A moderator in the group wrote as a comment in another group member’s thread:
“Do yourself a favor ... enter Thailand Visa EXEMPT and transfer the 800,000 Thai baht into your Thai bank account and apply for the Non O Visa as retiree and the One year extension of stay as retired.
NO police check required
NO health insurance required
NO medical tests required
That keeps it simple year after year.”
From this, it is my understanding that I (as a German) could forego the visa application procedure in my country, and instead enter the Kingdom on visa exempt (even with a 30 days extension), and then apply within Thailand for a Non O Visa (as retiree) and (the next year) apply for the extensions as required, provided I have 800k in a Thai bank account which was transferred from outside Thailand.
Is my understanding correct or not?
In case the above procedure does indeed work, could I extend in forthcoming years based on 12 months of income (65k per month), changing from the 800k requirement?
Thank you.