Retirement visas that allow foreigners to stay in Thailand for up to 10 years are gaining popularity. But at the same time, there are strict conditions, and if they are not met, a retirement visa will be suspended and terminated when immigration officials detect any of the following cases: 

• At the end of one year, there is less than 3,000,000 baht in the deposit account;
• In the second year, the remaining deposit account is less than 1,500,000 baht, and the expenses incurred are not for spending in the Kingdom; medical treatment performed in Thailand, condominium purchases, vehicle purchases, and children's education would be permitted.
• Does not have a health insurance policy;
• Works without permission;
• Behaves in a way believed to be a threat to society or to cause harm to public peace or safety or the security of the Kingdom;
• In the case of a spouse or child exercising the rights of a “follower,” if the permission of the principal person has ended, the follower’s permission to stay in the Kingdom will also end. 7. If the child is over 20 years old.

Source :Wonderfulpackage
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