Transcript of the above video:

As the title of this video suggests, we are discussing monthly pension and Retirement Visa here in Thailand. What are we talking about? Well for those who are unaware, there are two methodologies of maintaining Retirement Visa status in an ongoing basis. One is a bank balance of 800,000 Baht in a Thai Bank Account, the other is 65,000 Baht per month in pension coming into a Thai Bank Account. 

This pension issue it leads to kind of a catch-22 with respect to the Thai Retirement Visa. As we have discussed with respect to bank balance catch-22s, where you are maintaining just an ongoing bank balance, some people get into an issue where they get into a feedback loop where they say, "I don't know if I want to use a pension because I have to season the account" and by season it is like "well, I need to show a year for example, or three months, whatever before I can apply for the Retirement Visa in order to use a pension" so show 3 months going back or a year going back. Some Immigration Offices are easier to deal with than others. I have seen a number of Immigration Offices though that do want to see one year of pension before they will only utilize pension as evidence of financial ability. So the thing to take away from this video is, yes you can get caught in kind of a feedback loop but if you come into Thailand on a Retirement Visa, then you can use the initial one year period, which by the way when they adjudicate your O-A Retirement Visa from abroad at a Thai Embassy or Consulate, you can use documentation from either your host country or your home country or your country of origin, wherever you are coming from, to prove up financial elements in order to meet the requirements. Then you get here and you have a year. You are essentially stamped in for a year, maybe a little less than a year depending on your insurance coverage, but you have that time period in order to get a bank account set up and then go ahead and get retirement pension, pension plan, funds coming into that account so that you can use that as evidence when you deal with a renewal a year down the line to continue maintaining your retirement status. 

There are a number of options. There is sometimes more than one way to skin a cat when it comes to retiree status. That's why if you are feeling overwhelmed by this or you think you may not meet the requirements, it is probably a good idea to contact a legal professional, gain some insight and guidance into how best to proceed.