Yes or you could extend the 60 day visa for 30 days and THEN go out and back in on the 30 day exempt...and then extend that for 30 days....5 month total stay.
Yes I agree. People get very confused.....I think it should be referred to as 1. Retirement visa (OA) or 2. Retirement extension (O). Easy terms for people. Anyways you guys are the experts and are great with helping people out. I guess I am just bitter that there are very few options for the under '50's who can't 'retire'.. ;)
It is commonly referred to as a retirement visa as it is used to stay here based on the fact that you qualify for retirement (age, financials, etc). You can't get if you are 40 for example. So it is safe to use that term as long as you know what the actual class of visa that you need is. Ie Non OA applied outside or O visa which gets extended. Everyone gets up in arms about it...but it is so commonly used that if you go to immigration or visa office and ask for a retirement visa.......they will know exactly what you want. Whether it is the official term or not....it is a retirement visa....