What are the key details and considerations for the 10-year Non-Immigrant Type O-X visa in Thailand?

There's a minimum age limit of 20 years old to be granted a visa.

Different if your a family member.

Where are you supposed to get a letter saying you don't have a criminal record?

If you want to get it it might be a cheaper alternative to the Elite Visa but you have to do it tactically...get it at age 45-46 then segue that into a normal retirement visa

Based on my own observations over at least 5 years monitoring sites like Thai Visa and others ... most over age 50 Expats in Thailand could not even think of considering this 'visa' - far too costly. In fact I will venture to say that as much as 50% of those Expats on Extensions of Stay - Ret. / Over Age 50 would not qualify for an Extension of Stay - Ret. if their Embassy pressed for bank docs to prove their monthly income.. The only thing that saves them is the Don't Ask - Don't Tell policy that many Embassies of various countries have for obtaining an Income Affidavit/Letter...

This year over age 50 Long Stay Visa is a Pie in the Sky - fantasy dream of a group of Thai bureaucrats who have no real concept of Farang Monetary capability. It would seem these bureaucrats have the same mindset as many potential Thai girlfriends I have met - JD says he is not rich - but I know he is not telling the truth... The Thai bureaucrats have no understanding of the economic history of Western Countries of the past 25-30 years... There have been numerous economic recessions - many 'back to back' ...stripping many guys of the core of their investments, pensions, 401K plans, etc. One sided divorce laws in many Western Countries are another leveling factor... Result -- the main attraction for many if not most Western men is the ability to live better in Thailand on what they have left of their life's work... It is the small minority of Western men who come here with an impressive financial statement.

I predict this new year plan will fail totally in three years time and be mothballed due to a near total lack of participation.

1, 5, 10 year extension of stay doesn't bother me much. It's the 90 day report that's the pain in the ass. I'd pay money to rid myself of that but I think it's required no matter what visa we have.

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How long does it let me stay in Thailand for?

The visa lasts for 10 years, with a maximum stay of 5 years. So potentially you could do two stays of 5 years each. Confused? Okay: so you stay 5 years, leave the country, come back again and activate the next 5 years, Simple.

True or not true. So you get always 5-year stamp when crossing the border and extension for another 5 years is not needed provided you make borderhop just before expiredate and apply re-entrypermit if needed outside trips for the last 5 years?

i really wish they would make at least a 5 year visa for the younger generation that have property or children in Thailand that pays there way. always seems to be aimed for over 50s i would happily meet this criteria if they came up with some visa for us. The every year having to get a visa is sometimes a pain in the ass for me. considering my mrs got a 5 year tourist visa in my country easy because we have a son ect it should be like this both ways. only m opinion

I agree with Robert - if a person can tie up that much money - willing to forgo adequate interest, be constrained by the listed Insurance options... then likely such a person has 500,000 and will just simply forget this X option exists... The Elite Card at 500k is mostly buy and forget - except for 90 day reports... This whole thing strikes me as Day Dreaming done by some high raking Thai bureaucrats who actually have no clue about the mindset of Retired Farangs who have expendable cash.

IMO, If you are able to meet the financial requirement for this visa, then you can probably afford the Thailand Elite visa which, by comparison, offers far more benefits and perks with fewer headaches...