Why invest in real estate in Bali?
06/11/2024
Bali real estate Investor tipsIf you’re planning to retire in Thailand, there are a number of practical details you need to take care of before you leave.
First of all, let’s look at one of the most important: obtaining a Thai retirement visa.
The Thai government has introduced a special visa for retirees: a one-year renewable visa, subject to financial resources of at least €1,700 per month or a Thai bank account credited with the equivalent of €21,000. Visa applicants must be at least 50 years old.
A variant of this visa is available for a renewable five-year period, at a higher cost.
For further information, please refer to the following website
the website of the Thai Embassy in France.
Here’s some other key information to help you in your preparations:
You’ll need comprehensive health insurance to access medical services in Thailand. The cost of this insurance may vary according to your age and/or pre-existing medical conditions.
However, to obtain a retirement visa, you will need to provide proof of retirement to prove your financial resources (equivalent to at least 65,000 baht) or deposit the sum of 800,000 baht in a bank account.
Discover now our real estate in Thailand on the dedicated page of our website. Don’t hesitate to contact our teams to find the villa or apartment of your dreams!
In summary, in order to retire in Thailand, you must meet the following conditions:. Be 50 years of age or older . Meet the following financial conditions: make a security deposit of 800,000 THB (about €21,000) in a Thai bank account or have a monthly income of at least 65,000 THB (about €1,700), as well as proof that they meet the financial conditions (bank statements, for example). . A passport valid for at least 18 months from the date of departure for Thailand. . Comply with current health requirements. |