Things you need to know about the Thai retirement visa:
Thailand retirement visa is the popular term for "Extension of Stay Based on Retirement”. It is an extension of a Non-Immigrant O Visa or Non-Immigrant OA Visa.
The visa can be valid either for a single entry or multiple entries.
This is a long term Thai visa that entitles the holder a stay of uninterrupted 1 year period in Thailand.
The visa is renewable every year and the renewal process can be done inside Thailand (requirements for the visa renewal still apply).
Applicant must be 50 years of age or over
Must meet any of the financial requirements:
Security deposit of THB 800,000 in a Thai bank account for 2 months prior to the visa application
Monthly Income of 65,000 THB
Combination of security deposit and annual income with a total of 800,000 THB
Supporting documents are as follows:
In case of security deposit, you will provide an updated bank book or passbook together with a bank letter stating that the money had been deposited to the account from an overseas source for not less than 2 months.
In case of income, a letter from your embassy in Thailand verifying your monthly income;
In case, your embassy does not issue an income letter, you will provide a 12-month bank statement showing a regular deposit of 65,000 baht into a Thai bank account.