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  1. #1
    Thailand Expat
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    BIG Changes to banked money method for retirement extensions.

    The newest police order put out (which takes effect on March 1st) spells out totally NEW criteria for people getting yearly extensions of stays based on being over 50 using banked money.

    You now need the 800K baht in a thai bank account in your name only for TWO months prior to you applying for your extension, AND for 3 months AFTER you get your extension, THEN the money cannot drop below 400K baht for the remainder of the year.

    I am guessing they will give a 3 month "under consideration" stamp when you apply for your extension making you come back with an updated bank book to show the 800K baht is still in the account after 3 months and then ink the rest of the 9 months extension into your passport
    AND the following year they will look at your bank book and make sure that at no time did the balance drop below 400K baht.

    I won't link to the article as it's from the Thai Visa group, sorry for that but they broke the story.

    It is already getting a LOT of blow back from foreigners AND immigration officers alike. Conveniently the person who signed the police order has been "unavailable for comment" since the breaking of the news.
    New Retiree Visa Rules Bewilder Thai Immigration: Source

  2. #2
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    These new changes come right on the heels of the earlier changes which affected the people using the monthly income method for proof of funds when the 4 consulates (US, USA, Australia & Denmark) stopped issuing affidavits of income from abroad notary letters.

    If you come from one of those countries and are using monthly income as a method to show proof of funds you need to transfer in from abroad at least 65K baht EVERY month for the 12 months prior to you applying for your yearly extension.

    There is also a matching police order which states this first year (when people are caught unaware they can't get the income affidavit) that the immigration office show "leniency" <- but it does not spell out how lenient they will be.

  3. #3
    Thailand Expat David48atTD's Avatar
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    Does it mention those 'grandfathered' under previous provisions?

    Any changes?

  4. #4
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    ridiculous rules by ridiculous people, another reason to leave that shithole

  5. #5
    Thailand Expat jabir's Avatar
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    Muppets in charge of a country!

  6. #6
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    I will just go back to my home country and obtain a one year, multiple entry Non-Immigrant O visa based on marriage to a Thai like I have done for the last 13 years. Much easier and not nearly as many hoops to jump through when getting an extension. When they tell me I can no longer do that, I will live somewhere else like Panama or Belize where they have very friendly immigration requirements. Things are getting rediculous here anyways.

  7. #7
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    Quote Originally Posted by rickschoppers View Post
    I will just go back to my home country and obtain a one year, multiple entry Non-Immigrant O visa based on marriage to a Thai like I have done for the last 13 years.
    Or like I have been telling you for 5+ years why not forgo the trip back to your country and just go to the thai consulate in Savannakhet Lao to get the SAME exact visa you get in your country? Savannakhet is just across the river in Mukdahan and the documentation is minimal as far as what's required to get the year-long, multi-entry Non-O visa based on marriage.

  8. #8
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    seems to have rattled a few cages on the other planet,over 1,900 posts since thursday.
    time for hakpan to drop the BIG JOKE its not anymore.

  9. #9
    Thailand Expat Pragmatic's Avatar
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    I can't see this ending as it is. What's next I wonder?

  10. #10
    Thailand Expat tomcat's Avatar
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    Quote Originally Posted by Pragmatic View Post
    What's next I wonder?
    ...I imagine Immi officers are wondering the same thing...

  11. #11
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    Quote Originally Posted by Pragmatic View Post
    I can't see this ending as it is. What's next I wonder?
    how long has the 1yr.extension been 1,900bht.?

  12. #12
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    Quote Originally Posted by headhunter View Post
    how long has the 1yr.extension been 1,900bht.?
    at least since 2000..
    ALL extensions of stays are 1900baht no matter how much time they're issued for.

  13. #13
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    Quote Originally Posted by toddaniels View Post
    at least since 2000..
    ALL extensions of stays are 1900baht no matter how much time they're issued for.
    so it could have been 20yrs.TDD.maybe another 0 added to the FEE.
    one for BJ =BIG JUMP.

  14. #14
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    after fridays experiance at the LH BANK korat where i have several accounts [7yrs].are the banks in CAHOOTS with immigration,the bank wouldn't let me open another fixed deposit acc.without a letter from immigration confirming my address.last one cost me 500bht.its only 8weeks ago they done my letter confirming my 800k.was still in a fixed term,been there for over 6yrs.and January they gave me my tax withheld certificates for tax refunds.so anyone else who gets aggravation from their bank POST IT HERE.
    I am waiting for a reply from LH.at bkk.

  15. #15
    Pedantic bastard
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    Quote Originally Posted by headhunter View Post
    seems to have rattled a few cages on the other planet,over 1,900 posts since thursday.
    time for hakpan to drop the BIG JOKE its not anymore.
    Sure are a lot of bunched panties over there, a lot of whom think this is some deep dark plot to get the farangs out of Thailand.

