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What is the correct process for obtaining a retirement visa in Thailand as a New Zealand citizen?

Jan 27, 2025
a month ago
Tony *******
ORIGINAL POSTER
Hi guys.👋

So I’ve booked a one way ticket to Phuket late April. I’m well travelled and have been to SE Asia many times.

Planning on a retirement one year visa initially and may buy/start a business there.

So the process order is.

- find accommodation and get TM30

- arrange bank account and deposit 800,000bth

- apply for retirement visa

- this deposit has to be in for 2 months before I can apply.. yes?

- organise health insurance for $100,000us

Therefore as I have 60 days (I’m a kiwi coming for retirement visa, not elite) I have to a boarder run to get another 60 days until my deposit is recognised.

I’m I correct on the methodology ?

Getting a Thai drivers licence will be easy.

Cheers
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TLDR : Answer Summary
The user is planning to apply for a retirement one-year visa in Thailand, outlining a sequence of steps including finding accommodation, opening a bank account for an 800,000 THB deposit, applying for the visa, and obtaining health insurance. They seek confirmation on whether the deposit must be in the bank for two months before applying and mention needing to do a border run for an additional 60 days. Commenters clarify that there is no specific time requirement for the deposit for the initial visa application, unless applying in Jomtien, and suggest verifying with the embassy about other document options.
NON-O RETIREMENT VISA RESOURCES / SERVICES
  • Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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Ron ******
Not allowed to work with retirement visa
Tony *******
ORIGINAL POSTER
@Ron *****
who said anything about working?

I can co-own a business.
Ron ******
@Tony ******
active mangement has gotten some folks hung up, usually as result of jealous competitors or disgruntled employees. Best of luck to you
Graham ******
Therre is no seasoning for your 800k for your initial Non-O (except in Jomtien) so no border bounce necessary as long as you can open a bank account in time
Ellie *******
Q. - this deposit has to be in for 2 months before I can apply.. yes?

If you are applying in Phuket, there is no requirement for a specific period your funds in a Thai bank account for the initial Non-O visa based on retirement.

You can apply for a visa a day after you have a deposit in your Thai bank account.

Two months of seasoning is for a 1-year extension after the initial visa for 90 days.

Also, there is no requirement for mandatory insurance for an in-country Non-O regiment visa application.

That plan sounds okay. It depends on how early you have your funds in Thailand whether process goes to smooth or not. Check with your embassy in Thailand if they issue an affidavit of income. If they do, you can use an embassy letter instead of a deposit in a bank account.
Ty *******
@Ellie ******
sounds right, I don’t have the drivers license but know how to mumble talk around using an expired US license. When apply, wear a Suit with tie.
Graham ******
@Ellie ******
good point, I think NZ still does the income affidavit
Tony *******
ORIGINAL POSTER
@Graham *****
I’ll just pay the 800,000bht. Way easier.
Graham ******
@Tony ******
many people would wish their Embassy still did the income affidavit so would argue with that
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