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Renewing Non 'O' Type retirement Visa, based on on monthly income.

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My Non 'O' Type Retirement Visa is due for renewal in May 2017.  This will be my first renewal. I do not have 800,000 baht to put into my thai bank account. I'm a little concerned that my income based on monthly pensions,  will now not quite reach the  65,000 baht limit (due to the low exchange rate), which I believe is still the monthly income figure required, . Firstly, when I apply to the consular, for a letter to confirm my pension income for immigration, which is in pounds sterling into my UK bank account, do immigration take into account the pension amounts before, or after tax is deducted, or do they take into account the amount of bahts coming into my thai bank account?

Secondly, what if I fall short of the 65000 baht mark?  I fully understand that rules are rules and there has to be a benchmark figure to work on, but how strict is it? For an example, In November last year my income was the equivalent to nearly 70000 baht, now it's hovering around 64/65000 baht.

Has anyone had any problems with these issues and is there any other way around the problem, apart from getting married, which I may consider if necessary lol?

Moved to here.

You can use gross income when you get your income letter. Immigration does not expect it to be net income.

If you have any other income it can be used along with your pension.

If your income is a small amount below the 65k baht requirement you could show some money in the bank to make up the difference to meet a total of 800k baht. Some offices want it to be in the bank for 3 months but the written rules do not require it. I suspect though if it was a small amount those offices that want it to be in bank for 3 months would accept it.

  • Author

Thanks ubonjoe.

Using my gross income is certainly going to help.

I don't want to appear stupid, but I'm not really sure that I understand what you mean when you say "Some offices want it in the bank for 3 months but the written rules do not require it". Do you mean I must be able to show an income of 65k baht each month for three months in my thai bank account or the full 800k baht, which I do not have?

Also, if I can show 65k baht every month for 3 months, do I still require an income letter or can I use my thai bank book?

10 minutes ago, JimmyCardiff said:

Thanks ubonjoe.

Using my gross income is certainly going to help.

I don't want to appear stupid, but I'm not really sure that I understand what you mean when you say "Some offices want it in the bank for 3 months but the written rules do not require it". Do you mean I must be able to show an income of 65k baht each month for three months in my thai bank account or the full 800k baht, which I do not have?

Also, if I can show 65k baht every month for 3 months, do I still require an income letter or can I use my thai bank book?

I was referring to using a combination of annual income and money in the bank to reach a total of 800k baht. The 3 months seasoning is for the money needed in the bank to make up the difference that some offices want. For example if your income was only 64k baht you would need 32k baht in the bank.

 

  • Author

Am I missing something here?? 

If my income was showing 64k baht each month, what do you mean I would need 32k baht in the bank?

  • Author

OK, sorry...I got it (I think). You mean I need an additional 32k in the bank. Can that 32k baht also come in say like 3k baht each month?

And will I still require an income letter?

4 minutes ago, JimmyCardiff said:

OK, sorry...I got it (I think). You mean I need an additional 32k in the bank. Can that 32k baht also come in say like 3k baht each month?

And will I still require an income letter?

You would need 32k baht in the bank on the date  you apply for the extension to reach a total of 800k baht. That would be a annual income of 768k baht (64k X 12) and 32k baht in the bank.

You would need a income letter and a letter from the confirming the 32k baht in the bank.

Was mentioning that as an example if your income was not going to be 65k baht per month when you apply for the extension.

  • Author

Thanks ubonjoe,

I got it in the end.  Sorry to appear dim, but my brain was in neutral lol

Hope this helps JC

 

What was your basis for funds - (1) a deposit of 800K+ OR (2) income of 65K per month OR (3) a combination of both?

(1) requires certification by bank letter

(2) requires certification by an Affidavit from your Embassy

(3) requires both a bank certification AND an Affidavit.

  • 1 month later...
  • Author

Thanks very much Evilbaz :rolleyes:

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