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The Thailand Retirement Visa Guide

This post will provide you with all the information you need to obtain your retirement visa, and answer all the nagging questions to which you have seen conflicting answers for all over the Internet.

Let's get started.

What is a Retirement Visa?

In truth, there is no such thing as a retirement visa, per se. However, when we talk about a retirement visa, we refer to it as such because people applying are generally retirees intending to spend their retirement in Thailand.

Moreover, you can't work on this type of visa, so it's generally for those who've stopped work and entered the sunny side of life.

What most refer to as a retirement visa is officially known as an extension of stay based on retirement.

The way the extension of stay based on retirement is obtained is by entering Thailand on a Non Immigrant O Visa, which we will discuss a little later, and then by obtaining the retirement extension from an immigration office – provided you meet the requirements.

Retire in Thailand, enjoy the good life.

What Are the Retirement Visa Requirements?

There are three key requirements, as follows:

  • You must be over 50 years old
  • You must have a monthly income of 65,000 Thai Baht or more
  • Or,  ฿800,000 in a Thai bank account for 60 days+ before applying for the extension. And ฿800,000 remaining for 3 months after the extension, and ฿400,000 thereafter. 

The ฿800,000 must be in the bank for at least 2 months before your visa application.

As of 1st March, 2019, the ฿800,000 must also remain in your bank for 3 months after the extension, and, after those 3 months, you must keep ฿400,000 in there indefinitely. 

You also need a letter from your Thai bank to confirm the ฿800,000 is there and has been there for the required time frame. 

Note that you need a letter from your bank verifying the balance and a copy of your bank book.

Note that you can also use foreign currency, but the money must be the equivalent of ฿800,000 Baht.

There are a number of banks offering foreign currency accounts, but you must make sure that the amount you have in there equals the requirement for the extension of stay: exchange rates fluctuate throughout the year, and this may leave you short if you don't monitor it.

=> Read more about opening a Thai bank account here.

Instead of having ฿800,000 in a bank account, you can show an income of ฿65,000 per month, without having to bring the money into Thailand.

For those who don't want to tie up such a large amount of money in what essentially will be a zero interest account, it may be preferable to use this requirement, particularly if you have a steady pension income, or income from investments. 

You will need to provide details of this income over a three-month period, by way of bank statements and through a notarized letter from your embassy that verifies the monthly income. 

New Rules for UK and US Nationals

British and US nationals are no longer able to obtain a letter from their respective embassies to confirm that they have a pension income or other income of the required ฿65,000 amount.

This means that nationals of these countries will have to go down the route of having ฿800,000 in a Thai bank account, or they must have the ฿65,000 income paid into a Thai bank account each month and prove this by way of a 12-month bank statement history.

This is problematic for those who have not held a bank account for 12 months. It is therefore likely that British and US nationals will have to go down the 800k lump sum route, at least for the first year anyway.

On the plus side, money transfers to a Thai bank account are relatively cheap these days (see the link below).

=> Learn the cheapest way to send money to Thailand

* It is expected that other embassies will follow suit and stop issuing income letters too. I will update this article as and when this happens.

What If I Don't Meet the Financial Requirements?

Perhaps you don't have an ฿800,000 lump sum of money to put in a Thai bank account, or a monthly income of ฿65,000. In this case you can still meet the financial requirements by combining the two. 

For example, let's say that you earn 50,000 a month. That would equal ฿600,000 a year.

In this case you would only need to deposit ฿200,000 in your Thai bank account to make up the required ฿800,000. However, you would need to provide both the letter from the bank and the proof of income letter from your embassy

(British and US nationals are currently unable to obtain this income letter). 

What Documents Do I Need for a Retirement Visa?

To obtain the extension based on retirement, you will need to attend an immigration office, such as the office located at the Ministry of Foreign affairs in Bangkok. On the day you will need 5 things, as follows:

  1. Passport with Non Immigrant O Visa inside. Photocopies of: photo page of passport, page showing visa, page showing last entry date into Thailand.
  2. TM.7 (extension of stay form completed and signed). Attach a passport photo and include phone number by your signature.
  3. Departure Card (TM.6) (make a photocopy)
  4. 2 passport size photos
  5. Proof of funds and or proof of income (letter from bank/embassy). Bank letter cannot be more than 3 days old. If using the lump sum application route, you'll need an updated photocopy of your bank book page that shows the balance. Obviously take your bank book along too.
  6. Proof of address (copies of rental agreement, and utility bills (if you have them))
  7. Application fee of ฿1,900 THB

*Sign all photocopies. 

90-Day Reporting

Once you have your retirement visa,  there are two important rules that you must follow to ensure that you do not overstay your visa or invalidate your visa.

  1. You must conduct 90 day reporting. This means you must report to an immigration office in Thailand every 90 days.  This is because Thailand has a law that states that a foreign national must produce his/her address if staying in the kingdom for 89 or more days. The address is reported on a TM48 form.
  2. Perhaps the most common mistake foreign nationals make when living in Thailand on a retirement visa is leaving the country without getting a re-entry permit. A re-entry permit can be obtained from an immigration office or the airport before leaving the country.

This permit will be stamped in your passport and protects your visa from  expiring while you are outside of the country. If you do not get a re-entry permit, then your visa will be invalidated and when you re-enter Thailand you will get a standard 30 day exemption stamp.

As noted, you can obtain a re-entry permit as you are leaving the country. However, if you are able to plan in advance, it may be better to get one a few days before you leave to ensure that you get it done in time and don't miss your flight if you are in a rush to the airport. The re-entry permit form is known as TM13.

I have written extensively about the re-entry permit in this post here.

How to Renew Your Retirement Visa

Your retirement visa (extension of stay based on retirement) will last for one year. But don't wait until that year is almost up before you start planning to renew it. In fact, you can renew your visa up to 45 days before it expires.

Remember that you need to ensure that your Thai bank account balance does not fall below the ฿800,000 threshold three months prior to renewing your visa. 

Also consider that if you need a proof of income letter from your embassy, you should plan this at least a few weeks before you apply for your visa.

Some embassies require you to make an appointment and they may be busy at the time you apply. Don't worry though, the letter from your embassy will be valid for six months, so is perfectly fine to obtain the letter up to a couple of months before you need to renew your visa.

Rules for Those Retiring with a Spouse (Dependent)

It may be the case that you're a foreign couple who want to retire to Thailand. In this situation, there are two possibilities for obtaining the visa:

  • Each partner obtains a retirement visa by following the financial requirements laid out above: that is ฿800,000 in a Thai bank account two months prior to applying; or proof of ฿65,000 income per month, as verified by your embassy; or a combination of the two.
  • One of you obtains a retirement visa and the other receives a visa as his/her dependent.  The visa holder is generally the male party.

The easiest route is for you to both independently get visas. One reason for this is that if the main visa holder were to pass away then the dependent's visa would be immediately void.

This could be problematic because it would  present you with a visa issue to overcome at a time when you would be going through a lot of grief and having to sort out a lot of other things in your life.

In this situation, you could essentially leave the country and come back in on a 30-day exemption stamp, or get a tourist visa from a Thai embassy in a neighbouring country. But this still might not give you the time you need to get all your affairs in order and take care of probate.

It sounds quite morbid, but it is worth considering – because at a time like this you would not want the hassle of sorting out visa issues.

The other reason to avoid going down the dependent visa route is that Thai immigration has moved the goalposts on this visa are a couple of times over the last decade. Both times they have reverted back to the original rules, but it can cause confusion and be problematic.

In the case of a dependent, immigration requires the financial aspect of the extension to be provided by the male party and not through a joint bank account.

Similarly, if you are using a letter from your embassy to prove your income to extend your visa, this must solely be in the man's name and not in joint names. In other words, the income is verified as the man's income and not a joint income.

It is also worth noting that if you are seeking to obtain a dependent visa for your spouse and your spouse is not yet 50 years old, your spouse must enter Thailand on a Non-Immigrant O Visa.

This is because a 30-day on arrival stamp cannot be converted into a Non-Immigrant O Visa inside Thailand, if you are not yet 50 and seeking an extension based on retirement. 

Getting Your Non Immigrant O Visa

The most common pathway to getting the extension based on retirement is to obtain a Non Immigrant O Visa (90 day validity) from your home country before you arrive Thailand.

You can obtain this visa in Thailand, but then that's an extra step that you will have to go through with immigration before applying for your extension of stay based on retirement. It really isn't difficult to get from your home country either, so it is advisable that you do this.

Here are the requirements for the UK Thai Embassy. Please note that requirements may differ slightly from country to country.

  • Visa application form
  • Passport or travel document with validity not less than 6 months and at least 2 blank pages, as well as the photocopy of passport. The actual passport must be submitted with visa application form.
  • Two (2) recent photos (taken within the past 6 months)
  • Supporting documents for the purpose of visit to Thailand. (Please see details for each type.)
  • A copy of pension statement if the applicant is a pensioner, or a copy of 1-month bank statement showing your income from pension, or 3-month bank statement of at least £10,000 

Once you have your Non Immigrant O Visa,  you can enter Thailand and stay for 90 days. You will have to wait 60 days before you can file your retirement visa application at the immigration office and follow the steps laid out in this post.

Have I missed anything? Still got a question? Leave it in the comments below.

More Tips for a Better Life in Thailand

Send Money to Thailand:

Use Transferwise. It is fast, cheap, and gives you the market exchange rate. Me and the majority of my readers are using it.

Get Good Health Insurance:

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  1. doc says

    Just tried to do my 1-year retirement extension in Thailand today Jan 2020 using a foreign deposit account (FDC) Had to put money into the account to update book first. but you have to pay money in with UK pounds and get charged a 1% fee with a minim fee of 500baht = £12.70 And still had to pay 100 baht for the letter also took about 30 mins not including the wait Also, the rules seem to state you have to do this every 90 day for the report??? This is a lot of hassle and expensive. you may be best to just put the funds needed in a Thai bank in Thai Bahts
    Reply

    • Max says

      You wrote "tried" to do your 1 retirement extension. Did you succeed? In my opinion having the money in a Fixed Deposit Account is cheaper,smoother and with a much better interest rate than in a savings account. At Bangkok Bank (maybe even at Kasikorn Bank), you can update the bank book in their update machines without the need to deposit any money. What Immigration office do you belong to? You don't need to show the money in the bank every 90 days. At a few offices you show the 800k 90 days after the extension. Just once. The 90 days report has nothing to do with the money in the bank.
      Reply

  2. FRANK says

    I have a retirement VISA (with 800 K THB bank deposit), live less than 6 months in Thailand and receive my monthly pension on my bankaccount in Europe. Should I pay taxes in Thailand ? Second question: Should I pay taxes on my pension if I would live 12 months in Thailand ? Thank you in advance for your kind comments.
    Reply

    • Max says

      No taxes for the money in the bank in Thailand,except for the 15% you pay to the bank for the interest you receive twice a year. Most of the western countries have a so called Double Tax Agreement,DTA with Thailand. With a DTA you don't have to pay taxes on your pension in both countries,just in the country where you earned your pension.
      Reply

  3. Bryan S says

    Looking to enter Thailand and leave with a non-immigrant A-O visa. You recommend entering with a 90-day Non-Immigrant O visa but here in the US that visa seems to be reserved only for visiting family or volunteer work. Can it be obtained from a Thai Embassy in the US for a single guy with no contacts in Thailand? That doesn't seem clear in the requirements.Is my best option to enter with a 60 day tourist visa, open the bank account and deposit the 800,00 baht right away, extend for 30 more days, get my Thai health insurance, and then apply for the A-O visa after the money has been in the bank 60 days? Would I still need to upgrade to O visa before A-O? If so can I apply for that soon after entry?
    Reply

