Thank you for the clear information, tommorow i become 50 and we are planning to move to Thailand in December with my wife, two sons and our dog to start a new life. We cannot wait.🎉
The financial conditions for a married couple to get the Non-Immigrant OA Visa are the same as for individual applicants, requiring each spouse to meet the visa's financial requirements independently.
This is great content!! We need more info about retirement visas as most companies fail to email you back regarding retirement visa. Only in Thailand... :/
I just want to make sure I understand.. I don't have to EVET worry about having the 800,000 TBH in a Thai bank if I have a retirement income from the United States of at least 65,000 TBH per month?
If you're in Thailand with the Non O visa and you got in with an affidavit from your local Thai Embassy verifying your monthly income (rather than having deposited 800K THB), do you have to obtain another, updated affadavit from the Thai Embassy in your home country when you renew your Non O visa? Thanks.
Thanks for posting this video. It's the best one I've seen explaining the retirement visa process. Is it the same process every 12 months to renew the visa?
Thanks for this video! Very helpful! If my spouse and I plan on taking the Non-O visa route, will 800k Thai Baht in a single bank account with both our names work? Or, do we need 2 separate bank accounts? TIA! :)
Hi Edward, Great video. I have Non-O Visa with multi re-entry which expired 11/9/24. Q1. Can I buy just 1 way air ticket back to Thailand? Q2. What to expect in term of Stamp (Departing date?) into my passport at the airport immigration? Thank you.
Hello. Sorry for the late reply 1. They might ask you for the return ticket 2. So you are coming as a tourist, right? Holders of normal passports of the 64 countries are granted visa-free travel to Thailand for a period of up to 30 days. Or you can apply for 2 months tourist visa in Your country
Buying property in Thailand doesn’t count toward the financial requirements for a retirement visa. You still need to show proof of either 800k THB in a Thai bank or a monthly income of 65k THB. The property purchase won’t be considered for the visa, so you'll need to meet the financial criteria separately.
for the extension of OA after initial 90 days, you mention the 800k bank but earlier you said 65k income will due; does that also work for the extension?
Yes, both options work for extending an OA visa. You can either: Show 800k THB in a Thai bank for at least 2 months before the extension application, OR Prove a monthly income of at least 65k THB. You can use whichever method suits your situation better!
Hi - thanks for this great information. How do you get a verification of no criminal record? And, if you have a driving while intoxicated conviction from 20 years ago, is that a problem?
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
@christianalawal3695 That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
@@SantiagoWyatt- VICTORIA CARMEN SANTAELLA Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Absolutely. Rising costs, low wages, and unaffordable housing are making it tough for many to save for retirement. With homeownership slipping away from the middle class, the retirement crisis will likely worsen. Many may need to explore alternatives like moving abroad or working longer.
So US citizen goes to US embassy ask for an affidavit, correct? So I can keep my $ in America, correct? Can I ask hotel help me proof of address without rental agreement? Can I get ED visa first then apply for O visa later without leaving the country?
yes, you ask for an affidavit from the US embassy - in this case you keep your $ in America, correct. I'm not sure if hotel will work, unless you will make with them a long-term agreement for at least 1 year. Can I get ED visa first then apply for O visa later without leaving the country? - need to check with the local immigration office
Found this information, are you sure affidavit is still working? FACT SHEET: EVIDENCE OF INCOME FOR LONG-STAY VISAS Beginning January 1, 2019, the U.S. Embassy in Bangkok and the U.S. Consulate General in Chiang Mai will no longer provide the income affidavit and will not notarize previous versions of the income affidavit. @@THAILANDEASY_
Great video I am a resident of both the UK and South Africa but currently live in Mauritius on a retirement permit , very interested in moving to Thailand and retiring there what would be my best visa to apply for I’m 63 years of age and have the funds to deposit , looking for assistance
as far as I know you can apply for NON-IMMIGRANT VISA-O (SPOUSE/DEPENDENT) - I'm not offering any service so you better check with the immigration office
Does any of your advice change for a couple seeking a retirement visa or is it the same? For example, if the bank account is in both names would the balance need to be twice the amount and/or would the monthly income be calculated at twice the amount?
