I'm weighing the pros & cons of the non O and non OA visas. I've had the OA visa in the past, and (kind of) understand it. The financial requirement for the non O visa is what I have questions about. I have a Swift account, so can transfer funds. How does the 800k Thai savings account impact US tax reporting? It seems you have to report the foreign account, on your income tax or other? When I decide to close the Thailand savings account - how does that work? Can I just transfer the money back into my US bank account? Also, I'm intending to get a non O visa for my wife - she is a US resident with Green card, and a Vietnamese passport. We can change her O visa from retirement to dependent on my O visa once in Thailand, correct?

Learned this from a CPA friend of mine...

If you are American and have a foreign bank account - you need to fill out "FBAR, *Form* 114" with your taxes yearly, or ELSE! There is a $100,000 fine that may be leveled against you, if you don't. Look it up - don't find out the hard way!