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
Full Answer
How much money do you need for a retirement visa in Thailand?
Retirement Visa Qualifications 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.
What do you need to get a retirement visa for Thailand?
Eligibility for a Thailand Retirement Visa O-A You must fulfill the financial requirements: A security deposit of 800,000 Thai Baht in a bank account in Thailand for 2 months before the visa application. A monthly income of 65,000 Thai Baht. A combination of the security deposit and annual income of 800,000 Thai Baht.
What are the requirements for a retirement visa?
You can apply for a retirement visa if you meet the following criteria: You are over the age of 55 (65 in some countries). You have a specific monthly income (the amount varies from country to country). You are from a country with a retirement agreement with your destination country.
How much bank balance is required for Thailand visa?
Evidence of adequate finance e.g. Current Bank Solvency and Bank Statement of the last 6 months with satisfactory transaction (at least 20,000 Baht per person and 40,000 Baht per family OR 60,000 Taka per person and 120,000 Taka per family). Only original Bank Statement and Bank Solvency Letter are acceptable.
Is Thailand Open for retirement visa?
A Thai retirement visa is available for foreign nationals over 50 years of age who wish to retire in Thailand. This visa can be applied for in Thailand or while overseas, at a Royal Thai Embassy or Royal Thai Consulate. When applied for within Thailand it is officially known as a Non-Immigrant O-Long Stay Visa.
How much is a 10 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 long can you stay 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.
Which country has the easiest retirement visa?
Belize. Belize is the easiest residency program for retirees. If you have about $2,000 a month in guaranteed payments, you can become a resident of Belize through their QRP program.
What type of visa is retirement visa in Thailand?
Non-Immigrant O VisaThailand 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. The visa can be valid either for a single entry or multiple entries.
How long does Thai visa take to process?
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.
What is proof of sufficient funds for travel?
The United States government requires all international applicants to provide proof of ability to pay tuition and living expenses before the forms needed for obtaining a visa can be issued. This proof can come in the form of personal or family bank letters, bank statements, stock statements, company sponsorships, etc.
What type of photo is required for Thailand visa?
Photo Specs 60mm by 40mm for visa. Color: In color. No black and white accepted. Head size and position: Head should take up 70-80% of photo.
How do I get a 1 year visa for Thailand?
One Year Extension of Stay It is valid for 90 days and it can be issued by the Thai consulate or embassy from the country of residence or it can be issued in Thailand. Once the applicant receives this visa, he/she must open a bank account in Thailand and transfer the required funds of 800,000 THB.
Can I change from tourist visa to retirement visa in Thailand?
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.
Can an Australian retire in Thailand?
The Thai retirement visa for citizens of Australia is issued to applicants who wish to visit and retire in the Kingdom of Thailand. Please note that you must first obtain a 90-day visa or a 1 year non-immigrant O visa from your home country or country of residence prior to your application for the Thai Retirement visa.
How long is a Thai retirement visa valid?
The first Retirement Visa for Thailand that will be issued will be a Single-Entry Non-Immigrant O (Retirement) Visa which will be valid for 90 days. 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. Although the new visa will again only be a single-entry visa, it is possible to apply for a re-entry permit (see below), which will allow you to re-enter without needing to renew your Retirement Visa for Thailand.
How much money do I need to retire in Thailand?
The 10 Year Retirement Visa for Thailand requires applicants to have a minimum of THB3 million in a Thai savings or fixed deposit account OR at least THB1.8 million in a Thai savings or fixed deposit account and an income of THB1.2 million or more per annum. A balance of THB1.5 million must be retained in the bank account for the duration of the visa.
How often do you have to report to Thailand for retirement?
90-day Reporting. For most people, as part of their Retirement Visa Thailand requirements, they will be required to report to a Thai Immigration office every 90 days. Although the process is easy to complete, it can be inconvenient attending the immigration office in person.
