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Answered7 years ago

What are the requirements for a Retirement Visa in Thailand after 20 years of residence?

Robert *************
asked Nov 25, 2019
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Looking for informantion on being retired in Thailand for 20 years and would like to only have to have 200,000 baht in bank not 800,000?
Answer summary
The discussion revolves around the requirements for maintaining a Retirement Visa in Thailand, specifically regarding the bank balance criteria. Someone looking to stay in Thailand for 20 years is inquiring about the possibility of only needing 200,000 baht in the bank instead of the usual 800,000 baht, referencing a change in rules from 1998 that allows for 'grandfathering' provisions for individuals who entered Thailand and obtained extensions prior to that date.
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Wayne **********
Wayne **********
@Tod ********
..."UNBROKEN" means that any travel outta Thailand must have been under a re-entry permit? Thereby not requiriung a new Visa application, nor affecting the extension of stay?
Tod *********
Tod *********
correct, exiting/re-entering on any extension requires a re-entry permit or you lose the extension, and the minute you break the chain you're off grandfathering.
Tod *********
Tod *********
@Robert ************
, keep in mind this grandfathering rule is ONLY applicable to someone who entered BEFORE Oct 21, 1998 and has been on UNBROKEN yearly extensions of stays based on "retirement" every year since then.
Robert *************
Robert *************
OP
Robert *************
Robert *************
OP
@Tod ********
yes thank you my friend has been here that long
Gregor **********
Gregor **********
i found this picture recently . . it explains the grandfathering rule . . . it shows the date as being 21st October 1998
Robert *************
Robert *************
OP
Thank you and Thank Thai Visa Advise ๐Ÿ™๐Ÿ™๐Ÿ™
Ron *******
Ron *******
Anybody already on it will be at least 71 years old
Robert *************
Robert *************
OP
checking for a friend who is 74 thanks
Peter *******
Peter *******
Consecutive over 50 retirement extensions since 1998. Robert B. did not know you were that old ๐Ÿ˜
Robert *******
Robert *******
not really understand why you search this information, people who are already 23 years on consecutively Extension of Stay, should in normal health now the requirements.
Robert *******
Robert *******
Written in the latest Police Order. Please visit this website, click on the pdf letters in the dark grey area, scroll down to page 8 of 11 and read point 7,
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*****
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Robert **********
Robert **********
OP means extension of stay based on being over 50 1998 or before
Robert *************
Robert *************
OP
do you have the Thia Memo on that?
Robert *******
Robert *******
People who had an Extension of Stay based on being over 50 years of age before this change (Edit: made in 1998) and applied every year for a new Extension of Stay based on being over 50 years of age, would still have to meet the old requirement of 200.000 Thb.
Robert *************
Robert *************
OP
thank you
Robert *******
Robert *******
i guess you try to refer to the last rule change in amount of banked money for the Extension of Stay based on being over 50 years of age, made in 1998.
Micha *********
Micha *********
Perhaps a Non-Immigrant O Visa? Checked requirements on relevant Thai embassy or consulate?

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