Retirement Extension - Pension Income?

[roog]

Hi,

I plan on applying for an extension on to my non-O multiple entry visa on the basis of "to spend the remainder of my life" ("retirement visa").

I'll have a UK pension income of around 50,000 baht and with a deposit in a Thai bank of 250,000 baht, should surpass the financial requirement.

Does the UK pension income have to be paid directly into a Thai bank account, or will a UK Offshore account, or even High St account (eg Nationwide) suffice?

In any case, should there be evidence that the proceeds of the pension income is being spent in Thailand?

Thanks (nearly there!)

[ProThaiExpat]

You need to research what the U.K. Embassy requires for your pension letter.

U.S. allows you to "declare" what your pension is and that is all that is required, thus the presence of funds in Thailand need only be in an amount to make up the shortfall between your pension per year and 800,000 Baht.

I am only guessing about the U.K. Embassy, but it seems to me the worst case scenario is that they require you to "prove" the level of your pension by documentation, not where the money is being kept.

Thai Immigration accepts what the Embassies issue and only require funds in Thailand to cover any shortfall.

Many feel that Thai Immigration want to see withdrawals from a bank book to show you are spending money in Thailand that was brought in from overseas.

That was on the first extension of the non-imm-O based on retirement.

[lopburi3]

There is no requirement for any specific transfer of funds. But they may like to see some indication that there are sufficient funds transferred each year to account for your support.

[billrose]

Hi,

I plan on applying for an extension on to my non-O multiple entry visa on the basis of "to spend the remainder of my life" ("retirement visa").

I'll have a UK pension income of around 50,000 baht and with a deposit in a Thai bank of 250,000 baht, should surpass the financial requirement.

Does the UK pension income have to be paid directly into a Thai bank account, or will a UK Offshore account, or even High St account (eg Nationwide) suffice?

In any case, should there be evidence that the proceeds of the pension income is being spent in Thailand?

Thanks (nearly there!)

The British Embassy in Bangkok will provide you with a letter, for which they need to see some evidence (original copy) from your pension provider. They don't ask you where the pension is being paid into. For this they will charge you the exhorbitant sum of 2448 Baht, plus an extra 100 Baht if you do it by post.