Thai Retirement Visa
Why Foreigners retire in Thailand
Retirement in Thailand has undeniably become the trend among retiring foreigners who are looking for a great retirement destination without having to spend much. Thailand has certainly all the amenities of a retirement paradise which is the reason foreign retirees flock here every year.
From the warm climate prevalent the whole year to the various exciting retirement locations across the Kingdom, the foreigner is offered a wide array of choice on where to spend her retirement days – does she fancy the cool, mountainous terrain of the North, the pristine beaches of the South or the cosmopolitan lifestyle in the city. Whatever location the foreigner chooses to stay, she is assured of world class medical facilities, convenient means of transportation and other facilities which ensure quality and convenient way of life.
Thai Retirement Visa
As for the locals, their charming smiles can easily put the foreigner at ease. Their friendliness is world renowned prompting outsiders to call the country as the Land of Smiles. Their sabai-sabai mindset or the relaxed way of doing things is just perfect for retirees to fully enjoy their retirement days. As for the food, Thai cuisine is a global gastronomic favorite because it is healthy and delicious- just the kind of food retirees should be eating.
On top of all these, the above comes at an affordable cost making your retirement savings in Thailand very well spent.
The legal requirement for retiring in Thailand starts with obtaining the appropriate visa to be able to stay in the country long term. The Visa is called a Non Immigrant O-A Visa also known as Retirement Visa.
To be able to apply a retirement visa, the foreigner has to meet the following requirements. And depending on the required documents that the foreigner has accomplished, he may apply the retirement visa directly from the Thai embassy from his home country. Otherwise the visa can always be obtained from the Thai Immigration inside the country.
Important Requirements
- Age Requirement: The applicant should be 50 years old or older
- Financial Requirement: This can be satisfied through any of the following means:
- A deposit of THB 800,000 in a Thai Bank Account; or
- A monthly income/pension of not less than THB 65,000; or
- Combination of savings deposit and yearly income
- Police Clearance *
- Medical Certificate *
* required when the visa is applied for directly from the Thai embassy or consulate overseas.
If you wish to proceed with the visa application hassle free, it would be best to let our experts assist you with the visa application.
