A Thai retirement visa is available for foreign nationals over 50 years of age who wish to retire in Thailand. This visa can be applied for in Thailand or while overseas, at a Royal Thai Embassy or Royal Thai Consulate.
A Thai retirement visa will allow you to stay in Thailand for a period of 1 year (12 months), and it can be renewed annually. There are no limitations on the amount of times you can renew a Thai retirement visa as long as you continue to meet all the visa requirements.
Qualifications of an applicant who wants to obtain a Thailand Retirement Visa.
- A foreign national whose age is over 50 years or above
- Must be able to present the financial evidence at least one of the following:
- Have at least 800,000 Thai baht in a Thai Bank account which is in your name. This money must have been cleared in the account at least 3 months prior to making your application.
- Or, have a monthly income or pension of at least 65,000 Thai baht.
- Or, have an annual income, pension, and money in a Thai bank, which come to a combined total of at least 800,000 Thai Baht.
(To prove that you have sufficient funds in a Thai bank account you must provide the following documentation:
- In case of Security deposit, an updated passbook/bank book which is in your name and from a recognized Thai bank. A letter from the bank clearly stating that at least 800,000 baht was deposited in your account from an overseas source, and has been cleared at least 3 months prior to the date of your retirement visa application.
- In case of Income, provide a 12-month bank statement showing a regular monthly deposit of 65,000 Thai Baht into a Thai bank account and a certified bank letter by your Embassy in Thailand
- Not being prohibited from entering the Kingdom under the Immigration Act B.E.2522 (A.D.1979)
- No criminal record of the Kingdom of Thailand, the country of national and country of permanent residence as well.
- Holding the nationality or permanent residence of the country of application
- No medical record of contagious disease.
- No permission of working in Thailand.
Renewal of your Retirement visa
It is important to note that renewal of a Thai retirement visa is subject to the same requirements as when applying for the visa for the first time. In addition to this any proof of funds in your Thai bank account must have been deposited and cleared at least 3 months prior to your visa renewal application date.
As well as providing proof of your current income and bank balance you will also be required to supply the following additional documents:
- A completed TM7 form.
- Your passport.
- Two passport sized photos (4 x 6 cm).
- Copies of your passport and the relevant pages.
- A copy of your bank book or passbook.
- A letter from your Thai bank confirming the status of your account.
You may leave Thailand at any time, but you must first obtain a re-entry permit. A re-entry permit can be requested at any Thai immigration office or at an international airport in Thailand. If you leave Thailand without first obtaining a re-entry permit, you risk losing your visa when you re-enter the country.
Holders of a Thai retirement visa must report their current address to a Thai immigration office every 90 days. This can be done three ways:
- In person at a Thai immigration office
- By mail
- Through an agent who has the Power of Attorney to report your status
If you are not in Thailand on the date your 90-day reporting is due, you do not need to report your status, your 90-day reporting will begin again from day one on the day you re-enter Thailand.