Quick Answer: How To Present Financial Documents For Thai Retirement Visa?

Proof needed

1. Incase of Security deposit, an updated passbook/bank book which is in your name and from a recognized Thai bank.
2. Incase 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 bankletter by your Embassy in Thailand.

How much bank balance is required for Thailand visa?

Bank statements must be from the most recent month (six months for multiple-entry visa) For single entry visas, you need to show a minimum balance of $700.00. For multi-entry visas, you need to show a minimum balance of $7000.00.

How much does a Thailand retirement visa cost?

For a 1-Year Thai Retirement Visa (Single-Entry): 2,000 Thai Baht. For a 1-Year Thai Retirement Visa (Multiple-Entry): 5,000 Thai Baht. For a 5-Year Thai Retirement Visa: 10,000 Thai Baht.

How long does it take to get a retirement visa for Thailand?

You will have to wait for 60 days to be in Thailand before you can file your retirement visa application at the immigration office or you must be on the last 30 days of your current permit to stay. Proof of address in Thailand (utility bills, rental agreement, etc.) is also required.

What do you need to retire in Thailand?

Requirements to Retire in Thailand

1. Be 50 years old or older.
2. Pass a criminal background check.
3. Possess a valid passport that is good for a least 1 year.
4. Place a security deposit of at least $24,500 in a Thai bank 2 months before applying or show a minimum monthly income or pension of $2,000.

What are the documents required for Thailand visa?

Tourist Application Requirements for a Thailand Visa

• Visa May Not Be Required. No visa is required for a stay of up to 30 days.
• Passport. You must provide your actual signed passport.
• Photographs.
• Visa Application Form.
• Hotel Confirmation.
• Proof of Health Insurance.
• Health Declaration.
• Proof of Travel Arrangements.

What documents need to go for Thailand?

Documents required for Thailand Tourist Visa from India

• Passport or travel document with validity not less than 6 months.
• Visa application form.
• One recent 4x6cm Photograph of the applicant.
• Round-trip air ticket or e-ticket (paid in full)
• Proof of financial means (20,000 baht per person/40,000 baht per family)

How do I renew my Thai retirement visa?

Visa Renewal

1. A completed TM7 form. (You can download this TM. 7 Form from our website)
2. Your passport.
3. Two passport sized photos (4 x 6 cm).
4. Copies of your passport and the relevant pages.
5. A copy of your bank book or passbook.
6. A letter from your Thai bank confirming the status of your account.

How much money do you need to retire in Thailand?

The requirement for a retirement visa is 65,000 baht per month (about USD 2,000) or savings of 800,000 baht (USD 25,000) in a Thai bank account. Steven LePoidevin, InternationalLiving.com Thailand Correspondent, says this is a good starting point for a retired couple.

What is difference between O and OA visa?

In fact, there is a distinction being made by some between an O-A (which is supposedly only issued at an embassy or consulate outside of Thailand) and an O visa extension based upon retirement (which is supposedly only issued in Thailand).

Can foreigner open a bank account in Thailand?

Foreigners are allowed to open a bank account in Thailand. You don’t necessarily have to LIVE in Thailand to have a bank account but a bank might ask you some proof of residence, from a work permit, a Thai driving license or a document from the Immigration office.

How do I get a retirement visa in Thailand?

How to Obtain a Retirement Visa in Thailand:

1. STEP 1: OBTAIN A NON-IMMIGRANT “O” VISA.
2. STEP 2: OBTAIN A ONE-YEAR RETIREMENT VISA EXTENSION.
3. STEP 3: OBTAINING A RE-ENTRY PERMIT.
4. STEP 4: REPORTING YOUR STAY EVERY 90 DAYS and VISA EXPIRATION.

How early can you renew Thai retirement visa?

Currently, you can apply to renew your visa 45 days before it expires. You should renew as early as possible and not leave it to the last minute.

Does Thailand tax retirement income?

Only income earned inside Thailand shall be subjected to tax during retirement. Therefore, you will not be obliged to pay any taxes for any income you have earned from overseas. Also, personal income taxes are not required for retirees in Thailand.

How can I stay in Thailand long term?

Most people who come to Thailand want to extend stay. They may apply for an extension of stay for one year, but it must be for one of the following purposes: Business, Education, Marriage or Retirement. If you hold a tourist visa, you must first convert to a non-immigrant status before the long term extension of stay.