Answered2 years ago
What are the costs involved in hiring an agent for a retirement visa and bank account in Thailand?
How much should I expect to pay an agent to open a bank account and obtain a retirement visa. I am currently living in Santa Monica and have no visa at all. TIA !
Answer summary
Expect to pay between 5,000 and 40,000 baht for an agent to help with opening a bank account and obtaining a retirement visa in Thailand. Costs vary based on the agent and the services provided. Some users report specific figures: approximately 30,000 baht for the retirement visa and bank account, while others mention 12,000 to 35,000 baht as common fees. It's noted that if you have 800,000 baht ready, the bank account opening fees might be lower, around 4,000 to 5,000 baht.
98 repliesnewest first
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Terry ********
12,000 bahts tops
Jeff ********
Go see Mark at one stop visa. Great guy and staff. Helped me out so fast. On soi 6 and beach road
Randy ******
They in BKK?
Tichy ***********
@Randy *****
Thailand Wide. We serve all Thai Legals Advice and consultant firmSteve **********
Tichy ***********
@Steve *********
We provide solution by exemption with an extra costSteve **********
@Tichy **********
I consult my IO....the horses mouthTichy ***********
@Steve *********
If you wanna know more about Immigration Law Act of Thailand. Contact us for consultation but there will be a cost.Be mindful of your opinion toward my legal business post if you are unsure of The Thai Law you should consult your lawyer first.
Tichy ***********
@Steve *********
An appeal must be submitted to the competent official within forty-eight hours from the time the official's order is known. and follow the form and pay the fee as specified in the ministerial regulations. When the foreigner files an appeal The competent official shall wait to deport the foreigner out of the Kingdom until there is an order from the Minister in that case.Steve **********
@Tichy **********
? Mai pen rai.Black list is black list.
B-----y is seen, and this site is monitored by IO's so good luck
Michael *******
If I arrive in Thailand with visa exempt,can I open a bank account and then apply for a retirement visa.
Graham ******
@Michael ******
Why don't you get your retirement Visa (Non-OA or Non-O) before travelling as that makes opening a bank account (needed for an in country issued Non-O and your extension) much easier.
Kevin ********
I just paid 37. 500 baht for a retirement pension
Terary **********
I paid 8,000 for "insurance" at Bangkok Bank, no agent.
I assume SM California? If you have no visa you can get most any kind of visa come here, get your retirement visa. It may be a little easier. I have a buddy that prefers to get their retirement visa in Thailand for insurance reasons.
I assume SM California? If you have no visa you can get most any kind of visa come here, get your retirement visa. It may be a little easier. I have a buddy that prefers to get their retirement visa in Thailand for insurance reasons.
David ********
800,000 bath is acceptable
Ronald *******
OPI have just submitted a e visa through Thai consulate in Los Angeles. Will know in about 2 weeks. Then I'll be in Khon Kaen August 25th and hopefully open a bank account.
Jeff ********
I just did mine this week and cost me 38,500 baht.....about $1100 usd
Mark *******
I paid 30,000
Peter ********
No more than 20k. Approx $500
Jeffrey *******
Agent for bank account and do your own visa.
Nongnuch ********
Ronald Brown . . . . *** in Pattaya for opening Bangkok Bank account: 5500.- THB on any visa, even on visa-exempt.
*** application for 90-days Non-Imm-O retirement visa: 3500.- THB
*** application “1-year extension of stay based on retirement”: 7500.- THB, 90-days report included!
*** “change of visa type” from tourist visa or exempt entry to a 90-days Non-Imm-O retirement visa, and the subsequent application to the “1-year Extension of Stay” from 19.000.- THB up (with own financial proof)
*** re-entry permit Service: single=1900.- THB, multiple= 4900.- THB
F.S. Consulting Co, Stefan Fabbro. Phone: +66 82 001 3126
*** application for 90-days Non-Imm-O retirement visa: 3500.- THB
*** application “1-year extension of stay based on retirement”: 7500.- THB, 90-days report included!
*** “change of visa type” from tourist visa or exempt entry to a 90-days Non-Imm-O retirement visa, and the subsequent application to the “1-year Extension of Stay” from 19.000.- THB up (with own financial proof)
*** re-entry permit Service: single=1900.- THB, multiple= 4900.- THB
F.S. Consulting Co, Stefan Fabbro. Phone: +66 82 001 3126
Stephen *******
Why can not do yourself???
