Official figures only. Checked 15 August 2026
How much income does a retirement visa need?
Every country writes the test differently, and half the numbers on the internet are somebody's guess. Spain asks a couple for 500% of IPREM, which is EUR 3,000 a month and EUR 36,000 for the year. Thailand asks for THB 800,000 in the bank. Pick a country and see what its own immigration authority publishes.
How this is worked out
- Spain, non-lucrative residence visa. The Spanish consular network states that the minimum required amount is equivalent to 400% of Spain's Public Multiple Effects Income Indicator (IPREM), plus 100% of the IPREM for each family member in the applicant's care (exteriores.gob.es). The consular pages do not print the IPREM value itself.
- The IPREM figure used here is EUR 600.00 a month and EUR 7,200.00 a year, as published by Spain's Servicio Público de Empleo Estatal (SEPE annual amounts), which attributes it to Ley 31/2022, the 2023 State Budget Act. IPREM is reset by the annual budget act, so confirm it before you file. For reference, Spain's minimum wage for 2026 is EUR 1,221 a month with a minimum annual figure of EUR 17,094 (Real Decreto 126/2026), a different index that this visa does not use.
- Thailand, Non-Immigrant O-A (long stay). The Ministry of Foreign Affairs requires the applicant to be aged 50 years and over on the day of application, and to show a bank statement with a deposit of not less than THB 800,000, or an income certificate showing monthly income of not less than THB 65,000, or a deposit account plus monthly income totalling not less than THB 800,000. A letter of guarantee from the bank is required with a bank statement (mfa.go.th). The visa allows a stay of 1 year.
- Philippines, SRRV Classic. The Philippine Retirement Authority publishes a visa deposit of USD 15,000 for a pensioner aged 50 and above, USD 30,000 for a non-pensioner aged 50 and above, USD 25,000 for a pensioner aged 40 to 49 and USD 50,000 for a non-pensioner in that band, with an extra USD 15,000 for each dependent in excess of two. The pension route requires proof of lifetime pension of at least USD 800 a month for single applicants and USD 1,000 a month for applicants with dependents (pra.gov.ph).
- Nothing here is converted between currencies. Each threshold is shown in the currency its own authority publishes, because exchange rates move and the requirement does not.
- This calculator covers the published financial test only. Health insurance, police certificates, medical certificates, application fees, minimum stay rules and the separate rules for extending or renewing are all outside it, and every one of them has failed an application on its own.
Retirement Visa Calculator is an independent information site operated by Ellul Solutions Ltd. It is not affiliated with any government, embassy, consulate or immigration authority, and nothing here is immigration or legal advice. Thresholds change with budgets and policy, and consulates apply them with local discretion, always confirm the current requirement with the authority handling your application.
Retirement visa income and savings thresholds, checked 15 August 2026
Last updated
Only visas whose own immigration or consular authority published the figure on a page we read on 15 August 2026. Every amount is in the currency that authority uses, with no conversion.
Computed with the formulas this page's calculator uses, from figures published by the Spanish consular network (400% of IPREM plus 100% per dependent family member, with IPREM at EUR 600 a month per SEPE), the Thai Ministry of Foreign Affairs, and the Philippine Retirement Authority. Malaysia's MM2H is excluded from this table because it sets no income test; see the MM2H guide.
| Visa and applicant | Currency | Monthly income | Annual income | Savings or deposit |
|---|---|---|---|---|
| Spain non-lucrative, single applicant | EUR | 2,400 | 28,800 | 28,800 |
| Spain non-lucrative, couple | EUR | 3,000 | 36,000 | 36,000 |
| Spain non-lucrative, couple with one child | EUR | 3,600 | 43,200 | 43,200 |
| Thailand Non-Immigrant O-A, age 50 and over | THB | 65,000 | 780,000 | 800,000 |
| Philippines SRRV Classic, pensioner 50+, single | USD | 800 | 9,600 | 15,000 |
| Philippines SRRV Classic, pensioner 50+, with dependent | USD | 1,000 | 12,000 | 15,000 |
| Philippines SRRV Classic, pensioner 40 to 49, single | USD | 800 | 9,600 | 25,000 |
- Spain's non-lucrative visa asks for 400% of IPREM for the main applicant plus 100% of IPREM for each dependent family member, which at the IPREM of EUR 600 a month is EUR 2,400 a month for one person and EUR 3,000 for a couple.
