Want to retire in Thailand and spend your days in the Land of Smiles? Well, then you need a retirement visa for Thailand first. Without it, you won’t be able to stay in the country for long. You can get it for about a year, after which you need to renew it. Below, we have listed the questions that our clients ask us most frequently. They should help you prepare for the process of getting a Thai retirement visa, before you contact us:
Question: How old do I have to be, in order to apply for a retirement Visa in Thailand?
Answer: 50 years or above. You can contact us before you turn 50, but remember that we will only be able to submit your application after you have hit the 50-year mark.
Question: Are there any financial criteria that I need to fulfill, before I can apply for the Visa?
Answer: Yes. You need to keep a security deposit of THB 800,000 in a Thai bank account for at least 2 months, before you can submit your application. Otherwise, the combination of the amount of money in your Thai bank account and your total yearly income must exceed THB 800,000.
Question: What proofs of deposit do I need before I apply for the Visa?
Answer: You need an updated bank book or passbook, of course. Also, you need a letter from the bank confirming that your security deposit remained there for 2 months or longer.
Question: Apart from financial documents, is there any other document that I might need?
Answer: Usually, no. However, in certain special cases, an official from the Thai consulate or embassy may ask for a police clearance and a medical certificate. These documents are not difficult to obtain, however, and should not prove to be too much of a hassle.
Question: Do I have to get my application for retirement processed in Thailand?
Answer: Not necessarily. You can get it processed in your home country by contacting your local Thai embassy or consulate. They will transfer it to Thailand on their own.
Question: I have got my visa. Can I get my personal effects parcelled to me now?
Answer: Of course you can, but keep in mind that you will have to pay import duties on all of them.
Question: After I get my visa and start staying in Thailand, is there any legal formality I need to take care of?
Answer: Yes. Every 90 days, you need to show up at the immigration office or send them a mail, informing them about your present residential address. If you are outside Thailand during the time when you have to send the information, you can do so after you return. There won’t be any legal issue regarding that.
On a final note, if you want to take the hassle out of the process of applying for a Thailand retirement visa, get in touch with us. We know all Thai laws and regulations, and can help you with the entire process in a systematic manner.