John ********
@Stephen ******
What's this thing some expats have! Why can't you do it yourself. Only two reasons, they aren't hard up enough to be bothered about paying an agent, or they don't have the required money, 800k and even if they do, why would anyone want that amount of money just sitting year in year out earning nothing.Ronald *******
OP@Stephen ******
I'm lazy I've already stated that that read the post.
Chris *********
5k
Patrick ********
Between 25 and 30k
Siddhartha *********
@Patrick *******
check dm
Andrew ********
*****
thb
Ling *****
@Andrew *******
you paid double of what it should be.Rene ********
@Ling ****
maybe no double but closeRene ********
@Andrew *******
I don't know the specifics of that or your nationality but that seems to be way over the topAndrew ********
@Rene *******
I know that now lol.Rene ********
@Andrew *******
still, if it helped you twas a good start
Tim *********
Shop around. One agent in Pattaya quotes 37,500 all in, and another quotes 12,500 for visa only, or 17,500 if you need visa and bank account (so I deduce 5k for the bank account)
Ronald *******
OPSounds like I should apply for Non O first.. thanks for the replies.
Alan *********
Contact me and I will provide you with the name of a really good agent. I've just completed exactly what you are after. The price is in the ballpark of what others are quoting here.
Daniel ******
Of you are clean, you do not need agents!
John ********
@Daniel *****
What do you mean, if you are clean? You mean don't smell of B.O when you go to immigration? 😂Ronald *******
OPI'm just lazy
Graham ******
Arriving with your Retirement Visa (either Non-OA or Non-O) makes opening a bank account much easier.
Peter **********
If you have 800,000 thb in your bank then only a few thousands to assist you with opening the bank account.
You can easily get a 90-day non-O visa while in the USA. Diy.
Open a bank account in Pattaya upon arrival. Assistance from an agent might save you some agony. They charge some 5,000 baht for the service.
Then transfer your 800,000 asap, from USA bank straight into the Thai bank account.
Wait two months and extend your visa yourself. You will have two months time to ask the IO for the requirements and prepare all necessary documentation.
Done. Enjoy life in Thailand.
You can easily get a 90-day non-O visa while in the USA. Diy.
Open a bank account in Pattaya upon arrival. Assistance from an agent might save you some agony. They charge some 5,000 baht for the service.
Then transfer your 800,000 asap, from USA bank straight into the Thai bank account.
Wait two months and extend your visa yourself. You will have two months time to ask the IO for the requirements and prepare all necessary documentation.
Done. Enjoy life in Thailand.
Brett **********
If over 50, get yourself an o-a visa in the states and then you can open an account with no problems when you get here and you don't have to put money in a thai bank. However, if you are way past 50 you may find the health insurance you have to buy not to your liking but worth weighing up the pros and cons before engaging an agent
John ********
@Brett *********
I believe at least they've changed the insurance cover required from 3 million baht to only 400k.Brett **********
@John *******
the issue was it had to be from particular approved suppliers and those on offer were not the best coverage for the price. Has been a couple of years since I last looked closely though so may have improvedJohn ********
@Brett *********
I'd hazard a guess that as long as it's a Thai Insurance company because of the relaxation after COVID, they'd accept any company, but the internet is the place to find out for sure.Randy ******
@Brett *********
you will neec 800k for extension of visa the following year, no?Brett **********
@Randy *****
you can make an o-a last two years with a well timed border bounceRonald *******
OP@Brett *********
I will keep my health insurance in the USA so noyt worried about that. Just left my appendix in Khon Kaen.. $4500 and insurance paid it.
Jeffrey *******
@Ronald ******
if u don't mind sharing. Which US ins comp do u use that covers internationally??
Bigd **********
@Jeffrey ******
I have Anthem BCBS federal and Bangkok Hospital in most cities in Thailand are contracted with them.Graham ******
@Brett *********
Can also get a Non-O prior to travelling at most Embassies or Consulates with no mandatory health insurance etc.
