For the first time in Thai employment law, the Act lays down a compulsory retirement age to which employers must adhere. In Thailand, retirement is deemed to be a termination of employment, entitling employees to a severance payment.You know that you need 800,000 Baht in a Thai Bank for 2 months, or monthly income method, 65,000 Baht per month. You must be 50 years old. The Thai retirement visa for US citizens is issued to retirees or applicants who wish to visit and retire in the Kingdom of Thailand. To retire anywhere in the world is unlike retiring in Thailand. If the Arizona Secure Choice Retirement Savings Trust Act (HB 2063) is signed into law, access to a retirement plan will be required. Most VA benefits are payable regardless of your place of residence or nationality. This page provides links to tax treaties between the United States and particular countries. Therefore, you should consult the tax authorities of the state from which you derive income to find out whether any state tax applies to any of your income.