I am about to move to Samui and have a Bronze Elite Visa and looking to buy a Villa that has a Thai Company as part of the sale.
Am I able to work if I have this Visy and have 49% of a Thai Company.
Thanks in Advance
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TLDR : Answer Summary
The community consensus indicates that having a Bronze Elite Visa does not permit you to work in Thailand, even if you own 49% of a Thai company. Additionally, there are serious legal concerns with purchasing property through a Thai company, especially if it's perceived as a shell company to circumvent laws. The Thai government is cracking down on illegal practices related to property ownership and visa regulations.
just dont do it and pay extra 2000 baht end of year
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Michael ********
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Jack ********
Ask people on Facebook, that is always the best strategy or sort through the entrails of a dead jackal for a sign either method works.
Erik *******
Buying a house using a fake company with thaï nominees to circumvent the law is a very bad idea nowadays : thaï government is starting a crackdown on fake nominees nationwide . If you get caught : your house will be seized , you will be sent to tribunal , your visa cancelled.
And don’t listen to the many people who profit illegally from this shady system : they all will tell you: “don’t worry : it’s always worked like this in Thailand “ etc… the same guys who were saying few weeks ago that thai banks would never ever freeze/close bank accounts of foreigners …
Thailand is changing. Fast. You better not go against the wind …
Michael ********
No cannot work on elite visa.
Work have to give more detail need company with x amount of Thai workers
You can not have bank account and you cant have 5 years drive License on DTV. You need to leave every 6 months and you must do 90 report self or pay someone...
Reply to
Magnus ******************
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Judy *******
Thai company purchases linked to house sales are illegal unless they can prove legitimate tax payments etc
John **********
No
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John **********
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Thai Visa Advice and Everything Else
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