Basically a condo or a government savings account. Everything in Thailand has hoops to jump through. The point is though if you're willing to invest in Thailand, I'd rather have my funds tied up and keep them, than not have them at all.
I do think the investment option was more attractive at 3m baht as opposed to 10m though.
David Yeah, I'm not sure why though. The OPs questions was Investment visa over the PE. 20 years on tourist visas and border runs sounds brutal, idk why anyone would do that ๐
If you have the money and are willing to invest in Thailand, investment visa is the better financial solution because you keep your money. There are limited things that qualify for investments though, condo (not houses) and government savings accounts are the 2 most common. 10m baht.
The information they posted in 2019 when they brought the tm30 back specifically said tourist visa and visa exempt entry holders where exempt from TM28 and TM30.