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Author Topic: Foreigners can get retirement visa by paying some money in Bangkok?  (Read 540 times)

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Offline positivemind16

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  • Posts: 15
If I'm only 35 yrs, can I retire in Bangkok and get the residential visa?

How much? And how about the medical insurance ?

Offline shizukav2

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Online JimDublin

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Re: Foreigners can get retirement visa by paying some money in Bangkok?
« Reply #2 on: July 22, 2016, 08:42:15 AM »
You mean retire at 35 ?? I highly doubt it. However by chance find a nice place to retire at 35 that has medical care, clear out your spare room as I will be joining you.

But on a serious note I thought that Thailand (At least i was reading)  civil servants  retirement age is increasing to 65 and average age is 55+ ish is also increasing for retirement as well.

You are 35 man, go live and enjoy it. Plenty of time to retire when your older, and when you do retire one day you can enjoy time at the pool and socializing with other "older" people named "Jeff"   

http://www.bangkokpost.com/learning/work/912924/civil-servants-to-retire-at-65

Jim
HIV 101 - Basics
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Offline Wade

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  • Posts: 2,161
Re: Foreigners can get retirement visa by paying some money in Bangkok?
« Reply #3 on: July 22, 2016, 09:21:15 AM »
LOL...Yes Jeff is enjoying retirement by the pool ,
he is meeting lots of new friends and is enjoying life in Palm Springs.
God knows he deserves it after all the years running the Forums.

Now we have Jim tending the desk at the Hotel California ...!!!
HIV 101 - Basics
 HIV 101
 You can read more about Transmission and Risks here:
 HIV Transmission and Risks
 You can read more about Testing here:
 HIV Testing
 You can read more about Treatment-as-Prevention (TasP) here:
 HIV TasP
 You can read more about HIV prevention here:
 HIV prevention
 You can read more about PEP and PrEP here
 PEP and PrEP

Offline zach

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  • Posts: 3,312
Re: Foreigners can get retirement visa by paying some money in Bangkok?
« Reply #4 on: July 22, 2016, 10:24:35 AM »
If I'm only 35 yrs, can I retire in Bangkok and get the residential visa?

How much? And how about the medical insurance ?

When you turn 50; yes, you can. It is called a Non-Immigrant O-A Retirement/Long-Stay Visa. Issued one year at a time, and renewable. You are not allowed to work on this Visa. Technically, it is not a resident Visa
http://www.thaiembassy.com/retire/retire.php

More important than the cost (about $200) of the NI OA Visa, is proving that you have funds to be self sufficient. You have to show that you have money in the bank.

Financial Requirements are as follows:
  • Bank Account showing TH฿ 800,000
  • Monthly income of at least TH฿ 65,000
  • Combination (Bank Account + Income x 12 = TH฿ 800,000)
800,000.00TH฿   =  22,906.58 USD
1 USD = 34.9245 TH฿

Before you, or anyone else, asks whether or not HIV is a problem. No, it is not an issue.

Note: The reason for issuing the Ministerial Regulation is that at present, the situation concerning HIV/AIDS has changed immensely. Prevention of infected aliens or those who are HIV+ into or to reside in the Kingdom has no effect on the spread of this disease within the nation. Thus, HIV/AIDS should not be set as a disease for prohibiting aliens infected with such disease to travel into or to reside in the Kingdom as in accordance with the Articles 12 (4) and 44 (2) of the Immigration Act B.E. 2522. http://thailaws.com/law/t_laws/tlaw0127_no1.pdf

________________________________________________

Now, all that said, I'm not sure if you've ever been to Thailand before. I would suggest visiting on a tourist Visa, or even just go as a Visa exempt entry. Learn how to do a border Visa run to extend your stay. There is an entire cottage travel industry that serves this need for the expat community. It is possible to live in Thailand long term without being on a "retirement" Visa.

I'm sure Terry will be along at some point to add some experience, he lives there.



Offline Expat1

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Re: Foreigners can get retirement visa by paying some money in Bangkok?
« Reply #5 on: July 24, 2016, 04:41:18 PM »
At 35 you cannot get a retirement visa.  If you have a college degree and wish to teach English, you can probably get a job that pays 30-40k baht a month.   The job will help you with the work permits and visas.   The 30-40k is enough to get an apartment, and live a reasonable lifestyle.

The retirement visa info posted above is accurate.

You will want a government job that offers social security insurance if you want insurance as all private insurances in Thailand exclude HIV cover specifically.   (Foreign expat policies probably have preexisting limitations.) The social security program does not have preexisting limitations.   It can also be purchased if you stop work at someting like $15 per month after you are covered by an employer for one year.  It covers some (but not all) medicines.

If that interests  you check out the info in the health forum of ajarn forum dot com.  and a sticky by Killing Me Softly 101 (author is a fan of the song) has all information about Teaching and being HIV positive.  The prices of some of the medications have come down since the post was created.   And those can now be checked at Adams Love thai red cross center.  ajarn is thai word for professor (Teacher).  ajarn forum is an expat teachers in Thailand board.

The other option long term is to be a student but then of course you actually have to study something.  BA, MA, sometimes--depending on the mood of the immigration office-- Martial Arts or Thai Language.  Each visa has different hoops you have to jump through. 

Good luck in what ever you decide to do.

Being HIV positive is not an issue.  Though due to social stigma, most keep it quiet.

You will have to self fund your HIV treatment ( unless you manage to get Social Security cover) but the drugs are much cheaper here in Thailand. 
Figure an nnrti regiment at around $20-100 per month and a PI regiment at around $200 monthly.   Other treatment options are expensive.  $500up per month.

Offline Johnny452

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Re: Foreigners can get retirement visa by paying some money in Bangkok?
« Reply #6 on: August 05, 2016, 08:12:20 PM »
I believe at 50 i think you can deposit like 20K in for a certain amount of years.  Im not sure if can get it back though if you decide you dont want to live there anymore?

Offline zach

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Re: Foreigners can get retirement visa by paying some money in Bangkok?
« Reply #7 on: August 05, 2016, 08:46:51 PM »
I believe at 50 i think you can deposit like 20K in for a certain amount of years.  Im not sure if can get it back though if you decide you dont want to live there anymore?

get it back?! nah man, you don't give up the money, it's always yours. you're just showing that you have the means to be self sufficient for a year. it's in your own account, you just have to show that you have the money deposited in it, you're expected to live off that money.

 


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