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Retirement Extension - proof of regular income

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Yes they were international deposits via Wise transfers.

Was told I had to prove where the money came from ie: pension or whatever the source of income was.

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  • Upnotover
    Upnotover

    The thing missing is the Banks stamp and signature which immigration won't like. Likely the bank won't stamp/sign your homemade version. Best go back and get them to get the statement for you.

  • DrJack54
    DrJack54

    You are confused with income letter from bank. Also what's required from bank. You need Bank Letter. This just verifies you as the owner and balance on day of issue. 12 month bank statement. This

  • DrJack54
    DrJack54

    When the io is looking at your 12 month bank statement inform the io that you are changing to income method.. She will check that you maintained the 800k for first 3 months of previous application and

7 minutes ago, dinger said:

Was told I had to prove where the money came from ie: pension or whatever the source of income was.

Just another rubbish immigration office.

Out of interest what is the source of income in for you.

My recent extension retirement (CW) using income method did not require that nonsense.

I also use WISE.

Zero issues.

10 minutes ago, dinger said:

Its pension money

As stated above... Your immigration office is being ridiculous.

Try showing any evidence you have of pension.

In reality the "income" need not come from a pension.

The immigration office is just being difficult.

Common in Thailand.

2 hours ago, dinger said:

I just returned form my local immigration office in Phetchaburi. I tried to use the monthly income method to satisfy the income requirement. I had a 12 month stamped and signed statement from Bangkok Bank showing regular deposits of well over bt 65,000 every month (12months). Was told by immigration that I need a certified statement to verify the source of the funds that were deposited. The funds are from a pension. This is an immigration issue not a bank issue

This is the first time I have used the monthly method as I used the 800,000 lump sum method in years past. Is this the standard requirement for monthly income?

Thanks

Some immigration offices do require proof of where the money is coming from, so they can ensure you are not just recycling the same money over and over. They want to see that you actually have an income and where that income is sourced. It's not an unheard of a request, and a pension statement should be sufficient.

2 hours ago, dinger said:

Yes they were international deposits via Wise transfers.

Was told I had to prove where the money came from ie: pension or whatever the source of income was.

Not uncommon to request evidence the income came from a pension, as mentioned in Immigration orders.

Some IO's enforce it, some do not.

Statements from your pension providers as to your annual/monthly payments are acceptable, P60's if you're from the UK.

I am in Hua Hin, so not sure how things work on Koh Samui.

But, my pension funds sends me an annual letter detailing how much I shall be receiving per month over the coming year. I have always attached a copy of this letter to my annual visa extension application, and had not problems.

Pension letters are all well and good, but what does someone do that is just sending themselves money out of a savings account in their home country each month to live on? Sounds like you are back to bank statements.

12 minutes ago, dinger said:

Pension letters are all well and good, but what does someone do that is just sending themselves money out of a savings account in their home country each month to live on? Sounds like you are back to bank statements.

As some posts have indicated... it depends on immigration office.

I use income method (retirement) and my funds are transferred from my Oz bank Thai bank using WISE.

For immigration (CW) I provide a 12 month bank statement that shows transfers of more than 65k

14th of each month.

I highlight the transfers which are coded as "international transfers"

Unfortunately some offices have fascination with the work pension.

The funds are from pension or income.

So far CW have not asked for the source of the funds.

Well might as well really muddy this discussion up.

When the IO told me that I had to have proof of funds she also told me (i am not making this up believe me) that 65,000 was not enough each month as I might just be recirculating old money. So I asked her how much is enough money each month. Her reply was what ever your stated amount of your pension is that is what you need to send. So according to her if my pension is 150,000/month that is what I must send. It must match the proof of income statement.

My wife was standing right there and asked her again in Thai so there was no misinterpretation.

I am fine as I have 2 accounts so can go either way.

3 minutes ago, dinger said:

Her reply was what ever your stated amount of your pension is that is what you need to send. So according to her if my pension is 150,000/month that is what I must send.

The io is a fool

#22 mentions income.

Source: Immigration Bureau https://share.google/AQBorUqjWGOMVCAU6

For a Non O you must be over 50.

You do not need to have a pension.

True you may need to show source of income. Not necessarily a pension.

Totally agree, I think she is just making this c#$p up as she goes along.

