Why would you need to bounce on a Non O visa?

@Steven ********

Health insurance is currently not required with the Non O visa from the US Thai Embassy.

Insurance is only required with the Non OA visa.

I highly recommend the non O over the OA for most people.

Research them both.

Get a one year travel health insurance policy the day you book your flight.

Your extension based on marriage and associated reentry permit was extinguished the moment your divorce was granted.

Since you are 71 and Thai health insurance may not be available to you (from the 16 approved Thai providers) I suggest you apply for a 90 day Non O visa from the Thai Embassy in DC, then apply for an extension based on retirement in Thailand.

140

@John *******

The substantial interest penalty depends on the bank, but it is typically all or most of the 1.5 - 2.6% the bank would have paid you in annual profits.

If you leave the money in for the full year as agreed, then you retain all the interest.

A reason for this includes that the banks may purchase high yield US treasury bonds, that also have a one-year term, with your funds.

@John *******

For the finance or lingually challenged, interest is paid annually on fixed deposit accounts… somewhere from 1-2.5%.

The interest can be withdrawn at any time.

With regard to the ฿800k principal, you can withdraw it at any time, however, there is a substantial interest penalty for early withdrawal, as well as immigration implications, especially if you go below ฿800k or ฿400k depending on timing of your visa renewal.

@John *******

I have no idea what alive money is.

@John *******

฿20,000 is better than zero or flying home every year or spending time every month making sure ฿65,000 was correctly transferred.

@Anthonie ******

Many, including Kasikorn

@Nongnuch *******

Yes, I already know all this.

It’s already been in a interest bearing fixed deposit account for the last two renewals. No issue at all.

I’m sure people change banks. That’s the process I’m looking for.