What are the next steps after obtaining an OA 1-year Retirement Visa in Thailand?

Dec 28, 2020
4 years ago
Paul *******
ORIGINAL POSTER
Obtained OA 1yr Retirement Visa. Quarantine done. Was very challenging. Now what?

I want to do all requirements.

1) Financial Requirements: Have a bank account:

Am I supposed to deposit money monthly?

How much? Or?

2) Check in update immigration every 90 days? Online? Arrived Dec 6th.

3) At hotel: Once I have an apartment...

When do I notify imagination of address change?

4) What else? Oh.. resident discount card? 🙂
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TLDR : Answer Summary
After obtaining an OA 1-year Retirement Visa in Thailand, you need to fulfill several obligations: 1. **Financial Requirements**: To maintain your visa, you must have a Thai bank account with either a minimum deposit of 65,000 baht per month or a total of 800,000 baht deposited for at least 2 months before applying for your visa renewal. 2. **90-Day Reporting**: You must report your residence to immigration every 90 days. The first report is due 90 days after your arrival date. 3. **Address Notification (TM30)**: Notify immigration of your address change within 24 hours of moving from your hotel to a new apartment. 4. **Additional Considerations**: Some users mentioned the possibility of obtaining an additional resident discount card, although this is not universally available. 5. **Practical Steps**: Open a bank account (get a Certificate of Residence if necessary) and ensure all financial transfers are timely to avoid issues with visa renewals.
NON-O RETIREMENT VISA RESOURCES / SERVICES
  • Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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  • Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
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Gregor **********
he should do the first money transfer THIS month AND DON'T WAIT. If he waits until January, he might fall short of one month for the "12 months incoming money" proof
Evan ********
Surprised no one mentioned that if things improve and it becomes possible to do a short border hop, you can actually get nearly 2 years out of that O-A visa. Then you won’t need to worry till a year later! As Tod said, you may already have a shortened 1st year due to when your insurance runs out and you’ll need to renew it too.

Probably good to keep your income arrangements going though as no one knows how long this Covid situation will drag on!
Tod *********
While you are correct,
@Ev**
no one mentioned it because we're so far away from "if things improve" that it's not even worth mentioning right now :/
Evan ********
@Tod ********
yep however it is probably around a year’s time 🤞and it will be pretty depressing if borders and travel aren’t open by then with vaccines mostly received by those wanting it.
Tod *********
Still
@Ev**
, thanx for mentioning it. It IS a viable option to get another year entry stamp (providing you have another year insurance at that time too)
Chris *******
1/ easy just go to a bank and open an account. Retirement visa allows you. You will first need to go to jom tiem and get a “Certificate of Residence” easy to get. Then go to bank.

2/ 90 days past December the 6th, you can do it online I think.

3/ immediately on leaving hotel to move into house or condo, within 24 hours.

4/ not sure about this
Benjamin ******
>You will first need to go to jom tiem and get a “Certificate of Residence” easy to get. Then go to bank.

The OP isn't in Jom tiem, he's in Bangkok. Different banks have different requirements, ask the baks.

>2/ 90 days past December the 6th, you can do it online I think.

The first 90 day report after arriving in Thailand must be done in person or in mail.
Chris *******
@Benjamin *****
Well if he’s in Bangkok he obviously will go to his local immigration.

And I said on point 2, I think. As in, he needs to check it out and ensure himself.

If people don’t double check and rely on a Facebook group rather than going to the bank and asking, or going to immigration to check. It’s not my issue when they have an issue.
John **********
3) I believe you’re supposed to file tm30 within 24 hours of arrival at your address
Tod *********
As far as the financial requirements to get a yearly extension of stay next year when this current entry stamp runs out, you would either transfer in to the country into a thai bank account in your name only a minimum of 65K baht a month each month every month for the preceding 12 months

OR

You bank 800K baht in a thai bank account in your name only for 2 months before you apply for your next extension, keep it in there for 3 months after the extension is granted and then never let the balance go below 400K baht the rest of the year.

OR

You use a combination of the two; part banked money (still has to be seasoned the required amount of time) and part monthly transfers (still has to be 12 months of transfers) to total 800K baht for the year
Paul *******
ORIGINAL POSTER
@Tod ********
if I chose to transfer 65k each month, do I need to show the full cumulative balance for renewal? Basically 800k.

- Or can I spend the money down?
Tod *********
@Paul ******
as far as the transfers, you can bring the money in and spend it right down. It's just incoming international transfers that you show every month. The balance on the account isn't important using monthly income method.
Tod *********
@Paul ******
in Bangkok you only need a filled out TM47 form (and a TM30 receipt) to do a 90 day report. BUT at this time you don't do a 90 day report at Chaengwattana (the govt complex) you do it at the alternate immigration office out at Muang Thong Thani (and that's also where you file a TM30 in person too).
Paul *******
ORIGINAL POSTER
@Tod ********
Thank you so much. You’ve been very helpful as always.

- Is there a guidance sheet/post on: How to submit the 90 day report?
Tod *********
@Paul ******
type in 90 day report in the search tab and see what comes up or Google it. ;)

Totally depends on the office you are going to use as far as what's required (and there are over 70 immigration offices in the country) so there is no "one size fits all" list of docs.. Some only require a filled out TM47 90 day report form and your passport, some require the TM30 receipt. post in a f/b group related to where you will live in thailand and ask
Paul *******
ORIGINAL POSTER
@Tod ********
I’m living in Bangkok
Paul *******
ORIGINAL POSTER
I’ll try a BKK group. Thanks
Tod *********
There is no "resident discount card" welcome to thailand..
Tod *********
- with an O-A (Long Stay) visa you should have been stamped in a year from the date you arrived (OR as long as your health insurance was valid up to one year)

- Your FIRST 90 day report is due on 5th March

- The hotel will register you as a foreigner staying there, and when you get a place either you or your land lord files the TM30 (notification of foreigner in residence)
Paul *******
ORIGINAL POSTER
@Tod ********
Thank you Tod.

March 5th 90 day report.

In person or online?

Financial? Deposits?
Tod *********
@Pa**
you do your first 90 day report in person (or by mail IF the office you use allows it) to get into the data base and after that you can use the online system.

I mentioned the financial requirements further down.
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