income stat decs. My local Immigration office insists monthly transfers and coded as foreign transfers.

The underlying issue with WISE is that it is not an international transfer. Wise has a bank that debits your account ex-Thailand and a bank in Thailand that credits your Thai account.

 

And I looked at it early on and decided the potential gain with Wise ain't worth the potential downsides as others have described plenty.

2 minutes ago, jerrymahoney said:

The underlying issue with WISE is that it is not an international transfer. Wise has a bank that debits your account ex-Thailand and a bank in Thailand that credits your Thai account.

 

And I looked at it early on and decided the potential gain with Wise ain't worth the potential downsides as others have described plenty.

You only hear about the very small minority that have issues, usually because fail to plan plan to fail. Wise works well for the majority

I have used the 65K+ deposit method since the onset. I looked at Wise and decided the possible gain from Wise wasn't worth it. 

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