Answered3 years ago
What are the requirements for obtaining a Type O retirement visa in Thailand with a retirement account income?
I'm 61 and I have more than 65,000 THB coming in my retirement account. Are there any other requirements in order for me to get the Type O visa?
Answer summary
A user inquired about the requirements for obtaining a Type O visa in Thailand, given their retirement income. Key points highlighted include the necessity for income certification from certain countries, the option of applying for a different LTR visa for pensioners if the income exceeds 80,000 THB, and different strategies for managing bank deposits and proofs of income for visa extensions. The conversation included practical experiences and clarifications about visa application processes, emphasizing the importance of income levels and banking requirements.
55 repliesnewest first
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Chuck *********
Going through this now for retirement visa. Came 5 months ago on visa exempt opened a bank account. Deposited the 800k thb it must be in the bank 2 MONTHS.
returned last week and submitted application for retirement visa. Just waiting for approval and return of my passport.
returned last week and submitted application for retirement visa. Just waiting for approval and return of my passport.
Steve ********
Yep get a life do it yourself dont ask on here its full of twats
Jo **********
@Steve *******
you angry? why something happened to you
Derek ***********
OP@Steve *******
lmaoDerek ***********
OP*******************************************************************************************************************
Henrik *****
thaievisa.go.th
Jo **********
if you have more than 60,000 perhaps 80,000 you could apply for LTR visa for pensioners
Scott ***************
@Jo *********
ok is the LTR a different visa? I'm from US. and have pension.Jo **********
@Scott **************
yes very differentScott ***************
@Todd ********
Thank you. That's what The embasy site was saying just wanted clarification, I appreciate it.Todd *********
@Scott **************
you are correct. No deposit required for anyone over 50 on LTR ‘wealthy pensioner’. You just need to demonstrate $80k USD annual income
Jo **********
@Scott **************
mainly you need to have 80 k available every month. Could be a combination of sourcesScott ***************
@Jo *********
I have looked. It isn't clear. Hence the questions.Jo **********
Scott ***************
@Jo *********
so if pension is over $*****
residual is that all you need? No deposit in thai bank?Derek ***********
OP@Jo *********
fortunately my retirement is over the 80K mark
Dawn **********
The BOI group that you submitted you application to for the LTR wealthy pensioner visa
Dawn **********
@Derek **********
that’s USD, right?Derek ***********
OP@Dawn *********
the Thai government?Dawn **********
@Derek **********
they also asked my for my tax returnDerek ***********
OP@Dawn *********
yesJo **********
@Derek **********
go for it - no 90 day reporting. I have it based on a different category but I am stamped in for 5 yearsDerek ***********
OP@Jo *********
excellent!!!
Eno ***********
You could do the non o visa from your home country, that gives you 3 monts, but be careful with the health insurance requirements. Or you could fly here on 30 days visa excemtion, extend it by another 30 days at the immigration office right away. With that you get your bank account here. Plonk in 800.000 thb, and apply for retirement visa. That give you one year. During your first year you transfer 65.000 thb to your thai bank acvount from overseas. And when the next extension comes, you base it on your income from overseas, as you then have a record of it. And the 800.000 dont need anymore
Graham ******
Eno Runaround The initial retirement visa will be 90 days which will be needed to season the 800k for 2 months to qualify for the 12 month extension. Otherwise correct.
Derek ***********
OPEno Runaround interesting strategy
Richard *********
1st year will need go the 800,000 deposit route< 2nd years extension you can show your last years monthly deposits via ur bank book for ur extension.
Todd *********
@Richard ********
depends if his nation issues the letter of affadavitRichard *********
@Todd ********
NO: he could start sending 65,000/month Before he gets his 1st extension when he uses the 800,000 method< than after he has had 12 months of 65/month to show, use that method for his 2nd extension< NO embassy letter neededTodd *********
John Stanners yes, exactly. Still a nice bonus
John **********
@Todd ********
if your countries embassy issues an income affidavit then you have to use that and can't use the 65k methodTodd *********
@Richard ********
fair enough!Richard *********
@Todd ********
He already said he is americanTodd *********
@Richard ********
NO. If your country of passport issues the letter of affadavit there is no need to send the 65k at all. Just send however much you want/need. The letter replaces the silliness
Brandon ************
You need to be from a country whose embassy will certify your income. USA, UK and Australia do not do this. There are others but I'm not sure which.
Hickey **************
@Brandon ***********
US Embassy no longer does thisBrandon ************
@Hickey *************
that's what I said.
Michael *******
@Brandon ***********
why won’t the USA certify my social security payments? Is a printout from myssa.gov good enough?Derek ***********
OP@Michael ******
it's our lovely US Embassy staff :)Brandon ************
@Michael ******
immigration said they are no longer allowed to do it because they were not verifying the information they were just notarizing it. Basically saying you are actually the person who signed the document but that's it. So they're not allowed to do it along with many other embassies. A printout will mean nothing. The ONLY way to use income is if your embassy will certify it.
As an American you can only get the initial 90 day non-O visa with money in the bank and you can only get the first 1-year extension with money in the bank. You can simultaneously start transferring 65,000 baht per month so that by the time you're ready to apply for an extension for year 2 you can show 65,000 transferred from overseas every single month for the previous 12 months and they will accept that as proof of income.
But you cannot use this for your first extension even if you started transferring the money a year ago.
Keith ************
@Brandon ***********
this is correct. Then, if you start depositing 65k every month, after a year, you can move to the income method. Since you're from the US, you'll need to show them as foreign transfers to your Thai bank, rather than getting a letter verifying the income.Derek ***********
OPok so with the NON-O I need to get a Thai Bank account and deposit the 800,000 thb
Brandon ************
If you apply in the US for the non-O you can use money in your bank account in the US. But you'll still need 800,000 Thai baht in a Thai bank account to apply for the first 1 year extension.
Derek ***********
OP@Brandon ***********
so for the first 90-day Non-O visa I just need to show them income from my US bank account?Derek ***********
OP@Michael ******
I know that's crazyMichael *******
@Brandon ***********
wow. So the letter from ssn and bank records showing the monthly deposit aren’t any good?
Peter ****************
@Brandon ***********
Bit off topic but last situation I know there are only 4 "countries" which do not give affidavit anymore. 4th, many time forgotten is (strange) Denmark.
Per ************
@Peter ***************
The Danish Embassy of Denmark do make affidavit. But when the trouble started they changed from doing it from the tax return to now want pension letters from pension givers written in the English language and send to the embassy via the Danish E-letter system.Derek ***********
OP@Brandon ***********
I'm was born and raised in the US so I'm screwed.
Stephen *******************
@Derek **********
Savanakhet Thai embassy do not require proof of funds for 90 day O visa Then get a 12 month extension and if not sure use an agency to do the leg work for you 👍
Graham ******
@Derek **********
yes you canDerek ***********
OPcan I go to Thailand first then go there and get a 90-day visa?
Derek ***********
OP@Stephen ******************
thanks for the heads up
Johan ********
@Derek **********
Then put 800k in a bank account here.Activity
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