It should be a personal account as far as I know. Please, note, I can't give any legal advise on that. You should check with the immigration in your case
After extending your Visa-O for 270 days, you can renew it for another year or 90 days, depending on your eligibility and the type of extension you qualify for. Check with immigration for specific renewal options.
I thought the tourist visa was different than the 90 day visa and you can only apply for the non O visa with a 90 visa and not the tourist visa? Are you saying get a tourist visa, then apply for a 90 day visa, then apply for a non O visa? Why not apply for the 90 days visa in your home country? Doesn't a tourist visa require a round trip ticket?
You can apply while on a tourist visa, yes. Doesn't a tourist visa require a round trip ticket? - if you plan to apply for your Retirement Visa - book the return ticket that can be refunded
So what happens to the 800kthb? Does it just sit there for the for the entire term other retirement. I'm 46 and looking at a move at 50. It concerns me if I can't use my own money, please advise
You can use your 800,000bht as an active account. You can spend 400,000bht after 3 months but you must have 800,000bht in your account 3 months before Visa renewal. You can't put your money into a term deposit. Savings accounts attract an interest rate of 0.7%. Which you have to Wear.
For a retirement visa in Thailand, the 800,000 THB requirement must be in a Thai bank account for at least two months before applying. After approval, the funds can remain in the account, but you cannot use them for the duration of the visa. If you're 46 and planning to move at 50, you’ll need to keep the funds in the account, but you can withdraw or use them if you no longer need the visa or if you meet other visa requirements.
A term deposit from your home country generally does not count as income for a Thai retirement visa. Thai immigration typically requires proof of monthly income or savings in a Thai bank account to meet the financial criteria. You may need to provide evidence of income from sources like pensions, rental income, or other regular payments.
Thank you for the video and information! Quick question, please.... I have a wife that is my dependant. How does that work with the retirement visa? You said I nee to show 65,000 Thai baht income for me, but then do I need to show another 65,000 for her too? Or is there another amount? Or? Thank you in advance!!
I''ve been working in Thailand for 20 years and will retire sooner than later as I'm in my twilight years. As I'm new to all this I'm bombarded online with the notion that I must pay anything up to 50, 000 baht for an agency to help me with the retirement visa application. My colleague says doing it myself is very easy but I'm still nervous that I will screw it up.
hello. Start with depositing money to a Thai bank account 2 months prior the application or check with your embassy if they can provide you the affidavit verifying the income. that's the most complicated part)))
800,000 in UK account applying in the UK ? the enter Thailand for 1 year with NO 90 days reporting ,Couldn't I spend the 800,000 and repeat that process a year later whilst in the UK ? So really I never need the 800,000 in a Thai Bank .
Thailand is only good for 179 days now for me because of the recent tax changes … dam if I am going to pay income tax on my private pension or capital gains tax on my investments. Bad move by the Thai Govt.
you don't have to pay tax on your pension. this is misinformation. Although yes, you would need another paper to get from your embassy because you have already paid your tax in Your Home country and Thailand has the double tax agreement with most of the european countries , usa and australia. so do not panic. i'll shoot the video about this soon with a Thai lawyer
@@THAILANDEASY_ you are correct regarding state / govt. pensions but not for private pensions if you bring into Thailand the Thai Govt DO want to tax you. Yes I know there are work arounds BUT at the end of the day it’s just more hassle so only 179 days for me until they change their minds if they want me to spend my money for the other 186 days in Thailand every year.
