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Answered8 years ago

What are the financial requirements for obtaining a retirement visa in Thailand with a monthly income of $600?

Jody ******
asked Jul 24, 2018
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I’m considering getting a retirement visa. What I need to know, is, if my income is only 600usd month, how much do I need to have in my savings account to be eligible?
Answer summary
To qualify for a retirement visa in Thailand, you typically need to demonstrate a financial capability. For a monthly income of $600, it's generally required to have savings of at least ฿600,000 (approximately $20,000). Additionally, it's important to note that there are multiple types of retirement visas and specific application procedures that vary depending on the consulate location.
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David ************
David ************
While it's possible you may want to look at how you will live on $600 a month here. While cheaper than the US it is getting more and more expensive.
Jody ******
Jody ******
OP
Y’all been very helpful thanks… I did do a lot of research but then started getting quite mixed up. Thanks for some clarification
Rob ********
Rob ********
@Steve ******
only if you’re not white and privileged and a card carrying member of the United Trump States of Gilead. Can’t speak for the UK but clearly I don’t know why any non Brit would wanna expatriate there anyway given the high cost of living
Steve *******
Steve *******
@Rob *******
I think you'll find the US or UK is far better for getting mixed up with immigration issues
Rob ********
Rob ********
Thailand is the best place for getting mixed up with immigration issues. That’s why this group and tod are invaluable. We sold our house in Walnut Creek which was paid for so we have enough money to live in Thailand for about 165 years (ok I’m exaggerating a bit)
Mike ********
Mike ********
About ฿600k or $20k
Mike ********
Mike ********
@Tod ********
you are correct as always 😉 but I think she was trying to figure future a budget.
Tod *********
Tod *********
she wouldn't need to bank a baht in a thai bank IF she applies for the Non-O-A visa in the US before she wings her way here ;) She'd only need that after the second year on that visa when she would apply for an extension of stay :)
Tod *********
Tod *********
You also need to understand there are more than one type of thing that people talk about when referring to a 'retirement visa'.

Read this and decide what way you want to go

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Jody ******
Jody ******
OP
Thank you for your information I really appreciate it..
Jody ******
Jody ******
OP
Just the retirement visa The one that you renew once a year
Mike ********
Mike ********
@Jody *****
if your son is here depending on his financial situation yo have another option, Dependent Visa, under your son.
Jackie ******
Jackie ******
@Jody *****
I use site a bunch. Very helpful and information is quite good. Do searches also. Very helpful and keeps tod and the boyz available for new questions that haven't been asked. then if still not sure, post your question here. I found all sorts of useful info searching first, then confirming after. Good luck. I am out of the US, never live there full time again. but, like i said, keeping my rent control apartment. great location, huge flat, great transport area (public). if i need to go to the US, I have a place. works out nicely for me.
Jody ******
Jody ******
OP
@Jackie *****
actually I live in Santa Cruz. My son has been living in Thailand for the last 15 years and I have been considering moving for quite a number of years. Been there half a dozen times, I love this site because no one I know there gives me a straight answer..lol
Tod *********
Tod *********
@Jody *****
Remember when you apply in your country before you wing your way here you don't need to bank any money in a thai bank account you use the bank account in your country to hit the financial requirements.

Also the Los Angeles consulate does accept applications by post.
Tod *********
Tod *********
@Jo**
These are the requirements for the thai consulate in Los Angeles to issue a year-long, multi-entry Non-Immigrant Type O-A visa

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Jackie ******
Jackie ******
@Jody *****
JR, you from SF? I live Haight Ashbury last 37 years. Now in Thailand but keep my rent control apartment. Never give that up, ever. Gold mine
Jody ******
Jody ******
OP
Oh I’m glad I asked! I iMagine I have to apply in person
Tod *********
Tod *********
You can get the Non-O-A (Long Stay) visa only from the thai consulates in Chicago, Los Angeles, New York & Washington DC.
Tod *********
Tod *********
You can't get a "retirement visa" (Non-O-A year long, multi-entry) from the thai consulate in San Fransisco
Robert *******
Robert *******
Where do you apply and what kind or visa you want or is it an Extension of Stay?
Tod *********
Tod *********
about 570K baht
Jody ******
Jody ******
OP
Thank you

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