    • Max says

      Apply for a 60 days tourist visa in the US. After 30 days you can convert that visa to a 90 days Non-immigrant O Visa based on retirement at the local immigration office. The cost is 2000 baht. After 60 days you can apply for a 1 year extension based on retirement. The cost is 1900 baht. You don't need a health insurance. That's only for the O-A Visa. You need 800k baht in a Thai bank when applying for the 90 days Non-immigrant O Visa, and same amount 2 months in the bank before applying for the 1 year extension. After ~11 months you can apply for another 1 year extension,and so on.
      Reply

    • James E says

      Right. There is no plain-vanilla O available in the US. If I were you I'd look at getting the O-A in the US (it allows you to use your US finances to meet the requirement but puts you on the hook for the "medical" statement and background check) That will give you a full year in Thailand to get everything set up for your eventual extension. The way you suggest will also work but check through the comments for recent direct experiences.
      Reply

      • Max says

        Not a very good advice when he needs a very expensive health insurance,a medical check + police record check. Converting a tourist visa to a Non-immigrant O + a 1 year extension is both smarter and cheaper in the long run.
        Reply

          • Max says

            I replied to Bryan S's post and his post only. It's quite obvious that he hasn't got a clue that the Non-immigrant O Visa exists. So,please tell me why he should go for an O-A Visa when he is required to buy a very expensive and in some ways useless health insurance together with a medical check and the police record check. Then he has to pay for an insurance every year when extending his stay.
            Reply

        • James E says

          There's only one reason, Max and that is to be able to use his US finances as the basis for his visa. The medical check is a form you just take to your doctor and costs nothing other than waiting for the doctor to stop laughing. The police report costs $20 and takes two weeks. He may *want* health insurance as the crap we get in the US is pretty much worthless overseas. Managed properly he could get an O-A, live 50 weeks a year in Thailand, and stay on an O-A without ever having to put a dollar in a Thai bank. BTW, the plain non-Imm O is heading the way of the dinosaur. It's been unavailable in the US for years and is now no longer offered in the UK. It'll just be a matter of time before it won't be available in Thailand either.
          Reply

    • Bubba says

      As the Immigration rules have changed so much, I suggest you deal with the Thai consulate in Los Angeles. They are amiable and much easier to deal with than the Thai Embassy in Washington. The visa you need is dependent on your age, your finances and what you intend to do when you arrive. The consul will assist you in determining the best way to get the correct visa.
      Reply

    • Bryan S says

      Thanks everyone for your feedback. It think it verified some things about the O-visa and the AO-visa. So obtaining inside Thailand the O-visa will serve me the same as an AO acquired here in the US, can be extended year after year provided I continue to meet the financial requirements. From other research, reading posts, and my personal situation I feel my best option is Max's advice to enter with a 60 day Tourist visa and the convert to O-visa inside Thailand thereby skipping the need to get the medical and background docs together here in time. It sounds like this route will also save me the need to buy health insurance in Thailand (for now). I would rather set up my own monthly saving fund for future medical costs anyway. I I just have two questions on the timeline of getting my extended stay visa this way. 1) Do I have enough time in 90 days to accomplish getting my tourist visa changed to an O-visa (no need to ask for a 30 day extension on the Tourist visa, right?) and then the extension of stay approved. I understood Max to say that I can't make the first visa change until 30 days in and then another 30 before I can ask for the one year extension. Is this correct? Do the first 30 days count as part of my new 90 day O-visa or does the clock start over at that point? 2) Second question is about having the 800,00 BHT in a Thai bank. Unless I get a new 90 days upon approval of the O-visa I might have a problem. If I can open an account in the first few days and get funds transferred within a week I should be OK either way. However, I have read that many banks won't let a foreigner open an account on a tourist visa. So if I have to wait until I get the O-visa (30 days after arrival) and then fund the bank account and my exit date is 90 days from original entry I won't meet the 60 days in the bank required for the extension of stay before my 90 days are up. Is there a way to get a bank to allow me to open and fund an account while holding the Tourist visa? I was thinking of putting the funds in the Bank of Bangkok New York branch before I leave and then asking the local branch to accept a transfer of that to open an account. It will cost on both ends I'm sure but it might make things smoother at the Thai branch. Also need to know if I will have 90 days in Thailand from arrival or actually 120 days (30 + a new 90 with issuance of the O-visa). My trip is planned for mid March but I do need to return to the US to tie up things before I plan to return permanently around next October. So knowing my length of stay options going in would help. Thanks, I hope this reads clear
      Reply

      • James E says

        Max is probably weighing in on this right now. Read TTL's guide to opening a bank account if you haven't. People's experiences are all over the place. I opened mine on an exempt stamp at BKK Bank at Siam Paragon with no real problems. My Thai partner came with me to sign a statement saying her address is the address I live at. But prior to that, at SCB - the bank her family has been with for generations - they wouldn't even talk with us. It just depends. If you don't have Thai friends or family you'll need a rental contract at the very minimum. If you're going back to the States you have another option that might make sense which is to get a multi-entry tourist visa. When you arrive in March you'll be stamped in for 60 days, when that's running out you can get a 30 day extension. That should give you time to get your bank account set up and funded without rushing around like a lunatic which you do not want to be doing in March. Then you can leave (or do a border run) and you'll get another 60 days (+30) extension to make permanent arrangements. DO NOT use the BKK branch in NYC you get hit with transfer fees AND they have an obscene buy-sell spread you'll have to pay. Look at TTL's Transferwise post and read all the comments. BTW - I'm in BKK the last couple weeks of March and the beginning of April. If you want a contact on the ground over there send TTL a msg through the "Contact" form and have him send me your email.
        Reply

        • Bryan S says

          Thanks James, I checked the transfer rates at BKK NYC and you're right. It's way more than any other service. I'm going down to Pattaya upon arrival (tentative for March 17th) but might stay overnight first. If you're in BBK then it would be great to make contact, if that's not to early for you. I'll keep you posted. So if I try to upgrade the tourist visa to the O-visa in Thailand when would the 90 days of the O-visa start? would the time already spent in country count or would I get a new 90 days starting with the change date? This would be very good to know before I even apply for my visa here in the US
          Reply

      • Max says

        Where will you be staying in Thailand? You have to do the conversion from the tourist visa to the 90 days Non-immigrant O visa and the following 1 year extension at the same immigration office. Your only concern in my opinion,is the opening of the thai bank account. You can't use Bangkok Bank NY branch anymore for transferring money to a BB thai branch. That option died last year. Opening a savings account at a BB branch using a tourist visa is actually possible, BUT, it depends on the branch. Many branches live by their own rules. Do you have a place to stay in Thailand with a rental contract? If you have, you can get a Certificate of Residence from the local immigration office. The cost is from 0 to 300-500 baht. That's normally what a BB branch wants, or a letter from your embassy/consulate in Thailand. If you visit Bangkok Banks website (it's in english), you can see the requirements for a savings account. At my BB branch in Jomtien,Pattaya, the Certificate of Residence is like an "open Sesame" when opening an account,other branches wants the letter from an embassy. You need the 800k in the bank when doing the conversion 30 days later,so getting the account as fast as possible is crucial. But you can also extend your 60 days Visa another 30 days at the local immigration office for 1900 baht if you need extra time. Other than BB you've got Kasikorn Bank, and again,it depends on the branch if they allow you to open an account. Use the 800k you're about to transfer (or more) as leverage at the branch incl a few please. That might help. When you've got your account and the money is transferred from the US, (it must be a foreign transfer), then you're home free. When doing the conversion from tourist Visa to 90 days Non-immigrant O, you'll need a bank letter (they also call it a bank guarantee) from your bank to prove you've got the 800k and that the transfer was international. It cost 100-200 baht depending on bank. Now you wait 60 days and then back again to immigration with almost same papers as you needed for the conversion + another bank letter. Your at least 800k MUST be in the bank 2 months before the application for the 1 year extension.
        Reply

        • Bryan S says

          Thanks Max, good to know that the O-visa time will be added to the original 60 days from the tourist visa. As I thought, getting a bank account opened and funded as soon as possible will be critical to accomplishing all this in 3-4 months. Sounds like getting a place to stay ahead of time might be my next step. I'm settling in Pattaya and in fact Jomtien is the area I'm looking at for renting a condo long term. It's been 25 years since I've been to Pattaya but it seems Jomtien is still a nice "off the path" area but easy to get back and forth to other parts of the city. Would you advise booking a condo there for a few weeks ahead of arrival? I'm arriving in mid March so it sounds like I should get a longer rental contract quickly (know any good deals?) Let's talk more about housing, initial and long term. Love to hear a Jomtien resident's view on this. Your same bank branch there to set up an account might then be my best bet. How long of a rental contract will the bank require? I do want to try to accomplish my long stay visa goal and still return to the US by July as I have some commitments here to tie up before the permanent move around October. Are you going to be in Pattaya in March - June? So on the timeline front let's see if I got this straight. Minimum time from entry to obtaining and O-visa with 1 year extension. 30 days before I can apply for the O-visa or can I apply earlier provided my bank account is up and funded? No set time after that to ask for the extension other than the money has been in the bank for 60 days? In other words, is there a set waiting time period between steps or is it just as soon as I meet the requirements along the way? If so, and everything falls in place, sounds like I can have a long stay visa in hand with a permit to re-enter in 75-80 days. Add a couple of weeks to celebrate and confirm my fight home and I'm looking right at 3 months (my original plan). I'll have to change my original return fight before day 52-54 but by then I should have the 90 extra days (or as last resort the 30 day extension on the tourist visa). Do have this all correct?
          Reply

          • Max says

            You can't convert your 60 days tourist visa earlier than 30 days before it expires. If/when you get the Non-immigrant O Visa,you must apply for the 1 year extension after 60 days. The problem as I see it will be where to stay and get a long term contract. You can't just waltz into Bangkok Bank in Jomtien without a Certificate of Residence from immigration or a letter from your embassy without a place to stay. Even the conversion to the Non-immigrant O Visa requires a contract. That gives you only 30 days (60 days with a 30 days extension) to find a condo you like and open a bank account. Jomtien is quite big nowadays, not same as in 1994. It's not possible to walk around and check for a condo. You have to go online. Try this for starters:https://m.pattayacondoguide.com/
            Reply

            • Bryan S says

              Thanks, so on the visa conversion 30 days before the first step but when you say 60 days to apply for the extension is that 60 more after the conversion or 60 days from entry? Or just 60 days after the money is in the bank (somewhere in between)? I get your urgency about getting the account funded and thus the need to get a rental contract ASAP. I'll definitely book something online before I arrive. Big question now is how long of a contract do you think the Bank of Bangkok will require? Three, six months, or a full year will make a difference in my condo choice and budget since it will probably sit empty between August and November. Hadn't planned about the need for a full year contract on my first visit although the convenience of having a place to return to offsets the extra monthly expense. I can live with that. Also, if I lease for a year do you think it's safe to leave some personal items in the condo while I'm gone for 3-4 months?
              Reply

