| Thailand Retirement Visa |
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| Written by Administrator | |
| Tuesday, 18 November 2008 | |
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Thailand is now encouraging long-stay foreigners – especially as it pertains to retirees. Thailand actually welcomes retiring foreigners with open arms, to the point that there is a special visa for retirees. Retired immigrants must be over the age of 50 (which is already a bonus, especially for immigrants from the United States) and must bring into Thailand an amount of foreign currency which totals greater than 800,000 baht. If those requirements are met, foreigners can apply for their retirement visa. There are certain other qualifications which must be met by any foreigner wishing to retire in Thailand. In addition to age restrictions, no potential retirees can have been prohibited from entering Thailand under their Immigration Act. As far as money goes, if the foreigner’s monthly income is less than 65,000 baht, he or she is not eligible. Furthermore, the appropriate amounts of money must ultimately be put into a bank in Thailand. As well, prospective retirees cannot have a criminal record.
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| Last Updated ( Tuesday, 18 November 2008 ) |
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