Where to apply for retirement visa in Thailand?
If you meet the Thailand Retirement Visa requirements outlined below, you can apply for the visa at the Royal Thai Embassy or Thai Consulate in your home country before you travel. Alternatively, and something that is becoming increasingly popular with those turning retirement age whilst in the Kingdom, is to apply at the Thai Embassy or consulate in one of Thailand’s neighbouring countries such as Laos, Myanmar or Cambodia.
How long does it take to get a Thai stamp?
As the process can take up to three weeks to be completed, you will need to apply almost immediately if you have entered the country using a 30-day exempt stamp. The application would need to be submitted to your nearest Thai Immigration Department.
How old do you have to be to get a visa?
The main restriction for the visa is that you must be 50 years of age or above
How long is expat insurance valid?
However, this insurance may only be valid until the age of 70, with restrictions also in place regarding starting ages. Expatriate insurance designed specifically for expats often allows members to remain in the scheme regardless of age so long as they joined before a specified age, typically 75.
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.
What is a Thai Retirement Visa?
Foreign nationals over the age of 50 who wish to retire in Thailand may apply for a Thai retirement visa. This visa may be applied for at a Royal Thai Embassy or Royal Thai Consulate in Thailand or while abroad. It is officially recognized as a Non-Immigrant O-Long Stay Visa when applied for within Thailand and recognized as a Non-Immigrant OA-Long Stay Visa when applied for outside of Thailand.
What is the process of applying for a Thai retirement visa?
You can apply for a Thai retirement visa in Thailand or in another country where you currently reside. When submitting your application, make sure to include all of the required documentation as well as the appropriate visa application form. You must do the following when applying for a Thai retirement visa (Non-Immigrant O-Long Stay Visa) within Thailand:
Is it important to have health insurance when applying for a retirement visa?
The new law mandates that the applicant or visa holder must have health insurance that covers outpatient medical costs of at least 40,000 baht and inpatient medical costs of at least 400,000 baht. Domestic or foreign insurers may offer policies but the total cost of foreign policies must not be less than the total cost of Thai policies.
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.
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 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.
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.
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 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 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.)
How to get a retirement visa in Thailand?
You will be able to get a retirement visa and your wife and daughter will get a dependent visa. You only need to meet the financial requirement and your wife will only show proof of marriage as well as the birth certificate of your daughter. All of you will require a non-immigrant O visa issued by a Thai embassy or consulate in your home country. You will enter Thailand using the non-immigrant O visas. Once you are in Thailand, you will set up the bank account and deposit 800,000 THB. Two months later, you, your wife and your daughter will apply for the 1-year extension at the local immigration office in the province where your family resides.
How much money do I need to retire in Thailand?
For retirement visa to Thailand, you must have 800,000THB in a Thai bank account for at least 2 months per person per bank account.
How much money do I need to get a Thai passport?
The financial requirements must be met by each applicant which can be either having 800,000 baht savings in a local Thai bank or declaring their monthly income/pension of at least 65,000 baht.
Can I sponsor my Filipina girlfriend for a retirement visa?
Thank you for contacting us regarding your concern. You can apply for the retirement visa while you can sponsor your Filipina girlfriend for the dependent visa based on your retirement visa since she is under 50 years old. Should you have further questions or you require assistance from our Thai visa expert, please send an email to [email protected].
Can a Thai wife be a dependent?
Yet, if your wife has not reached the age of 50, she can act as your dependent. Note that if you have a Thai wife you can apply for a marriage visa which has lower requirements.
Can my wife apply for a dependent visa?
If your are over 50 years old and your wife is under 50, she can apply for a dependent visa.
Do I need a Thai visa for my wife?
Rex. For your wife and son, if they are able to enter Thailand using Thai passport, there is no need for a Thai visa for both of them. For you, you can obtain a marriage visa or a retirement visa. The different between the two is the funds required to be deposited in a Thai bank.
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.