A retirement visa in Thailand is almost seen as a golden ticket to a fabulous lifestyle. There is a very good reason why over 300,000 tourists visit Thailand every single week: It is an amazing place to live! The vast majority of visitors don’t want to leave and if you have a retirement visa, you don’t have to! After the initial 12 month period, it is possible to reapply and spend your final years in the warm, sunny tropical paradise that is Thailand. As the retirement visa in Thailand is available to those aged 50 years and over, you still have the opportunity to spend many quality years exploring this wonderful country if you have the energy. If not, you can relax on the nearest beach and take in the sunshine.
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What You Need To Apply
Although everyone is welcome to apply for a retirement visa in Thailand, the country is understandably selective about who it allows to stay within its borders. The main issue facing those seeking a Thai retirement visa is that of financial security. If you have life savings of more than $26,000 or thereabouts you are deemed to be a worthy candidate. Alternatively, prove that you earn slightly more than $2,000 a month and your application is very likely to be accepted. Can’t prove financial security? Don’t worry! A high quality legal team can assist you and ensure your dream doesn’t go up in smoke.
The first important step in applying for a retirement visa in Thailand is to apply for the non-immigrant visa. This gives you a 90 day stay and crucially, enables you to go into the nearest Immigration Office in Thailand to apply for the full retirement visa. If you currently live outside Thailand, you can use the expertise of a legal team in Thailand to apply for the non-immigrant visa. Once you receive it, you must come overseas and look for the 12 month retirement visa in person.
If you currently live in Thailand, you must have a tourist visa. Ask a lawyer to accompany you to the nearest Immigration Office and get an upgrade to the aforementioned non-immigrant visa. This is a process that can be completed in less than an hour. If you have all the right paperwork in place when seeking the retirement visa in Thailand, this process can also be completed in under 60 minutes.
Other Information
Assuming you are looking for a permanent stay, you will want to bring over certain household items from abroad. You are given six months to complete this step. While you may wish to do this before receiving a retirement visa in Thailand, doing so will see you get hit with a 20% import duty tax and a 7% VAT charge. If you have already received your Thai retirement visa, no tax will be charged. You must report to the Immigration Office every 90 days after receiving the retirement visa and you must reapply while you are still legally eligible to stay in Thailand.
Looking for adventure or relaxation after a lifetime of hard work? Get a retirement visa in Thailand and start living life on your terms.
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