retirement visa extension based on 800.000 in bank

[minimiglia]

a good friend of mine just renewed his extension in BK with an agent cost 14000 with a single re entry permit, absolute bargain

[Drunk Monkey]

a good friend of mine just renewed his extension in BK with an agent cost 14000 with a single re entry permit, absolute bargain

Similar in Pattaya mate just did his via agent 15k ... cant comment on the process but he said done in one day very easy.

There are a lot of 14/15k s in 800k.

DM

[Doodoo]

Tell him next time I do mine for Zero Baht
My cost is for fuel to the Immigration Office

[Drunk Monkey]

Tell him next time I do mine for Zero Baht
My cost is for fuel to the Immigration Office

im guessing most that use the agent route do so to avoid the 800k in the bank criteria .. whether they have a spare 800k or not maybe some would rather use an agent regardless just not to have to tie up such a large amount of capital in a Thai bank for so long.

I do know a couple of guys who have plenty of money but use an agent .. for the above reason ..

53 years worth of 15ks in 800k

DM

[Doodoo]

and I am not guessing
People want to cheat the system then so be it but If it is the 800k then what does he do upon renewal and have to show he didnt or only partially touched the account, BUSTED

[minimiglia]

No they do not ask when on O visa only OA, I have never been asked to show after renewal

[Drunk Monkey]

and I am not guessing
People want to cheat the system then so be it but If it is the 800k then what does he do upon renewal and have to show he didnt or only partially touched the account, BUSTED

Use the agent again ..

Its my take (might be wrong) these agents put the money in the applicants bank account get a supporting letter from the bank and photocopy of the bank book then withdraw it the same time ..so the money ids only in the account a few minutes , docs submitted to the Immo office and visa granted .. obviously a % of the agents fee going to the processing office tea caddy.

I dont know of anyone that has been pulled in and asked to show the money still in the bank even when reporting at the 90 day time which would be the obvious time immo could check .. TIT

Must be quite a lot of expats on the agent route for what ever reason .. could hazard a guess has to how many but gotta be enough to make the coffers swell ..agent and immo office.

DM

[jackspratt]

It will be interesting to see how the "3 month after" rule is handled come next Monday.

As the dodgy, agent-secured extensions seem to be done out of Jomtien/Chonburi Immo, it will be they who theoretically should be checking bank statements for the new extensions. Udon can therefore show "clean hands", as it is not their responsibility. No doubt the tea money will need to keep flowing between the relevant immo offices to keep the wheels of commerce greased.

[sometimewoodworker]

No they do not ask when on O visa only OA, I have never been asked to show after renewal

The new rules of money in the bank apply to both renewals from O and OA, the rules are new so what happened in the past doesn’t tell you what will happen in the future, also it’s not clear when/if Udon will start enforcing them, but it’s reasonably clear that when they do start the check will happen when you apply for your extension.

[sometimewoodworker]

It will be interesting to see how the "3 month after" rule is handled come next Monday.

As the dodgy, agent-secured extensions seem to be done out of Jomtien/Chonburi Immo, it will be they who theoretically should be checking bank statements for the new extensions. Udon can therefore show "clean hands", as it is not their responsibility. No doubt the tea money will need to keep flowing between the relevant immo offices to keep the wheels of commerce greased.

Agreed, though I have heard of an agent traveling to, and being seen in, Udon immigration. They may be based in a different region.

[747man]

It will be interesting to see how the "3 month after" rule is handled come next Monday.

As the dodgy, agent-secured extensions seem to be done out of Jomtien/Chonburi Immo, it will be they who theoretically should be checking bank statements for the new extensions. Udon can therefore show "clean hands", as it is not their responsibility. No doubt the tea money will need to keep flowing between the relevant immo offices to keep the wheels of commerce greased.

Agreed, though I have heard of an agent traveling to, and being seen in, Udon immigration. They may be based in a different region.

Could it possibly be the SAME Agent that I've seen in Nong-Khai ( A Female ?? )

[marcsarge]

Just wondering because I have no problem with covering the monthly but I thought that the 800K had to be transferred from oversea to show international transfer just like the monthly and if that is right how do the Agents deposit at bank, get letter from bank, take money back and go to IO same day?

[jackspratt]

I am not aware of any requirement that the origins of the 800k must be demonstrated - certainly wasn't in my case.

As for how the agents operate - that is a mystery for many, and a rock that the interested parties do not want lifted.

[marcsarge]

Thanks Jack

[AlexO]

Just wondering because I have no problem with covering the monthly but I thought that the 800K had to be transferred from oversea to show international transfer just like the monthly and if that is right how do the Agents deposit at bank, get letter from bank, take money back and go to IO same day?

Why do you think that the rising star Big Joke was suddenly binned? Too many interested parties losing income. But seriously this is not a subject for discussion on an open forum.

[sometimewoodworker]

I am not aware of any requirement that the origins of the 800k must be demonstrated - certainly wasn't in my case.

As for how the agents operate - that is a mystery for many, and a rock that the interested parties do not want lifted.

The requirement to show that the 800k is proven to come from overseas is to get a Non-O visa issued by Thai immigration as a transition from a visa exempt entry, Transit or tourist visa entry, condition 5.3. After that there is no requirement to show where it comes/came from.

Some offices may not enforce this requirement in some cases, there was a probable offer of this Visa from Udon that did not mention the overseas transfer requirement and had at least one other difference.

If that rock were to be disturbed it would make for “interesting times” as the ancient Chinese curse goes. though the general principles of the operation are easy to understand, probably involving some tea for BIB/GIB officials, bank staff, and agents

[Domat]

I renewed my 1 year on febr 20. the officer wend true all pages of my bank book. I did not ask why. But i was never below 800`000 for 1 year

[skinner]

Just wondering because I have no problem with covering the monthly but I thought that the 800K had to be transferred from oversea to show international transfer just like the monthly and if that is right how do the Agents deposit at bank, get letter from bank, take money back and go to IO same day?

Agents dont put any money in any bank, they just pay the bribe to the corrupt officers.
Nothing complicated about it, pay the bribe , get the extension. Its been going on for years, and that will likely never change.

[FrazeeDK]

of course, if there were to be an aggressive crackdown on the apparent "brokered" fraud people could find themselves deported or.. sitting in detention for a few months until they get the money to pay the fine for visa fraud and buy their return ticket to their home country...

[skinner]

of course, if there were to be an aggressive crackdown on the apparent "brokered" fraud people could find themselves deported or.. sitting in detention for a few months until they get the money to pay the fine for visa fraud and buy their return ticket to their home country...

Thats possible i suppose , but its been going on so long and so many people are involved i think it more likely the rules would be fully enforced as extensions come due, rather than an aggresive crackdown.
It wont affect me , but i know many old guys who it would. The exodus to other countries would continue.
I know more guys dodging the requirements than complying !!