New Thai retirement visa rules

Applicants for an extension of a retirement visa to Thailand have to prove that they have sufficient funds to sustain themselves in Thailand. They either need to have a certain deposit in a Thai bank account, or receive a fixed monthly income of a certain amount, or a combination of the aforementioned methods.

Effective as of 1 March 2019, applicants for an extension of a retirement visa have to comply with the following requirements:

DEPOSIT
The applicant is required to have a balance of THB 800,000 in a Thai bank account two months before the application and three months after the extension is granted.

Over the entire duration of the extension the balance has to be at least THB 400,000.

INCOME
The applicant has to receive a monthly income of THB 65,000 from abroad. The applicant has to provide a bank statement and a certificate from a Thai bank regarding the reception of such funds.

COMBINATION
A combination of the two above methods which equals a total of at least THB 800,000 per year.

See comment below where it says, that an income certification letter from ones embassy is still accepted as valid proof.
Is this is the case at all immigration points is a question only the affected persons can answer.

Source: [email protected]

About Gregers Møller

Editor-in-Chief • ScandAsia Publishing Co., Ltd. • Bangkok, Thailand

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2 Comments on “New Thai retirement visa rules”

  1. Income Letter fra ens ambassade er stadigvaek gyldig. Det er undladt i oversigten.

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