If you enter on OA visa leave then enter again for extra year at what point do you need the 800,000 in a bank account Thanks.
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TLDR : Answer Summary
The OA visa allows a one-year stay in Thailand and can be renewed for another year if you leave and re-enter during the visa's validity. Two months prior to your second year expiry, you must demonstrate the financial requirement of having 800,000 THB in a bank account, which can either be transferred from abroad or deposited locally. Additionally, you need to consider how to meet the 3-month seasoning requirement for the financial proof if you do not have a bank account set up before re-entering Thailand.
OA RETIREMENT VISA RESOURCES / SERVICES
Go to the OA Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
Explore recent discussions by using the OA Retirement Visa tag in the search box at the top of the page.
How will I get the seasoned 3 months of 400k if I'm entering Thailand on a oa visa when I finally return? I haven't had a chance to return to set up a bank account it'll be over a year.
Shami *********
Can you please guide me here too?
*****
0 THB needs to be transferred from outside Thailand or can be deposited locally in Thai bank? Thanks in advance
, lol, not that it's important really but I believe the O stands for Other and the A maybe stands for Approved. It's usually just referred to as a Non-OA which is short for Non-Immigrant Visa Type OA.
It's sometimes referred to as a "long stay" visa as it gets you one-year permission to stay whenever you enter Thailand during its period of validity (until it expires). So in pre-covid times when it was relatively easy to leave and re-enter Thailand you could leave and re-enter Thailand a few days just before the Non-OA visa expired and get another year's permission to stay.
So, in effect, by timing your leaving and entering Thailand correctly you could get almost 2 full years of permission to stay from a single Non-OA visa. Nowadays because leaving and entering is difficult most people if they are not willing to leave and reenter will only get a single year's permission to stay on a Non-OA visa.
In any case, at the end of a year of permission to stay, you could apply for an extension of stay for the purpose of retirement at your local Thai Immigration office, and meeting all the requirements for that extension you could get another year of permission to stay.
retirement visa. Non OA gives you a year on entry but requires health insurance for the year. Non O based on retirement gives you 90 days and then the option to extend for a year based on meeting the financial requirements.
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Stuart *********
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Stuart *********
The OA visa gives you a stamp for one year. If you leave and re-enter during the validity of the visa you get another year. Once the visa expires you have the option of getting an extension of stay for a year if you meet the financial requirements (2 months prior to applying)
Stuart *********
Jinren Chuah A non immigrant visa valid for one year which gives you one year on entry. It does require you to have mandatory health insurance for the year.
Stuart *********
Many people use this visa option to stay long term in Thailand because you don’t need funds in a Thai bank to do so. Pre Covid it was generally a two year visa, given that you could “bounce” out of the country and come back in just before it expired for another year. Now that is not a viable option. To extend it for a years extension of stay you need to meet the financial requirements of 800k in a bank account in your name only two months prior to applying. The amount needs to stay over that three months after applying and not go below 400k for the rest of the year. When applying for the next years extension the balance needs to be back up to 800 two months before.
it's a sight for sore eyes, proper hyphenation at last.
Bobby ********
Jinren Chuah. Thank you. Years back I was an English teacher and I'm a bit OCD. I cringe when I see bad grammar, but with social media it's so apparent how many English people don't even know their own language, so I have to learn to live with it! 🤣
pre Covid times the OA was good for a two year stay if you “bounced” out of the country and came back in just before it expired. Obviously that option isn’t a reality now for most. You need the banked money in your account 2 months prior to applying. It needs to stay in your account for 3 months after applying and cannot go below 400k if you want to apply for the following year- in which case it must be back up to 800k for the two months prior to applying.
Depending on your age a Non O visa based on being retired may be a better option as it doesn’t need the health insurance. You only get 90 days on arrival but the extension for a year is the same financial requirements. Not trying to be ageist, but many people of 70 or older have serious problems trying to get insurance.
yeah that can be a challenge in itself. Absolutely nothing stopping you from doing so but each branch of each bank sets its own rules. Some will let you with open arms. Many won’t. Just keep trying each branch. Shopping malls seem to be better bets.
I’m assuming you mean for exiting from the UK. I’ve no idea how they’re going to enforce it. Or what “requirements” they will want you to show you’re not going on holiday.