I do agree the interest rate here is pretty sad and I only keep what is required here, the rest sits elsewhere earning a much higher rate similar to your own.
Lucky are those who's company sponsored insurance would continue after retirement and pay for foreign medical treatment. The same goes government controlled health insurance such as Medicare in the US which does not.
True... This can be a distinction without a difference in some situations, but in complicated contracts it can have legal consequences as if it lapses while I was out of the country I would need to start the process all over again. But you know what I meant 😉
I don't understand why people choose this option. The non-O visa is much more cost effective and easier. I just renewed my non-o for the sixth consecutive year.