Answered9 months ago
Can Rental Income Be Used to Meet the 65,000 Baht Monthly Income Requirement for a Thai Retirement Visa?
Hi. Has anyone gone through the process of using Rental Income to prove the 65,000 Baht monthly income requirement for a retirement visa ( correctly named a 1 Year Extension of a Non-Immigrant Cat O visa ). In the UK at present. In particular is there a requirement for the Rent to be coming in for 12 months prior without a break ?
Answer summary
To qualify for the retirement visa (1 Year Extension of a Non-Immigrant Cat O visa) in Thailand by proving a monthly income of 65,000 Baht, you can use rental income from abroad. It is essential that the rental income is received regularly for 12 consecutive months without any breaks. The source of the income does not matter, but you need to clearly show consistent transfers of at least 65,000 Baht each month into a Thai bank account, particularly if you're applying from abroad.
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John **********
If you are currently in the UK and are planning to apply for a 90 day Non-O visa before travelling to Thailand then applying for the 12 month extension of stay you will need to show 800k baht in a Thai bank for the 1st extension of stay. Subsequent extensions can be obtained by showing you have transferred into a Thai bank from overseas a minimum of 65k baht each and every month for the previous 12 months, it doesn't really matter where the money comes from
Taki****
The source of the Income is irrelevant, just needs to be a minimum of 65k foreign transfer each and every month.
Jan ******************
Twelve months consecutive transfers from a foreign source.
Lynnette *******
It's 12 months payments of 65k. Not less. So I'm sure that's every month.
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