Hi Jennifer, yes, this "buy for 3 million and get longstay visa" also caught my eye. I queried a legal/business firm about it and got this response:

"Yes, the route does exist, and in our article you can find links to the relevant Immigration Bureau orders.

That said, at the moment we are handling these matters with the operator on a case-by-case basis, and so far our cases are still at the eligibility check stage. We therefore cannot yet confirm actual approvals from practical experience. As this is a new visa route, we still need to see how it works in practice."

I further inquired whether this was a generally available scheme, or limited to one (Phuket) developer as some have noted. The response was:

"Correct, this is not limited to Sansiri and is not tied to any one developer or region.

Several developers appear to participate in the program and market it as including a “free” visa, although in practice that cost is usually built into the property price."

Another legal firm has this caveat on their website:

"The detailed implementing regulations and administrative procedures for this pathway have not yet been issued by the relevant Thai authorities. Despite representations by some agents and legal consultants, this program is currently inoperable pending publication of complete regulatory guidance. Foreign nationals should exercise caution and obtain current legal advice before relying upon this pathway."

So, on face value it's interesting, but currently appears to be somewhere on the spectrum between bleeding-edge and non-existent.

Furnished studio or 1 bedroom apartment in a condo with a small gym and pool, internet provided, in Chiang Mai, long term, between $700 and $800 AUD. In Melbourne, unfurnished 1 bedroom unit, no pool or gym, no internet ... around $1300 per month if lucky.

@Greg ********

in what city, may I ask?

@Kevin *********

Hi Kevin. I've followed this group and noted Brandon's advice on multiple occasions across multiple visa/banking issues, for a couple of years. He knows what he's talking about. I'd suggest you drop the shouty capitals and just listen to him, check alternate sources by all means, and ... chill.

@Brandon ***********

is trying to help you and is being very patient.

@Wyn *********

I looked at Falcon plans and premiums and was puzzled ... I don't have it in front of me right now, but it seemed to say something like "max claim per incident 200k baht, with deductible 200k baht". I couldn't understand how there would ever be a payout on a claim, under that scenario, making the annual 3 million cover somewhat problematic. Or maybe I missed something 🙂.

@Joe *********

... asked about the non-O, and

@Brandon ***********

showed where to find it. Non-O is what it is. Brandon's posted tons of helpful stuff over a long period, as far as I've seen. "I'm only new here" should go hand in hand with a bit of humility, eh?

@Quinn *******

Sometimes with these sites, if you failed to provide some info, you'll see an error message telling you which field is the problem, but the error message won't be very prominent ... It may be right at the top or the bottom of the page. Good luck.

@Wayne ********

Ah, sorry. Forgot to mention that - Chiang Mai.

@Mark *******

Looks like it's officially coming into operation from 15 August 2023. I'd check at that time.

@Mark *******

Nothing official yet, re when. But I do believe the govt has officially approved re-introducing it, in their most recent (last month) conference on their teform agenda. It seems to be the way with Vietnam that an idea gets floated, discussed, then approved, then implemented ... but it takes a while. Late this year would be my guess, but it's just a guess.

Here's a recent article on the subject, with the obligatory goofy comments section 🥴

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