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British Embassy to stop Pension Letter Service

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From 1 January 2019, the British Embassy Bangkok will no longer be providing British Nationals with letters confirming their income.

 

This letter has previously served as a supporting document for obtaining a Thai retirement or marriage visa. The British Embassy Bangkok is stopping the certification of income letters because it is unable to fulfil the Thai authorities’ requirements to verify the income of British Nationals.

 

British Nationals should now demonstrate that they have an amount of at least 800,000 THB in an account in Thailand for no less than three months prior to the visa application, or a monthly income of at least 65,000 THB transferred into an account in Thailand for a retirement visa.

 

For a marriage visa, the amounts are 400,000 THB in an account in Thailand for no less than three months prior to the visa application, or a monthly income of at least 40,000 THB transferred into an account in Thailand. A bank statement should be used as the supporting document for obtaining a Thai retirement or marriage visa.

 

All British Nationals concerned should note that the last date for income letter applications is 12 December 2018.

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That will cause some people a great deal of inconvenience , many are not fortunate enough to have the 800000b showing as a lump sum even for the relatively short time that it is required  as proof.

The only winner out of this will be places that already provide a service for ex pats to obtain a retirement visa thru illegal means visa agencys. Many have a corrupt immigration official on the pay roll who will provide the correct stamps, and enter details that you have met the criteria into the immigration computer system. So you and your passport  looks legal. A cost for this can range from 12000b upwards. Know an ex pat who done so last month. 

I often wonder if the dodgy immigration officer was caught would the investigating team look back ( and how far) at their history of processing farangs with visas and then would that farang get a knock on the door, or pulled aside when trying to leave Thailand at passport control. As technically they are on over stay. This can resort in fines and being barred from entering the kingdom for a period of time depending on how long the over stay is.   

Not going into the debate is this wright or wrong way to stay here. All are over 50 years of age and are aware of the consequence if caught. Pay yer money take a chance.   

If one is in a financial position to show 800000b ( single person) and can leave it untouched for a year in a fixed income account it will earn  intrest. Example......bank of bangkok pay 1.5% per anum before tax. So 800000 x 1.5% = 12000b...........then minus the 15% tax you have to pay . You will be  10200b better off.  Also have peace of mind you are squeaky clean in your dealings with officialdom.  

Rgds soidog

 

     

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8 hours ago, soidog said:

If one is in a financial position to show 800000b ( single person) and can leave it untouched for a year in a fixed income account it will earn  intrest. 

I'm pretty sure that I have read that that is not acceptable to Immigration: it has to be money available to access.

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800k only has to be in the account for 3 months prior to the extension of stay application.

But, yes, this is going to cause all sorts of issues for a lot of people. Some embassies are already doing this I understand, maybe the US will capitulate too?

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I believe many British farang have retired in Thailand for weather and living costs. They would carry a miserable life back home and needing government support, whilst  conducting adecent life in los.

their presence ignites some cash flow into the Thai economy to the benefit of the local economy, they might not overspend but they spend without needing or getting any social service from Thailand.

does the government now expects richer farang only retires in LOS?

thailand is not Portugal, Florida or Costa Rica.

PS Thai should also not underestimate the location factor. Quite many expatriates on (euopean level) low pension (but more than decent for an old Thai man) moved to cheaper areas to make the best out of their income. So they feed in cash in an area poor of economic factors.

Edited by Scottiem1954

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