Retirement in Thailand

Retirement in Thailand

Obtaining a Retirement Visa for Thailand requires that certain conditions are met. We will provide you with the basics however you need to speak to our immigration attorneys on staff for more details. In order to obtain an “O-A” Visa or retirement visa, you need to be older than 50 years at the date of application for the retirement visa.

Many have been turned down thinking that a few days before their 50th birthday would be acceptable however these applications have been turned down in the past. Thai Immigration has become very strict with regards to the age requirement. Even a day or two short will get the application turned down. The financial requirements for the retirement visa are that you have at least 800,000 Baht in a Thai bank account or have an income of at least 65,000 Baht per month.

Thai immigration does however allow a combination of the two. If you have a pension your embassy has to provide a letter stating the income you receive from your pension as Immigration will only accept the letter as proof of income from a pension. Contact any of our immigration lawyers with regards to calculating what amounts in combination would be acceptable to immigration to extend your visa. The retirement visa starts off with a 90-day visa which allows you into Thailand. Once you have all your documents ensure that at least a month before the expiration of your visa that application is made. This 90-day visa is then extended to a full 1 year and can be renewed before it expires the following year.

To sum up the most common reason for a denied retirement visa:

  • You can’t meet the financial requirements
  • You have a DUI in your home country;
  • You have a transmittable illness such as late-stage syphilis;
  • You are not 50 or over the age of 50 at application date.

Speak to any of our attorneys either online on live chat, via our toll-free US and UK telephone numbers or drop us an email and we will do our best to answer your questions.

 

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