What proof of income do I need for Thailand visa?

If you are planning a trip to Thailand, you might have some questions about the visa process. One of the most common questions is, "What proof of income do I need for a Thailand visa?" In this blog post, we will explain the income requirements for different types of Thai visas and what documents you should prepare.

Types of Thai Visas

Thailand offers several types of visas for foreigners, including tourist visas, business visas, and retirement visas. The income requirement depends on the type of visa you apply for:

• Tourist Visa: There is no income requirement for a tourist visa. However, you must show that you have enough funds to support your stay in Thailand.
• Business Visa: If you want to work in Thailand, you will need a business visa. There is no specific income requirement, but you must have a job offer from a Thai company and meet other qualifications.
• Retirement Visa: If you plan to retire in Thailand, you need a retirement visa. This visa has an income requirement. You must prove that you have enough money to support yourself during your retirement.

Income Requirements for Retirement Visa

To apply for a retirement visa, you must meet one of these income requirements:

• Show a monthly income of at least 65,000 Thai Baht (around $1,950).
• Have at least 800,000 Thai Baht (around $24,000) in a Thai bank account.

You can also use a combination of both income and savings to meet the requirement. For example, if your monthly income is 40,000 Thai Baht, you can show an additional 300,000 Thai Baht in your bank account to meet the requirement.

Documents to Prove Your Income

When applying for a retirement visa, you will need to provide documents to prove your income. These can include:

• Bank statement: A bank statement showing your savings in a Thai bank account.
• Pension statement: A document showing that you receive a monthly pension or social security payment.
• Employment income: If you still work and have a salary, you can provide a letter from your employer stating your monthly income.
• Investment income: If you have investments, such as stocks or rental properties, you can provide documents showing the income you receive from them.

It is important to note that all documents must be in English or Thai and have been issued within the last six months.

In conclusion, the proof of income needed for a Thailand visa depends on the type of visa you are applying for. If you are planning to retire in Thailand, make sure you meet the income requirements and prepare the necessary documents to prove your income. If you need help planning your trip to Thailand or have any questions about the visa process, feel free to contact us for a consultation. We are here to help make your Thai adventure as smooth as possible!