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BANGKOK 15 November 2018 22:41

stephenterry

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About stephenterry

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  1. stephenterry

    UK pensions

    Yes. I had it confirmed by the UK pensions office that if I retired to the Philippines, my pension would be unfrozen. Presumably, you would have to maintain an address there, and there could be other requirements to satisfy the Pensions office that I didn't pursue at the time (early 2018).
  2. https://www.msn.com/en-gb/money/personalfinance/meet-the-93-year-old-pensions-activist/ar-BBP8EBP?li=AAnZ9Ug
  3. Latest from British consulate Bangkok - regarding TI latest rules. Further to your enquire. There are two options to apply for a retirement visa; 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 Monies can be verified by the Thai banks with which the account is held. According to Thai Immigration’s website and the “Order of the Immigration Bureau No. 327/2557, Criteria and Conditions for Consideration of an Alien’s Application for a Temporary Stay in the Kingdom of Thailand”, applicants must have evidence of an income of at least 65,000 THB per month or the applicant must have funds deposited in a bank in Thailand of no less than 800,000 THB for the past three months. Further information: www.immigration.go.th/content/service_22
  4. The key word is 'verify', and it is possible that interpretation (by both TI and BE) of that word is unclear owing to translation differences. I am positive BE could have worded the letter differently that would satisfy TI if they were willing to do so. I understand that a recent FCO audit recommended that the Income letter should be discontinued (possibly as a cost savings exercise), and BE used the above excuse to justify it to the Brit populace living here. IMO, TI would accept anything official issued by the BE so that they would not be held responsible for any subsequent activity. The BE, for example, could notarize the letter by stating that the financial information submitted by Mr(s) X is as follows, and meets BE disclosure requirements (which is why we have to complete their form). And as the TI officer merely sees the letter and calculates the conversion rate into Thai baht indicates that a similar wording (to my suggestion) would suffice.
  5. This is my FCO letter. Feel free to copy it according to your situation. I understand this was introduced following a FCO audit recommendation, revealed by a BE officer recently. Should this be the case, I would add my disappointment to probably many others who find themselves unsupported by the UK government in this matter. To meet Thai immigration financial requirements, it is necessary to have 800k baht seasoned for 3 months in a Thai bank deposit account or verification of a monthly income equating to 65k baht, provided by an income letter from the British Embassy (in my case). I am one xx year-old citizen who does not possess 800k in a Thai bank account, but I do meet the income financial requirements by forwarding my annual UK tax return (containing my pension amounts) completed by my accountancy firm, to the BE. Thai immigation accept this letter - and in my ten years experience all they do is to convert my pension amount from £ into Thai baht on the day of processing. i realise austerity and cost-cutting is today's UK politics for overseas consulates, however the consequences of this audit recommendation taken on board by the BE in Bangkok will adversely affect the lives of many retirees in Thailand who are in a similar situation as I am, and have families to support. I ask you to reconsider reintroducing this facility - if need be, by increasing the price of the letter to cover the additional consular costs. I am sure the ingenuity of the English language (as used in the PM's proposed Brexit deal) could produce a (disclaimer?) letter to satisfy both the UK and Thai immigration. Yours sincerely,
  6. If you're a Brit you get a letter, no later than 12th December submission, from the BE that is valid for 6 months by IM rules. After that we will have to wait and see whether TI would offer a new income option as evidence of financial requirements being met. In my case, I've written a letter to the FCO detailing my situation and stating my disappointment in the UK government for not supporting their citizens in Thailand. if every affected Brit did that (i.e relying on income owing to lack of a 800k bank deposit), it could provoke an enquiry into why the income letter withdrawal was authorised. Or ships could fly...
  7. Now, now, children. The news about Oz is indeed pertinent to Brits as it could be an escape route if the UK Gov and BE are pushed enough to mimic the process or find alternatives. Maybe pie in the sky, hope, but an avenue to be explored by the petition managers - their signature list is on this thread somewhere.
  8. Well spotted. Your updated post of today relating to Oz overrides my understanding as relayed by a visa agent, yesterday. There seems to be a lot of uncertainty as at now.
  9. Three very close friends could meet the seasoning period, if they each contribute c.270k each and swop the bank accounts - providing of course that each person is at least 3 months apart for their renewal date. Perhaps 2 people each contributing 400k would be simpler.
  10. just heard from Chiang Mai visa agent that when she asked an IMM officer who was processing retirement extensions that the BE and probably the US and Oz embassies were to discontinue the Income letters, and what would TI do, it came as a surprise, because the officer hadn't heard. So that's another example of the BE failing to coordinate with Thai authorities, or if they did, then it hasn't filtered down the line. There's going to be a lot of peed-off 50+ old people who haven't got 800k in a bank account, but are supporting their Thai families...
  11. stephenterry

    Retirement visa and being rich

    Okay, I'm a Brit living in Chiang Mai who will be adversely affected by the BE not providing an income letter, as I do not have more than 300,000 baht in a bank and broker account. I provide my annual tax return to the BE which gives a breakdown of my pension income, which meets the 65k requirement. However, owing to necessary expenditure in the UK, including tax, I don't transfer that amount into my Thai bank account. Can anyone tell me whether TI would accept any other alternative to the BE income letter? Or would they withdraw that option for all British over 50 retirees?
  12. Don't forget those decent blokes (and women) who are in their 70-90's whose pension gets eroded each year, and whose savings have been swallowed up by necessary medical treatment - and are not in a financial or relationship position to return to their home country, owing to family support here. To send those back would be inhumane, IMO.
  13. i agree. However, with only one qualified officer processing the retirement extension of stay it can become a tedious wait, particularily if there are applicants that don't have the necessary docs or info. This desk should have at least one more officer, or follow the morning system used in Jomtien where you call back in the afternoon to pick up yor passport.
  14. Just copy Jomtien and/or Hua Hin procedures, and the queues will drop away -but first get rid of the few possibly making money from (possibly) a corrupt service. Just for the record, I don't include the lady 90 day officer who provides excellent service once you reach her.
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