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Are you planning to retire in Thailand and wondering how to get a retirement visa? You’re not alone. Many expats face difficulties when trying to obtain a retirement visa in Thailand, such as figuring out the required documents or finding the right medical insurance. For example, you might be unsure about how to prove your income or what type of medical insurance to get. In this post, we’ll break down the process and provide you with practical tips to make your retirement visa application a breeze.
Planning to retire in Thailand can be a dream come true, but navigating the visa process can be a nightmare. Don’t worry, we’ve got you covered! In this post, we’ll walk you through the process of getting a retirement visa in Thailand, step by step.
A retirement visa, also known as a Non-Immigrant O visa, is a type of visa that allows foreigners to live in Thailand for a specific period of time. To be eligible, you must be at least 50 years old and meet certain financial requirements.
To apply for a retirement visa, you’ll need to show proof of income or savings. The requirements are:
You can prove your income by showing a statement from your bank or a letter from your embassy. If you’re using savings, you’ll need to transfer the money to a Thai bank account.
Medical insurance is a must for retirement visa applicants. You’ll need to show proof of insurance that covers you for at least 400,000 THB (approximately $12,000 USD) for in-patient care and 40,000 THB (approximately $1,200 USD) for out-patient care.
You’ll need to gather the following documents:
Once you have all the required documents, you can apply for the visa at the Thai embassy or consulate in your home country. You can also apply for the visa in Thailand, but this can be more complicated.
Once you have your retirement visa, you’ll need to extend it every 12 months. To do this, you’ll need to show proof of income or savings, as well as proof of medical insurance.
By following these steps and tips, you’ll be well on your way to getting a retirement visa in Thailand. Remember to stay calm and patient, and don’t hesitate to ask for help if you need it. Good luck!