Retiring to Thailand can be a dream comes true to many foreigners. The perfect combination between warm weather, friendly vibes, and affordable cost of living makes Thailand become very attractive destination for retirees.
There are many amazing cities that is foreigners friendly such as Bangkok, Chiang Mai and Phuket.
The most important thing you need to consider if you are a foreigner and wish to retire in Thailand is obtaining the right visa.
The retirement visa, also known as Non-Immigrant O-A visa is the one we are discussing in this article.
Aisa Thai Visa Consultantcy, well-equipped with over a decade of experience, has been successfully helping hundreds if not thousands of foreigners obtain the retirement visa in Thailand.
If you are wondering that you are fit for the retirement visa in Thailand, read on to explore!
Retirement Visa Requirements in Thailand
There are specific requirements for Retirement Visa in Thailand as following;
- You must be at least 50 years old at the time of application.
- No criminal record: You must have no criminal record either in Thailand or home country.
- You must hold a passport that is valid for at least one year.
- You must apply for non-immigrant O-A visa by completing the application form from Thai embassy or consulate at home country.
- You must meet the financial requirements which are
- Having a minimum balance of 800,000 Thai Baht (approximately USD 26,000) in a Thai bank account for at least three months prior to the visa application; OR
- Having a monthly income of at least 65,000 Thai Baht (approximately USD 2,100) from a pension, Social Security, or other guaranteed source of income.
- Medical examination: You will also need to undergo a medical examination and obtain a health certificate from a Thai hospital or clinic.
Benefits of Non-Immigrant O-A Visa
Here are some benefits for getting the retirement visa in Thailand.
- Long stay permission: If you are looking to stay in Thailand long term, Non-Immigrant O-A is the attractive option for you.
After you are granted with the Non-Immigrant O-A Visa, you are granted permission to stay in Thailand for 1 Year with the possibility to extend your visa from the immigration office. As long as you meet the requirements, you are eligible to renew the visa.
(However, keep in mind that you are still required do the 90-days report.)
- Multiple-Entry: Not only that you get to stay in Thailand for a long term, you can also get multiple entry within the validity period of your visa. You can travel in and out as you please without needing to apply for a new visa.
- Volunteer opportunities: If you are looking for a sense of purpose and fulfilling for your retirement, you are allowed to engage in volunteering and non-profit activities.
- Access to healthcare: Thailand has a high-quality healthcare system for private hospitals, and retirees with a Retirement visa are able to access medical care in the country. In addition, Thailand is known for its affordable healthcare costs, making it an attractive destination for retirees who need access to medical care.
- Cost of living: Thailand has a relatively low cost of living compared to many western countries, making it an affordable destination for retirees who are living on a fixed income. Retirees with a Retirement visa can take advantage of the country’s low cost of living and enjoy a comfortable lifestyle without breaking the bank.
Overall, the Non-Immigrant O-A Retirement visa offers retirees a convenient and affordable way to live in Thailand long-term. With its long-term stay options, multiple entries, access to healthcare, and low cost of living. If these are attractive to you as a place for your retirement, you may consider Thailand as a place for retirement.
Of course, Non-Immigration O-A Retirement application may be complicated, Aisa is here to help you from A-Z. We provide support to our clients to check if their condition meet the requirement to apply for Non O-A Retirement visa in Thailand.
After initially checking your condition, we process applying the Non-OA for you including all the paper works.
Aisa knows best when it comes to Thai Immigration. We’ve created the solutions that cover almost all aspects you may need as an expat living in Thailand.
With our extensive packages, you can restasure you are in a good hand.
- Visa for followers: If you are traveling with family members, we can do a dependent visa as well. For instant, if your spouse is under 50 years old, he/she may apply for a dependent visa until he/she turns 50.
- Non-O Retirement Renewal: Like mentioned earlier, your retirement visa in Thailand is for 12 months with a renewal possibility. We offer the renewal service for our customer’s convenience.
- 90-day report: Even though you are granted with 1 year for the retirement visa, you are required to report at the immigration office every 90 days. We are offering the 90-day report service to offer you a smooth life in Thailand.
- What if I don’t have 800,000 Thai Baht in Thai bank account?
Ans: If you have a monthly income of over 65,000 Thai Baht from a pension, Social Security, or other guaranteed source of income, you may use that as an alternative to meet the financial requirement.
But, if you neither have both, please contact our Aisa agent to seek for other alternatives for you to consider.
- How long does it take to get the retirement visa in Thailand?
Ans: Normal process should be completed within weeks. However, that also depends on the volume of the immigration office as well. Please feel free to contact our agent upon your confirmation.
It’s a good choice to consider using professional services like Aisa as your visa agency in Thailand to do all the heavy liftings for you. With our service, there’s no need for you to go through all the complicated processes!