I’ve been looking at ways to move to Thailand recently cause I’m sick of my home country and so far it seems like all the visa are pretty crap and requires you to do a lot of other crappp, that’s just gunna waste your time. Going here and there, waiting, filling out crap wasting more time then doing border runs and visa runs and paying more people blah blah blah more crap. Basically unless you’re fking old as fk, you’re going to be playing their game of musical chairs. Their friggin visas and requirements make no damn sense… jesus
Thailand is not the place to retire anymore. Great to visit or live and work there, but not for retirees. Starting 1 Jan 2024 Thailand now taxes the income of retired Expats (including Pensions), if you live in Thailand 180 days or more in a year, while all the other countries in SEAsia do not. Hopefully Thailand will change their mind, but as it is now, starting on Jan 2025 Expats have been told to pay income taxes on the money they brought to Thailand from 1 Jan 2024 onwards. Thailand also wants to implement worldwide taxation, so even if you dont remit the money to Thailand they want to tax it . No matter how good their Visas are or the country is - for retired Expats Thailand is not the best option (we are leaving).
Good info but my god it seems over complicated to be in Thailand. Why can't they do it like here at the US Mexican border. Let people in illegally, arrest them, then release into the various cities indefinitely. Of course I'm being a smart a** 😁
why stay in a country like Thailand that has this flip-flop system at all? If your an exspat you do not need all this stress and hassel right? l did live in Thailand for many years and l had a good pension from my home country and all of this went into Thailand, and in most of EU there are rules like I have to pay full tax the first year after I have moved out of Norway, then I only pay 15% tax afterwards. And I have to open a bank account in the country I'm moving to in order to have my pension paid there with tax relief, if I keep my Norwegian bank account and choose to withdraw my pension in Norway then yes I have to pay full tax which is much higher and I lose a lot of money on this, so here you can forget about everyone who has the same system as us and this applies to most people in Europe also so l got smart and l move to the philippines and it was totaly diffrent, no hassel at all, no stress with visa and no tax at all, so why stay in Thailand at all. l did go to the Philippines and it was 10 times better, no stress and hassel with visa no tax, and this is what you want as an exspat
𝐂𝐎𝐍𝐓𝐀𝐂𝐓 𝐅𝐎𝐑𝐌 (𝐀𝐠𝐞𝐧𝐜𝐲 𝐡𝐞𝐥𝐩 - 𝐑𝐞𝐭𝐢𝐫𝐞𝐦𝐞𝐧𝐭 𝐕𝐢𝐬𝐚) 𝐡𝐞𝐫𝐞
forms.gle/QrGsXhCZzRQdQbsa6
This is valid and we all need to consider most of TH-cam channels regarding retirement visa are rubbish.. baansmile etc...
Thank you for the clear information, tommorow i become 50 and we are planning to move to Thailand in December with my wife, two sons and our dog to start a new life. We cannot wait.🎉
Best of luck! Have you decided about the place? Say hello to me in Samui
Finally a good video on what you have to do. 2 more years and hopefully we will be doing these steps! Thank you!!
Soon I’ll be doing it myself 😅
Thanky you for this clear summary!
What financials conditions must be met for a maried couple to get the non-immigrant OA visa?
The financial conditions for a married couple to get the Non-Immigrant OA Visa are the same as for individual applicants, requiring each spouse to meet the visa's financial requirements independently.
This is great content!! We need more info about retirement visas as most companies fail to email you back regarding retirement visa. Only in Thailand... :/
Noted!
This is the best No BS explanation I have seen, between all the confusing sources. Thank you very much.
Glad it was helpful! thank you
This was a great information, thank you for sharing. I’m looking forward to the next one!
More to come! Thank you Papas!!!
Excellent analytical summary of the visa requirements 👍 great graphics appreciate the work you have put into making this video, new sub 😁
Glad it was helpful! More to come
I just want to make sure I understand.. I don't have to EVET worry about having the 800,000 TBH in a Thai bank if I have a retirement income from the United States of at least 65,000 TBH per month?
that's correct. you need either 800k or 65k/momth
@@THAILANDEASY_ thank you!
Thank you for this information. This is my dream.
You're welcome! It's my dream too. If you have any more questions about the retirement visa or life in Thailand, feel free to ask!
Health insurance for how long? One year? If I apply from the US, do I have to buy traveling health insurance for one year?
You definitely can extend it when already in Thailand. Or get the local one
Useful information. thank you
Glad it was helpful!