- Thailand's Non-Immigrant O-A visa is open only to applicants aged 50 and over, and requires THB 800,000 on deposit, THB 65,000 a month of income, or a combination totalling THB 800,000.
- The Philippines SRRV Classic visa deposit falls from USD 30,000 to USD 15,000 for an applicant aged 50 or over who can prove a lifetime pension of at least USD 800 a month.
Cite this page
“Retirement visa income and savings thresholds, checked 15 August 2026”, Retirement Visa Calculator, https://retirementvisacalculator.com/ (updated 2026-08-15). Computed with the formulas this page's calculator uses, from figures published by the Spanish consular network (400% of IPREM plus 100% per dependent family member, with IPREM at EUR 600 a month per SEPE), the Thai Ministry of Foreign Affairs, and the Philippine Retirement Authority. Malaysia's MM2H is excluded from this table because it sets no income test; see the MM2H guide.
Want an immigration adviser to check your case?
Tell us where you are heading and we will introduce you to an immigration adviser who handles retirement and non-lucrative visas for that country.
Related guides
Sourced, dated, kept current.
Spain non-lucrative visa income: 400% of IPREM
Spain's non-lucrative visa requires 400% of IPREM for the applicant and 100% for each dependent. What IPREM is, what it is worth, and why the figure moves.
Thailand retirement visa: THB 800,000 or THB 65,000
The Non-Immigrant O-A visa needs an applicant aged 50 or over and THB 800,000 on deposit, THB 65,000 a month of income, or a combination reaching THB 800,000.
Malaysia MM2H: a deposit programme, not an income test
MM2H sets no income threshold at all. It runs on a fixed deposit from USD 150,000 to USD 1,000,000 by tier, plus a compulsory property purchase.
Questions, answered directly
How much income do you need for a retirement visa?
It depends entirely on the country and the currency it publishes in. Spain asks for 400% of IPREM, EUR 2,400 a month for one applicant. Thailand asks for THB 65,000 a month or THB 800,000 on deposit. The Philippines asks a pensioner for USD 800 a month plus a USD 15,000 visa deposit. Malaysia sets no income test at all.
Which retirement visa has the lowest income requirement?
Of the visas on this site, the Philippines SRRV Classic has the lowest published monthly income figure at USD 800 for a single pensioner, but it also requires a USD 15,000 visa deposit, so the lowest income test is not the cheapest route overall.
Why does this site cover so few countries?
Because we only publish a threshold we read on the immigration or consular authority's own page. Portugal, Italy, Greece and Costa Rica were checked on 15 August 2026 and their official sources either would not load or refused the request, so they are left out rather than filled in from secondary sources.
Are these figures converted into dollars or pounds?
No, deliberately. Each threshold is shown in the currency the publishing authority uses, because exchange rates move daily and the published requirement does not. Convert at the rate on the day you file, and leave headroom.
Does a spouse increase the income requirement?
In Spain, yes: add 100% of IPREM, EUR 600 a month, for each family member in your care. In the Philippines, having dependents raises the pension test from USD 800 to USD 1,000 a month and adds a USD 15,000 deposit for each dependent beyond two. The Thai O-A page we read publishes no dependant uplift.
Do these figures include health insurance and fees?
No. Every country on this site requires more than money: health insurance, police and medical certificates, application fees, and in some cases a minimum period of presence. Spain in particular requires cover with an insurer authorised to operate in Spain matching the risks covered by its public health system.
Start with the number, not the brochure
Official thresholds, in the currency that publishes them.
Put this on your site
<script src="https://retirementvisacalculator.com/embed.js" async></script>