Hello, seeking advice on obtaining a non-immigrant O visa, as I want to retire here. I've been researching some myself, but only making marginal progress.
I'm American, over 50, single, currently living in Bangkok but want to relocate elsewhere in Thailand in the next few months.
Currently here on tourist visa expiring March 4th but can extend 30 days. I do have a rented condo and TM30
I have been receiving documented retirement of about $1500 for a few years, which is over 600k baht annually. If I understand correctly, I need to deposit @ 200k baht additionally to a Thai bank account to bring the total to the 800k total. I have not been able to open a bank account yet. I do have other assets in savings in an American bank.
Given my circumstances, what should I do? I don't mind parking the 200k in an account, especially since it doesn't have to be there 12 months each year.
Thanks in advance!
TLDR : Answer Summary
An American seeking a non-immigrant O visa for retirement in Thailand needs to meet specific financial requirements, including depositing 800,000 baht in a Thai bank account. The initial application process does not allow the income method from the US for the first year. Instead, it requires proof of having the full amount in a local bank account for a specified duration. It's crucial to check with local immigration for any options that may allow international transfers combined with domestic funds for extensions.
NON-O RETIREMENT VISA RESOURCES / SERVICES
- Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
- For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
- Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
- Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.