What kind of visa do I need to retire in Thailand?

If you wish to retire in Thailand, you will need to need to get a retirement visa, also known as a Non-Immigrant Long Stay Visa. It’s possible to do this in Thailand or at a consulate in your home country.

How much does a Thai retirement visa cost?

For a 1-Year Thai Retirement Visa (Single-Entry): 2,000 Thai Baht. For a 1-Year Thai Retirement Visa (Multiple-Entry): 5,000 Thai Baht. For a 5-Year Thai Retirement Visa: 10,000 Thai Baht.

What do you need for a retirement visa in Thailand?

Requirements:

  1. Must be 50 years old and above.
  2. Passport (signed copies of each page)
  3. Non-Immigrant O Visa.
  4. Departure Card TM. …
  5. Proof of meeting Financial Requirements.
  6. Thai Bank Book (original)
  7. Letter from your Thai Bank.
  8. Three(3) 4×5 cm photos, with full face taken.

What are the requirements to retire in Thailand?

What are the requirements for a retirement visa in Thailand?

  • You’re 50 years old or over.
  • You meet the financial requirements – making a security deposit of 800,000 THB (around £18,400) into a Thai bank account or having a monthly income of at least 65,000 THB (around £1,500). Or, a combination of the two.
THIS IS INTERESTING:  Question: Is a cap widely worn in Indonesia?

How can I live permanently in Thailand?

In order to apply to become a Thai Permanent Resident, you must meet the following criteria:

  1. You must have had a Thai non-immigrant visa for at least three years prior to the submission of your application. …
  2. You must be a holder of a non-immigrant visa at the time of submitting your application.

Can a foreigner open a bank account in Thailand?

In principle, a foreigner who has no proof of residence in Thailand can only open a non-resident bank account; however, some Thai-based banks may, depending on their internal policy and discretion, accommodate requests from non-resident customers in opening a resident account with no proof of residence.

Can foreigners buy property in Thailand?

Generally, foreigners are not allowed to directly purchase land in Thailand. … It is a commonly unknown fact that although a foreigner cannot own land in Thailand, he can own the house or structure built thereon. One only has to apply for a construction permit to build the house in his own name.

How much do I need to retire in Thailand?

You should plan to live in Thailand on a budget of at least $1,500 per month, with $2,000 being a more reasonable benchmark. This will allow you to live comfortably without breaking the bank. You could potentially live a lot cheaper, as low as $1,000 a month, but you would probably have a difficult time.

Which Thai Bank is best for foreigners?

These are the 4 top banks in Thailand for expats:

  • Bangkok Bank. Bangkok Bank —Thailand’s largest bank—is popular for being the most welcoming to foreigners and non-residents. …
  • Kasikorn Bank. …
  • Citibank. …
  • CIMB.
THIS IS INTERESTING:  Frequent question: Are Emirates flying from Manchester to Singapore?

Where do most expats live in Thailand?

The Foreign Community in Thailand

  • Bangkok. As you might expect, the greatest amount of expatriates live in Bangkok and its metropolitan area. …
  • Pattaya and Phuket. The city of Pattaya also attracts a fair number of foreign residents. …
  • Koh Samui. The smaller island of Koh Samui is another popular expat destination. …
  • Chiang Mai.

Where is the best place to retire in Thailand?

5 MIN READThe 5 best places to retire in Thailand for 2020

  • Chiang Mai. One of the more calm and cultured places to retire in Thailand is the beautiful city of Chiang Mai. …
  • Phuket. Phuket is the biggest island in Thailand and is considered a popular retirement destination for many expatriates. …
  • Hua Hin. …
  • Koh Samui. …
  • Bangkok.
Your first trip