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Answered2 years ago

Can I operate a business in hospitality on a retirement visa if I have a Thai shareholder?

Carsten ***********
asked Nov 17, 2024
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If i want to do business in hospitality , but not work and I have a 51% Thai shareholder, can i do that on a retirement visa or does it has to be a business visa?
Answer summary
A person with a retirement visa can have a 51% Thai shareholder and be a part owner of a business, but they cannot engage in any work activities, including basic tasks like opening the door. While they can oversee the business, direct involvement is not permitted. Retired persons married to Thai citizens may have different working rights.
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Carsten ***********
Carsten ***********
OP
Thanks very much guys… so, a retirement visa would be the best option obviously
Chris *******
Chris *******
As a business partner you are legally able to "oversee" BUT not actually work in your business on a retirement visa.

Many blur that line without issue.
Steven *******
Steven *******
A retired person married to a Thai can legally work.
John **********
John **********
@Steven ******
only if they have a Non-O based on marriage and get a work permit. If they have a Non-O based on retirement they can't work, whether married or not
Steven *******
Steven *******
John **********
John **********
You can be a part owner of a business on a retirement visa but you can't do any work in the business, not even opening the door
Phil ******
Phil ******
@Carsten **********
can't on RETIREMENT VISA OR EXTENSION

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