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The three methods of meeting thr funds requirement for a retirement visa


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whistling.gif First there is no such thing really as a retirement "visa", although many people call the retirement extension you can get in Thailand a "retirement visa.

If you use the term retirement visa to most Thai consulate or embassies they will probably think you mean a O-A visa which is what they call a retirement visa.

The O-A visa is different from a NON O visa which is what many people use to come to Thailand. and may be used for the purpose of applying for a yearly extension once here in Thailand on your original visa from a Thai consulate or embassy outside of Thailand.

Getting the annual extension for retirement in Thailand has a financial funds requirement you must meet to qualify for the annual extension.

These are:

  • Having a Thai bank account in your name with the amount of at least 800 thousand Thai Baht in the account OR
  • Being able to prove (verify) the sum of at least 65,000 Baht monthly. This may be verified by a letter or form from your National embassy in Thailand OR
  • The combination of the two sources above that prove a annual income of at least 800K Baht yearly. For example if you can show a monthly income equal to 600K annually and have a Thai bank account of 200K Baht or more you can qualify by this combination method.

These three methods are legal, but you should check with your immigration first to be sure that your local immigration will accept the combination method as different immigration offices may interpret the rules differently.

The combination method can be used for a retirement extension, but usually the combination method will NOT be accepted to meet the financial requirements for a marriage extension/visa.

Don't ask me why, it's just the rules, and the rules are not always logical or consistent..

This is Thailand.

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