What are the health insurance requirements for a retirement visa in Thailand, and how can I open a Thai bank account from my home country?

Question

Im uk based applying for retirement visa. AXA quoted  £2600-3800 for global health insurance with £250k - £1M in patient cover . No excess not pre existing health single mid 50s. Seems high for visa requirements . Any advice. Also if you apply from home country how do you open Thai bank account?

Ask Thailand · Answer

The user, based in the UK, is applying for a retirement visa in Thailand and has received high insurance quotes for global health insurance. They seek advice on insurance costs and how to open a Thai bank account from their home country. Comments reveal that the Non-O visa does not have mandatory insurance requirements, unlike the Non-OA visa, which often necessitates specific insurance coverage. Many suggest opting for local insurance in Thailand rather than international plans due to lower costs and better suitability. Additionally, it is possible to open a Thai bank account after arriving in Thailand.

Steve ******* · Answer

Just go for insurance in Thailand, not worldwide.

Maybe speak to an Agent.

I’m using AA Insurance and their quotes are a lot cheaper, and i’m 66.

Tony ****** · Answer

Look at khon ken Den YouTube channel. Latest video he’s in hospital & tells about his insurance. Hope it helps (hope it’s ok for me to mention it admin 😎🙏🙏)

George ******* · Answer

I came over here and ended up having 90 day tourist visa. got all the retirement Visa and everything sorted while I was here including the bank account.

It's entirely up to you but it seems £300 per month is quite a lot of money. Personally if you're healthy I would put the £300 a month into a separate bank account and self-insure you can always use the 800,000 deposit in your bank account for any big bills as long as it is is replenished by end of renewal.

Grant ********* · Answer

Ive looked to at insurance thru cigna. quoted &4200-4800 AUD. I still cant work out how much cover I need even thru a broker and thai insurance. Any help appreciated

Jesper ******* · Answer

Get a nonO instead of nonOA travel to thailand and get local insurance

Peter ******* · Answer

What do you need global coverage for? Your planning on living in Thailand.

Om ******************** · Answer

Man do not come to thailand now they eat your money very fast

Michael ******** · Answer

If OA then look for the list of Thai approved providers, unless you need global coverage. Big difference in cost with global coverage when you take countries like the US out of the quote

Paul ******** · Answer

I have my non o from application in the uk and you don’t need insurance

Stuart ********* · Answer

There are no mandatory insurance requirements for a Non O visa based on being over 50.

Perhaps you are applying for a Non OA visa which does have that requirement as well as health check and police check.

What are the health insurance requirements for a retirement visa in Thailand, and how can I open a Thai bank account from my home country?

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