Thai Retirement Visa Conditions

These are the Thai retirement visa condition for Thailand. What most people refer to as a retirement visa in Thailand is officially an extension of stay based on retirement. The process the extension of stay based on retirement is acquired through entering Thailand on a Non-Immigrant OA Visa, and obtain the extension based on retirement from the immigration office as long as you meet all the requirements.

There are 3 key requirements for the Thai Retirement Visa, namely:

• – The applicant should be over 50 years old;
• – The applicant should have 800,000 THB in a Thai bank account 60 days prior to applying;
• – A letter from your Thai bank is required to confirm your 800,000 Thai Baht is there;

If applying for consecutive visas, the 800,000 Thai Baht has to be available in the bank 3 months prior to applying for the visa, and the other rules also apply. A letter from the bank is also required to verify the amount, and a copy of your bank book should be presented.

Foreign currency may be used for the financial requirement, but the money should be equivalent or not less than 800,000 Thai Baht. You should make sure that the amount you have matches the required amount in Thai Baht, as exchange rates fluctuate throughout the year which may leave you short if not monitored closely.

• – Passport of applicant with Non-Immigrant OA Visa stamp, with photocopies of the photo page, the page showing the stamp and the page showing the last entry date into Thailand;
• – TM-7 Form duly completed and signed by the applicant; passport photo and phone number of applicant is also required;
• – Departure Card of applicant with photocopies;
• – 2 passport size photos of applicant, recent;
• – Proof of funds or letter from the Thai bank, which should not be more than 3 days old, and an updated photocopy of bank book showing the balance required;
• – Proof of address in Thailand such as copies of rental agreement and utility bills;

There are also other issues with regards to the retirement visa in Thailand. You can also see Retirement Visa in Thailand with good retirement locations as well as Thai retirement visa for UK citizens which you can also take a look at on this website.