Can I Qualify for a Retirement Visa in Thailand with a Monthly Income of 79,400 THB Instead of 800,000 THB in a Bank?

Question

Is there a way for someone to qualify for retirement visa based on a monthly 79400 THB income in lieu of depositing 800,000 into a Thai bank account?

Ask Thailand · Answer

In Thailand, to qualify for a retirement visa initially, applicants typically need to have 800,000 THB in a Thai bank account. However, there is an alternative pathway for those who can show proof of a consistent monthly income. Specifically, if an applicant is receiving a minimum of 65,000 THB monthly (which totals 780,000 THB) through verified sources such as pensions, they can use this amount to qualify for the second extension of stay after having maintained these monthly transfers consistently for a year. While a monthly income of 79,400 THB technically meets this requirement, U.S. citizens may face challenges as their embassies do not issue income affidavits, making it necessary to have the 800,000 THB deposited for the first extension. Therefore, it is advisable for potential applicants to carefully prepare their documentation and consult with local visa agents for guidance on the current requirements.

Declan ********** · Answer

Not unless your embassy in thailand does income affidavits. If they don't (which most don't these days) you will need the 800k for the first extension.

John ********** · Answer

You could probably get the initial 90 day Non-O visa in your home country before travelling to Thailand based on your monthly income but you will still need to put 800k in a Thai bank for your first extension. During this time you transfer a minimum of 65k baht each and every month for a full 12 months prior to applying for your 2nd extension you can use that

Bigd ********** · Answer

Dm sent

Paris ******** · Answer

I came in with using my social security letter for the monthly. You are allowed to use it for the 1st year, you do not have to wait and only use it for the second extension.

Paris ******** · Answer

Since you are USA, if you are using Social Security retirement, you will get the documentation letter confirming your retirement amount, which shows your monthly. If you are meeting it with other pensions/etc. then they need to be shown that they come in monthly above 65,000. This is filed with you application for O-A retirement.

Jan ****************** · Answer

Yes as [mention redacted] states, you can quality from your second extension of stay after you’re able to show proof of twelve months consecutive transfers of 65K baht. This is an alternative way to prove sufficient required funds, but as your embassy doesn’t offer to provide you an affidavit letter to confirm your income you’ll need to prove the first year yourself.

Pete ******* · Answer

You can qualify with monthly transfers for your 2nd extension of stay. For the initial Non-O and 1st extension you need the 800k in the bank.

Andy ************ · Answer

You'll need to transfer minimum 65k each month into Thai bank account to qualify

William ********* · Answer

You can get a vida agent

Tony ********** · Answer

Not when you're from USA.  "Income" will only qualify you for the non-o visa.  You will still have to season 800k in a Thai bank 60 days prior to your first extension.

Welcome!  I used to live in Gold Hill and up Antelope Creek a long time ago.

Can I Qualify for a Retirement Visa in Thailand with a Monthly Income of 79,400 THB Instead of 800,000 THB in a Bank?

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