Unanswered2 years ago
Can I rent a resort on a retirement Non-O visa and receive profits without working?
Hi
Is it possible to be on retirement Non O visa and rent a resort without working have staff , manager and receive profits ?
Is it possible to be on retirement Non O visa and rent a resort without working have staff , manager and receive profits ?
Summary so far
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.
11 repliesnewest first
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Warren *******
No
Brian **************
No no no
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 **********
@Leo *****
I've pm'd you.
Mark ********
@Leo *****
sent you a message.
Ron ********
@Leo *****
Let me know when you open the place back up for lodgers. I may want to rent from you.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
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 companyBrandon ************
@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.
Richard ********
OP@Brandon ***********
Sure cannot work ( repair etc ...) but managing it I m not sure it s different of workingRichard ********
OP@Brandon ***********
maybe by by telepathy or video call by my company in Europe or secretly under the duvet with my gf- managerActivity
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