If a couple over 50 wants to retire in thailand, do they both have to deposit 800,000 baths?
Answer summary
In Thailand, for a couple over 50 wishing to retire, typically both spouses would need to show 800,000 baht each in a Thai bank account. However, one spouse can apply for a Non-OA visa, and the other may apply as a dependent Non-O, allowing for only one 800,000 baht requirement in some cases. It's important to verify this option with the relevant embassy, as practices may differ. If one spouse meets the retirement requirements, the other can sometimes join without independent financial criteria, using the 'Lead and Dependent' strategy.
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Yes, or prove 65,000 baht per month income per individual.
Please read Bangkok Post today. This say Emigration rules for long stay and retirement is on its way to be easier for US. From 17 to 7 differnd ways. Check and see what and when this stars. Brgds.
Apply Non-O visa on Thai embassy website and come to Thailand with non-O visa, and you can open bank account, you have time 2 months to transfer money to saving in Thai bank account 👍🏻😊
If one spouse meets the retirement requirements, the other can join without needing to meet the age or financial criteria independently.
The "Lead" and "Dependent" Strategy
Since you only want to show 800,000 THB, you would follow the "1 Retirement + 1 Dependent" path:
Primary Applicant (50+): Applies for the Non-Immigrant O (or O-A) visa based on retirement. This person must show the 800,000 THB in a Thai bank account (or 65,000 THB monthly income).
The Spouse (Any Age): Applies for a Non-Immigrant O visa as a dependent (often called "following family").
Thanks. We looked at this a while ago. COVID effectively negated my OA visa. When I tried to reapply discovered my UK insurance was no longer accepted so we both now do retirement extensions to O visas. Therefore two lots of 800 held in our own bank accounts.
No! We’ve just done ours, my husband has the 800,000 in his account and I’m a dependent, they need your marriage certificate and copy, but some immigration offices require the marriage certificate verifying which involves using a lawyer.
Jeff Hoffmeister I don’t do it myself but I see hundreds of cases pass by for many years. No one seem to have a problem. I’m not promoting anything though.
Bill Munro Why ? though the numbers are not really that big.
If you have lots of income, just sent 2 x 65k (or 70k) a month. You will spend it anyway. Leave the 2 x 800k invested back home to generate circa 2 x 80k a year.
Our understanding is you can do a combination of 400,000 baht in an account and the other 400,000 made up of monthly deposits into your account, or is that not correct?
Shelly Anne No. For the first year you need 800k in a Thai bank. After that you may switch to income if you have regular payments of at least 65k baht a month.
Valère Jesse Geurts Khaikaew maybe they got grandfathered. Many embassies don't issue the dependent Non-O any more and many Immigrations won't do it either
It is possible for one spouse to get a Non OA visa and the other getting a dependent Non O thus only requiring one 800k but not all embassies will do that.
Probably you’d both have to apply separately for a Non O and both have the 800k.