A question about the Non-Immigrant O-A visa. It seems to be too good to be true. At least according to the Thai Consulate in Munich you need to be over 50, show a PENSION income of at least 65,000 baht monthly (currently €1700) OR 800,000 baht in a bank account HERE in Germany. Plus you need medical insurance and a certificate from the police. They say this allows multiple entries and stays of up to one year PER ENTRY.

This seems to be too good to be true. Meaning you’d just have to get this visa once and you could come and go and each time and stay up to a year. Or stay permanently and do a visa bounce once a year. There seems to be no time limit. No lining up at Immigration to get extensions and multiple re-entry permits. Do I understand this correctly?

I’m considering this visa because banks are reported to be cracking down on accounts held by foreigners who don’t have long-stay visas.