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Marty ********
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Marty ********
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QUESTIONS

COMMENTS

Marty *********
@Michael *******
The details about the LTR visa can be found on the Thailand Board of Investment website. Google BOI LTR. It is really passive income required. For example I meet the requirements using my work pension. They also accept certain investment passive incomes but I don’t know the details on that. They don’t consider earned income or savings.
Marty *********
@Michael *******
You cannot work in Thailand on any of the “retirement” visas. You could always switch visas later on.
Marty *********
I came on an OA visa in 2017. I extended it 5x. I am now on a pensioner 10 year LTR visa ( the visa that requires $80k/yr passive income).
Marty *********
@Michael *******
Yes, you can extend an O indefinitely without leaving the country. Just meet the extension requirements each year.
Marty *********
@Anna ********
Not entirely confused . . . the pensioner LTR visa (my current visa) requires $80,000/yr of passive income.
Marty *********
@Michael *******
You might want to say where in Thailand you plan to move to since this will help others give their advice. The immigration details can be a little different in each of the provinces.
Marty *********
@Michael *******
Look into getting the O visa while in the US. Getting a Thai bank account, I hear, is much easier if you already have an O visa.
Marty *********
@Michael *******
The O visa is a 90 day visa. You extend this visa annually. I kept the 800,000 baht in my Thai bank account year round. I found this to make the 1 year extension process, in Bangkok, to be very easy to do myself (1,900 baht fee annually).
Marty *********
If you are over 50 years old the typical visa used by retirees is the non immigrant O visa. As an American you must be able to deposit 800,000 (about $24,000) baht in a Thai bank account. There are more details to this but over 50 and 800k are the basic requirements. If you don’t have the 800k then you might consider using a visa agent (which was never my choice).

Other visa options are the OA visa, Elite visa, pensioner LTR visa . . . possibly the DTV visa.

Don’t even think of staying long term on a tourist entry unless you’ve never been here and are you are coming to see what Thailand is all about.