The OA requires insurance. The O doesn’t require insurance. Aside from the insurance requirement they both have the same exact 1 year extension requirements. Go for the O visa.
I had an OA for 6 years. As for the better visa . . . I switched from my OA to a 10 year pensioner LTR visa.
That sounds like it might be correct. I was switching from an OA to an LTR so I already had the insurance and still have it. Another option is having $100,000 in a bank account anywhere.
My understanding is that it exempts us from taxes on money remitted into Thailand. What is left in the US should be taxable in the US. If Thailand decides next year to tax worldwide income then I assume the Dual Tax treaty comes into play and then we will probably have to wait an see what that means to LTR visa holders.
Yes, I don’t think we are exempt from filing but I will know better early next year. From what I have seen so far, no one has seen the 2024 tax forms yet. I will file through a tax firm this for year and if I have to file then I will. If I don’t then I won’t.