Thai Retirement visa
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a. 800k baht in bank for 2 months prior application
or
b. have pension of 65,000 baht monthly
2. you need to get a the initial visa in your home country, this gives you 3 months
   - come find a residence (room, condo) you need to show a housing lease, open a bank account.
3. get a statutory declaration from your embassy that you have a pension of >65,000bht per month,
   just get a stat dec, for Aust you hand write it at the embassy and they stamp it. Too easy.
4. copy of your passport and visa pages
5. fill out application form including passport pics
Travel the the middle of nowhere (Luksi, Gov complex, taxi from Mochit BTS) to get your visa, takes 4 hours GO EARLY, dont forget you also need a re-entry permit.
do it legally as if you get caught you're blacklisted
things are tightening up now and there is a 3 page questionnaire that you must fill out. It includes a lot of personal data.
looks like the agent is advertising on the blog as well
tisitdave: you could possibly EXIST on that but most wouldn't class it as living. You would have to like eating lots of rice, noodles, other street food and not be partial to beer & female company. A lot of people forget to factor in the cost of visas fees, health & accident insurance, trips back home, motorbike or car, etc. etc. The Thai gov. at 65,000bht have it about right.
Tallpoppy I think you are right that the age is technically 55, however they allow it from 50.
terenceyeo: c. A combination of the 2.
I am very interested in finding out how to get around the 800 000 baht in a bank account
looking forward to your input
Tim Elliott wrote:Hi
I am very interested in finding out how to get around the 800 000 baht in a bank account
looking forward to your input
Be able to show a regular income of at least the equivalent of 65,000 bht a month. As far as I'm aware this can be from pensions, investments, property rental, etc. so long as it appears to be a sustainable and regular income generated outside Thailand.
Lancashire Lad wrote:Tallpoppy I think you are right that the age is technically 55, however they allow it from 50.
terenceyeo: c. A combination of the 2.
The current age requirement for extension of stay for purpose of retirement is set at 50 in current Immigration Act.
I know the contact in Bangkok it a visa agent. Maybe you look for agents in Chiang Mai
Edit: more about that in this thread above.
Before I go there is something of a resource on line. It's a website called retirecheap.asia. I guy named JC runs the site. He's been doing so since about 2012. Membership might be $20 or $30 a month. If you want only one month then you have to go to a tab and to some effect click on non-recurring. In the archives there is extensive discussion about Thai retirement visas. Since there is so much there, there is enough information to answer many of your questions.
The bank account and income are somewhat separate issues. Immigration is looking at if you can afford to live in Thailand. You can use either the bank account or the equivalent of a monthly income. You could also apply with a combination of the two as long as it comes up to the 800,000 baht a month income. You could have the bank account and simply not use the money. When you reapply for the retirement visa they would require the same balance at the time of the new visa. When I applied I applied in the states. They accepted my stateside accounts as satisfying the condition. That also means that you are not required to have the money in a Thai bank, just prove that you have the assets to satisfy their conditions. I personally do not have any Thai bank accounts. I use a debit card from one of my accounts and deal in cash. Also, I go to a bank with my original passport to make (generally) a monthly withdrawal. I believe the ATM's have a limit of 15,000 per transaction, possibly per day. I am told that it is advisable to have a few thousand dollars (US or Australian) in a bank account for any sudden emergencies, such as medical incidents. I have my ATM and do not keep cash in Thailand. Personally I just want to keep things simple.
I hope this helps. It can get confusing. In Chiang Mai I use a service Assist Thai Visa. I pay them 1,000 baht per year. They take care of the visa runs and consult on any additional needs.
Enjoy,
Bill
You could do it the way you say but there are many other ways also. You could start it from your country of origin. Depending upon your country of origin, your passport is your visa for the first 90 days. Also, you do not have to have the money physically in Thailand, but must show some documentation to satisfy immigrations. Your own statements or a consulate certification could satisfy that condition, even prior to arriving in Thailand. Once you get past the first retirement visa your learning curve should have peaked and things will fit into place.
Bill
On e correction here; if you apply for a retirement visa from your country the Thai consulate would accept copies of your financial statements. If you are in Thailand then you would use you country consulate to satisfy immigration.
What equivalent would you need to have monthly?
Just to know....
Access to the members only section at JC's Retirecheap.Asia is $10 a month. Least it was when I signed up nearly 3 years ago (& I'm still there but never have time to visit). I do though attend the weekly member meetings in Chiang Mai when I'm in town. Lots & lots of good visa information at the Thaivisa.com forums for free.
Cuban you need 65,000bht a month OR 800,000 in the bank OR any combination of the 2. i.e If you had a monthly income equating to 400,000 a year, then you would need 400,000 in the bank.
Is your GF also 50+ ? As far as I am aware she too would need the same income/finance, but I'm not knowledgeable on this.
Intruigingly, if you are married to a Thai, you only half as much.
In terms of a girl friend I have not heard nor know anything about girl friend situations. It could be that she has to apply under her own passport. Then again I really don't know.
Bill Kip
Thank you Lancaster, apparently I had inputted too much inflation with JC's price. I once was a RIPER. However, I could not buy into the category 1, nor could I participate in some of the angst.
suerte007 wrote:Anyway I am sick of Thailand even after you get visa show up your face every 90 days. Country like Cambodia you pay US300 a year and show nothing that include work permit
You have a 22 day window to aid your convenience, however showing up is voluntary. The report can be made by post or online.
Thanks for your answer.
I found an agent in Chiang Mai and things are underway
Thanks for checking in
Michael
Everyone wants easy stream line in life.
The easiest way to obtain 1 Year Retirement Visa.
1. Must have or previously had a 90 Day Visa
2. Must show proof of 65,000 Baht income per month / Income Verfication Form , This is the easiest process If you choose you may use monthly income and Thai Bank Accout that equals 65,000 Baht per month or one lump sum of 800,000 Baht.
The monies in a Thai Bank must be in there 90 days to utilize this as monies you can include. 3. Need to be 50 Years of age or older.
4. Your Passport must at least be 18 months or greater to be able to utilize for the process if it’s valid less than 18 months , Renew it.
5. Passport Photo
Your done !!! That easy !!!
After you get your 1 year Visa you have to check in with Immigration every 90 days up to one year , Then process starts all over again.
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