Return Of Interest Capital
A full payment refund is provided to all Phuket Retirement Village residents and is contractually defined upon the property’s acquisition.
The refund of your initial investment in the property you purchased is paid as follows:
■ Returned to the registered owners (you or your spouse)
■ Returned to your next of kin or as otherwise specified
■ Returned to the executor of your estate or legal representative
The refundable balance is equivalent to the payments made to the Phuket Retirement Village to purchase the property, up to the refund date*. There is no interest or capital gain applied to the full payment refund.
*Conditions apply