For the new generation of retirees
retirement means a new phase of learning but with leisure. But the most
important question lingering in their mind is where in this planet is the best
place to spend retirement. They wonder if there is still a place that can accommodate their idea
of retirement. Retirement in Thailand
is their solution. Retiring in Thailand
does not resonate much of the common notion that retirement is the end of
linear working routine.
There are numerous reasons why people
choose Thailand
as their retirement haven. For one, the tropical climate of this place has been
a major attraction. This is ideal for those who enjoy hot days and intimate
sultry nights. The Thai people are also very fascinating bunch of people. They
are genuinely friendly and polite. Thailand also has an eclectic
number of expatriates allowing you to meet people around the globe. This
Kingdom boasts in its wide array of fruits combined with a delectable range of
seafood dishes, curries and soups.
Should you decide to retire in Thailand, the first thing you need to secure is
a Thailandretirement visa also known as Non Immigrant O-A Visa. You need to be at least
50 years old to be a qualified applicant. You should also be a holder of password
with which has a validity of at least one year more. The financial obligations
that you need to meet include a bank account showing either 800,000 Baht or a
monthly income of 65,000 Baht or 800, 000 Baht combined bank savings and
income. This amount must be deposited in a Thai bank at least 2 months before
the date of application. This requirement should be certified by a bank
officer. You must also submit a passport size photograph taken in the last six
months and a medical certificate. If you have a spouse who is less than 50
years old and would like to come with you in Thailand, he or she can apply for a
dependent visa.
Once you were notified that your
application as been approved, you must appear personally at the Immigration
office and sign the necessary document in front of the officers. The latter
will then stamped your document and that signifies the start of the validity of
your Thailand
retirement visa. The visa will allow you to stay in Thailand for a period of one year.
You are required to update the immigration office of your address every 90
days. You are prohibited from engaging in any type of employment. Upon
expiration of your retirement visa Thailand, you can apply for an extension of
stay which can be granted the same period as what you originally have.
Applying for the Thailandretirement Visa seems a very tiring task. The required documents and procedure
is very overwhelming. But should you decide to pursue this plan, there are
numerous law firms in Thailand
that can help you with your visa application without any hassle. The G.A.M
Legal Alliance is among those firms who can provide high standards of advice
and service to those who would like to make Thailand their retirement home.
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