Answered3 years ago

Do you need to be a pensioner to live in Thailand if you are over 50?

Thailand Visa Retirement Visa NON-O Visa LTR Visa Immigration Rules

Filip *******

asked Dec 1, 2023

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Hello all , 

Thanks for all the information here , Thai rules are not easy for visa’s and this group helps to learn. 

Still a question: when your 50+ , do you need to be pensioner? 

I will only be officially a pensioner in 4 years and want to live in Thailand for 9 months a year traveling 4/5 times a year for 2/3 weeks .

The 800.000 in the bank will be ok and i will rent a home till i’m pensioned , then normally buy one. 

Thanks for your time .

Filip

Answer summary

The discussion revolves around the requirements for expats over 50 wishing to live in Thailand. It clarifies that one does not need to be officially retired to obtain a retirement visa (NON-O) and highlights that financial stability with sufficient income and savings is crucial. Additionally, an alternative option, the LTR visa, is mentioned for long-term residency.

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Filip *******

Thanks for the quick response

3 years ago

Philip **********

If your income and wealth are sufficient, there is also the LTR which is quite straight forward and is a 5+5 year visa and solves for the difficulty of dealing with the immigration department. It was administered by the BOI but I don't seem to be able to locate it just now

3 years ago

Tod *********

@Philip *********

that LTR is also limited to being over 50 for wealthy pensioners,

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3 years ago

William ******

@Tod ********

can you get a retirement visa without pension or monthly income ? What if you just have a lot of savings $ ? Thanks

3 years ago

Ellie *******

@William *****

, in most provinces, you must show proof that it comes from abroad for the initial in-country Non-O retirement visa. No requirement for international transfer for a yearly extension based on being over 50.

3 years ago

William ******

@Tod ********

that’s good to know, thank you for the response! Does it have to come from abroad? Or can I deposit cash into my thai bank account that I already have set up ? Thanks again!

3 years ago

Tod *********

@William *****

you transfer 800K baht from abroad in to a thai bank account in your name only.

3 years ago

Philip **********

The OP is clearly over 50 and the indications from his post are that he is not concerned too much about money. I have a 50+ LTR :)

3 years ago

Tod *********

Nope no need to be 'retired', that visa category is actually for people 50 or over and even though they put RETIREMENT in english on the visa/extension the real reason it's issued for is กรณีใช้ชีวิตบั้นปลาย <- in the instance of living out the end of your life 😮

Now you see why they stamp RETIREMENT on it 😛 😉

3 years ago