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  1. #26
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    A way to split the difference:

    Establish a ThB400K term account to qualify for your marriage with Thai wife extension.
    (also known as buying a Nissan March and parking it in the carport, unused)

    Remember to let the US Treasury know you have a foreign account >USD10K by filing a FBAR report (FinCen Foorm 114).

    Once you have a regular passbook account established, have your bank complete their section of the ssa-1199-op107 form (Direct Deposit of Social Security into a Thai bank account).
    Submit completed to Federal Benefits Unit in Manila (FBU.Manila@ssa.gov) who administers all federal benefits for Thailand.
    Every month your net Social Security payment (after Medicare and withholding) is deposited into your regular passbook account.

    Next year present your bank letter showing your:
    1. Direct deposit of your Social Security payment into your passbook for the preceding year
    2. Sufficient funds in your term account to total ThB800K.
    Request extension based on retirement rather than marriage to a Thai wife using the combination method (note combination is not available for spouse extensions).

    This avoids depositing ThB800K into a Thai bank (AKA purchasing a Toyota HiLux double cab pickup and parking it unused in your carport).
    Splitting your qualifying between income and deposit gives most of us outside of urban areas enough monthly Thai Baht spending money once the house is built and the vehicles bought.

  2. #27
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by Buckaroo Banzai View Post
    I can show an income sufficient for extensions to stay do to Marriage (60,000 bht per month).
    Quote Originally Posted by PAG View Post
    Also, if using the monthly income route for a Marriage extension it's 40,000/month, not 60,000.
    Quote Originally Posted by Storekeeper View Post
    the 40,000 a month requirement based on marriage.
    Quote Originally Posted by Slick View Post
    transfer over 40k+ a month for the visa and extensions (or more)
    The Thai Ministry regulation/police order number.

    THE REGULATION

    ================================================== =
    Police order 777/2551


    Quote Originally Posted by OhOh View Post
    (6) In case of marriage with a Thai lady, the husband who isan alien must have an average annual income of not less than 40,000 baht per month or a money deposit in a local Thai bank of not less than 400,000 baht for the past 2 months for expenses within a year.
    Your Thai bank can provide the necessary paper work showing 12 monthly payments deposited as being "from a foreign source". Different banks use different terminology.

    The total annual sum of which must be greater than ฿48,000. The monthly foreign deposits do not need to be ฿40,000 or greater. It's the annual sum.

    Quote Originally Posted by Buckaroo Banzai View Post
    or use BOA debit card
    If you use a credit card you will not have "payments deposited" as being "from a foreign source". Your deposit will be shown as a cash deposit.

    Quote Originally Posted by Buckaroo Banzai View Post
    With Bangkok bank, do I open an account at their NY branch, or at a Thai branch?
    A Thai branch is accessible and has experience in providing TIOs with the required financial paperwork.

    Quote Originally Posted by Buckaroo Banzai View Post
    Thai bank account via TransferWise account
    Confirm with Transfer Wise that their transfers are indicated as being "from a foreign source" when deposited in your Thai bank.
    A tray full of GOLD is not worth a moment in time.

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