Nick@AUA wrote:So if you have 800,000 baht in the bank, you are over 50 and in good health they will give you a retirement O-A visa valid for 12 months?
Are you supposed to maintain this money in the bank - or can you spend it?
Also, does the money have to be in a Thai bank - or can it be in a foreign bank?
This particular visa 'sounds' better/easier in theory than the marriage visa (although you are allowed to work on a marriage visa).
What do you guys think? Marriage or retirement visa - which is best?
There is no such thing as a marriage, or retirement, visa.
To the best of my knowledge you cannot get a non A-O in Thailand. You need to get it from a third country - generally your home country, as you need a police check.
The O-A visa lasts for 12 months, after which you can apply for an extension (12 months) within Thailand.
After the 2 year period, you can then apply for further 12 month extensions in Thailand, based on marriage, or, if over 50, retirement. It is now you need the money in the (must be a Thai) bank, or income, or combination.
I have only used the "Retirement visa" (non O-A), so cannot comment on whether it is better than the extension based on marriage. However, despite being married, I will continue to use the non O-A, coupled with the 12 month extension - giving me a total of nearly 24 months without any need for border runs.