To me this visa really reeks of desperation, the rules are unprecedentingly lax. Before they wanted to attract the "high quality" travellers and residents but apparently that didn't work out as well as they thought (who would have guessed with those LTR requirements?). So now they are basically going all in and flinging the gates open in the last desperate attempt to get more of tourism money. If what is stated in this thread is correct, for example few weeks Muay Thai or cooking course qualifying for it, and sometimes not even having to show last 6 months bank statements so being able to borrow the 500k for the application, this really is a free pass for a HUGE amount of people. Will be really interesting to see what happens. Maybe they will start throwing out PRs and Citizenships on top soon?