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Author Topic: New Immigration requirement.  (Read 15701 times)

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Offline SOM LUCK

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Re: New Immigration requirement.
« Reply #30 on: February 05, 2019, 06:10:26 AM »
I suggest that anyone who is using the  combination method and whose embassy is no longer providing and income verification statement should renew before the 1st of March.  They will then have a yea runder the old laws and by then the Thai Government hopefully will make appropriate changes.

Offline Starman

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Re: New Immigration requirement.
« Reply #31 on: February 05, 2019, 06:56:51 AM »
Have never used an Agent. Always had the 800k Bht +++ cooking in the bank 3 months prior to extension application... Now I'm thinking maybe time to check out the Agents for a price and invest "800K bht" my way instead of it sitting in an interest only bearing account for 5 months....and doing the same with the other 400K bht for the rest of the other 7 months. Maybe now it's time  to consider an Agent for the best Price to get an Extension with all this crap going on.  4% x 800,000bht 5 months =13,333 bht, 4% x 400,000Bht 7 months(5+7=1year) = 9,333bht. I used 4% as an example of funds tied up. I'm sure you millionaires can do better than that! A total of 13,333 + 9,333 @ 4% = 22,666Bht per/year...? Is that somewhere in the ball park for an agent to provide an extension if/an when this stuff comes into effect? I reckon I can do better than 4%..
I'm still trying to understand how the 800K Bht + 400K Bht being locked away in a bank account is going to help the Thai economy. I'm on the back foot buying that new bike I was dreaming of already. TiT !!!! letitallout

The new agent fees, if they can circumnavigate the stricter rules, are likely to be a lot more than 22,666. I have heard 70,000 being mentioned.

Why not transfer 65k into a Thai account every month?
« Last Edit: February 05, 2019, 07:10:31 AM by Starman »

Offline iammike

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Re: New Immigration requirement.
« Reply #32 on: February 05, 2019, 08:00:48 AM »
I wonder what happens when you drop below the 400k required just for a little while.

I have seen (on forums that is) that extension wasn't granted because the amount dropped below the 800k required and in some cases it was only 50 THB below the 800k required. IMHO that is HARSH !!
« Last Edit: February 05, 2019, 08:02:59 AM by iammike »

Offline Starman

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Re: New Immigration requirement.
« Reply #33 on: February 05, 2019, 08:28:12 AM »
I wonder what happens when you drop below the 400k required just for a little while.

I have seen (on forums that is) that extension wasn't granted because the amount dropped below the 800k required and in some cases it was only 50 THB below the 800k required. IMHO that is HARSH !!

If you dip below 400k then your next extension won't be granted.

You say that 50 baht under is harsh. Where do you think the flexibility should stop? You give grace for 50 baht and then someone asks for grace for 100 baht. Then the next is 200, 400, 800, 1600.............. You have to have a limit somewhere. Zero seems to be the best mark. At least everyone knows where they stand.

Offline Bobbi

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Re: New Immigration requirement.
« Reply #34 on: March 01, 2019, 06:25:26 PM »
As my renewal will be in June (3 months from now), I'm looking at what fits me best...
I see a lot of discussion about the 800k, but nothing about the monthly income.

I'm not sure I got the 65k per month right...
Is it a total of 780k within the last year (12x65)?
   Thats what I understand, and it is what I have... sometimes more, sometimes less, but in total easy over 800k.
Or do I have to receive 65k or more absolutely every month?
  That would mean I have to send 800k, and get a tiny interest compared to what I have invested now.

Does anyone have proven information about this?

-- Bob

Offline Starman

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Re: New Immigration requirement.
« Reply #35 on: March 01, 2019, 06:28:35 PM »
As my renewal will be in June (3 months from now), I'm looking at what fits me best...
I see a lot of discussion about the 800k, but nothing about the monthly income.

I'm not sure I got the 65k per month right...
Is it a total of 780k within the last year (12x65)?
   Thats what I understand, and it is what I have... sometimes more, sometimes less, but in total easy over 800k.
Or do I have to receive 65k or more absolutely every month?
  That would mean I have to send 800k, and get a tiny interest compared to what I have invested now.

Does anyone have proven information about this?

-- Bob

65k or more per month.

You can bring 800k over and put it in a fixed deposit account with better interest. The only requirement is that it must be an account where you have instant access to the money.