              • Max says

                30 days after entry you can convert your tourist visa into the 90 days Non-immigrant O. Or,if you need more time, you can extend your visa (stay) 30 days. Then you have 60 days until the conversion. When you've got the 90 days Non-immigrant O,in your passport you'll see the stamp, it's like another entry stamp and there's also a stamp showing the expiring date. 30 days before the visa expires you can apply for the 1 year extension. Either you have 60 + 60 days after entry in Thailand until the application for the 1 year extension,or 90 + 60 days if you need to extend your tourist visa another 30 days. Just count from the day you entered Thailand. The money have to be in the bank when you do the conversion. The first 30 days (or 60 days if you extend the tourist visa),is the window you have to find a condo through a real estate agent, get the contract and then open the account and get the money transferred from the US. 30 days can be tight,but 60 days makes it a lot easier,less stress. You'll need to show a contract for the conversion, but also when you apply for the 1 year extension. So, a 3 months contract won't suffice, right? That just covers the 90 days Non-immigrant O Visa. It's easier and cheaper to rent long term = 1 year. I don't know how big condo you want/need and your budget,and where in Jomtien you want to stay. You can try to find a small cheaper condo for the 1st year, and if needed upgrade when you're back. Leaving stuff while away is normally no problem,you don't need to mention it to everybody,though. Nowadays they have security and CCTV cams.
                Reply

  6. Mal haq says

    trying to get a non O visa from the uk for the purpose of extending to a retirement visa once in Thailand is not a option on the Evisa site that uk and usa must now use. it says O visa for family in Thailand or for medical and for lots of other things but not for a single person coming alone just to retire, and if you click and any of the links it still will only give you the option of a O-A visa for retirement and must show all the stuff that goes with a retirement visa, I have email thai embassy and Evisa but they still refuse to answer. it is on the embassy website that the O visa is still available just show 10 grand in bank account for 3 month but there is no option to apply for it
    Reply

    • James E says

      eVisa is still not available in the US but I'm sure it's heading that way. The plain Non-O hasn't been available in the US for years, if ever. We're stuck with the O-A. You could always try going in on a tourist visa and get it changed to an O once you get there. I think the whole eVisa thing portends a standardization of visas across all countries.
      Reply

    • Max says

      I just logged in to the e-visa website, and I choosed London with a UK passport. The option for the 90 days Non-Immigrant O based on retirement is still available. It's the last option way down in the list before the SMART visas.
      Reply

      • James E says

        I just checked as well. But... It's not called an O visa until you click on it and go to the next page. The title is with "Retirement (Pensioner aged 50 and above with a state pension who wish to stay in Thailand for no more than 90 days)". I think this 90 days thing is the confusing part. Max, how does one migrate from this visa to a long-stay?
        Reply

        • Max says

          You start with the 90 days Non-Immigrant O,then after 60 days you extend it 1 year at the local immigration office. Cost 1900 baht. But, when applying for the 1 year extension, you need to meet the financial requirements = 800k in a thai bank 2 months before applying or show an income/pension of at least 65k monthly. You can't get an income letter anymore from the UK embassy,so you'll need bank letters and statements showing the transfers from a thai bank. IF having the money, the 800k method is the easiest way.
          Reply

  8. Khunang says

    @alfie You loose your permission to stay as soon as you withdraw below 400k. Then you're on and be punishable for Overstay as long as you remain in Thailand, free walking or in prison. (400k deposit in an official Thai bank is your money. Withdrawal at your will and following your bank regulations.)
    Reply

    • Max says

      The O-A Long Stay (1 year) retirement Visa is only obtainable in your home country. From October 31 you also need a health insurance. The 90 days Non-Immigrant O is extendable 1 year after 60 days at the local immigration office. Cost 1900 baht. Then you can extend it every year. No insurance needed.
      Reply

      • Bubba says

        You only need health insurance if it is available. Once I reached 70, I was unable to find any insurers that would cover me. That did not preclude immigration from issuing me a visa. Many of the comments on this site are just that.. comments only and should not be taken as edicts!
        Reply

        • Max says

          If you got an O-A Visa after October 31 you will need an insurance,and also when applying for an extension based on an O-A Visa. It doesn't matter if you are 70+ and can't get an insurance. No insurance,no Visa. That's a fact. I don't know where you got your information,but it's wrong.
          Reply

          • Bubba says

            The US Embassy sent out a bulletin on the new requirements. An insurance policy in Thailand for a 70 year old costs double what Medicare coverage does in the USA. Combine that with the 800,000 baht capital requirements and it is time to start looking at other more hospitable countries to live in.
            Reply

              • Bubba says

                Changing to a 90 day visa with all of the requirements is insanity. Malaysia has about the same financial requirements for retirees and will waive health insurance requirements if you are over 59 years of age. India, Vietnam, Indonesia and other countries may find themselves with a growing list of former Thailand retirees!
                Reply

                • Max says

                  The financial requirements are the same for the 1 year extension based on retirement and the 1 year extension based on an O-A Visa. If you can't get an insurance or can't afford it, it might work with a US insurance if you can get it certified the proper way.
                  Reply

    • James E says

      You're right. The only difference is that the O-A (and O- X) have a 90-day reporting requirement but no requirement to do a border run. That said, you can apply for extensions and re-entry permits in-country to avoid some of the hassles and make each stay a bit longer. Also note that what you get depends a lot on where you are coming from. For example, in the US there is no plain vanilla non-Imm O visa whereas those can be obtained at many other places around the world which limits your choices a bit. Max has got a number of good comments on working through some of these questions have a look at those.
      Reply

  10. Abdu Basi says

    Besides the financial requirements I have heard that one is also required to carry medical Insurance. Where can I find information on that like minimum required coverage etc. I believe 70+ may not be able to obtain health insurance what are there options. The link on this site takes me to Cigna in UK which seems to be very expensive. Can any one suggest a different insurance company.
    Reply

  11. Abdu Basi says

    I will be coming from U.S, do we I have to deposit 800,000 in the bank every year or can I deposit that amount once and not touch it again while I am in Thailand. To cover living expenses can I use a separate account and move money into it as needed from my US bank.
    Reply

    • Max says

      You must transfer at least 800k baht, but just once. You need the money in the bank 2 months before applying for the 1 year extension based on retirement. Then you officially need the 800k to stay in the bank 3 months after. After that you can't go below 400k until next 1 year extension + you need to top it up again to >800k. You can keep the money (all of it) in a Fixed Deposit Account for a better interest rate,but not touch it because you will lose interest. Then you can open a savings account for your daily expenses and you can transfer money from the US monthly. You can also keep all of your money in a savings account,that's up to you.
      Reply

    • James E says

      If by "30 days option" you mean the visa waiver program then that won't work more than a few times before immigration will deny you entry. Additionally, you may be restricted to 15 days on a land crossing which varies by country of origin. There are no such restrictions (other than raising the suspicions of Thai immigration) if you do all this by air but that would get really expensive doing a run every 30 days.
      Reply

      • Max says

        Why is the verification of monthly income impossible? There are a lot of US citizens in Thailand using the >65k monthly method. Several are transferring the money using TransferWise, and if you for example bank with Bangkok Bank they will issue both the bank letter and bank statements.
        Reply

    • Max says

      If you're using the >800k in the bank method, you can not go below 400k after 3 months after applying for the extension,until 2 months before next extension when you have to top it up to 800k again. It has nothing to do with the >65k monthly method. They are just 2 different methods.
      Reply

      • Bubba says

        There is no definitive answer to that on the Thai Immigration website. I transferred 200,000 baht 4 times last year to save on wire fees and it took a "committee" of 6 immigration and a supervisor to agree that I should get my OA visa renewed. Just keep smiling and prepare for a lot of difficulty.
        Reply

      • Max says

        You're talking about the combination method. It's normally used when you don't have the 65k monthly income. Let's say you have 50k monthly, that's 600k in a year. Then you need at least 200k in the bank to reach 800k. BUT, every immigration office doesn't allow this method even if it's officially ok. In Jomtien, Pattaya it's ok. Just an example.
        Reply

    • philip robinson says

      my retirement visa expires in Dec 2019 and i will be aplying for extension using the 800,000baht deposited in a thai bank. however next year i intend obtaining my visa extension by the 65,000baht month income method by August 2020 i will have had 12 months of showing my income going into a thai bank. my question to you can i alter my retirement visa date to bring forward to Aug 2020 from Dec 2020 as i wish to have access to all of my capital as soon as possible and as i understand no lump sums tied up in a bank are required if you use the 65,000baht a month income method. thanking you for help
      Reply

      • Max says

        If you extend your stay 1 year from December 2019 using the 800k in the bank, your officially not allowed to go below 400k until next extension. Normally you would top it up again to 800k 2 months before next application. In my opinion you must keep 400k in your account,and then about 1 month before the expiration date use your income/pension for next extension.
        Reply

        • philip Robinson says

          thanks for your help based on what you say i will apply for the extension about a month before expiration date using the 65000baht a month income method as being able to spend up to 400000baht this should be ok to see me ok during the 2020 to 2021 year everything else sounds a bit vague but thanks for all the help and advice. Philip Robinson
          Reply

      • James E says

        You can also consider switching visa types to remove the financial requirements. Then, when you're at a point where you have the 65k+deposit level combo you want get a new retirement visa. There are a few ways to work it out. If you can already document the 65k then you can combine that with a smaller deposit. I don't think you can move the date forward but I could be wrong.
        Reply

        • Max says

          From 2020 he needs 12 transfers to meet the requirements for the 65k monthly method. He reach 12 months in August next year. I dont think (I'm not sure) he can use the combination method for next extension in December this year. But if he stays with the 800k in the bank method and keep the 800k for 3 months after the extension starts (that's a must), then he can free up 400k. That's better than nothing,and then use 65k monthly next year in December and he can do whatever he wants with the money. I would still keep at least 400k in the bank.
          Reply

          • James E says

            Right. That's what made me think of an interim visa. Say a visa exemption entry followed by a tourist visa with an extension followed by another. (Not sure what the optimum mix would be...) All the while he's booking the 65k/mo. Then in August convert a tourist visa to the O based on income.
            Reply

              • James E says

                Wisdom is something I've rarely been accused of. But given your lack of any further practical input I'm sticking with it. There are many ways to play the visa game. My suggestion is something that would be completely plausible if the foreigner were under 50 and wanting to "long-stay" without a long stay visa. 1) It keeps Philip in Thailand, 2) it removes the 800K requirement immediately, and 3) allows him to tailor his "temporary" visa expiration in line with meeting his target of August 2020 for the income history.
                Reply

  14. Sa dra says

    My husband and I have lived here 19 years and had a retirement visa since they began them. My husband is elderly and last year he was hospitalized several times and had several accidents and I was misinformed about the money having to be in a local bank and told you could show your bank statements as before. Wrong. At same time I realized my husband 's passport only had a week before expiration I nearly died on the spot but was able to get new one in one week and pay a fine but told to leave the country to go to Thai Consulate in Vientian. We booked and left right away only to get here to Vientiane and go to Thai Consulate where I first had to get an account with their system and a code to then make 2 separate appointments with no way of knowing WHEN. Been here a week and no appt and must leave tomorrow. Consulate says Must noe have police report from Bangkok. And medical report. Never told this by immigration and they provided a list of requirements.I have no idea what to do next. Been to CM Immigration 4 Times and to Chiang Rai Immigration who sent us to Mae Said Immigration who said they do not do piggyback as we have in the past and my husband would have to leave the country and come back with non immigrant O. They told me i woulf need to do that in Thailand. I have no idea what will happen at the airport tomorrow. Any advise.
    Reply

    • TheThailandLife says

      Hi, yes unfortunately the Vientiane consulate now requires appointments and you have to book in advance as they fill up fast.You will need to leave the country and come back with a Non Immigrant O visa. Your husband will then have to do the retirement visa extension again with the new visa. You could then be a dependent on that visa. Note that for you to be a dependent the 800k in a Thai bank account (for 60 days) must be in your husband's account.Has the money been in your husband's account for 60 days+? If not, you will also need to get a Non Immigrant O visa, or a tourist visa, because once you return to Thailand you will have to wait 60 days before doing the extension. If the money has been there for 60 days+ your husband can do the extension immediately.
      Reply

