Got it. Makes sense for people actually planning to reside in Thailand without leaving much in between. As for me, work and life keeps me traveling abroad enough without ever having to do an explicit border bounce (or even 90 day report for that matter). I will give switching to LTR another go should the taxation issue become more relevant.
It indeed is one of the best visa for Thailand, yet. Then again, the DTV effectively provides almost the same at a fraction of the cost. Not saying that 50k isn't okay to pay. I am ok going for a trip at least twice a year. The tax exemption of the LTR seems nice, but does not really affect anybody on other visa at this point. My bank account is luckily still open. Is there any other advantage other than "fast track" which I used to get traveling Business Class anyways? I have not been keeping up with latest developments for a while.
Never ceases to amaze me how vastly different requirements are across offices of Thai institutions of the very same organization. Either requirements for the DTV have tightened up since I got mine last year, or the consulate in Korea? seems particularly demanding.
They set out to attract 1 MILLION high net worth individuals when they launched this great visa. Sadly, they still haven't fixed some deal-breaking details: like requiring "Work from Thailand" applicants to be employed for a publicly listed corporation. Sad, as I am sure many DTV holders would consider switching. But real high net income people that can work remotely are not directly employed with public corporations, but run their own company.
I understand that tourism is a big segment in their economy. But they should refocus on quality over quantity. And they should also start strengthening other industries as that negative kind of overtourism might neither be sustainable nor desirable in the long run. But all I hear from politics is more, more and bigger.
I, for one, applaud all measure that aim at reducing the amount of visitors again. I have been living in Thailand for the better parts of the years since 2019. The years around COVID were a beautiful experience of only those coming, that actually cared enough about Thailand. What I witnessed early this year, that kind of main season and mass tourism was just sad and undesirable.