Hi all! 🙂

New to the group and soon to be in Thailand. I have a question regarding O and O-A Visa.

I will be 50 next year (Oct. 2023) and will be able to apply for retirement visa. As Canadian I also believe I can apply for O-X 5 years Visa.

My question is, how likely Thailand will change requirements to apply for that Visa next year? Can they bring up the 800K Baht to above 1M+ Baht? Is there a risk they cancel this Visa program or raise the retirement age to 55 / 60 y.o ?

and also once you get the O / O-A Visa, what happen if you don't renew the following year and skip for a few years before renewing, would you leave the 800K Baht in a Thai Bank or transfer back to Canada?

And finally is it possible to keep the amount in USD equivalent to 800K Baht or its mandatory to convert into Thai Baht when deposited in the Thai account?

Sorry for all the questions, quite new to all this 😁

May thanks for your kind help 🙏