  15. Alex says

    In England you cannot get the retirement visa at all as of june 2019. This has caused me problems big time. for two weeks I tried the thai embassy in London. It seems they have a policy of not answering the phone. I did find out that you apply on line to Bangkok. Sounded simple enough but that was about all. Turns out its not policy to respond to your emails so they will only come back mailer demone. I have family in Thailand and was in the process of getting rid of everything in England. It has been dawning on me that everything is turning to dust. I have been coming here for 11 years, What happened?. I am now in a real mess.
    Reply

    • TheThailandLife says

      Hi Alex, where does it say they don't do the O-A visa anymore. I couldn't see that on the website. Either way, it might be easier to follow the advice in this post and get the Non Immigrant O Visa (single entry - 90 days) and then do the extension based on retirement in Thailand.The website says the following:In Person From 15 June 2019, visa applicants in the UK and Ireland have to apply online. In order to access online visa application, please go to https://thaievisa.go.th/Home Applicants are required to set up an account and submit visa applications, then book an appointment to submit their passports and visa applications in person at the Embassy.By Post: From 15 June 2019, visa applicants in the UK and Ireland have to apply online. In order to access online visa application, please go to https://thaievisa.go.th/Home Applicants are required to set up an account and submit visa application online, and print out the completed visa application with bar code and submit it with your passport to the Embassy by post. 14 June 2019 will be the last day the Embassy will process visa application by post, submitted with the old visa application forms. Any old visa applications received after 14 June 2019 will be returned to the applicants.
      Reply

      • Gary says

        I second your suggestion for a 90 day " in country" route as at least Alex will be her with his family while getting things sorted. I took the "in country " route last October and apart from a day spent at Bangkok Immigration filling in paperwork it was pretty straight forward and stress free. As long as Alex has a Thai bank set up already and the funds can be deposited it meet the required time constraints then I think it cuts out all the worry of being in the UK and wanting to be here . I would go for the O visa to get here and convert it once here.
        Reply

  16. Bill M. says

    I am coming to Pattaya in 2 weeks. I have been in contact with an agency to help me obtain a retirement visa upon arrival in Pattaya. I was quoted 32,000 Baht for all of their services. That seems excessive. I understand there is a fee for them doing the work but that is rather large. I am a US citizen with >800K Bhat in a US bank and >65k Baht/mo income. I do not have a Thai bank account as I was not allowed to open one in the US. I plan to stay for 7 months. Any advice would be helpful.Bill
    Reply

    • Max says

      Bill, 32000 Baht is very expensive. Why didn't you ask this a bit earler? 2 weeks is a short time. What kind of visa will you arrive on? 60 days Tourist or 30 Visa exempt? If you arrive on a 60 days Tourist Visa,that visa can be converted to a 90 days Non-Immigrant O based on retirement at the local Immigration Office. After 60 days you can apply for a 1 year extension. But your problem will probably be the opening of an account in a thai bank.
      Reply

    • James E says

      Max is right. If you are coming in on a 30 day exempt you are going to be pressed for time. Everything in Thailand takes much longer than you think. If you are close to NYC, DC, or LA you can get an O-A issued directly but you might not have enough time to pull together the supporting docs like the background check and medical assurances. You could also get a 60-day Tourist Visa quickly. If you don't already have a visa I think your best bet is to get over the jet lag and do a visa run to get a 90 day non-imm O and then you can take your time arranging your finances and getting that sorted out. I'd stay away from "agents" until you have some experience on the ground. You arrive with a target painted on your back and you will find all sorts of helpful people who will take advantage of you. 32kBaht is insane and, other than them filling out a couple of forms, you'll still have to do all the work.
      Reply

  17. VegasGuy says

    Hello -- I'm a US citizen nearing age 50 and looking into the Thailand O-A retirement visa. I think I understand all the requirements (financial, etc.), but I'm still a bit confused as to the best way to obtain the visa. It seems as though getting a 90-day O visa is not offered in the US. Thus, I think my best option is to come in on a 30-day visa (waiver), establish an address and bank account, then start the O-visa process. From there then I'd apply for the O-A visa 1-year extension after I get the O-visa in Thailand. Seems like it would be best to use an agent rather than do all of this on my own. My other option would be to apply for the O-A visa here in the US, but that seems quite complicated. Am I thinking about this right? Thanks for everyone's help.
    Reply

    • Bubba says

      Having done it in the US and now having to do it here in Thailand, my advice is to do it in the US at the Los Angeles consulate. You can do it by mail. The consulate is extremely accommodating. The forms are not that difficult and you will not have the language barrier to deal with. When you renew here in Thailand you will fully appreciate how easy the process is to do in the USA. Just check out the consulate's website.
      Reply

    • James E says

      Your best bet (IMO) is to get your O-A from the Thai Embassy in the US. This has two downsides: 1) you'll have to get the letter from law enforcement saying you're not a criminal. I'm in WA and the letter cost about $20 from the state bureau of investigation (You can use the FBI but it takes longer). And 2) Your doctor will look at you funny when you hand them the health certification form asking about all these 19th Century diseases. The plus side is that you can use your US assets to meet the financial requirements. Then, with visa in hand you can take your time once in TLOS and find a bank and get that all set up. In general (again IMO) you'll be better off not using an agent for anything in Thailand. You need to learn the ropes and handing off responsibility to someone else is opening the doors to all kinds of issues.
      Reply

  18. Steep says

    Having spoken with an agent in Thailand (Pattaya) they advised that I come to them as soon as possible after my entry into Thailand (on a 30 day visa waiver) to begin the process of obtaining a retirement visa. I was planning to spend two nights in Bangkok upon arriving before moving on to Pattaya. Would two nights delay make any difference to my application?
    Reply

    • Max says

      If you're doing the conversion from a 30 visa exempt to a Non-Immigrant O in Jomtien,they want the procedure to start almost immediately. That's because CW Immigration in BKK has the final word when it comes to conversions from 30 days visa exempts and 60 days TR Visa to Non-immigrant O Visa. If 2 days matters,who knows? You're probably paying the agent a nice sum,so I guess he can sort it out. If 2 days matters,you can always apply for a 30 days extension,and then apply for the conversion.
      Reply

    • James E says

      They want you to come as soon as possible because otherwise you're gonna find out how easy it is to do without an agent. It takes at *least* 90 days to get your visa since you have to get all your financial requirements in order and have your 800K in the bank for 3 months. If you live someplace where you can get an O-A from your local Thai embassy you can use your existing accounts to meet the financial qualifications then once you're in TLOS you can take up to a year to get your finances in order.
      Reply

  19. Max says

    There are a few errors in the otherwise very informative explanation for the 1 year extension based on retirement.The new requirements when having >800k in a Thai bank: From March 1 2019 you need the money in the account for 2 months before applying. Same with next extension and third and so on. NOT 3 months before. 2 months for every extension. Then also 3 months after the application. They also require a so called 90 days check to see that you still have >800k in the account.The interest rate for a Savings Account is not 0%. You get 0.5% at Bangkok Bank and at several other banks.It's also possible to open a Fixed Deposit Account,FDA. The interest is about 1.5% for 12 months at Bangkok Bank. Higher rate for 24 months and so on.The Australian Embassy also stopped issuing the income letter January 1, 2019 together with the UK and US Embassies.Other embassies still issues them same as before.If you don't have an income letter you need >65k monthly. The transfers "HAVE TO BE INTERNATIONAL" and the Thai bank will issue a bank letter stating this. You also need copies of the bankbook and "EVERY" transfer has to be a foreign transfer. This is at the moment very important. It might change when Immigration learns how foreign transfers really work.
    Reply

      • Max says

        Sorry,check what you wrote. You wrote 2 months before applying for the first extension,and 3 months before for the next extension from March 1. It's 2+3 months for every extension from March 1. I have seen the official police order from Immigration, and I did my last extension in May according to the new rules.
        Reply

        • TheThailandLife says

          My information was taken from the press release at the time sent to me by immigration. I wrote that the 800k must be there 2 months (60 days) before the extension and remain there for 3 months after the extension. 400k must remain throughout the duration of the visa.This correlates with statements by various officials. Here's one:“Under the new rules, the B800,000 must be in the account at least two months before applying for the visa (permit to stay) and must remain in the account for at least three months after the visa has been issued,” Col Acheep said.“After three months the foreigner can start withdrawing from the account, but under the new rules the balance in the account must not go below B400,000 at any time throughout the year,” Col Acheep explained.Thanks
          Reply

      • Steve Holt says

        My yearly multi entry right to remain expires on 31 October and l can't get back to Thailand from UK until early October. Do l have to make sure that an entry stamp for 31 October is still given, or can l be ok with a 30 day stamp on entry, which would take me over the yearly visa date ? I don't want to do anything to affect my renewal on return. Thanks.
        Reply

  20. Shanti says

    Hello - can you open a Thai Bank account if entering the country on a Non Immigrant O Visa? I note that this visa is a stepping stone to retirement visa, which requires you to have a deposit of money in a Thai bank account. Thanks
    Reply

  21. Tron says

    Recently I've seen posts about doing a border run near the end of my 'home-country-aquired' O-A visa which will activate a further 1 year allowance without paperwork, essentially getting a second year on the first visa.Can anyone break out the details and or confirm my understanding please.Cheers, Tron
    Reply

      • Tron says

        Sorry. I recently saw comments elsewhere that said to the effect "leaving the country before the 1 year term expires, on a turnaround, will get you an additional permission to stay of one year" effectively stretching the potential retirement visa stay to nearly 2 years. Much like the idea of getting 9 months out of the METV.I don't expect you to include the following if you post my reply, but for your reference the comment by "Jimn" and just below that "ubonjoe" on Thaivisa https://forum.thaivisa.com/topic/1089085-retirement-extension-but-outside-thailand-for-extended-periods-and-bank-deposits/?do=findComment&comment=13931972I'm familiar with all the requirements etc, etc, just the key question of whether this is actually true for retirement as well.Thanks
        Reply

        • TheThailandLife says

          Right, so if you have an OA visa from the embassy in your home country, when you enter it activates the year. Then, before it expires, you leave and re-enter to get a further 1-year permission of stay. But if you want to leave during that new year, you'd need a re-entry permit.An OA is essentially the same as an extension of stay based on retirement, except the route is different because an OA you get from the embassy rather than doing the extension in Thailand off the back of having a Non Immigrant O visa, as described in my post.If you go the Non Immigrant O visa route, then once your year is up you simply apply to extend again. However, you must meet the financial requirements to do that. The advantage of the OA is that for the second year you can avoid the financial requirements by leaving and re-entering prior to your visa expiring.
          Reply

          • Max says

            The O-A Long Stay Visa can only be obtained in your home country and multiple re-entry is included. And it's actually correct that you can leave the country just before it expires and you'll get one more year. When you extend it 1 year you still have an O-A Visa. The type of visa doesn't change.
            Reply

              • Max says

                No,I don't think you can convert any visa to an O-A in Thailand. O-A and O-X Visas can only be obtained in your home country. That's the whole point because you need police records and the medical form to be able to apply for them.
                Reply

                • James E says

                  The Thai Immigration forms are TM-86 (if you have an O visa that you want to change) or TM-87 (if you are applying for a new visa). The police records are not required when applying in Thailand but the financial requirement is only fulfilled with the money in a Thai bank.
                  Reply

                  • Max says

                    Sorry,but you're wrong. When you change visa from 60 days TR to Non-Immigrant O Retirement Visa,and then extend it 1 year,you STILL have a Non-immigrant O. NOT an O-A. It has nothing to do with the 1 year period. An O-A visa from your home country will still be an O-A visa after a 1 year extension. I have done all this myself. I know how it works.
                    Reply

                  • Gary says

                    James is spot on as this is exactly what I did when I arrived last year . I entered Thailand with a 60 day visa and then applied for a change of visa and received an O-A visa which takes me up to next February. This route does away with the medical and Police checks in your home country { and no I'm not a criminal or infirm it was just quicker for me to move after retirement } , but does require you to have the 800K in place already in Thailand before you apply on the TM 86. I set up my bank account on a previous visit in the February before flying out in October to ensure the funds were siting in the bank for the required time period. Oh yes as a foot note this method is actually less expensive than obtaining the O-A in the UK as well !
                    Reply

                    • Max says

                      You did not get an O-A Visa. You got an Non-immigrant O which you can extend 1 year after 60 days. Check your passport. This is the most common way to get a visa based on retirement in Thailand. O-A can only be obtained in your home country.

