For all those who have been in doubt (or unclear about details), here is the approved law as published in the Royal Gazette - both in the Thai original, and (Google-) translated into English.
Key takeaways of the DTV - Destination Thailand Visa:
- a 5 year MULTIPLE ENTRY visa
- allowing UNLIMITTED ENTRIES into Thailand during that 5 year time of max 180 DAYS EACH
- OPTIONALLY EXTENDABLE IN COUNTRY once at each entry for another 180 days at local immigration (for those not wanting to leave Thailand before 180 + 180 days).
- price of the 5 year visa: 10k THB
- proof of financial evidence or financial support of at least 500k THB
- only available at Thai consulates (outside of Thailand / not in Thailand)
Seems to be open to all nationalities.
A game changer.
No need to spread misinformation anymore, when we have facts now.
Source:
[members only]
TLDR : Answer Summary
The DTV (Destination Thailand Visa) is a newly approved 5-year multiple-entry visa allowing unlimited entries into Thailand, with a maximum stay of 180 days per entry. It can be extended for another 180 days in-country and costs 10,000 THB. Applicants must show proof of financial support of at least 500,000 THB. This visa is available only at Thai consulates outside of Thailand and appears to be open to all nationalities. The community discussion highlights speculations about the impact on living costs and tax regulations for foreigners.
DTV VISA RESOURCES / SERVICES