Retirement visa in Thailand.
Thailand has become a popular choice of many Westerners when it comes to choosing a retirement destination – it is warm, exotic and offers a huge variety of things to see and do. Generally, there are two ways to proceed to obtain the retirement visa.
Retirement visa requirements.
The basic requirements for the granting of extension of stay on the basis of retirement are that you:
Are aged 50 years or over**- Satisfy basic criminal, character and health checks
- Meet minimum financial requirements
- Are not employed in Thailand (even in a voluntary capacity)
* Note that a ‘free-on-arrival’ 30-day tourist visa is unsuitable as you will not be allowed to enter Thailand unless you are holding either a return ticket or an onward ticket to another country.
The asset and income requirements are simply to ensure that you can adequately support yourself, and will not become a drain on the Thai community.
You must be able to verify that you hold:
- A Thai bank account holding at least 800,000 THB OR
- An ongoing source of income, such as a pension, of at least 65,000 THB per month OR
- A combination of 1 and 2 (Thai bank account + monthly income x 12 = 800,000)
** If your partner is under 50 years of age (and thus does not qualify for a retirement visa) then we can also help them obtain a suitable alternative visa (usually a Non-Immigrant O Visa)
