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

Visa Types Retirement Visa Business Visa Thailand Immigration Hospitality Business Foreign Ownership

Nov 17, 2024

6 days ago

Carsten ***********

ORIGINAL POSTER

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?

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TLDR : 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.

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.

Carsten ***********

ORIGINAL POSTER

Thanks very much guys… so, a retirement visa would be the best option obviously

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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.

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Steven *******

A retired person married to a Thai can legally work.

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John **********

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

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Steven *******

@John *********

True

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Steven *******

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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

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Phil ******

@Carsten **********

can't on RETIREMENT VISA OR EXTENSION

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Phil ******

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