simon
2016-05-28 19:55
has joined #newmembers
simon
2016-05-28 19:55
set the channel description: Introduce yourself to the community
alextrades
2016-05-29 03:37
has joined #newmembers
alextrades
2016-06-01 01:08
Looks good
alextrades
2016-06-01 01:08
We just need to label up some channels for trading and tax planning
meskiukas
2016-06-02 19:40
has joined #newmembers
etienne
2016-06-02 19:41
has joined #newmembers
colin
2016-06-02 22:09
has joined #newmembers
abens
2016-06-03 04:08
has joined #newmembers
jumichot
2016-06-03 17:32
has joined #newmembers
lenard
2016-06-06 04:26
has joined #newmembers
kenny
2016-06-06 16:42
has joined #newmembers
maxsuur
2016-06-09 03:43
has joined #newmembers
maxsuur
2016-06-09 03:45
Hi guys
maxsuur
2016-06-09 03:46
new member here from Spain
david99
2016-06-16 12:32
has joined #newmembers
josh
2016-06-21 08:53
has joined #newmembers
josh
2016-06-21 09:09
PT close to a decade now, previously based in Latin America, now in SE Asia. Curious what this community will be.
agalt
2016-06-24 17:56
has joined #newmembers
simon
2016-06-24 17:57
Hi blueview42, where in Latin America were you based? I'm planning on getting the residency in Chile later this year.
josh
2016-06-25 01:55
Lived in a few countries, Costa Rica, Ecuador, Colombia, and traveled to many others. Chile is an amazing country, are you planning on moving there? The drawback to Chile is you essentially lose the ability to travel as you have to spend at least half the year in the country to get residency.
maxsuur
2016-06-25 14:36
Hi guys
jumichot
2016-06-26 08:39
Hello :wink:
agalt
2016-06-27 18:48
Hello. I'm based out of Tbilisi Georgia and usually stay in the Balkans when I am not in Tbilisi. I run a small startup where I help people get Sim cards, accommodation, taxi rides, city Tours (coworking space locations, cafes, restaurants, etc) it is a catered service to save people time and money.
simon
2016-06-28 01:30
Welcome all :slightly_smiling_face:
maxsuur
2016-06-28 01:41
That is amazing
maxsuur
2016-06-28 01:41
Welcome to the group
david99
2016-06-28 18:18
Hi guys. Nice to see some post :slightly_smiling_face:
alextrades
2016-07-07 01:29
HI guys
maxsuur
2016-07-07 01:33
Hi
agalt
2016-07-07 10:09
Hello. Where are you and what is your story alex
maxsuur
2016-07-07 20:31
A spaniard living in mexico
maxsuur
2016-07-07 20:31
Trying to make it online via selling digital products
maxsuur
2016-07-07 20:31
And willing to have a more optimiZed international lifestyle
maxsuur
2016-07-07 20:31
What about you?
maxsuur
2016-07-10 14:40
Anybody here?
josh
2016-07-10 18:59
:alien:
etienne
2016-07-12 14:09
Hi Guys!!! I am a joyful Canadian looking for a warm winter! :stuck_out_tongue_winking_eye:
kim
2016-07-12 22:52
has joined #newmembers
vladeikamen
2016-07-13 21:08
has joined #newmembers
replay
2016-07-15 21:13
has joined #newmembers
replay
2016-07-15 21:17
hi guys. just joined, great to be here!
simon
2016-07-15 21:21
Great to have you here :slightly_smiling_face: Feel free to join / start conversations!
replay
2016-07-15 21:25
thx:) I guess I can intro myself first: My name is Mauro, Swiss citizen (but haven't been there for ages). I spent most of the past 12 years in China (Shanghai) and some years in Kenya and 2 years without any residency. 3 Months ago I got a really good job offer at one of the big silicon valley names, and took it, so atm I'm location bound to Ireland. The reason why I joined freedomsurfer is because I'm already planning to become location independent again, so I consider this phase my preparation to exit :wink: .
replay
2016-07-15 21:27
previously, when i lived without residency, i was working remotely for a company in new york. but this time i'm hoping i can stay completely independent by living off investment gains
replay
2016-07-15 21:29
lately i've started reading a lot about forex, and i've been writing bots that trade btc against usd on my behalf. so far they do make some money, but not much, and i don't dare to put a lot of currency on btc exchanges.
replay
2016-07-15 21:31
@simon i'm hoping to get into one of your lit courses :wink:
replay
2016-07-15 21:45
are there more people here who already live the location independent life?
josh
2016-07-16 01:54
Seems like most are - what a difference though between China and Kenya! Did you choose them for a specific reason or just to try something new?
replay
2016-07-16 10:20
China and Kenya are quite a difference indeed. Actually most of my friends in China are from east Africa i ended up with a good job offer from Kenya and that's why i left. Now i miss Shanghai though, in my opinion is still the best place to live at
simon
2016-07-18 22:48
I used to live in Xujiahui (SH). Now I'm based in Hong Kong. Between the two, I definitely prefer HK. It's not as polluted, everything is "smooth", people speak English, there is more entertainment and nature is easier to access. That being said, Shanghai definitely has a "je ne sais quoi" that's endearing.
replay
2016-07-19 16:17
Well, one of the reasons i prefer Shanghai is exactly the language, because I know Mandarin and I kind of understand Shanghainese, but I don't understand a word of Cantonese :wink:
replay
2016-07-19 16:18
But yeah, Hong Kong is cool too, just too westernized for me
replay
2016-07-19 16:19
do you have a temporary residency in HK, via a company?
simon
2016-07-19 16:27
Yeah I have the residency. Makes things a lot easier. In China I was using a 10 years multi-entry visa so I had to leave the country every 60 days, a real pain.
replay
2016-07-19 16:36
I'm so jealous that canadians and americans can get that and i can't
replay
2016-07-19 16:36
from 2006 - 2008 i used to go back and forth between HK and SH every 3 months to get a new visa, back then that was still possible
replay
2016-07-19 16:37
now they would get suspicious if you keep getting tourist visas in HK
simon
2016-07-19 16:49
Yeah I met a guy a couple of weeks ago in HK who had been blocked from applying for tourist visas in HK. He had been using them to stay in the mainland for a few years. The visa center told him to either go back to his home country and apply there or to apply for a real resident visa.
simon
2016-07-19 16:50
In my case I've used my multi-entry dozens of times and have never been asked any questions at the border. Not even when I go party in Guangzhou and come back the next morning.
replay
2016-07-19 17:04
they also artificially made the visa process in HK slower, to make sure that people can't just fly to HK from the mainland, get a visa and go back on the same day. there is some latency (iirc 4 days) which they just added at some point without explanation.
in december 2015 i wanted to go to china without having to sit around in HK and wait for the visa, after some talking with the girl at the visa agency i actually managed to convince her to give me an invitation letter with her own name on it. Then the agency took that letter and my passport and sent some guy across the border to SZ to get some paper from a gov office saying that I'm eligible for a visa, this guy came back to HK on the same day, and on the same day i could cross the border into china and get a tourist visa on the border. That was the only time so far that i managed to get a chinese visa on a land border :wink:
replay
2016-07-19 17:05
yeah, with your 10 years visa i think they'll allow you to enter as many times you like, never heard that they acted up on somebody who had the 10 years visa.
simon
2016-07-19 17:26
That's smooth! And surprisingly efficient for China :stuck_out_tongue:
simon
2016-07-19 17:27
If I were to move back I'd make sure to get a normal residency though, otherwise it's a massive pain moving money out of the country.
simon
2016-07-19 17:29
Investing is also a pain, an ID card number is needed for a lot of stuff and I can't get one with a tourist visa. Actually I'm not sure if residents get one either...
replay
2016-07-19 17:39
from 2008 - 2014 i had permanent residency in shanghai. unfortunately even with that you don't get the shenfenzheng ID card
replay
2016-07-19 17:39
i was working for a chinese company during the time, that's why i got it
replay
2016-07-19 17:40
otherwise you're right, that it would be a pain to have to organize it "on my own"
replay
2016-07-19 17:41
often when you want to subscribe for stuff that requires an id you'll need to find a way around it. i had some coworker who let me scan his ID, now he has 4 motorbikes registered on his name without knowing it :stuck_out_tongue:
replay
2016-07-19 17:44
2 of them were mine and then i sold them. 2 belonged to foreign friends of mine who had the same problem that they couldn't register their bikes because they had no IDs
simon
2016-07-19 17:52
I did something similar with my ex-girlfriend's ID number! I still have a bunch of accounts tied to her name... I wonder if she's noticed that her forex limit for 2016 has already been maxed :stuck_out_tongue:
replay
2016-07-19 17:54
lol:) yeah, so china is full of limits, but usually there's always a way around it
replay
2016-07-19 17:54
in kenya they say "never shake hands empty"
alextrades
2016-07-19 17:55
I like Langkawi if it had fibre optic for trading
replay
2016-07-19 17:56
@alextrades: you might be interested in that, apparently they have fast internet and it's just a little south of langkawi: http://kohub.org/
alextrades
2016-07-19 17:57
thats thailand lol
alextrades
2016-07-19 17:57
separate country
replay
2016-07-19 17:57
yeah, i know that, still just a little south :stuck_out_tongue:
alextrades
2016-07-19 17:57
I dont trust the police in thailand lol
alextrades
2016-07-19 17:58
yep
replay
2016-07-19 17:58
sorry, north actually
replay
2016-07-19 17:58
lol
alextrades
2016-07-19 17:59
lol
alextrades
2016-07-19 17:59
I like the canarys
alextrades
2016-07-19 17:59
and cape verde look promising
replay
2016-07-19 17:59
have you made bad experiences with the police in thailand?
simon
2016-07-19 18:00
Oh yeah, that's for sure. It's just always surprised me how flexible things can be in China. Before going I always assumed that everything would be controlled and the rules would be enforced in each and every case. That was my idea of a "communist" country. How wrong was I :stuck_out_tongue:
alextrades
2016-07-19 18:00
I would go south america but the sars virus
simon
2016-07-19 18:00
The police is fine in Bangkok, at least in my experience
alextrades
2016-07-19 18:00
no
simon
2016-07-19 18:00
The south is a bit more "wild"
alextrades
2016-07-19 18:00
but I cant fully relax knowing that they could plant something on you etc
alextrades
2016-07-19 18:00
not worth it
alextrades
2016-07-19 18:01
Hi Simon have you been to cape verde ?
simon
2016-07-19 18:03
No, I haven't been. I haven't spent much time in Africa... I like the culture but always found the lack of infrastructure to be a deal breaker.
alextrades
2016-07-19 18:04
think its quite ok there as big resort has installed fibre optic
replay
2016-07-19 18:06
afaik there is a backbone going down from uk along the african west coast and all the way to cape town. i assume cape verde is probably on that one
alextrades
2016-07-19 18:06
afaik?
replay
2016-07-19 18:06
as far as i know
alextrades
2016-07-19 18:06
what do you mean fibre
replay
2016-07-19 18:07
i mean that there's an undersea cable from UK going down along the african west coast down to cape town
alextrades
2016-07-19 18:07
cool
replay
2016-07-19 18:07
and cape verde is probably connected to that one
simon
2016-07-19 18:08
A backbone is basically an international fiber link. It's what provides connectivity to ISPs.
alextrades
2016-07-19 18:08
cool
simon
2016-07-19 18:09
There's a lot of buzz around the canaries too these days. Have you been?
alextrades
2016-07-19 18:09
yep just back from fuerteaventura
alextrades
2016-07-19 18:09
nice beaches landscape like a moon lol
simon
2016-07-19 18:12
Nice. Do you plan on establishing an EU residency before chapter 50?
alextrades
2016-07-19 18:13
Thats a good point whats quickest easiest way ? to be honest I dont think its going to get signed and by
alextrades
2016-07-19 18:13
march all eu countries have to vote if you can leave or not
replay
2016-07-19 18:14
the EU is changing the rules regarding when a country can leave? I didn't know that
alextrades
2016-07-19 18:15
yep its a joke
alextrades
2016-07-19 18:15
euro will collapse and take everyones wealth with it
alextrades
2016-07-19 18:16
Switzerland just withdrew there application to join the eu
alextrades
2016-07-19 18:16
and norway are like no thanks
simon
2016-07-19 18:16
Right now you can establish a residency anywhere, you are still a EU citizen. Permanent residency and naturalization takes five years in every country (it's a EU standard). Obviously non-EU Schengen countries like Switzerland have different rules.
alextrades
2016-07-19 18:17
to be honest the 30 day visa or 3 month works in general as well
alextrades
2016-07-19 18:18
if I was moving for long term it would maybe be better for me - I would like to get some more passports - ps did that currency account thing
simon
2016-07-19 18:20
Nice, did you go with a UK-based bank?
alextrades
2016-07-19 18:20
yep Barclays easyiest
alextrades
2016-07-19 18:21
I do want singapore account
alextrades
2016-07-19 18:21
not going there anytime soon my mum is tho ?
simon
2016-07-19 18:25
She could open an account for herself but not for you. Singapore banks are legally required to follow KYC regulations and in most cases this means a personal visit. As far as I know only Citibank accepts remote applications and they require an initial deposit of 200000$. If you want to put that much money into a non-interest bearing account you might as well fly there and go with a better bank!
maxsuur
2016-07-19 18:29
Hey guys
maxsuur
2016-07-19 18:29
I have studied college in the Canary Islands
maxsuur
2016-07-19 18:29
I moved there from mainland Spain
alextrades
2016-07-19 18:30
Is GC best place?
maxsuur
2016-07-19 18:30
It is ok there if you enjoy a warm climate and nice beaches
alextrades
2016-07-19 18:30
maxsuur
2016-07-19 18:30
Exactly in GC
alextrades
2016-07-19 18:30
@simon:
maxsuur
2016-07-19 18:30
I am probably biased
maxsuur
2016-07-19 18:31
The cost if living is a bit higher than in other parts of the country
alextrades
2016-07-19 18:31
im looking for fiber optic interent 300mps - nice beach - organic food - poker - Brazilian jui jitsu
maxsuur
2016-07-19 18:31
Drinkable tap water is unheard of
maxsuur
2016-07-19 18:32
What have you guys heard of the Canary Islands?
alextrades
2016-07-19 18:32
just been to fuertaventura
alextrades
2016-07-19 18:32
liked but not fast enough internet or easy to grow organic food
alextrades
2016-07-19 18:32
Singapore
DBS Bank
AA-
Aa1
AA-
23
333,510
alextrades
2016-07-19 18:32
is DBS the best simon ?
simon
2016-07-19 18:34
I've heard that the lifestyle in the Canaries (and Spain in general) is great, especially if you make your money online and aren't dependent on the local market. I know a lot of people who've moved to Barcelona or places like Tarifa in the last year. They all love it. Spain is great for tax optimization too if you qualify for the expat exemption.
simon
2016-07-19 18:35
I'd rank DBS and OCBC equally.
alextrades
2016-07-19 18:35
ok cool have you both and how do you find them
simon
2016-07-19 18:35
OCBC has better online banking facilities though, far better in fact!
alextrades
2016-07-19 18:35
mainland spain is different still great
simon
2016-07-19 18:36
They are more expensive than HK banks though. For example, they charge me for incoming wires. I've never been charged for that in HK.
alextrades
2016-07-19 18:36
ok cool and there trading account ?
maxsuur
2016-07-19 18:36
Well, Tarifa
maxsuur
2016-07-19 18:36
I was born 100 km from there, and actually my parent's home is there
maxsuur
2016-07-19 18:37
The windiest place I have ever encountered
maxsuur
2016-07-19 18:37
It is ok for the summer if you do windsurfing or kite
maxsuur
2016-07-19 18:37
Mabt expats there
alextrades
2016-07-19 18:37
where do you live now
alextrades
2016-07-19 18:37
max
maxsuur
2016-07-19 18:37
But living thee all year long is nuts
alextrades
2016-07-19 18:37
suur
maxsuur
2016-07-19 18:37
I would not
alextrades
2016-07-19 18:38
lol
maxsuur
2016-07-19 18:38
One never appreciates what's close to home
maxsuur
2016-07-19 18:38
Mexico
alextrades
2016-07-19 18:38
nice beaches there
maxsuur
2016-07-19 18:38
Less feminism and welcoming people
maxsuur
2016-07-19 18:38
Yes
alextrades
2016-07-19 18:38
lol
simon
2016-07-19 18:41
OCBC has the iOCBC platform which is great, it has almost as many instruments as Interactive Brokers! DBS's platform sucks and their fees are high, I do not recommend them for day trading. HSBC used to licence the Oanda platform, I don't know if they still do.
alextrades
2016-07-19 18:41
how do you buy a property bargin in GC @maxsuur ?
alextrades
2016-07-19 18:41
what time frame do you trade
alextrades
2016-07-19 18:42
whats your average holding time simon on a trade
maxsuur
2016-07-19 18:42
Well, I guess you look for a desperate owner who is bankrupt and make a nice deal for ya
alextrades
2016-07-19 18:42
best place to live there for the things im looking for
maxsuur
2016-07-19 18:42
Born residents there are broke
alextrades
2016-07-19 18:43
yep
maxsuur
2016-07-19 18:43
Another important thing
maxsuur
2016-07-19 18:44
Due to its insularity, women there are reluctant to getting to know outsiders
maxsuur
2016-07-19 18:44
Well, if you are french or italian, you may get a pass
alextrades
2016-07-19 18:44
lol are bring my own then
simon
2016-07-19 18:45
I'm not french but I speak french, do I get a pass? :stuck_out_tongue:
maxsuur
2016-07-19 18:45
And most of them are obsessed with developing a good physique
alextrades
2016-07-19 18:45
sounds good
maxsuur
2016-07-19 18:45
Hahah
maxsuur
2016-07-19 18:45
I guess you do, man
maxsuur
2016-07-19 18:45
Just fabricate an story and get your notchs
maxsuur
2016-07-19 18:46
Personally, from all of the places I have lived, the Canary Islands when it comes to picking up women has proven to be the most difficult
maxsuur
2016-07-19 18:46
So, it is something to keep in mind
maxsuur
2016-07-19 18:47
Romania and Mexico... Quite the contrary
maxsuur
2016-07-19 18:47
Fortunately :))
alextrades
2016-07-19 18:49
nice
alextrades
2016-07-19 18:49
have you done eastern europe for girls
maxsuur
2016-07-19 18:50
Sure!
simon
2016-07-19 18:50
In that region, Cuba is where the women where the easiest. Not that the other islands are particularly hard but in Cuba it was just ridiculous. Go for a walk to the corner store and come back with two Cuban 9 :stuck_out_tongue:
maxsuur
2016-07-19 18:50
What a blast!
maxsuur
2016-07-19 18:50
Hahahah
alextrades
2016-07-19 18:50
thressome pimp simon
alextrades
2016-07-19 18:50
lol
maxsuur
2016-07-19 18:51
I am quite close to Cuba, I may hope into a plane and seduce them with my european spanish accent :))
alextrades
2016-07-19 18:51
ive been to cuba all inclusive tho
alextrades
2016-07-19 18:51
I really like the capital think it be a cool city to live in
simon
2016-07-19 18:57
Yeah Habana is great. I had a great time in Camaguey too, there was a secret nightclub there that was out of this world (in an deep cave). It was only used by the locals so no one trying to scam tourists. I made friends there who drove me around and showed me the "cool" spots. Man I had a good time.
simon
2016-07-19 18:57
I hope the Americans won't ruin it :stuck_out_tongue:
maxsuur
2016-07-19 18:58
Hahha. Nice underground stories. Hopefully it won't become a second Cancun
simon
2016-07-19 18:58
@simon uploaded a file: https://freedomsurfer.slack.com/files/simon/F1T6A27B8/img_0167.jpg
simon
2016-07-19 18:58
Hehe just found a photo of the cave nightclub!
