Retirement Visa

[tanner89]

Have Thai wife, weekly pension 158.37 pounds,no money in Thai bank,non imm 'o'vsa till August,want to apply for retirement visa from Chachoengsao because we live in Prachinburi.

Can anybody help,please!.

[lopburi3]

If you are asking about legal requirements and that is UK pounds you can not obtain any such visa inside Thailand and you do not qualify for retirement extension of stay. Nor would you qualify for the Thai Wife extension of stay.

Retirement 65k baht per month income or 800k in account two months or combination.

Marriage 40k baht per month income or 400k in account two months.

[Lite Beer]

Sorry but as said you do not qualify for anything.

100,000 Baht in a bank would get you another Non Imm O Visa multi entry from KL.

[wpcoe]

At the moment, he would *just barely* meet the requirement for a marriage extension, no?

GBP 158.37/week x 52 weeks/yr = GBP 8235.24/yr = THB 402,957.24/yr at this very minute per Yahoo Finance.

Granted, that's a mighty close squeak by, and highly dependent on the exchange rate in effect on the date of application/approval.

I'm not as familiar with marriage extensions, as with retirement. Is there an option to use "income + savings" to meet the B400,000 requirement? If so, a small balance to account for currency fluctuations would be highly recommended.

[edited, because I realized the income is B40,000/month, not B400,000/year:]

Okay GPB 8235.24/yr ÷ 12 = GBP 686.27/month = THB 33,579.77, which is a significant shortfall from the B40,000/month.

So, I guess only if the income+savings > B400,000 is acceptable, would he have a shot.

[beechguy]

For marriage extension, there is no combination method, it's 400K in the bank, or 40,000 Baht per month income.

[wpcoe]

dam_n, then the OP really doesn't qualify for anything!

[lopburi3]

Only marriage advantage would be the 60 day extension of stay provision. So single 90 day entries could be extended to 150 days before a new visa entry required.

[wpcoe]

This may have been discussed to death before (but I don't usually follow marriage extension stuff), but any rationalization why retirees get the option of combined income+savings to reach their B800,000, while married fellows don't get that option?

[lopburi3]

They have a much higher bar to meet and many have fixed retirement income that can easily fall below the total requirement at some point? That would be my guess. Most using marriage have a current job/employment where hopefully there income will increase with inflation changes. If not they have a bank deposit method of only half that required for retirement.