Non-Immigrant O – Retirement Visa Thailand
Thailand has established a specific Retirement category visa for those over 50 years of age who wish to retire in Thailand. There are numerous privileges such as being able to open a bank account, importation of personal effects and furnishings tax free, and automatic conversion from a 90-day visa to one year.
There are, however, a number of conditions that must be met, including proof of ongoing income, or the deposit of a lump sum into a Thai bank. Furthermore, the Retirement visa for Thailand prohibits the holder from working, and holders must still report to authorities every 90 days.
For those looking to enjoy the lifestyle and tax advantages of retirement in this tropical paradise, the Retirement Visa for Thailand may be just what they are looking for. The processes and procedures must be handled correctly and the ongoing reporting requirements make it important for things to be handled properly from the start. Trust Premier Thai Lawyers to handle these important matters for you. We can help you in your retirement visa application, with our perfect knowledge of thai visa requirement.