simon
2016-07-19 18:58
I apologize for the Save the Fish t-shirt :stuck_out_tongue:
alextrades
2016-07-19 18:58
been to a party in one of those bat caves in cuba
maxsuur
2016-07-19 19:00
You both seem a respectable pair of archaeologists
maxsuur
2016-07-19 19:01
:sunglasses:
alextrades
2016-07-19 19:01
lol
maxsuur
2016-07-19 19:01
I can smell the essence of women there haha
alextrades
2016-07-19 19:02
lol
simon
2016-07-19 19:05
Yeah and you know how Latin women are! The best party culture that's for sure :slightly_smiling_face:
alextrades
2016-07-19 19:05
medajin i bet the woman and ukraine
maxsuur
2016-07-19 19:05
Sure! Latin women are the best
simon
2016-07-19 19:07
One word of advice though, do not go to the toilet if you go to that cave nightclub. I still have nightmare about those...
simon
2016-07-19 19:07
Ah Ukraine! I've had a great time there too!
alextrades
2016-07-19 19:07
ive been there
simon
2016-07-19 19:07
And the countries around as well, especially Belarus
maxsuur
2016-07-19 19:08
Never been to Belarus
alextrades
2016-07-19 19:08
we should do a a freedom surfer meetup eastern europe meetup
maxsuur
2016-07-19 19:08
Those unknown countried are the ones that often surprise you
alextrades
2016-07-19 19:09
wheres the hottest girls that you have seen simon
maxsuur
2016-07-19 19:10
For me: in Romania
maxsuur
2016-07-19 19:10
Iasi
alextrades
2016-07-19 19:10
LASI ?
maxsuur
2016-07-19 19:10
Border with Moldavia
alextrades
2016-07-19 19:10
ok
simon
2016-07-19 19:12
Yeah especially as I went on a dare. Was drinking with a friend in Riga and we decided that it would be "funny" to go to Belarus. We were still smashed when we went to the embassy to apply for the visa and used the name of someone we found on couchsurfing for the invite :stuck_out_tongue: We spent a couple of days in Minsk causing mayhem and partying day and night. Even got detained by the KGB for playing an elevator prank at a government building. With hindsight, I really was quite stupid in those early days of travel :stuck_out_tongue:
alextrades
2016-07-19 19:13
lol riga has some hotties
maxsuur
2016-07-19 19:13
Hahahahja
alextrades
2016-07-19 19:14
so wheres hotest girls you have seen @simon
maxsuur
2016-07-19 19:14
I can totally relate to that
maxsuur
2016-07-19 19:15
Back in 2009 we stole an ice cream bucket from a local shop and started throwing ice cream to an statue which was near a police station at 4 am after leaving a nightclub
maxsuur
2016-07-19 19:15
The police came
maxsuur
2016-07-19 19:16
My friend got arrested and a policeman chased me but I finally was not caught, I ran like a cheetah
maxsuur
2016-07-19 19:16
That was in ljubljana (slovakia)
alextrades
2016-07-19 19:16
great story bro :wink:
maxsuur
2016-07-19 19:16
I can still feel my heart racing
alextrades
2016-07-19 19:17
back on track hotties - money - offshore banking - trading
alextrades
2016-07-19 19:17
:wink:
alextrades
2016-07-19 19:17
I love beautiful woman
alextrades
2016-07-19 19:17
lol
alextrades
2016-07-19 19:18
I wonder which is best loaction in the world to pull 10s all day long ? all ears everyone
maxsuur
2016-07-19 19:18
Virtual reality is huge alex
maxsuur
2016-07-19 19:19
You can have all the moolah and pussy you may wish for :))
alextrades
2016-07-19 19:19
lol vr is the next big money biz
alextrades
2016-07-19 19:19
thats for sure
maxsuur
2016-07-19 19:19
Yea
simon
2016-07-19 19:19
@alextrades: I'd say Poland. Had the time of my life there. I was on a commuter train near Warsaw when I saw a bunch of monks. Decided to follow them to see what they were doing. I ended up in a religious rehabilitation camp for young delinquents. Met some crazy party people there and ended up spending a while. Every day for fun, the girls were crazy hot, the vodka was flowing... Ah the good old days :stuck_out_tongue:
maxsuur
2016-07-19 19:20
Hahaajjh
maxsuur
2016-07-19 19:20
Wow
alextrades
2016-07-19 19:20
lol sounds like a sex camp with moneks
alextrades
2016-07-19 19:20
monks
alextrades
2016-07-19 19:20
lol
maxsuur
2016-07-19 19:20
Extermination camp revival sort of
alextrades
2016-07-19 19:21
ouch
simon
2016-07-19 19:22
Poland is quite a religious country and their parents were sending them there to "save" their soul. I can tell you that their soul wasn't saved that summer :stuck_out_tongue:
simon
2016-07-19 19:22
When you travel all the time you end up in some unbelievable situations, that's probably what I like the most about this lifestyle.
maxsuur
2016-07-19 19:23
The wild old days
simon
2016-07-19 19:23
Man I've done a lot of things in the last couple of years. So much that I almost can't believe it's only been four and a ha;f years
maxsuur
2016-07-19 19:23
Sure enough!
maxsuur
2016-07-19 19:23
Btw how old are you guys?
alextrades
2016-07-19 19:24
im 31
alextrades
2016-07-19 19:24
tell the girls 27 tho lol look young
alextrades
2016-07-19 19:24
hopefully lol
maxsuur
2016-07-19 19:24
In august i will turn 29
maxsuur
2016-07-19 19:24
Tick tack
alextrades
2016-07-19 19:25
how old you simon
simon
2016-07-19 19:25
I turned 27 in June
simon
2016-07-19 19:25
I'm the youngest here I guess!
alextrades
2016-07-19 19:25
nice my fav number
maxsuur
2016-07-19 19:25
Yes
maxsuur
2016-07-19 19:26
It is a great number
simon
2016-07-19 19:27
I left Canada two weeks after graduating. Been traveling ever since.
alextrades
2016-07-19 19:27
what time frames do you trade @simon and whats your average hold in a trade
alextrades
2016-07-19 19:27
nice
maxsuur
2016-07-19 19:28
Wow, that is awesome
simon
2016-07-19 19:30
I trade on the daily, mostly looking for medium term opportunities. I always wait for trends validation and enter in stages. A lot or two to get started, another 20 pips in and so on. I lose out on some potential profit but also almost never lose significant capital.
simon
2016-07-19 19:31
What about you guys? What got you into this lifestyle?
alextrades
2016-07-19 19:32
want to be financially free have adventures then save all the caged animals when have decent wealth
alextrades
2016-07-19 19:33
how long is your trade hold then 30 mins 4 hrs days ?
alextrades
2016-07-19 19:35
trading or software are the best models for big cash
maxsuur
2016-07-19 19:35
Well
maxsuur
2016-07-19 19:35
I have always wanted to maximize my freedom
maxsuur
2016-07-19 19:36
And after reading a book named: "the millionaire fastlane", my life was never the same
alextrades
2016-07-19 19:36
read that
alextrades
2016-07-19 19:36
good book
simon
2016-07-19 19:36
Ah finally someone who didn't become location independent because of the 4 hour workweek :stuck_out_tongue:
maxsuur
2016-07-19 19:36
I saw that another life was possible and devoured every single book I could get my hands on
maxsuur
2016-07-19 19:37
That book did not impact me much
alextrades
2016-07-19 19:37
he started the journey lol
maxsuur
2016-07-19 19:37
Although I recognize its value
maxsuur
2016-07-19 19:37
Another amazing book for freedom
maxsuur
2016-07-19 19:37
Is "how i found freedom in an unfree world"
maxsuur
2016-07-19 19:37
By Harry Browne
maxsuur
2016-07-19 19:38
i urge you to read it if you havent yet
alextrades
2016-07-19 19:38
cool
alextrades
2016-07-19 19:39
just read NO EXCUSES BY BRIAN TRACY
simon
2016-07-19 19:39
I'll add it to my list :slightly_smiling_face:
alextrades
2016-07-19 19:39
amazing book !
maxsuur
2016-07-19 19:39
:))
maxsuur
2016-07-19 19:39
Like the title
alextrades
2016-07-19 19:40
my top 5 book
alextrades
2016-07-19 19:40
in top 5
simon
2016-07-19 19:40
For me it was the Overseas radio network that got me into the five flag stuff back in uni. They had a show about the perpetual traveler lifestyle, it just seemed as if the lifestyle had be designed for me!
alextrades
2016-07-19 19:40
nice
maxsuur
2016-07-19 19:41
Yes
maxsuur
2016-07-19 19:41
The same thing happened to me
simon
2016-07-19 19:41
I was quite the party guy back then too and "Around the World in 80 Girls" had somewhat of a big impact on me :stuck_out_tongue: Not sure I should post that here hehe
alextrades
2016-07-19 19:41
here would be good and I want to read it
alextrades
2016-07-19 19:42
pm me it
maxsuur
2016-07-19 19:42
Hahaa
maxsuur
2016-07-19 19:43
I think we are all in the same boat
simon
2016-07-19 19:43
I heard Neil's even got a movie deal :stuck_out_tongue:
maxsuur
2016-07-19 19:43
Wow
alextrades
2016-07-19 19:43
is it good read ?
maxsuur
2016-07-19 19:43
So I guess we all liked the "catch me if you can movie"
maxsuur
2016-07-19 19:44
And another casanova: "my wicked wicked ways" by errol flynn
simon
2016-07-19 19:44
Reading it is a bit like spending an evening at the pub with the lads. It's very funny and full of stuff that would make a PC-type person cringe. I enjoyed it quite a bit
alextrades
2016-07-19 19:44
wheres hottest and easiest then simon
simon
2016-07-19 19:44
Yeah catch me if you can was great
simon
2016-07-19 19:48
Hottest? Depends on your preferences but Poland, Ukraine and eastern Europe would be it in my opinion. Easiest? Other than Cuba, I'd say China. The Philippines too but I didn't like Manila one bit.
alextrades
2016-07-19 19:49
what about Medellin ? and Scandinavia
alextrades
2016-07-19 19:49
:slightly_smiling_face:
simon
2016-07-19 19:50
Haven't been to Medellin. I've been all over Scandinavia and while there are many beautiful women there it's not as good as eastern Europe.
maxsuur
2016-07-19 19:51
Feminism is huge in Scandinavia
maxsuur
2016-07-19 19:51
And the cost of living is high too
maxsuur
2016-07-19 19:51
Personally I have not been there
maxsuur
2016-07-19 19:52
But I guess that for native english speakers should be fine, everyone there speaks nearly perfect English
simon
2016-07-19 19:55
Yeah the cost of living is ridiculous. Even worse than Australia. Their currencies have dropped a bit recently but back when I last went to Norway a bottle of water cost nearly 5$, a decent meal could easily go over 50$ and beer was pretty expensive too! I felt ripped off all the time.
alextrades
2016-07-19 19:55
swedish girls are liberal
simon
2016-07-19 20:02
That they are! Or were, before the refugee crisis. Not sure how that will affect those countries long-term. Not positively I bet!
alextrades
2016-07-19 20:03
my friend is swedish and shes like yep let them the come and now look the situation
alextrades
2016-07-19 20:03
shame
simon
2016-07-19 20:11
The problem is that the people in favor of this uncontrolled immigration have never been to the middle east. They don't know who they are letting in. They don't understand that the two cultures just don't work well together.
alextrades
2016-07-19 20:12
exactly
alextrades
2016-07-19 20:14
these people weren't raised in a western world and the liberal mindset are too dumb to realise, this then when bad things happen they find are execuses to blame it on
alextrades
2016-07-19 20:14
or close off from it
simon
2016-07-19 20:16
Did you hear about the Afghan bloke today who stabbed a bunch of girls in France because they were wearing bikinis? I bet the government will do nothing about it, will again say that deporting the problematic ones would be racist.
simon
2016-07-19 20:18
At least my home country is on the other side of a large ocean and it doesn't have a freedom of movement culture.
simon
2016-07-19 20:24
Do you like rap Alex? Been playing this on repeat for nearly an hour now! https://www.youtube.com/watch?v=4pMsOLcdfdE
maxsuur
2016-07-19 20:24
Gonna listen to it :)
alextrades
2016-07-19 20:34
yep like the game
alextrades
2016-07-19 20:34
catch you later guys be cool to hear more about the trading maybe some vids @simon
alextrades
2016-07-19 20:34
night
simon
2016-07-19 20:36
Alright talk to you later!
replay
2016-07-20 21:38
I have a question regarding taxation:
My nationality is Swiss, until 2014 I used to live in China as permanent resident and paid taxes there, then I left China without registering as resident anywhere else. During the two years 2014 and 2015 I received a static monthly income by working remotely, not knowing where I'm supposed to pay taxes if I'm not registered anywhere. So I actually sent an email to the Swiss Tax Authorities explaining my situation and asking how I can pay taxes in Switzerland (I assumed since no other country wants my taxes I'll need to pay there). A day later I got a reply saying they forwarded my request to some government internal expert for international taxation, few days later this guy replied saying that the Swiss law clearly states that who isn't resident in Switzerland does not need to pay taxes there. So I ended up not paying any taxes for two years and nobody ever complained...
Now my question is, do you think I'm safe if i just keep doing that? I still have that email from the Swiss government saying that they don't want my taxes, so at least I could show that if somebody complains :stuck_out_tongue:
maxsuur
2016-07-20 21:45
What an amazing position to be in
maxsuur
2016-07-20 21:46
You could always become a resident of Paraguay
maxsuur
2016-07-20 21:46
And not pay taxes if you work remotelt
maxsuur
2016-07-20 21:46
Remotely
replay
2016-07-20 21:46
yeah, i've read the article about Paraguay and I understand why you'd want to do that if your own government pushes you to pay taxes. but in my situation i'm kind of like "why even bother?"
maxsuur
2016-07-20 21:46
Absolutely
maxsuur
2016-07-20 21:47
Just if you want to have some peace of mind whatever happens
maxsuur
2016-07-20 21:47
Well, let's wait for what Simon has to say
replay
2016-07-20 21:47
yeah, that's true, for the peace of mind i was considering the paraguay thing too
replay
2016-07-20 21:48
also, once you get paraguayan citizenship (after 3 years) you don't need a visa for russia anymore. right now i do need a visa for russia
replay
2016-07-20 21:48
so that's cool :slightly_smiling_face:
maxsuur
2016-07-20 21:50
That'd be cool
maxsuur
2016-07-20 21:51
You could always marry a hot russian woman
maxsuur
2016-07-20 21:51
That is another option ;) whatever your nationality or residency
replay
2016-07-20 21:51
lol, thanks, too much trouble for me
replay
2016-07-20 21:51
paraguay seems easier and cheaper :stuck_out_tongue:
maxsuur
2016-07-20 21:52
You can have more control, that is for sure
maxsuur
2016-07-20 21:53
I am also planning to do the paraguaian thing
maxsuur
2016-07-20 21:53
Maybe we could go there in a small retreat or something
simon
2016-07-20 21:53
It's a bit of a gray area to be honest. Technically speaking you should be a tax resident somewhere (even if you aren't a resident anywhere) but tax law simply hasn't caught up yet with location independence and this allows for situation like yours. I wouldn't worry too much about it if the Swiss government is cool with it. I'd simply avoid maintaining local ties. Bank somewhere else, keep an address somewhere else and document what you do (in case there is an audit). Or even better, get yourself a residency somewhere advantageous to "future-proof" yourself. Doesn't have to be a tax haven, there are ways to tax optimize in most countries.
maxsuur
2016-07-20 21:54
I guess the only country here that could audit him is Switzerland
maxsuur
2016-07-20 21:54
How likely is that?
replay
2016-07-20 21:55
@simon: thx simon, that makes sense. i was planning to go to south america beginning of next year anyway :wink:
simon
2016-07-20 21:57
Considering that it cost only a few hundred dollars to get the Paraguay residency, I'd recommend doing it if you are in that part of the world.
replay
2016-07-20 21:57
I've never heard of the Swiss government auditing someone, so I don't think the chance is high. but being future proof is good anyway
maxsuur
2016-07-20 21:58
You also need the 5k to depost into a bank account
maxsuur
2016-07-20 21:58
Despite getting them back at the enf of the process
replay
2016-07-20 21:58
k, if i get them back, no problem :slightly_smiling_face:
simon
2016-07-20 21:58
Yeah the Swiss government tends to be very "friendly" when it comes to taxation. It's nothing like the US or other western European countries.
maxsuur
2016-07-20 21:59
Lucky you replay
replay
2016-07-20 21:59
yeah, in switzerland the law actually says it's illegal to lie in your tax declaration, but it's legal to "forget" something... lol
maxsuur
2016-07-20 22:00
Hajaha amazing
maxsuur
2016-07-20 22:00
In Spain: your duty is yo know the law
maxsuur
2016-07-20 22:00
And then.. We are all screwed
simon
2016-07-20 22:01
In Canada you apply for "non-resident status" and if accepted, you get a piece of paper saying you do not have to pay taxes / file a report anymore (until you come back and stay for more than six months). I framed mine :stuck_out_tongue:
replay
2016-07-20 22:02
hehe, nice :slightly_smiling_face:
maxsuur
2016-07-20 22:02
Amazing
maxsuur
2016-07-20 22:02
You framed the moment you became a free man
maxsuur
2016-07-20 22:02
Looking forward to
simon
2016-07-20 22:02
Yeah, it's on the wall of my bedroom at my parent's house
simon
2016-07-20 22:02
A trophy of sort :stuck_out_tongue:
maxsuur
2016-07-20 22:03
Better trophy than most of the people can imagine
maxsuur
2016-07-20 22:03
Lucky us we know all of this good info
maxsuur
2016-07-20 22:04
Last year when I read : bye bye big brother, my mind was blown away
maxsuur
2016-07-20 22:04
By Grandpa
maxsuur
2016-07-20 22:04
Pretty shady stuff
simon
2016-07-20 22:04
Since you two are interested in Paraguay, it might be of interest to know that Uruguay and Chile also both offer easy residencies and do not tax foreign-sourced income (for five and six years respectively).
simon
2016-07-20 22:05
They are better countries from a quality of life perspective
maxsuur
2016-07-20 22:05
I dont plan to live there
replay
2016-07-20 22:05
i'll be in south america with a uruguayan friend, he might know where to go to there :slightly_smiling_face:
maxsuur
2016-07-20 22:05
Just to have the residency
maxsuur
2016-07-20 22:06
But I will check that out too
maxsuur
2016-07-20 22:06
How easy is to get residency?
replay
2016-07-20 22:07
I do like the idea of the second passport from paraguay after 3 years, it's always good to have a plan B.
replay
2016-07-20 22:07
if shit hits the fan in europe i know where i can hide out :stuck_out_tongue:
maxsuur
2016-07-20 22:07
Sure
maxsuur
2016-07-20 22:07
A backup plan
maxsuur
2016-07-20 22:08
To be honest, I dont see any good happening to europe anytime soon
simon
2016-07-20 22:09
In the case of Uruguay and Chile, you simply have to prove that you earn over 1000$ per month and will continue to do so. Their passports are hard to get though, you have to spend six months + every year there. Great residencies but not a good second passport option.
maxsuur
2016-07-20 22:10
Interesting
maxsuur
2016-07-20 22:10
I think I can make that
simon
2016-07-20 22:10
Thing is though, it's unlikely that even a "post apocalypse" Europe would be as poor as Paraguay :stuck_out_tongue: It's a great country from a tax perspective but not a great place to live should shit hit the fan.
maxsuur
2016-07-20 22:10
And at the same time i could get a paraguain residency to be eligible for a second passport in a few years time
maxsuur
2016-07-20 22:11
I'd move to Mexico
maxsuur
2016-07-20 22:11
You can live as a tourist here indefinitely
replay
2016-07-20 22:11
haha, yeah i was kidding with shit hitting the fan, i don't think it will get completely unlivable there :slightly_smiling_face:. But still, more options are good
maxsuur
2016-07-20 22:11
I have stayed here for a whole year now, and only left the country once
replay
2016-07-20 22:12
nice, never been to mexico
maxsuur
2016-07-20 22:12
6months :) each stamp
maxsuur
2016-07-20 22:12
It is a beautiful country
simon
2016-07-20 22:12
True that. If time wasn't an issue I'd myself go for as many passports as possible :stuck_out_tongue: More is better in this case.
