This is NOT an official government website. We are an independent resource providing information and assistance to travelers.
What are the financial requirements for a Thailand retirement visa, specifically for the Non-O and Non-OA visa categories?
Retirement VisaNon-O VisaNon-OA VisaFinancial Requirements800,000 Baht65,000 Baht per MonthImmigrationThailand Visa Rules
Jun 8, 2023
3 years ago
Lopsee **********
ORIGINAL POSTERRetirement visa financial requirement confusion.....so you need 800,000 in the bank PLUS 65,000 per month? Does it change if you want to bring spouse and kids? And then somewhere I read...you need 3 million baht as well. Anyhow can tell me which one is it?
TLDR : Answer Summary
The financial requirements for a retirement visa in Thailand can be confusing. For the Non-O and Non-OA visas, you can choose either to have 800,000 Baht in a Thai bank account or to have a monthly income of 65,000 Baht for the previous 12 months. While the 800,000 Baht must be maintained in the bank for at least 2 months prior to applying, the 65,000 Baht must be deposited monthly over the last year. Additionally, the Non-OX visa has a higher requirement of 3 million Baht. Spouses can apply for a Non-O visa as trailing spouses, but there are specific conditions for their application.
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.
Pelle Eriksson★★★★★
Absolutely Bangkok's best service I highly...recently on Facebook
Luca G.★★★★★
I used this agency for my DTV Visa...recently on Google
Trusted Retirement Visa Agent
OVER 100,000 EXPATS SERVED
#1 VISA AGENT IN THAILAND
Frank **********
I think you are confusing the different types of visas and their requirements. It is not a mix and match. Each visa requires a specific process.
Henrik ****
@Frank *********
, yes, the 3 M THB is for the OX while the 800k and 65k per month are two options for O and OA.Reply to
Henrik ****
Reply
Hathaway *************
The more answers I read the more confused I get, so........
800k in Thai bank for 2 months
Or
65k per month over preceding 12 months.
If both are correct and I deposit 65k per month does every baht need to remain, or can I use/withdraw/transfer as I see fit?
Asking for a friend 🤣
800k in Thai bank for 2 months
Or
65k per month over preceding 12 months.
If both are correct and I deposit 65k per month does every baht need to remain, or can I use/withdraw/transfer as I see fit?
Asking for a friend 🤣
เจสัน ******
@Hathaway ************
Bank the 800k and leave alone.Then during the same year keep depositing 65K+ monthly. (12 deposits)
Come renewal time you will have evidence to either remain on the 800k deposit or change to the monthly route to justify your first extension.
The choice is yours.
You will earn practically no interest on your 800k so it's probably better to reinvest that elsewhere if you choose the income route.
Hathaway *************
So by the 12 months of the 1st year you bank will hold 800k + 12x65k is that right?
Hathaway *************
As an engineer my brain works better with non ambitious pictures and charts, so this is what I think I understand to be correct
Lopsee **********
ORIGINAL POSTER@Hathaway ************
OR 65k income show for 12 months to get the initial visaHathaway *************
@Lopsee *********
Oh, so if I began 65k transfers today I could have my retirement O 12 months later, do you speak from experience?Lopsee **********
ORIGINAL POSTER@Hathaway ************
as I am the OP asking the question I don't speak from the experience 🤣just from what everyone has said.Reply to
Lopsee **********
Reply
Lopsee **********
ORIGINAL POSTER@Hathaway ************
no first year 800k in the bank for 3 monthsReply to
Lopsee **********
Reply
Will ************
@Hathaway ************
800k in 2 months before the date you apply for the 1 yr extension. Leave it there for 3 months after, then it CANNOT drop below 400k for the full year. You can switch to the 65k income route BUT in the first year the above rules apply. So you must have 65k transferred into your Thai bank account every month for 12 consecutive months in order to apply for second yr extension. Bank statements must be provided to show your account did not drop below 400k and all deposits were at least 65k to get the second year. Miss a payment or go under 65k or delays due to month ends/ holidays means your second extension will not go aheadLopsee **********
ORIGINAL POSTER@Hathaway ************
I think 800k in the bank for 3 or 6 months and once 1 year is extended then deposit 65k every month to show bank statement for next year renewal...but yes....i wonder if can use that 65kLopsee **********
ORIGINAL POSTER@Hathaway ************
lol yes and I am the friend 🤣🤣Reply to
Lopsee **********
Reply
Bob **********
You need 800k fro
A foreign transfer for the first extension then immediately start your foreign transfers of 65k for the next year extension
A foreign transfer for the first extension then immediately start your foreign transfers of 65k for the next year extension
Lopsee **********
ORIGINAL POSTER@Bob *********
you mean after a year, transfer 65k per month in Thai bank account? For the other year?Ruth *******
@Lopsee *********
only if he doesn’t want to leave the 800K.Lopsee **********
ORIGINAL POSTER@Ruth ******
so can use that 65k per month? Also, do you need to show how you are getting the 65k per month?Reply to
Lopsee **********
Reply
Bob **********
@Lopsee *********
no start as soon as you can for your second yearGraham ******
@Lopsee *********
No, during your first year ready for your 2nd 12m extensionReply to
Graham ******
Reply
Henrik ****
There are numerous "retirement visas": Non-O (800k), Non-OA (800k), Non-OX (3M), LTR($$$).
