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Posted

My first post here so please be kind. My partner and I have been in a De Facto relationship for 8 years and we have now both now moved into the 6th decade of our lives. We have been frequent visitors to Thailand for many years now and we have made the decision to retire to Koh Samui from around April/May next year. 

 

I understand that there are a number of financial requirements to be met, I get that! What I do not understand is that do we need to meet those financial requirements independently of each other or as a couple do we only need to meet them at the amounts required, ie 800,000 bhat in a Thai Bank and evidence of the minimum monthly income required. 

Posted

Unless you are legally married you both will need to have 800k baht in a Thai bank or proof of 65 baht income or a combination of the 2 totaling 800k baht to apply for an extension of stay based upon retirement.

If you were married the one not getting the extension of stay based upon retirement could get one based upon the others with no financial proof.

Posted

Many thanks for your quick response, so just for clarity if we were legally married we just need to meet the 800k/65k baht requirement but if we stay as we are we essentially need to achieve 1.6m/130k baht?

Posted
2 minutes ago, Pete1957 said:

Many thanks for your quick response, so just for clarity if we were legally married we just need to meet the 800k/65k baht requirement but if we stay as we are we essentially need to achieve 1.6m/130k baht?

Yes 

Posted

It is either 800K in the bank, OR 65K income, OR a combination of cash in bank & income totalling 800K. You don’t have to prove both.

Posted
10 hours ago, elviajero said:

It is either 800K in the bank, OR 65K income, OR a combination of cash in bank & income totalling 800K. You don’t have to prove both.

thank you for that clarification, I was mainly concerned that whilst we are a long term couple if we remain unmarried we will both have to achieve the bank/income requirements individually rather than as a couple.

 

 

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