ask
Search
Ask
Answered6 years ago

What are the current retirement visa requirements in Chiang Mai, including issues related to insurance?

Wilkes ***********
asked Oct 6, 2020
5.4k
views
46
replies
9
likes
What 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
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.
46 repliesnewest first
15

Click comment and we will ask for your email, then OTP, then name.

John ********
John ********
What are people paying for insurance
Steve **********
Steve **********
You got it...welcome !
Alessandro **********
Alessandro **********
Add TM30
John ********
John ********
The cost is 1900 b with the right paperwork.And a few hours at imigration anyone who pays 32k is nuts.
John ********
John ********
Thats 800 quid for 47,50 your the one that needs to re assess their lifestyle.
Todd *********
Todd *********
@Jo**
😂😂😂 I can lend u the 800 quid if u need.
Todd *********
Todd *********
anyone with enough time on their hands to sit around at immigration needs to re-assess their lifestyle
Steve **********
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 *********
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 🤷‍♂️
Todd *********
Todd *********
I just sent 32k an agency and let them handle all that shit.
Todd *********
Todd *********
Thai Visa Centre. Excellent service
Ralph ***********
Ralph ***********
@Todd ********
*********************************************************************************************************************************************************
*******
/05/american-thai-wife-arrested-operating-an-illegal-visa-business-in-bangkok-using-fake-stamps/
Simon *******
Simon *******
@Todd ********
name of agency please
Todd *********
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
Ralph ***********
Ralph ***********
Brad Rock I don't think they need a tree to hide themselves. We live in the year 2020.
Todd *********
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?
Ralph ***********
Ralph ***********
David Broadfoot I know for sure that the Thai government is monitoring this group. 🕵️‍♀️
Ralph ***********
Ralph ***********
David Broadfoot Todd will not be in Thailand for Christmas. Any bets?
Steve **********
Steve **********
@Todd ********
very very expensive...actually 2 or 3 times rate
Todd *********
Todd *********
@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 wisely
Todd *********
Todd *********
David Broadfoot u still yapping? I had a chihuahua like you once 😂
Todd *********
Todd *********
David lets have a beer 🍺 and discuss next Christmas.... maybe u can sell some of those stamps online in the meanwhile 👌
Todd *********
Todd *********
David stick to 0.5% PA (taxable) then mate 🙂 looks good on you
Todd *********
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 *********
Tod *********
Boy that was a fail any way you sliced it
@To**
:P
Glen ********
Glen ********
@Tod ********
What a start to Thailand... Could have bought a buffalo for that or fix a well
Todd *********
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 ***********
Wilkes ***********
OP
@Todd ********
That’s very interesting. Having the 800K THB equivalent outside of Thailand generating 6%. I didn’t know about that. Very cool.
Stuart *********
Stuart *********
@Todd ********
The actual cost of the extension is 1,900 baht. Most people DIY if they have the financial requirements etc.
Todd *********
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.
Stuart *********
Stuart *********
What visa did you originally enter Thailand on? A non O or a non OA?
Dominic ****
Dominic ****
@Stuart ********
looks like he's asking about getting a visa not extending one, so it's doubtful he's on one of those
Stuart *********
Stuart *********
@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.
Kathy ****************
Kathy ****************
Thanks
Kathy ****************
Kathy ****************
@Stu***
got it..
Stuart *********
Stuart *********
@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 ****************
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 800,000
Stuart *********
Stuart *********
@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 ****************
Kathy ****************
@Stu***
only need
*****
0 if OX
Wilkes ***********
Wilkes ***********
OP
Ben ****
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 ***********
Wilkes ***********
OP
@Stuart ********
Excellent response!!! Thank you so much. I apologize for the lack of clarity in my original question.
Stuart *********
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.
Wilkes ***********
Wilkes ***********
OP
My insurance coverage is good until then as well.
Wilkes ***********
Wilkes ***********
OP
@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 *********
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.

Activity

15 joined
Wilkes ***********
Wilkes ***********
Wilkes ***********
Wilkes ***********
Wilkes ***********
Wilkes ***********
15
people
Thai Visa Advice and Everything Else
Thai Visa Advice and Everything Else
...members60% approval
Member 1
Member 2
Member 3
Member 4
Member 5
Member 6
Member 7
Member 8

Related

25
What are the best long-term visa options for a US citizen spending extended time in Thailand, particularly for Koh Chang?
865262mo
What are the financial requirements for applying for a Non-O visa from the UK?
1.4k1483mo
How do you renew a retirement visa in Thailand, especially for those who are disabled?
3.7k34333mo
How can I apply for a retirement visa in Thailand and what are the financial requirements?
4.9k31534mo
What documents are needed to apply for a Thai Non-O retirement visa from Vientiane?
2k16187mo
How can a 70-year-old UK citizen apply for an initial 90-day Non-O visa in Thailand without being married?
4.3k37418mo
How can I apply for a one-year extension on my Non-O retirement visa in Chiang Mai?
1.6k12169mo
Do I need health insurance when applying for a 90-day Non-O visa in Thailand?
4.1k32421y
Do I need to report my change of address when renewing my Non-O visa in Thailand?
835641y
Should I start the O-A visa process in the US or apply for a Non-O visa to get my retirement visa in Thailand?
4.1k31471y
What are the requirements for applying for a Non-O visa in Thailand based on retirement, particularly regarding bank funds?
2.5k20182y
What are the actual requirements for obtaining a retirement visa in Thailand?
2k12102y
What are the requirements to obtain a DTV through the medical appointment route while currently on a type O visa in Thailand?
1.2k712y
What is the process for obtaining a TM30 receipt for extending a Non-O visa in Thailand?
2.9k9142y
What are the requirements for applying for a 90-day Non-O (retirement) visa at Surat Thani immigration?
1.4k1173y
Can I obtain a resident certificate in Chiang Mai if I actually live in Sukhothai?
562225y
Should I apply for a Non-O-A or Non-O-X retirement visa from the UK?
4.3k35385y
What are the current requirements and appointment details for applying for an extension of stay on a Non-O retirement visa in Thailand?
3255y
What paperwork do I need to open a bank account in Thailand on a retirement visa?
1.9k14145y
What are the best options for cheap insurance to renew a retirement visa in Thailand?
1.2k885y
What type of visa do I need to retire in Thailand with my Thai wife?
3k22245y
Will my financial history affect the renewal of my Non-O retirement visa in Thailand?
1.4k5216y
Can you convert a tourist visa to a Non-O visa in Thailand?
2.2k11306y
What is the best visa option for obtaining a retirement visa in Thailand while ensuring the necessary funds are maintained in a Thai bank account?
4.6k44276y
Can my husband apply for a retirement visa when he turns 50, considering he is currently on a dependent visa?
1.3k978y

Resources

Need help with your retirement visa?