Reasons I have DTV and not non-o are simple, non-o needs in country extension always at the same month in the year and I only spend maximum half of the year in Thailand, so it is unpractical.
The 500K locking of money in a low interest account for DTV is not a problem for me.
I have a job where I can work remote, from our own house with our own fiber internet.
That 5 minutes at the border and get back in is tricking the system, perfectly legal, but anyone can understand that it is not meant to do that way.
If DTV was designed to stay 5 years uninterrupted in the country they would have made it possible to extend in the country as much as you want, and not just once.
When too many people trick the system this way, immigration might change rules.
Just show me such an official site, Thai embassy in Netherlands does not say it anywhere like that. Only workcation or softpower activity is mentioned. A workcation normally will not last 5 years.
when you live 5 years almost uninterrupted in Thailand on a DTV you are tricking the system. The fact that a stay is maximum 360 days makes it very clear that it is not meant to use it that way. Tricking means that you are using something in a way it should not be used in a completely legal way.
For Elite you can stay uninterrupted for up to 20 years when you want, for DTV you only can stay uninterrupted 360 days. A DTV stay can only be extended once. That there are obligations for both DTV and Elite is a different thing. Long term only refers to the maximum length of stay and that is 360 or 7305, which in my opinion is a big difference.
Isn't elite not always something that depends on money? I think elite is the correct name for the visa. And DTV is cheap and therefore not elite, and because it is not elite, banks don't like DTV holders as customer, they generate a lot of work and no profit. I hear DTV holders say they switched from non-o to DTV because they do not want to have money on their Thai bank account, but they still want to have an account.
360 days or 7305 days, you can call that a minor difference of course, but you don't need to be a genius to understand that compared with the long term of 7305 days max of elite, the 360 days of DTV not really is long.
Why is everybody here so excited about having the possibility to do QR payments. I agree it would be a nice to have, but not that important to spend that much attention to.
And as far as I can see QR payments are the only thing you need a Thai account for.