I had an OA visa. These days I would avoid the OA because of the insurance requirement. If you can get an O visa in the US then that is what I would recommend. If you can’t get an O visa in the US then you can get it in Thailand while you are here on a tourist entry.

It is pre-tax passive income. What they accept as passive income is something you will have to ask the BOI. You can apply online and present your various passive income sources. Once they start working on your application they will ask questions. There is no fee until your application is accepted.

I have a pensioner LTR. The way they word it is that you are not taxed on any money brought into Thailand. Federal US pensions are tax exempt by the dual tax treaty. I do plan on filing a tax return for the first time. Once I see how it works for LTR visas then I will better know what to do in subsequent years.

Surprisingly I really like not doing 90 day reports.

The cost over 10 years was about the same as my OA visa depending on how you look at it.

There is a health insurance requirement. The insurance requirement didn’t affect me because I already had Thai insurance for my OA visa. It’s something to consider

@David ******

50,000 baht for 10 years

@กาเลน ****

Thai banks will provide a statement. I just got a year statement from Bangkok Bank a couple of days ago.

Look for the FBAR website online. You can easily file it yourself. It only takes a couple of minutes. You need to have a yearlong bank statement and find the largest balance over $10,000 during the year. That is the number you will enter into the FBAR online form. I’ve done it myself for 7 years.

Once you get an account at a branch then that is your branch. I got my Kasikorn account at a BKK branch. Then I moved outside Bangkok. I couldn’t just move the account to my countryside branch. I even had to come to Bangkok to close the account

My pensioner LTR was a long time ago (2023) but yes, they continued to ask for more documents. In my case they wanted copies of additional pages in my passport. The email back & forth will add a few more days to your wait time.

@Bob *********

OK yes. I have an LTR. If he qualifies for an LTR then we can discuss that.