'How To' - Requirements for visa extensions etc

[alanr]

But money have too be in account 4 months before application, this come from bank manager.

Like other op mentioned. You get 15 % tax on interest

[buksida]

If you factor in inflation and constant price hikes here, that 800K devalues every year by more than the paltry interest you get. Its effectively dead money and a gift to the Thai govt (and banks who are profiting by lending it out) for letting you stay here since you cant use it. But that route does sound a lot easier than messing about every month with bank paperwork, transfers, and potential tax implications (providing you have $25,000 to throw away.)

[Hahuahin]

But money have too be in account 4 months before application, this come from bank manager.

Like other op mentioned. You get 15 % tax on interest

I have well come to accept that no matter how we twist and turn how one qualifies financially for an extension of a retirement visa, one loses something or the other as long as one cannot use income confirmation from one's respective embassy. Since I pay taxes here, do you know if the 15% you mention in tax on 800k something the bank takes care of automatically or does one have to add the 800k as assets when paying taxes to Rd?
Thanks again.
hahuahin

[alanr]

But money have too be in account 4 months before application, this come from bank manager.

Like other op mentioned. You get 15 % tax on interest

I have well come to accept that no matter how we twist and turn how one qualifies financially for an extension of a retirement visa, one loses something or the other as long as one cannot use income confirmation from one's respective embassy. Since I pay taxes here, do you know if the 15% you mention in tax on 800k something the bank takes care of automatically or does one have to add the 800k as assets when paying taxes to Rd?
Thanks again.
hahuahin

Not sure will ask next time I am in bank