Ask question

What is the best visa for a 72-year-old UK national planning to retire in Thailand before selling a business?

Retirement Visa Non-O Visa LTR Visa Visa Types Immigration Tax Implications Business Sale in Thailand

Dec 11, 2024

7 days ago

Robert *********

ORIGINAL POSTER

I am seeking to retire here first before we sell business to be here together.  What is the best visa for me to get please. Age  72. Uk passport.

1,728

views

5

likes

46

all likes

22

replies

0

images

13

users

TLDR : Answer Summary

A 72-year-old UK citizen seeking to retire in Thailand should consider applying for a Non-O visa based on marriage or an LTR visa if financially eligible. It's also advised to sell any UK business before moving to ensure favorable tax conditions, avoiding potential capital gains tax issues in the UK.

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.

Emre *****

Most of them are like money much. It is necessary to get the most expensive visa category. Otherwise, it will not be easy to convince the woman to stay married. 😂 I know it well because I was abandoned. It is proven by experience.

Like

Reply

Ingvar *******

I mean ten years earlier have been much better. The average age isn't higher than 82.

Like

Reply

Ingvar *******

If you are healthy and fit, you can

have up to ten good years. But, in fact, 72 is little too late.

Like

Reply

Giorgi ********

seriously u need a hug....too late??? What are u on?

Like

Reply

Ingvar *******

@Giorgi *******

soon 78 four year left😢

Like

Reply

Reply to

Ingvar *******

Reply

Wanneeta **********

what?? too late?. There're nothing is too late, unless you're dead lol!.Do it my friends ! your wife is Thai.

Like

Reply

Reply to

Wanneeta **********

Reply

David *******

Off topic, sorry: but what business are you trying to sell?

Like

Reply

Kennedy ****

I want same things.

Like

Reply

SJ *******

Make sure you sell your business BEFORE YOU move.

Like

Reply

Andy **********

You will pay CGT on a business sold in the UK if a tax resident, but not if you are not. So picks your poison if wanting to be taxed by HMG or Thailand. You can't be double taxed due to UK-Thailand tax treaty. I suppose there might be some scam to pay tax nowhere. UK CGT rates are better for businesses worth more than £81,000.

Like

Reply

Bob **********

@Andy *********

And this is only speculation why are you saying things that haven’t happened

Like

Reply

Andy **********

What hasn't happened? A Thai tax system. Why has there been a tax treaty with the United Kingdom since 1981. Why am I answering a query? Why are you answering my answer?

Like

Reply

Bob **********

@Andy *********

why have I lived here for over 15 years and never been asked about taxes???

Like

Reply

Andy **********

You are American, so come from a strange country, which levies taxes on all US citizens, whether resident in the US or not. You question is irrelevant to the topic which is about UK-Thailand taxation. You should start your own thread, though I suspect the reason why you are not facing a Thai tax bill in the tens of millions is buried in the tax treaty Thailand has with your country. I don't know why you have lived in Thailand for 15 years. I don't know why, despite being registered with the Thai tax authorities since you are a law abiding resident of Thailand, they have not approached them about the subject. Maybe you should ask them.

Like

Reply

Bob **********

@Andy *********

And you’ve been paying tax in Thailand for how long and what are you paying tax on ?

Like

Reply

Reply to

Bob **********

Reply

Robert *********

ORIGINAL POSTER

As stated I will be coming to Thailand first. In fact I am here now...My wife will follow later...

Like

Reply

Reply to

Robert *********

Reply

James *******

@Andy *********

You may have to pay Capital Gains Tax if you make a profit (‘gain’) when you sell (or ‘dispose of’) all or part of a business asset.

Like

Reply

Andy **********

Yes, which will be most of the time if selling out of choice.

Like

Reply

Reply to

Andy **********

Reply

Pete *******

Non O based on marriage. If you are remitting the proceeds of your business sale into Thailand make sure you do it while you are non tax resident otherwise you could get clobbered by the Thai taxman.

Like

Reply

Michael ********

Thats why LTR is good option (tax free)

Like

Reply

Robert *********

ORIGINAL POSTER

Thanks.

Like

Reply

Reply to

Robert *********

Reply

Michael ********

If you have the money get the LTR visa. If not get the Non O marriage visa

Like

Reply

Reply to

Michael ********

Reply

Thai Visa Advice and Everything Else

... members · 60% approval rate

The Thai Visa Advice And Everything Else group allows for a broad range of discussions on life in Thailand, beyond just visa inquiries.

Thai Visa Advice and Everything Else

View the Conversation

Thai Visa Advice and Everything Else

What visa options are available for a UK expat planning to retire in Thailand?

42 comments

6 days ago

What is the best visa option for retiring in Thailand?

48 comments

22 days ago

What type of visa should I apply for to live in Thailand with my Thai girlfriend and how can I manage my UK pension and bank account requirements?

38 comments

2 months ago

What is the best visa option for retiring in Thailand as a UK citizen?

34 comments

3 months ago

What are the best visa options for retiring in Thailand full-time while maintaining ties to the UK?

25 comments

3 months ago

What visa should I apply for if I am over 50 and want to retire in Thailand?

23 comments

4 months ago

What visa options are available for retirement in Thailand if I have 800,000 THB in a bank and am over 60?

48 comments

7 months ago

What is the best long-term visa option for UK citizens over 50 travelling to Thailand?

9 comments

7 months ago

What are the best visa options for a UK citizen over 50 planning to retire in Pattaya, Thailand?

66 comments

8 months ago

What documents and visa are needed for a British expat to retire in Phayao, Thailand?

52 comments

10 months ago

What type of visa should I apply for to live permanently in Thailand at age 76?

145 comments

a year ago

What visa should I apply for to relocate to Thailand from Malaysia as a UK resident?

9 comments

a year ago

What is the best visa option for a 54-year-old planning to retire in Thailand?

15 comments

a year ago

What is the best visa option for retiring in Thailand for UK citizens?

109 comments

2 years ago

Is it easier to apply for a retirement visa in the UK or Thailand?

66 comments

2 years ago

What is the best visa option for a 53-year-old expat moving to Thailand with a Thai wife and child?

37 comments

3 years ago

What is the correct procedure to obtain a retirement visa for Thailand as a UK passport holder?

31 comments

3 years ago

What are the best long-stay visa options in Thailand for someone who is 60 years old?

43 comments

3 years ago

What visa options are available to a UK citizen married to a Thai citizen for long-term stay in Thailand?

6 comments

3 years ago

What is the best visa option for a UK citizen married to a Thai national looking to relocate to Thailand?

8 comments

3 years ago

What type of visa do I need to retire in Thailand with my Thai wife?

22 comments

4 years ago

What is the best visa for a UK retiree to live in Thailand while meeting the financial requirements?

5 comments

4 years ago

What is the best visa option for a UK resident over 60 married to a Thai citizen planning for semi-retirement in Thailand?

0 comments

6 years ago

What is the best way for my mother to move to Thailand for retirement regarding visas?

12 comments

6 years ago

Data protection policy Terms and conditions Disclaimer Privacy policy Refund policy

The asq:thailand community, consisting of multiple Q/A groups with over 100,000 members, powers this platform. It is not an official government resource. Our members actively contribute to this resource, and while we strive for accuracy, we cannot guarantee its complete reliability. Assistance to travelers is provided as a community service.