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What are the current retirement visa requirements in Chiang Mai, including issues related to insurance?
retirement visaChiang Mai immigrationThailand visa requirementsTM7 formfinancial requirementsinsurance for retireesNon-O visaNon-OA visaTM30 form
Oct 6, 2020
6 years ago
Wilkes ***********
ORIGINAL POSTERWhat are the current requirements at Chiang Mai immigration for a retirement visa? I understand insurance might be required but I don’t that requirement listed in my research. I have the $100,000 insurance policy (includes Covid) which I used to get back into the country last July which has 9 months left on it. Here are some examples of listed requirements for application.
A completed TM7 form. (You can download this TM.7 Form from our website)
Your passport.
Two passport sized photos (4 x 6 cm).
Copies of your passport and the relevant pages.
A copy of your bank book or passbook.
A letter from your Thai bank confirming the status of your account.
And this.
Must be 50 years old and above
Passport (signed copies of each page)
Non-Immigrant Visa
Departure Card TM.6
Proof of meeting Financial Requirements
Thai Bank Book (original)
Letter from your Thai Bank
Three(3) 4×5 cm photos, with full face taken
A completed TM7 form. (You can download this TM.7 Form from our website)
Your passport.
Two passport sized photos (4 x 6 cm).
Copies of your passport and the relevant pages.
A copy of your bank book or passbook.
A letter from your Thai bank confirming the status of your account.
And this.
Must be 50 years old and above
Passport (signed copies of each page)
Non-Immigrant Visa
Departure Card TM.6
Proof of meeting Financial Requirements
Thai Bank Book (original)
Letter from your Thai Bank
Three(3) 4×5 cm photos, with full face taken
TLDR : Answer Summary
The current requirements for obtaining a retirement visa in Chiang Mai include a completed TM7 form, passport, two passport-sized photos, copies of the passport and relevant pages, a bank book or passbook, and a letter from a Thai bank confirming your account status. Applicants must be at least 50 years old and must also submit proof of financial requirements. While insurance may not be explicitly mentioned in some sources, having a valid insurance policy, especially one covering COVID-19, is advisable. Comments from the community suggest actual costs for managing these applications are generally lower than agency fees, and there are additional required documents like the TM30 form.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
- For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
- Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
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John ********
What are people paying for insurance
Steve **********
You got it...welcome !
Alessandro **********
Add TM30
John ********
The cost is 1900 b with the right paperwork.And a few hours at imigration anyone who pays 32k is nuts.
John ********
Thats 800 quid for 47,50 your the one that needs to re assess their lifestyle.
Todd *********
@Jo**
😂😂😂 I can lend u the 800 quid if u need. Reply to
Todd *********
Reply
Todd *********
anyone with enough time on their hands to sit around at immigration needs to re-assess their lifestyle
Steve **********
@To**
yeah I’m pretty busy. Between daily trips to the gym and cutting the grass once a week I’m knackered. It’s a real bitch finding the time to go to immigration once a year and drop off some papers. Good point 👍🏻👍🏻
🤦♂️🤦♂️🤦♂️
Todd *********
@St***
if that’s what you love - go for it man! Looks like a great time. I also pointed out the math financially. I guess u love sitting in banks opening accounts and arranging transfer and proof of income statements more than I do 🤷♂️Reply to
Todd *********
Reply
Todd *********
I just sent 32k an agency and let them handle all that shit.
Todd *********
Thai Visa Centre. Excellent service
Ralph ***********
@Todd ********
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/05/american-thai-wife-arrested-operating-an-illegal-visa-business-in-bangkok-using-fake-stamps/Reply to
Ralph ***********
Reply
Simon *******
@Todd ********
name of agency please Todd *********
@Simon ******
Thai Visa Centre Bangkok. Very professional, slick process. And dead easy. They keep you updated at each step. And no need to waste your time. Lots of good testimonials on their FB page Reply to
Todd *********
Reply
Ralph ***********
Brad Rock I don't think they need a tree to hide themselves. We live in the year 2020.
Todd *********
@Ra***
maybe they haven’t noticed this building hiding in Bangkok.... do you think? Or have you been under a rock for the last decade? Reply to
Todd *********
Reply
Ralph ***********
David Broadfoot I know for sure that the Thai government is monitoring this group. 🕵️♀️
Ralph ***********
David Broadfoot Todd will not be in Thailand for Christmas. Any bets?