    Me? I think its more of the same. My experience is that Thailand has a lot of highly convoluted regulations on many matters, all of which fail to do what they are supposed to do.

    The first thing was to try and fix the gap left by some embassies not issuing letters, while to me, this looks simply like ham-fisted attempt to do away with people borrowing money to make it appear as though they have the required funds to stay.

    As always, people try to play the system and so another layer of regulations gets put in place to try and stop that. People will again find a way to apparently comply with the regulations while not actually meeting the regulations, and so later another layer of regulations will be slapped on top.

    Sadly, people will get caught in the system - and they should not blame the Thais completely - they should blame the people who have played the system resulting in the Thais having to paper over the cracks yet again.

    We have a perfect example on this board. Someone who "works" without a work permit. What ever loophole or crevice in the regulations he is exploiting will eventually be papered over -resulting in more inconvenience to all the thousands of farangs who were in complete compliance with the law.

  16. #16
    Thailand Expat tomcat's Avatar
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    Quote Originally Posted by nidhogg View Post
    resulting in more inconvenience to all the thousands of farangs
    ...how the tears will flow at Immigration offices: inconvenienced falangs! *sniff*...

  17. #17
    Pedantic bastard
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    Quote Originally Posted by tomcat View Post
    ...how the tears will flow at Immigration offices: inconvenienced falangs! *sniff*...
    Really? That's your take?

    The whole renewal process for YOU will be more difficult because of those farangs that bend or abuse the rules - and yes the immigration officers will not give a shit.

  18. #18
    Thailand Expat tomcat's Avatar
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    Quote Originally Posted by nidhogg View Post
    and yes the immigration officers will not give a shit
    ...*cough*...that was my point...

  19. #19
    Pedantic bastard
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    Quote Originally Posted by tomcat View Post
    ...*cough*...that was my point...
    Indeed. My point was that *that* was your point.

  20. #20
    Thailand Expat tomcat's Avatar
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    Quote Originally Posted by nidhogg View Post
    My point was that *that* was your point.
    ...in that case: well spotted!...

  21. #21
    Thailand Expat jabir's Avatar
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    Quote Originally Posted by toddaniels View Post
    at least since 2000..
    ALL extensions of stays are 1900baht no matter how much time they're issued for.
    Long time ago but I think my first couple of extensions in soi 8 early 2000s were 500, then it went to 1,900.

  22. #22
    Thailand Expat jabir's Avatar
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    Quote Originally Posted by nidhogg View Post
    Sure are a lot of bunched panties over there, a lot of whom think this is some deep dark plot to get the farangs out of Thailand.

    Me? I think its more of the same. My experience is that Thailand has a lot of highly convoluted regulations on many matters, all of which fail to do what they are supposed to do.

    The first thing was to try and fix the gap left by some embassies not issuing letters, while to me, this looks simply like ham-fisted attempt to do away with people borrowing money to make it appear as though they have the required funds to stay.

    As always, people try to play the system and so another layer of regulations gets put in place to try and stop that. People will again find a way to apparently comply with the regulations while not actually meeting the regulations, and so later another layer of regulations will be slapped on top.

    Sadly, people will get caught in the system - and they should not blame the Thais completely - they should blame the people who have played the system resulting in the Thais having to paper over the cracks yet again.

    We have a perfect example on this board. Someone who "works" without a work permit. What ever loophole or crevice in the regulations he is exploiting will eventually be papered over -resulting in more inconvenience to all the thousands of farangs who were in complete compliance with the law.
    Fair points, though as I recall in true Thai fashion BJ announced these new changes as an anti-corruption measure. As you say, ham fisted attempts to paper over a fissure, since all these will do is squeeze more farangs into filling visa firm and corrupt IO pockets with even more money than before due to the new rulez being more rigid 'and expensive' to circumvent.

  23. #23
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    could be a big rush on BROWN ENVELOPES.
    who is goner STOP it.
    BJ. has enough on his plate already.

  24. #24
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    I was looking at the straightforward route of putting B800K in a fixed deposit, accepting a small rate of return and going for the retirement visa.

    However, it seems from your post that I might struggle to open a fixed deposit, even if the money is already sitting in the same bank?

    Second question: The new rules talk of the B800K being in an 'active account'. By definition, a fixed deposit shows no activity. Does that mean it is a non-starter?

  25. #25
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    Headhunter - I was looking at the straightforward route of putting B800K in a fixed deposit, accepting a small rate of return and going for the retirement visa.

    However, it seems from your post that I might struggle to open a fixed deposit, even if the money is already sitting in the same bank?

    Second question: The new rules talk of the B800K being in an 'active account'. By definition, a fixed deposit shows no activity. Does that mean it is a non-starter?

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