Sorry Lopez but I do not agree. You are using back-to-back tourist visas to remain here long term (and were already red-stamped) despite really being an expat. As others have stated before, just because some are doing this, does not make it safe or legal.
Lopez, the terms of your tourist state very clearly "Employment Prohibited", but if that definition falls into a grey area, then out of an abundance of caution perhaps the visa holder should not do it. Just because some allege online that they still do this type of work without any problems, does not mean it is without risk and the consequences if caught. Measure the Risk VS Reward. If you are truly a digital nomad, perhaps you should give thought to
Hi Lopez, You are very clever and fortunate to be able to do your digital nomad work from anywhere (provided you have good wifi) but you don't seem to understand the spirit of the employment laws in Thailand as they apply to foreigners, even though you have asked numerous times and the group has replied. Perhaps you should speak with an immigration lawyer for a better explanation, the first consultation is always free. I hope that would help.
As Tod mentioned, there is a lot of misinformation out there. I did the 3 MB option over a decade ago and purchased a condo off plan, as per the rules, so am speaking from first hand experience. It is highly unlikely the required deposit amount would have since decreased, so you might be confused with a different visa requirement.
That visa is valid for as long as the fixed deposit shows in your account or for as long as you own the condo. You are then required to show the evidence of either to immigration, once each year, to extend your visa by 1 year. If you flip the condo, then you must start the process all over again, with the funds in the fixed deposit account.
Over a decade ago, the required deposit was Bt. 3 million in a fixed deposit account, after which you could purchase a condo valued @ minimum Bt. 3 million (new and off plan ONLY) and upon completion of said condo and transferring the property to your name, the visa would be transferred to the property, thereby releasing the fixed deposit funds. Then you could lease out that property and earn some rental income. I have since heard the minimum amount has been increased to Bt.10 million.
Well, if you wish to tie up around Bt. 10 million for an unspecified amount of time VS buying an Elite Visa for Bt.500,000 and enjoying the perks and privileges for 5 years, that is something you have to consider for yourself.