Hello, Im planning on traveling to Chiang Mai in September and looking for advice for a retirement Visa. I have a monthly pension from DFAS and draw disability benefits from the VA. Are there any US veterans that can share some advice?
Answer summary
To obtain a retirement visa in Thailand, you must be over 50 years old and can fulfill one of two financial criteria: either maintain 800,000 baht in a Thai bank account or receive a monthly pension of at least 65,000 baht deposited into a Thai bank account for 12 months. Being a US veteran doesn't provide any special advantages in the visa process, and it is advised not to rely on agencies for paperwork. Chiang Mai is a supportive community for expats, and assistance is often available from other residents and immigration volunteers.
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Lynnette *******
Visa requirements should be on the embassy website. Visas are not based in previous job, like being in the military or any other occupation.
If you are over 50. Have 800,000 baht to put in bank or monthly equivalent coming into Thailand from pension then you are ready to go.
Do not fall victim to an agency in Thailand. You can do the simple few pages of paperwork required yourself. Being a veteran has no advantage for relevance.
that's interesting. So to be absolutely clear. If you chose the route of demonstrating 65k per month coming into your account, can you select this option as soon as you move to Thailand (so in theory your new Thai account may only show the first months deposit) or will you need to put 800k in an account for the first year until you can show a full 12 months worth of 65k deposits going into your Thai bank account?
you can either have 800k in bank 65k/month deposit from a 'bank'. I use 'bank' because WISE and my USA Investment Company are not acceptable. Regarding what periods money must be in the bank for your situation I am not sure - I can tell you that I was told as a pperson on a current retirement visa and want to switch to a monthly arrangement. I would need 10 months with a specified form from bank. Don't know where you are located but the volunteer staff at Chiang Mai Immigration are very knowledgeable and have the answers.
Also be very careful here in Thailand a lot of the women here if you're not already married or mainly looking for people with certain kinds of Visas so try not to get involved with somebody who only wants you for what you have but that's just a personal opinion not really related but also definitely plenty of people here what to help you in some regards also another little personal advice it's best to stick around for a while because at first you will be a stranger to everyone but once they get to see you more casually they get more friendlier be very careful here. I've been living in Chiang Mai since January should be easier for you than for me though because I'm a younger individual I'm probably thinking about popping over to Cambodia because it's getting really really arbitrary with the immigration laws here and the kind of requirements that they're looking for just seems like they're geared toward mainly just rich and elderly almost as if they know they could take advantage of certain individuals so be very careful be wise and whatever you do it's best to back off don't meet anger with anger here it ends horribly I know kindness is a virtue no matter how bad someone else is attitude is.
oh yeah 100% I entirely agree the Philippines is a place where I got hurt really really bad I lost my innocence to somebody I wish I had saved myself for someone who truly loved me but I was used
money is only as real as the government upholding it. Look at the Cambodian real versus the Thai baht you see more trade with the Thai baht because the Thai baht has value if money was that much real $4.17 wouldn't be a cash stack in Cambodia I don't think that seems like it's very real at that point Monopoly money out of a board game has more value. Love is more real than money will ever be besides you can take the love to your grave when you die on your Deathbed your money is no longer yours before you even touch the dirt or the crematorium
There are loads of people on this site ( not US veterans) who can answer this for you or you can read the details on you Thai visa embassy site. You will need to be over 50, arrive with a visa from home ( non O) open a bank account with 800K Thb, season for 2 months, go to immigration and apply for a 12 month extension based on retirement. Then you can start depositing 65k Thb every month for 12 months for the following years extension. Where the money comes from makes no difference in Thailand as long as it is an international transfer and shows as such
The 65k deposits need to start before the first extension is approved so that when it is time to apply for the second extension there are at least 12 consecutive monthly deposits