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Thai Retirement Visa Processing in 2020

Transcript of the above video:

As the title of this video suggests, we are discussing Thai Retirement Visas; specifically we are discussing the recent New Year and whether or not Thai Retirement Visa processing is going to change very much. 

Interestingly, I think Thai Retirement Visas are probably going to be the least fluid visa category in 2020. 2019 was a major year with respect to the regulations pertaining to Thai Retirement Visas. Going into 2019 we saw things like policy changes with respect to the Income Affidavits; most notably they are no longer used specifically with respect to those who are seeking Retirement Visas who hail from the UK, the United States, Australia etc. At the same time, we also saw them roll in new regulations with respect to proof of financial ability to support oneself in Thailand. Also, later on in the year we saw them go ahead and implement new regulations regarding Medical Insurance in Thailand all of which pretty fundamentally altered the regulatory framework associated with maintenance of retiree status here in the Kingdom.

Moving forward I don't really think this is going to change much.  I think if anything the Retirement Visa category is probably going to be the one category that remains pretty much unchanged from Jan 1 to December 31st of 2020. I may eat crow on that one. They may change something but I think they made all the changes they are going to make for a while in 2019 and 2020 is probably going to be a year in which we see those changes not only continue to be implemented but we see things like the interpretational side of things shake out a little bit more and we are going to see exactly what is going on with respect to certain new rules, how they are applied, who they are applied to, for example folks who are over a certain age, or folks who have pre-existing medical conditions. I think all this is going to shake out in 2020 but overall I don't think we are going to see a lot of major rule changes throughout the course of this year.