I think you're going to see a massive migration from non-O retirees and those married to a Thai, and an uptake in new applications. The wearisome conditions of these non-O visas are very outdated, and rather than trying to tinker with these, the MFA have given carte-blanche to those who are prepared to spend money in Thailand the opportunity to finally get a visa at a reasonable price with low entry requirements
There's no upper age limit. The government has been mulling this visa for over a month. They're looking for massive numbers of people who they hope will inject money into the Thai economy. The bigger spenders are those over 30! Most under-30's stay in cheap hostels, eat at 7-11, nurse one coffee an hour in coffee shops whilst playing on their computers and always travel by cheap bus - not exactly going to help the economy! 😆
I'm on non-O extension, but when you look at the criteria of the DTV it's a no-brainer to switch. It actually pays for itself! No 65k bank transfers required, no annual visits to immigration, no re-entry permits required. It's an absolute beauty. I only bring in money from a closed superannuation account so I have zero tax to pay anyway.
Why not? Get in while you can is my motto! Thailand has opened the doors for just about anyone willing to pay 10,000 baht, and had 500,000 savings, and wants to stay five years. It's a beauty
It's going to make the non-O, OA retirement visas redundant. Next trip back to Australia I'll be getting the DTV. Five years for 10,000, multi-entry and 180 days each time you enter. Best visa ever this one!
That's who it might be aimed at, but I think a lot of others will be jumping onto the bandwagon. I know a few people personally who are looking at possibly switching in the near future