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how much is a thai retirement visa

by Prof. Toni Barton Published 3 years ago Updated 2 years ago
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  • For a 1-Year Thai Retirement Visa (Single-Entry): 2,000 Thai Baht
  • For a 1-Year Thai Retirement Visa (Multiple-Entry): 5,000 Thai Baht
  • For a 5-Year Thai Retirement Visa: 10,000 Thai Baht

For a 1-Year Thai Retirement Visa (Single-Entry): 2,000 Thai Baht. For a 1-Year Thai Retirement Visa (Multiple-Entry): 5,000 Thai Baht. For a 5-Year Thai Retirement Visa: 10,000 Thai Baht.

Full Answer

How much does a Thai retirement visa cost?

  • For a 1-Year Thai Retirement Visa (Single-Entry): 2,000 Thai Baht
  • For a 1-Year Thai Retirement Visa (Multiple-Entry): 5,000 Thai Baht
  • For a 5-Year Thai Retirement Visa: 10,000 Thai Baht

How to obtain a retirement visa in Thailand?

How to Obtain a Retirement Visa in Thailand: STEP 1: OBTAIN A NON-IMMIGRANT VISA Requirements: Passport (at least one year remaining before expiration) You must be holding nationality or permanent residence of the country of application; Proof of Funds; STEP 2: OBTAIN A ONE-YEAR RETIREMENT VISA Requirements: Must be 50 years old and above

How long to obtain a Thai visa?

To obtain a QR entry code or Thailand Pass ID, travelers will have to:

  • Register at Thailand Pass web portal
  • Input personal details
  • Upload the required documents per their vaccination status
  • Receive a confirmation email after registration (within seconds after registration)
  • Wait for the Thailand Pass approval (normally within 1-3 days)

What are the requirements to retire in Thailand?

To successfully apply for a 1-year retirement visa, the Thai government requires you to:

  • Be 50 years old or older
  • Pass a criminal background check
  • Possess a valid passport that is good for a least 1 year
  • Place a security deposit of at least $24,500 in a Thai bank 2 months before applying or show a minimum monthly income or pension of $2,000

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What do I need to get a retirement visa in Thailand?

Retirement Visa Qualifications Applicant must be 50 years of age or over. Must meet any of the financial requirements: Security deposit of THB 800,000 in a Thai bank account for 2 months prior to the visa application. Monthly Income of 65,000 THB regularly deposited in a Thai bank account.

How long can you stay in Thailand with a retirement visa?

1 yearA Thai retirement visa will allow you to stay in Thailand for a period of 1 year (12 months), and it can be renewed annually. There are no limitations on the amount of times you can renew a Thai retirement visa as long as you continue to meet all the visa requirements.

How much does a Thai visa cost?

How Much Is the Thailand Tourist Visa Fee? The Thailand Visa fee changes depending on the country from which you are applying and the local currency. However, as an estimate, the Thai Tourist Visa cost ranges at about $30 to $50 for single-entry visas and about $150 – $250 for multiple-entry visas.

How much is a 5 year visa in Thailand?

The visa fee is 10,000 Baht (or local currency equivalent if applying outside Thailand). (b) Applicants must have money deposited in Thai bank located in Thailand with the amount of not less than 1.8 million Baht and have income with the amount of not less than 1.2 million Baht per year.

How much is a 1 year retirement visa in Thailand?

2,000 Thai BahtFor a 1-Year Thai Retirement Visa (Single-Entry): 2,000 Thai Baht. For a 1-Year Thai Retirement Visa (Multiple-Entry): 5,000 Thai Baht. For a 5-Year Thai Retirement Visa: 10,000 Thai Baht.

How much bank balance is required for Thailand visa?

It is also necessary to prove that you have funds of at least 10,000 THB per person and 20,000 THB per family for your stay in Thailand. A fee of 2,000 THB (INR 4,460) is payable upon entry and is subject to change without notice.

Is Thai elite visa worth it?

If you're able to afford 10,000 baht a month and live hassle-free with this visa, then it's totally worth it with all the conveniences you get. On the other hand, if you're eligible for other long-term visas and don't mind dealing with paperwork and the bureaucratic system, then the Elite Visa isn't for you.

How long does it take to get Thailand visa approved?

Some promise to have it processed within 2 working days, while others may take longer. However, you should expect to wait for about 5 -10 working days for your Thai visa to be processed, starting from the time that the embassy/consulate receives your complete application.

