Retirement for most means the time to be able to
savor the fruits of his efforts, and time for leisure. Retirement can be spent
in simple ways. You can choose to stay with the family and have quality time
with them the traditional way. A retiree can also opt to put up a business to
continue earning something even though he had already stopped working formally.
On the other hand, retirement can be enjoyed to its fullest if you will have
the opportunity to visit other places just like Thailand. With just a little
amount, you can optimize the benefits of your retirement by going to and fro
different tourist places globally. In Thailand, it is great to have a vacation.
If you want, you can also stay in Thailand for good. In here, you can experience
the wonder of nature and at the same time see how the world progresses.
Retirement in Thailand is the perfect time and place for retirees to relax and
pamper themselves. After the long years of hard work, this is the only time
when you can give yourself some reward.
Retiring in Thailand is verily ideal. In this place
you will get to experience serenity, closeness to nature, warmth of people,
distinct culture, nice climate, and a lot of activities. Once you get here, you
will instantly feel at home, to such extent that you will decide to stay for
good. Thailand is a spot which is often visited. Reports have it that about
twelve million people visits Thailand annually. In the years to come, this is
expected to increase, especially because of the Thailand retirement visa
policy.
In order to acquire a Thailand retirement visa, you must have the
following documents: the non-immigrant visa, Letter from Thai Bank, proof of
passing the financial requisites, medical certificate, photos, and departure card.
To obtain a Thailand retirement visa, one must fulfill the financial
requirements. In this requirement, an applicant must show that have sufficient
monthly income as prescribed under the Thai government, and that he have a bank
account which must have at least 800,000 in Thai currency.
Once all the requirements have been complied with, the process
will be faster. Once your visa is approved, other processes and formalities
will follow. What will happen next is your act of signing your Thailand
retirement visa. In here, you will have to personally appear before the
immigration office of Thailand. In the
said office, you will have to sign your passport and other necessary documents.
In this stage, don’t forget to bring you passport. After signing, the staff of
the Thai immigration office will place a stamp on the time of the approval of
your passport.
Retirement visa Thailand
when so approved will give you an opportunity to stay in the country for a
year. However, you are not allowed to engage in any employment. Persons having
the Thailand retirement visa are restricted from seeking employment in the
country. Also, you must report to the immigration office every 90 days. This is
necessary because the immigration office mandated to keep track of your present
address. This reporting requirement is extremely necessary. This is a means
through which Thailand can guard itself against excesses or abuse by immigrants
of the privilege they are given. This is intended to prevent the practice of
aliens in going in and out of Thailand, and staying only to report for the 90th
day. If you are already intending to
leave Thailand, you will still have to secure a Re Entry permit with the Thai
immigration office.
If you are intending to
stay in Thailand for quite a long time, say a year; necessarily you will need
to bring your things over. For this purpose, the Thai government, by virtue of
your Thailand retirement visa will give you an allowance of six months within
which to bring your things over. Take note that in doing so, your things to be
transported is not subject to tax. But if you are opting to stay for a period
shorter than a year, the items will be subject to tax.
As aptly mentioned, aside from a Thailand retirement visa, a Re
entry permit must also be secured before you leave Thailand. The Re entry
permit will make it easier for you to get an extension to stay. The Re Entry
permit will also be issued by the Thai immigration office. Note has to be taken
though that once your extension of stay permit expires, your Thailand
retirement visa is also deemed expired. In cases as these, you have the remedy
of renewing your Thailand retirement visa. This can be done in Thailand, and
like the usual process, you will have to undergo the same process. Meaning, you
will have to secure the non-immigrant visa and submit the necessary
requirements and documents.
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