Choosing Between DTV and Retirement Visa

[Issa Compass]

Choosing Between DTV and Retirement Visa: 3 Key Considerations
 

Many of our community members have asked about deciding between Thailand's DTV and Retirement Visa options, so we've put together a brief YouTube video with 3 important points to consider when making this decision.

#1 Your current work status

Are you over 50 but still actively working (your own business or foreign company), or are you fully retired?

 

#2 Ongoing compliance requirements
Each visa has different compliance requirements for renewals, stay permits, and validity periods.

#3 Practical considerations
Tasks like opening bank accounts or getting a driver's license may be easier with one visa type.

The video explores each of these considerations to help guide your decision-making process. 🇹🇭🙏

 

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Important note: Every individual's circumstances could be different. The right visa choice depends on your specific situation and long-term plans for Thailand. 

 

If you have any questions, please feel free to share them below and our legal team will get back to you.

 

PS - we took your previous feedback of preferring YouTube videos over TikTok, so we hope this channel works better for you this time ❤️

 

 

 

[Fairynuff]

Whilst the DTV seems like a great option on the surface there seem to be issues that can cause difficulties. The bank account is one but doesn’t affect me right now as I already have accounts, but what if the bank decides to close it based on visa status? Next year I want to change my car, it seems I might not be allowed to buy a new car on a DTV. My pink card expires next year, might I face difficulty on a DTV?

[DrJack54]

1 hour ago, Fairynuff said:

Whilst the DTV seems like a great option on the surface there seem to be issues that can cause difficulties. The bank account is one but doesn’t affect me right now as I already have accounts, but what if the bank decides to close it based on visa status? Next year I want to change my car, it seems I might not be allowed to buy a new car on a DTV. My pink card expires next year, might I face difficulty on a DTV?

You raise some valid points. 

Previously folk had bank accounts that were opened with tourist status. 

Add to that folk that previously had extensions from a Non O and since have opted for other options. 

Esp with Visa exempt currently 60 days. 

Annual extensions might not be best fit for some. Example snow birds. 

Banking is a real issue. 

The limit of TDL to two years instead of 5 is not nice but possible. 

At current time you could consider obtaining a Non O + 12 month extension. 

After a year banking issues might be clear. 

Perhaps by then  DTV no longer issued. 

[NoDisplayName]

18 hours ago, Issa Compass said:

PS - we took your previous feedback of preferring YouTube videos over TikTok, so we hope this channel works better for you this time ❤️

 

It's just a 2-minute video, so I'd recommend a complete edit.  It's more than just the channel, it's the presentation.

 

Remove the bland copyright-free music.  It's too loud and distracting.

 

Remove the ***** sound effects.  This isn't a Thai soap opera, it's allegedly serious stuff.  Don't need whooshie sounds and dings and cash register ka-chings.

 

Remove the stock video old folks in a field and cell phone app captures.  We're older folks!  You can show someone in an office at a desk for two minutes.  Our attention span is greater than 12 seconds.

 

Make it a serious video for a serious topic.  Honest reaction.....if I'm looking for a law firm or agent to help with my visa choice, this ain't professional.  

[Lorry]

35 minutes ago, NoDisplayName said:

 

It's just a 2-minute video, so I'd recommend a complete edit.  It's more than just the channel, it's the presentation.

 

Remove the bland copyright-free music.  It's too loud and distracting.

 

Remove the ***** sound effects.  This isn't a Thai soap opera, it's allegedly serious stuff.  Don't need whooshie sounds and dings and cash register ka-chings.

 

Remove the stock video old folks in a field and cell phone app captures.  We're older folks!  You can show someone in an office at a desk for two minutes.  Our attention span is greater than 12 seconds.

 

Make it a serious video for a serious topic.  Honest reaction.....if I'm looking for a law firm or agent to help with my visa choice, this ain't professional

 

Agreed, but this concerns only the way of presentation, it seems to be from tiktok.

 

It repeats mostly the visa requirements everybody knows by now. Yes, bank account and DL, these are problems.

 

When they introduced the DTV  it sounded very appealing to me.

I didn't change to it, mostly because the retirement extension is a proven and tested way of staying here. DTV is new and untested.

 

De facto with DTV, there now is

- the bank account shït

- the DL shït

- some reports of problems re-entering

- reports that, even after years (?), you have to again submit the documents and fulfill the requirements that you needed to apply for the visa