How do I pay for my Thailand Elite visa?

Approval and Payment of Membership Fee The membership fee ranges from 600,000 Thai baht to 2 million Thai baht depending on the membership package the applicant has applied for. The payment for the membership fee can be made through local or international bank transfer or online payment.

How can I live permanently in Thailand?

In order to be eligible to receive a Thailand Permanent Residence Permit, you must fulfill one of the following criteria:Employment: You have held a Thailand Work Visa and Work Permit for at least three years, and: ... Investment: You have invested at least 3 Million Baht in a limited or public company in Thailand.More items...

How can I stay in Thailand for 5 years?

5-Year Retirement VisaThailand 5-year retirement visa is the popular term for "Non-Immigrant O-X Long Stay Visa".The visa can be valid either for a single entry or multiple entries.This is a long term Thai visa that entitles the holder a stay of 5 years in Thailand.More items...

Can foreigners buy property in Thailand?

Answer: Under Thai law, foreigners cannot own land directly in their name. However, they can purchase condominiums outright (Freehold) or buy a landed property and lease the ground (usually for 30 years, with option to extend) on which the property sits.

Can I stay in Thailand for 12 months?

Travelers will be permitted to stay in Thailand for a period of not exceeding 12 months. On 22 November 2016, the Cabinet of Thailand approved new scheme which allows nationals from 14 countries to stay in Thailand for the maximum period of 10 years.

How do I extend my Thai retirement visa?

During this initial 90-day period, the applicant can apply for a Thai Retirement Visa renewal at their nearest Royal Thai Immigration Department, which for most people in Bangkok is at Chaeng Wattana. The Thai Immigration will then issue a Retirement Visa, granting an extension of stay for up to 12 months.

How can I live permanently in Thailand?

In order to be eligible to receive a Thailand Permanent Residence Permit, you must fulfill one of the following criteria:Employment: You have held a Thailand Work Visa and Work Permit for at least three years, and: ... Investment: You have invested at least 3 Million Baht in a limited or public company in Thailand.More items...

Can I work in Thailand on a retirement visa?

The retirement once approved allows you to stay in Thailand for one year. You are not allowed to have employment while on this type of visa. Also you must report to Immigration every 90 days to verify your current address.

Can I convert a 7 days extension to a Non Immigrant and retirement visa in Thailand?

For a retirement visa it is fairly common now for people to change from a 30 day visa on arrival to a Non Immigrant visa such as a retirement visa...

Saving for a retirement visa – what style of bank account should I use?

You should keep the funds for your long stay visa in a current Thai bank account, a Thai fixed deposit account or a foreign currency deposit account.

How early can I re-apply for my long stay retirement visa in Thailand?

It is common to reapply for your retirement visa in Thailand approximately 2-3 weeks before your visa is ready to expire.

How long does it take to get a retirement visa in Thailand?

We suggest you arrive on a TR tourist visa (60 days) or Visa Exemption stamp (30 days, extended to 45 days during COVID) and start the process within your first two weeks in Thailand.

Is Thailand a bureaucracy?

The Thai government is no less a bureaucracy than any other government, and you are also forced to do much of the process in a language you don't speak. Luckily, Thailand welcomes Westerners to retire in Thailand (compared to many Western countries, like the United States, that do not make the same options as available for foreign citizens wishing ...

Can I retire in Thailand?

Luckily, Thailand welcomes Westerners to retire in Thailand (compared to many Western countries, like the United States, that do not make the same options as available for foreign citizens wishing to move to the U.S.)

What is Thailand retirement visa?

Thailand retirement visa is the popular term for "Extension of Stay Based on Retirement”. It is an extension of a Non-Immigrant O Visa or Non-Immigrant OA Visa.

How long do you have to wait to retire in Thailand?

You will have to wait for 60 days to be in Thailand before you can file your retirement visa application at the immigration office or you must be on ...

How long is a Thai visa good for?

This is a long term Thai visa that entitles the holder a stay of uninterrupted 1 year period in Thailand.

Where do I get a COE in Thailand?

UPDATE: Due to COVID-19 pandemic, all foreigners entering Thailand are required to obtain a Certificate of Entry (COE) from the local Thai Embassy or Consulate in their current location prior to traveling to Thailand. The application for the COE requires Alternative Sate Quarantine Hotel (ASQ) reservation for the mandatory 14-day quarantine and COVID-19 Travel Insurance.

