Report: Jack S
Subject: Immigration – Income
I saw an interesting video on YouTube this week: www.youtube.com/ Now that is related to those who do not receive a letter of support from their embassy, but have to prove through their bank that they receive 65.000 Baht every month.
He says the following: he has only 45.000 Baht income. Yet he sends 65.000 Baht every month to his account in Thailand. He then immediately sends the 20.000 Baht difference back to his account in Great Britain and lets it come to Thailand with the next payment. He says this is perfectly legal.
Of course there are additional costs involved. I don't know how much either, but the experts among us will know. I had to make a quick transaction a few months ago and was able to get the money into my account in Germany within three hours as I can also buy and sell Bitcoin. That was 600 Euro, so a little more than his 20.000 Baht and it only cost me 6 Euro (partly because of the exchange rate difference).
Now I don't know if we as Dutch people can do that too, but it could be a solution for all those who don't have enough income. You don't have to leave 800.000 Baht in a bank here.
I thought this simple solution was genius and wanted to share it with you here. Whether it is of any use to us… I don't know, but the British, Americans and Australians do, because they no longer receive affidavit from their embassies.
Reaction RonnyLatYa
Thank you for the notification.
– We already posted a similar entry at the beginning of April. (See link below)
As I also said back then “- In my article about extending the visa it says about the deposit method “This fourth method was only recently (2019) introduced to accommodate applicants whose embassy no longer wants ““Income Affidavit” give out. It is therefore quite possible that immigration offices only allow this method for applicants from those countries. Since the Netherlands works with the “Visa Support Letter” and Belgium with the “Income Affidavit”, it is therefore possible that you, as a Dutch or Belgian person, are not eligible for this method. These are then local decision of your immigration office”.
– Keep in mind that you can always ask for “Evidence showing income”, as stated in the new rules for monthly deposits. Proof of income, ie where that money comes from.
Separate from any Visa Support Letter or Income Affidavit that the Embassy issues.
TB Immigration Info letter 027/19 – More roads lead to Rome
Note: “Reactions are very welcome on the subject, but limit yourself here to the subject of this “TB Immigration Infobrief. If you have other questions, if you would like to see a topic covered, or if you have information for the readers, you can always send it to the editors. Use only for this www.thailandblog.nl/contact/. Thank you for your understanding and cooperation”
Regards,
RonnyLatYa
Genius is a bit of an exaggeration.
Furthermore, the solution may be to the letter of the law, but not to the spirit of the law.
As far as I know, immigration is also not obliged to give someone a year extension, even if it meets all the conditions.
So there is always the risk that that beautiful plan will go wrong if the immigration finds out.
That Englishman would probably be wise to build up savings in Thailand so that he really complies with the rules.
With 45000 Baht in income, he will not be able to save much to save 800.000 Baht for a while, unless he has a partner who can do that. If he could save 200 euros, it would take him 10 years to collect that money, provided the euro does not fall further or the baht rises. He would then have to live on less than 10 baht for 30.000 years. It can be done, but then you have little room for something extra. After all, every month there are costs that can exceed your budget.
He does not need to save 800.000 Baht if he uses the combo method,
Only the amount to cover that shortfall of 20.000 Baht per month.
It all depends on what you choose, security or luxury.
He is English so he cannot use the combination because his embassy does not issue proof of income for the income portion. That is a prerequisite for the combination method.
He therefore only has the choice between a bank amount or monthly deposits.
This must be at least 800 Baht for a bank amount and at least 000 Baht for deposits.
His only option to use the combination is to try to find a consulate like the Austrian consul in Pattaya. But I don't know if those passport holders from UK, US or Australia accepted, since their embassy doesn't want to issue proof of income either
I may have misunderstood, but I thought that if you deposit money from abroad into your Thai account, the origin of the money is not important.
That income statement is important, in case you do NOT transfer that money to Thailand.
Then Thailand would like to make sure that you are not a pauper.
But that's how I understood it, maybe I'm wrong.
If you are going to use an income for “Retirement”, both deposits and an income statement must concern “Evidence showing income such as pension or interest received or dividend received”.
At least that's what it says in the rules.
Whether people will ask for proof of this when making deposits is of course the question. Usually a bank receipt, which proves that the money comes from abroad, will suffice. But the possibility is open that one can ask for that proof.
Anyway, in the end it's all just what your immigration office is willing to accept.
There are even those who want to see an income statement and monthly deposits.
Thus, the income statement loses its usefulness, of course.
And there are also those who do not accept deposits if your embassy issues an income statement.
And so there will also be those who accept the combination method with deposits and bank amount…
But I suspect that everyone will already be familiar with that arbitrariness in applying the rules.
Dear scarf S,
Maybe this is the problem.
It may be that Thailand will also control the income of 65.000 Bath.
This is already happening with the new 800.000 Bath regulations.
I hope for the people who can hardly meet the combo that there is indeed
still some things to fix here and there.
Yours faithfully,
Erwin
In preparation for my annual renewal in October, I inquired about the rules at Tha Yang (Petchaburi) immigration. I showed them a transaction list with the monthly deposit of 70.000 baht but they don't accept it because the Dutch embassy issues an income support letter. If they would not do this, those transactions would be supported. Then I asked if my wife could also extend on the basis of an international marriage certificate, which was always the case, the answer was: Yes, if legalized by Min. of Foreign Affairs and Thai Consulate in the Netherlands.