You cannot enter Thailand more than 2x in one calendar year using a land border crossing. You can technically enter by air many times. Two weeks every month might become a problem after maybe 6 months.
I am expecting that I will have to reapply in full in 5 years. I plan on keeping copies of my tax returns and insurance certificates for the next 5 years in case they ask whether I continued to meet the requirements.
I had an OA for six years. You have to show that you met the financial requirements throughout the year, for example with a yearlong bank statement, in order to qualify for a subsequent extension. I am assuming the same logic will apply to the 2nd 5 years of my LTR.
I didn’t ask the BOI directly what they would do in five years because I assumed that they don’t know exactly themselves. I did ask if they would check about my insurance coverage each year and they said they would not. My pension won’t change so I didn’t have to ask about that.
These tourists spend much more than 2000 once they are in the country. The money going into the economy by attracting more tourists more than makes up for one time visa fees.
I would think the tourist generated income throughout Thailand would be more important than the visa fee income.
90 day entries may decrease the workload at immigrant which they may think is a good thing.
If you are living in Thailand you should be here on a long stay visa. It would be pretty easy for immigration officials to question and deny entry to those abusing a 90 day entry when there are alternatives.
Sure, 90 days to start would be more convenient to those looking to get through the process of getting a non-O and a one year extension but not that much easier. Something that new expats might appreciate more would be making it easy and straightforward to open a bank account in the first place. Allow people opening a bank account to easily demonstrate that they were pursuing a long term visa.