I was told that it was, but maybe you should send them an email and ask. Sorry, but as an American I can't help you much more than this...or try to google for an agency to help. Good luck Paul!
He said he was aware of the Thai Elite Visa but will not consider spending such funds until such time as he can no longer remain here on repeated tourists visas.
I remember Lopez commented in an earlier string about foreigners should be allowed to stay in Thailand long term while on tourist visas. Then he claimed to have significant savings and did not need to work. It seems that has changed.