I apologise for bugging you guys again, but I am having trouble comprehending some of the advice I am getting from different forums.
I am on an O-A longstay ( retirement) visa out of Australia and am stamped in until the end of March 2023 (coincides with my health insurance policy).
I wish to apply to extend for another year.
These are the different advice options I have received:-
1) Renew my health insurance and do a border bounce prior to the visa validity date of 27 February 2023 (not the stamped in date). This option was suggested on the basis that I wouldn't need to meet the financial requirements of banked monies in a Thai bank account because I would have exited Thailand and then come back in on the same day.
2) Apply to extend my stay via a TM7 form. This is where I am totally confused. I have been told that by applying via a TM7 I would not only require renewed health insurance BUT banked monies as well. I just don't understand the requirement for both.
I am hoping I can extend my stay for another 365 days via renewed health insurance and proof of funds only (no banked monies in a Thai bank). That is how I obtained my visa initially.
Could you please clarify the situation for me.
TIA
Graham