maxsuur
2016-07-20 22:12
I love its vibe
replay
2016-07-20 22:12
same in east africa btw. you can stay indefinitely if you take a trip across a border every 3 months
replay
2016-07-20 22:13
which is good enough for me :slightly_smiling_face:
maxsuur
2016-07-20 22:13
More passports to frame on the wall
maxsuur
2016-07-20 22:13
Haha
simon
2016-07-20 22:14
Another thing to note is that UNASUR (the EU of South America) has recently approved freedom of movement. Paraguay is a member. This means that if implementation goes through as planned (by 2020) you will be able to live anywhere in South America. Considering the current political problems, I expect delays but it should eventually go through. Pretty neat benefit!
maxsuur
2016-07-20 22:14
That is freakin awesome
replay
2016-07-20 22:15
that's almost on schedule with me registering as resident in 2017 and then waiting 3 years for the passport. nicely timed :slightly_smiling_face:
maxsuur
2016-07-20 22:15
So, even morr options for astute location-independent entrepreneurs
simon
2016-07-20 22:16
@simon uploaded a file: https://freedomsurfer.slack.com/files/simon/F1TL0KUUC/unasur.png
simon
2016-07-20 22:16
That's the member countries
simon
2016-07-20 22:16
You two have freedom of movement in Europe too so two continents!
replay
2016-07-20 22:16
wasn't planning to end up in french guiana anyway :slightly_smiling_face:
maxsuur
2016-07-20 22:16
Just imagine how many girls there are in those countried
maxsuur
2016-07-20 22:16
Haha
simon
2016-07-20 22:16
Especially Brazil! The place has a reputation :wink:
maxsuur
2016-07-20 22:17
Absolutely, and portuguese is 85% similar to spanish
maxsuur
2016-07-20 22:17
Easy stuff ;)
maxsuur
2016-07-21 22:02
Turkey Coup: Erdogan bans all academics from leaving country as government crackdown intensifies
maxsuur
2016-07-21 22:03
Government bans academics from leaving Turkey and orders all those abroad to return immediately
maxsuur
2016-07-21 22:03
That is why it is important to have a 2nd passport...
simon
2016-07-21 22:06
What a mess. I hope he won't go pol pot on them :frowning:
simon
2016-07-21 22:07
Turkey was such a promising country. Why is it that people never learn from history and always end up giving power to a nut job...
maxsuur
2016-07-21 22:07
...hopefully
maxsuur
2016-07-21 22:08
Yes, turksbare generally very friendly and the country was looking to Europe
simon
2016-07-21 22:11
I'm wondering if the Germans will still be in a hurry to have Turkey join the EU. If shit really hits the fan there and they have freedom of movent, Europe will be swamped with migrants. Not just Turks but people from all over the place.
maxsuur
2016-07-21 22:13
Yes, I think they will see now the turkish integration in a different light
simon
2016-07-21 22:15
Maybe they'll build a wall make Turkey pay for it :stuck_out_tongue_winking_eye:
simon
2016-07-21 22:16
Like the Hungarians proposed.
maxsuur
2016-07-21 22:16
That'll be a very convenient move haha
simon
2016-07-21 22:19
In any cases, the way to go for us is to look for opportunities in this situation. Turkey is a mess, many Turks will be looking to safeguard their funds, invest abroad or even move abroad. There's a lot of opportunities there!
maxsuur
2016-07-21 22:23
The original meaning of Crisis is opoortunity (etymologically speaking)
maxsuur
2016-07-21 22:24
Absolutely, right off the bat, something you'd do to profit from it?
simon
2016-07-21 22:30
I'm definitely thinking about it. I'm doing really well right now consulting with UK businesses about EU rules and Brexit. Maybe I could create a consulting package for Turks with a focus on asset protection and immigration. I'm not familiar with their laws though so I'll have to find a local lawyer i can partner with.
maxsuur
2016-07-21 22:32
Sounds good to add another branch to your business
maxsuur
2016-07-21 22:33
And the turkish population is massive
simon
2016-07-21 22:35
What about you, are you looking at profiting from the chaos in Europe? :stuck_out_tongue_winking_eye:
maxsuur
2016-07-21 22:38
I definitely want to!
maxsuur
2016-07-21 22:39
But right now I am immersed into creating the sales message for my upcoming infoproduct
maxsuur
2016-07-21 22:40
Been learning quite a bit of copywriting lately
maxsuur
2016-07-21 22:40
Headlines, body, bullets, and so on
maxsuur
2016-07-21 22:40
Quite interesting to be honest, and crucial if you want to make major moolah
maxsuur
2016-07-21 22:43
There is something that I've learned that even you in less than 5 minutes could implement into your sales page and immediately boost conversions twofold
simon
2016-07-21 22:54
You definitely have my interest :stuck_out_tongue_winking_eye:
maxsuur
2016-07-21 22:54
Hahaha I know ;)
maxsuur
2016-07-21 22:55
Fasten your seatbelt
maxsuur
2016-07-21 22:55
Here is the secret:
maxsuur
2016-07-21 22:56
1. Drop the price 1 dollar, from 50 to 49. Psychologically, people think it is much less. In that case 49 resembles more 40 than 50
maxsuur
2016-07-21 22:58
2. Shoulder all the risk. Give a power guarantee. 30-day money back guarantee. If they dont like it, they will get their money back, no questions asked. And they can KEEP the bonuses.
maxsuur
2016-07-21 22:58
There you've got it, my friend
simon
2016-07-21 22:59
Here I was hoping you'd say "add a zero to the price and that'll increase the perceived value" :stuck_out_tongue_winking_eye:
simon
2016-07-21 23:00
Thanks for the info, I'll definitely give this a try!
maxsuur
2016-07-21 23:00
Hahah
maxsuur
2016-07-21 23:00
You can do it
simon
2016-07-21 23:00
And let you know of the results
maxsuur
2016-07-21 23:00
But instead 500
maxsuur
2016-07-21 23:00
Just leave it at 497
maxsuur
2016-07-21 23:00
;)
maxsuur
2016-07-21 23:01
Great, looking forward to
maxsuur
2016-07-21 23:01
You could even have an automated upsell selling your consulting services
simon
2016-07-21 23:02
Have you ever seen JP sears "live coach video"? If you're into marketing, you'll love it :stuck_out_tongue_winking_eye:
maxsuur
2016-07-21 23:02
After one acquires your flagship product
simon
2016-07-21 23:02
His sales funnel part is too funny
maxsuur
2016-07-21 23:02
Hahha i saw it
maxsuur
2016-07-21 23:02
Tons of fun
maxsuur
2016-07-21 23:03
But even his contrarian marketing is powerful marketing
maxsuur
2016-07-21 23:03
The guy know his stuff
maxsuur
2016-07-21 23:05
Knows
simon
2016-07-21 23:05
Oh yeah, actually I've even considered paying for a consulting call with him :stuck_out_tongue_winking_eye: not kidding! It's just 200$ for an hour
maxsuur
2016-07-21 23:06
It is actually very cheap haha
maxsuur
2016-07-21 23:06
Yo be honest
maxsuur
2016-07-21 23:06
Such popular guy
maxsuur
2016-07-21 23:07
About marketing?
simon
2016-07-21 23:08
Maybe just about life in general. I'm curious what he'd make of my lifestyle!
maxsuur
2016-07-21 23:09
Hahaha. I cannot possibly imagine
simon
2016-07-21 23:41
Especially with his ridiculously relax and arrogant voice :stuck_out_tongue_winking_eye:
maxsuur
2016-07-21 23:42
:)) very appealing
maxsuur
2016-07-21 23:43
Breaking news: the guy behind the popular site kickass torrents has been arrested in Poland
maxsuur
2016-07-21 23:43
The whole site is down
simon
2016-07-21 23:44
Damn! I love that site, I use it to download game of thrones :stuck_out_tongue_winking_eye:
maxsuur
2016-07-21 23:45
Hahahaha, best site for that matter on the internet! Plenty of books though
maxsuur
2016-07-21 23:45
Found a mirror kickasstorrents.website
maxsuur
2016-07-21 23:45
Just in case
simon
2016-07-21 23:46
I'm sure they'll move the site somewhere else. What pirate bay did...
maxsuur
2016-07-21 23:47
They have been hopping from jurisdiction to jurisdiction for a long time
maxsuur
2016-07-21 23:48
At least it could be accessed through Tor I suppose
simon
2016-07-21 23:50
They should move it to mainland China! The government there doesn't give a shit about Western copyright law. There's already a bunch of Chinese YouTube copycat chuck full of Hollywood movies and HBO series :stuck_out_tongue_winking_eye: they even have the nerve to play ads before the movie!
maxsuur
2016-07-21 23:52
Hahaha
maxsuur
2016-07-21 23:52
A very viable chinese business model
maxsuur
2016-07-21 23:53
Just found two chinese torrent index sites
maxsuur
2016-07-21 23:53
They seem to be very popular! Spot on, Simon ;)
simon
2016-07-21 23:57
simon
2016-07-21 23:57
They have a lot of cool series
simon
2016-07-21 23:57
They do not all work outside china though
simon
2016-07-21 23:57
They are all in English, with subtitles
maxsuur
2016-07-21 23:59
Thanks, I am gonna check it out
maxsuur
2016-07-21 23:59
I guess through a VPN..
simon
2016-07-22 00:00
There's a certain irony, using a VPN to get into China :stuck_out_tongue: It usually goes the other way!
maxsuur
2016-07-22 00:01
Hahahah I know, sometime ones need to do whatever it taked
maxsuur
2016-07-22 00:01
Takes
maxsuur
2016-07-22 00:01
It is all chinese, but somehow it seems to recognize my english-torrent searches
simon
2016-07-22 00:02
Yeah, Google translate + Chrome can also help :wink:
maxsuur
2016-07-22 00:02
Sure enough
maxsuur
2016-07-22 00:02
Or a crash course in Chinese haha
maxsuur
2016-07-22 00:04
Btw good song the one you recommended
simon
2016-07-22 00:04
ah the rap one?
maxsuur
2016-07-22 00:04
Yess
maxsuur
2016-07-22 00:05
Unexpectly good combination
maxsuur
2016-07-22 00:05
Kygo-eish + rap
simon
2016-07-22 00:07
Yeah I love the electro + rap combination. There's a lot of that on Youtube, Matoma's remixes especially.
simon
2016-07-22 00:08
He has good party tunes too, like this one: https://www.youtube.com/watch?v=rU-GqzLF6Rs
maxsuur
2016-07-22 00:09
Currently playing.. :)
simon
2016-07-22 00:10
I just wish someone in the comments had posted the details of the party in the photo! I'd definitely attend :stuck_out_tongue:
maxsuur
2016-07-22 00:15
Hhaha me too.
replay
2016-07-22 18:13
already back it seems :stuck_out_tongue:
replay
2016-07-22 18:14
or at least a copy of it
simon
2016-07-22 18:40
Nice! Thanks for sharing :slightly_smiling_face:
maxsuur
2016-07-22 21:08
Today, shooting in Munich
simon
2016-07-22 21:19
It's becoming a daily thing! What a shame, I've always liked traveling in Europe and always felt quite safe...
maxsuur
2016-07-22 21:20
It seems things are not what they used to be
maxsuur
2016-07-22 21:20
We have got to adapt to whatever the circumstances are
simon
2016-07-22 21:30
Yeah but we are running out of nice places to go :stuck_out_tongue:
simon
2016-07-22 21:30
China is too polluted and the government is cracking down on VPN use anyway.
simon
2016-07-22 21:30
Violence is increasing in Europe and the EU is on the verge of collapse.
simon
2016-07-22 21:31
The middle east is way too dangerous at the moment.
simon
2016-07-22 21:31
Many of the big Latin american countries are nearing financial collapse and major civil unrest. Not to mention their shameful crime problem.
simon
2016-07-22 21:31
The US election is nearing and with it, very dangerous possibilities... Maybe even civil unrest.
simon
2016-07-22 21:31
Japan and its debt / population timebomb, Korea and its "fat boy" problem etc.
maxsuur
2016-07-22 21:32
Hahaha
maxsuur
2016-07-22 21:32
Any good news?
maxsuur
2016-07-22 21:32
We could head to that kuching island you suggested in one of your articles
simon
2016-07-22 21:34
Well there are a few islands of peace and stability. Australia, NZ, Canada, some of the better prepared Asian countries (Singapore, Malaysia especially), Chile, some European countries (especially the ones who do not use the Euro) and even a few shining beacon of hope in Africa!
simon
2016-07-22 21:36
Kuching is great, the city is pleasant and the nature around it is epic. It's nearly impossible to become a PR in Malaysia though. That's a shame because they have a tax system similar to that of Singapore and HK.
maxsuur
2016-07-22 21:41
Ahhh. How long can you stay in kuching as a tourist?
simon
2016-07-22 21:43
90 days at a time. You can do back-to-back visa runs if you want to stay longer. I spent a while there a couple of years ago and did that. Man I had a good time there. Tropical weather, the beach, the rainforest, mountains,
simon
2016-07-22 21:43
Chinese food and pretty women
simon
2016-07-22 21:43
The wildlife is a bit scary though, the bugs are crazy big
maxsuur
2016-07-22 21:43
Hahah
maxsuur
2016-07-22 21:44
Nice
maxsuur
2016-07-22 21:44
You definitely piqued my interest about kuching
maxsuur
2016-07-22 21:44
If you organize there any retreat, let me know
simon
2016-07-22 21:49
I'll let you know for sure :slightly_smiling_face: Do you plan on going to Asia in, say, the next 12 months?
maxsuur
2016-07-22 21:54
:) I'd love to. But first I am heading to Spain next month
maxsuur
2016-07-22 21:54
Never been to Asia though
replay
2016-07-22 22:06
i wouldn't worry about violence in europe, statistically the probability to get killed by a car or cancer is still way higher... somehow those attacks just seem to leave a deeper impression due to some scare factor
replay
2016-07-22 22:07
like, even if they have an attack like that every day... how many % of the population die per year, and then you compare it with all the other causes of death. it's basically nonexistent :stuck_out_tongue:
simon
2016-07-22 22:09
Oh yeah the actual risk is fairly low. It's the impact it has on society I worry about. Look how 9/11 impacted the US...
maxsuur
2016-07-22 22:09
Absolutely
maxsuur
2016-07-22 22:10
People's mindset quite change after the attacks
replay
2016-07-22 22:10
yep, the mindsets seem to change indeed. osama would be happy to see that result
maxsuur
2016-07-22 22:10
And talking about statitics: "statitistics is a science that says that you neighbour has 2 cars and you have none, both have one"
maxsuur
2016-07-22 22:11
;)
replay
2016-07-22 22:11
lol, you can always turn it the way you want, but what you mean is an average. statistics would say 50% of the people have no car :stuck_out_tongue:
maxsuur
2016-07-22 22:12
You get my point
maxsuur
2016-07-22 22:12
Haha
maxsuur
2016-07-22 22:12
But have no car
maxsuur
2016-07-22 22:12
It is better from a minimalist perspective
simon
2016-07-22 22:13
Legal changes are another risk. Before 9/11, you could open a bank account in Canada and the US without any ID. I opened my first account by swearing I am who I am! The patriot act changed that real quick.
simon
2016-07-22 22:14
Governments tend to like power and they use public fear to grab more
replay
2016-07-22 22:14
yep, totally. i'm sure if you would sum up all the economic costs 9/11 has caused directly and indirectly people would facepalm
maxsuur
2016-07-22 22:14
I pressume all of these attacks are aimed at cutting off our freedoms
maxsuur
2016-07-22 22:14
They immediately apply "measures"
maxsuur
2016-07-22 22:15
For our "own safety"
replay
2016-07-22 22:17
i also think the media don't really help with that stuff. the terrorists design their attacks to be as brutal and scary as possible, the private media pick up exactly on stuff like that because they know it gets them viewers, and because the media do that the terrorists get reaffirmed in their strategy. so they work together pretty much hand in hand in changing the mindset of the people.
replay
2016-07-22 22:19
if a terrorist attack where 3 people got killed would get the same amount of attention as a car accident where 3 people got killed, possibly less attacks would happen in the future because nobody gave a shit :stuck_out_tongue:
maxsuur
2016-07-22 22:20
It is interesting, if the attack happents to be in France,it is big news all over the world
simon
2016-07-22 22:20
Yeah their engagement metrics are pretty damn good :stuck_out_tongue: Never thought I'd say that about terrorists...
maxsuur
2016-07-22 22:20
If it is in kenia, nobody gives a flying fuck
replay
2016-07-22 22:21
yep, that's due to the scare factor. if the people on the pictures are brown it's "them, not us"
replay
2016-07-22 22:21
so less scary
maxsuur
2016-07-22 22:22
And far away from home
maxsuur
2016-07-22 22:22
Which means is unlikely that thst ever happens in your country
maxsuur
2016-07-22 22:22
At least psychologically speaking
simon
2016-07-22 22:22
If you really want to see how bad things are right now, listen to the news from back in the 50s and 60s. It was the cold war but there was a ton of optimism and positivism. "Today X invented a new way to do that. Y flew non-stop for the first time across the pacific etc". Today it's all bad news and gossips.
maxsuur
2016-07-22 22:23
You are right
maxsuur
2016-07-22 22:23
Fear sells
simon
2016-07-22 22:23
Hope too. I just wish the media realized that
maxsuur
2016-07-22 22:24
I think our culture is morally degraded as well
maxsuur
2016-07-22 22:24
We are headed to turbulent times
maxsuur
2016-07-22 22:24
Before seeing the light at the end of the tunnel
simon
2016-07-22 22:25
Or ending up living in a Mad Max movie :stuck_out_tongue:
maxsuur
2016-07-22 22:25
Hahah that is another possibility
replay
2016-07-22 22:26
2 years ago i rode across that area where they made the mad max movie on a motorbike. that was awesome btw
replay
2016-07-22 22:26
namib desert, namibia :slightly_smiling_face:
maxsuur
2016-07-22 22:26
Technologic advance is so pervasive and it is accelerating
maxsuur
2016-07-22 22:26
Nice
simon
2016-07-22 22:31
I read an interesting article a while ago about virtual reality. The author was talking about the possibility that eventually it would become possible to feed simulations directly to our brain. That would effectively allow us to live in a virtual reality, one as realistic as real-life. The point of the article was that a large portion of the population might end up abandoning the real world in favor of virtual reality where they could be anything they want instantly. That it would be one of the biggest challenges we would face as a specie, keeping people interested in the "normal" world.
replay
2016-07-22 22:31
that was Matrix, wasn't it :stuck_out_tongue: ?
replay
2016-07-22 22:32
but yeah, i see what you mean
replay
2016-07-22 22:32
actually i would rather ask "why do we want to keep the people interested in the normal world?"
simon
2016-07-22 22:32
It might have been inspired by Matrix :stuck_out_tongue: But the article also used the recent rise of VR as support
replay
2016-07-22 22:34
If most people do cognitive jobs, they can work in their virtual world. from a government's perspective the only problem might be that you want the people to still make children, but i guess by them you can grow them anyway.
replay
2016-07-22 22:34
so in that case, in who's interest is it to keep the people interested in the real world? you can probably sell them more stuff in the virtual world so everybody is happy :stuck_out_tongue:
maxsuur
2016-07-22 22:35
I dont think there is much interest by the elites in people reproducing
maxsuur
2016-07-22 22:35
We are too many
maxsuur
2016-07-22 22:36
And feminism, homosexual favoritism, contraception, abortion and transexuals all of them have in common that they cannot or want to reproduce
maxsuur
2016-07-22 22:37
Look at bill gates giving vaccines to half Africa
maxsuur
2016-07-22 22:37
That is no coincidence
maxsuur
2016-07-22 22:37
There is some huge agenda behind it
replay
2016-07-22 22:38
i don't believe in secret agendas. i think every single person just acts in his own interest and everything is a huge mess
simon
2016-07-22 22:38
That would make sense if we all live in the same virtual world. If we are all solo-playing in our own virtual worlds things would be different. I might be living life as a Wookie while you are a crew member on Jack Sparrow's ship somewhere in the Caribbean :stuck_out_tongue:
maxsuur
2016-07-22 22:38
I think that there are major forces we cannot even comprehend
replay
2016-07-22 22:39
as long as the provider of your virtual world can sell you stuff that's not a problem
maxsuur
2016-07-22 22:39
I think people in power set directions in the world
replay
2016-07-22 22:39
disclaimer: i work at Facebook, we make that stuff :stuck_out_tongue:
replay
2016-07-22 22:39
together with some others admittedly
maxsuur
2016-07-22 22:40
The Social Network, nice movie :))
replay
2016-07-22 22:40
i meant oculus rift, was bought by FB
simon
2016-07-22 22:41
Oculus rift is pretty damn cool! A shame it's not really compatible with the nomadic lifestyle, you need a pc right?
