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Can I rent a resort on a retirement Non-O visa and receive profits without working?

Non-O Visa Thai Visa Regulations Retirement Business Ownership Real Estate in Thailand Expat Lifestyle

Jun 29, 2024

2 years ago

Richard ********

ORIGINAL POSTER

Hi 

Is it possible to be on retirement Non O visa and rent a resort without working have staff , manager and receive profits ?

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TLDR : Answer Summary

The conversation discusses whether it is possible for an individual holding a retirement Non-O visa to rent a resort, employ staff, and profit from the business without actively working. The consensus in the comments is against this practice, as the visa restrictions prohibit the visa holder from engaging in any work-related activities, even in a managerial capacity.

NON-O RETIREMENT VISA RESOURCES / SERVICES

Go to the Retirement Visa Section for information on requirements, including age restrictions, financial requirements, and necessary documentation.
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Warren *******

2 years ago

Brian **************

No no no

2 years ago

Leo ******

If you're looking for a resort... The family has one at the bottom of Koh Chang that's in an awesome spot and it's mothballed since covid.. All the furniture is imported from Indonesia and top quality. The location is 5 star. Just couldn't be arsed opening it back up as a job is the reason why we never opened it back up.

Dave **********

I've pm'd you.

Mark ********

sent you a message.

Ron ********

Let me know when you open the place back up for lodgers. I may want to rent from you.

2 years ago

Reply to

Ron ********

Brandon ************

A long as you're not doing ANY work yourself, then you can own. But you can't even interview or hire staff so not sure how you'd make it run

2 years ago

Radost **************************

@Brandon ***********

bullshit you can do most of all things, you can repair, manage and run, problem is the licences you need, so you needs Thai person or a built a company

2 years ago

Brandon ************

@Radost *************************

if you have a work permit sure. But that's not what the question was. They asked if they can own a business on a retirement visa. They can't do any of the things you just said while on a retirement visa.

2 years ago

Richard ********

ORIGINAL POSTER

@Brandon ***********

Sure cannot work ( repair etc ...) but managing it I m not sure it s different of working

2 years ago

Reply to

Richard ********

ORIGINAL POSTER

@Brandon ***********

maybe by by telepathy or video call by my company in Europe or secretly under the duvet with my gf- manager

2 years ago