The financial requirements for an extension are the same whether you have an O or OA visa.

@JD *******

To meet the 65,000 baht/month requirement for a 1 year extension as retired the money has to be deposited into your Thai bank account from a foreign source. They don’t care how you got the money. Only that it comes from outside of Thailand because you can’t work here as a retiree and it will say so on your OA visa sticker.

@James *******

Interestingly you can also meet the insurance requirement with a $100,000 deposit.

@JD *******

I am not aware of any policy that would cover a pre-existing condition but I don’t have a lot of experience shopping around. I’ve read comments of others who had such policies that mentioned that they were expensive. I would think so. How else is insurance supposed to work as a business model? If it is about risk management then you can’t have people waiting until they are sick to buy insurance. My Thai policy, that I bought at age 62, has a few exclusions.

@James *******

Insurance is also required for the wealthy pensioner category of the new 10 year Long Term Residency visa.

@Ryan *******

You will always need insurance if you come here on an OA. Even when the visa expires your extensions will require insurance. You will need insurance for the second year and if you travel you will only be stamped in until the expiry of your insurance. If you retire here using a non-immigrant O visa then you will not need insurance.

Last month when I tried to use the new system it didn’t work for me. Still not all 🌈 and 🦄

@Martin **********

It is multiple entry the first year not the second.

@Simon ****

You should ask your immigration office if they will accept that.

@Martin **********

I assume you didn’t buy a multi-reentry permit for the second year?