Buyback and advance disbursement.
Security and peace of mind for you and your loved ones.
At Far Land we understand that a great financial plan must come with flexibility. Our contract structure is designed to protect your assets while providing the assurance that you will have adequate financial support for your healthcare needs when you need it most.
1. Guaranteed Buy-back Policy (60%)
When the 15-year occupancy period as outlined in the contract is complete, Far Land offers you financial security through a transparent buy-back policy:
- 60% Cash Buy-back: The company will pay you back 60% of the initial fee (Initial Fee) that you paid upon entry.
- Inheritance Option: In the event of the occupant's passing, the company will distribute this amount to the designated heirs as specified in the contract, ensuring your assets are properly managed and passed on correctly.
- Lifetime Residence Rights: Even after receiving the 60% buy-back, you will still retain the right to continue residing in the project as long as you wish, simply by paying the regular monthly service fees.
2. Advanced Health Drawdown System
We have prepared a fast financial exit option to support situations where your health requires special care. You can choose to utilize the "Advance Buy-back" to fund your healthcare needs within the project according to your condition:
- State 2 Phase (When You Start Needing Assistance):
- You can withdraw up to 20% of the buy-back amount.
- For use in modifying home equipment or hiring additional caregivers (Caregiver) to maintain quality of life and independence.
- State 3 Phase (When in High Dependency):
- You can withdraw up to 50% of the buy-back amount.
- For covering high-level medical expenses, professional nursing care around the clock, or intensive physical therapy under JCI standards.
3. Why This Model Is Best for You?
- Peace of Mind: You don't have to worry about finding new money to pay for medical expenses during a crisis because we have prepared this reserve fund for you from the money you paid from the beginning.
- Family Security: Reduces the financial and emotional burden on your children because the financial system of Far Land is designed to be self-sufficient (Self-funded) until the last day.
- Transparency: Every withdrawal and refund is clearly specified in the contract from the start of the project, with no complex disputes.
4. Summary of Value
With the initial investment value transforming into a security guarantee, the Far Land project is not just about choosing a place to live, but rather selecting the best "Strategic Life and Health Insurance Plan" for retirement in Thailand.