    • James E says

      This *might* work although I'm thinking the best you can do will be only 90 days. There are two considerations. First, you're going to have to apply to make your Visa multi-entry. If you're coming from the US the website states: "Validity of a visa: multiple entries." However, reading on it also says: "During the one-year period, if he or she wishes to leave and re-enter the country, he or she is required to apply at the Immigration office for re-entry permit (single or multiple) before departure." So you'll want to make sure that this is clarified. If a reentry permit is needed I think you'd want to get that early in the visa's initial validity rather than toward the end when it might be more obvious what you have in mind. Second, You may be opening yourself up to extra questions. For example, while you will be well within the law to stay until your stamped date you'll still need to do 90-day reporting. I'm not sure how the 90-day reporting works when you are operating on an expired visa. Immigration can ask you for anything and everything they want to continue your stay; including getting a valid visa. Since your 1 year visa is essentially 4 sequential 90 day stays your second period may just end up being a 30-day exemption stamp since your visa would be technically expired. A lot would depend upon the immigration officer. They could ask you to leave. This would suddenly put you in jeopardy of getting a new O-A unless you've already got the financial requirements met. Seems like there might be a bunch of downside with only a bit of an upside.
      Reply

  22. Terry Barclay says

    Hi, over a 12 month period my account shows income of 880k, hi point 200k Low point 70k with monthly income of between 70 to 80k every month, Exchange rate ???, would this be acceptable to the nice people at immigration. Thank you
    Reply

    • Max says

      If you come from the UK,Us or Australia, your embassy doesn't issue income letters anymore. That's why your Thai bank book must show international transfers = FTT every month around the same period of the month. Plus you need a bank letter from the bank.
      Reply

      • Bubba says

        I have been that route and Bangkok Bank would not issue me a letter showing deposits that went back further than 6 months. That was unacceptable to Immigration at Lak Si. Immiration said, "our policy.." Bank said, "our policy..." Mexican standoff. I still don't know how I got my vida renewed.
        Reply

        • Gary says

          I was told the same when I requested 12 months worth of transactions at the Bangkok Bank Branch located downstairs from the Immigration offices in Bangkok. I was however able to get the full list when I went back to the branch where I opened the account originally. Apparently only your original branch can access12 months data and any other branch will only give you 6 months data. I wonder if this is what you have experienced and they have failed to explain themselves at the Branch. Try your original set up Branch as I believe you will have better luck .
          Reply

          • Bubba says

            I visited my original Bangkok Bank branch and two other branches and was informed of the same thing. That can only produce letters retroactively 6 months. I had an Thai official accompany me and that individual was told the same thing. When told that Immigration requires a one year statement, the branch manager simply replied,"That is not our policy."
            Reply

            • Max says

              They are still wrong. The new requirements from Immigration states that they want to see a bank letter showing 12 consecutive international transfers. Your Bangkok Bank branch should know this. It's 9 months since the new requirements kicked in.
              Reply

        • Max says

          Your bank branch is totally wrong. They should know about the new requirements starting about 20181226, in some Immigration offices 20190101. You can visit the main office on Silom Road,they know how it works. In Chonburi province and in other provinces there's no problem what so ever at B-Bank with income letters showing international transfers for 12 months. That in combination with copies of the bank book showing foreign transfers is what Immigration demands.
          Reply

  23. Tom Larner says

    For six months after renewing a retirement extension you must still have maintained an 800K balance. What do you need to do to prove this to Immigration on the 6 months anniversary? Copies? Letters?, etc?
    Reply

    • TheThailandLife says

      It's 3 months for the 800k and then 400k thereafter. When you do your yearly extension you will have to show you bank book and they will be able to see your withdrawals and balance. You will also require a letter from the bank to confirm the account has met the requirements.
      Reply

    • Gary says

      I took everything and they asked for nothing ! . I think you see so many different officials that they forget what you are there for and its pot luck if you get asked to show your bank book again until your years renewal is due and then its all about the dreaded TM 30 and fines . I would take your bank book and if asked it will show when the funds went in and how long they have remained above the threshold limit.
      Reply

      • Max says

        You never show your bank book. But you have to take copies of your bank book twice a year. When you apply for your 1 year extension and last time 3 months after to show you still got >800k. That's a new requirement from March 1. Immigration calls it a 90 days check. The TM30 mess is what it is,and we'll have to wait and see what happens.
        Reply

  24. Bubba says

    I am a United States citizen on a retirement visa. I am truly retired and want to do some extensive travelling in Asia when my O-A visa expires. If after a few months I wish to return to Thailand, what is going to be the most expedient way to reapply for an O-A visa? I have no intention of returning back to the United States just to undergo all the hoops you have to go through there again to obtain an O-A visa.
    Reply

    • Max says

      You can actually leave Thailand just before the O-A Visa expires and re-enter. You will get another year O-A Visa. Multiple re-entry is included in the O-A Visa. The other option is to extend the O-A Visa 1 year 30 days before it expires,but then you have to meet the financial requirements.
      Reply

        • Max says

          How long have you been on your O-A Visa? The first year the multiple re-entries are free. Just before it expires you can leave and come back and automatically get another year. The second year you need a re-entry or multiple re-entry permit to leave and come back. When the second year is about to expire (about 30 days before) you have to apply for a 1 year extension at Immigration. The cost is 1900 baht. You have to meet the financial requirements,though. You need >800k in a Thai bank 2 months before applying, and still need >800k 3 months after. Then >400k the rest of the year.
          Reply

          • Bubba says

            I have been here 3 years now. During that time the Immigration policy regarding finances has changed but the fact of the matter remains is that I have an O-A visa with multiple reentries for each year and never have I been allowed to extend my visa beyond the original expiration date stamped on the visa expiration.
            Reply

    • James E says

      Your best bet might be to be somewhere where you can get the plain non-imm O visa (Something that isn't offered in the US) which gives you 60 days (I think) and then get it changed to an O-A when you get back to TLOS. If your plans include Oz I think you can apply for an O there. Check with the RT Embassy websites in the other countries you'll be traveling in to see if it's offered there.
      Reply

      • Max says

        The first year you have multiple re-entries included in the O-A Visa, and if you left the country just before the visa expired,you would have gotten a free second year. Get it? The second year you have to apply for the multiple re-entries,and same the third year. The requirements (>800k in the bank) has not changed the last 3 years. Just extend your visa another year 30 days before the visa expires,and you have another year + apply for multiple re-entries.
        Reply

        • James E says

          Max, "If you left the country just before the visa expired,you would have gotten a free second year." I can't see how this works. Your visa has a validity of 1 year and you are allowed up to a one-year stay on an O-A. So if you left and returned you would be stamped back in for a year (possibly) but not if you just left. Plus, during the year (or however long you were stamped in for) your O-A would expire so you would have to either extend it before the expiration date or apply for a new one. However, if you're saying you basically skip every other year then once your visa expires - even if you have multiple re-entries - leaving Thailand would invalidate your stay as you will be stamped out and not have a valid visa to return under.
          Reply

  25. alfie says

    "Foreigners now need to keep 800k in Thai bank for three months AFTER retirement extension is granted. The alien can withdraw the fund 3 months after being granted permission and the remaining balance must be no less than THB 400,000 until the extension ending." So can you tell me When and How i could withdraw the remaining 400k if i decide to leave Thailand ?
    Reply

      • Bubba says

        What happens if you change your mind and decide to stay another year? You have now met the 800K visa requirement but your income has changed and you deposit 70,000 baht every month to meet the visa requirement. At what point can you remove the remaining funds?
        Reply

        • Max says

          You can change method to meet the requirements for a 1 year extension from >800k in the bank,to >65k monthly. If you come from the UK,US or Australia your embassy doesn't issue income letters starting 20190101. You need 12 monthly international transfers, that's important and they should arrive in the bank every month and about the same time. Never 2 transfers one month and none next month. You need a bank letter from your Thai bank and copies of your bank book showing 12 foreign transfers = FTT. That's very important at the moment. Other countries uses income letters from their embassies as usual. >65k monthly in the bank is not required. If you want to transfer your 800k in the bank to your bank abroad,they can as I understand it be repatriated. You have to show they were an international transfer in the first place,and provide the Thai bank with all information they need about the bank, account no,Swift code etc etc. If you need cash then you can almost withdraw as much as you want. Cleaning the account wouldn't be the best move in my opinion. Always nice to have some money in the bank for a rainy day.
          Reply

        • James E says

          At whatever point you meet the income requirement as a stand-alone and how you decide to balance whatever remaining funds you have in your account. If you want to take it to zero you'll need to document (at least) 65KBaht "income paid into a Thai bank account each month and prove this by way of a 12-month bank statement history." (As mentioned in the post.) I have also seen some reference to needing the deposits to show as international but I'm not sure about that. So, in short, you can take the funds out after you have met your obligations under your current visa/extension - so, down to 400K after 3 months with the remaining 400K after your third 90-day check-in. You may want to see if immigration will switch your qualifications mid-stream - say at the 3 or 6-month point - with documentation of income.
          Reply

          • Max says

            If the transfers aren't international/foreign,the application will be denied. That's also what the bank letter from the bank shows. Some banks issues both statements + a letter that shows the transfers as foreign. Every transfer in the bank book has to be a foreign transfer = FTT. Many applications have been denied because of Interbank Transfers. That's when the transfered money has been sent to another bank first,then been routed to the applicants bank. Some Immigration offices don't trust the bank letters and just look at the transfers in the bank book.You should read up on the requirements,they are not secrets. And there are many reports online about applications being denied. Hopefully Immigration will learn to trust the banks instead of the transfers in the bank book.
            Reply

            • James E says

              Max is right. Make sure all your ducks are lined up. I use Bangkok Bank and Transferwise and my transfers show up as FTT in my bank book. My account statement says they're "international" transfers but then goes on to cover themselves by saying the transferrer is responsible for calling them international. Take the book.
              Reply

              • Max says

                You're having problems with your BB branch,while others have no problems what so ever. Immigration requires the bank letter and that's what you have to give them + copies from your passbook. Otherwise you won't get an extension. Can't you visit BB main office on Silom Road? They should be able to help you.
                Reply

      • Max says

        5x 1900 baht for 5 years retirement visa against 500k for an Elite Visa. You still have to do 90 days reports and TM30 reports with the Elite Visa. Ok,there are less paperwork,but I spend about 1 hour a year to get my copies and bank letter for Immigration. I stay 5 min from my Immigration office.
        Reply

  27. Terri says

    I want to move - "ringfence" my retirement visa money of 800k, just from one saving account to another - same day transfer - both accounts in my sole name. I'm four months into my visa year. That shouldn't cause a problem on annual renewal/extension, should it?
    Reply

