Difference between Non-O Retirement and LTR Pensioner?

Non-O: annual renewal · THB 800,000 Thai bank balance · 90-day report · LTR: 10 years · no balance rule · yearly report.

How many days/year in Thailand to maintain the visa?

No minimum days · but you cannot be outside Thailand for 12 consecutive months without a Re-entry Permit.

Should I buy Thai health insurance?

Yes — Bupa / AXA Thailand / Cigna Thailand meet BOI standards and cost less than foreign policies covering the same limit.

Wealthy Pensioner

LTR สำหรับผู้เกษียณอายุ · § Wealthy Pensioner

Quick Answer

10-year retirement visa (not 1-year Non-O) · multiple entry · yearly report · no THB 800,000 Thai bank balance requirement · optional Digital Work Permit for part-time work.

Timeline: 3–4 months (vs Non-O Retirement 4–8 weeks but must renew annually)

Official fees: THB 50,000 per person (10 years) — cheaper on average than annual Non-O renewals.

Eligibility

Age ≥ 50 · pension / passive income ≥ USD 80,000/yr (USD 40,000–80,000/yr requires Thailand investment ≥ USD 250,000) · health insurance USD 50,000.

Required Documents

Pension letter from SSA / DWP / Centrelink / foreign SOE
12-month bank statement showing pension inflows matching declared amount
Health insurance USD 50,000 with Thailand in-patient coverage
Age proof (birth certificate / passport bio page)
Police clearance from country of residence ≥ 12 months
Investment proof USD 250,000 (if income USD 40,000–80,000)

Pitfalls to Avoid

Some 'private pension plans' (e.g. Australian Super drawdowns) are not counted as pension → BOI may reject
Health insurance must be from a Thai OIC-registered insurer — foreign policies fail regardless of coverage
Age 50 assessed on filing date, not visa issuance date

Best Fit

US Social Security retirees relocating to Chiang Mai / Hua Hin
UK State + private pension combos
Australian Age Pension holders avoiding portability restrictions

Frequently Asked Questions

Difference between Non-O Retirement and LTR Pensioner?: Non-O: annual renewal · THB 800,000 Thai bank balance · 90-day report · LTR: 10 years · no balance rule · yearly report.
How many days/year in Thailand to maintain the visa?: No minimum days · but you cannot be outside Thailand for 12 consecutive months without a Re-entry Permit.
Should I buy Thai health insurance?: Yes — Bupa / AXA Thailand / Cigna Thailand meet BOI standards and cost less than foreign policies covering the same limit.