How long is a retirement visa valid?

The retirement visa is valid for a year and can be renewed by presenting the same requirements during the initial application. Please note that the required amount of funds in your bank account must be at least 3 months old before your can renew your visa. Importation of Household Effects.

Where do I send my documents to Thailand?

All necessary documents stated above must be submitted to the Thai embassy or consulate in your country.

Can a foreigner on a visa exemption stamp apply for a retirement visa?

The foreigner on a visa exemption stamp or a tourist visa can still apply for a retirement visa given that the foreigner has already met the requirements for the non-immigrant O visa and for the one year extension visa applications. This can be done at the immigration office in Thailand.

Where to keep money for Thai visa?

This is a fairly simple answer, you should keep the funds for your long stay visa in a Thai current bank account, a Thai fixed deposit account or a Foreign currency deposit account. Putting the money in a high interest bond account or similar will cause you problems when you come to apply for your visa.

How long is a retirement visa valid?

Your visa extension based on retirement is valid for one year, it’s important that coming up to that time of renewal, you start to make proper plans to renew it. Currently, you can apply to renew your visa 45 days before it expires. You should renew as early as possible and not leave it to the last minute.

What is the stamp on a passport for Thailand?

If you wish to leave Thailand to protect your visa you must get what is called a re-entry permit. Obtained from any Immigration office, this is a square stamp placed in your passport that protects your visa so that when you re-enter Thailand through the airport or a border your visa is protected.

How to complete retirement extension of stay form?

You need to fill in your personal details, information from your passport including when you arrived in Thailand and your address in Thailand. Some offices may ask you for proof of address. You can complete the form at the immigration office when you apply for your retirement extension ...

How long does it take to renew a retirement visa?

The ideal time to renew is 3 to 4 weeks before ...

What form is needed to apply for an extension of stay based on retirement?

The form needed to apply for or renew an extension of stay based on retirement is form TM7

What is key visa?

Key Visa offer a full and comprehensive retirement visa service as well as friendly advice on how to get through the procedure successfully.

How much THB do I need to retire in Thailand?

You will need to ensure you meet the financial requirements of obtaining a retirement visa, which are having 65,000 THB per month (1,800 Euro, 1,580 GBP, 2,079 USD) going into your Thai bank account, or an annual total of 800,000 THB ($25,800 USD).

Where to retire in Thailand?

Thailand is a great place to retire whether you are on a tight or large budget. Places such as Pattaya, Bangkok, Koh Samui, Phuket and Chiang Mai have massive foreign expat communities, so you will find friends in no time. Just remember, it’s all about your budget and the lifestyle you choose for retirement.

Why is Thailand a popular retirement destination?

Thailand is a popular retirement destination mainly due to the all-year-round hot climate, generally affordable living costs and access to major tourist destinations that have fantastic beaches, top-notch restaurants and cuisine options, and a perpetual holiday atmosphere.

What happens if you get sick in Thailand?

If you get sick in Thailand and are unconscious when found, you could wind up in an international hospital without realizing it, and if you don’t have medical coverage, you can end up with medical fees that will make your toes curl and could end up costing $10,000 or upwards. It happens on a regular basis.

Which country has the lowest living costs?

Although the currency exchange prices between Thailand and Western world nations have become closer in recent years, Thailand still has some of the lowest living costs in the world, and when you couple that together with the holiday style amenities, and it doesn’t get much better.

Is Thailand a good place to retire?

And the first answer would be that it depends on what kind of lifestyle you want to live. Retiring abroad in somewhere like Thailand is simply a pipe dream to some but is easily obtainable if you know the lay of the land and how much the general costs of retiring in the Kingdom or any other country. Thailand is a popular retirement destination ...

How old do you have to be to retire in Thailand?

To get a retirement visa in Thailand, you must be at least 50 years old, have no criminal record in your home country and in Thailand, and have no prohibitive diseases, which the Thai Embassy lists as Leprosy, Tuberculosis, drug addictions, Elephantiasis, and Syphilis in its third phase.

Where can I renew my Thai visa?

If you want to renew your visa outside of Thailand, you can re-apply at the nearest Thai Embassy.

What is the best thing about Thailand Elite?

The best thing about the Thailand Elite Visa is that it significantly decreases the time and headaches of dealing with paperwork and immigration officers, and it keeps you updated with the everchanging retirement visa requirements.