  28. jonathan says

    June 11 2019.Went this morning for my yearly retirement visa (non-o) to the Bangkok Immigration office. This time they wanted a map which shows the place I live. Of course I didn't know that because this is something new. This time not a big problem, but they let me make a drawing whereabout I live. Next year this will be a problem.Another problem I encountered: half a year ago I was for two days in Hua Hin for a short break. The officer told me that I am therefore registered in Hua Hin. They even showed me prove (a picture and documents made in the Hua Hin hotel). So I had to go to change my address (into the address where I live for many years) first before getting my retirement visa.Very annoying, not the least for the officers who have to deal with this BS. On a positive note: the Immigration Officers were, as always and without exception, super friendly and at noon I finally got my visa.
    Reply

    • TheThailandLife says

      Hi Jonathan, thanks for the update.A map? That is a new one. Funny that they let you draw one. It can all get quite ridiculous at times.The situation in Hua Hin is rare but can potentially occur because the hotel logged your new address while staying with them, and then when you return home the owner of that property would then need to log you there again.
      Reply

    • Bubba says

      The address change happened to me too. Plus to change it back at the Immigration department at Laksi I had to pay a fine before I could renew my O-A! Now when I travel within Thailand, if I am traveling with Thais, I put the reservation in their name and just pay for the hotel in cash. Otherwise, if I am not traveling with Thais, I just have the owner of the property fill out the form and then I mail it to Laksi and let them deal with the hotel for not filing the form. As far as the map thing goes, I'll be prepared with a map of Thailand showing Bangkok and have an X to mark the spot.. I don't do maps. Can't draw worth a hoot.
      Reply

    • Max says

      The hotel in Hua Hin did what they are required to do by law. They reported your stay by submitting the TM30 form. When you come back home, you or your landlord have to submit a new TM30. CW immigration in BKK are really tough regarding this procedure.
      Reply

  29. gary says

    Hi, I am about to attend my first 90 day visit to Immigration, can anyone confirm what is now needed for them since the rules changed around the banking of the 800K prior to and after the granting of the extension of stay. Do I need a bankers letter, my bank book , both or something else ? I've looked through the posts but can't see any definitive answer unless I'm on the wrong post (apologies if the case). Can I also confirm if I visited the UK at the end of March so my 90 days started on my return date when a new TM6 was issued ?
    Reply

  30. Andrew Evans says

    I would like to obtain a retirement visa but have tried several banks and they will not let me open a bank account on a Tourist Visa, so I can't put the 800,000 baht into a Thai bank. How do foreigners open bank accounts in Thailand?
    Reply

    • James E says

      Read through the comments. There's a ton of them but that's the first step. If you're in on a tourist visa it boils down to: 1) Find a branch that will work with you. Thai banking depends on the season, the manager, the position of the stars in the heavens and whether they have an account quota to meet. 2) Dress well. You go in looking like a tourist, you're going to get treated like a tourist. Banks make nothing on an account for a tourist. If you can at least hint that there might be more business down the road in terms of deposits, a condo buy, whatever, you'll do better. 3) Bring a Thai national who will vouch for you and provide an address. You need a permanent (as in good even when you're not in-country) address. If you're renting a condo, fine. Staying with friends, fine. You just need a way to prove it's your address and it'll work down the road. I got my account on a visa waiver entry. Just give them a reason to want to work with you. Good luck!
      Reply

  32. Teresa says

    I can prove an income of 65,000 baht per month but not in a Thai bank account. I have not got 800,000 to put in the bank by August this year. What can I do to get a retirement visa renewed in November? Advice greatly appreciated.
    Reply

    • Bubba says

      You have options. You can renew your visa in your native country. The Thai embassy in your country will probably accept your income being deposited in a bank in your country. The Thai Embassy and consulates in the United States will do that. (You can use it as an excuse to return home. :)) The money could be borrowed from a bank, most certainly in your home country and possibly from a Thai bank. It would depend upon your finances, collateral, etc. You could borrow the money from relatives with the same security for them that a bank requires. You may have cash value life insurance that you can borrow against too. You may want to liquidate some of your assets, too at this time in your life. It is time to start thinking creatively.... don't give up too easily.
      Reply

      • TheThailandLife says

        If applying for a retirement visa in your home country it is called a Non-Immigrant O-A (long stay) visa. You don't need money in a Thai bank account to do this, you would need to meet the financial requirements detailed on the website of your local Thai embassy.
        Reply

  33. Liz says

    Requirements: “Or, ฿800,000 in a Thai bank account for 60 days+ before applying for the extension. And ฿800,000 remaining for 3 months after the extension, and ฿400,000 thereafter. ““The ฿800,000 must be in the bank for at least 2 months before your visa application.”Observation: The first requirement applies to the time of extension and clearly states a Thai Bank. The second requirement applies to the initial application and does not state the location of the bank i.e. Thailand or one’s home country.Question: When making the initial application for this VISA, can the required 800,000 BHT, be in the applicants bank in their country of residence, then transferred to a Thai bank, approximately, 3 months before filing for an extension?
    Reply

    • TheThailandLife says

      You apply for a Non Immigrant O visa in your home country. The requirements for this are listed at the end of the post. You enter Thailand on that visa. To do the extension of stay based on retirement you must arrange to have 800k in a Thai bank account for 60+ days before applying. So you transfer the 800k from your home country to your newly set up Thai bank account. Under the new rules this 800k must stay in your bank for 3 months post applying for the extension of stay based on retirement, and 400k must remain thereafter (so you could spend 400k and leave 400k there). But that 800k would need to be back there 60+ days before you renew the following year.
      Reply

      • Chris says

        The US Embassy has added a new wrinkle to the renewal system: The United States Department of the Treasury now offers direct deposit of federal benefit payments, including Social Security Administration (SSA), Department of Veterans Affairs (VA), and Office of Personnel Management (OPM), to banks in Thailand. The payments are automatically converted to Thai Baht (THB) at the international exchange rate before they are deposited in the account. U.S. dollar payments are not available. The United States Department of the Treasury does not charge fees to make the deposits. However, Thai banks may charge fees. It will be interesting to see how Immigration deals with this.
        Reply

  34. Betsy says

    Reading this it seems to imply that I can come and go as I please on a retirement visa. Is the retirement visa the best option for me if I wish to, let'ts say, spend seven months of the year in Canada and five in Thailand?
    Reply

    • TheThailandLife says

      You could come and come over the course of a year if you get the multiple re-entry permit. 5 months in a row? You could save yourself the hassle and just get a 6-month multiple entry tourist visa. That will give you 60 days straight. You could then leave and re-enter, and get another 60 days. That's 4 months. Then before the the second set of 60 days is up go to immigration and extend for 1,900 Baht for another 30 days. Voila. 5 months.
      Reply

    • James E says

      TTL's suggestion works well if you consider "leave and re-enter" and "go to immigration" to be saving yourself a hassle. I like the idea you suggest and have considered it myself but haven't needed to go that route yet. It has several key benefits: First, no visa/border runs. That will pay for the extra cost of the O-A visa right there. Second, by getting the O-A visa in Canada you bypass the needed 800K Baht in a Thai bank account and you can keep your funds at home. Third, the obnoxious medical certification can be obtained (at least the second time) in Thailand where they realize it's just a formality. Last, according to the Royal Thai Embassy in Canada: "The visa fee for the Non-Immigrant Visa "O-A" is CAD 250.00 (multiple entries)." I'd confirm this as there is conflicting information on the page but, if true, would allow you to come and go during your stay in Thailand. If you timed it right you could go to Thailand, stay five months, return to Canada, stay six months and three weeks, go back to Thailand and re-enter for another five months all on one visa. Then, when you get back to Canada, start the process all over again.
      Reply

  35. Philip Robinson says

    As a UK citizen at the present time i have to go down the route of putting 800000baht in aThai bank account to obtain my retirement extension visa. my question is are you able to put the 800000baht in a interest making account or are you compelled to put it in to a non interest type account. can you give some information on this
    Reply

    • James E says

      You just put it into a savings account. I'm not sure if it can be a time-deposit (like a CD) but that works if you get the O-A overseas. So maybe. Interest rate is pretty pitiful but on my BKK bank regular savings it's enough to pay the annual ATM card fee. (Not that I've got any kind of real money in the account, mind you...)
      Reply

  37. Lo says

    Can I use TransferWise to transfer my 800000 Baht into my Thai Bank Account? Because basically TransferWise system of transferring money is that the money never left the original country. Does the Thai immigration accept this as a form of money must be coming from a foreign country. Thanks
    Reply

    • Bubba says

      All of my transfers have been made via Transferwise. The amount that you transfer is aggregated along with other transfers to get the best exchange rate. Once the money is in Thailand it shows up as a deposit in my Bangkok Bank account. Immigration has never questioned the deposits as they appear in the Bangkok Bank passbook which I present along with the bank statement. Note, that as a US Citizen I also have to abide by US banking laws, so I make my transfers in 3 payments to avoid problems.
      Reply

    • Mike says

      Transferwise use Bangkok Bank (and 2 other, unknown, local banks) as their Thai intermediaries so if you have an account with them it should show as an FTT (foreign transfer transaction) on your passbook. BUT, if you use another bank that is not one of the select 3, it will be a domestic transfer from BKK Bank (or one of the other 2 ) and therefore will not satisfy Immigration's requirements.
      Reply

  38. TheThailandLife says

    FYI: Here's an update I received by email from an expat doing a retirement extension renewal in Chiang Mai:The way you lay it out may be the letter of the law but it is not how it is being enforced in Chiang Mai.They accepted twelve US bank statements confirming my income. For this year they just need to see a few International money transfers into a Thai bank that would either add up to 800,000/b yearly or be augmented with a bank account all totaling the called for amount.They seem to understand that we did not have time to prepare this year but expect to see all the transfers next year.My situation happens to be monthly but I don't think that really matters. International documented transfers to a Thai bank and/or money in the bank totaling 800,000/b is all that they are after.My impression was that as Consulate letters are nonexistent they are accepting that and just moving on.
    Reply

  39. Bryan Carpenter says

    I have the 800K baht in my account and it has been there for more than 3 months. However, I plan to dip into it immediately after my retirement visa is approved. This means that I will not comply with the requirement to keep 800k in the account for three months after the visa is issued. How will this affect me? Will it be checked (Bank statements) when I report after 90 days? How will thus requirement be enforced?
    Reply

      • Chris says

        One option is to have two accounts. Leave the one with 800K baht alone and use the other for year day to day expenses. Then when the waiting period is elapsed you can pull out what you need. If you need to physically present your bankbook every 90 days or get a bank letter, Immigration will be faced with a 900 pound gorilla.. Personally I expect the system will collapse on itself. Expect changes.
        Reply

        • TheThailandLife says

          An updated bank book is pretty easy for most to manage, to I suspect they will go with that. But yes, I expect changes soon enough because addressing the fraud by making the system more bulletproof stops the flow of black-market money, which means less tea money for everyone.
          Reply

          • Bubba says

            Not only that but it will be the demise of the 90 day online and mail reporting. The whole system is archaic. Repriprocity is the only way to go. If a Thai citizen gets a US visa it can be good for 10 years and allow multiple entries and it only costs a couple of hundred dollars. Thailand needs something like that..
            Reply

            • TheThailandLife says

              The difference is that it is very hard to get a visa for the US, whereas a Thai visa is easy to come by for most. So once you have that visa they need a system that ensures everyone is properly tracked - because the reality is that many undesirable, ill-intentioned people end up with visas. One alternative would be to make the requirements for a long-stay visa much stricter, and the initial checks much more thorough - like the US. This could be a 5 or 10 year visa, like you suggest. But then we have to be careful what we wish for, as we've seen with the most recent changes. Sure, it's annoying to have to report every 90 days and it could be made easier by simply checking in at a local police station instead, or having online reporting that actually works, but up until now, in general, it has kind of worked.
              Reply