simon
2016-07-22 22:41
I mean a powerful desktop
replay
2016-07-22 22:41
yeah i think so. we have some demo ones in most offices, i only played with them in the office
simon
2016-07-22 22:43
I've used the Google Cardboard on a few flights. It's not mature tech yet but it sure beat the plane's IFE!
simon
2016-07-22 22:43
If Oculus becomes more portable, I'll get one!
replay
2016-07-22 22:43
yeah, i think it's amazing how fast the brain seems to get used to it. once you are in there for 5 min you start to almost like forget what's actually around you
maxsuur
2016-07-22 22:44
I think that's going to be a huge opportunity for people in the real world while so many are opting out and getting immersed into virtual realities
maxsuur
2016-07-22 22:44
More pussy and business for us haha
replay
2016-07-22 22:46
i saw some other experiment that's kind of related: they took a person and sat him down in front of a table. theyhid the person's hand in something like a card board box which was open on the other side. then they placed a fake arm & hand inside that person's view. then somebody came and used a brush to tickle the fake hand in view of that person, and at the same time he tickled the real hand which was hidden inside the card board box. then suddenly that other person took a hammer and hit the fake hand on the table with it, all the people in the experiment were super shocked and said they felt like the fake hand is their own because the brain is connecting that stuff amazingly fast. i think with VR things a similar thing can happen if they really integrate well into all the sensory input
replay
2016-07-22 22:50
anyway, i believe that those things might have disadvantages, but at the same time they usually offer new opportunities. so being pessimistic doesn't help, because they're gonna happen anyway
replay
2016-07-22 22:53
in other news, have you seen how ethereum gained 20% in one day today? i was in there :slightly_smiling_face:
maxsuur
2016-07-22 22:53
Wow
maxsuur
2016-07-22 22:54
Ethereum is gonna be huge
maxsuur
2016-07-22 22:54
That Vitalik buterin, the next zuck
replay
2016-07-22 22:55
possible, yeah. unless some other thing comes along that's somehow better again. but for now it looks like ethereum has some serious advantages over bitcoin, and bitcoin is pretty huge already
simon
2016-07-22 22:57
Bitcoin has too much exposure to China. The government there could force the local players to make changes and that worries me. To work in the long run, a virtual currency has to truly be independent from national politics
replay
2016-07-22 22:57
i think the main problem ethereum might have is what people do with it. actually it's a really cool idea and seems implemented well. but as you've seen with the DAO if the people who use it mess up it can have serious consequences
replay
2016-07-22 22:58
yeah, that's true. bitcoin is basically controlled by a small number of huge miners now, and many of them are sitting beside chinese coal plants where energy is cheap
replay
2016-07-22 22:59
also, this whole thing with the block size limitation that they discuss about since almost a year now is kind of worrying. if they don't come to a conclusion it's possible that soon the network is just too congested to allow for more transactions
brab
2016-07-23 15:10
has joined #newmembers
brab
2016-07-23 15:46
great discussion, imo too much inefficiencies in the market in the 480- 550 zone and it needs to be retested. The block transaction bs will just be some good fud to tank the price down
brab
2016-07-23 15:47
chinese mining dominance will be ending soonish which will change the dynamics, andreas talked about this in depth with the new chips that are going to be released
clr
2016-07-23 15:51
has joined #newmembers
ilfornetto
2016-07-24 23:26
has joined #newmembers
jase
2016-07-25 07:23
has joined #newmembers
jase
2016-07-25 08:13
Hey everyone, when are people typically online? Any particular time of day? My guess is most members are in Europe and Asia?
simon
2016-07-25 13:51
@jase Most are in Europe and the Americas. Most of the talks seem to happen in the late afternoon / early evening (Europe).
peter
2016-07-26 15:56
has joined #newmembers
alextrades
2016-07-26 16:48
any trading youtube channel @simon it be good
simon
2016-07-26 18:29
Anyone here has any experience with Ethereum? Coinbase just added support for it and that got me curious.
brab
2016-07-27 14:28
@simon do a lot of trading with ETH, there is drama now since they hard forked the coin ETH and ETC.... ETC keeps the original chain and is attempting to do a "no bailout" stance
brab
2016-07-27 14:28
you can view stats on the comparison between ETH and ETC here: http://slacknation.github.io/medium/13/13.html
replay
2016-07-27 16:07
yep, trading ETH as well. the whole forking thing worked out pretty well for me, riding the fluctuations
jase
2016-07-27 16:18
Are any of these worth mining with a non-mining specific machine nowadays or has that time completely passed?
jase
2016-07-27 16:47
Thanks @brab
simon
2016-07-27 17:44
Thanks for the links! How's liquidity for the ETH?
simon
2016-07-27 17:48
Is there any crypto currency designed to be used as a long-term store of value? They all seem more trading instruments than store of values right now...
replay
2016-07-27 17:49
depends a lot on the exchange, i'm using Bitfinex which seems alright as long as you only trade "reasonable" amounts. it would be foolish to trust these exchanges too much, so you shouldn't put huge amounts there anyway
replay
2016-07-27 17:49
i think lately many people say BTC is the new gold
replay
2016-07-27 17:49
but as you said above, it's kind of under chinese control
simon
2016-07-27 17:58
It will be interesting to see where this is all going. Which crypto currency will survive the next few years. Mostly, if banks will eventually support it. Right now it also is somewhat of a pain in the ass to get into the game. Most services seemed to target people in the US, Canada, Europe and China. I bank offshore so I can't easily buy bitcoin.
replay
2016-07-27 18:03
I guess they're intentionally excluding off shore accounts because BTC is too commonly used for online crime. I still have a swiss bank account from which i can deposit money on coinbase
replay
2016-07-27 18:04
actually afaik coinbase also allows you to deposit by using credit cards, shouldn't that work with any account?
replay
2016-07-27 18:06
altough there you have conversion fees, and then i don't know how to change it back if they don't accept your bank account.. doesn't help if you can't get the money back out
simon
2016-07-27 18:15
I tried using a Visa card a few months ago to buy bitcoin and it didn't work. They probably noticed that my card isn't US or EU issued and blocked the transaction.
simon
2016-07-27 18:15
I also tried using my Amex card but haven't found anywhere that accepts it.
simon
2016-07-27 18:16
I'll wait until it becomes easier to buy I guess.
simon
2016-07-27 18:20
Right now it's still not widely accepted so the benefits aren't worth the trouble unless you want to trade it.
arcaballero
2016-07-28 04:18
has joined #newmembers
brab
2016-07-28 04:30
If you perform KYC with bitfinex I assume they would accept a wire from most banks including offshore. They are the number 1 exchange for USD and I have been with them for a while, solid imo..... link with my affiliate if needed:
https://www.bitfinex.com/?refcode=lZYvOSpjTp
promitheus
2016-07-28 14:50
has joined #newmembers
yura-by
2016-08-02 02:34
has joined #newmembers
simon
2016-08-03 16:00
I hope you are unaffected. This is worrying...
agalt
2016-08-03 16:19
Are people surprised?
alextrades
2016-08-03 16:45
i got hacked few yrs agod and lost 90k of bitcoins I think too many people have been burned with it
agalt
2016-08-03 16:53
Years ago a friend asked me to build bitcoin mining rigs. I was happy to exchange currency formy build services, but never ventured into investment with this digital currency.
brab
2016-08-04 17:36
Yes, absolutely brutal. It happened at the exact time I was out of town with family for 2 days. To top it all off I had 470 marked off as a big buy zone for me so its a huge hit for me and also a lot of clients
brab
2016-08-04 17:36
Yes, people are suprised because this hack came from multi signature wallets
brab
2016-08-04 17:36
which are considered much better security
alistair
2016-08-13 18:13
has joined #newmembers
austinweb
2016-08-23 21:34
has joined #newmembers
jessems
2016-09-01 18:58
has joined #newmembers
jessems
2016-09-01 18:59
hey guys! I?m new, hello to you all :slightly_smiling_face:
maxsuur
2016-09-01 19:06
Welcome jessems
alistair
2016-09-01 19:12
hey jessems
jase
2016-09-02 09:18
Hey @jessems !
agalt
2016-09-02 16:07
Welcome
simon
2016-09-03 01:40
Hi jessems!
rupyb
2016-09-04 14:51
has joined #newmembers
stevaebasta
2016-09-11 19:39
has joined #newmembers
stevaebasta
2016-09-11 19:43
hi guys nice to be here :slightly_smiling_face:
maxsuur
2016-09-11 23:42
Welcome man
jase
2016-09-12 07:14
Hola!
agalt
2016-09-12 16:05
Welcome :)
mescos
2016-09-12 23:08
has joined #newmembers
jedijames
2016-09-14 20:18
has joined #newmembers
jedijames
2016-09-14 21:18
hello
simon
2016-09-15 03:26
Welcome!
jase
2016-09-16 18:58
Hey James
endeavour80
2016-09-18 15:16
has joined #newmembers
endeavour80
2016-09-18 15:17
Hi guys! Greetings from Finland! Nice to join the group!
jedijames
2016-09-18 21:58
@endeavour80 Welcome!
maxsuur
2016-09-18 22:04
Welcome
agalt
2016-09-19 10:10
Welcome :)
mario_g
2016-09-26 01:19
has joined #newmembers
mario_g
2016-09-26 01:39
Hi everyone, nice being here!
kl5340dc
2016-09-27 11:21
has joined #newmembers
kl5340dc
2016-09-27 11:34
HI - new here!
agalt
2016-09-27 12:32
Welcome!
rjmarsden
2016-09-27 15:32
has joined #newmembers
stoplight
2016-09-29 06:51
has joined #newmembers
stoplight
2016-09-29 06:52
hello everyone... :slightly_smiling_face:
etienne
2016-09-30 17:19
Hey hey! welcome abord :slightly_smiling_face:
ibello
2016-10-01 16:55
has joined #newmembers
etienne
2016-10-04 17:26
welcome bro!! :slightly_smiling_face:
jase
2016-10-04 17:51
Hola!
agalt
2016-10-04 18:37
welcome
rik
2016-10-07 18:58
has joined #newmembers
kiessler
2016-10-09 04:04
has joined #newmembers
stoplight
2016-10-09 05:39
welcome! :slightly_smiling_face:
vc813692
2016-10-13 02:29
has joined #newmembers
rjmarsden
2016-10-13 07:56
hello all, I joined a couple of weeks ago and broke my wrist straight after so couldn't really type, but I'm on the mend now. Nice to meet you all.
jase
2016-10-13 07:57
Welcome @rjmarsden
maxsuur
2016-10-13 07:57
Welcome @rjmarsden
maxsuur
2016-10-13 07:57
And happy healing
kl5340dc
2016-10-13 08:17
hey!
kl5340dc
2016-10-13 08:17
sports injury?
rjmarsden
2016-10-13 08:30
kind of a sports injury, I got knocked off my bike whilst cycling to work :bicyclist:
kl5340dc
2016-10-13 08:31
hah
jase
2016-10-13 08:40
That used to be my everyday concern
rjmarsden
2016-10-13 08:44
I will take a safer route in future I think, the car situation has got out of hand worldwide (especially here in the UK) so I don't want to fuel it further (minor pun intended :))
jase
2016-10-13 08:57
:slightly_smiling_face:
kl5340dc
2016-10-13 09:00
got knocked off my bike too tow months ago, luckilynothing :slightly_smiling_face:
agalt
2016-10-13 11:47
Welcome
heyhaneef
2016-10-13 12:16
has joined #newmembers
stoplight
2016-10-14 01:35
welcome @rjmarsden and wishing you well
bastianernst
2016-10-15 23:30
has joined #newmembers
gammahammer
2016-10-17 20:46
has joined #newmembers
titusblair
2016-10-18 03:27
has joined #newmembers
florian79
2016-10-22 07:03
has joined #newmembers
markosjk
2016-10-24 17:54
has joined #newmembers
markosjk
2016-10-24 18:34
Hey everyone, my name is Markos and I'm new around here. Looking forward to some good conversation.
agalt
2016-10-24 18:53
welcome
etienne
2016-10-24 18:53
welcome abord bro!!
simon
2016-10-24 19:05
@markosjk Hi! Welcome aboard :slightly_smiling_face:
stoplight
2016-10-24 19:30
welcome!
maxsuur
2016-10-24 20:43
Welcome br
maxsuur
2016-10-24 20:43
Bro
jase
2016-10-25 07:19
Hi @markosjk !
p32kz
2016-10-28 15:51
has joined #newmembers
p32kz
2016-10-28 15:57
Hi All, i 've just joined the club
stoplight
2016-10-28 15:57
Welcome! :slightly_smiling_face:
jase
2016-10-28 16:12
Bon dia @p32kz!
josh
2016-10-29 04:35
I just realized there are 28 different channels but we only use like 3!
josh
2016-10-29 04:35
Click on ?Channels? and you can add yourself to them.
maxsuur
2016-10-29 08:30
Random and general are the winning ones
josh
2016-10-29 08:35
I think it's because those are the only ones everyone is in (by default) when joining. I wondered why the screenshot on the website didn't look like the actual group! :nerd_face:
yura-by
2016-10-29 10:09
Yes, I also did not realize from the begging that there are more channels. @simon Maybe it is possible to make new users to auto-join all channels and let them leave manually if they are not interested in some of them?
agalt
2016-10-29 10:14
Welcome
kl5340dc
2016-10-29 10:49
I think there's too many
kl5340dc
2016-10-29 10:49
just keep it simple with less channels so they're all more active, rather than spreading it apart
kl5340dc
2016-10-29 10:50
this community could be more activity, less channels would help with that as there's less places to go - just put the convo in one place
kl5340dc
2016-10-29 10:50
splitting it apart makes sense once there's more activity going on
kl5340dc
2016-10-29 10:51
my 2cents - I managed a community for 7years (paid one as well)
jase
2016-10-29 14:34
agreed
jase
2016-10-29 14:34
not enough users to split it up
simon
2016-10-29 19:25
@yura-by Done. I've added all the channels by default.
simon
2016-10-29 19:25
@kl5340dc @jase Which channels would you keep?
jase
2016-10-29 20:00
Makes sense to still have banking, investing, trading, residency
jase
2016-10-29 20:00
A lot have 2 categories... Eg. Banking and offshore banking.
simon
2016-10-29 20:53
@jase I've archived nearly half the channels. There is no duplication anymore and the list isn't as confusing.
kl5340dc
2016-10-30 09:44
great
kl5340dc
2016-10-30 09:44
I'd further cut it down
kl5340dc
2016-10-30 09:45
there are channels with no activity ever, clearly they're not working, just get rid of it
kl5340dc
2016-10-30 09:46
and auto-join members to all channels so you can't miss anything
josh
2016-10-31 08:15
I think there was no activity ever because nobody was in them though :)
stoplight
2016-10-31 09:26
:+1:
paul999
2016-10-31 11:12
has joined #newmembers
kl5340dc
2016-10-31 11:22
yeah that is my point, it's not working of having so many that are just being ignored/not seen/whatever
artem
2016-10-31 12:21
has joined #newmembers
vbraut
2016-11-02 22:51
has joined #newmembers
vincent
2016-11-03 15:17
has joined #newmembers
reese
2016-11-03 18:53
has joined #newmembers
anna
2016-11-06 21:00
has joined #newmembers
clr
2016-11-07 18:39
Hi all! I?ve been lurking around and reading the conversations for a while but didn?t introduce myself. Nice meeting you guys.
jase
2016-11-07 19:15
Hey Carlos
agalt
2016-11-07 19:20
he there. where are you based out of?
agalt
2016-11-07 19:20
*hi there*
etienne
2016-11-07 19:29
Hi bro!
clr
2016-11-07 21:08
Hi! I am currently in Barcelona.
clr
2016-11-07 21:09
For now I am not a nomad, but I?m looking into it.
etienne
2016-11-07 21:12
That?s a start :slightly_smiling_face:
etienne
2016-11-07 21:13
what you think you become :wink:
maxsuur
2016-11-07 21:27
Hi @clr welcome to da club
stoplight
2016-11-08 09:03
hello there @clr Carlos and welcome future nomad! :smile:
agalt
2016-11-08 15:18
welcome clr :slightly_smiling_face:
darwin
2016-11-08 22:53
has joined #newmembers
lenard
2016-11-09 02:21
Hi guys, I'm reading for a while but not really active. My name is Lenard and so much fun to connect to so many like minded people.
jase
2016-11-09 06:26
Hey @lenard
maxsuur
2016-11-09 09:52
Hi @lenard
stoplight
2016-11-09 11:01
Welcome @lenard :slightly_smiling_face:
simon
2016-11-09 11:14
Hi @darwin and @lenard ! Welcome onboard!
etienne
2016-11-09 13:46
Hey guys!!
harvie
2016-11-10 03:14
has joined #newmembers
yamahoto
2016-11-13 00:23
has joined #newmembers
yamahoto
2016-11-13 00:30
Hey guys
stoplight
2016-11-13 01:20
welcome @yamahoto :slightly_smiling_face:
agalt
2016-11-13 05:52
Welcome :smiley:
agalt
2016-11-14 13:49
no please no.... simon's courses provide value....
agalt
2016-11-14 13:49
providing value is something freedom surfer does unlike many offshore sites
simon
2016-11-14 13:50
@yamahoto No the course isn't related to Nomad Capitalist. The guy who runs NC is a bit controversial in the offshore world, has been known to rip off a lot of his clients. Buyer's beware.
stoplight
2016-11-14 18:00
Oh nomad capitalist?Andrew the SOB?raising my hand here?got ripped off?and bumped off from their forums for saying apparently anti-andrew sentiments?hahaha...
jase
2016-11-14 18:19
I very nearly set up a call with him back in the day. Thankfully my sixth-sense (cynicism) saved me :slightly_smiling_face:
jase
2016-11-14 18:19
So much snake oil in the industry
maxsuur
2016-11-14 18:26
I think Andrew is a bit resented with the world, seems to be an upper class american who got bullied a lot during high school, then became a bit rebellious, studied internet marketing and made his international persona
maxsuur
2016-11-14 18:27
There is one guy who seems legit who is associated with him, and I personally like: Pete Sisco, a huge proponent of personal freedom, wrote a book and so on
agalt
2016-11-14 19:29
I paid andrew 5,000 fir a nevis company setup that took 4 months and never got my account setup and was asked for another 450 dollars for the correct documents to open a bank account with that company
simon
2016-11-14 19:31
To put that into perspective, most providers charge 500-1000$ total for a Nevis LLC.
maxsuur
2016-11-14 19:32
That is what I call "hyperinflation"
jase
2016-11-14 19:35
:slightly_smiling_face:
agalt
2016-11-14 19:35
Now i made the wrong decision to rent an apartment from him tgat was fully furnished, and i had tonargue withba lawyer of his for 2 days to get the terms of the contract changed to reflect only 2 months of rent. "Fully furnished" was missing a refrigerator, towels, sheets, kitchen supplise and the Internet never was installed yet even though it was part of the package
agalt
2016-11-14 19:36
*this time it is my fault because i sgould know better*
agalt
2016-11-14 19:36
*should know better
jase
2016-11-14 19:39
If you have your asset flags in another country, you can just trash the joint and leave without recourse
jase
2016-11-14 19:39
*kidding
agalt
2016-11-14 19:46
Im not the type to do that. Karma repays everyone in my experience.
jase
2016-11-14 19:47
It was a 5 flag joke, nevermind
jase
2016-11-14 19:47
Agreed though
maxsuur
2016-11-14 20:13
Glad you are in the FreedomSurfer insiders club now. Btw @simon I have yet to see you on a surf board, that'd be the ice of the cake. To be honest, that is the first thing I thought first time last year when I discovered the site.