How long before Thai visa expires can I renew it?

The process is the same as when you first applied. But you should start your renewal process about 15 days before your visa expires. This will give you plenty of time for adjustments if Thai Immigration asks for more documents.

What to do if you don't have a Thai bank account?

If you don’t have a Thai bank account yet, it is possible to get a financial statement or a proof of income from your home country.

What is the difference between a non-immigrant visa and a re-entry permit?

The application process is the same as applying for a non-immigrant O visa. The only difference is that at the end of this process, you must get a re-entry permit.

What are the options for a non-immigrant visa?

You’ll have two options when getting your non-immigrant OA visa: single-entry or multiple-entry.

How do I get the Thai retirement visa?

Prior to applying for a retirement visa in Thailand, you must first obtain a 90-day initial non-immigrant visa from the Thai embassy or consulate in your home country. You must have been in Thailand for 60 days or be within the last 30 days of your existing stay permit to file your retirement visa application at the immigration office.

How long is a Thai retirement visa valid?

You can begin the Thai retirement visa application process from anywhere in the world. When you arrive in your home country, you will first obtain a Non-Immigrant Visa that is valid for three months. When you arrive in Thailand, you should first open a bank account and deposit the necessary funds, and after three months, ...

What are the qualifications for obtaining a Thai retirement visa?

1. Applicant must be at least 50 years old and meet any of the following financial requirements: A 800,000 baht security deposit in a Thai bank account for two months prior to the visa submission, a monthly income of 65,000 baht.

What is the best way for me to renew my Thai retirement visa?

It is important to note that when renewing a Thai retirement visa, the same requirements apply as when applying for the visa for the first time. Furthermore, any proof of funds in your Thai bank account must have been deposited and cleared at least three months prior to the date of your visa renewal application.

What are the requirements of 55-year old couple who intend to retire in Thailand?

You must have at least 800,000 Thai baht in a Thai Bank account in your name. This money must have cleared in the account at least two months before you apply. Alternatively, you must have a monthly income or pension of at least 65,000 Thai baht.

How long does a Thai visa last?

Please keep in mind that Thai immigration will only approve your retirement visa application if your nonimmigrant visa is still valid for at least 30 days. Those with multiple entry visas can simply leave Thailand and return at the end of each 90-day stay to renew their visa.

Can I retire in Thailand without a re-entry permit?

However, leaving Thailand without a re-entry permit renders your extension of stay null and void. Foreign nationals over the age of 50 who wish to retire in Thailand may apply for a Thai retirement visa.

How long is a retirement visa valid in Thailand?

Retirement visas for Thailand are available to foreigners 50 years of age or older. These visas are valid for only one year and employment of any kind is strictly prohibited. According to Thai immigration, applicants must meet the following qualifications:

How long is a Thai work visa valid?

Once obtained, the work visa is valid for one year. For more information, please consult the Ministry of Foreign Affairs or the Royal Thai Embassy in Washington, D.C. websites.

How long can I stay in Thailand?

If an individual wishes to remain in Thailand for more than 30 days, he/she may wish to obtain a tourist visa at the Royal Thai Embassy or Consulate in the United States, prior to arriving in Thailand. The tourist visa must generally be used within 90 days from the date of issue and allows an initial stay of 60 days. After arrival in Thailand, a tourist visa may be extended at the discretion of an immigration officer once for an additional 30 days with the total period of stay no longer than 90 days. There is a 1,900 Baht fee for the extension. Interested Americans should contact the Thai Immigration Bureau located at Government Center Chaengwattana Building B, No. 120, Moo 3, Chaengwattana Road, Tungsonghong Sub-District, Laksi District, Bangkok 10210, 66-2-287-3101 through 66-2-287-3110. For more information or additional Thai Immigration Bureau locations, please consult the Thai Immigration Bureau website.

What happens if you don't leave Thailand?

If an individual does not depart Thailand prior to expiration of his/her airport permit or visa, the individual is in the country illegally. In order to depart Thailand, it will be necessary to pay an overstay fine. The fine for overstaying a visa is 500 Baht per day, up to a maximum of 20,000 Baht. The fine is payable to the Immigration Bureau, ...

Can a short term visa be extended?

Expired short-term visas can be extended after paying a fine, but the number of days elapsed since expiration is subtracted from the extension period. Application for extension must be made by the next working day after visa expiration to avoid a fine.

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