What is the process for switching from an O-A visa to a Non-O visa in Thailand with regard to income and insurance requirements?

Jun 5, 2020
4 years ago
Daniel *******
ORIGINAL POSTER
Currently in the Kingdom on an O-A (without insurance) which expires near the end of this month, but am stamped in until near the end of Oct. If I wish to stay within Thailand beyond that, I'm not thrilled with the idea of paying for Thai insurance, as I have better and cheaper coverage by remaining with my US based company that fully covers me here. Even though I arrived long before the travel restrictions, I've been transferring 65K monthly just to cover myself, but come October I'll still be a few months short of a year. If I bank 800K in a Thai account to apply for a non O, what's the process for then switching to the monthly income method? Can I do it as soon as I've got my record of 12 transfers?
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TLDR : Answer Summary
The poster currently holds an O-A visa without insurance and is considering switching to a Non-O visa after October. They are interested in understanding the process for switching to a monthly income method for visa extension after making regular bank transfers. Comments indicate that due to recent consulate policies, obtaining a yearly extension based on monthly income now requires 12 full months of international transfers of at least 65K Baht into a Thai bank account. Alternatively, depositing 800K Baht into a Thai bank allows for a different method, provided funds are maintained and certain conditions are met. Additionally, the poster must acquire Thai health insurance, as their US insurance does not meet requirements for O-A extension. The process for switching visas may require leaving the country once borders reopen.
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James ********
OK Daniel Wolfe you have your homework.

Hope all works out well for you. Take care...

Commenting closed
Bobby ********
Weigh up the cost of insurance (which at some stage you may need), against the worry whether borders will be open, and the associated costs of returning to your home country to get a new OA just so you can save some dollars by using your home insurance. It's basically a Cost-Benefit-Analysis.
Gregor **********
@Daniel ******
you cannot apply in-country from a Non-O/A to a Non-O, if this is what you were referring to. Regardless of banking 800K in your Thai bank account. The conversion does not work that way
Gregor **********
@Daniel ******
. . .your question was about switching from Non-O/A to Non-O . . . . . well, once the borders open, you will be able to let your O/A extension become invalid leaving Thailand without a re-entry permit, and go for the Non-Imm-O visa based on being over 50. For this, there currently is no health insurance requirement. Tod Daniels has written up a special thread on how to do an in-country conversion from a tourist visa or visa exempt to a 90-days Non-O based on retirement visa
Daniel *******
ORIGINAL POSTER
@Bobby *******
It’s more than a cost/benefit thing for me. I’m keeping that American insurance at least until I turn 65. It works here and is better insurance AND once I give it up I can’t get it back. Guess I’ll just have to bite the bullet and get the least expensive Thai coverage as well, for now.
John **********
@Bobby *******
can you still use your home insurance? I thought it had to be one of the approved Thai insurers?
Tod *********
Seeing as the borders and nearby thai consulates in other countries are closed no one knows IF they're gonna go back to hawking visas like they used to when they re-open or not.

So whether you're gonna be able to exit the country, go to a thai consulate nearby and snap up a 90 day non-O visa as easily as you used to be able to is anyone's guess at this time.

Wait for the borders to open, wait for any new entry requirements, wait for the consulates to open and see what people who go there say as far as how it's working now.
Tod *********
now unfortunately because you're on an O-A visa entry stamp you can't "rather be insured by your insurance in the US" and will have to get the health insurance from one of the 13 approved thai insurance companies for the O-A extension.

You CAN get it with a really high deductible (200K to 300K baht) and that drives the cost of the policy down :O. but you'd still need it if you're going for an extension off this O-A entry.
Tod *********
If you bank 800K baht and go banked money method you would need that money to be in the bank 2 months before you apply for your year extension, the balance would need to stay above 800K baht for 3 months AFTER you got the extension granted and then the rest of the year the balance couldn't go below 400K baht.
Tod *********
Because you are from a country whose consulate no longer issues the affidavit of income from abroad notary letter, you will need 12 full months of international transfers to get a yearly extension based on monthly income of at least 65K baht per month into a thai bank account in your name only. There is no wiggle room or leeway on that.
Ian ******
@Tod ********
Does that have to be 65K each calendar month or can you average it out over the 12 months?

I average over 80K per month but some months are less & some much more than 65K.

Thanks.
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