Transcript of the above video:

As the title of this video suggests, we are discussing pension sources and we are discussing it in the context of the Thai Retirement Visa. 

A recent comment on our channel I thought was worth noting in this video, quoting directly: "Some Immigration Officers look at the rules differently. The rules say 'have an income of not less than 65,000 Baht per month', my Immigration Officer wants to see that the money deposited into my account was from a pension source. Asked her the reason for this, she replied a pension source," I thought this was interesting, some of these little insights can be interesting", "she replied a pension source is thought to be never ending but income from investment/house rentals could stop at any time."  Interesting, that is a really interesting insight that; well a pension is "never ending". Well there have been pensions that have ended, let's be clear on that. Leaving that aside that is the policy reason behind this. Quoting further: "That was a reasoning for asking for proof of source. I am on a Marriage Visa now so only need to show 40,000 Baht per month but she still wants to see it is from a pension source." So I thought that was really quite insightful.

We don't actually deal here in the office with a great number of Retirement Visas where an applicant is using a pension. I don't know why. For the most part we mostly deal with retirees that are dealing with stuff in a lump sum manner. I don't know why. It might be pensioners opt to do it on their own; maybe they have some more time on their hands, I don't know. We do them and we do them from time to time but it does seem like the vast majority of cases we deal with are folks that are dealing with the lump sum option or we are dealing with O-As from abroad and people who just like going back and forth although here recently that has been less and less common. 

Long story short, I thought it was rather insightful that that is the thinking behind wanting to see the source of the pension funds because the thinking is well a pension is just going to keep going whereas income off of an investment that might dry up. I guess the thinking is the lump sum, that will take care of major emergencies, whereas a pension as long as it keeps coming in, folks here can handle whatever comes up. I guess that is the thinking. I thought it was interesting. We thank the person who made this comment. That was very insightful.