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Financial Criteria for Couples Retiring to Thailand

Transcript of the above video:

As the title of this video suggests, we are discussing Retiree Couples coming to Thailand. I have done a number of videos on this channel before on this topic. You can go into the search function and just check out "couples" probably under "Retirement Couples" under the Search Function. You will be able to find some of our prior videos on this; we have gone into a lot more detail in those videos. 

I have gotten a lot of questions here recently and decided I would go ahead and do an update video on this overall topic. Long story short, there are two kinds of couples we look at with Retirement Visa visas. In this video we are discussing the situation where both parties are retirees in the sense that they are both over 50 and they are both no longer working. I am making other videos contemporaneously with this one where I discuss derivative spouses on Retirement Visas but for this video we are discussing where both parties are on Retirement Visas, independently of one another. You have got to be clear on that. 

Now yes, there is a derivative spousal visa for certain retirees. It is issued at the discretion of an Immigration Officer so it is more discretionary than if both parties are on retirement status. It has also been our experience if both parties are eligible for Retirement status in their own right, Immigration wants to see them apply in their own right. Basically, the question becomes and in couple cases, we have seen this many times, "can we split the 800,000 requirement or the 65,000 Baht a month requirement in pension income. Can we both use that as both of our Retirement Visas?" Long story short, in our experience, NO. In theory I guess if you could bring somebody in as a derivative, you might be able to do that but long story short in our experience where couples are involved, they are going to view both of them as independent retirees in their own right and they are going to want both of those parties to go ahead and meet the financial criteria on their own, sort of standing alone. So that is the way to look at that. 

For those who are interested in doing this or they have questions on this, look there are a million ways to skin a cat. The specific facts in a given set of circumstances may operate to a situation where that may not necessarily be the case. If you have any questions on that, it may not be a terrible idea to contact a legal professional, gain some insight and guidance into how best to proceed.