Can I Move to Thailand with No Income but Big Savings?

So you’re planning to move to Thailand with no income but big savings. That’s a great start! Thailand is a wonderful country with a low cost of living, delicious food, and beautiful landscapes. However, securing a long-term visa and finding affordable accommodation can be a challenge. Don’t worry, I’ve got you covered.

Finding Affordable Accommodation

First, let’s talk about finding an apartment that fits your budget. You’re looking for a place that costs between 4000-6000 baht per month. That’s a great price range for a one-bedroom apartment in a decent area. Here are a few tips to help you find the perfect place:

• Start by searching online for apartments in your desired area. Websites like Craigslist and Facebook Marketplace are great resources.
• Contact local real estate agents who specialize in rentals. They can help you find the perfect place and negotiate the price.
• Consider sharing an apartment with a friend or fellow expat. This can help split the costs and make it more affordable.

Securing a Long-Term Visa

Now, let’s talk about securing a long-term visa. There are a few options available, but the most popular one is the Long-Stay Visa. This visa allows you to stay in Thailand for up to 1 year, and it can be renewed annually.

To apply for a Long-Stay Visa, you’ll need to meet the following requirements:

• You must be at least 50 years old.
• You must have a minimum of 800,000 baht in a Thai bank account.
• You must have a monthly income of at least 65,000 baht.

If you don’t meet these requirements, don’t worry. There are other options available, such as the Retirement Visa or the Education Visa. It’s best to consult with the Thai embassy or consulate in your home country to determine the best option for you.

Other Tips and Tricks

Here are a few other tips and tricks to keep in mind when moving to Thailand:

• Learn some basic Thai phrases, such as “sawatdee” (hello) and “khop khun krap” (thank you).
• Download the Grab app to help you get around the city.
• Try some delicious Thai street food, such as pad thai or tom yum soup.
• Consider joining a local expat group to meet new people and make friends.

In conclusion, moving to Thailand with no income but big savings is definitely possible. With a little bit of planning and research, you can find affordable accommodation and secure a long-term visa. Just remember to be patient, flexible, and open-minded, and you’ll be enjoying the Thai lifestyle in no time.