When applying for a retirement extension of stay (1 year) based on income and money in a Thai bank account is there a minimum period of time the money has to be in that account like with the 3-months applied to the 800.000 baht or can it be transferred just ahead of the application date.

If first time only two months are required. After that three months prior to each renewal.

Above is for money in bank only. If you are using combination there should not be any requirement to have money in account early.

Edited May 7, 200917 yr by lopburi3

One improper post deleted.

For the combination of income and money in the bank option their is no requirement for the money to be in the bank for a fixed period of time.

When applying for a retirement extension of stay (1 year) based on income and money in a Thai bank account is there a minimum period of time the money has to be in that account like with the 3-months applied to the 800.000 baht or can it be transferred just ahead of the application date.

I found this on the net and is the reason i raised the question.

Like you i'm of the opinion that to go the joint income and money in a Thai account route there is no 3-months rule but this officer says there is, which confused me.

“Retirees who request a one-year permit to stay must satisfy these qualifications:

1. Hold a valid non-immigrant O visa.

2. Be 50 years of age, or older.

3. Have income from one of these sources:

3.1 Pension, Social Security, Interest or Dividend of not less than 65,000 baht per month.

or

3.2 Have not less than 800,000 baht deposited in any Thai bank account (savings or fixed-term account) for not less than three months before the application date. Account name must be only in the applicant’s name or may be a joint account in the name of the applicant and his/her registered married spouse only.

or

3.3 The applicant’s total income derived from 3.1 expected to be received over the 12-month period being applied for PLUS the money deposited in a Thai bank account for at least three months must not be less than 800,000 baht.

Application documents required:

1. Application form (TM7), which is provided by Immigration office.

2. A recent 2 x 2-inch photos of applicant.

3. Copy of passport (copy of face page and page with most recent Thai visa).

4. Evidence of income:

4.1 In case of applicant applying for permit to stay on the basis of receiving income while staying in Thailand (as listed in 3.1), the documents must be issued by the original source less than one month before the application date.

The applicant must show proof that money received from the above sources is spent in Thailand, such as Thai bankbooks and evidence of Thai credit card and cash card transactions.

4.2 In case of applicant applying for permit to stay on the basis of having 800,000 baht in a Thai bank account, applicants must provide a letter from the Thai bank and a copy of the bankbook showing the three months before the application date, proving that there is 800,000 in the account.

If the account has the spouse’s name, applicant must provide a copy of the marriage license.

4.3 In case of applicant applying for permit to stay on the basis of a combination of income and money deposited in a Thai bank account (see 3.3), applicants must show documents according to requirements listed in 4.2 and 4.3.

5. The Immigration Officer reviewing the application reserves the right to ask more additional documents.

Note: Any documents filed in languages other than Thai or English must be translated into Thai or English and the translation and the information the documents contain must be verified as accurate by the embassy or consul of the applicant’s home country.

Also, when applying in person the applicant must bring ALL original documents.”

Pol Capt Krissarat Nuesen of Phuket Immigration Office.

I found this on the net and is the reason i raised the question.

Like you i'm of the opinion that to go the joint income and money in a Thai account route there is no 3-months rule but this officer says there is, which confused me.

Don't be confused. No money seasoning is required if you are using an income letter PLUS Thai bank account.

This is what 2.22 of the police order says.

(5) Annual income plus bank account deposit totaling not less

than Baht 800,000 as of the filing date of application

What you found may be out of date or just plain wrong. Or it could be a Phuket rule,

3.2 of the post is out of date. New applications only have to be in the bank for 60 days.

Thanks for input guys.

I subscribe to your way of thinking in that it might be an out of date ruling even though i don’t remember that rule ever being applied in the year’s i've been applying for my retirement visa.

As suggested it might have been (or still is) a rule applied in another region.