If you're in Thailand with the Non O visa and you got in with an affidavit from your local Thai Embassy verifying your monthly income (rather than having deposited 800K THB), do you have to obtain another, updated affadavit from the Thai Embassy in your home country when you renew your Non O visa? Thanks.
you will need the affidavit every time you apply for the new Non O. It's not a renewal - it's a new application
Thanks for posting this video. It's the best one I've seen explaining the retirement visa process.
Is it the same process every 12 months to renew the visa?
Yes, it is. Thank you for your feedback. And if you have some feedback when you apply, would be great if you share it
The best way to do it.Talk to immigration.
you are right here
Thanks for this video! Very helpful! If my spouse and I plan on taking the Non-O visa route, will 800k Thai Baht in a single bank account with both our names work? Or, do we need 2 separate bank accounts? TIA! :)
Glad it was helpful! You have to have 2 separate bank accounts
Do you get access to the money eventually?
Hi Edward,
Great video.
I have Non-O Visa with multi re-entry which expired 11/9/24.
Q1. Can I buy just 1 way air ticket back to Thailand?
Q2. What to expect in term of Stamp (Departing date?) into my passport at the airport immigration?
Thank you.
Hello. Sorry for the late reply
1. They might ask you for the return ticket
2. So you are coming as a tourist, right? Holders of normal passports of the 64 countries are granted visa-free travel to Thailand for a period of up to 30 days. Or you can apply for 2 months tourist visa in Your country
Very informative video. Thank you!
You're very welcome! Glad it was helpful
What if you have bought a property beforehand? do you just show immigration proof of purchase?
Buying property in Thailand doesn’t count toward the financial requirements for a retirement visa. You still need to show proof of either 800k THB in a Thai bank or a monthly income of 65k THB. The property purchase won’t be considered for the visa, so you'll need to meet the financial criteria separately.
thanks forvery good video helpful
Glad you liked it! thank you
Thanks for making such an important and informative video😊❤
Thank you for your feedback 🙏
Thank you. This is great information.
Glad it was helpful! tank you
for the extension of OA after initial 90 days, you mention the 800k bank but earlier you said 65k income will due; does that also work for the extension?
Yes, both options work for extending an OA visa. You can either:
Show 800k THB in a Thai bank for at least 2 months before the extension application, OR
Prove a monthly income of at least 65k THB.
You can use whichever method suits your situation better!
Hi - thanks for this great information. How do you get a verification of no criminal record? And, if you have a driving while intoxicated conviction from 20 years ago, is that a problem?
Hi. You should check with your local government institutions I believe
local police department should work; probably not re the dwi (usa)
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
@christianalawal3695 That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
@@ElijahReuben- Mind if I ask you to recommend this particular coach you using their service?
@@SantiagoWyatt- VICTORIA CARMEN SANTAELLA Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@@ElijahReuben- She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
Absolutely. Rising costs, low wages, and unaffordable housing are making it tough for many to save for retirement. With homeownership slipping away from the middle class, the retirement crisis will likely worsen. Many may need to explore alternatives like moving abroad or working longer.
So US citizen goes to US embassy ask for an affidavit, correct?
So I can keep my $ in America, correct?
Can I ask hotel help me proof of address without rental agreement?
Can I get ED visa first then apply for O visa later without leaving the country?
yes, you ask for an affidavit from the US embassy - in this case you keep your $ in America, correct.
I'm not sure if hotel will work, unless you will make with them a long-term agreement for at least 1 year.
Can I get ED visa first then apply for O visa later without leaving the country? - need to check with the local immigration office
Found this information, are you sure affidavit is still working?
FACT SHEET: EVIDENCE OF INCOME FOR LONG-STAY VISAS
Beginning January 1, 2019, the U.S. Embassy in Bangkok and the U.S. Consulate General in
Chiang Mai will no longer provide the income affidavit and will not notarize previous versions of
the income affidavit. @@THAILANDEASY_
Great video I am a resident of both the UK and South Africa but currently live in Mauritius on a retirement permit , very interested in moving to Thailand and retiring there what would be my best visa to apply for I’m 63 years of age and have the funds to deposit , looking for assistance
Please, find the form under the video, the information will be sent directly to the lawyer
Thank you for information.
