Thursday, November 24, 2016
Thailand Plans to Issue 10 Year Visa's...
Pattaya One News reports that expats have expressed enthusiasm about the approval of a Thai government plan to issue 10-year visas but worry they may be of benefit to few as more details about how they would work have came to light Thursday.
Since the Thai cabinet approved Tuesday a plan to offer 10-year visas to foreign nationals over 50, a number of have expats welcomed the news but said they were concerned about their accessibility, health insurance requirements and unaddressed shortcomings of other visa offerings.
As announced Tuesday, foreign nationals 50 and up would be eligible for 10-year visas, provided they earned at least 100,000 baht per month or had 3 million baht in the bank. They must also hold a certain level of health insurance. Part of the requirements is that one must have health insurance covering hospital stays and annual coverage worth at least USD$10,000.