Transcript of the above video:

As the title of this video suggests, we are discussing the Royal Thai Gazette Announcement which is creating these changes with respect to the Insurance Requirements associated with the O-A Retirement Visa. To be clear, we are talking about the O-A Retirement Visa, not the O Retirement Visa. 

I am going to go ahead and put this up on screen for folks. I am not going to read all of this, obviously you can have a look at it for yourselves. This is an English language translation for this Royal Decree announcement. I just wanted to state here when this will be coming into effect. "This order is effective as of October 1, 2022". So that is the Royal Gazette announcement. That is what is out there; that is what we are going to be dealing with in about 2 months as of the time of this video. We are going to be dealing with that in about 60 days. I have had a lot of folks asking what is the exact date at which they are going to be changing the insurance requirements associated with the O-A and that exact date is October 1, 2022. So again like I said we will throw this up on screen and as you can see it is everything we have already really talked about. I probably should have in the past just done one of these where I went through this line by line but honestly we have gone over all of this.

The big one is under section 6 here under the criteria: "Only for an alien who has been granted Non- Immigrant "O-A" Visa must have health insurance or non-Thai social welfare covering medical expenses including the ones for Covid-19 disease with a coverage of no less than 100,000 USD or 3 million Baht for the entire duration of stay in the Kingdom." So again, that is the underlying requirement, US$100,000 or 3 million Baht in insurance coverage to cover one for the entire duration of their stay here in Thailand. That is what is going to be necessary beginning October 1 of 2022.