@Chris ******

yeah that's correct. It's not a Visa and it's based on the 90 day non O. It's an extension based on retirement.

@Robert ********

since you qualify financially don't go and waste your money on an agent. Do it yourself. The process is very easy. If you're returning on a 30-day visa waiver go to immigration and convert your entry stamp to a non-O visa. Then go back in a couple of months after the money has seeded and get the one year retirement extension. Even though the money will have been in for 4 months you will still have to seed it from the time you apply for the non-O. But you can just relax for 2 months before getting the extension.

@Robert ********

there is no such thing as a retirement visa. It's a one year long stay non-o visa with yearly extensions based on retirement.

It doesn't matter.

@Jarek ***********

I have a friend who bought a beautiful ocean villa for a million dollars on a 30 year lease and he was told by the land owner he won't be able to renew it. He wants to sell the property but no one wants to buy it with only 10 years left on a non renewable lease. There will be many more cases like this.

@Jarek ***********

That is exactly correct. Thai law says that you have the option to renew a 30 year lease but not the right. When I was a big player I once attended a meeting several years ago with a lawyer and the then head of the Phuket Land Office who clarified that the Thai translation into English on renewal of a 30 years lease was most definitely option to renew and not right to renew. But many leasholders have been sold a 90 year lease on the basis that if a sum of money is paid on the signing of a contract it gives it validity. And that is true of certain kinds of non property owning commercial contracts. So the developer would make 3 back to back 30 year leases with small sums of maybe 10K baht to be prepaid for the renewal on expiry of the first 30 years and another prepaid 10K at 60 years. They would argue that these prepaid sums cemented the contract but that is not true since the 30 year rule overrules any such agreement.

@Jeremy *******

so that would be 26 years and 10 minutes?

@Jeremy *******

how long have you lived in thailand. 5 minutes?

@Jeremy *******

if I need serious help then you need a proper lawyer. 😀

@Jeremy *******

yes that's a statement of fact. There's nothing sensational about it. I worked in real estate for 13 years and know Thai land law extremely well. It is your statement that a lawyer can do anything in Thailand that is the sensational statement and it's irresponsible of you.