New 10 year retiree visa for Thailand.
(Last Updated 23 August 2017)
- 0.1 So what does Philly say about this “new 10 year retirement visa” for Thailand?
- 0.2 When I Read This I Wanted To Email Rob And Say WTF? YGBSM!
- 0.3 Rob, I Think You’re Camping Out In The Wrong Place
- 0.4 $200 Bucks and All this for 60 days at a time?
- 0.5 Wait A Minute, Dave, You Are Off Track, This Was Supposed to Be About Retirement Visas
- 0.6 When Most Of Us Plan Retirement We Are Thinking Of The rest Of Our Lives
- 0.7 Frankly, Thailand’s Concept Of A Retirement Visa Leaves my a Little Cold.
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Thailand has long been known as a country that welcomes foreign retirees who can prove they have plenty of cash in the bank. However, these retirees were still forced to go through a long series of paperwork each year to renew their retiree visa.
Now, a new retiree visa good for a decade has been approved and announced on Tuesday. The new visa quickly earned the nickname the “geeza visa” online, since you have to be over 50 to apply for it, reported Phuket Gazette.
Though it’s supposedly good for a decade, it has to be applied for in two installments of five years each. Only citizens of 14 countries are eligible, and they also need to have THB3 million (USD90,000) in the bank.
People from Denmark, Norway, the Netherlands, Sweden, France, Finland, Italy, Germany, Switzerland, Australia, the U.S., the U.K., Japan, and Canada can currently apply.
Lt. Gen. Natthathorn Prohsunthorn said that foreigners can apply for the new long-stay visa at Thailand’s provincial immigration offices, if they already reside in the country, or from their home country as well.
In addition to having THB3 million in the bank and being over 50, applicants must have sufficient health insurance, no pending criminal charges, and no past criminal convictions.
So what does Philly say about this “new 10 year retirement visa” for Thailand?
So what? Is what I say. For years now I have been listening to a lot of uninformed or ill-informed pundits trumpeting how wonderful the nation of Thailand is for foreign expats and retirees.
Thailand certainly seems to have done its public relations work well on this issue, you can find dozens of articles extolling the virtues of Thailand for retiree and younger expat living while favorable articles about the Philippines seem few and far between. Mystifies me.
A Really Smart Man, Except For His Choice Of Countries:
I have an online colleague, Rob Cubbon who is originally from London and has lived in South East Asia for some years now, making a living by doing web design work, selling ebook, teaching online business courses and selling on Amazon.
I really have a lot of respect for Rob, except, perhaps, his choice of a place to live.
… I’m in a riverside cafe in Phnom Penh at the moment trying to get a visa for Thailand after being in Bangkok for a few days. This gives me a good excuse to catch up with one of Cambodia’s foremost bloggers and old friend, Santel Phin. My visa application was rejected but I’m reliably informed it’ll be OK in Laos, so tomorrow I’m flying to Vientiane…
When I Read This I Wanted To Email Rob And Say WTF? YGBSM!
(if you don’t know the meaning and history of YGBSM, Google it, I am an original Wild Weasel.)
I held myself back because I really don’t feel I know Rob well enough to start second-guessing him on his living choices, but really.
Having to fly out of the country every two months or so and then wait for a chance at a limited supply of tourist visa renewals … hoping your number will come up, and then flying to the Thai embassy in another country if you don’t succeed the first time?
There are a number of long-term visa choices available in the Philippines, but you don’t even need a long-term visa to stay here as long as three full years. No flying around Asia like a stateless person.
If the Philippines worked like Thailand currently does for retirees and younger expats, I’d move to Oblong, Illinois!
Rob, I Think You’re Camping Out In The Wrong Place
In the Philippines, when you show up at the airport with just your passport, ou get a 30 day stay for free, and anytime during that 30 days you can extend for either 60 or 80 days at any immigration office for a small fee. No fuss, no muss, no bother. (You can even use a licensed travel agent to do the renewals for you for a few bucks).
You can keep extending until your total stay adds up to 3 years and then you have to leave for as little as a day, come back and wash, rinse, repeat.
In Thailand, when you show up t the airport you get a 30 day stay stamped in your passport which you can extend 30 more days. Then, out you go.
If You want to stay longer than the initial 30/60 days you need to get a multiple entry tourist visa from a Thai embassy or consulate before you go to Thailand in the first place.
You can’t get such a visa “inside” Thailand, you have to leave and pay and wait around and hope at a Thai embassy outside the Kingdom. Here’s what’s involved in getting such a visa:
Refer to http://www.reinvent.today/thailand-visa/
When you get your visa, you will notice the “Enter before” field. There will be a date under the field. The way that date is calculated: 6 months are being added to the date of your arrival to Thailand. Let’s assume, you’re arriving to Thailand on April 10, 2016, which means the “Enter before” date will be September 25, 2016. NOW READ CAREFULLY.
You would need to leave Thailand every 60 days (or no later than every 60 days). You can come back to Thailand the next day or any time until September 25. Once you come back, you get another 60 days, then leave Thailand again, come back and get another 60 days. You get 6 month total. However, let’s say you leave Thailand on September 23 and come back on September 24th – in that case, you get another 60 days, which means the total length of your stay can be up to 8 month if you do the math right. After that, you can’t extend your visa. You have to go back to the U.S. and get another visa if that’s something you’re interested in pursuing.
$200 Bucks and All this for 60 days at a time?
Frankly I really find it hard t figure why so many digital nomads, laptop entrepreneurs and retirees continually promote Thailand as a better choice than the Philippines. It doesn’t add up.
Wait A Minute, Dave, You Are Off Track, This Was Supposed to Be About Retirement Visas
Yes, you are absolutely right.
If you want to actually retire in the Philippines you can choose from a number of option in the SRRV (Special Resident Retirement Visa) program.
Eligibility starts as early as age 35 and a deposit i a Philippine bank … or an investment in a condo (or lease of a house and land), ranges from $50,000 USD to as low as $1500 USD for qualified military vets.
Thailand retirement visas require you to be at least 50 years of age and have similar bank deposit and monthly income requirements.
But think about this factor …
A most important point to consider when looking into each country’s visa programs is the length of stay allowed for “retirees”.
When Most Of Us Plan Retirement We Are Thinking Of The rest Of Our Lives
The Philippine SRRV options all deliver a lifetime residency visa as part of the package.
On the other hand the basic Thai “retirement” visa is only good for one year of stay. Yep, you have to apply again and again, or else get the “new” 10 year visa.
When you are retired, 10 years goes by in a flash.
So if I moved to Thailand to avail of the 10 year retirement visa, I would have to be schlepping off to the Thai immigration offices when I was 83. And then again at 93. And would I make it to 103?
I don’t know, but if I do I don’t want to be standing in line and filling up forms in an Immigration office at 103, that’s for sure.
Frankly, Thailand’s Concept Of A Retirement Visa Leaves my a Little Cold.
A lot gets written online about retirement in the Philippines versus retirement in Thailand, but, having lived long-term in both countries, I’m here to tell you that a lot of what’s written is pus=re BS, often by people with no experience in the Philippines.
So, New 10 year retiree visa for Thailand. So what?