Offline Jon Martin

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Re: 90 day reporting with Multi Entry Visa
« Reply #36 on: March 02, 2019, 01:37:27 PM »
Hi, Can anybody confirm if this is still the case>
My 90 day Report was due next week. However I recently left the country on my Multi Entry Visa
Am I right in thinking that my 90 day is now extended to 90 days from my date of re-entering Thailand ?

Offline Starman

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Re: New Immigration requirement.
« Reply #37 on: March 02, 2019, 01:41:01 PM »
Hi, Can anybody confirm if this is still the case>
My 90 day Report was due next week. However I recently left the country on my Multi Entry Visa
Am I right in thinking that my 90 day is now extended to 90 days from my date of re-entering Thailand ?

That is correct.

What kind of visa do you have? Multi Non O or Multi Non OA?

Offline Prakhonchai Nick

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Re: New Immigration requirement.
« Reply #38 on: March 02, 2019, 01:45:36 PM »
Beware if you have exactly 400K or 800K in an ordinary account, then get debited 2/300baht for the annual ATM card fee. Balance drops below the minimum level!

Offline CO-CO

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Re: New Immigration requirement.
« Reply #39 on: March 02, 2019, 01:57:33 PM »


Hi, Can anybody confirm if this is still the case>
My 90 day Report was due next week. However I recently left the country on my Multi Entry Visa
Am I right in thinking that my 90 day is now extended to 90 days from my date of re-entering Thailand ?

That is correct.

What kind of visa do you have? Multi Non O or Multi Non OA?


Steve. If he was doing 90 day reports it would have to be O-A.....   chai mai?

Offline Starman

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Re: New Immigration requirement.
« Reply #40 on: March 02, 2019, 02:29:32 PM »


Hi, Can anybody confirm if this is still the case>
My 90 day Report was due next week. However I recently left the country on my Multi Entry Visa
Am I right in thinking that my 90 day is now extended to 90 days from my date of re-entering Thailand ?

That is correct.

What kind of visa do you have? Multi Non O or Multi Non OA?


Steve. If he was doing 90 day reports it would have to be O-A.....   chai mai?

Agreed, Co-Co. I was just checking to see if he understood the visa and 90 day situation. Being his first post on here maybe Jon is new to Thailand and the visa situation too.
« Last Edit: March 02, 2019, 02:31:30 PM by Starman »

Offline Jon Martin

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Re: New Immigration requirement.
« Reply #41 on: March 04, 2019, 10:21:27 AM »


Hi, Can anybody confirm if this is still the case>
My 90 day Report was due next week. However I recently left the country on my Multi Entry Visa
Am I right in thinking that my 90 day is now extended to 90 days from my date of re-entering Thailand ?

That is correct.

What kind of visa do you have? Multi Non O or Multi Non OA?


Steve. If he was doing 90 day reports it would have to be O-A.....   chai mai?

Agreed, Co-Co. I was just checking to see if he understood the visa and 90 day situation. Being his first post on here maybe Jon is new to Thailand and the visa situation too.


Hi, Can anybody confirm if this is still the case>
My 90 day Report was due next week. However I recently left the country on my Multi Entry Visa
Am I right in thinking that my 90 day is now extended to 90 days from my date of re-entering Thailand ?

That is correct.

What kind of visa do you have? Multi Non O or Multi Non OA?


Steve. If he was doing 90 day reports it would have to be O-A.....   chai mai?

Agreed, Co-Co. I was just checking to see if he understood the visa and 90 day situation. Being his first post on here maybe Jon is new to Thailand and the visa situation too.

Thanks Guys. I Did my first annual O-A renewal in Dec and also got a Multi-Entry. The date for my 90 day was 6th March, however I returned from a trip to Burma on 12th Feb, so wanted confirmation that my 90 day date would now be in May

Offline Starman

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Re: New Immigration requirement.
« Reply #42 on: March 04, 2019, 03:38:01 PM »
That is correct Jon. Your next 90 day report will be in May, 90 days since your last entry.

Offline Jon Martin

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Re: New Immigration requirement.
« Reply #43 on: March 05, 2019, 03:02:38 PM »
Many thanks, Jon.

Offline Bobbi

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Re: New Immigration requirement.
« Reply #44 on: March 06, 2019, 11:49:33 AM »
65k or more per month.

My understanding based on the possibility of mixing monthly income with money in bank was that:
I can have 400k in bank and receive another 400k over 12 months be it in 2 months or 12 doesnt matter.
So, if I receive 130k in one month and 0 the next month ss as good as receiving 65k in 2 months.

But what you say sounds like "must have 65k or more EVERY month" and not the sum over the year is important.

Did I get you right?

 

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