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Is a Retirement Visa better than a 6-month multiple entry visa for long-term stay in Thailand?

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Rob **********

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asked Dec 21, 2017

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Hi all,

As I like to stay in Thailand long term am I better off getting a Retirement Visa rather than a 6 month multiple entry visa? I don’t want to give up my Aus Citizenship or Residency. Any advice is greatly appreciated.

Cheers

Answer summary

The user is considering whether to obtain a Retirement Visa for long-term stay in Thailand instead of a 6-month multiple entry visa, while wanting to retain their Australian citizenship. Commenters provide reassurance that obtaining a Retirement Visa does not affect citizenship and advise reviewing the requirements, including a minimum THB 800,000 deposit in a Thai bank.

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Chris *********

Chris *********

THB 800 000 in a Thai Bank is the requirement for a visa/ long stay permit based on retirement. This funds must be in the Thai Bank for longer than 60 days. Then you still need your monthly income for your monthly expenses.

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Somkit *********

Somkit *********

Retirement in my opinion would be the best. Check though the requirements from embassies in Oz or here.

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Bob ********

Bob ********

You don't give up citizenship for retirement visa.

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Richard *******

Richard *******

He may be referring to Residency. Currently residency for many countries is not just a convinience mailing address. Tax laws (tightened due to terror threats) mean that residency is not such a simple thing anymore and many monetary decisions can be affected by your declaration of residency.

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