Answered2 years ago
Can a retiree with a monthly pension of 180,000 THB obtain a DTV visa in Thailand?
Is it possible to get a dtv visa as a retiree with a monthly pension of 180,000 thb?
Answer summary
The consensus is that a retiree with a monthly pension of 180,000 THB may not qualify for a DTV visa, as this visa does not have income requirements but instead has a bank balance requirement, specifically needing 500,000 THB in an account in the home country. Alternatives such as the NON-O visa for those over 50 or the LTR visa are available and may be easier options for retirees.
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Leroy *******
Have u asked a thai visa agent??
William **********
Is it possible you're full of crap?
John *********
Bob **********
No
George *******
A monthly pension of 180,000 baht and your asking about can you get a visa? 🤔
John *********
@George ******
only 180k. No visa for youGeorge *******
@John ********
Really, you clairvoyant or something?
เต๋อ *****
The question should be what is your income from?
Work that you can do remotely, yes. You can have the DTV.
Work that you can do remotely, yes. You can have the DTV.
Tai **********
@เต๋อ ****
it’s a pension not an income…เต๋อ *****
@Tai *********
retirement visa not dtv. A statement from SSN, will do it.Tai **********
@เต๋อ ****
I don’t need it but thanks for the tip 🙏🏽เต๋อ *****
@Tai *********
so go retirement visa, renew year by year, Enter visa waiver , apply within country, there an agent do a visa run for less than $200 plus cost of visa.No need to leave the country.
And when you have 800k THB balance in the bank, you don't need the SSA statement.
Tai **********
@เต๋อ ****
yes that’s why not qualified for DTVเต๋อ *****
Yes you can.
Yvan **********
No
John *********
With 180,000thb a month you can have a 4 bedroom beach villa with a swimming pool and round the clock house staff with a gardener and pool boy.
And you’ll have plenty of money left over.
And you’ll have plenty of money left over.
Caress ******
@John ********
Yeah that's pretty easy to do as a single person but if you throw a couple kids or a wife in there you're not really living large. Yeah you can get by on a hundred pretty easy as a single person. Just getting on over retirement visa and renew it every year checking every 90 days I think.John *********
@Caress *****
I’m not sure how much I spend per month, but I’m livin’ large with my Thai wife.
John *********
@John ********
change to Pool lady and I might get interested 🤔John *********
@John ********
you just have to make sure the pool lady is the gender you want.
Elías ********
No, but that's what you have the retiree visa for.
Amanda ********
It does not matter what your income is, as long as you can prove you have the equivalent of 500,000 baht in an account in your home country.
Nongnuch ********
@Amanda *******
as long as you can prove that the account is in your name, for the DTV application the bank account can be anywhere, not need to be in your home country. And it needs to show a minimum of 500,000 THB equivalent in any currency. Some embassies want to see a seasoning of 3 months, some others want to see 6 months account balance statements, some others just want to see the money in the account on the day of applicationAmanda ********
@Nongnuch *******
that's. As I say, I can only offer my own experience and mine was in my own country. DTV, for me, was simple and straightforward with soft power.
Nelson ******
@Amanda *******
is it home country? What if the money is in another country?Amanda ********
@Nelson *****
I can only tell ypu my experience, it wanted = 500,000 in ypur bank account, I suppose that could be anywhere.Nongnuch ********
@Nelson *****
as long as you can prove that the account is in your name, for the DTV application the bank account can be anywhere. And it needs to show a minimum of 500,000 THB equivalent in any currency. Some embassies want to see a seasoning of 3 months, some others want to see 6 months account balance statements, some others just want to see the money in the account on the day of application
Paul *********
@Amanda *******
I thought it was 800,000?
Kevin *********************
@Paul ********
for retired visa yesAmanda ********
@Paul ********
no, not for DTV, only for retirement visa.
Davide *************
@Paul ********
infatti 800.000 bhat sonoNongnuch ********
@Paul ********
for the 90-days Non-Imm-O Retirement visa it is 800,000 THB deposit minimum. For the DTV it is 500,000 THB or equivalent in another currency deposit minimumPaul *********
@Nongnuch *******
well you learn something everydayNongnuch ********
@Elías *******
that's right, you just have to show it in your bank account. However, some embassies want to see a seasoning of 3 months, some others want to see 6 months account balance statementsElías ********
@Nongnuch *******
for the DTV is not a deposit. You don't need to freeze that money nor deposit it at a Thai bank, unlike the retiree visa.Jim ********
Get the LTR Visa if you are over 50.
Todd *********
@Jim *******
180,000 a month isn’t enough. LTR needs 233,000 per monthJim ********
@Todd ********
there is no monthly income requirements. the OP just mentions their pension. I’m sure they have other passive incomeJim ********
@Todd ********
just passing information. I don’t know the person’s financial situation. My pension doesn’t equal $80K. But when my pension is coupled with my investments, I meet the LTR’s requirements.Todd *********
@Jim *******
then you could have saved the poster some misery by not pretending 180k per month was good enough to apply for LTRJim ********
@Todd ********
I’m well awareTodd *********
@Jim *******
I’m simply stating the 180k baht per month pension comes up well short of LTR requirements. The annual income requirement is $80k USD. Which is roughly 2.8M baht. (Or 233k per month). So he will definitely need more passive income than the pension to qualify for LTR
Bo **********
@Jim *******
wast off money....Todd *********
@Bo *********
hahaha. You really don’t understand the Visa. It’s the cheapest and easiest multi entry visa. And tax free.Jim ********
@Bo *********
same price as an O visa with multiple entries per year. But you are tax exempt, no 90-day reporting, no required bank deposit, and it’s a 10yr Visa.Jim ********
@Mark *******
actually if you are in Thailand for 180 days you become a tax resident. Depending when and how the money was earned, if remitted into Thailand it is subject to tax depending on yours country’s DTA with Thailand.
Mark ********
@Jim *******
Most retirees (UK excepted) are not required to pay tax in Thailand, so it's not a strong reason.
Brandon ************
Income is not relevant to DTV. There is no income requirement, there is a bank balance requirement.
John **********
No. At least not unless you qualify for one of the soft power options. But to be honest the Non-O visa based on being over 50 is easy and no need to leave the country
Arshaad *********
@John *********
what do you mean by soft power options sir? I was thinking of learning some new Thai skills…asking because I’m curious about DTV but don’t have 500k…I try invest income mostly. It never sits still.John **********
@Arshaad ********
soft power covers things like Thai boxing, Thai cooking etc but you still need to have at least 500k in the bankTodd *********
@Arshaad ********
no matter what form of DTV you apply for… you still need 500k
Arshaad *********
@Todd ********
thanks Todd. It make sense
John ******
@John *********
as a retiree, that travels a lot how will that work?John **********
@John *****
get a multiple re-entry permit and come and go as much as you want
Paul ********
@John *****
Just get a multiple entry permit.Activity
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