What is the most suitable visa for retiring and traveling frequently to Thailand?

Dec 11, 2024
7 days ago
Susan ********
ORIGINAL POSTER
Planning to retire next year. My plans are to live in Thailand but travel 3 or 4 times a year struggling to decide on most suitable visa. I would love your suggestions to help me decide.
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TLDR : Answer Summary
The user is planning to retire in Thailand and is seeking advice on the most suitable visa options, considering their intention to travel 3 to 4 times a year. Community members suggest several potential visas including the NON-O and NON-OA retirement visas, which require specific financial commitments. The DTV (Digital Nomad Visa) is also recommended for frequent travelers due to its more relaxed financial requirements and ability to allow longer stays. Multiple comments emphasize the importance of researching these options thoroughly and considering starting with a tourist visa to explore Thailand before making a final decision.
DTV VISA RESOURCES / SERVICES
David ************
Dtv... don't waste your time or money on any other
James *******
She can help you
@Arisa *******
Susan ********
ORIGINAL POSTER
Thank you so much for everyone's input I will continue my research with the options suggested and hope to be settled in Thailand by mid next year!
Andy ************
DTV is best for frequent travellers. Less restrictive than non-O
Phil ********
DTV
Robert *********
But Health insurance ,asap
David **********
I'm a little surprised no one suggested the DTV since you mentioned you will be traveling. The DTV is a 5 year, multiple entry visa that allows 180 days per visit. And the financial requirements are much lower - 500,000 Thai baht in any bank vs 800,000 in a Thai bank. There are multiple categories to choose from to qualify. Might be worth looking into in your situation.
Gordon *******
@David *********
Got mine a few months ago

Great feeling getting stamped in for 180 days
Dave **********
Gorden I'm applying also but reading through comments regarding getting a DTV only Muey thai classes seems to be the option where they will offer the necessary proof of enrollment and i assume requires payment up front. I can't get a language course as the ed visa covers that. Also is it a risk applying and paying up front to any course online ? Just trying to see how its possible to get the soft option DTV
Susan ********
ORIGINAL POSTER
@Gordon ******
would be good but I don't fall i to any of the categories
Ana *******
David **********
@Susan *******
you can easily sign up for one of the soft power categories. On your first visit to Thailand sign up for a cooking class, or even Muay Thai (you can 'sign up and pay' but it's up to you if you actually attend) Then when you leave Thailand, you can apply via E-visa. There's a forum just for DTV on Facebook and there's a lot of examples of how to do it.
Gordon *******
Terary **********
Don't sweat it too much. You'll come, you'll figure it out.

You'll need long term visa to do long term stuff, driver's license, bank accounts, etc. But you won't need to figure that out right away. I would get a tourist visa maybe METV and travel around Thailand and abroad, find place you like, find people you like, ask them what they do. The right answer will come to you.
Susan ********
ORIGINAL POSTER
Thank you all. So to open Thai bank account I would need to go for a visit rior to completing the Non OA visa application
Graham ******
@Susan *******
You do not need a Thai bank account to apply for a Non-OA, just funds in any bank account in your name (check the requirements with your local Thai Embassy website).
Marty *********
@Susan *******
The O and OA visas are not the same thing. I would really recommend pursuing an O visa followed by yearly extensions. It will give you more insurance options that aren’t tied to your visa.

I switched from an OA to a 10 year LTR visa. The LTR is another option that is not well known.

*********************
Steven *******
@Susan *******
Yes. You may find it easier to open a bank account using an agent.
Stuart ***********
I think the obvious options are non o or oa retirement visas.

The non oa requires specific insurance and criminal checks etc.

THE non O requires you to deposit 800,000 baht in Thailand.

If you get the non O apply in the UK and then open a bank account, deposit 800,000, then once the money has been in the bank for 2 months extend your stay by 12 months and get a multiple re-entry permit at immigration. You can then extend every year.
Marty *********
@Stuart **********
OA yearly extensions also require the 800,000 baht deposit.
Jurgen ********
@Marty ********
the „the better rate of return“ was probably correct in the past but with lower interest rates and a very strong THB, this argument doesn’t hold these days… THB gained approx 10% over the last 6 months or so against all “western” currencies.
Stuart ***********
@Marty ********
I must admit I don't know much about the oa, as I applied for the o, but I thought it was a 12 month visa and if you time the insurance correctly and leave Thailand just before the end of 12 months, you get approximately 24 months, without needing to extend?

If that is the case, for someone planning to travel around, it might be preferable to depositing the 800,000 for the non o.

Just an option I guess 🤷
Marty *********
@Stuart **********
I’ve heard that some people do that. I didn’t do that because I live in Thailand full time. I would never be in the US long enough to complete the OA application process which is a bit of a pain. It’s a peculiar visa and some people benefit from the peculiarities.

It also benefits people that don’t want to open a Thai bank account because you can keep applying using funds in your home country bank.

I did get 18 months on my OA visa because of a trip to Cambodia but I really didn’t care about the extra months. Yearly extensions is where most people want to be.
Stuart ***********
@Marty ********
yes I made the same decision for the same reasons Marty, but some people seem to prefer the OA and to not put 800k in an account in Thailand.
Marty *********
@Stuart **********
Mostly what I’ve heard is that they are getting a better rate of return on the $23,700 in their home accounts and that they don’t trust Thai banks. Everyone has their wants and needs.
Susan ********
ORIGINAL POSTER
@Marty ********
so good if I can just leave 800k in bank for as long as I stay in Thailand?
Marty *********
@Susan *******
That is what I did. I kept 800,000฿ in the bank + a couple of 100,000฿ emergency buffer and then topped off the account with my monthly expense money. The buffer keeps you from accidentally dipping into the 800,000฿. This way you can use just one bank account. Often people get a separate bank account for the 800,00฿ to protect it from monthly expense accidents. That’s OK but I sounds like it is a chore to get a bank account these days for new arrivals.

Note that yearly extensions for the O and OA are identical except for the OA insurance requirement. The 800,000฿ deposit is the same for both visas. As I recommended earlier, you might as well get an O and deal with insurance separately.
Susan ********
ORIGINAL POSTER
Jan ******************
@Susan *******
You should be aware of if you base your stay on a Non O-A visa and want to apply for an extension of stay in Thailand which most people on a long term stay do, you’ll also need to prove 800K baht the first year and you also maintain a mandatory Thai health insurance requirement for all your future.

Non O-A is a good visa for shorter periods or if you renew it every second year, but for more permanent stay the regular Non O visa without any mandatory health insurance requirements are more convenient.
Marty *********
@Jan *****************
I got my OA in 2017 before the insurance requirement. It made more sense then.
Jan ******************
@Marty ********
Yes because several people entering on a Non O-A visa and do extensions after a while decide to cancel their stay and re-enter from scratch on a regular Non O visa.
Marty *********
@Jan *****************
I switched from my OA to a 10 year pensioner LTR IN 2023. In my case my OA insurance could be used for the LTR.
Stuart ***********
@Susan *******
you're welcome, enjoy your retirement

🙂
Jan ******************
The most suitable visa is probably to apply for a 90 days Non O visa at home before you leave and do yearly extensions of stay in Thailand with multiple re-entry permit. Then you can come and go as you like as long as your back each year to apply for a new extension.
Bob **********
@Jan *****************
and you meet the financial obligations
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