December 7, 20232 yr when I go to get a 1 Yr extension of stay on my Retirement visa ( had 1 for 2 years now ) I have used an agent in the past but would like to do it myself but use the monthly transfer method ie 65k per month into Thai bank with my name only Question is can I transfer into my bank the 65k or over then immediately transfer it again into myself & wife's joint account for her to get access for monthly living expenses etc or is there a set time it has to stay in the account ? Regards
December 7, 20232 yr Yes. There is no time it must remain in account - but must be able to prove from overseas and should be about same time each month.
December 8, 20232 yr 22 hours ago, thaiscot said: when I go to get a 1 Yr extension of stay on my Retirement visa ( had 1 for 2 years now ) I have used an agent in the past but would like to do it myself but use the monthly transfer method ie 65k per month into Thai bank with my name only Question is can I transfer into my bank the 65k or over then immediately transfer it again into myself & wife's joint account for her to get access for monthly living expenses etc or is there a set time it has to stay in the account ? Regards As @lopburi3 has said; yes you can transfer into wife's name but...... It's my understanding to get an extension using the monthly method you must be able to show a full year's worth of deposits from overseas have been done, prior to your application.
December 8, 20232 yr 1 hour ago, Yeah rightio said: It's my understanding to get an extension using the monthly method you must be able to show a full year's worth of deposits from overseas have been done, prior to your application Correct without "income letter" from embassy. UK,USA,AU do not provide that service
December 8, 20232 yr Author Hi Yes I know I need to show a years transfers as I was thinking of setting up the transfer now for doing it in the future but just needed clarification if I can transfer then use the money for monthly expenses etc
December 8, 20232 yr 41 minutes ago, thaiscot said: but just needed clarification if I can transfer then use the money for monthly expenses etc Yes you can. Personally, I transfer 130k every month and transfer it few days later into GF,s account.
December 8, 20232 yr Author 8 hours ago, DrJack54 said: Yes you can. Personally, I transfer 130k every month and transfer it few days later into GF,s account. Nice one that sounds like a plan as I transfer more than 100k every month but into our joint account so will possibly start to transfer into my own account then onto joint account after as been using an agent for the retirement extension for the last 2 years
December 8, 20232 yr 7 minutes ago, thaiscot said: Nice one that sounds like a plan as I transfer more than 100k every month but into our joint account so will possibly start to transfer into my own account then onto joint account after as been using an agent for the retirement extension for the last 2 years No. You will need to show 12 months transfers into Your Thai bank account in your name only. After that you can transfer into wife account. .. Also if previously using agent your plan will NOT work
December 9, 20232 yr On 12/7/2023 at 9:03 AM, lopburi3 said: but must be able to prove from overseas and should be about same time each month. There is no requirement for it to be "about the same time", as long as a transfer of over 65k per calendar month is done, that is fine, the date of the transfer is immaterial
December 9, 20232 yr 25 minutes ago, bigt3116 said: There is no requirement for it to be "about the same time", as long as a transfer of over 65k per calendar month is done, that is fine, the date of the transfer is immaterial That is why I said should be about. Actually posters have reported issues when not near the same time as did not appear to be pension payment in that case. This was a real issue when method first started but believe may be less so now that most officers can read bank statements easily. I would still recommend about the same time.
Create an account or sign in to comment