alistair
2016-11-15 16:12
Okay so avoid Nomad Capitalist... so other than FreedomSurfer who is worth following/listening to in this space?
alexanderhay
2016-11-15 16:13
has joined #newmembers
jase
2016-11-15 16:36
Streber, if he starts his blog again
simon
2016-11-15 16:38
Yeah streber is great. The big four also publish intelligence reports on a regular basis. Very high quality stuff.
jase
2016-11-15 16:57
It's funny, I find it really interesting learning/working in this space
jase
2016-11-15 16:57
But after working in the SEO industry, I'm already weary of working with people selling snake oil - I couldn't imagine what it's like being an internationalization consultant!
agalt
2016-11-15 16:58
with the type of thing, it seems that you need to provide more value than you charge because there are so many snake oil types in this industry
jase
2016-11-15 17:00
What I've realised is that you'd be selling "facilitation", yet everything you're facilitating is out of your control
jase
2016-11-15 17:00
Bank "introductions" - doesn't matter how well you know that bank director... If someone pays you $x, they want an account and that's not in your control
simon
2016-11-15 17:10
@jase Bank introductions are a scam. The people selling them simply rely on their clients lack of knowledge about the banking industry.
agalt
2016-11-15 17:10
:smile: lol
jase
2016-11-15 17:10
Agreed
jase
2016-11-15 17:11
That said, I'm making my residency guys do the leg work for me :slightly_smiling_face:
jase
2016-11-15 17:11
Honestly in most cases it's more about needing a lawyer if required or a local language speaker than speaks your language fluently
jase
2016-11-15 17:11
Or the Big 4 for tax optimization, but most of the small guys can't afford that
agalt
2016-11-15 17:17
Welcome @alexanderhay :smile:
alexanderhay
2016-11-15 17:37
hello
alexanderhay
2016-11-15 17:44
Ok. Now I see why you like this so much!
maxsuur
2016-11-15 18:57
What do you mean by the "big four"?
stoplight
2016-11-15 23:39
welcome @alexanderhay
maxsuur
2016-11-16 00:47
Those names sound rather familiar, tremendous power they hold
kl5340dc
2016-11-16 02:08
nomadcapitalist always came off weird to me, esp when I listened to his podcast, just weird vibes. Interesting hearing he scammed at least a guy here.
kl5340dc
2016-11-16 02:09
flagtheory;com offered me bank introduction in singapore for $500 during a call after buyhing their book. The book was great but didn't see the point in getting introduced. I can introduc emyself
jase
2016-11-16 07:24
Yeah I think Edmund/flagtheory.com has his beliefs in the right place but maybe is involved in too many projects to have accurate/up to date information
kl5340dc
2016-11-16 13:39
I didn't talk to him directly but smeone on hos team
kl5340dc
2016-11-16 13:40
fyi
agalt
2016-11-16 13:58
Thats the hard thing about this field. Paying to talk on the phone with someone can save you thousands a year in taxes if it is someone who is an attorney who knows what they are talking about, but people like nomad capitalist ruin the industry because tgey make the call a sales call instead of quickly finding out a way to help, implementing it and sending you forms to fill out for corporations, trusts, bank accounts and foundations. My grandpa always said, "if you cant make someone more eager to buy than you are to sell, you have no business wasting your clients time." granted he's a crazy old wealthy man who moved every few years into a new gated community because the local culture didnt suit him ever.
theremotetrip
2016-11-17 10:51
has joined #newmembers
theremotetrip
2016-11-17 11:02
Hi all, we're new to this Freedom Surfer's slack account so wanted to give you an introduction! My name is Amy and I'm the founder of The Remote Trip together with my good friend Michelle (who will likely also post messages in this group from time to time). Let us briefly share our story: we recently quit our high-paying corporate jobs at Unilever and Deloitte to work on our own remote startup "The Remote Trip". We bring together a community of 30 remote workers to live, work, and travel the world together for 3 to 6 months while living in a different country each month. From February 2017 onwards, we?ll go to Thailand, Taiwan, Indonesia, Panama, Curacao, and Colombia and we'll take care of accommodation, workspaces with high-speed internet, flight tickets, social activities, and also focus on personal and professional development by including gym passes, workshops, keynote speakers, or even massages to the program. We're here to bounce off ideas with other like-minded people! Looking forward to connect :slightly_smiling_face:
alistair
2016-11-17 13:31
@maxsuur I'm glad you asked what The Big Four was because I was going to start looking for tips from Federer, Nadal, Djokovic and Murray :slightly_smiling_face:
rjmarsden
2016-11-17 13:42
hi @theremotetrip, welcome :slightly_smiling_face: I'm sure you'll find lots of good info and advice amongst the group, I know I have
etienne
2016-11-17 14:12
Welcome aboard :blush:
jase
2016-11-17 17:10
Epic @theremotetrip ! Glad to have you on board
maxsuur
2016-11-17 17:46
@alistair: absolutely :) I have often accessed to the streber site through a vpn or tor, even if If Everything is alright, just feel like cheating. The info is that good, although never conclusive. It always leaves yo with more questions than answers.
maxsuur
2016-11-17 18:05
@theremotetrip: cool stuff, glad to have you onboard as well
jase
2016-11-17 18:15
Why the VPN/Tor @maxsuur ?
jase
2016-11-17 18:15
..on that specific site I mean
jase
2016-11-17 18:15
Or in general?
maxsuur
2016-11-17 18:42
Not sure, just felt like an unfair advantage. Paranoic stuff :p
jase
2016-11-17 18:54
Hahah, fair enough.
jase
2016-11-17 18:54
My online history is already everywhere
maxsuur
2016-11-17 19:12
Yeah, mine too. Too prolific :p but DuckDuckGo is becoming my new best friend
maxsuur
2016-11-17 19:16
Btw, regards everyone from sunny gran canaria
jase
2016-11-17 19:17
esta calientito?
jase
2016-11-17 19:26
How did this turn into #random by the way?
maxsuur
2016-11-17 19:35
Hahaha, you learned the mexican variety of Spanish. Good. Shorts and flip flops type of temperature
maxsuur
2016-11-17 19:36
I think due to our transgressive nature @jase
jase
2016-11-17 19:37
hahahah
jase
2016-11-17 19:37
kekeke
jase
2016-11-17 19:37
I'll take anything I can get
maxsuur
2016-11-17 19:40
Good attitude ;)
maxsuur
2016-11-17 19:41
Getting everything you can out of all you've got
maxsuur
2016-11-17 19:42
How is Andorra btw?
maxsuur
2016-11-17 19:42
Most of the spaniards I know would not put your country of residence on the map though
jase
2016-11-17 19:42
Can't complain - I'm taking it easy this week
jase
2016-11-17 19:43
Today, meeting on a project 2.5 years in the making, 2017 shows promise
jase
2016-11-17 19:43
Caught up with a friend to work on his road bike (I have tools)
maxsuur
2016-11-17 19:43
That is a lot of time
jase
2016-11-17 19:43
Finalising some paperwork, about to call it a day!
maxsuur
2016-11-17 19:43
So building up a monstruous bike to hit the road
maxsuur
2016-11-17 19:44
Nice, good way of transportation to enter obscene amount of cash in the country
maxsuur
2016-11-17 19:44
Haha
jase
2016-11-17 19:44
Haha
jase
2016-11-17 19:44
Same friend was telling me how he drove through the Andorran border a few weeks back and forgot his sunglasses at family's place in La Seu d'Urgell
jase
2016-11-17 19:45
turned around to comeback through 2 mins later - they stopped him assuming he was a cash mule
maxsuur
2016-11-17 19:45
And that honorable man just wanted to recover his beloved sun glasses!
maxsuur
2016-11-17 19:46
Border authority guards are becoming nuts. How dare they :p
maxsuur
2016-11-17 19:47
Gotta run now
jase
2016-11-17 19:47
Andorra has to protect themselves - they need to be legit
jase
2016-11-17 19:47
Cool man, enjoy the sun
scorps
2016-11-19 15:24
has joined #newmembers
gary
2016-11-19 19:47
has joined #newmembers
tal
2016-11-23 16:07
has joined #newmembers
torsten
2016-12-01 16:30
has joined #newmembers
maxsuur
2016-12-01 18:04
Wilkommen torsten
agalt
2016-12-01 18:05
hello all!
jase
2016-12-01 19:56
Hey @torsten
etienne
2016-12-02 05:32
Hey bro!!
stoplight
2016-12-02 10:31
Welcome all!
soebusiness
2016-12-08 10:43
has joined #newmembers
trevorjames
2016-12-13 17:33
has joined #newmembers
etienne
2016-12-14 02:19
Welcome bro! :blush:
trevorjames
2016-12-14 07:14
Thanks!
trevorjames
2016-12-14 07:14
I'm excited to be part of this community
maxsuur
2016-12-14 08:50
Welcome @trevorjames what's your story?
trevorjames
2016-12-14 09:14
Hi Max :slightly_smiling_face: I'm a Canadian/American dual citizen youtuber living in China, getting earnings deposited into an American bank account. I'm looking to get them deposited into a HK bank account and not sure if I should do it through a personal or business account, whether I should open a corporation, and whether I can get adsense to deposit into a HK bank or connect paypal to a HK bank account. I've paid taxes in Canada but not America as I have never lived there and hoping not to get on that radar. I'm planning on switching my finances to Hong Kong and not sure what the best way to go about it should be, and whether opening a company is what I should do since I'm also planning on selling merchandise. :slightly_smiling_face:
maxsuur
2016-12-14 09:39
Very interesting story. Simon will give you a more thorough answer. But first of all, the dual citizenship is a double edge sword. On one side as you are an american, the IRS would tax you on your worlwide income until you are considered a non-resident for tax purposes (living outside of the US for about 300 days a year, may be an option)
maxsuur
2016-12-14 09:40
And then.. questions to be answered: are you planning to move somewhere outside Canada? Do you know the territorial-based taxation model?
maxsuur
2016-12-14 09:41
But, soon you'll have a clearer picture and will be able to start this journey with confidence. Great minds on this channel though :)
harvie
2016-12-14 09:51
welcome to the site, I enjoy your videos :wink:
trevorjames
2016-12-14 09:56
haha wow thanks a lot Harvie :slightly_smiling_face: I'm living in China full time and will be here long term. Great to be a part of this community
jase
2016-12-14 11:09
Welcome @trevorjames! @maxsuur has hit the nail on its head re: residency.
What is your motivation? Safer banking? Lower tax? Diversification?
Does YouTube pay out to HK bank accounts? That is the first thing I'd check. Do they then pay out in HKD? I personally like the currency but you may feel differently.
I believe there is a foreign income exclusion for US citizens living overseas up to a certain amount that could work for you if you want to reduce tax. Also I have heard Puerto Rico can be a good option for residency though I am not sure what it is actually like there.
Prepare for a tricky journey that is absolutely worth it!
maxsuur
2016-12-14 11:11
John Lee Dumas (EntrepreneurOnFire) moved his ass to Puerto Rico for that matter. Making more than a quarter of a million a month it makes all of the financial sense in the world.
maxsuur
2016-12-14 11:12
yes, I heard of the "Foreign Earned Income Exclusion" up to 100k a year I believe
trevorjames
2016-12-14 11:29
Thanks Jase and Max. Yes, I believe I can get Adsense to pay to a HK bank in HKD. My motication is convenience and lower tax.
trevorjames
2016-12-14 11:30
I haven't ever paid US taxes in my life as I grew up in Canada and acquired a US passport when I was 16 because my Dad is American
maxsuur
2016-12-14 11:37
The thing Trevor is that they could easily come after you because for them you are an american citizen, and here's the tax bill. That's why it is very important that you understand what's all of this about and take consequent steps to free yourself from that, given that you are living internationally and your money is made on the internet.
jase
2016-12-14 11:41
+1 incorporating and banking overseas is barely the most important part. Residency is key and as a US citizen you need to look into FEIE
trevorjames
2016-12-14 11:54
What if I give up my US passport
maxsuur
2016-12-14 11:55
not much I guess
trevorjames
2016-12-14 11:55
Not much?
maxsuur
2016-12-14 11:55
as a Canadian, you enjoy visa-free access to the States as far as I know
maxsuur
2016-12-14 11:56
so, you could still travel to the country (USA)
trevorjames
2016-12-14 11:56
So could I just go forward and pretend I'm not american and then if they ever get on my case just give up the passport?
maxsuur
2016-12-14 11:56
and not pay taxes to the IRS
josh
2016-12-14 11:56
Just seeing this convo, Trevor I would be really careful and get some solid legal advice before doing anything
trevorjames
2016-12-14 11:57
OK
maxsuur
2016-12-14 11:57
absolutely, it's a bit more complicated than that
josh
2016-12-14 11:57
They will not take "I didn't know" kindly, and if you wait until they were to ever get on your case you may give up far more than just the passport
josh
2016-12-14 11:58
And if you go to renounce now, they may say "back taxes, please"
trevorjames
2016-12-14 11:58
What is the tax percentage in america?
josh
2016-12-14 11:58
Arm leg and firstborn
maxsuur
2016-12-14 11:59
the thing Trevor is "How long have you lived in the US if so" ?
trevorjames
2016-12-14 11:59
I kind of thought since I've never paid taxes and have only been using this USD account for like 3 months, I wouldn't have to if I got out of that account quickly
trevorjames
2016-12-14 11:59
I've never lived in the US
maxsuur
2016-12-14 11:59
Are you eligible for the foreign earned income exclusion?
maxsuur
2016-12-14 12:00
have you set foot there in the past year for more than 30 days to be considered US resident?
trevorjames
2016-12-14 12:00
no
maxsuur
2016-12-14 12:00
these are the kind of questions you must answer
maxsuur
2016-12-14 12:00
and before last year
trevorjames
2016-12-14 12:00
I've never spent more than 2 weeks in america in my life
maxsuur
2016-12-14 12:00
great
josh
2016-12-14 12:00
That will get you like $97k tax free but it still has to be filed. :confused:
maxsuur
2016-12-14 12:00
so, that's a plus for you. it'll ease up the process
trevorjames
2016-12-14 12:01
I've never filed anything though cause I've always filed with Canada
josh
2016-12-14 12:02
I would suggest going to a "tax help" place and getting legal advice. They can talk to the IRS on your behalf and it may be you are essentially a "non person" to them, in which case, pay them to get the IRS to sign off on you owing nothing, then consider renouncing, or, keep it but make sure to file in the US after
trevorjames
2016-12-14 12:03
file in both US and Canada?
josh
2016-12-14 12:03
Yeah
maxsuur
2016-12-14 12:04
Look, as long as you remain a resident of Canada you should file taxes there
trevorjames
2016-12-14 12:04
But I'm not planning on remaining a resident of Canada
trevorjames
2016-12-14 12:04
I've been in China 3 years now
maxsuur
2016-12-14 12:04
once you are no longer considered a tax resident in Canada, you don't have to, but you have to file taxes in the US, everytime
maxsuur
2016-12-14 12:05
even if you are not US resident
maxsuur
2016-12-14 12:05
Eritrea and the USA are the only two countries in the world operating this way
maxsuur
2016-12-14 12:05
milking its cows
josh
2016-12-14 12:05
:unamused:
trevorjames
2016-12-14 12:05
hmmmm
trevorjames
2016-12-14 12:05
But as far as I know I'm off the radar now
trevorjames
2016-12-14 12:06
If I never earn any income in the US, what would get me on their radar?
maxsuur
2016-12-14 12:06
They may randomly land on your case, who knows
maxsuur
2016-12-14 12:06
you are becoming a popular youtube star
josh
2016-12-14 12:07
They may pass some BS "YouTuber" law yes
trevorjames
2016-12-14 12:07
Better give up that US passport
maxsuur
2016-12-14 12:07
and the peace of mind you buy with having everything set up is Priceless
trevorjames
2016-12-14 12:08
Set up as in what? HK bank account and corporation? Or filing taes?
maxsuur
2016-12-14 12:08
it'd be a problem if you were only an american citizen, because you'd need to get another passport
trevorjames
2016-12-14 12:08
*Filing taxes in America
maxsuur
2016-12-14 12:08
but your case is pretty much ideal
maxsuur
2016-12-14 12:08
*getting your tax situation in order with Uncle Sam
trevorjames
2016-12-14 12:08
hmmm
josh
2016-12-14 12:09
If you incorporate and then say pay yourself the foreign earned income exclusion personally, it'd just be annual paperwork and you'd be fine and "in compliance"
trevorjames
2016-12-14 12:09
but what if it's more than 100K?
josh
2016-12-14 12:09
Don't pay yourself that much personally
maxsuur
2016-12-14 12:09
and what josh just said, could be a great starting point to renouncing your passport just later
maxsuur
2016-12-14 12:09
if that's what you want to do
josh
2016-12-14 12:09
Everything you do can be included under the umbrella of your company
trevorjames
2016-12-14 12:09
So I don't pay myself that much but the corporation could earn more if that ever happens
josh
2016-12-14 12:10
$100k covers say food and personal expenses
trevorjames
2016-12-14 12:10
is that right?
maxsuur
2016-12-14 12:10
the earning potential is limitless, so you just bank it there in hong kong and reinvest profits
maxsuur
2016-12-14 12:10
and so on
josh
2016-12-14 12:10
All the rest you deal with corporately yes
trevorjames
2016-12-14 12:10
So I could pay myself 100k and then it's tax free and any other money would just be in the corporation?
maxsuur
2016-12-14 12:11
yes
trevorjames
2016-12-14 12:11
Would I open the corporation in my Canadian passport?
trevorjames
2016-12-14 12:11
In HK?
maxsuur
2016-12-14 12:11
do you have tax residency in China or Canada?
trevorjames
2016-12-14 12:12
That's another thing... I don't really know
trevorjames
2016-12-14 12:12
I cancelled my Canadian health care
josh
2016-12-14 12:12
Yeah don't tie your us passport to anything! You are fortunate with the maple leaf use that :smile:
maxsuur
2016-12-14 12:12
maple leaf :))
trevorjames
2016-12-14 12:12
I don't have much in Canada apart from a Bank account
maxsuur
2016-12-14 12:12
great
josh
2016-12-14 12:13
So you are really in a great situation just make sure to take care of the Uncle Sam issue so there is no concern
trevorjames
2016-12-14 12:13
Wow thanks for the insight guys
maxsuur
2016-12-14 12:13
consider the territorial taxation country /low cost thing
trevorjames
2016-12-14 12:13
So I should go to HK and open a corporation and business bank account?
trevorjames
2016-12-14 12:14
and hire myself through that corporation?
josh
2016-12-14 12:14
That, there are many answers to. Check out Simon's tax course he has info on tons of places to incorporate and ways to do it
trevorjames
2016-12-14 12:15
Cool!
trevorjames
2016-12-14 12:15
Perhaps its best for me in HK since I live in China
maxsuur
2016-12-14 12:15
the Uk, Estonia, even the US...
trevorjames
2016-12-14 12:15
really?
maxsuur
2016-12-14 12:15
in some cases, yes
maxsuur
2016-12-14 12:16
but it all depends on your personal case
trevorjames
2016-12-14 12:16
hmmm
trevorjames
2016-12-14 12:16
If I opened a corporation in the US, then if I hire a Chinese person, it might help them get visas to other countries?
trevorjames
2016-12-14 12:16
Im quite clueless in all of this and appreciate chatting with you guys
maxsuur
2016-12-14 12:17
I can imagine
maxsuur
2016-12-14 12:17
when I discovered this whole world, it blew my mind, I read stuff for over 2 months like a nutty
josh
2016-12-14 12:18
It might get tricky opening in the US because the US and Canada probably share a database. Also, your "foreign income" then wouldn't be
maxsuur
2016-12-14 12:19
that'd be more feasible if you renounce your US passport
trevorjames
2016-12-14 12:20
hmmm
josh
2016-12-14 12:20
yeah. But if he doesn't mind the annual paperwork, and wants to keep it in hopes that one day the ghost of Ron Paul will abolish the IRS that's another option
agalt
2016-12-14 12:21
save yourself some financial and emotional pain and just renounce
trevorjames
2016-12-14 12:21
really?
