Jump to content

Recommended Posts

Posted

Due to my embassy's soon to stop giving us income proof, I might have to go for another option soon. I can deposit 800K for my next reneval of my O visa, but I would rather prefer the 65K option as I cannot see the logic and use for locking up so much cash that could be used for better things! I just woner if anyone have knowledge of the possibility to change from 800K to 65K pr month. I understand I have to deposit 65K pr month for a year before I can use this method? Anyone out there that can clarify this for me?

Posted

You have to do one year using 800k in the bank and during that year make the 65k/month deposits ready for the subsequent extension.  You can of course spend the 65k each month.  I believe @DrJack54 is doing this.

Posted

Switching from a yearly extension based on banked money method (800K) to one based on monthly income via international transfers is the hardest switch to pull off 😮 
 

That's because you have to meet the banked money seasoning requirements for the year extension you're on now <- meaning you need to keep the 800K baht in the bank for 3 months after the extension was granted then never let the balance go below 400k baht the rest of the year 
AND
at the same time you need to transfer in from abroad a minimum of 65K baht a month, each month, every month for the next 12 months to apply for the next yearly extension using monthly income method. (as people stated there is no requirement that you keep any of the 65K in the bank each month) 

 

Posted
22 minutes ago, harryviking said:

I understand I have to deposit 65K pr month for a year before I can use this method? Anyone out there that can clarify this for me?

You seem to have good understanding of what's required. 

 

For folk that did not have the embassy letter available in the main  used money in bank method. 

In order to change to income method then at some point prior to doing next extension using money in bank they would start the 65k+ transfers. 

For the entire year they would run both options. 

Money in bank to show  compliance and also able to show 12 monthly transfers. 

 

After that they can just do the income method. 

 

Now back to OP situation. 

I'm not aware of the "concessions" either immigration or your embassy may offer for this initial income method without the letter. 

Perhaps there will be some flexibility. 

 

Edit: I'm currently doing this myself. 

For my next extension I will show full compliance with money in the bank and also show over 12 months of transfers. 

 

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...