Steve **********
@Todd ********
very very expensive...actually 2 or 3 times rateTodd *********
@St***
I explained the math clearly above. I’m far ahead of the game financially and more importantly... time wise. For others - saving a few baht and running around like a chicken 🐔 makes sense. But I’m simply saying there is an option. Choose wiselyReply to
Todd *********
Reply
Todd *********
David Broadfoot u still yapping? I had a chihuahua like you once 😂
Todd *********
David lets have a beer 🍺 and discuss next Christmas.... maybe u can sell some of those stamps online in the meanwhile 👌
Todd *********
David stick to 0.5% PA (taxable) then mate 🙂 looks good on you
Todd *********
David Lol. No. I got one thru a legitimate agency like many thousands of humans a year. But I love your enthusiastic bullshit spreader 😂 . Keep it up. Must make u feel good.
Tod *********
Boy that was a fail any way you sliced it
@To**
:P Glen ********
@Tod ********
What a start to Thailand... Could have bought a buffalo for that or fix a well Todd *********
@T**
well, lemme see.... 15 months $32k. Spent 0 mins and 0 seconds collecting all this paperwork and running around like a trained 🐒. Left 800k baht equivalent outside Thailand generating 6% at present in a no tax jurisdiction. That’s 48k baht annually which more than the covers the recurring costs in perpetuity. Sounds like you just don’t do enough slicing? Or if one has nothing to do in life and only 1900 baht to spend... you have lots of time to fill them in on the mundane minutiae. But that sure sounds like no fun at all.Wilkes ***********
ORIGINAL POSTER@Todd ********
That’s very interesting. Having the 800K THB equivalent outside of Thailand generating 6%. I didn’t know about that. Very cool. Reply to
Wilkes ***********
Reply
Stuart *********
@Todd ********
The actual cost of the extension is 1,900 baht. Most people DIY if they have the financial requirements etc. Todd *********
@Stu***
I can appreciate their love of days wasted inside the hellhole that is any global immigration center. Just not my thing. And a little financial acumen and time appreciation will quickly point them in a better direction. Reply to
Todd *********
Reply
Stuart *********
What visa did you originally enter Thailand on? A non O or a non OA?
Dominic ****
@Stuart ********
looks like he's asking about getting a visa not extending one, so it's doubtful he's on one of thoseStuart *********
@Dominic ********
my read was that although he’s asking about a “visa” what he really means is an extension of stay. Without clarification it’s hard to help. Stuart *********
I am confused because he said he got in in July and his current visa is valid for another 9 months which would indicate a OA visa but I don’t think OA holders were allowed in back in July.
Wilkes ***********
ORIGINAL POSTER@Stuart ********
I have an O good until 12 July 2021 but my entry stamp gives me until 15 October 2020. I could go marriage extension but retirement extension appears easier. Stuart *********
@Wilkes **********
ok you came in on a non O based on marriage and got stamped for 90 days. Your multiple entry option for that visa is useless at this moment in time. To get the marriage extension you need 400k in a Thai bank in your name only for 2 months prior to applying. To get a retirement extension you need 800k in a Thai bank in your name 2 months prior and 3 months after. The balance cannot go below 400k year round. There are monthly income or international transfers each month if you don’t have the lump sum option. There is no requirement for insurance for either of these extensions. You only need that for an extension based on an initial OA entry.Kathy ****************
@Stu***
only need *****
0 if OXStuart *********
@Kathy ***************
I’m not sure what you mean. For any retirement extension you need 800k. (Unless you’re doing monthly transfers or embassy affidavits). Kathy ****************
@Stuart ********
to apply for a OA ( 1 year)visa in the US it states you do not have to have monies amount however for the OX (10 year) you must have 800,000Stuart *********
@Kathy ***************
on the initial purchase of a visa then you need to meet the requirements of that visa with funds in your local home bank account. (or a Thai bank in many cases) For an extension of that visa in Thailand the funds must be in a local Thai bank. Kathy ****************
Thanks
Kathy ****************
@Stu***
got it..Wilkes ***********
ORIGINAL POSTER@Stuart ********
Excellent response!!! Thank you so much. I apologize for the lack of clarity in my original question. Ben ****
@Wilkes **********
depending on the country you are from, you might be able to use an income declaration from your embassy instead of money in the bank Your name sounds Dutch, if so, you could get a "visum ondersteuningsbrief"
Wilkes ***********
ORIGINAL POSTER@Ben ********
Thanks. Wilkes ***********
ORIGINAL POSTERMy insurance coverage is good until then as well.
Reply to
Wilkes ***********
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