agalt
2016-12-14 12:22
culture takes generations to change. The ammount you will save in taxes and legal fees may make renouncing a better option
josh
2016-12-14 12:22
But just remember if you try and renounce and have never filed they will flag that and you may have to deal with an audit at that point. I'm not sure, but that'd be risky I think without getting cleared for any back taxes in advance of renunciation
josh
2016-12-14 12:22
But yeah what @agalt said
maxsuur
2016-12-14 12:23
I would clear up the tax situation with the US and then renounce. Anyway I am not american citizen, nor tax attorney.
trevorjames
2016-12-14 12:23
Well I honestly haven't earned much and any back taxes wouldn't be much of a big deal
josh
2016-12-14 12:24
Ah well in that case it may be a risk worth taking to just move forward
trevorjames
2016-12-14 12:25
OK
trevorjames
2016-12-14 12:25
I will have to think about that one haha
josh
2016-12-14 12:25
Simon I think is a fellow Canadian he may have some suggestions
agalt
2016-12-14 12:25
the evil vampire squid of he IRS isn't all seeing and all knowing. if you are a small fish in the sea then people wont be as keen to start looking at your files.
maxsuur
2016-12-14 12:26
yes, Simon is the best suited to giving you best answers here
maxsuur
2016-12-14 12:26
we are just warming you up :slightly_smiling_face:
josh
2016-12-14 12:26
Vampire :octopus: lol
trevorjames
2016-12-14 12:26
So if I renounce, then open a corporation in HK, I could get paid into a business account tied to that corporation? and then pay taxes through that?
agalt
2016-12-14 12:26
@alexanderhay is a us tax attorney. and simon is a brilliant guy.
trevorjames
2016-12-14 12:27
I would prefer to pay tax to someone cause I don't want to get in any trouble with anyone, it's kind of scary
trevorjames
2016-12-14 12:27
But if it's through hong kong it might be most advantageous?
maxsuur
2016-12-14 12:28
you need to get clear on the concepts before you do anythign
josh
2016-12-14 12:28
Having a corporation is really advantageous
trevorjames
2016-12-14 12:28
OK
josh
2016-12-14 12:29
But you also have to earn something personally somewhere, I don't know of any place they'll let your company pay for all your food and toiletries.
trevorjames
2016-12-14 12:29
OK so the earnings is what I pay taxes on?
agalt
2016-12-14 12:29
whats the status on the revolut corprate card? i suppose you could withdraw from that via a company account in cash
josh
2016-12-14 12:30
But your company can make millions and if done right, pay virtually nothing in tax (apple, google), and then you pay yourself what you need for blatant personal stuff and you are fine
maxsuur
2016-12-14 12:30
the famous double irish-dutch sandwich
josh
2016-12-14 12:31
A company can own a Lamborghini for marketing reasons, but unless you are Marky-Mark probably it shouldn't be paying for your Calvin's.
agalt
2016-12-14 12:31
who is marky-mark and what are calvins?
trevorjames
2016-12-14 12:32
I was going to ask the same thing
josh
2016-12-14 12:32
That's the basic idea. Although if you're not technically a resident in Canada and renounce in the US, then it might not matter
josh
2016-12-14 12:32
Oh god I just dated myself. Fine, unless you are Bieber
agalt
2016-12-14 12:32
wait... @trevorjames you are canadian also?
josh
2016-12-14 12:32
Bieber is the new Marky Mark haha
trevorjames
2016-12-14 12:33
Yes I'm Canadian, grew up in Canada, never spent more than 2 weeks in the US in my life, and have never paid taxes in the US
agalt
2016-12-14 12:33
you are an accidential american then
trevorjames
2016-12-14 12:33
is that a term?
agalt
2016-12-14 12:33
you were born in the states not by your free will and have the burden of a us passport
trevorjames
2016-12-14 12:34
I was born in Canada
agalt
2016-12-14 12:34
ok. cool
trevorjames
2016-12-14 12:34
So next step for me is to study the taxation course here?
maxsuur
2016-12-14 12:34
thoroughly
maxsuur
2016-12-14 12:35
and let Simon know your case
maxsuur
2016-12-14 12:35
that's the 80/20 of it
trevorjames
2016-12-14 12:35
OK
agalt
2016-12-14 12:35
yes! and take everything i say in caffiene feuled tax rages with a grain of salt
trevorjames
2016-12-14 12:35
haha
trevorjames
2016-12-14 12:36
Thanks guys
maxsuur
2016-12-14 12:37
you're welcome, anytime!
harvie
2016-12-14 12:37
Did someone say Marky Mark? :heart_eyes:
josh
2016-12-14 12:43
So I'm not the only one here born before 1990? :sweat_smile:
maxsuur
2016-12-14 12:44
1987 here
maxsuur
2016-12-14 12:45
I'd say the majoirity here is born before 1990
trevorjames
2016-12-14 12:45
haha
trevorjames
2016-12-14 12:46
:slightly_smiling_face:
trevorjames
2016-12-14 12:54
If I pay taxes in another country, are those deductible from the taxes I would file in America?
maxsuur
2016-12-14 13:23
I guess yes, but here comes the double taxation treaties the US has signed with other countries and so on
stoplight
2016-12-17 01:11
hi @trevorjames and welcome..guess folks here have pretty much said what you needed to do..do take Simon?s course as well..I personally learned a lot from it...but for all purposes..first thing you should do is to stop using your U.S. bank account..they will have money coming in and out..if and when you renounce your U.S. citizenship?that may send some relatively negative signals to the IRS...it was actually better when you didn?t do anything with the U.S?ultimately...better to consult with a tax advisor and a lawyer. You are also in one of the best anti-U.S. locations in the world..but do take note?China is also a control-freak with money coming in and out?Hong Kong is a good place to put your company and money in..but it is not as easy as before?and as a permanent resident of China?you may encounter the same problems as the mainlanders of money being controlled by the Chinese government?aside from Hong Kong, you should look into Taiwan?they will never want to do anything with China?and as a Canadian..they will welcome you with open arms..
max
2016-12-19 05:27
has joined #newmembers
djoneverett
2016-12-21 11:08
has joined #newmembers
petr.novak
2016-12-27 09:29
has joined #newmembers
maxsuur
2016-12-27 09:48
Welcome @petr.novak
jase
2016-12-27 10:01
Hola @petr.novak !
agalt
2016-12-27 10:11
@trevorjames You may want to speak with @alexanderhay he is a US lawyer who specializes in International diversification. Previously he has helped people with renounciations, and many other international activities.
remy
2016-12-27 10:31
has joined #newmembers
jase
2016-12-27 10:35
Lots more people joining - growth in Freedom Surfers!
etienne
2016-12-27 13:03
Welcome abord :slightly_smiling_face: @petr.novak
agalt
2016-12-27 13:04
welcome @petr.novak :smile:
petr.novak
2016-12-27 13:05
Thanks everbody :sunglasses:
alex
2016-12-27 23:54
has joined #newmembers
alex
2016-12-28 03:56
Hi everyone! I've been looking for reliable information on the "flag theory" topic for several months already. I am so glad I found this community! Thanks @simon for creating it!
I have dual Canadian / Belarusian citizenship and I am a tax resident of Canada. At the moment I am trying to solve the residency / incorporation puzzle. I am looking for a tax efficient, and safe place to relocate. Also I need to incorporate my online publishing business.
ahawkins
2016-12-28 10:36
has joined #newmembers
philippe
2016-12-28 14:28
has joined #newmembers
philippe
2016-12-28 14:40
Hi, French Digital Nomad here. I?m expatriating right now. We are doing service business for entrepreneurs and medium businesses: digital marketing and branding. Pleased to meet you all.
simon
2016-12-28 16:04
Welcome onboard! It's great to see so many people interested in location independence and tax optimization!
philippe
2016-12-28 16:08
Having had the location independance for 3 years, I want to be tax free now?
philippe
2016-12-28 16:08
I have a small income but start growing the business so let?s grow tax free :smile:
philippe
2016-12-28 16:09
I also want to avoid stuck assets in FR while next elections may bring more capital control and inflation
agalt
2016-12-28 16:14
Find a non-crs nation to get residency in and use their banks to maximize your freedom. http://commonreportingstandard.com/loadPage?page=/crsCountries Pick a country that is not on this list
philippe
2016-12-28 16:15
This is my plan, I?ve picked HK + Chile so far
philippe
2016-12-28 16:15
starting in 1,5 month with HK
jase
2016-12-28 18:21
Welcome all!
agalt
2016-12-28 18:24
Sounds great @philippe what is your favorite country to live in so far?
philippe
2016-12-28 18:25
ha!
philippe
2016-12-28 18:25
hate that question haha
agalt
2016-12-28 18:25
don't we all :slightly_smiling_face:
agalt
2016-12-28 18:25
pick 3 countries?
philippe
2016-12-28 18:26
Canggu, Alps (france/slovenia/switzerland/italy), Tokyo maybe :stuck_out_tongue:
philippe
2016-12-28 18:26
have to think more
philippe
2016-12-28 18:27
I love thailand too
philippe
2016-12-28 18:27
bali is changing fast?
philippe
2016-12-28 18:27
italy can be a mess
philippe
2016-12-28 18:27
Belgrade has great caf�s
philippe
2016-12-28 18:27
I?m a nomad so I don?t have to pick :stuck_out_tongue:
agalt
2016-12-28 18:28
:slightly_smiling_face: belgrade is on the list to explore more. It is one of those places where I am there for a few hours on a train layover from bulgaria or slovenia on the way somewhere else
agalt
2016-12-28 18:28
Very interested in the new project in Belgrade on the water front
philippe
2016-12-28 18:29
I missed that :smile:
agalt
2016-12-28 18:30
ill upload a photo of a billboard near the train station there. it is a higher end project on the riverfront
ahawkins
2016-12-29 03:14
USA not on the CSR list? I guess they already have such a thing with FACTA.
sherice
2016-12-29 04:18
has joined #newmembers
agalt
2016-12-29 05:42
The us is one of the largest tax shelters in the world if structured correctly. Montenegro, Taiwan, and the Republic of Georgia also did not make this list.
ahawkins
2016-12-29 06:37
Has anyone done the math to calculate how long it takes to realize the financial benefits from implementing the 5 flag theory? I ask because I'm a US citizen and am aware of things like the FEIE and FATCA. Right now these are not a problem for me right now because 1) My income is well below the limit for FEIE 2) I don't own any property other other foreign assets 3) I visit the US maybe once every 2 years for a short time so I qualify for the FEIE. I'm curious because my partner (Indian citizen) and I are not interested in settling long term in the US or India. It's not a pressure situation right now but something needs to be decided. Long term (say 15+ years) I could see myself losing the US citizenship because I won't have strong ties to the country (parents likely passed on and my siblings dispersed). However it would be nice not to lose it because it's powerful citizenship (save the bullshit financial things like FATCA blah blah). My partner is keen to get a new citizenship which would also impact me. I suggested Singapore for her, but learned that Argentina citizenship (thus UNASAR when it's fully implemented) can be had in 2 years. All in all there are many factors that go into the thinking and this area. I'm not sure where to start. I'd like to reduce the problem space by asking questions that reduce possibilities and take it from there. I figured the financial angle was a good place to start. Does anyone else have input in this area?
ahawkins
2016-12-29 07:39
I forgot to include the business aspect as well. I was a freelancer in the past but switch to an employed ex-pat to stay in countries longer (Sweden and now India). I am transitioning back to freelancing (via Sole proprietorship in my home state of California) and plan on moving to a pure only business composed for 1. Off the shelf products such as ebooks (already put together my first one) or something like your Insiders Club; 2) Consulting; 3) Software as a Service business. I actually came across FreedomSurfer about a year ago when I was considering opening an off shore company for my new business presence. I decided against it at the time because it seemed like too much complexity as a pre-req to start generating income. Now I'm kind of back at the beginning considering what do for myself and my partner. Right now I can see three options: 1) Get married so we both gain legal residency in our respective countries (mine: US; hers: India) and build our life from there. Both of us could work remotely and for own off shore entities etc. 2) Get married then get an employment (or some other visa) in a country where my girlfriend could gain citizenship. 3) Go the whole digital nomad route and punt on more long term problems. This is a bit more difficult because of her Indian passport, but could be made easier if she had a US Green Card (many countries have exceptions for Indian citizens holding visas to US/UK/Austraila etc). Any advice on how to approach my situation?
kl5340dc
2016-12-29 10:08
Has anyone done the math to calculate how long it takes to realize the financial benefits from implementing the 5 flag theory => if you're coming from a country that taxes highly (34% corporate tax where I was previously) the benefit can be quite immediate and drastic depending on how much is coming in
kl5340dc
2016-12-29 10:08
it's usually not making much sense if you're making 100k a year
kl5340dc
2016-12-29 10:09
but you start making 200k and more, then it becomes quite cheaper to set things up like this
kl5340dc
2016-12-29 10:09
I track everything , and even flying around countries and living in more expensive places than home country and ends up cheaper than what I was paying before living full time there
kl5340dc
2016-12-29 10:11
there is definitely added complexity in setting up everything up, and also travelling around etc. There's a cost to that too (hours wasted etc). I decided I was going to do this for at least 5 years to save a lot in the process and get the early retirement thing secured, and then decide what I do after that if I continue or not.
philippe
2016-12-29 10:19
I?m a nomad anyway and my home country is expensive and highly taxed and bureaucratic (especially social security). I have a quite humble income but it seems profitable anyway (or at least neutral).
jase
2016-12-29 11:35
For us we had the time commitment to stick to the plan. 5 year minimum. Our first year was the expensive one, paying for lawyers/company incorporation/certificates/notary/etc. Theoretically it only takes 1 year to pay off though (despite paying 10% tax). We are no longer "nomads", instead we have a home base and travel regularly, meaning we've invested more into life here. As our business grows it will provide greater and greater benefits.
alex
2016-12-29 12:57
I think opportunity cost should not be underestimated. While trying to save 30-50% one might miss an opportunity to double or triple his business. I am seriously considering incorporating in Canada until I find a tax friendly place that I am willing to move to. Frequent traveling with kids is not a problem but perpetual traveling might be challenging. @jase where is your home base?
alex
2016-12-29 12:58
By the way, are there any resources for Nomad Families?
jase
2016-12-29 12:59
Absolutely. Also the potential clients that you have missed onboarding while putting in this effort. I live in Andorra @alex. I wrote this to help me from answering similar questions over and over and spruiking the place in the FS slack channels :slightly_smiling_face: https://jaserodley.com/living-in-andorra/
jase
2016-12-29 13:00
FYI I understated the tax benefits (I'm not as confident as Simon!). Most in Andorra pay 2-5% tax.
jase
2016-12-29 13:01
There is no double taxation - if your corp pays, you do not.
jase
2016-12-29 13:01
Quite a few people from the Dynamite Circle have nomad families. I'll see if I can dig up a link for you.
alex
2016-12-29 13:06
Thank you @jase! Andorra is definitely one of the top countries that we are considering. The mountains are gorgeous.
jase
2016-12-29 13:08
Feel free to ask anything @alex. In my opinion there are not many places in the world left where "poor" HNWIs/location independent business owners can move to, pay very reasonable tax and live this quality of life/safety.
ahawkins
2016-12-29 13:21
> but you start making 200k and more, then it becomes quite cheaper to set things up like this
My thinking is that it will take me 5 years or so to hit that mark, so I can either be proactive and prepared for when that happens OR punt on this problem because who knows if that situation will develop.
jase
2016-12-29 13:31
You know your own personality best @ahawkins - for me, I'm very foundational - my brain says "why build a successful business when I'll get reamed on tax", better to get residency/etc in order first then build the company. But everyone's different - and not taking my own advice I'd say "everything is easier with money". If you have a business raking it in, it's a lot easier to give a agents/lawyers 10-20k to incorporate/get your affairs in order/organise residency, and certainly easier to open a bank account with a few hundred grand than it is with $2000.
ahawkins
2016-12-29 13:38
jase: I get it. It's easy if you can say doing this is going to save me X% so it's easy to calculate the ROI. I'm not sure how I would calculate a strictly financial ROI. I'm looking at it more of a "distribution of concerns" perspective. E..g I can have my company in country X, other things in Y and Z to better detach me from the USA.
ahawkins
2016-12-29 13:40
an an off topic I'm curious how things like CSR and FATCA impact implementing the 5 flag theory. Once you cross a certain amount of money in your accounts banks are legally obligated to phone one. One could of course open multiple accounts all over the place but that point it seems like a lot of fuss
agalt
2016-12-29 13:46
@ahawkins the last year i pulled my hair out with these issues, spent about 20,000 usd trying to fix them. To summarize the story: it is easier to get resiency in another country with low taxes and good benefits (I choose Georgia) then utilize a Foreign Trust that owns a US LLC that has a bank account so you dont have to deal with FBAR and nonsense.
kl5340dc
2016-12-29 14:05
@ahawkins I did exactly that. Build teh business up to a point where each year taxes where getting bigger and bigger. The last time I paid tax was so huge it became disgusting. I hate inefficiency so to me the tax situation was inefficient part in the system.
ahawkins
2016-12-29 14:06
damn, 20g's. I don't have that kind of cash!
kl5340dc
2016-12-29 14:07
But this is another reason that I ended up doing. I'm too biased to making my life efficient which then turns into making it boring. Now it is is inefficient to travel so much around but then it breaks me out of my otherwise boring routine and gives me needed stimulus. There's drawbacks to doing the nomad thing, but this to me has been a benefit aside from the whoel tax thing.
agalt
2016-12-29 14:15
@kl5340dc are you a tax resident of Bulgaria?
kl5340dc
2016-12-29 17:27
yes
philippe
2016-12-29 17:59
> it is is inefficient to travel so much around
Depends of your success ?m:petrics?
agalt
2016-12-29 18:01
the people you can meet while traveling can increase your incomd depending on what you help them with. This has proved true working in the travel industry.
jase
2016-12-30 15:15
Hey @alex a friend passed on this group that you might find helpful: https://www.facebook.com/groups/LocationIndependentFamilies/
alex
2016-12-30 17:50
Thank you @jase!
americanomad
2016-12-31 00:08
has joined #newmembers
jase
2016-12-31 09:32
Doug Casey is better IMO - harps on less about the end of the world, though the site still has that spin to it.
jase
2016-12-31 09:32
Sov man is good info, but in my opinion not actual boots on the ground knowledge. These guys talk the talk but their information comes from friends/internet
jase
2016-12-31 09:35
They're "experts" if you don't know anything, but as you begin to learn you realise their info is "OK".
josh
2016-12-31 10:45
That's not really true about sovereign man @jase, "Simon Black" gets around for real and makes a few million bucks a year harping on the end of the world :joy:
I agree that is annoying as hell. Those guys are great marketers though (Casey, Stansbury, et al) and have massive lists so it pays.
jase
2016-12-31 10:46
I like Casey's "crisis investing" mantra... but yeah he's dramatic about it
jase
2016-12-31 10:47
What he's really saying is the rehashed "buy low, sell high" or "be greedy when others are fearful"
jase
2016-12-31 10:47
I don't believe he runs the site anymore, just writes the odd piece
josh
2016-12-31 10:50
Yeah none of the gurus write their emails anymore from what I know. But they get good writers who fit their style. Supposedly Porter Stansbury made $100 million last year
maxsuur
2016-12-31 10:53
Moolah-making machines
josh
2016-12-31 10:53
I am wary though of people who make their money more from "selling info" than from actually doing. At least Simon Black has attempted to live it with his farm in Chile
josh
2016-12-31 10:59
They are clearly reaching people though, I'm just puzzled about how they are supposedly reaching so many but 98% of them seem to be men. (Yes I'm still looking for an answer!)
jase
2016-12-31 13:45
100m, wow
josh
2016-12-31 16:16
Well when you have several hundred thousand people in your database and can churn out the content on a seemingly hourly basis, it's bound to get some results!
jase
2016-12-31 16:35
yeah i'm just envious :slightly_smiling_face:
ahawkins
2017-01-01 05:46
I listen to the Sovereign Man podcast because they have some fun conversations. There are lot of opinions which is nice.
ahawkins
2017-01-02 11:24
Anyone have a good multi currency personal finance tool? I have accounts in USD and INR. Looking for one thing that gives me a complete overview. It would be _nice_ I've found http://ledger-cli.org which requires manual input but seems functional enough.
