Presumably "the money" arrived from a foreign source sometime , possibly years, ago. As the current "amendments to the "Pension" or "marriage" visa extension" stipulates, currently:
I am presuming the phrase "your extension" refers to new annual extension required this upcoming year.
Are you planning to send a months worth of "the money" back to your home country or another foreign bank account and then back to your Thai bank account, so that it becomes noted/described in, your Thai bank account, that it originates from a "foreign source"?
Or are you hoping that TIO will continue to accept that, possibly years ago, you imported "the foreign sourced money" and the source of income, untouched lump sum/pension/investments/dividend, continues to be classed at being "foreign income", received the year prior, to the upcoming extension? Or in fact the "foreign sourced every month" requirement will be ignored?
A tray full of GOLD is not worth a moment in time.
^^
Just need 400/800k in the bank, doesn't need to be monthly income.
You, like many others, have "the money", the required sums inside Thailand. In various bank accounts, investments, assets etc.
Presuming:
1. "The money" arrived and has been noted, from a "foreign source" sometime , possibly years, ago.
2. The phrase "your extension" refers to a new annual extension required this upcoming year.
3. The current "amendments to the "Pension" or "marriage" visa extension" have been in place legally from Dec 2018 and they stipulate the following, currently:
Are you planning to send a months worth of "the money" back to your home country or another foreign bank account and then back to your Thai bank account, so that it becomes noted/described in, your Thai bank account, that it originates from a "foreign source" in the current year?
Or are you hoping that TIO will continue to accept that, possibly years ago, you imported "the foreign sourced money" and the source of income, the untouched lump sum/pension/investments/dividend, continues to be classed at being "foreign income", received the year prior, to the upcoming extension? Or in fact the "foreign sourced every month" requirement will be ignored?
In my dealings with TIOs, their concern was only the appropriate sum had been "seasoned" sufficiently, in the current year .
Last edited by OhOh; 06-01-2019 at 05:52 PM.
How easy is it to open a bank account these days without a non imm visa? Any banks in Bangkok you can just roll up and open one?
If you enter the country with a wad of cash, before going through customs you can make a declaration, show the cash, get a docket with a bunch of pretty stamps on it, and the money is thereafter treated as though it was transferred from abroad for official purposes such as immigration or property purchase.
Historically I agree.
However the 400/800k appears, to my understanding, to be the amount of annual "income" accrued and sourced from foreign lands annually. To be deposited in a Thai bank, from a foreign source .
Not the, same one lump sum, deposited possibly years ago and utilised every year.
But I have been known to be wrong.
Last edited by OhOh; 06-01-2019 at 08:57 PM.
Possibly not "retired", who ever is, but over 50 years old then?
As you posted you kept the money in the bank within a thread discussing the ins and outs of renewing ones marriage or retirement visa extension, I assumed you fitted one or the other categorises.
My apologies.
Jesus suffering Christ! Nothing has changed except some Embassies will no longer issue monthly income verification statements.
TBF if some don't have the lump sum in a fall back position, which should make any propose change of this sort irrelevant, then perhaps they either haven't made correct provision for living in a foreign country or wouldn't be able to cope anyway if VISA requirements or a major life event hits them
I lived in Thailand for 10 years on a combo of multi entry non O and B, meant a border hop every 3 months but never saw that as a hassle and no financial requirements. Always a way to stay if that's your desire and a weekend out the country every 3 months is hardly a great hardship.
Fok that. Border runs get old real fast.
Unless you're the likes of Dill spending a week in the Maldives or Hong Kong with a fine selection of fillies every 90 days. The poor fookers spending a day or two in cramped minivans or doing fly-in/outs must be fookin' shit sick of it by the end of the 2nd year, never mind the 5th or 6th.
Gearing up for the inevitable multitude of whining’s ‘bout extensions being refused; missed by a day, missed by a few Baht, averaging out too far more…
Subjective: The police order is read and interpreted by the individual Immigration Officer. The police orders provisions are enforced by the individual Immigration Officer on the basis of his/her interpretation and an extension is issued at the discretionof the individual Immigration Officer.
As Sir Norts said, much ado about nothing,
There are currently 1 users browsing this thread. (0 members and 1 guests)