Husband & wife retirees - husband's pension sufficient?

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MajorBloodnok
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Husband & wife retirees - husband's pension sufficient?

Post by MajorBloodnok »

Hello,

my wife and I plan to retire in Thailand.

I have learnt from posts that one's wife can "ride piggyback" as a "dependent".

If my pension meets the requirements of a regular monthly or yearly income,

does this mean that we do not need to deposit additional 800.000 Baht to cover my wife?

Thanks for your advice!

Kind regards,

Major Bloodnok
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Re: Husband & wife retirees - husband's pension sufficient?

Post by lomuamart »

That's correct. If you meet the financial requirements (minimum average 65K a month overseas income, or 800K in a Thai bank account, - must have been in the account and not dropped below that figure for 2 months before first application and 3 months for subsequent ones), or a combination of the two as long as the total is over 800K a year, then your wife can get annual extensions based on your's.
You'll have to prove that you're married (marriage certificate) and she'll need a Non Imm O visa to make the extension.
NB: despite the savings in a Thai bank account only having to be there for 2 months before first application, I'd err on the side of caution and make sure they're there for 3 months.
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MajorBloodnok
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Re: Husband & wife retirees - husband's pension sufficient?

Post by MajorBloodnok »

lomuamart,

thanks for your info!

Have a nice weekend!

Kind regards,

Major Bloodnok
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Re: Husband & wife retirees - husband's pension sufficient?

Post by Spitfire »

Good signature quote MBN, reminds me of a Ronald Reagan quote, which was something close to this, "We must all pay the price of freedom, but don't worry, the Marines will pay most of your share."

:cheers:

Edit - Sorry, way off topic. :oops:
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MajorBloodnok
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Re: Husband & wife retirees - husband's pension sufficient?

Post by MajorBloodnok »

lomuamart wrote:That's correct. If you meet the financial requirements (minimum average 65K a month overseas income, or 800K in a Thai bank account, - must have been in the account and not dropped below that figure for 2 months before first application and 3 months for subsequent ones), or a combination of the two as long as the total is over 800K a year, then your wife can get annual extensions based on your's.
You'll have to prove that you're married (marriage certificate) and she'll need a Non Imm O visa to make the extension.
NB: despite the savings in a Thai bank account only having to be there for 2 months before first application, I'd err on the side of caution and make sure they're there for 3 months.
Dear "Lomuamart",

again thanks for the info.
I have done some research myself.
The Siam-Legal website points oput this option is only feasible if your spouse/wife is younger than 50.
As we shall both be "old-age" pensioners with non-immigrant retiree visas it won't be applicable for us.

Kind regards,

"Major Bloodnok"
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Re: Husband & wife retirees - husband's pension sufficient?

Post by MajorBloodnok »

Spitfire wrote:Good signature quote MBN, reminds me of a Ronald Reagan quote, which was something close to this, "We must all pay the price of freedom, but don't worry, the Marines will pay most of your share."

:cheers:

Edit - Sorry, way off topic. :oops:
Dear "Spitfire",

thanks for your appreciation.
That Reagan quote isn't too bad either. In the same vein anyway. :cheers:
I believe I first read it on some IDF forum. Instantly appealed to me.
Have a nice weekend (aren't they all nice in Hua Hin?lol).
MBN
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Re: Husband & wife retirees - husband's pension sufficient?

Post by lomuamart »

I would suggest that the Siam Legal information is wrong.
As long as you can prove that the two of you are married, age dosn't come into it as long as the applicant is over 50.
EDIT: a few years ago, Imm wanted both partners to show the funds - regardless of age. There was a "rebellion" and Imm actually backed down on that one.
Call the legal firm and ask whether their information is correct and up-to date.
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Re: Husband & wife retirees - husband's pension sufficient?

Post by terry+carmen »

I agree with lomuamart Siam legal information is wrong. My wife and I both have non-immigrant retirement visas and are over 50, even though my wife hates to admin it, we qualify because my income exceeds 65k a month and my wife piggybacks as a dependent.

Been here over 3 years and have renewed our visas twice already, last renewal 2 months ago with no problems whatsoever. Good luck with your move!
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Re: Husband & wife retirees - husband's pension sufficient?

Post by Super Joe »

Hi MajorBN,

This link to an old thread from Lomu has an English translation of the current visa regulations, and the required criteria: http://www.huahinafterdark.com/res/1208-english.pdf

As it's a translation of immigration's own regs, I think it's as precise as you're likely to find and shows the guys are right about the legal company's website being hopelessly out of date.

In the attached link you're application is item 2.22, and your good lady's is 2.20.

SJ
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Re: Husband & wife retirees - husband's pension sufficient?

Post by Nereus »

There has been recent discussion about Lawyers and their fees on another thread. After reading some of the blatantly incorrect information given on the mentioned Website, it just goes to further prove that you "get what you pay for".
Some of it may be lost in the translation, some of it out of date, but mostly just an indication of the level of expertise of this Company.

Here is an example:
"We are a couple over 55 years old who are planning to stay in Thailand on a Thai Retirement Visa. Would that mean we need to present a total of THB 1.6 million a year?"

"That is correct. Both of you have to present a bank account of THB 800,000 each. But for couples where one is below 50, what you can do is file for a retirement visa for the one who is above 50, and then file for a dependent visa for the one who is below 50. This way, you only need to present THB 800,000 in a Thai bank account."

They also have a section of their Website written in the German Language, so it is also possible that the translation of that is wrong. However, they keep referring to a "retirement visa" and to "renew your visa" both statements being completely wrong and misleading.
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