jase
2017-01-02 11:30
Yep, Josh is going to make one for us :sunglasses: :joy:
ahawkins
2017-01-02 11:31
I gather there is _some_ market for a product like this
ahawkins
2017-01-02 11:41
Also anyone here a member of a mastermind group? (besides this one :))
jase
2017-01-02 11:41
Yeah I'm in 2 explicit mastermind groups. 1 is a small group of digital marketing agency owners and the other is travel experts.
jase
2017-01-02 11:42
But in a few other topic specific groups too
philippe
2017-01-02 11:46
I use Linxo but am still mono currency
ahawkins
2017-01-02 11:53
jase are you getting value out of them?
jase
2017-01-02 11:54
Absolutely. One more than the other - the main thing I get value out of is not wanting to sound stupid and being accountable.
jase
2017-01-02 11:54
One of the many blockers business owners have are small dumb things.
jase
2017-01-02 11:54
We can deliberate for months over "what the wording should be on a landing page" or something like that
jase
2017-01-02 11:55
When you say to a group of successful people "i don't know what the wording should be on a landing page", you usually follow up with "actually, as i say this, i have 2 options, X and Y - i should probably just test"
ahawkins
2017-01-02 11:55
how did you find these groups?
petrsuska
2017-01-02 12:29
has joined #newmembers
harvie
2017-01-02 12:30
the marketing one isn't Digital Marketer is it by chance?
jase
2017-01-02 13:33
no this is just a group of individuals
dawn
2017-01-02 21:59
has joined #newmembers
harvie
2017-01-03 11:16
I'm in a marketing one, and investing one. Also created my own travel one for people moving to Bangkok.
jase
2017-01-03 16:43
Do you use Slack @harvie or is it a paid up type of membership like Freedom Surfer?
harvie
2017-01-04 03:10
Two are private FB groups, the other is slack based.
philippe
2017-01-04 13:32
What would it take to get into the marketing group ?
maxsuur
2017-01-04 14:29
I'd bet that some kind of proven revenue threshold
harvie
2017-01-04 14:36
Digital Marketer (you can Google them) have a group for all their members, membership is around $35/month and you get access to courses. It's a useful group but there's over 9,000 people making the mastermind, yet the community is very strong (they have full-time mods).
jase
2017-01-04 15:23
There's a slack for /r/bigseo
jase
2017-01-04 15:23
It's too busy for me but I browse from time to time
jase
2017-01-04 15:23
it's getting crowded with people without a clue though
tkrunning
2017-01-05 20:51
has joined #newmembers
ace01
2017-01-07 01:15
has joined #newmembers
princevaliant
2017-01-08 21:40
has joined #newmembers
saskia
2017-01-09 11:41
has joined #newmembers
jase
2017-01-09 11:43
Hey @saskia! Welcome aboard :smile:
saskia
2017-01-09 11:44
Hey @jase ! thanks, good to be here!!
saskia
2017-01-09 11:45
It's been a long time coming. Can I post questions I have in the correct channel I assume?
jase
2017-01-09 11:45
Ask away - you'll probably get some immediate and some delayed answers
jase
2017-01-09 11:45
Mind me asking where you're from?
saskia
2017-01-09 11:49
I'm from New Zealand. been living in various parts of europe and asia the last few years!
saskia
2017-01-09 11:50
I'm in Sydney at the moment
jase
2017-01-09 11:56
Nice one! I love NZ (From Aus). I live in Europe now.
stoplight
2017-01-09 12:17
Welcome @saskia ! :slightly_smiling_face:
saskia
2017-01-09 12:49
Thanks @stoplight ! :smiley:
skat
2017-01-10 13:24
has joined #newmembers
rjmarsden
2017-01-10 14:15
Hey @skat welcome :slightly_smiling_face:
rjmarsden
2017-01-10 14:17
please say you are honouring the skatman with your handle
skat
2017-01-10 14:27
@rjmarsden haha, my nickname is not so nice http://www.urbandictionary.com/define.php?term=skat
skat
2017-01-10 14:29
But good guess ;)
rjmarsden
2017-01-10 14:44
wow, that is an amazing nickname! I thought my nickname of Dr No was harsh because of my negativity, but you've taken it to another level! :slightly_smiling_face:
skat
2017-01-10 14:46
@rjmarsden in my case negativity is unintentional ;) after using this nickname for couple of years, people told me what it actually means ;) so I just left it as it is just for laughs ;)
skat
2017-01-10 14:49
This group doesn't look big. How old is this group?
agalt
2017-01-10 14:56
big does not equal quality. There are so man DN / location independent groups on facebook, however the quality of ideas here surpasses what I have seen before paying 20x this
skat
2017-01-10 15:02
Yeah, it's hard to find groups that are actually aimed for established nomads. Most of them are aimed for beginners. That's the reason I joined, looking for more mature travelling crowd.
skat
2017-01-10 15:08
@tkrunning familiar nickname. How is your work for Estonia company is going ?)
stoplight
2017-01-10 23:12
welcome @skat :slightly_smiling_face:
skat
2017-01-11 05:10
Thanks for a warm welcome, @stoplight ;)
jase
2017-01-11 10:19
Hey @skat!
skat
2017-01-11 10:20
Hello @jase. is that your car on a picture ?
jase
2017-01-11 10:21
Unfortunately no, it's a RWB 911.. something to aspire to.
jase
2017-01-11 10:21
Been very tempted to buy a nice car after settling again but too keen to invest instead.
skat
2017-01-11 10:24
@jase where did you settle? If you don?t mind me asking. :slightly_smiling_face: I?ve been travelling for a while and start to think about settling in some place for at least 6 months from a year. But really hard to make such a choice.
jase
2017-01-11 10:25
Definitely hard to choose. I am in Andorra. For what it's worth my short list was very varied... Malaysia, Panama, Andorra and New Zealand. Though NZ was only a 4 year option. After that we would have had to find somewhere new.
agalt
2017-01-11 10:28
it is a difficult descision. Malaysia is great if you like Asia.
skat
2017-01-11 10:29
@jase heard a lot of great stories about Andorra. Need to check it out myself (i?m an ex-cyclist and would like to have a bike again). New zealand seems to be leading among my nomad friends.
skat
2017-01-11 10:30
@agalt I?m currently in malaysia, but i?m leaning towards Vietnam more.
jase
2017-01-11 10:31
@skat you may be interested in this post: https://jaserodley.com/living-in-andorra/ (rather than harp on about Andorra it's my way of giving everyone a brief summary)
jase
2017-01-11 10:31
If you haven't been to NZ, absolutely take the time to visit
agalt
2017-01-11 10:31
KL was nice, but the culture isn't quite my speed there. Andora looks interesting @jase
jase
2017-01-11 10:32
Even if you don't put down roots, it is an incredible place
skat
2017-01-11 10:32
@jase did you post that on Dynamite Circle too?
kl5340dc
2017-01-11 10:32
I was in singapore a week in november. The weather is like malaysia I understand. Just unbearable> And that was november. Dont seem fun place to live year through. What am i missing?
jase
2017-01-11 10:32
Yeah I did @skat
skat
2017-01-11 10:32
@jase i remember bookmarking this :wink: thank for an informative post
jase
2017-01-11 10:32
haha nice :slightly_smiling_face:
jase
2017-01-11 10:33
If you plan to go to NZ and want to visit some out of the way things on the South Island, give me a shout. I did around 250km of hiking down there. It's such a beautiful place
agalt
2017-01-11 10:33
@skat I live in Georgia and love it. He is an article about it if you want to take a look: https://landingconcierge.com/articles
agalt
2017-01-11 10:34
However, if i did it all over again, i would get two residencies: Bulgaria and Georgia. Do all my business and banking in Georgia and open up a foreign branch office of my Georgian company in Bulgaria to get residency
skat
2017-01-11 10:36
@agalt will be heading to Georgia after 3 months. Love the food there and people are really open and nice (I have local friends). But for me it?s a bit too ?Soviet?, someone who comes from ex-Soviet country i try to escape that :wink:
jase
2017-01-11 10:37
Where are you from @skat?
skat
2017-01-11 10:37
@jase Estonia
jase
2017-01-11 10:37
Cool - nice to see the country making positive change
jase
2017-01-11 10:37
I can understand the desire for something different though
agalt
2017-01-11 10:38
Fair enough. Slovenia was more moddern, but my healthy disregard for rules and regulations caused problems for me (jawalking, crossing the street in the middle of traffic, etc)
agalt
2017-01-11 10:39
@skat thats a good citizenship though. they don't bother to come after you for foreign earned income :slightly_smiling_face:
skat
2017-01-11 10:43
@agalt yes, If i would consider only my own interests - it?s a great citizenship. I can freely travel across Europe, very easily go to US? and i don?t own my country any taxes if i live abroad most of a year.
skat
2017-01-11 10:44
but if i would address @jase point about ?positive change?, I have this strange feeling that changing one ?Big Brother? for another ?Big brother? was not a good idea.
skat
2017-01-11 10:44
I enjoyed Estonia more then it was independent
agalt
2017-01-11 10:44
you are very lucky. I'm trying to pick up a few citizenships before I renounce my US citizenship
jase
2017-01-11 10:45
I am not very knowledgeable. I suppose I mean in regards to foreign investment and more open borders
jase
2017-01-11 10:45
But I can see the potential negatives
jase
2017-01-11 10:46
I suppose you never know which way it is going to go ... Similar when people tell me the world will end due to Trump or Brexit
jase
2017-01-11 10:46
Which is why we are all diversifying :grin:
tkrunning
2017-01-11 10:47
Hi all, sorry for taking a few days to introduce myself!
tkrunning
2017-01-11 10:47
And hi @skat ! Indeed a familiar name :wink: FYI, "skat" means tax in Danish, I'm not sure if that is better or worse than the Urban Dictionary definition :wink:
agalt
2017-01-11 10:49
A Dane :slightly_smiling_face: :slightly_smiling_face: great place (minus taxes) grandfather married a Danish lady for his 3rd wife. He finally got it right :slightly_smiling_face:
skat
2017-01-11 10:49
@tkrunning how is your employment at Teleport is doing? :wink: how are they treating you ? -)
skat
2017-01-11 10:50
@tkrunning if we talk about Danish taxes, then it could be worst :stuck_out_tongue:
tkrunning
2017-01-11 10:51
Teleport is doing well :slightly_smiling_face: I?m working part time for them at the moment, and part on own projects and for some consulting clients who pay the rest of my bills. But exciting things happening with Teleport, but can?t really comment any further since we?re under an NDA at the moment.
tkrunning
2017-01-11 10:53
Danish taxes aren?t too bad as a nomad actually, at least under a certain level of income (a few thousand EUR per month) I?m able to come out in the other end paying close to zero in taxes. It?s still my residency and business base. But considering moving the former to Malta and the latter to Estonia...
skat
2017-01-11 10:53
@jase it was a great change for me - opened up borders, a lot of new and interesting information, great opportunities in life. Somehow positive change never comes without something negative at first :wink: So, maybe Trump and brexit will open up a door to something even more positive in our lives
jase
2017-01-11 10:55
I remain blindly optimistic :slightly_smiling_face:
tkrunning
2017-01-11 10:55
@agalt Actually I?m not Danish, I?m Norwegian :slightly_smiling_face: Although I?ve applied for Danish citizenship, but I?m still waiting for my application to be processed.
How?s Georgia?
skat
2017-01-11 10:55
Again, even Trump for me is a business opportunity :slightly_smiling_face: It hurts for me to say so, but we got a lot of funding just after he got elected
agalt
2017-01-11 10:56
Georgia is amazing for many reasons. Send me a pm and we can talk more. I don't want to be self promotional in a group thread. Very happy to share in chat though.
skat
2017-01-11 10:56
@agalt hopefully after 3 months we can meet in person and you?ll promte yourself more
agalt
2017-01-11 10:57
we are having a short event in march for that purpose. 3 days. reasonable cost, and lots of oppertunities.
tkrunning
2017-01-11 10:57
Cool, I?ve been meaning to check out Tbilisi at some point? Just have to convince the GF to come along for a few months (we travel together) :slightly_smiling_face:
agalt
2017-01-11 10:58
Bulgarian gf visits me once a month here. (we fly back and forth from Sofia-Kutiesi) Her stance is that it is like bulgaria 20 years ago.
skat
2017-01-11 11:01
Wow, not to much loners here :slightly_smiling_face:
skat
2017-01-11 11:02
@tkrunning you have Estonian gf now? Is this is how you plan to change your residency ?:)
agalt
2017-01-11 11:02
15 euros to fly from Sofia to Kutiesi, then a 10 euro bus ride to Tbilisi. If you would rather spend more money to save time you can take a 5 hour flight from copenhagen to TBS
agalt
2017-01-11 11:03
No shame in this... Ill have Bulgarian residency shortly for this reason...
skat
2017-01-11 11:03
I?m not shaming, this is the oldest trick in the book and most effective one
dawn
2017-01-11 13:00
Hi all, I'm Dawn, Belgian and a newbie to the freedom movement. I'm here to learn :slightly_smiling_face: IG: https://www.instagram.com/matthewdawn/
tkrunning
2017-01-11 14:05
@skat she?s Estonian but also nomadic/remote :slightly_smiling_face:
skat
2017-01-11 14:06
hey @dawn \m/ welcome to a club
tkrunning
2017-01-11 14:06
Welcome @dawn
jase
2017-01-11 14:37
Hola @dawn, loving your artwork!
dawn
2017-01-11 17:54
@jase thanks!
stoplight
2017-01-12 11:11
welcome @dawn
jjlm
2017-01-12 22:36
has joined #newmembers
danz
2017-01-13 04:23
has joined #newmembers
philippe
2017-01-13 20:14
haha I crossed a street with the red sign in Ljubljana, just when a horse mounted patrol came by XD
maxsuur
2017-01-13 20:52
I once ran from a police officer in ljubljana after threatening another to release an arrested friend of mine with a bucket of ice
maxsuur
2017-01-13 20:53
I've never run that much in my entire life. I was never caught. Ahha
maxsuur
2017-01-13 20:53
*bucket of ice-cream
maxsuur
2017-01-13 20:55
Wild, young and free.
Memories of my rebel youth :)
agalt
2017-01-13 23:33
LJU :smile:
yuli
2017-01-16 06:35
has joined #newmembers
jd
2017-01-17 05:55
has joined #newmembers
yuli
2017-01-18 06:53
Hello everybody. My name is Yuli, I am new here. Originally from Israel, a digital nomad for 2.5+ years. Looking forward to share my experience & tips/tricks and learn from you guys.
rjmarsden
2017-01-18 08:01
Morning @yuli and welcome aboard!
danz
2017-01-18 08:02
Shalom Yuli
maxsuur
2017-01-18 08:53
Welcome/bienvenido @yuli
stoplight
2017-01-18 08:56
Welcome @yuli :slightly_smiling_face:
tkrunning
2017-01-18 10:32
Welcome!
agalt
2017-01-18 10:44
welcomd!
agalt
2017-01-18 10:44
*welcome!
yuli
2017-01-18 19:49
Thank you for the welcomes :slightly_smiling_face:
skat
2017-01-19 09:27
good day to you, @yuli
arkdeeplove
2017-01-21 17:55
has joined #newmembers
hhenrikson
2017-01-23 09:29
has joined #newmembers
el_roberto
2017-01-23 13:11
has joined #newmembers
foreverlearning
2017-01-23 18:33
has joined #newmembers
tatelev
2017-01-25 15:27
has joined #newmembers
tatelev
2017-01-25 15:34
hi people, new member here
agalt
2017-01-25 15:34
welcome
tatelev
2017-01-25 15:35
still taking a look around to try to figure out how all this works :slightly_smiling_face:
stoplight
2017-01-25 15:36
Welcome @tatelev
tatelev
2017-01-25 15:39
what is the average profile in this community? Are most people nomads/location independent?
stoplight
2017-01-25 17:05
Nope not really..there?s also quite a number of people who are just staying in the same place most of the time.. :slightly_smiling_face:
stoplight
2017-01-25 17:06
One common aspect we all share is the freedom lifestyle stated in most of Simon?s works...
tatelev
2017-01-25 17:14
ok, good to know there is variety!
tatelev
2017-01-25 17:15
I?m not location independent either, currently living in Spain,
maxsuur
2017-01-25 19:33
I am in souther Spain. You @tatelev ?
tatelev
2017-01-25 19:45
In the north, in Asturias :)
tatelev
2017-01-25 19:50
Where you @maxsuur ?
jase
2017-01-25 19:53
Hey @tatelev, welcome
jase
2017-01-25 19:55
I updated my profile, with a very basic run down on the off chance it is of interest
maxsuur
2017-01-25 19:57
Andalusia, bro
jase
2017-01-25 19:58
It's funny these labels going around. I'm theoretically location independent but I spend the bulk of my time in 1 location
jase
2017-01-25 19:58
Try to anyway
jase
2017-01-25 19:59
I know people that would be ashamed to be called a digital nomad :joy:
jase
2017-01-25 19:59
entrepreneur = mostly wantrepreneurs :joy:
maxsuur
2017-01-25 19:59
Instead of location-independent, maybe "multi-system dependent"
maxsuur
2017-01-25 20:00
I agree. @jase
jase
2017-01-25 20:00
:slightly_smiling_face:
maxsuur
2017-01-25 20:00
Serious Wanderer sounds more romantic
jase
2017-01-25 20:00
hahah
maxsuur
2017-01-25 20:00
Serial Wanderer
maxsuur
2017-01-25 20:00
Ja
maxsuur
2017-01-25 20:01
Whatever suits you best
jase
2017-01-25 20:01
Serious Wanderer sounds like something dreamy made up for the girls
maxsuur
2017-01-25 20:02
A cool lead for TinderLovers
jase
2017-01-25 20:02
:slightly_smiling_face:
agalt
2017-01-25 20:40
Nothing wrong with tinder... :p
save
2017-01-27 08:35
has joined #newmembers
726dbr
2017-01-28 07:05
has joined #newmembers
wojtek
2017-01-28 15:58
has joined #newmembers
wojtek
2017-01-28 15:59
Hi there
wojtek
2017-01-28 15:59
Wojtek my name, ethical hacker, world citizen and the rest is easy to find if you google Wojciech Kalka ...
wojtek
2017-01-28 16:00
living in Bangkok for most of the year ..
wojtek
2017-01-28 16:03
love extrem sports, collect motorcycles and play guitar and sax
wojtek
2017-01-28 16:04
working online and travelling for six years now
el_roberto
2017-01-28 16:21
@wojtek "collect motorcycles" <- Any pics? I'd love to buy another motorcycle (or three), but Georgia's probably the least safe country for it...
wojtek
2017-01-28 16:21
pics on fb
wojtek
2017-01-28 16:21
have 11 atm
wojtek
2017-01-28 16:22
2005 cbr1000rr repsol, 2010 cb1300 abs, ktm 690 smcr, klx 351 and some other
el_roberto
2017-01-28 16:24
nice, I haven't had anything over 500cc yet, was very tempted by the MV Agusta 800rr a few months back
el_roberto
2017-01-28 16:25
wojtek
2017-01-28 16:27
el_roberto
2017-01-28 16:30
:+1:
wojtek
2017-01-28 16:32
just got the new KTM SMCR 690 fun bike
wojtek
2017-01-28 16:45
@el_roberto Don't go for Agusta they look nice but they service is horrible
el_roberto
2017-01-28 16:46
haha yep - that along with the price scared me off
agalt
2017-01-28 19:11
@wojtek sexy sax and computers. You have my attention.
jase
2017-01-28 20:43
Welcome @wojtek! Nice bike!
harvie
2017-01-29 03:43
@wojtek I'm from Bangkok too, what area you live?
wojtek
2017-01-29 03:50
@harvie Lamlukka at Thai Wake Park
harvie
2017-01-29 04:00
Oh cool, always wanted to check that place out but a little far (and I'm a little lazy)
skat
2017-01-29 11:56
@wojtek welcome. Stayjng in Bangkok for a month myself
wojtek
2017-01-29 17:04
if you want to go for a bike ride or wakeboarding let me know
skat
2017-01-30 04:52
@wojtek i was actually considering to go to wakeboarding. i?ve never tried it out, but really want to (in a hopes that it?s somehow similar with snowboarding).
wojtek
2017-01-30 05:54
more than welcome
wojtek
2017-01-30 05:55
always up for wakeboarding or some bike ride
wojtek
2017-01-30 05:55
I got a some bikes and scooters for friends
stoplight
2017-01-30 18:41
hello @wojtek ?nice! fellow rider! Good choice on the bikes! :smile: ?Have a KTM Duke 390 myself?welcome to the group..
wojtek
2017-01-31 10:05
:slightly_smiling_face: lovely beginner bike
wojtek
2017-01-31 10:05
in BKK too?
wojtek
2017-01-31 10:05
who is all in Bangkok here?
stoplight
2017-01-31 13:46
Nope?Manila.. :slightly_smiling_face: ?I would love to get a bigger bike?just don?t know where to go..with all the traffic...
jb
2017-02-03 14:05
has joined #newmembers
gbennett
2017-02-08 02:38
has joined #newmembers
mysteir
2017-02-10 04:48
has joined #newmembers
nemo
2017-02-10 13:07
has joined #newmembers
nomadn
2017-02-12 12:58
has joined #newmembers
nomadn
2017-02-12 13:00
Hey guys. I'm American in China working as a consultant in China right now. Mostly in the Shanghai/Nanjing areas. Let me know if anyone else is in China and wants to meet up!
rjmarsden
2017-02-13 17:27
Hi @nomadn I'm in Shanghai between 5th - 7th March. Send me a DM if you're around for a beer
jamief
2017-02-17 09:52
has joined #newmembers
ivopalazzi
2017-03-01 17:53
has joined #newmembers
yu138086
2017-03-07 15:21
has joined #newmembers
mrblonde
2017-03-08 17:25
has joined #newmembers
globalconsulteurope
2017-03-09 12:50
has joined #newmembers
globalconsulteurope
2017-03-09 12:59
Hello everyone,
my name is Svetlin Konsulov - I am legal advisor, practicing in Sofia, Bulgaria.
