Move to make Health Insurance Mandatory - Retirement Visas

[travelerjim]

Foreigners with one-year Non-Immigrant Visa “O-A” (Long Stay) will have to compulsorily arrange health insurance, according to new proposals of a key committee.

The criterion under the Immigration Act 1979 was approved by the Medical Hub Committee, Dr Kittisak Klapdee, adviser to the Minister of Public Health, said on Sunday.

...Once it comes into effect, foreigners having the visa will be required to have Thai insurance policies covering their entire stay in Thailand with minimum Bt40,000 out-patient medical bill coverage and minimum Bt400,000 in-patient medical bill coverage.



Those already having overseas insurance policies that meet the minimum requirement would be exempted from subscribing to Thai insurance policies. They will be able to apply for long-stay visas using their foreign insurance policies, he said.

https://www.thaivisa.com/forum/topic...ng-stay-visas/

Tj

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[francois]

More BS to kill tourism and ex-pats .

[aot871]

If this happens it will be another nail in the coffin for those looking to retire here, To me as a 2 week tourist twice a year its no big deal as i all ways carry travel insurance,but a friend of mine whos on a 1 year retirment visa pays 165000 bht a year for his insurance

[frequent]

Foreigners with one-year Non-Immigrant Visa “O-A” (Long Stay) will have to compulsorily arrange health insurance, according to new proposals of a key committee.

I thought it must be the time of the month to see this rumour recycled, and here it is

[MiniMee]

More BS to kill tourism and ex-pats

Quite the opposite. The intention is to keep them alive...... but at their own expense.

[frequent]

Basically these are the same proposals as for the 10-year "medical visa" which has, needless to say, sunk without a trace. More recently the same body proposed that all tourists be required to show evidence of health insurance on entry to Thailand. That proposal also sank without a trace. It's now been recycled for "all retirees". Malaysia has the same requirement except that if you can show that you're uninsurable, you're exempt - which rather defeats the purpose I'd have thought. It's still a "proposal" - we shall see. A more interesting development is a report of comments made by the US Consul recently (another rumour) - that Immigration are "considering" a bank letter replacing the Embassy letter, where the bank will certify a monthly income being remitted from abroad. Wait for the screams of those who use services like Transferwise if that ever comes to pass, as such services don't show that it's foreign-source income

[Up2U]

... Wait for the screams of those who use services like Transferwise if that ever comes to pass, as such services don't show that it's foreign-source income

I started using TransferWise because it does show transfers are foreign sourced. My Thai bank passbook shows FTT(for foreign telex transfer) and hopefully this will make TI happy if we expats have that option available to us.

[frequent]

I started using TransferWise because it does show transfers are foreign sourced. My Thai bank passbook shows FTT(for foreign telex transfer) and hopefully this will make TI happy if we expats have that option available to us.

Interesting. I hardly ever get my passbook updated - certainly not in 2018 - but in 2017 my bank's passbook shows Transferwise payments with a code of "TN" which I suspect just means "Transaction". I went online just now to see what the Transaction History shows and the same code is used - TN - for deposits made this week. The same teller code is used for all Transferwise deposits which may mean something to the bank but it's not as transparent as your FTT transaction code. I have read on the Whiners & Whingers Forum (Thaivisa) that other Transferwise users report that it shows up in their bank as a domestic rather than a foreign transaction

[2lz2p]

Interesting. I hardly ever get my passbook updated - certainly not in 2018 - but in 2017 my bank's passbook shows Transferwise payments with a code of "TN" which I suspect just means "Transaction". I went online just now to see what the Transaction History shows and the same code is used - TN - for deposits made this week. The same teller code is used for all Transferwise deposits which may mean something to the bank but it's not as transparent as your FTT transaction code. I have read on the Whiners & Whingers Forum (Thaivisa) that other Transferwise users report that it shows up in their bank as a domestic rather than a foreign transaction

I have started using Transferwise and have now had several transfers into my account using their service. I use Bangkok Bank, when funds are deposited, I receive a text message notifying me of a deposit from abroad - it is coded in my account as a foreign transaction. Thus, if using transferwise and Bangkok Bank, there should be no problem getting a bank letter showing the amounts received are from a foreign source. I also transfer more than the 65k on a monthly basis, so if the final "rule" is it must be from abroad on a monthly basis, then it should cause me no problem.

But, I was communicating with a British chap recently who also uses trasferwise to send money from his UK bank to his Kasikorn Bank account. He had just discovered that his deposits were being recorded as domestic transfers by Kasikorn Bank. Based on further inquiries, he said that apparently Transferwise sends funds to a particular Thai bank (he didn't find out which one), which then transfers the funds on to his bank account as a domestic transfer. Although no firm rules have yet been provided by Thai Immigration, he hopes they will accept his copy of Transferwise notice showing amount in pounds, fees, and baht transferred is in agreement with the amount recorded as received by Kasikorn Bank.

[bkkguy]

But, I was communicating with a British chap recently who also uses trasferwise to send money from his UK bank to his Kasikorn Bank account. He had just discovered that his deposits were being recorded as domestic transfers by Kasikorn Bank. Based on further inquiries, he said that apparently Transferwise sends funds to a particular Thai bank (he didn't find out which one), which then transfers the funds on to his bank account as a domestic transfer. Although no firm rules have yet been provided by Thai Immigration, he hopes they will accept his copy of Transferwise notice showing amount in pounds, fees, and baht transferred is in agreement with the amount recorded as received by Kasikorn Bank.

my bank in Australia transfers to Kasikorn Bank via Thai Military Bank thus is a local transaction in my Kasikorn passbook, but directly to Bangkok Bank thus is a foreign transaction, with lower fees and usually arrives a day faster

I have previously asked Kasikorn for the full paperwork on one transfer and for a fee they provided the details of the foreign funds arriving at TMB and the fees and transfer to Kasikorn which immigration accepted - but I wouldn't like to be doing that every month