Can I convert a visa exemption stamp to a retirement visa in Chiang Mai and use the financial combination method?

May 16, 2021
4 years ago
Mark *********
ORIGINAL POSTER
Can I enter Thailand on a visa exemption stamp and then change it to a retirement visa in Chiang Mai? Also, are they still allowing the financial combination method to be used?
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TLDR : Answer Summary
Yes, you can convert a visa exemption stamp to a retirement visa in Chiang Mai, provided your visa remains valid for at least 15 days before the conversion process. However, you can no longer utilize the financial combination method due to policy changes—it's now required to have the full 800,000 baht in a Thai bank account for a minimum of 2 months prior to applying for the annual extension.
NON-O RETIREMENT VISA RESOURCES / SERVICES
  • Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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Jonas *************
Don't you already need to get an apartment rental contract set up pretty soon? I'm up for renewal again in a month. Need to look at the list.

It seems to say 2 photos but I'm not sure they ever asked for them? Bkk

For the 90d you need to have at least 15 days left of your stay (I read it as opposite as many senators have bad language, so I first had to extend my visa waiver).
Tod *********
You can indeed enter on a 45 day visa exempt (and/or a 60 day tourist visa) entry and then apply for an in country 90 day Non-O visa based on being over 50.

In Chiang Mai they require you to have a minimum of 21 days left on your current stamp to apply (because the application goes under consideration for 20 days before you go back and get the Non-O visa and a new 90 day stamp inked in.

UNFORTUNATELY you will NOT be able to use "combination method" (part banked money and part incoming monthly transfers to get either the initial 90 day Non-O visa or the year extension.

That's because since the US consulate stopped issuing affidavit of income notary letters back in Dec 2018 to show monthly income you need to transfer in xxx baht each month every month into a thai bank account in your name only for the previous 12 months.

IF you're just comin' in obviously you won't have met that requirement SO your only option is banked money method.

As people correctly pointed out there is no requirement that the 800K baht be "seasoned" any length of time to apply for the initial 90 day Non-O visa (just show it was transferred in from abroad and in your account on the date you apply).

It's the year extension that requires the 800k be in the account for 2 months before you apply, it has to stay in the account for 3 months after you apply and then the balance can't go below 400K baht the rest of the year
Mark *********
ORIGINAL POSTER
@Tod ********
Very helpful. thanks, and thanks to all.
Steve *******
You can go that route but it's much easier to get the Non Imm O visa before you enter Thailand.
Bobby ********
Do you already have a Thai bank account? You need to have 800,000 baht in the account for two months before you apply. With a visa exempt entry, you're cutting it fine and might not get in within the time period, even with the 30 day extension. If you've already got an account it's no problem, otherwise look at a TR visa which will give you a buffer of 15 days
Steve *******
@Bobby *******
He doesnt need the 800,000 in a Thai bank for 2 months, that's for the 1 year extention of stay. He needs a Non Imm O visa first. No seasoning of the 800,000bt required.
Bobby ********
Steve Greir. Correct. I was jumping ahead of myself. He has ample time to get the 800k seasoned for the 12-month extension
Phil **********
@Bobby *******
, thats not quite right, on the first application the funds only have to be there on the day of application, then it has to be seasoned for the two months prior to the long term one year permit.
Bob **********
@Phil *********
this is correct unless his embassy issue a financial statement and on you first extension you can't use a combination account
Steve *******
@Bob *********
The OP needs a Non Im O visa first, no seasoning of the 800,000 required, nothing to do with the extention of stay.
Bob **********
@Steve ******
I know that the 90 days gives him the time to season his money
Ginggholic ******
Yes you can convert a Thailand 30 day visa exemption stamp to a retirement visa in-county but your visa must stay valid at least 15 days before converting. Once once the process is done, you will obtain an initial Non-Immigrant O Visa is valid for 3 months then you can proceed to apply for long-term Non-Immigrant (Retirement) O Visa as well :)
Ken ***********
@Ginggholic *****
exactly right. You can apply for Non O with 30 days or less (some offices allow 45 I believe) but not less than 15 and same for 1 year extension of 3 month Non O
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