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Answered3 years ago

What are the best retirement visa options for a 60-year-old Australian moving to Thailand?

Ian ************
asked Mar 30, 2024
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I am a 60 year old Aussie arriving mid April, with a 12 month lease, I will be applying for a retirement visa. I have over 800k in a Thai account and 5 months saving a month history of over 65k. What is my best options. I would like to have access to my savings straight away.

Thanks in advance
Answer summary
An Australian expat, aged 60, plans to move to Thailand in mid-April with a retirement visa in mind. With over 800k baht in a Thai account and a monthly savings history exceeding 65k baht, the individual seeks advice on optimal visa options while wanting immediate access to savings. Recommendations include the 90-day Non-O visa application, followed by a one-year extension, emphasizing the importance of maintaining the required bank balance. An alternative option mentioned is the OX visa, which allows a five-year stay using funds held in Australia.
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James ********
James ********
I believe that the OP has the answers needed for his question.

Thanks all for your helpful replies.🤗

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Judy **********
Judy **********
I suggest you follow
@Tod ********
advice. This way, you can decide after having been a resident for over a year, if you wish to renew. 😁
Roberto *********
Roberto *********
Also consider the OX visa which can give you a five year "retirement" visa using savings held in Australia. The financial requirement is higher but you don't have to shift any compulsory amount to Thailand
Ian *******
Ian *******
@Roberto ********
he already has a Thai bank account and has 800k in the account.
Ellie *******
Ellie *******
@Roberto ********
, that doesn't seem to work in that way for Australians anymore with eVisa system.
Tod *********
Tod *********
Apply for the 90 day Non-O visa online thru the eVisa system at a thai consulate in Oz (Canberra or Sydney) then come in get stamped in for 90 days, go to your immigration office get the hand out listing the requirements to get a year extension and when you have 30 days or less left on that 90 day stamp go apply for the year extension for 1900baht.

you need to have the 800K baht in a thai bank account for 2 months before you apply for the year extension, it needs to stay in the account for 3 months after you get the year extension and then the balance can't go below 400K baht the rest of the year.

Doesn't matter about your monthly income via transfers because you can't use that to show proof of funds to get the initial year extension AND you can spend it the second you transfer the 65K baht in, there is no requirement to keep it in the account any length of time. That's only for the 800K baht banked money method you have to use for the first year extension
Tod *********
Tod *********
****************************


the application is all done online, upload the required info, pay and they email you the PDF that is the visa

you want this choice
Tod *********
Tod *********
OR seeing as you already have the money banked, you could come in free stamp entry, (30 day visa exempt) then apply for the 90 day Non-O visa inside the country at the immigration office where you live for 2000baht

it would go under review for 2 weeks, then you'd go back to get the Non-O visa and a new 90 day stamp inked in

After that it's the same process to get the year extension as I outlined earlier

You can get the 90 day Non-O visa inside the country

OR

you can get the 90 day Non-O visa before you come here at the consulate in your country

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