Can you please advise with 'Retirement Visa'

[Cletus]

Last year a friend of mine got a retirement extension from the Immigration Office of Chiang Mai with the 'help' of a visa agent (yes, the stamp is a regular one from Chiang Mai Imm.).

Now he's decided to bring in the required amount (8ooooo baht) and do it by himself following the standard procedure.

As far as I understand it, he could:

 

1. exit the Kingdom and come back with 60-day visa exempt.

2. convert from visa exempt to non-immigrant O at Chiang Mai Immigration Office paying 2000 baht (gets 90 days permission to stay).

3 apply for a one-year extension of stay based on retirement at CM Immigration (1900 baht).

 

Is this correct? 

Thanks

[Pattaya57]

Yes that's correct. He needs 800k baht in bank for non-imm O application and it has to be in bank for at least 2 months before the 12 month extension application

[scottiejohn]

8 minutes ago, Cletus said:

the stamp is a regular one from Chiang Mai Imm

Was it based on a non existent 800,000 in the bank?

How do you know the stamp is legit?

If it is then why not go down the real legit road with either the same agent or straight to Imm with the money in the bank system .  

PS;  Where is his 90 day report and CM 30 registered?

Edited 18 hours ago by scottiejohn

[pub2022]

TM 30 and 90 days reports both registered in Chiang Mai.

The stamps are real and legit.

No, there wasn't any 800k in the bank.

Please refrain from comments about using a Visa Agent, I'm not asking for that.

Thanks

[DrJack54]

1 hour ago, Cletus said:

exit the Kingdom and come back with 60-day visa exempt.

This along with your other points are correct.

The reason you need to "start over" by exiting Thailand is that you have not satisfied the financial requirements for current extension.

To obtain the non O retirement from visa exempt entry he will need 800k in bank account and also show the funds came from abroad.

 

Here is thread outlining process. CW specific however covers what's required 

Note CM require 21 days + remaining on permission of stay to apply for non O 

Use TM87

[Rob Browder]

3 hours ago, Cletus said:

Last year a friend of mine got a retirement extension from the Immigration Office of Chiang Mai with the 'help' of a visa agent (yes, the stamp is a regular one from Chiang Mai Imm.).

Now he's decided to bring in the required amount (8ooooo baht) and do it by himself following the standard procedure.

As far as I understand it, he could:

 

1. exit the Kingdom and come back with 60-day visa exempt.

2. convert from visa exempt to non-immigrant O at Chiang Mai Immigration Office paying 2000 baht (gets 90 days permission to stay).

3 apply for a one-year extension of stay based on retirement at CM Immigration (1900 baht).

 

Is this correct? 

Thanks

Could also - put the 800K in the bank.  Use the agent 1 more time.  DIY the following year and onward.

[itsari]

7 hours ago, Rob Browder said:

Could also - put the 800K in the bank.  Use the agent 1 more time.  DIY the following year and onward.

That is the way to do it with Chiang Mai immigration from personal experience.

[Srikcir]

12 hours ago, Cletus said:

As far as I understand it, he could:

If he intends to live in Thailand as a resident, maybe consider qualification for the 10-year Long Term Resident visa. Annual notifications, extension of stay at 5 years, no bank deposits or foreign transfers required. Cost 50,000 baht.

[rwill]

If he goes in and applies himself they will most likely check to see that he had at least 800K in his account for 3 months after the last extension and 400K the rest of the year until he needed to bring it back to 800K 2 months prior to this extension.  

 

So  if he did not have the required funds in the bank for the whole time since the last extension best to do what someone else mentioned and use agent again.