What are the requirements for UK citizens applying for a retirement visa in Thailand and is having property in Pattaya beneficial?

Where are you getting your figures?

The cost for visa is around £60. The amount you need to deposit in Thai bank account is approx £19,,000thb.

I also already owned an apartment in Thailand prior to application, the question isn't asked and it has no bearing on your application

The 800k has to be in single bank account in the applicants name if you pop your cloggs for your beneficiaries to get at the money it’s a very long drawn out process you have to employ lawyers who then go to the courts to get approval for the bank to release the money it’s also expensive as they all want a piece of the pie . I’m talking from experience as I was the executor of a deceased friends last will and testament which was written in both English and Thai !!!

Come in on a 90 visa and use an agent leave your money in the UK the interest you earn is more than enough to pay the agents fees if you have a property and have the book in your name that should be enough to open a bank account I suggest Kasikorn bank as they are in partnership with Wise

Im not sure about this question. But what you say about the stupid emojis I totally agree. These absolute ignorant useless idiots. Go play games with yourself and give the keyboard a miss. Its all about helping people. Why are some people so low on intelligence that they need to post shite. Hope you get an answer to your question. I learnt answers the other day which actually contradicted all the answers to my questions on here. So take everything with a pinch of salt. Best bet ask the question from the embassy. Best of luck!

The 90 days from the Thai Embassy UK is £60. Depending on what visa agent you use when you get here will determine how much you pay for the next process

Nowhete near £1500!! 🙄

I find the 50 50 method much better for me. Income+deposit.

Minimum 12 monthly deposits. For me, thb and 0thb seasoned for 2 months before applying for an 12 month extension. These add up to over the 0thb requirement. After the extension is granted one can spend the 0k but it has to be deposited 2 months prior to the next extension process. Very easy and straightforward. One can spend the thb as you wish. You cannot not break the monthly deposits however otherwise you have to start from the beginning.

Good luck to everyone trying to decide the best way forward. BTW, very easy to get off the agent route. Cheers. 🌞🌞🌞😎😎😎🍻🍻🍻⚓

Agree. I did it over here and much cheaper. Need. Telephone number and letter of residency from immigration ( landlord can do you rent letter and take to immigration) to do letter to open bank acct. 800k baht which is about £18k and certain rules round R Visa touching it

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Go here

Apply for the non o 90 day based on retirement . You need to upload 3 months UK bank statements showing more then 1500 pm going in to the account you pdf software to merge the 3 statements into one pdf and other documents needed utility bills etc then pay the £60 wait about 2 weeks (that’s what mine took)

Then once in Thailand go immigration with your tm30 photos and passport copies get a residency certificate to open kasikorn or similar bank . Then go to the bank open the account I transferred my money from my wise direct into my kbank the next day but make sure it’s transferred as money for foreign retirement on the wise app or you can just you the swift code and transfer from your UK bank. I hope that helps you

If u own a Thailand property you can get a yellow book / pink card and no more TM30 …worth the effort

Don't need a thai bank account for the Non OA. The Non-Immigrant O-A (Long Stay, 1 year) visa fee for UK citizens is £150 for a multiple-entry visa. Applications must be submitted through the Royal Thai Embassy in London. Applicants must be aged 50 or over, meet financial requirements, and possess required health insurance.

Key Details:

Visa Type: Non-Immigrant O-A (Long Stay)

Fee: £150

Validity: 1 year (Multiple Entries)

Duration: Up to 1 year stay

Requirement: Must have insurance (outpatient 40,000 Baht, inpatient 400,000 Baht).

Note: For a 5-year Long Stay visa (Non-O-X), the fee is £300.

Think he may be mixed up with the SRRV in Philippines.

It is certainly not £1500 ….About £50, £60 pounds - will check how much i paid

Agent coast me 80.000 baht and no need even show prove of this 800 k .

Simple

Rudite Al You can think of retirement in Thailand as a 2-step process. First you get a 90 day non O visa based on retirement/over 50 (in your home country), and then when you are in Thailand you can apply annually for a 12 month extension of stay based on retirement/over 50 provided you meet the requirements. It's best to get these requirements from your local (in Thailand) immigration office.

We are talking about the most common and persisting misunderstandings regarding the rules that come with applying for the “retirement visa” and the subsequent “one-year extension of stay permit based on retirement”. Misunderstandings happen because a “retirement visa” can mean 7 different visas and stay permits

The best way is to show up in Thailand on a 90-days single entry Non-Imm-O Retirement/over 50 visa” as it will get you a 90-days stay permit stamped. Within this period you have plenty of time to arrange for the application to the “1-year extended stay permit”

If you have arrived on this 90-days Non-Imm-O Retirement Visa, you can get a bank account opened on it. You should do this immediately really soon after you have arrived. If you meet incompetent bank staff, don’t keep trying but get the help of an agent. It costs around 5000 THB for the service to get a bank account opened.

