Proof of Income for Visiting Family Members

[Cam Khao]

Quick question really.

Would a monthly dividend paid to a non-working company shareholder be acceptable as proof of income for a non-immigrant O based on visiting a family member?

Thanks in advance.

[ubonjoe]

What family member would you family member would you be visiting?

To get a non-o visa at an embassy or consulate you may not need to show financial proof dependent upon where you apply for it.

To get an extension of stay at immigration you would need a letter from your embassy to prove your income. What you could show to prove the income would depend upon their policies.

[Cam Khao]

I'll be visiting (and taking care) of my Son, I am the legal registered father.

I've just got a triple entry tourist visa, that will take care of my next two visits to Thailand, with some work in-between and then back to Europe at the end of the year, this will be my last tour of duty as a working person.

At the end of this year I retire completely, and hand my company over to somebody else to run for me. At that stage, I know I could dump 400k Baht into a bank account, and do it that way. But I see this as entirely dead money, it would just need to stay there year after year, earning no interest, etc.

So I'm thinking the passive income I receive from still owning my company would be a better way of proving I have the cash to support myself and my Son in Thailand.

I'm also too young for an extension of stay based on retirement, I have a few years to go before I can go that route.

Cheers.

[ubonjoe]

Are you legal father of your son by way of marriage or legitimization. Just your name on the birth certificate is not enough to apply for an extension of stay. See: How To Gain Parental Rights As A Father

You will need proof of 40k baht income. You will have to get the proof by way of an income letter from your embassy here.

The extension you would be applying for would be one based upon being the parent of a Thai child.

[Cam Khao]

Not legitimized yet Joe, but will be by November, he turns 7 at that time. That works out OK for me though, as I will be back in Europe in December, and back working, so by the time I need to get the non O and head back to Thailand he will be legitimized.

And then I need the proof of income from the British embassy in Thailand then?

Thanks for the help buddy, its all a bit confusing at times!

[ubonjoe]

You will get the income letter from the embassy.

[Cam Khao]

Awesome, thanks for the advice.

[Pib]

At the end of this year I retire completely, and hand my company over to somebody else to run for me. At that stage, I know I could dump 400k Baht into a bank account, and do it that way. But I see this as entirely dead money, it would just need to stay there year after year, earning no interest, etc.

It wouldn't be totally dead money....a regular Thai bank savings account earns around 0.5% interest and a fixed savings account around 2% or more.

[Cam Khao]

True, but I can think of a million and one better things to do with £8,000 than leave it sitting in a low interest bearing account year after year.

[chrisinth]

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True, but I can think of a million and one better things to do with £8,000 than leave it sitting in a low interest bearing account year after year.

Personally, if it gave me access to my son and was the simplest path to go, it would be worth every penny....................

[Pib]

Yeap, but if you want to get a yearly extension based on Bt400K in a Thai bank, then that's the interest you'll get. Otherwise it pretty much the embassy letter route.

[Cam Khao]

Yeap, but if you want to get a yearly extension based on Bt400K in a Thai bank, then that's the interest you'll get. Otherwise it pretty much the embassy letter route.

It is an option of course, but if I can do it the certified income letter way, then that would be preferable.

[ParadiseLost]

The money does not have to sit in an account; once the extension is granted the money is free from any restriction.

Three months before the extension expires the balance must be topped up again.

If you are good, you have 9 months to turn it into a fortune

Edit:

I recall reading somewhere here that the rules for an extension to support a child has a lower financial requirement, and the aging period is only one month.

Edited May 24, 2014 by ParadiseLost

[Maestro]

...

I recall reading somewhere here that the rules for an extension to support a child has a lower financial requirement, and the aging period is only one month.

Neither of the above is the case under current extension rules, ie Police Order 777/2551.

Sent from my Nexus 7 using Thaivisa Connect Thailand mobile app

[ubonjoe]

For an extension of stay based upon having a Thai child the 400k baht does not have to be in the bank for any amount of time. It only has to be there on the date of application according to the rules. There are a few immigration offices that will want it be there for 60 days.

Since there will be a 30 day under consideration period the money would need to remain in the bank until the extension stamp is done.