  40. Stephanie says

    I’m currently on a non immigrant O-A visa from Australia. I will be residing in Thailand until the visa expires. Can I then go back to Australia and go through the process again and apply for another non immigrant O-A visa. Please note that I’m on the second year of this visa as I left the country and came back before the expiry date so got stamped in for another 12 months.
    Reply

    • James E says

      Yes this works. I'm not sure how the new currency requirements for in-country (Thailand) will affect the process, so check that out. I've always thought this was a viable method for people who travel home once a year or so to maintain their visa status without needing to park the cash in Thailand. It also, as you found out can effectively change a 1-year visa into 2 years. Again the rules may have changed in Oz so check that out first. (I'm going to check right now for the US...)
      Reply

    • James E says

      Just checked the Royal Thai Embassy in DC and one is still allowed to use US based funds for the deposit/income requirement for the O-A. The O-X requires the funds to be in Thai financial institutions. If it's not a big deal to get the criminal background check and the medical history (which I've often thought was best done in Thailand anyway...) then get the new visa at home.
      Reply

  41. Philip Robinson says

    I have a retirement visa which finishes in Dec 2019 due to the new rules where i would have to keep 800,000Baht in my account for 3months and 400,000Baht for the remaining time, i would like to change to showing i have a pension income of 65,000Baht a month, so if i arrange to have my UK pension paid into my Thai bank acc from May 2019 would i qualify for a retirement visa in Dec 2019 or would i need to have my pension going into my Thai bank acc for 12 months prior to Dec 2019.As a UK citizen do i qualify to obtain a Thai retirement visa using the 65,000Baht month income.The capital i have at present in my Thai acc is below 400,000Baht as i use this money for living costs in Thailand.I would appreciate your ideas on the best way i should go about getting an extension to my retirement visa
    Reply

  42. Brian hislop says

    With my800000on fixed deposit do I have to be married with papers for my thai wife to get access to this money when I pass. I can't have joint acc or for her to have signing authority .any advice thanks brian
    Reply

  43. GARRY L CORWIN says

    Does the retirement visa have any restrictions on travel? If I own a condo in Thailand, can I come and go as I please? Do I have to apply for a retirement visa very year? Please advise the best way to go on spending 2 months in Thailand and leave to return one month later and stay for 2 months. Thank you Garry
    Reply

  44. Joy says

    I have a follow up on Chris’ comment re medical insurance : if one is too old to buy a medical insurance, what options does one have if any? Can one show proof of funds to cover medical bills? Or is there another possibility? Can a retirement extension be denied on the basis of “no medical insurance”?
    Reply

    • TheThailandLife says

      There is no official requirement for medical insurance for the retirement extension, yet. The plan is to make it a requirement for those with the one-year Non-immigrant Visa "O-A" (Long Stay). They will be required to have a Thai insurance policy covering their entire stay in Thailand with a minimum 40,000 Baht out-patient coverage and minimum 400,000 Baht in-patient coverage.
      Reply

      • Chris says

        Be prepared to pay the high customs duties, have a detailed manifest of all of your items, and don't ship any valuables that you can not afford to lose.. I am 5'11 and have no trouble finding clothes to fit so you may want to reconsider what you ship.
        Reply

        • TheThailandLife says

          Indeed. It's best to buy stuff here and bring essentials over in luggage. Living here kind of forces you to live more minimally, at least it does when you're moving around year to year – which is a good thing in my opinion.
          Reply

          • Robert Booth says

            Hi, I recently decided to bring over my stuff from the UK. I have been on a retirement visa for some years. I sent 5 cartons by sea from UK when I sold my house. The customs duty was NIL. I think I was allowed to do this one time. There are a few restrictions: numbers of one type of item, no toys! Nothing seen as new! I did not even have my boxes opened and checked! It did enable me to bring those possessions I treasured and make Thailand feel more like home!
            Reply

  46. David Bushnell says

    Lots of talk here about requiring O-A annual extenders to have mandatory health coverage from a Thai insurance company (Nation newspaper Dec 2018 describing a Key conference which recommended approval for legislature to proceed). Why just O-A holders? Non-O will surely follow. Have you heard anything on this?
    Reply

    • James E says

      This is currently a requirement for the O-X visa. Other than trying to get a few more satang into the economy I think the concern is that the elderly (I count myself among them) won't have the means to pay for health care as the national plans, Medicare, NHS, etc., tend not to cover overseas costs. They don't want somebody to rack up big medical bills and then just depart the country leaving Bumrungrad holding the bag.
      Reply

      • CHRIS says

        The Thai medical system is good and relatively inexpensive. I have the same problem that many expats have, too old to buy insurance. The government can require you have insurance to have a visa..they now have to figure out how you can get it, waive the requirement, deny the visa or let it become a non-issue.. It's a simple as that and that is the way many countries handle the issue. I will wait and see..
        Reply

  47. Anees says

    First I would like to thank you for putting up great information on this site. I have a few questions.1- Will the Thai immigration accept a rental income from property in the US, if so, how can I prove it?2-Does the Thai immigration accept Supplemental Security Income from the US?3-If my spouse or I decide to apply for the retirement visa as a dependent of the other, then does the 800K route cover both spouses? Thanks.
    Reply

    • TheThailandLife says

      1. Have it paid unto a Thai bank account on a monthly basis. 2. They accept all income, but it must be proven, as above. 3. If the "other" is under 50, they can be the dependent and only 800k is needed for the one retiree, because only one person will be on the retirement visa.Hope this helps! Thanks
      Reply

  48. Michelle says

    I’m looking for clarification for the “retirement “ visa for a married couple. I understand if one person is 50 they qualify and a spouse younger than 50 can apply for a dependent visa. Can this continue once they reach 50 and then only one would require to prove the financial requirement? What if it is the woman who is the older of the 2?
    Reply

  49. John Brichacek says

    I have a question regarding joint accounts. My wife and I are 74 years old American citizens, and have been living in Thailand for the past 5 years with the non-immigrant O visa. We have renewed in past years using an income letter from our embassy. We currently have a joint bank account wth Siam Commercial Bank. If we have 1,600,000 THB in this account will this fulfill the requirements of the Thai Immigration for our separate visa renewals? Or do we each have to have a separate account - one account in my name and one in her name?
    Reply

    • TheThailandLife says

      Are you wanting to do a retirement extension? Immigration considers the funds in a joint account as 50/50%, so you could apply for your separate visas both using this account as long as there is 1.6m in there. That being said, I can't be 100% certain that all immigration offices will follow this rule. It might be best to check first with the office you plan on using.
      Reply

  50. JOHN PARKER says

    My question relates to the "married-to-thai". The amount of bank balance is 400,000b 60days before renew (then 90 days on further renews). Does the 400,000b then reduce by 50% (200,000b) like the 800,000b reduces to 400,000?THANKS
    Reply

  51. Peter says

    Hi i am due to renew my retirement visa in September and have a thai account able to reansfer etc but i would prefer to keep it in the uk and just transfer what i need SO would the accept a translated letter of proof of pension ..from a general translator ...and a copy of my uk. Statements ??? Or does it have to be from the minstry of foreing affairs translater in BangkokIf not i will move the 65000 each month reluctantly ...until the rate goes up !!! Lol Thanks
    Reply

    • TheThailandLife says

      Hi Peter, please read the new rules regarding pension/income letters that relate to UK and US citizens. The embassy is no longer issuing letters and that was the only source immigration accepted a letter from, so you may have to go the 800k in a Thai bank route.
      Reply

    • Dave in Udon says

      Peter, I stopped in at Udon Immigrations to ask about the 65k each month. You must transfer it every month without fail. Cannot skip a month and double up the next. Must be a bank-to-bank transfer, cannot make the 65k deposit yourself. Cannot transfer in excess of 12 x 65k annually hoping to skip a month or two. Big Boss confirmed this. Of course, he said, you could always make it easier by going the 800k route. Seems they are really pushing this, I suspect, to help the banks and the country.Evidently they want an end to guys keeping all money back home and getting by here with an ATM card.Oh yes, the verifying bank letter must be signed by bank manager on the same day as visa extension.They have heard nothing about requiring hospital insurance for retirement visa extensions...Hope this helps?..
      Reply

      • TheThailandLife says

        Thanks for the update Dave. The fact that the bank letter has to signed the same day is ridiculous, because you'd have to make an appointment with the bank manager (which they may let you down on) or hope the manager is available that morning. As you note, they are really pushing this and squeezing everyone onto the 800k requirement. I wonder how many retirees there are in Thailand; I can never find a figure for that. 800k x all the retirees is a nice cash boost for the banks and reflects well on the economy.
        Reply

      • James E says

        I may be more favoring the social engineering aspect of this requirement. The problem with being a "cheap place to retire" is that it attracts a segment of society (of which I am a member) which doesn't have much in the way of disposable income. Toughen up the 800,000KB and 65KB requirements or add some visas like the OA-X and Elite to make life easier and all of a sudden the demographics shift to a group of people who have more money to drop into the local economy as they spend their days away along Sukhumwit Road.They're not interested in the 800KB (which is chump change to an economy even if there are a million retirees) tied up in a bank, they're interested in the 1-2MB that will be spent into the economy which, through the Miracle of Modern Monetary Theory, turns into much more than that.Plus it clears out the riff-raff... :)
        Reply

        • TheThailandLife says

          Yes, it does seem like they are pushing for the "quality retiree" so to speak. And I guess they are working on the assumption that like attracts like. But how long before 800k becomes 1MB and the goal posts are shifted further?
          Reply

          • James E says

            I think that will depend a lot on what happens in the Big Country to the North. When ex-pat retirement becomes a thing for the Chinese worker Thailand may be an enticing destination. But if Thailand can keep the buy-in cost low enough to still be attractive to your "quality retiree" but high enough to keep out 200,000,000 of my "riff-raff" then they might find that bargain attractive enough to exclude some of the western retirement dollars/pounds/euros that will be priced out of the market.
            Reply

            • CHris says

              What seems to be overlooked is the fact is that it is costly to transfer money every month, more so than transferring the money 3 or 4 times in a lump sum. As a US citizen, if I transfer more than $10,000 at once, alarm bells start in Washington and I want nothing to do with the Feds. Another issue that seems to be forgotten is that if you transfer 65,000 every month and then spend 30,000 every month, at the end when you apply for your extension, you have a 360,000 baht deficit. Add that to the 800,000 balance and you had better be prepared to transfer over a million baht every year!
              Reply

  53. Vlad says

    It would indeed be interesting to know how immigration wants to control the new rules regarding the 800,000 baht rule. if the control is only checked when applying for extension, the rule does not make much sense, because there are sure to be visa agencies that fake a bankbook for a high price. As I understand it, this new rule should also serve to eliminate these visa agencies. According to this, the updated banking book together with the passport would have to be checked at the 90-day report. Then they would have the hundred percent control. Well, we will see... But there will be kinda exodus of farangs. If I consider a couple of experiences with some "not enough money" expats it might be not bad at all. It might even increase the reputation of the rest.
    Reply

    • TheThailandLife says

      Hey Vlad, I assume that previously agencies have arranged for the money to be in the bank 60 days beforehand and then taken the money out as soon as the extension has been done. But now the money has to be there for 3 months after, and then 400k has to be there at all times. This is hugely problematic for the agencies doing the fraud.
      Reply

