Accessing The 400,000 Baht Required For A One Year Visa.

[Maestro]

Different banks use different transaction codes.

For none of the extensions for which money in the bank is an option does the Police Order specify that the money must come from abroad, although in the past some immigration offices asked for proof of this.

--

Maestro

[Billion]

Different banks use different transaction codes.

For none of the extensions for which money in the bank is an option does the Police Order specify that the money must come from abroad, although in the past some immigration offices asked for proof of this.

--

Maestro

Past 5 year extension of stay based on being married to Thai woman they wanted to see a proof letter from abroad but this year they gave me the proof letter back to me and said: We can see the Foreign Telegraphic Transfer in your bank passbook. (FTT)

[martyboy]

Hi all where can I get information about the one year Visa for married. I am married to a Thai, marriage was in Australia. I earn about 400,000 Baht per month. Thanks quote]

Wow! If you earn that in Thailand, are there any vacancies?

[Navalator]

Bangkok Bank quarterly posts interest payments in my savings account. I never pay attention to how much because the purpose of the account is to continue to be eligible to stay in Thailand. I also do not have a lot of traffic in my account for the same reason. I just pretend that I do not have a lot of money in my Thai account so do not depend upon it in any way other than to qualify. My policy is that the account is there for emergencies if needed. Worrying about it is not worth the stress. If I rely on the account for living expenses then I cannot afford to live in Thailand. But my account does pay interest.

[buffaloe]

I have heard this somewhere too, but there is nothing in the regulations about showing that you are using cash above the required amount on a regular basis, nor is there anything in the regs about replenishing the said amount each year - nor for the requirement that the said funds be transferred from abroad - strange but true. I also think that part of the reason for the 3 month rule is so that Thai banks can make money from the deposits. This is why the cash should be in a SAVINGS account with pathetic interest rates. Time deposit accounts are not recognised - they would yield more for the depositer. Essentially, Thai banks are getting away with paying short-term interest rates for 3-month 'time' deposit accounts - a complete rip-off - as are the discriminatory lower interest rates for savings accounts for foreigners as opposed to Thais.

The regulations say that you top up to the required amount every year.

Fixed Interest (Time) Accounts are recognised and are available to foreigners at the same rates as Thais. Admittedly a pathetic 1.75% from today.