Extension of stay, lump sum + pension combination

[Thailand]

Extension of stay (retirement visa)  with a combination of pension and lump sum.

 

Does the lump sum have to be in a bank account for 2/3 months as with the 800K lump sum or does it depend on the office where you make the application?

[ubonjoe]

It is not in the written rules that the funds have to be in the bank for any amount of time.

But many immigration office require it to be in the bank for 60 days for the first extension or 3 months after that. Some will allow it if the money in the bank is a small amount.

[elviajero]

Yes it does, but they can waive the rule if the amount in the bank to top up the income is small.

 

You should check with your office if you want to use that method.

[fdch]

money needs to be there about 60 days

but also possible to loan the money pay interest ( 60 days)and get a year visa

no need for big amount of sleeping useless money

total costs for visa 1 year about 27000 

4 visa runs tourist will be about the same costs( transport, stay ,food +drink, and  visa costs  3000 per 90 daysx 4 )

pay 1000 extra  and u need not to go to the ****** immigration anywhere for 1 year

sabai sabai

[louse1953]

Can the combination method be used for supporting a Thai child.

[ubonjoe]

1 hour ago, louse1953 said:

Can the combination method be used for supporting a Thai child.

The there is no combination of income and money in the bank allowed for extensions based upon being the parent of a Thain or marriage to a Thai.

[Evilbaz]

 I have had previously a number of retirement extensions.

This time I will be extending after 2 years on a new OA Visa.

 

Is my "seasoning period" on the combo method (Phuket) 2 months or 3 months?

 

[Jingthing]

That would be your first extension on your current O-A ("new") visa so I would say two months. However, under the actual written rules no seasoning is needed for combination method but in recent years seasoning has been enforced on those applications. 

[Thatduderay]

Isn't it just as simple as getting the Proof of Income Affidavit from your embassy?  I know whenever I get my Proof of Income Affidavit for my annual visa extensions the embassy doesn't even ask to see my bank statements.  I always bring them with me when I go just in case and offer to show them but they don't even want to look at them.  You're just swearing under oath basically that you receive that income or have that amount of money in the bank.  I don't know about retirement visas but I know a marriage visa is somewhat similar and all I ever need is the Proof of Income Affidavit from the embassy.  It's actually a lot easier than I thought it would be.  

[Thatduderay]

I guess that's a different scenario using pension and lump sum amount because I just go by my monthly pension payments.  I never use the amount I have saved only my proof of income.  It's probably just easier to just get the Proof of Income Affidavit from your embassy.  As long as you can support yourself what does it really matter.  Do they really need to know the exact amount of money as long as you meet immigration's minimum requirements?  If I'm not mistaken I believe the minimum requirements are either 40,000 baht a month or 400,000 baht saved in the bank.  At least that's what they were last time I remember researching it.  

[elviajero]

2 hours ago, Evilbaz said:

 I have had previously a number of retirement extensions.

This time I will be extending after 2 years on a new OA Visa.

 

Is my "seasoning period" on the combo method (Phuket) 2 months or 3 months?

 

It should be 60 days as it's the first extension of your current entry. However, don't be surprised if they insist on 3 months because of your previous extensions.

 

If the shortfall in income is small they might waive the 60 days/3 months.

[elviajero]

1 hour ago, Thatduderay said:

I know whenever I get my Proof of Income Affidavit for my annual visa extensions the embassy doesn't even ask to see my bank statements

Most embassies require proof. And immigration can ask to see proof of income even with an embassy affidavit.

[elviajero]

1 hour ago, Thatduderay said:

If I'm not mistaken I believe the minimum requirements are either 40,000 baht a month or 400,000 baht saved in the bank.

Those are the amounts for an extension of stay based on marriage/parent. It is 65K/800K, or a combination of income/bank deposit totalling 800K, for a retirement extension.

[Thatduderay]

17 minutes ago, elviajero said:

Most embassies require proof. And immigration can ask to see proof of income even with an embassy affidavit.

I've never been asked and I've even offered to show proof such as bank statements and my pension documents but they always tell me it's not necessary.  Actually my pension has increased since I was originally awarded it because of cost of living adjustments we actually got a COLA raise this year.  So it's different now than what my original documents say it's actually more now.