A Thai retirement visa allows foreign nationals aged 50 and over to live in Thailand without working. The Non-Immigrant Visa-Retirement (O-A) is typically for a one-year stay, but can be renewed. The Non-Immigrant Visa-Retirement (O-X) offers a longer stay, up to 10 years, but is more selective and requires proof of a specific income or savings.
To get a retirement visa in Pattaya, Thailand, you must be 50 years old or older and meet specific financial requirements. You can either deposit 800,000 Thai Baht in a Thai bank account for at least two months or demonstrate a monthly income of at least 65,000 Thai Baht. Alternatively, a combination of deposit and income totaling 800,000 Thai Baht is acceptable.
Required Documents for Retirement Visa
To apply for a Thailand Retirement Visa, you need to meet certain age and financial requirements and provide the necessary documents. It’s important to have the right paperwork to prove your financial stability and commitment to a long-term stay. Here’s what you’ll need to apply:
Must be over 50 years of age
Must meet ONE of the following:
- A security deposit of 800,000 THB in a Thai bank account held for at least 2 months before applying for the visa
- A monthly income of at least 65,000 THB
- Or a combined security deposit and annual income totaling 800,000 THB
Proof of Health Insurance: For applicants of the Non-Immigrant O-A (Long Stay) Visa, health insurance that meets the Thai government’s criteria is required. This includes:
- Inpatient coverage of at least 400,000 THB
- Outpatient coverage of at least 40,000 THB
To meet the financial requirements for a Thailand Retirement Visa, you must provide the following documents:
- For the security deposit: Submit an updated bank book or passbook along with a bank letter confirming that the deposit, sourced from overseas, has been in the account for at least two months.
- For a monthly income of 65,000 THB: Provide an income verification letter from your embassy in Thailand.
- If your embassy does not issue income letters: Supply a 12-month bank statement showing regular deposits of 65,000 THB into a Thai bank account.
Other documents that may be requested (though typically not needed if applying within Thailand):
- Thai Police Clearance Certificate
- Medical Certificate
- Proof of Health Insurance
Our aim is to provide you the finest options and an honest assessment of your immigration options. We are able to provide advice and assistance regarding the paperwork and requirements needed to acquire a legal visa to remain in the Kingdom. You can visit us at our company located in Pattaya. Click here for our location on Google Maps
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