  • 2 weeks later...
  • Author

Just an update on what happened with the visa and a follow up question.

Along with all the usual forms I handed in a 12 months bank statement which was sent by Bangkok Bank via email (my 12 monthly international payments of 66k were highlighted by me). The statement was not stamped or signed by Bangkok Bank. Bank letter (stamped and signed) showing over 800k and bank pass book printouts with the on-day transaction. This was my second extension after last year's which was the 800k option.

Anyway the visa extension was granted. I asked if it had been done on the income or 800k method. They confirmed that it had been processed using the 800k. I queried this with the IO officer who processed it and the reason was that although I had the income I also had the 800k.

So for next extension I'm planning to make sure I don't have the 800k in the bank only the regular income. If it fails I'll just have to start again. But my question is how do you manage the 800k / 400k / 800k going forward. Am I ok keeping the 800k for 3 months, reducing it down to 400k for the 7 months, then reducing it further if I'm trying to use the income method. My monthly income transfer have now increased to 70k per month.

14 minutes ago, qwab32 said:

Am I ok keeping the 800k for 3 months, reducing it down to 400k for the 7 months, then reducing it further if I'm trying to use the income method. My monthly income transfer have now increased to 70k per month.

You would need to keep the 800k in the bank for the 3 months from date of approval of extension.

At the same time continue with the monthly transfer of 65k+/month.

For next extension you will be able to show from approval date of last extension 800k (maintained for 3 months) and 12 monthly transfers.

Having stated all that... when I changed from money in bank method to income method I maintained the 800k for the entire year PLUS the transfers.

Did not have the issue of io insisting on must use money in bank method just because the money (800k+) is in the account. Especially as you highlighted the monthly transfers.

Assume you made it very clear that you satisfied income method.

I would have challenged io on that.

I use CW.

In your situation I would go back to immigration and clarify exactly what they want to see next extension.

Should be 800k for first 3 months of current extension AND 12 monthly transfers. Which office?

1 hour ago, qwab32 said:

So for next extension I'm planning to make sure I don't have the 800k in the bank only the regular income. If it fails I'll just have to start again. But my question is how do you manage the 800k / 400k / 800k going forward. Am I ok keeping the 800k for 3 months, reducing it down to 400k for the 7 months, then reducing it further if I'm trying to use the income method. My monthly income transfer have now increased to 70k per month.

After the 3 month 800K period, just reduce it to 400K - that simple.

  • Author
47 minutes ago, DrJack54 said:

You would need to keep the 800k in the bank for the 3 months from date of approval of extension.

At the same time continue with the monthly transfer of 65k+/month.

For next extension you will be able to show from approval date of last extension 800k (maintained for 3 months) and 12 monthly transfers.

Having stated all that... when I changed from money in bank method to income method I maintained the 800k for the entire year PLUS the transfers.

Did not have the issue of io insisting on must use money in bank method just because the money (800k+) is in the account. Especially as you highlighted the monthly transfers.

Assume you made it very clear that you satisfied income method.

I would have challenged io on that.

I use CW.

In your situation I would go back to immigration and clarify exactly what they want to see next extension.

Should be 800k for first 3 months of current extension AND 12 monthly transfers. Which office?

Samui

1 hour ago, qwab32 said:

Just an update on what happened with the visa and a follow up question.

Along with all the usual forms I handed in a 12 months bank statement which was sent by Bangkok Bank via email (my 12 monthly international payments of 66k were highlighted by me). The statement was not stamped or signed by Bangkok Bank. Bank letter (stamped and signed) showing over 800k and bank pass book printouts with the on-day transaction. This was my second extension after last year's which was the 800k option.

Anyway the visa extension was granted. I asked if it had been done on the income or 800k method. They confirmed that it had been processed using the 800k. I queried this with the IO officer who processed it and the reason was that although I had the income I also had the 800k.

So for next extension I'm planning to make sure I don't have the 800k in the bank only the regular income. If it fails I'll just have to start again. But my question is how do you manage the 800k / 400k / 800k going forward. Am I ok keeping the 800k for 3 months, reducing it down to 400k for the 7 months, then reducing it further if I'm trying to use the income method. My monthly income transfer have now increased to 70k per month.

800k for 3 months. Never let it drop below 400k until you have next year's extension in your passport.

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