The Thai retirement visa renewal occurs each year. If you have an extended 12-month retirement visa for Thailand. You need to ensure that you renew your visa not more than 45 days before the visa expires. You will again need to bring all the documents you had before for the Thai visa renewal process. When you renew your retirement visa in Thailand you need to ensure that you do not wait until the last minute. This will not only affect your visa status but also affect your 90-day reporting. This as you already have an extended 12-month visa where 90-day reporting is due.
You will have to bring with you proof again of your financial ability to extend the visa. This would include the documents you brought with you the first time. If you had a letter from your embassy for a ‘pension letter’ then you will have to have this renewed. Bring it with you again as proof of income. If you have the 800,000 THB in a Thai account then you will have to bring the Thai bank book again. This has been updated to show that you still have the 800,000 THB in a bank account again. Note that certain embassies no longer provide the pension letter as before.
Also, note that you do not need to keep the 800,000 THB in your bank account permanently. However, you need to be able to show it at renewal and that it has been there for 3 months prior to the renewal application. If you had used a combination of income and deposit. Then this can be changed if your financial status has changed.
Note that if you have had your first retirement visa issued BEFORE October 1998. The Thai Embassy in Los Angeles in the US provides an example of the combination. Being that if you are over the age of 60 they would expect that you have 200,000 THB or more in a Thai bank account. Also, evidence of the account deposit for the previous 3 months must be shown. Alternatively have a monthly income of not less than Baht 20,000 per month. These visa renewals are only for those who got their first visa renewal BEFORE 21st October 1998.
If you are between the ages of 55 and 60 years of age on your visa renewal you should have at least 500,000 THB in a Thai bank account. Alternatively an income of at least 50,000THB per month. Again as above these are only for those who have had a retirement visa since October 1998.
If you have any questions about your retirement visa renewal. Such as the grandfather clauses then call us in Thailand or toll-free from Australia the US or UK. You can also walk into any of our offices in Thailand be it in Bangkok or Phuket for further assistance with your retirement visa. Call us today for your Thai retirement visa renewal!
The information contained in our website is for general information purposes only and does not constitute legal advice.