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Flashermac

UK Embassy to stop certifying income of retirees and married folks

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I've heard tales of Immigration not accepting certification letters from the US embassy too. I could understand that, since the US embassy had been taking your word for it. But I don't know how else people using the monthly income option are supposed to prove it now. Maybe everyone is going to be forced to keep the 400,000 or 800,000 in a Thai bank account.

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On second thought, perhaps this only applies to people who are not already on a marriage or retirement visa. Still, who knows. It's a matter of wait and see.

 

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12 hours ago, Flashermac said:

On second thought, perhaps this only applies to people who are not already on a marriage or retirement visa. Still, who knows. It's a matter of wait and see.

 

Mine is up in mid November so we will see!

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15 hours ago, Flashermac said:

On second thought, perhaps this only applies to people who are not already on a marriage or retirement visa.

It'll affect those already on extensions as they need finance proof every extension.

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I use the money in the bank option. Now I'm glad that I do. There's no change in that. I expect this will cover all embassies, not just the UK. If they won't except the letter from one, they won't from any.  Basically, Immigration is ordering you to put money in a Thai bank and stop living off your foreign bank account's ATM card.

 

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In the USA, CD rates can be had at slightly above 3%, where in Thailand the rates are approx. 1.5%.

I am waiting for the Baht to further strengthen and then transfer back to a CD in the USA and get the higher rate.

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I don't trust the baht at this time.  Sure the loss on the money in the bank may not be huge, but I hate to lose anything.

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