You will need the account when you change to the 1-year extension of the stay permit. I have explained it a bit further down

You can theoretically fly on a one-way ticket because this visa allows you to receive a long-term stay in Thailand. Some airlines might not accept this explanation and will ask you for an onward travel proof out of Thailand within these 90 days, that’s why you should contact them by email and see what they say

In order to apply for the “90-days single entry Non-Imm-O retirement visa” through the online E-visa system at the Royal Thai Embassy of your home country, you can use the proof of income of a monthly minimum of the equivalent of 65,000 THB, by using your original pension or other income documentation,

Or

You show 3 months of account statements over deposit of a minimum of 800,000 THB or the equivalent in your home country currency, or on your home bank account, or on a Thai bank, or just anywhere in the World – as long as the account is in your sole name

However, for the later application inside Thailand, for the “1-year extension of stay permit” out of the 90-days Non-Imm-O retirement visa, if you are a citizen of a country whose embassy in Thailand does not issue the “income affidavit” any more (these are the embassies of USA, UK, Canada, Norway and Australia) you would need a “12 months bank statement”, showing that for the past 12 months, you have been transferring from abroad to your Thai bank account a minimum of 65,000 THB, consecutively month for month, never missing a single month.

If your embassy still issues an affidavit of income, you can use this method for the financial proof, which needs a monthly income or pension of a minimum of 65,000 THB

For all above mentioned citizens, in the first year there is no other way around, than depositing a minimum of 800,000 THB in your Thai bank account. They will have to use this deposit for the financial proof which is required for the application to the “1-year extension of stay permit based on being over 50/retired”, at least in the first year.

The alternative would be, if you don’t have that kind of money or are not willing to deposit 800,000 THB in a Thai Bank account, paying an agent to “arrange” the requirements and get around the law, which I do not recommend because you will get caught in the agent hamster wheel.

As soon as you have accumulated the 12 consecutive months of 65,000 THB transfers, month for month, you can apply for the next 1-year extension of the stay permit, using the 12-months bank statement, in the second year. After being issued the next extension, you can theoretically take the 800,000 THB out of your bank account.

This application to a 1-Year Extension costs a 1900 THB fee and you can theoretically do it all by yourself, or accept the help of an agent for the simplified legal service.

NOTE: It is income OR deposit.

On the day of application to the 1-year extension, the 800,000 THB need to have “seasoned” in your account for two months, and this has to be proven with the “bank letter of guarantee” (rab roong thanakan). This is why I said in the beginning that it is important to get the bank account opened and the money transferred really soon right after you have entered Thailand, so you can fulfill the 2 months seasoning requirement.

After been issued the “1-year Extension of the Stay Permit based on Retirement”, the 800K need to remain in the account for 3 more months. After these 3 months, the deposit shall never go under 400,000 THB. Before your application to the next “1-year Extension of Stay”, a minimum of 800,000 THB must have seasoned in the account for two months, again.

On the day you get issued the “1-year extension of stay permit”, you should buy a re-entry permit for it.

A re-entry permit will keep your stay permit alive in case you exit Thailand before the expiry of the 1-year stay permit.

A single re-entry permit is 1000 THB on Immigration. A multi re-entry is 3800 THB. With a multi re-entry permit, you could exit and re-enter as many times as you wish during the whole stay permit period.

Good Luck and a great time in Thailand

Troll for sure!

£1500?

The cost is minimal unless using an agent you using government site

Non-O for retirement is not £1500.

Having a property in pattaya makes no difference. The 90 day Non-O visa itself costs £60 but you do have to show that you can afford to live in Thailand by showing a monthly income of £1500 per month or a lump sum of £18,000. Once you get to Thailand you will need to open a Thai bank account and place a minimum of 800k baht into it, which must be there for 2 months before you can apply for a 12 month extension of stay.

Also, you can apply for the extension of stay whilst in Thailand, the criteria is not as stringent as applying from the UK. Having a property in Thailand doesn’t make a difference to the application. You do need a bank account in Thailand with the equivalent of 800k baht in it

Having a property in Thailand is irrelevant. Depends which visa you are applying for, non-O yes you need to deposit 800,000 baht. Non-OA you do not need to deposit 800,000 baht, but you need mandatory insurance and police checks.

😄 you are talking nonsense. It costs £60 for a non o visa and you need the equivalent of 800,000 in the bank. You clearly haven't looked at the London embassy website

I think it's £65 for the Non Imm O based on being 50 or over. Not sure where you're getting £1500 from?