You are welcome. Thank you
and on top of everything the bank account has to be on your name only not with a wife incase something happens to you b
indeed. thank you for your comment
when a person live in thailand with non O visa, he or she can take along with his or her spouse and family.
as far as I know you can apply for NON-IMMIGRANT VISA-O (SPOUSE/DEPENDENT) - I'm not offering any service so you better check with the immigration office
Does any of your advice change for a couple seeking a retirement visa or is it the same?
For example, if the bank account is in both names would the balance need to be twice the amount and/or would the monthly income be calculated at twice the amount?
It should be a personal account as far as I know. Please, note, I can't give any legal advise on that. You should check with the immigration in your case
once you extended you Visa-O to 270 more days, after that period can you renew it for another year or 90 days?
After extending your Visa-O for 270 days, you can renew it for another year or 90 days, depending on your eligibility and the type of extension you qualify for. Check with immigration for specific renewal options.
I thought the tourist visa was different than the 90 day visa and you can only apply for the non O visa with a 90 visa and not the tourist visa? Are you saying get a tourist visa, then apply for a 90 day visa, then apply for a non O visa? Why not apply for the 90 days visa in your home country? Doesn't a tourist visa require a round trip ticket?
You can apply while on a tourist visa, yes. Doesn't a tourist visa require a round trip ticket? - if you plan to apply for your Retirement Visa - book the return ticket that can be refunded
@@THAILANDEASY_ Thanks great information on the process and the different visa requirements between the O and O-A retirement visas.
So what happens to the 800kthb? Does it just sit there for the for the entire term other retirement. I'm 46 and looking at a move at 50. It concerns me if I can't use my own money, please advise
You can use your 800,000bht as an active account. You can spend 400,000bht after 3 months but you must have 800,000bht in your account 3 months before Visa renewal. You can't put your money into a term deposit. Savings accounts attract an interest rate of 0.7%. Which you have to Wear.
@@AceMustang-ql9ws thankyou! Does a term deposit from my home country count as income there?
@@michaelferguson651 No, money has to be in a Thai bank.
For a retirement visa in Thailand, the 800,000 THB requirement must be in a Thai bank account for at least two months before applying. After approval, the funds can remain in the account, but you cannot use them for the duration of the visa. If you're 46 and planning to move at 50, you’ll need to keep the funds in the account, but you can withdraw or use them if you no longer need the visa or if you meet other visa requirements.
A term deposit from your home country generally does not count as income for a Thai retirement visa. Thai immigration typically requires proof of monthly income or savings in a Thai bank account to meet the financial criteria. You may need to provide evidence of income from sources like pensions, rental income, or other regular payments.
very clear thank you
Glad it helped thank you
Very helpful!
Glad it was helpful! Thank you
Do i need health insurance please
Yes, you need health insurance to apply for a retirement visa in Thailand. It must meet the minimum coverage requirements set by Thai immigration.
Thank you for the video and information! Quick question, please.... I have a wife that is my dependant. How does that work with the retirement visa? You said I nee to show 65,000 Thai baht income for me, but then do I need to show another 65,000 for her too? Or is there another amount? Or? Thank you in advance!!
Good day, the same rule applies for your wife too
I''ve been working in Thailand for 20 years and will retire sooner than later as I'm in my twilight years.
As I'm new to all this I'm bombarded online with the notion that I must pay anything up to 50, 000 baht for an agency to help me with the retirement visa application.
My colleague says doing it myself is very easy but I'm still nervous that I will screw it up.
hello. Start with depositing money to a Thai bank account 2 months prior the application or check with your embassy if they can provide you the affidavit verifying the income. that's the most complicated part)))
@@THAILANDEASY_l've lived here for 20 yesrs so funds alresdy in bank
Thanks
Welcome no problem Elia
Great video
Glad you enjoyed it
If I open a bank account and put 800,000 in, but decide after 1 year that Thailand isn’t for me is it easy to get the money out?
