I paid the ultimate penalty of trying to ‘belong’ in Thailand, because I was silly enough to take my cash out of the Kasikorn bank to buy a condo (mortgage free).
However, when my visa consultant contacted immigration to renew my retirement visa they informed her that whilst I held a B3 Million mortgage free condo, that was not enough proof of financial stability and that I also need have B800K cash in the bank !!
It is difficult not to just give up and pack up to eliminate the almost daily need to confront bonehead autocratic bureaucrats possessing zero common sense ….. or am I just not seeing the logic? Do I just sell my condo and go back to renting ??
Sell Condo to then put 800K into bank ?????
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You have an asset. You do not have money. Show income or money in bank. Pretty simple rules