Originally Posted by
SKT-DK
Not really... And given that the Elite visa used to cost 1mn and now prices out at 5mn, then I would dare say your logic is a bit upside down.
Granted, the LTR visa is applicable to wealthy retirees and "global citizens", but more importantly to highly skilled professionals who will work and contribute to the local skill-base and society.
LTR is for people with a ton of money/income. Elite doesn't have a million USD asset requirement or $80,000 USD income requirement. If I'm 40 years old and have an income of $4000 per month from investments, my only option to "retire" in Thailand is the Elite card. Or get married to a Thai.