It’s all great that you want to obtain a retirement visa, but do you know the basic requirements for the US nationals to apply? If not then read below to know then;
- Applicant’s age should be over 50 years;
- Pension or Saving:
- Receiving a monthly pension at the amount equivalent to or greater than 65,000 Baht per month (verify by your respective Embassy in Thailand); or
- Having funds of no less than 800,000 Baht in your Bank account in Thailand
And in case you are presently out of Thailand and you do not have an account in one of the Thai banks, it is advised to apply for a Non-Immigrant “O-A” or “O-Retirement” from a nearby Thai Embassy or Consulate. An address in Thailand may also be required, in the form of either:
-
- A letter from their embassy in Thailand which this letter gives a confirmation of your residential address in Thailand; or
- That foreigner is holding a work permit.
But, of all, did you know that a retirement visa can be applied either while being in your home country or in Thailand. And while applying inside Thailand, the first thing you need to do is prepare the financial documents and the following;
- passport with at least six months validity
- 4 cm x 6 cm photos taken in the last six months
- an updated bank passbook
- a bank letter confirming your funds were deposited from a foreign source not less than two months from the date of application*
- a health certificate (you may not need this if you’re in Thailand)
- a police/background check certificate
For your information, this 5-year retirement visa allows affluent retirees from 14 different countries, including the United States to stay in Thailand for up to 5 years. Some of those countries are; Germany, France, Australia, Sweden, Finland, Japan, Netherlands, Norway and United Kingdom.
