What do I need to get a retirement visa in Thailand?
- Have at least 800,000 Thai baht in a Thai Bank account which is in your name. …
- Or, have a monthly income or pension of at least 65,000 Thai baht.
- Or, have an annual income, pension, and money in a Thai bank, which come to a combined total of at least 800,000 Thai Baht.
Can I still get a retirement visa for Thailand?
The Thai retirement visa for British citizens is issued to retirees or applicants who wish to visit and retire in the Kingdom of Thailand. Please note that you must first obtain a 90-day visa from the Thai Embassy in London or country of residence prior to your application for the Thai Retirement visa in Thailand.
How long can you stay in Thailand on a retirement visa?
Non-Immigrant Visa Category “O” (retirement)
Holder of this type of visa is allowed to stay in Thailand for 90 days. Employment of any kind is strictly prohibited.
What type of visa is retirement visa in Thailand?
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. The visa can be valid either for a single entry or multiple entries.
How much is a 1 year retirement visa in Thailand?
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 much bank balance is required for Thailand visa?
Bank statements must be from the most recent month (six months for multiple-entry visa) For single entry visas, you need to show a minimum balance of $700.00. For multi-entry visas, you need to show a minimum balance of $7000.00.
What is difference between O and OA visa?
In fact, there is a distinction being made by some between an O-A (which is supposedly only issued at an embassy or consulate outside of Thailand) and an O visa extension based upon retirement (which is supposedly only issued in Thailand).
Do you need health insurance to retire in Thailand?
What is the new requirement for the Thai retirement O-A visa? The new rule specifies that the applicant or visa holder must have health insurance not be less than 40,000 baht for outpatient and 400,000 baht for inpatient medical fees. … The measure will prevent foreigners from doing a runner for hospital fees.
Can I get a non immigrant O visa in Thailand?
Non-Immigrant Visa “O-A” – กระทรวงการต่างประเทศ This type of visa may be issued to applicants aged 50 years and over who wish to stay in Thailand for a period of not exceeding 1 year without the intention of working. Holder of this type of visa is allowed to stay in Thailand for 1 year.
Can I live in Thailand permanently?
The Permanent Residence Permit allows you to stay in Thailand permanently without the need for a Visa. Moreover, it is another step on the road to acquiring citizenship, and a Thai passport. This is an opportunity that the Thai government offers to only 100 people of each nationality every year.
How much money do I need to retire to Thailand?
A recent study carried out by NetCredit estimated that a person needs approximately $390,000 (US) to retire in Thailand. The study covered most countries of the world, with the goal of estimating the cost of retirement based on the equivalent quality of life you’d enjoy back home.
Can foreigner open a bank account in Thailand?
Foreigners are allowed to open a bank account in Thailand. … You don’t necessarily have to LIVE in Thailand to have a bank account but a bank might ask you some proof of residence, from a work permit, a Thai driving license or a document from the Immigration office.
How can I stay in Thailand long term?
Thai Elite Visa is the only visa that allows foreigners to stay in Thailand for a very long period with lesser hassle than the other visas. Unlike other visas, it is the only visa that allows you to stay in the country without sorting out the formalities at the immigration office yourself every 90-day reporting.
Can a foreigner retire in Thailand?
To get your retirement visa, follow these steps… Apply for a 90 day visa from the Thai Embassy in your country or online – this will enable you to travel to Thailand and apply for your retirement visa in person. Apply for the Non-Immigrant O-A retirement visa at the Immigration office in Thailand.
How long can foreigners stay 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.