From 1 January 2019, the British Embassy Bangkok will no longer be providing British Nationals with letters confirming their income.
This letter has previously served as a supporting document for obtaining a Thai retirement or marriage visa.
British Nationals should now demonstrate that they have an amount of at least 800,000 Baht 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 Baht transferred into an
account in Thailand for a retirement visa. The same applies to marriage visa albeit with lower requirements of 400,000 Baht lump sum, or a monthly income of 40,000 Baht.
Although this is an announcement from the British Embassy, it seems that other countries are likely to follow suit.
It has been pointed out that although the British Embassy states that income or capital requirements for visa extensions can demonstrated by Thai bank statements showing the required monies, Thai Immigration has never so far agreed to this
method. In fact as it stands at the moment, a letter from the embassy is just about the only proof of finance that Thai Immigration will accept.
Presumably it is not just about the money, Thai Immigration would like to know a little more about where it comes from, so as to avoid simple workarounds such as getting a loan.
But of course with the complexity of people's financial arrangements around the world, then Thai Immigration may realise that neither they, nor embassies can adequately verify people's finances. So how will this end up.
Update: #MeToo: US Embassy also ends income verification support
27th October 2018.
The US Embassy has just written to US citizen's resident in Thailand to announce an end to its support for income verification required for people staying in Thailand using the minimum income qualification for annual visa extensions. The embassy
U.S. Mission in Thailand to Cease Providing Income Affidavit
October 26, 2018
As of January 1, 2019, the U.S. Embassy in Bangkok and the U.S. Consulate General in Chiang Mai will cease to provide the income affidavit for the purpose of applying for Thai retirement and family visas and will not notarize previous versions
of the income affidavit. The Royal Thai Government requires actual verification of income to certify visa applicants meet financial requirements for long-stay visas. The U.S. government cannot provide this verification and will no longer issue
There's still no indication that Thai Immigration will accept evidence of income without being underpinned by an Embassy letter.
Update: #MeToo: Australian Embassy also ends income verification support
2nd November 2018.
The Australian Embassy has now joined the UK and US embassies, it announced that from the 7th January 2019 it will no longer witness Statutory Declarations for proof on income for Thai Visa extensions.