Leisure Club Retirement Resort Concept

• Find A Safe and Affordable Location
• Build Quality Homes Designed For Retirees
• Add All the Amenities of a Luxury Resort
• Hire and Train an Excellent Staff
• Plan and Host Activities for Seniors
• Include a 24 hr Medical Clinic
• Promote a Member Club Atmosphere

Develop that resort in an area with golf courses, travel opportunities and an interesting culture. Charge a nominal all-inclusive monthly fee that includes utilities, maintenance, maid service, laundry, local transportation and management staff. Arrange visas and plan activities that will have your guests bragging about their community.

Thailand Board of Investments

Promotion by Thailand's Board of Investments Makes
the Retirement Resort Concept Attractive

Thailand wants to attract international retirees and nursing home patients. As an incentive for investors to build retirement facilities, Thailand's Board of Investment now offers promotional incentives. The rule states....

"Board of Investment Announcement
No. Sor. 1/2543
Promotion of Senior Home and Welfare Centers
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As it is deemed appropriate to promote investment in senior home and welfare centers,

By virtue of section 16 paragraph 2 of the Investment Promotion Act of B.E. 2520, the Board of Investment hereby adds the following text to category 7 of the list of activities eligible for investment promotion attached to the Board of Investment Announcement No. 2/2536 dated April 9, 1993 regarding the types, sizes and conditions of activities eligible for promotion, and the following activity and conditions shall apply:

1. Services must be in accordance with standards set forth by the government.
2. Investment capital of foreign investors must derive from foreign sources only.
3. No foreign ownership restriction shall be imposed.
4. Projects located in Zone 1 and 2 shall receive 50 percent import duty reduction on machinery that is subject to import duty greater than or equal to 10 percent.
5. Projects located in Zone 3 shall receive exemption of import duty on machinery only."