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Retirement Visa


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I'm American, 56, lived and taught English for hand to mouth wages in Bangkok for 10 years. Now with an inheritance, I would like to get the retirement visa.

A couple of questions:

Is retirement visa the same as long-stay visa?

The form I picked up from Immigration in Bkk. was a bit confusing. I'm not sure if they require 800,000 baht in a Thai bank AND income of 65,000 baht per month, OR only one of the above. I sure hope it's not both.

Does the bank have to be Thai owned, or can I deposit money in a foreign-owned bank with a branch in Thailand?

Thanks for any tips about this process.

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800000 Baht in a Thai Bank OR 65000 Baht monthly income(from abroad),for a 1 year retirement Visa.Hope they don't change next year,but I'm not confident!

or a combination of bankings and income. Do it now, because it is likely that the present figure will be grandfathered ( ie. remain the same ) from July next year. Indications are that for new applicants, the amount will double.

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When you go to Suan Plu, make sure the letter confirming your funds from the Thai bank is dated the same day as your application. Don't ask me why...... :o

The letter from the bank was always required to be current within 7 days before application or renewal, but things could have changed.

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