I know of 4 folks already in the last 6 months who have had their company assets (house/land) seized for using shell/nominee companies to control the assets. The long-tolerated illegal workarounds seem to have come to an end, or at least it seems to be the beginning of the end.
Just play GTA for a few hours and then ask yourself if you can handle it in real life. If the answer is "no" then pat yourself on the back fir not being retarded.
Their life but I would not advise anyone, especially someone in retirement age, to live here if they don't even have a lousy 800k baht liquid. Shit can go south real quick here and money is the only thing that sometimes gets you out of it.