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Can I invest in or own a company while on an OA retirement visa in Thailand?

OA retirement visaThailand visa rulesinvesting in Thailandcompany ownershipexpat business laws
Jul 26, 2022
2 years ago
Robert ******
ORIGINAL POSTER
Hi all

I am currently living in Thailand long term on an OA retirement visa. My question is, am I allowed legally to invest in or own a company on this visa? I have no intention of actually working 😁

Can anyone point me at any laws/rules that exist around this.
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TLDR : Answer Summary
A holder of an OA retirement visa in Thailand is legally allowed to own or invest in a company, provided that they do not engage in any work for the business. Previous concerns regarding the definition of 'working' have become less of an issue with evolving regulations, and ownership is now accepted as permissible.
NON-O RETIREMENT VISA RESOURCES / SERVICES
  • Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
  • For immediate assistance, contact Thai Visa Centre directly via LINE at @ThaiVisaCentre or Email them.
  • Explore recent discussions by using the Non-O Retirement Visa tag in the search box at the top of the page.
  • Join the Thai Visa Advice Facebook Group to ask your questions, and get advice from others.
Stuart *********
You are absolutely allowed to own or invest on that type of visa. As long as you don’t actually work for the business it’s not an issue. Way back there used to be issues with “owners” and what’s determined as “working” as in if you signed a cheque for that company you could be classified as working for it, but I think that’s way in the past and Thai authorities have moved on from that.
2 years ago
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Robert ******
ORIGINAL POSTER
Thanks
@Stu***
 much appreciated 👍
2 years ago
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Robert ******
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