John **********
What are you calling a retirement visa? Is it a Non-O or a Non-OA visa?
The financials are the same but the OA has an insurance requirement which I think is where the 3M baht reference comes from.
Your wife can get a Non-O visa as a trailing spouse but she will need to do so outside of Thailand, if you are already in Thailand on a Non-O you need to be on an extension before she can do this. How old are your kids? Will they be going to school?
The financials are the same but the OA has an insurance requirement which I think is where the 3M baht reference comes from.
Your wife can get a Non-O visa as a trailing spouse but she will need to do so outside of Thailand, if you are already in Thailand on a Non-O you need to be on an extension before she can do this. How old are your kids? Will they be going to school?
Lopsee **********
ORIGINAL POSTER@John *********
referring to non-oa as commonly regarded as the retirement visa .Keith ************
@Lopsee *********
there are two visas commonly referred to as a retirement visa. One is the non OA, which you typically get in your home country. The OA has an insurance requirement, but you can meet the financial obligations with money with foreign funds in foreign accounts.The non O requires money in a Thai account. 800,000.
Lopsee **********
ORIGINAL POSTER@Keith ***********
ah that's the only difference? I thought Non O was for other purposes....not retirementJohn **********
@Lopsee *********
the Non-O is used for many different purposes (the O stands for Other I believe)Reply to
John **********
Reply
John **********
@Lopsee *********
both are commonly referred to as the retirement visa hence my question. You will need insurance to get an annual extension as well as meeting the financial requirements etc. Kids should be able to get ED visas. But are you currently inside Thailand and looking to get an extension or looking to apply for the initial Non-OA in your home country? If the latter you don't need any money in a Thai bank at all, you show funds in your home countryLopsee **********
ORIGINAL POSTER@John *********
will be applying from outside Thailand. Kids will be home schooled. Ah...so is non O better? Easier?John **********
@Lopsee *********
the Non-O has no insurance requirement but does require money in a Thai bank. If you get a Non-O before coming to Thailand get one for your wife/husband and kids at the same time as it's much less hassle than doing it from inside Thailand. When you arrive open a bank account and put 800k in it and when in the last 30 days of your 90 day Non-O visa go and apply for a 12 month extension. Note funds must be in a bank account 2 calendar months before applying for the extension. You should all be able to get matching extensions at the same time.Lopsee **********
ORIGINAL POSTER@John *********
thank you. That really helps.Keith ************
@Lopsee *********
imo, the non O is easier. It doesn't have the insurance requirement. But if your priority is keeping money out of Thailand, go for the OA.Reply to
Keith ************
Reply
Lopsee **********
ORIGINAL POSTER@John *********
ah...thx....both kids under 16Reply to
Lopsee **********
Reply
Garrett ***********
No, 800k OR 65k per month for the last 12 months. For your initial you can only do the 800k, after a year if you've transferred in 65k a month you can use that method.
No, there's no 3m baht requiremtn.
No, there's no 3m baht requiremtn.
Henrik ****
@Garrett **********
, for the initial you can do it in your home country on a tax report showing this income.Lopsee **********
ORIGINAL POSTER@Henrik ***
the deposit as well? Need to show how you got it? As it is gift and savings for a long time.Henrik ****
@Lopsee *********
, of course, a tax report doesn't show a deposit. If you want to use the deposit method, then it is almost the same in your home country with a bank statement. Here I am talking about the monthly income method. This might be done in your home country with your tax report. If your tax report doesn't show a net 65k per month, then other documents showing this net income should do it. We are talking about getting the initial visa at the Thai Embassy in your home country.Reply to
Henrik ****
Reply
Lopsee **********
ORIGINAL POSTER@Garrett **********
sorry so is it same amount 800k if you want to bring your spouse and children? (Under 50)Lopsee **********
ORIGINAL POSTER@Garrett **********
ah thx. That helps....also...the "or" part 😆Reply to
Lopsee **********
Reply
94 comments
2 years ago
18 comments
2 years ago
23 comments
2 years ago
6 comments
3 years ago
14 comments
3 years ago
39 comments
3 years ago
20 comments
3 years ago
83 comments
3 years ago
20 comments
3 years ago
13 comments
4 years ago
38 comments
4 years ago
38 comments
4 years ago
20 comments
5 years ago
8 comments
5 years ago
12 comments
5 years ago
21 comments
6 years ago
88 comments
6 years ago
9 comments
6 years ago
11 comments
6 years ago
5 comments
7 years ago
18 comments
8 years ago
20 comments
8 years ago
7 comments
8 years ago
20 comments
8 years ago
13 comments
8 years ago
7 comments
a month ago
9 comments
a month ago
21 comments
a month ago
16 comments
a month ago
8 comments
a month ago
The ask:thailand community, consisting of multiple Q/A groups with over 100,000 members, powers this platform. It is not an official government resource. Our members actively contribute to this resource, and while we strive for accuracy, we cannot guarantee its complete reliability. Assistance to travelers is provided as a community service.