      • Vlad says

        That's exactly what I say..... And I'm not even sure that they arranged for the money to be in the bank 60 days before. A guy I know goes one time to the agency, just approx. 2 weeks before the visa expires. He also does not contact them before... and after 3 days he can collect his passport. But when I am sitting at the immgration at the "retirement counter" I witness very often younger ladies or boys with a bundle of passports, papers and a bigger bundle of cash. No words, the whole thing is just handed over and dissapears.... Guess under the new boss these days are over too..... No Tips... smile....
        Reply

    • TheThailandLife says

      I don't know the answer to that. I only know that you do still need the bank letter for the initial extension and to prove the 800k has been in the bank for 60 days. I would have thought an up to date bank book would suffice to show that the requirement of 800k for a further 3 months and 400k thereafter would suffice. As always, these rule changes are rolled out without considering the full picture. As such, patchwork will no doubt emerge to fix oversights.
      Reply

  55. Bill says

    Hi, thanks for your informative and well-written blog. One question about the retirement visa process. After entering Thailand on the non-immigrant O visa, must I remain in Thailand for the full 60 days before filing a retirement visa application or can I get a re-entry permit and leave the country for, say, a week or two during that period? The reason I ask is that being stuck in Thailand for the full 60-plus days until I get the one-year retirement visa is going to be quite difficult for me given various personal commitments I need to fulfil. Thanks.
    Reply

  56. Thomas says

    Question on your comments on obtaining a “Rentry Permit” on. Retirement Visa. I am living in Thailand on a Retirement OA Visa. With Multiple Entries. I will be leaving Thailand for 3 weeks in March. I was led to believe that I did not need to obtain the Reentry Permit as I have a “Multiple Entry Retirement OA Visa. Was this incorrect information? I will still need a Reentry Permit? Appreciate your feedback.
    Reply

        • Gary says

          I Thought I had some clarity on the O-A Visa process until I read the entry from Chris and the reply from Thailandlife. I obtained my O-A visa on 22nd January and the final 2 paragraphs on the stamp include " To keep your stay permit re-entry permit must be made before leaving Thailand" To me that means if you want to leave and return you ned a re-entry permit . As I only saw one option when applying for the Retirement Visa how do I obtain a multi entry Retirement visa and remove the need for a re-entry permit which I collected last week so I can leave Thailand next month and return with my year Visa still valid ? Have I missed something on the visa or are people talking about the 3900Baht multi-entry permits and not the 1900Baht O-A Retirement Visa it's self ? Can someone please clarify for me
          Reply

            • gary says

              Ok got it now. The retirement extension of stay has nothing to do with the number of times you can exit/enter . If I understand correctly its all down to what entry visa you obtained initially. In my case I just obtained a single entry visa then obtained the Retirement extension here in Thailand but other readers obtained their multi entry Visas outside Thailand and can now use them with the Retirement extension and get around the need to purchase a re-entry permit. It's one of those things I wish I had read more about and understood the significant differences in the two entry visa's when applying in the UK . Thanks for clarifying it for me
              Reply

              • TheThailandLife says

                It shouldn't matter if they had a multiple entry Non-O before the extension. If you have an extension of stay but would like to travel outside Thailand for a short period then you will need to apply for a re-entry permit. You can get a multiple re-entry for 3,800 Baht so that you can travel in and out more than once.
                Reply

  57. Fred Prager says

    You need to update your article as the US Embassy, and other local Embassies, have all discontinued the notarized income/residency letter. The other question might be, Can the 800,000 baht be drawn down for living expenses or does one have to have additional income for that purpose?
    Reply

    • TheThailandLife says

      Hi Fred, I updated my article recently to reflect this change by the uUK embassy, but the US embassy were yet to confirm this change and were still giving out income letters as of the end of January.You must have ฿800,000 in a Thai bank account for 60 days+ before applying for the retirement extension. You then need ฿800,000 to remain in the account for 3 months after the extension, and ฿400,000 thereafter. So ฿400,000 can be drawn out of the account after 3 months.
      Reply

      • CHRIS says

        I'm afraid I can't agree with you. I attempted to do an income affidavit at tye US Embassy and was told emphatically that the affidavit was no longer being issued. I also spent a day this week at District 1 Immigration getting a clarification on the new police policy. Your statement is correct to an extent but with a caveat. Every year, at time of renewal, you must bring your account balance back up to 800,000 baht 60 days prior to renewing your visa. Be sure and watch the timing as you have to have tye whole 800,000 baht in your account by that date.
        Reply

        • TheThailandLife says

          Hi Chris, I wasn't disagreeing with you, I just hadn't had confirmation yet on the US embassy; only the British embassy. I will update the post to reflect this change.Indeed, you will need the 800k there 90 days (3 months) days prior to renewal.
          Reply

          • CHRIS says

            Your recent update mentions transferring 65,000 baht per month as the requirement to meet the O-A visa requirement. At Immigration I was told that is just the amount you need to show to have available for expenses each month. You can transfer any amounts to meet the requirement as long as you have 800,000 baht 2 months prior to renewal. For example if your visa expires in June, you could transfer 300,000 three times by March and meet the requirement. I use Transferwise to transfer money and the larger the transfer, the better the discount on the handling fee. I usually transfer $9,500 three times a year to save on the fees. My Thai bank is Bangkok Bank and their office in the District 1 Immigration readily prepares the deposit letter needed for a visa renewal. Also their online banking allows salary transfers back to your home country. If there is a Thai bank that allows online transfers to your home country I'd appreciate knowing it! I hate sitting at the queue here.
            Reply

            • TheThailandLife says

              Hi Chris, there are two routes available for the visa, one is the income route and the other is the 800k route. You don't need to do both. In your case you would need ฿800,000 in a Thai bank account for 60 days+ before applying for the extension based on retirement. According to the new rule, you will also need ฿800,000 for 3 months after doing the extension, and ฿400,000 thereafter. For consecutive visas (so the second and third year) the ฿800,000 has to be in the bank 3 months before you apply for the visa.To use the income route, without a letter from your embassy confirming your income, the suggestion from the UK and US embassies is that you will need to show a bank statement (of 12 months) from your Thai bank account with the 65k being paid in each month. I am closely monitoring the new rules to see if there is any backtracking of new interpretations of what has been stated. I will update my post accordingly.
              Reply

                  • CHRIS says

                    I changed my address due to medical reasons which required a handwritten explanation as to why I was not renewing my visa in the same District office. I had to handwrite an explanation agreeing to deposit 65,000 baht each month. I had to sign and acknowledge an over stay form. I had to get the house owner to sign and handwrite an additional document along with their identity card as the immigration officer wanted this in addition to the 90 day reporting as well as the TM 30 to validate my address. They wanted to see one year of monthly deposits but as a US citizen I was relying on the income affidavit that the embassy no longer does. And Bangkok Bank takes three days, not including mail to produce a copy of a twelve month bank statement which exceeds Immigration's three day time limit for a statement. That was an issue. The officers did not have a checklist of what they wanted so every day that I showed up the officers decided to ask for a new piece of documentation. They were nice enough but the whole process was extremely unnerving and left me questioning if it was worth it.
                    Reply

  58. Peter Hlywa says

    Hi Peter, medication is my question, as you are ware many retiree's or pensioners take regular medication...Is this a problem in Thailand and are the medication costs expensive. In Australia you can buy thru a PBS scheme at a discount price but guessing nothing similar is available in Thailand....Peter
    Reply

    • TheThailandLife says

      There is no such scheme for expats here. Many people bring in more than the 30-day's worth because the 30-day rule is not strictly enforced as long as quantities look small enough to be consistent with personal use and it is not a controlled substance. 2-3 months use might be okay but any medication that looks like a very large quantity would raise issues if checked. You can get all your medication here, though while generics are cheap the proper brands can be more expensive than your home country.
      Reply

    • James E says

      Look into Expat Prescription Drug Insurance through a private insurer. I'm not sure what the rates would be specifically but if you're needing a non-generic medication it might save you a few.Also, do a search on whether your meds are available OTC in Thailand. I know some of the things I get when I'm in Thailand (I keep an emergency supply of antibiotics on hand at home) are available without a prescription in Thailand. The last thing to consider, while technically not allowed, is that pharmacists in Thailand seem to have more, ahem, latitude in deciding where the counter is. If you can bring an empty, recent prescription bottle which was accidentally "dropped in the toilet" it might be easily refilled.The last suggestion would be to visit a pharmacy out in the 'hood instead of in a mall. You'll find better prices and the same availability.
      Reply

    • CHRIS says

      The answer is "maybe".. it depends upon your current visa. A caveat is the Thai government immigration main website is displayed in the Thai language and the English language. The information cited in the Thai language is not always fully translated word for word into English. To top it off, each immigration district website does not display the same information. You may find that obtaining a visa at a location other than at Lak Si, District 1 far easier.
      Reply

  61. Chris says

    I am a US citizen and in 2017 received an OA visa from the Thai consulate in Los Angeles. In 2018 I renewed my visa using a combination of a Thai bank deposit and an income verification affidavit from the US embassy. It is time to renew my visa and the US embassy has ceased issuing income verification affidavits. I receive over 800,000 baht per year from Social Security and investments. But I do not have the money to deposit 800,000 baht in a Thai bank account as my money is all invested. What do I do? Leave the country appears to be the only answer. Any suggestions?
    Reply

    • James E says

      Hi Chris,Places to start: the international SSA office for Thailand which is located in Manila. Contact info: https://www.ssa.gov/foreign/foreign.htm#Tahiti (The #Tahiti just takes you to the first entry under T.) They may be able to provide a more official looking letter than you can get off your My SSA online account.You can get a certified copy of your most recent IRS 1040 by requesting same with an IRS Form 4506.Your bank/investment house should be able to provide you with a letter that states income you received from the SSA and investments as well.Good luck and I hope you report back how it goes.
      Reply

      • CHRIS says

        FBU in Manila does not respond to any current requests for assistance. They may be backlogged due to the recent shutdown. The registered mail I sent to them is being held at Customs in Manila for over two weeks now. My bank does not provide a letter. I've compiled the following to take to Immigration this month.. Passport photos, Passport, Thai Bank statement, Medical certificate, US Checking statements, US Credit Card statements, SSA Earnings statement, UNICEF Thailand statement, Net Worth Statement, 90 day extension form, 90 day reporting form. Iwill keep yo updated.
        Reply

  62. David says

    Hi, I have a question for you in regards to visa and length of stay in the Kingdom of Thailand? I have a O-A retirement multi-entry visa valid until 12/12/2019 and notice that everytime I leave Thailand and come back they increase the length of my stay? I’m thinking deviously here, but looking forward if I were to travel in November 2019 and return before my visa expiry date of 12/12/2019 they would extend my right to stay for an extra year or just the 90 days reporting period. Your thoughts appreciated. Dave
    Reply

    • TheThailandLife says

      Hi David,This is the advantage of the O-A.The Non Imm O-A Visa allows multiple entries of 1-year until the 'enter before' date.If you go out and back into Thailand before your 'enter before' date, you will be given permission to stay for another year.If you plan to leave Thailand during the second year of your permission to stay you need to purchase a re-entry permit to keep the validity of your permission to stay valid.You can apply for a 1-year extension of stay based on retirement within the last 30 days of your permission to stay,At this point, you will need to show funds or income, as detailed in the post above, to get the extension.
      Reply

  63. James E says

    The question I have is which O-visa does one apply for? The O-A has all the requirements you list for getting the extension (plus the medical and criminal checks) along with the full-year validity, and (at least at the Royal Thai Embassy in the US) the Family or Volunteering O's are the only other options (other than the O-X). Is there a special O that gets you in and then allows the retirement extension? Thanks!
    Reply

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