Sure. Just withdraw it - no issues
what about couples retirement??
Do you mean get one retirement and one follow up visa?
thanks
most welcome
Good video. Hope you can advise us. I just did the contact form.
waiting for your feedback for this lawyer firm please
So you pay the 1,900 baht twice?
No, just at renewal every year, plus your re entry permit.
800,000 in UK account applying in the UK ? the enter Thailand for 1 year with NO 90 days reporting ,Couldn't I spend the 800,000 and repeat that process a year later whilst in the UK ? So really I never need the 800,000 in a Thai Bank .
you don't in this case
who wants to go through all these for 2 years stay ? with 3 months extant-ion 9 months is all I can handle in Thailand
it's not that bad while you did it once
Liked
Cool! Thank you for that my friend
Thailand is only good for 179 days now for me because of the recent tax changes … dam if I am going to pay income tax on my private pension or capital gains tax on my investments. Bad move by the Thai Govt.
you don't have to pay tax on your pension. this is misinformation. Although yes, you would need another paper to get from your embassy because you have already paid your tax in Your Home country and Thailand has the double tax agreement with most of the european countries , usa and australia. so do not panic. i'll shoot the video about this soon with a Thai lawyer
@@THAILANDEASY_ you are correct regarding state / govt. pensions but not for private pensions if you bring into Thailand the Thai Govt DO want to tax you. Yes I know there are work arounds BUT at the end of the day it’s just more hassle so only 179 days for me until they change their minds if they want me to spend my money for the other 186 days in Thailand every year.
I’ve been looking at ways to move to Thailand recently cause I’m sick of my home country and so far it seems like all the visa are pretty crap and requires you to do a lot of other crappp, that’s just gunna waste your time. Going here and there, waiting, filling out crap wasting more time then doing border runs and visa runs and paying more people blah blah blah more crap. Basically unless you’re fking old as fk, you’re going to be playing their game of musical chairs. Their friggin visas and requirements make no damn sense… jesus
if you have spare 20k thb a year then you can use a service from one of the local companies to avoid the hustle
Thailand is not the place to retire anymore. Great to visit or live and work there, but not for retirees. Starting 1 Jan 2024 Thailand now taxes the income of retired Expats (including Pensions), if you live in Thailand 180 days or more in a year, while all the other countries in SEAsia do not. Hopefully Thailand will change their mind, but as it is now, starting on Jan 2025 Expats have been told to pay income taxes on the money they brought to Thailand from 1 Jan 2024 onwards. Thailand also wants to implement worldwide taxation, so even if you dont remit the money to Thailand they want to tax it . No matter how good their Visas are or the country is - for retired Expats Thailand is not the best option (we are leaving).
You make a good point. Let's see how it turns for their economy and if they make any changes in the nearest future
Good info but my god it seems over complicated to be in Thailand. Why can't they do it like here at the US Mexican border. Let people in illegally, arrest them, then release into the various cities indefinitely. Of course I'm being a smart a** 😁
hahahah enter Thailand by tail boats ))
why stay in a country like Thailand that has this flip-flop system at all? If your an exspat you do not need all this stress and hassel right? l did live in Thailand for many years and l had a good pension from my home country and all of this went into Thailand, and in most of EU there are rules like I have to pay full tax the first year after I have moved out of Norway, then I only pay 15% tax afterwards. And I have to open a bank account in the country I'm moving to in order to have my pension paid there with tax relief, if I keep my Norwegian bank account and choose to withdraw my pension in Norway then yes I have to pay full tax which is much higher and I lose a lot of money on this, so here you can forget about everyone who has the same system as us and this applies to most people in Europe also so l got smart and l move to the philippines and it was totaly diffrent, no hassel at all, no stress with visa and no tax at all, so why stay in Thailand at all. l did go to the Philippines and it was 10 times better, no stress and hassel with visa no tax, and this is what you want as an exspat
Because Thailand is lovely)) simple is that) nice and kind people is my choice
Sorry don't want to retire in Thailand, better and easy is Turkey
Everyone finds his own paradise