QUALIFICATIONS & CRITERIA

Retire In Thailand

Retiring in Thailand is an attractive option for many people from around the world, due to the charm of its culture, affordable cost of living, and warm climate. The retirement visa is one of the options that foreigners choose to enjoy a high-quality life in Thailand in their later years. But what are the necessary qualifications for applying for this type of visa? Let’s take a look.

Qualifications and Criteria for Consideration

  • The applicant must be a foreign national aged 50 years or older.
  • Must have a 90-day Non-Immigrant Visa O (Non-Settlement Visitor Visa) and have previously stayed in Thailand for 60 days.
  • For Non-O and Non-O-A visas, applicants must provide evidence of a monthly income or pension of not less than 65,000 THB for the past 12 months, or have a bank deposit totaling not less than 800,000 THB in the last 3 months.
  • For Non-O-X visas, applicants must provide evidence of a monthly income or pension of not less than 100,000 THB for the past 12 months, or have a bank deposit totaling not less than 3,000,000 THB in the last 3 months.
  • Applicants must present financial evidence from a financial institution in Thailand, such as a copy of a bank book or bank statement.
  • Foreign nationals must have health insurance coverage throughout their stay in Thailand.
  • Retirement visa holders are not allowed to engage in any occupation within the Kingdom of Thailand.

Documents Required for Retirement Visa Application

  • Form TM. 86 for foreigners with a tourist visa or transit visa to change the type of visa stamp, or Form TM. 87 for foreigners without a visa but permitted to stay in the Kingdom under types O, 30, and 90.
  • Copy of passport including the personal data page, entry stamp, permission to stay stamp (if any), and departure card (TM.6).
  • One photograph, size 4x6 cm or 2 inches.
  • Application fee of 2,000 THB.
  • Financial documents, all of which must be in the name of the applicant, dated and updated to the current date of application.
  • A certificate from an embassy or consulate to show that the applicant has an income or pension of at least 65,000 THB per month, along with supporting evidence.
  • Financial evidence as per item 5 and income as per item 6 totaling not less than 800,000 THB over a period of 1 year.
  • Documents proving residence in Thailand, such as a rental contract, house registration, map, and payment receipts for the last 3 months.

Post-Visa Issuance Procedures

  • The applicant can apply for visa renewal at least 21 days before the current visa expires.
  • Visa holders with a validity of 1 year or more must report to the immigration office in their area of residence every 90 days.
  • Reporting can be done 14 days in advance or delayed up to 7 days from the due date.
  • In case of late reporting over 90 days, the individual must report in person and pay a fine of 2,000 THB. If arrested, the fine is 4,000 THB.
  • Upon returning from abroad, the 90-day period restarts from the first day of entry into the country.
  • For Single Entry visas, if one needs to travel abroad and wishes to re-enter, a Re-Entry permit must be applied for before leaving at the nearest immigration office or airport.

Benefits of Processing Visa with Thaivisaretirement

Free Consultation

We offer free visa consultation services. Customers can contact us through various channels.

Additional Services

We provide a range of additional services to ensure a smooth visa or work permit application process.

After-Sales Service

We take care of our customers even after the visa process is complete, offering basic troubleshooting, renewal reminders, and assistance with emergency visa issues.

Special Services

We offer professional services for limited companies, universities, and schools to ensure smooth business