How much do I need to prepare for retirement in Thailand?

According to Thai law, foreigners who are over 50 years old and have certain financial ability can apply for a Thai pension visa, that is, a retirement visa. The pension visa is signed once a year and can be renewed indefinitely. Unlike Malaysia, Thailand's neighboring country, which requires the freezing of funds, 800,000 baht in the bank account can be taken out at any time for other purposes, house purchase or other purposes after the issuance of Thailand's pension visa.

Thailand pension visa application conditions:

1. At least 50 years old.

2. There is at least 800,000 baht in the personal bank account opened in Thailand.

Materials to be prepared:

1. Applicant's passport

2. Proof of deposit of 800,000 baht in the applicant's personal account in Thailand.

3. Business visa (if you enter the country with a tourist visa, you need to change your tourist visa to a business visa before you can change your pension visa)

4. Six 2-inch photos with white background

5. The application form and other application materials of the Immigration Bureau are provided by Liang Ming overseas.

Thai pension sign can carry spouse and children under 18. Sign it once a year and renew it indefinitely.