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The Thai O-A Retirement Visa Process in 2022
Transcript of the above video:
As the title of this video suggests, we are discussing the O-A Retirement Visa process. Depending on the year, I will kind of do round up videos for categories of visas and what we may be seeing in 2022 with respect to that Visa category.
Going into 2022, I will say I have to presume it is going to be a better environment for folks wanting to access Thailand presumably than 2021 was. I really hope I don't get burned on that because back in 2020 I said "well 2021 can't be worse necessarily" and there is some argument to be made with respect to that. That said, yeah I do think Thailand is going to be far more accessible in 2022 to O-A Visa holders. I think the overall process will be somewhat more streamlined. Let me be clear, I didn't say easy, I said streamlined and I do think that we are going to see a situation where we are going to see more folks in Thailand in an O-A Retirement Visa moving forward.
Now a couple of things to be on the lookout for. One of the big ones is toward the end of the year, probably at the end of the third quarter, we are going to be looking at some new insurance requirements associated with virtually most every visa and we may as we have discussed in other videos, be seeing from a practical standpoint, O-A Visa applications especially out of Los Angeles and the Thai Consulate in Sydney has already put things up and I have done videos on this where they may require the showing of the equivalent of 1.2 million Baht worth in financial assets to obtain an O-A Visa as opposed to 800,000 in the past. Now again, as we have noted in those videos, this seems to be in something of a state of transition so individual cases will likely vary with respect to that.
Moving forward into 2022 I do think the overall process will be a bit more straightforward than in the past but there are some requirements to be on the lookout for as we move through the year.