Gary **********
32k or 35k with multiple entry
Norbert ***********
Not more than 4-5 k for Account.
Norbert ***********
@Gary *********
he ask only for account!!
Bob **********
25-35,000 baht
Ronald *******
OPIf they approve the visa I can do it meself Bob.
Ronald *******
OPI was just quoted
*****
.Bob **********
@Rene *******
not with my agent 30,000 with a multi entry and 3-5k to open the bankRene ********
@Bob *********
so yes, same sameRene ********
So yeah, 30,000 for just retirement and multi entry is about what I paid too.....except I did the non immigrant o too and the total was around
*****
Rene ********
@Bob *********
and the first three months visa, I quoted that included......otherwise it's *****
approxBob **********
@Rene *******
without the non -o it’s 12-13 K in pattayaRene ********
@Bob *********
more now, currently about 40,000Siddhartha *********
@Bo *********
check dmRene ********
@Bo *********
I guess there are good ones and bad ones and well connected ones unless well connected ones and hey everybody does what they have to do at the right time.
Ash ********
5k
Bob **********
@Ash *******
read the post againDavid *******
In Pattaya probably 30-35k for bank account, visa and first extension (so 15 months in total).
Subsequent years depends on if you’ll have 800k in bank and if you want Reentry permits so 8000-
Subsequent years depends on if you’ll have 800k in bank and if you want Reentry permits so 8000-
*****
baht each year approximately.Siddhartha *********
Tim *********
@David ******
don't forget, subsequent renewals you can use the income method. Instead of the 800,000 baht, you need to show "steady income" of at least 65,000 every month (confirmed at Chonburi Immigration in Jomtien yesterday - other offices may differ)Ronald *******
OPThe income method I'm referring to.
Steve **********
@David ******
TITDavid *******
@Steve *********
As I said ‘some’ offices have insisted on proof of pension. It’s rarely consistent in Thailand!Steve **********
@David ******
As long as income from abroad, makes no difference it's origin, be it pension, Transfer from an account, SS.etcRonald *******
OP@David ******
I bet
David *******
@Ronald ******
this is easy compared to the hurdles to get the equivalent in USADavid *******
@Ronald ******
and then you’ll have to remember to report to immigration every 90 days even if you never change your address 😊Ronald *******
OP@David ******
Thank you for clarifying. Right pain in the arse all this.David *******
@Ronald ******
you can’t use the income method for the first year because you won’t have 12 month history of transfer from overseas each month. After that it’s one method or the other.Ronald *******
OP@David ******
I'm a little confused David ! Instead of the 800,000 baht, you need to show "steady income" of at least 65,000 every month...I thought one or the other ?Ronald *******
OP@David ******
Are you saying I cannot use the monies I transfer each month for year ?David *******
@Ronald ******
You can’t use it for the first year only subsequent years. You’ll need to be able to transfer 800k into your Thai bank account immediately when you open it for the first year, or pay extra to the agent if you use one - but that ‘might’ complicate it for the second year.Ronald *******
OP@David ******
I can prove it either way.Ronald *******
OP@David ******
Thanks David I like the sound of that and will approach it that way.David *******
@Ronald ******
it needs to be transferred from overseas each month (and clearly identifiable as from overseas) and it must be at least 65k every single month without fail.I’ve heard of some offices also insisting on proof it’s from a pension, but I think it’s a minority.
Ronald *******
OPCan I transfer that or does it have to be direct deposit ?
Steve **********
@Ronald ******
Has to show in your Thai Bank Account as FTT ( foreign transfer transaction ) showing your monthly income ' here ' is from 'there '.Ronald *******
OP@David ******
Khon Kaen
Chris *******
Where do you plan to stay, in Thailand?
Ronald *******
OP@Chris ******
Will be staying in Khon Kaen.Chris *******
@Ronald ******
ok.. because i know a very good agent but he stay in Bangkok 😌Chris *******
Check your message request
Chris *******
@Randy *****
i already sent dm 😊😊Randy ******
@Chris ******
yes please! I am eligible for retirement visa as I am over 50 years old. ThanksChris *******
@Randy *****
i ll send you DM, is it for a retirement visa?Randy ******
@Chris ******
Can you please share the name of your agent in BKK?Activity
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