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Answered4 years ago

What are the requirements for Australian retirees to obtain a retirement visa in Thailand?

David *********
asked Oct 23, 2022
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i have noticed for a Australian to retire in Thailand you must so proof of 65,000 a month going into a Thai account my pension will be Approx 50,000 a month but will have 4 million baht in a Thai bank account is this ok for a retiremevi8saretiement
Answer summary
To retire in Thailand as an Australian, you can qualify for a retirement visa by either having 800,000 baht in a Thai bank account or by proving a monthly income of 65,000 baht. In your case, since you have 4 million baht in a Thai bank account, you can use this method to meet the financial requirements for the retirement visa. It's important to note that you only need to choose one of the options, not both.
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David *********
David *********
Yes , you are confusing two elements you don't have to do the 65 k , if you do the 800k in the bank account , so you have that well and truly covered , easy , If you did wish to do the 65 k , then ( obviously ) no , but it's one or the other .
Anne *******
Anne *******
There is a 10 year visa available to Aussies. 5 +5

Think you need to be in Aus to get it. Sydney embassy
Dave **********
Dave **********
@Anne ******
its,available to all nationalities if they qualify.
Ellie *******
Ellie *******
@Anne ******
, you can apply for Non-OX inside Thailand too.
Anne *******
Anne *******
@Ellie ******
thanks for tge info.
Anne *******
Anne *******
@Ellie ******
think you need to be in Aus. Embassy in Sydney does them.
Ellie *******
Ellie *******
@Anne ******
, while the embassies/consulates in those countries DO issue Non-OX (that gives you initial 5 years + 5 years extension), you, as one of ALL nationalities that are eligible for Non-OX, CAN apply for an in-country Non-OX inside Thailand at your local immigration office. for detail, check with your local immigration office.
Michael ********
Michael ********
@Ellie ******
How does that work?
Michael ********
Michael ********
@Ellie ******
Nice. Thanks :)
Ellie *******
Ellie *******
@Michael *******
, same as other in-country non-immigrant type visas. You meet the requirements, you can apply for an in-country visa at your local immigration office.
Anne *******
Anne *******
@Ellie ******
is that the 10 year one Aussies can get?
Tod *********
Tod *********
You are mixing up two ways you can show proof of funds (actually 3 ways).

You can bank 800K baht in a thai bank account in your name only and use that to apply for both the 90 day Non-O visa and then the year extension after that

You can transfer in to the country a minimum of 65K baht a month each month every month and use that for proof of funds

OR

you can use a combination of banked money and monthly income to meet the 800K baht total for the year

Seeing as you have several million baht in a thai bank account already you can just use the banked money method without any issues here at all

It's one OR the other, not both.
David *********
David *********
OP
@Tod ********
thank you
Jozef *********
Jozef *********
@Tod ********
I thought the CM immigration office does not accept the combination method?
Tod *********
Tod *********
@Jozef ********
AFAIK no immigration offices will accept the combo method for the first yearly extension because you need 12 months of incoming deposits before you can use monthly income if your embassy doesn't issue the income affidavit

It's only the second year that they'll accept it AND many don't like to do it (although if you stand your ground you can make them 😮 )
Tod *********
Tod *********
@Jarkko ********
you are looking for logic where there is none,
Jarkko *********
Jarkko *********
@Tod ********
Is there any explanation on why they do not "like" to do combined, since it's fully valid method? Cannot imagine how it could be in any way harder for immigration to process vs. other two options.
James ********
James ********
@Jozef ********
have you asked CM? Reality is few, if any, Thai Immigration offices accept the combo method the first year.
Tod *********
Tod *********
@Jozef ********
and who said he'd be in Chiang Mai ? They might not LIKE to accept it but there is nothing in the rules that prohibit it

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