One Year Extension

[micky]

My uncle has bought a condo in Thailand.

He is over 60 years old. He intends to extend his "O" visa to one year.

On 3rd Feb 2011 he managed to open a savings account in a Thai bank

with a small deposit of 10,000 baht.

In the middle of 15th April this year, he deposited the 800,000 baht into

his savings account in the same bank.

Now the question is this:

Can the "60 days" period be counted from 3rd Feb?

Or the "60 days" period can only be counted from 15th April?

He is going back to Thailand on May 12th.

Can he apply on the 12th May?

Or he has to wait for the 60 days from 15th April.

Your advice is much appreciated.

Thank you.

[Lite Beer]

60 days from 15th April would make it the middle of June.

[terak69]

From 15th April - money (800,000) must be seasoned for 60 days - why would it be from 3rd Feb, money wasn't there until 15th April

[KimoMax]

When is his Extension of Visa Due ? What date ?

What kind of Visa is he entering Thailand on May 12th ? Or is he entering on a Multiple entry Type O or Retirement Visa with time left on that visa ?

He can Try to apply for the extension even if the money is not seasoned. The rules say it needs to be seasoned, but the officer processing the Visa Extension may process it anyhow, or deny it at his/her discretion.

If they won't extend, could possibly start the process over by applying for a new O Visa, then coming back (in what is it, 60 or 90 days) to get the Retirement Visa. By then, the money will have been seasoned long enough.

Edited April 28, 2011 by KimoMax

[micky]

Hi KimoMax,

He is entering on a Non-Immigrant "O" visa (Single Entry).

Visa ending 17th July.

He wants to get it fast because he has to return home to

Malaysia every month.

Of course he could apply for a re-entry permit on his "O" visa,

but to save costs, it would be better to get the extension first,

then only apply for the Re-entry permit for the One Year Extension Visa.

Getting two re-entry permits is a burden and time consuming.

Any extra suggestions will be much appreciated.

Thank you.

[Mario2008]

The 60 days is 60 days before the date he applies for an extension of stay at immigration.

However, retirement has 3 options:

1. showing 800,000 in the bank for 2 months first time and 3 month every time after

2. show an incoem of 65,000 a month (can be from abroad, in that case show a letter from his embassy confirming his income)

3. Show a combination of money in the bank and yearly income, together totaling 800,000 baht.

In the case of this third option there is no need to season the money for 2 or 3 months!

[micky]

Thank you very much to all of you for your kind advice.

Will inform my uncle it is 60 days for the 800K to be in.

Thank you once again. Much appreciated.

[KimoMax]

Micky,

Sounds like the money will be seasoned about 60 days by June 15th. Your Uncle can use that deposit anytime on or after that date to qualify for an extension.

If that is not possible, Mario gave you a suggestion of using an Income Verifcation letter from your Uncles Embassy in Thailand together with the bank deposits and there is no need for the money to be seasoned using that combination income and bank money option.

Edited April 28, 2011 by KimoMax