What are the challenges and requirements of Thailand's Long-Term Resident (LTR) visa for expats?

Whats the cost of this visa?

Finally!!! Great idea. Let’s get it rolling. Works for some at least

Will your current retirement visa which expires next year still be valid after September?

Whoever came up with this foolishness was probably already someone sitting out his career in a closet in the PM’s office. This should get him fired for sure.

It’s good opportunity to get 10 years visa . I already approach Thai Visa Centre to apply . But they said need to wait until Sep

So 10 years cost 5000 baht and 5 years in Thai elite cost 600k baht. Makes Thai sense. Just another pointless visa. Why can't they just make it simple, visa per years you want to stay. Name a cost for 1year with no hoops to jump through and see how many people go for it. Some people only want to be in Thailand for a year or 2

People as trader trading in their own accounts or via broker account via registered company/exchanges having certificate as trader and filling tax as business income in their home country (not crypto)do they fall in this digital work criteria ? Or what are the supportive documents or income needed?

Hmm. I’m not sure this gives much incentive to those who qualify.

Possibly there’s some benefit for the employees on record from 4 to 1. But many people are making companies easily enough already so this may still not be much incentive

This LTR visa only apply to 1% of foreigners.

This visa is an utter joke and a big, big disappointment. A failed opportunity, once again. It will not attract even "remotely" the amount of people desired - maybe with the exception of retirees (who already had it easy coming to Thailand before, by the way). All the other LTR categories have been messed up and made inapplicable or unattractive in the details. I mean come on! A "digital nomad" remote worker visa, where remote workers may only work with a fixed work contract with publicly listed companies? Not that 99% of those high income nomads work on freelance basis with multiple companies, mostly startup-businesses with high venture capital funding. Give me a break, guys! Who makes shit like this up all the time? Why not include and ask people that actually belong to desired target group for once, when defining new visa criteria? What a mess! Or take the "Wealthy Global Citizen": Sure, I'd be willing to come as a millionaire. But NOT if you force me to invest half a million into some government bond or what not! Trust me on this: millionaires like to choose where (in the world) and into what assets we invest money! And why bother at all? Be happy about every new millionaire citizen, irrespective of where he or she invests their money - as long as they spend well on their life in Thailand. And why make different criteria for wealthy people below the age of 50 and wealthy pensioners again (the latter not being forced into certain investments)? And final word on investments: As long as I cannot even 100% own a Thai Limited company, but being forced in sharing it with two Thai nationals with me being reduced to a minority shareholder in my own company: Dream on about attracting millions from abroad. Man! What a mess. Always! #RantOver