What are the financial requirements for applying for a 90-day Non-O retirement visa from the USA?

When I came to Thailand I acquired an OA visa in Los Angeles. It made everything a lot easier, when moving to Thailand a couple months later. I was able to bring in 800,000 and open a bank account the day after I arrived. The next year I transferred to the Non O in Thailand and had everything set up from before. Now they require you to have health insurance but that wasn’t a deal breaker for me. And why would anyone move to a foreign country without health insurance? You can get basic in hospital coverage for one hundred dollars a month for the minimum requirement. I’m 70 and my health insurance is $150 usd a month now for $200,000 in coverage.

Doug Olson . . . . Well, there are several roads leading to the 90-days Non-Imm-O retirement visa and to the subsequent 1-year extended stay permit based on retirement

We are talking about the most common and persisting misunderstandings regarding the rules that come with applying for the “retirement visa” and the subsequent “one-year extension of stay permit based on retirement”. Misunderstandings happen because a “retirement visa” can mean 7 different visas and stay permits

The best way is to show up in Thailand on a 90-days single entry Non-Imm-O Retirement/over 50 visa” as it will get you a 90-days stay permit stamped. Within this period you have plenty of time to arrange for the application to the “1-year extended stay permit”

In order to apply for the “90-days single entry Non-Imm-O retirement visa” through the online E-visa system at the Royal Thai Embassy of your home country, you can use the proof of income of a monthly minimum of 65.000.- THB, by using your original pension or other income documentation.

Or you can use a deposit of a minimum of 800.000.- THB or the equivalent in your home country currency, or on your home bank account, or on a Thai bank, or just anywhere in the World – as long as it is in your sole name

However, for the application inside Thailand, for the “1-year extension of stay permit” out of the 90-days Non-Imm-O retirement visa, if you are a citizen of a country whose embassy in Thailand does not issue the “income affidavit” any more (these are the embassies of USA, UK and Australia) you would need a “12 months bank statement”, showing that for the past 12 months, you have been transferring from abroad to your Thai bank account a minimum of 65,000 THB, consecutively month for month.

If your embassy still issues an affidavit of income, you can use this method for the financial proof, which needs a monthly income or pension of a minimum of 65,000 THB

For British, Australian and U.S. citizens, in the first year there is no other way around, than depositing a minimum of 800,000 THB in your Thai bank account and use this deposit for the financial proof which is required for the application to the “one year extension of stay permit based on being over 50/retired”

The alternative would be, if you don’t have that kind of money or are not willing to deposit in a Thai Bank account is, paying an agent to “arrange” the requirements, which I, however, do not recommend

As soon as you have accumulated the 12 consecutive months of 65,000 THB transfers year all you need to do is apply for the next 1year extension of the stay permit, using the 12- months bank statement to prove 12 months of transfers from abroad.

This application to a 1Year Extension costs a 1900 THB fee and you can theoretically do it all by yourself, or accept the help of an agent for the simplified legal service.

NOTE: It is income OR deposit.

However, there is a third method, called the “combination method”:

A combination mix of income and deposit. Some immigrations don’t allow the combination method in the first year.

And some Immigration want the deposit part to exceed 400,000 THB.

The combination method means that the sum of the deposit AND the monthly income exceeds 800,000 THB in one year.

But let’s continue with the “normal method” (visa issued in your home country, followed by the application to the 1-year Extension inside Thailand):

On the day of application to the 1-year extension, the 800,000 THB need to have “seasoned” in your account for two months, and this has to be proven with the “bank letter of guarantee” (rab roong thanakan).

After been issued the “1-year Extension of the Stay Permit based on Retirement”, the 800K need to remain in the account for 3 more months. After these 3 months, the deposit shall never go under 400,000 THB. And before you’re the application for the next “1-year Extension of Stay”, a minimum of 800,000 THB must have seasoned in the account for two months, again

On the day you get issued the “1-year extension of stay permit”, you should buy a re-entry permit for it.

A re-entry permit will keep your stay permit alive in case you exit Thailand before the expiry of the 1-year stay permit.

A single re-entry permit is 1000 THB on Immigration. A multi re-entry is 3800 THB. With a multi re-entry permit, you could exit and re-enter as many times as you wish during the whole stay permit period.

I just revived my non O 90 day vusa. You need to attach a US bank account statement showing you have sufficient funds to sustain yourself. Once you get to Thailand and open an account you need to transfer 0 Bahts for one year extension

Get your 90 day Non O from the embassy in your home country. Turn up to Thailand and you have 90 days from when you land to sort everything out. Go to an agent and they will sort out a visa, bank account, driving licences and a TM30 which is just proof of residence. Can be a long stay hotel no problem until you get settled in. Then you can look for a condo. With all that in place you can then buy a motorcycle or car. If you are heading to Pattaya I highly recommend One Stop Visa in Soi 6. They just take complete care of everything and alleviate all your concerns.

@Doug ******

I am right behind you and trying to understand this and if I am able to do It on my own. Thank

LA embassy wanted to see 3 months of either a balance of over ß800k or deposits rising ß65k each month.

Yes, just did the Non O while in the the US in May. You need 3 months of bank statements. I forget the amount required to show, but it wasn't a large amount

To apply for the initial 90 day Non-O visa in your home country you show funds in your home country

Get OX from the states

I think it’s the reading and inquiring that cause the confusion! 🤷‍♀️ It seems one article or comment would contradict the other. I just did the DTV out of Canada and my head was spinning! Hope you get everything figured out.

Go to the Thai embassy website in Washington DC and review their requirements. You either need a certain amount of funds or must demonstrate monthly income..

The "facts" come from the embassy you'll be applying at. But yes, non-O has a financial requirement. The exact amount and how long you have to show it for are up to the embassy you'll be applying at. They don't require you to have a Thai bank account, it's immigration in Thailand that requires that.