For all those who have been in doubt (or unclear about details), here is the approved law as published in the Royal Gazette - both in the Thai original, and (Google-) translated into English.

Key takeaways of the DTV - Destination Thailand Visa:

- a 5 year MULTIPLE ENTRY visa

- allowing UNLIMITTED ENTRIES into Thailand during that 5 year time of max 180 DAYS EACH

- OPTIONALLY EXTENDABLE IN COUNTRY once at each entry for another 180 days at local immigration (for those not wanting to leave Thailand before 180 + 180 days).

- price of the 5 year visa: 10k THB

- proof of financial evidence or financial support of at least 500k THB

- only available at Thai consulates (outside of Thailand / not in Thailand)

Seems to be open to all nationalities.

A game changer.

No need to spread misinformation anymore, when we have facts now.

Source:

[members only]