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Thai Retirement Visas: Update on Mixing Bank Balance and Income

Transcript of the above video:

Kind of an update here. I have gotten a lot of inquiries, correspondence from folks who seem to still be under the misnomer, the incorrect assumption that you can mix the requirements associated with your finances for Retirement Visa status. 

What are we talking about here? Well folks will say well okay it is 800,000 Baht I need in the bank or 65,000 Baht a month in income, pension income, kind of is the presumption but in income in order to maintain my Retirement Visa status. What if I have 400,000 in the bank and 40,000 Baht a month in income, can I mix them? I actually was talking to somebody in person the other day who was under this assumption and it is incorrect and I was explaining it. Yeah, no it is one or the other. It is 800,000 Baht in an account maintaining a balance over a certain period of time generally speaking or 65,000 Baht a month in proven income and it is not possible to have half and then the other half. No you have got to have one or the other. 

So depending on your circumstances, I do know that this can be difficult for some folks, but I am making the video not so much to sort of rub it in folks' face but just so they are aware and they don't end up in an Immigration Office and they find themselves in a real pickle where they can't get their status renewed or they can't get their status extended because they don't meet either of those requirements.