Hey guys! I am a director, have a WP and got my 1 year non B visa in Penang 2 weeks ago. I decided to move out from here within a year so I am thinking to sell my company before I leave. The question is about my current visa and WP - will it stay with me or will be cancelled once I stop to be related to my company? Dont want to be surprised on the next border run
TLDR : Answer Summary
The discussion focuses on the implications of selling a company in Thailand and how it affects the Non-B visa and work permit (WP) of the individual. Key points include that if the individual officially resigns and returns the work permit, the visa will automatically be canceled. It is advised to handle the cancellation properly with required documentation to avoid complications such as overstaying fines. Furthermore, engaging with local immigration and labor authorities is recommended to clarify the process.