I am happy to join your community. Feel free to contact me to discuss any topics. I am experienced in company formation, advisory and legal services provided to international clients in Bulgaria.
Furthermore it will be a pleasure for me to share not only professional expertise but a few beers if someone is around.
agalt
2017-03-09 13:55
Welcome. Sofia is a nice place!
maxsuur
2017-03-09 14:10
Welcome to the family @globalconsulteurope
stoplight
2017-03-09 14:56
Welcome Svetlin! :slightly_smiling_face: @globalconsulteurope ?love to see Bulgaria one of these days.. :slightly_smiling_face:
simon
2017-03-10 16:28
@globalconsulteurope Good to have your here Svetlin!
skat
2017-03-10 22:12
@globalconsulteurope welcome on board. My next destination would be Bulgaria :stuck_out_tongue:
tkrunning
2017-03-12 09:01
Welcome @globalconsulteurope! I?ve seen you around on quite a few forums I believe :slightly_smiling_face: (Streber, OffshoreCorpTalk, maybe TG?) Good to have you here!
jerobo
2017-03-12 17:19
has joined #newmembers
highflier
2017-03-12 20:00
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jase
2017-03-12 20:11
Hey Svetlin
johannago
2017-03-14 16:28
has joined #newmembers
crimsonpost
2017-03-15 11:28
has joined #newmembers
pedrodemendez
2017-03-16 13:38
has joined #newmembers
netroxx
2017-03-17 15:35
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netroxx
2017-03-18 14:31
Dominik here, living in Malta currently doing ecommerce businesses :slightly_smiling_face:
netroxx
2017-03-18 14:31
If anyone wants to stop by and check out the island or wants to know anything about the residency/tax structure here, feel free to contact me
netroxx
2017-03-18 14:31
I have a good setup and am well connected
ahawkins
2017-03-19 07:21
netroxx: is there a residency option for digital nomal / IT workers?
netroxx
2017-03-19 20:57
if you have an EU passport should be no problem, anyone can be a resident if you show a bank account w/ 25k + a valid health insurance
roman
2017-03-20 10:05
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ahawkins
2017-03-20 10:19
netroxx: My GF and I are not EU passport holders :disappointed:
roman
2017-03-20 10:31
Hey guys! New here. Canadian citizen. Currently in Chiang Mai. _how cliche_ :slightly_smiling_face:
roman
2017-03-20 10:31
Also have a Russian citizenship at birth :stuck_out_tongue:
stoplight
2017-03-20 17:13
welcome @roman
roman
2017-03-20 17:14
Hey Matthew!
jase
2017-03-20 17:49
Welcome Roman
mi
2017-03-20 23:41
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skat
2017-03-21 10:32
Privet @roman . I was never a Russian citizen, but all of my relatives are very closely related to Russia :slightly_smiling_face: What do you do for a living ?:)
roman
2017-03-21 10:33
Hey Stane, are you from Yugoslavian decent then? :slightly_smiling_face:
roman
2017-03-21 10:33
I?m a software developer.
skat
2017-03-21 10:33
@roman I?m from Estonia :slightly_smiling_face:
roman
2017-03-21 10:34
Ah cool. My grandpa lived in Estonia for his last 20 years. I visited him a few times in Narva Essu (sp?)
skat
2017-03-21 10:35
@roman what is your preferred language of choice for development?
roman
2017-03-21 10:35
Perl, JS .. PHP as backup :smile:
roman
2017-03-21 10:35
I?m moving away from Perl these days more into JS.
skat
2017-03-21 10:35
@roman yeah, that?s a very well known beach-resort town close to russian border :wink:
andrew.m
2017-03-22 11:36
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aka
2017-03-30 16:31
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aka
2017-03-30 16:37
Hey guys, Alex here, portuguese/russian in UK, developer, startup guy?
agalt
2017-03-30 16:42
Welcome
aka
2017-03-30 16:42
thanks andy
ahawkins
2017-03-30 17:05
:wave: :slightly_smiling_face:
aka
2017-03-30 17:09
:thumbsup_all:
johannago
2017-03-30 17:57
Hi Guys, Im Johanna - Colombian and British citizenships lived in Tokyo, HK, London and I kind of moved to Miami last year (mainly to be in the sun) - I have a very successful business based in Panama and so far I have been too busy taking it from 6 figures to 7 that I haven't had time to properly look into be tax efficient... I am in need of a serious financial advisor who has great experience dealing with global income, ideally someone who understands well UK and US taxes. Any recommendations?
stoplight
2017-03-31 00:46
welcome alex! @aka
stoplight
2017-03-31 00:47
welcome @johannago ?try to repost your query on the #taxation thread.. :slightly_smiling_face: ?some really good folks are there.. :slightly_smiling_face: ?congratulations on that good business in Panama! Wow! :slightly_smiling_face:
skat
2017-03-31 11:34
Welcome @aka and @johannago
jase
2017-04-01 03:53
Welcome @johannago and @aka!
ma-x-us
2017-04-02 02:44
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2017-04-05 16:07
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2017-04-11 14:43
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2017-04-16 13:59
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2017-04-17 13:53
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2017-04-18 06:11
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2017-04-18 17:10
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2017-04-27 11:11
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soniasofia
2017-05-08 20:43
netroxx: thank you! Does the health insurance need to be local? or international insurance with proper cover will also do? what does qualify as income remitted to Malta? Does that include paying by card locally?
johncitizen
2017-05-09 00:05
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2017-05-09 04:31
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2017-05-12 08:20
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2017-05-12 09:53
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2017-05-18 05:22
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ma-x-us
2017-05-20 07:07
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2017-05-22 11:46
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2017-05-23 21:14
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agalt
2017-05-24 07:36
@brian How are you? what are your goals in the next few months for internationalization?
agalt
2017-05-24 07:43
very cool. How long have you been "outside the wire" or outside the USSA Brian?
agalt
2017-05-24 07:43
@brian
agalt
2017-05-24 07:48
@brian what industry do you work in, and what are your business interests in the next 5 years for investing, traveling, and finding a spot to live longer term?
pragmatic
2017-05-24 07:51
Are you guys still filling your US tax returns :wink: ?
pragmatic
2017-05-24 07:52
But the first 100k or so is tax free right? if you don't spend more than 30 days in US?
agalt
2017-05-24 07:55
its easier to leave it to someone else for sure
agalt
2017-05-24 07:55
he co-authored parts. Its written by a guy who still unfortunately works with nomad-capitalist
agalt
2017-05-24 07:56
well, he leaves more oppertunity in the markets for people who help clients correctly
agalt
2017-05-24 07:59
@simon south america seems to be a foreign strange land to some of us. If you could shed some light on how objectives are implimented legally some here may be "all ears"
simon
2017-05-24 08:18
@agalt The problem, as @brian said, is that most South American countries require you to spend the majority of your time there to qualify for citizenship. For those who like living there it's a great deal but for those who don't...
agalt
2017-05-24 08:23
the 2-3 weeks spent in San Jose, Costa Rica were not as described in the guide books. I found the city to be quite rough and simply not enjoyable. Touching down again after CR in Zagreb, Croatia was a welcome change even with the terrible rain and wind in the winter.
simon
2017-05-24 08:28
I'm personally quite interested in Chile and plan to get a residency there later this year. The tax exemption on foreign-sourced income is definitely a plus as far as I'm concerned. @philippe is there currently, maybe he can share some insights on his experience so far. If it wasn't for the crime problem, I'd love to live in Rio.
agalt
2017-05-24 08:30
es cazu is quite nice
agalt
2017-05-24 08:31
the isralies i worked with in the shopping mall in the states liked to vacation there
agalt
2017-05-24 08:32
cash mall kiosk business is cool if you have a "niche" product
agalt
2017-05-24 08:33
"yeah, we process credit cards, but cash discounts are also available" is a very common phrase at the end of the checkout process.
jase
2017-05-24 17:24
I know a guy with a business sponsored by Startup Chile. He loves it down there.
philippe
2017-05-24 17:52
Good deal
emondpph
2017-05-25 08:39
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johncitizen
2017-05-25 09:33
I'd love to get on startup Chile
jase
2017-05-25 10:34
Sounds like a great program @johncitizen. I believe there's a solid "giving back" component - giving talks and the like.
jase
2017-05-25 10:35
But that's likely a great thing.
architect
2017-05-25 12:27
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2017-05-28 14:28
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2017-05-30 10:56
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2017-05-31 15:36
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nickc
2017-06-01 07:53
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2017-06-06 04:57
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nickc
2017-06-08 09:34
Hi, new here. Living in Netherlands, have a company there but never work there. Active in sports, doing several events all over the world. Trying to minimize my tax burden. which is quite high in the Netherlands and feels bad since I am out of the country half of the year and don't actually do any work there. Hoping to find some good information here. Any tips are very welcome.
pragmatic
2017-06-08 09:37
How do you earn your money?
jase
2017-06-08 09:38
What sports @nickc ?
pragmatic
2017-06-08 09:38
I assume you're an EU citizen, I'd look into Malta residency: https://www.freedomsurfer.com/malta/
danz
2017-06-08 09:42
@nickc, welcome fellow Dutchie
nickc
2017-06-08 09:44
Motorsports, get paid for my services which are always outside of NL. My company has contracts with several constructors.
nickc
2017-06-08 09:45
Thanks @danz
nickc
2017-06-08 09:47
Optimally I would keep living in NL, but that's probably not going to be possible if I want to somehow decrease my tax burden.
nickc
2017-06-08 09:48
Anyway, have been reading a lot and so far this Slack has been very interesting
danz
2017-06-08 09:49
You can still live there for a nice part of the year with a good set up, just not the full year
nickc
2017-06-08 09:50
Since I am travelling a lot already, that should be possible. But, how does that work when you are married :wink:
agalt
2017-06-08 09:52
Lots of options exist. Simon has great articles up on the site that may present some options
agalt
2017-06-08 09:56
Welcome also
jase
2017-06-08 09:59
Very cool @nickc. Andorra is actively pursuing pro cyclists and typically MotoGP riders, but lots of MX, enduro and rally drivers here too. My neighbour is an ex-Spanish MX champ. If it interests you to visit at some stage I'm happy to introduce you to a few contacts. I don't sell anything or receive any $$.
stoplight
2017-06-08 12:49
Welcome @nickc ..awesome?making money in motorsports?once upon a time I had a similar dream?sadly?.I wasn?t young and fast enough?lol! :smile:
gregor
2017-06-10 15:08
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mescos
2017-06-11 15:06
@simon @philippe - is Chile?s ?tax exemption on foreign-sourced income? for PR automatic or are you required to formally apply/submit additional paperwork for it?
philippe
2017-06-11 15:07
Good question
simon
2017-06-11 16:27
From what I've heard, the first three years is automatic. You need to apply for the three year extension after that.
danielabagnale
2017-06-12 03:10
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mescos
2017-06-12 15:30
@simon - Have you seen any legal opinions on this in Spanish? Is the law vague on this or does it specifically mention the foreign income exemption?
Also, what department handles applications for the extension? Do they provide criteria for what would warrant an exemption or is it vague?
simon
2017-06-12 15:45
From the Deloitte files
simon
2017-06-12 15:45
@simon uploaded a file: https://freedomsurfer.slack.com/files/simon/F5RQ0GC1F/image_uploaded_from_ios.jpg
simon
2017-06-12 15:45
In English on the SII site: http://www.sii.cl/aprenda_sobre_impuestos/estudios/sistemrenta_ingles.htm
simon
2017-06-12 15:46
The way it's worded makes me think the first three years is automatic
simon
2017-06-12 15:47
It doesn't say what are the requirements (if any) for the extension
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2017-06-13 02:20
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benjamin
2017-06-14 13:20
Hi, I'm new. I live in Australia and have a company here (eCommerce) as well, looking to set up my first offshore company for various reasons.
Number one is for legal reasons in regards to a product I want to sell in Australia but can't do so via normal methods as it will costs $100k + in regulation fees for it to be approved which isn't an option for me right now. I can avoid this with the "import for personal use" loophole by incorporating and sending goods from overseas.
Number two is to get started with minimizing my tax for the future.
I'm leaning towards Hong Kong and using Bridges to help get things set up. I'm a complete rookie with all of this so any advice from anyone is very much appreciated. I just want to get things set up quickly so I can start selling my new product legally.
benjamin
2017-06-14 13:37
Bridges is just an accountancy firm in HK (http://www.bridges.hk/en/home.php). The main thing I'm worried about is setting up the bank account and bridges are supposed to have a high success rate with helping you get approved. I think they're expensive but I really have no idea as I've only just started the process of looking into my best options.
Yes, audits are mandatory which is annoying but my books will be in order anyway, it will just be the added cost per year which are a pain.
HK is close to Australia and I deal a lot in China so it just makes sense to set things up there, but I'm open to other locations, As long as the country is legit and isn't a pain to get things set up quickly.
benjamin
2017-06-14 13:50
Really? I was under the impression that Singapore is much more complicated and expensive to set up and maintain a trading company. Do you recommend an agency to help set things up in Singapore?
mescos
2017-06-14 20:21
@benjamin - For Singapore, make sure to factor in the cost of the nominee director. Not uncommon for firms to charge $2k-3.5k SGD per year for a nominee director and require additional deposit of $2k-5k. Make sure to confirm director pricing upfront, some firms have inflated prices.
kl5340dc
2017-06-14 21:06
I used bridges since several years for accountancy, they're okay but expensive
kl5340dc
2017-06-14 21:06
jumpstart is good for setting up new biz
benjamin
2017-06-15 03:41
@kl5340dc Are you still using them? Were there any hidden fees not explained at the start of the process?
@brian Yeah, the time factor I haven't looked into yet, I'll have all the books pretty clean in xero so hopefully its not a pain or time intensive. So far the quotes I have received from Bridges aren't unreasonable, $2700AUD to set everything up, Audit fees approx $1300AUD per year and also another couple of thousand a year from year two onwards. Is there something I'm not factoring in?
@mescos Ah, the nominee director is a fairly big cost but I suppose it cant be avoided. This might be the tipping point for me to choose HK. Not sure yet.
benjamin
2017-06-15 04:36
@brian Yeah, I think the price is quite high, the only reason I'm contemplating using them is the help with opening the bank account. They organise the bank manager to do the interview in Bridges office so the set up should be smoother.
Its about $1600AUD for the company set up which includes the government fees etc but then the rest is things like company address for the year (They are definitely overcharging for this $900AUD/year), local secretory, 500HK petty cash for random expenses throughout the year and I think 500HK for the address bond which is refundable.
I definitely think I could do this cheaper but having no experience in this field I'm willing to spend a bit extra my first time.
benjamin
2017-06-15 04:55
@brian I've been told the banks are very difficult now. Almost impossible for USA citizens, hopefully being Australian and with current revenue will make sure I get the bank sorted easily.
simon
2017-06-15 05:14
@benjamin I live in HK so I'm quite familiar with the local banks. Most now require proof that you actually run a business in HK (such as an office, employees etc). Some will open an account even if you have no local ties but they will require proof of business activity, invoices and the likes. If you choose the HK route, definitely plan to stay at least a week in the city to make sure you have time to open the account.
simon
2017-06-15 05:16
@benjamin Have you considered other countries? The UK for example is a lot cheaper, opening a bank account remotely is possible, there is no annual audit (unless you run a large company) and you can run the company tax-free (on the UK side, you will still need to pay the relevant taxes on the Australian side).
benjamin
2017-06-15 05:35
@simon I was planning a maximum stay of a week, is this too risky or should I allow more time? I'm choosing Asia over as the product I'm selling doesn't have as strict regulatory control. That being said USA the product is approved so its either USA or HK looking like the best option. In the UK I would have a similar problem as Australia with the regulatory issues.
benjamin
2017-06-15 05:44
Its just a low risk beauty product, Class 1
its being sold by hundreds of companies worldwide. There are lots of Australian companies selling the product but I know are not within the law. I could sell it the same way but it technically is illegal so I'd rather avoid any risk plus getting started with setting up offshore entities is something I've wanted to do for a while anyway @brian
kl5340dc
2017-06-15 06:47
@benjamin I'm still using bridges, not found any better accountant. They're expensive but they're doing good work.
benjamin
2017-06-15 07:27
@kl5340dc What are you general costs per year using them? I'm worried that once I get things going they're going to all of a sudden be dropping fees for things I was unaware about at the start.
kl5340dc
2017-06-15 08:04
It depends on the size of your business, how many invoices etc
kl5340dc
2017-06-15 08:06
more transactions -- you pay more
kl5340dc
2017-06-15 08:06
more money you make - you pay more
benjamin
2017-06-15 08:17
@kl5340dc Ahh so are you paying them to also do your bookkeeping etc?
simon
2017-06-15 08:18
@benjamin Between the two, the US could be a better option. Setting up an LLC costs a fraction of what it costs to setup a HK company, banking is easier, payment processing is cheaper etc. You also save tons of money in compliance as single member LLCs are treated as partnerships for tax purposes in Australia (you simply add the profits to your personal tax return).
agalt
2017-06-15 09:00
@simon is right. The us is a great option. You can use an offshore trust to to hold the us company or a georgian joint stock company offers holding via paper shares if you want liability protection and privacy.
agalt
2017-06-15 09:07
There is a way to operate a us company tax free if you don't have us sourced income. If you have us sourced income, there are ways for your profits to be taxed as capital gains if done correctly. If not done correctly this process ends up being a train wreck as you can see on the #taxation thread
harvie
2017-06-15 09:16
@brian I paid $700 to setup using Jumpstart offices and found an accountant on Upwork for $900yr after talking to him about how many invoices I'd have per year (USD). No hidden fees but it's not been a year yet.
kl5340dc
2017-06-15 09:37
@benjamin yes bridges for accountancy. For setup I used jumpstart, I also use jumpstart for virtual office, mailing, etc They're cheaper than bridges but maybe more messy.
harvie
2017-06-15 09:39
Also I should mention that I spoke to 2 diff accountants, once told me his services were $2700/yr the other said $800. I would shop around. I asked them both a ton of questions and they both said pretty much the same thing and I ended up going with the cheaper one.
agalt
2017-06-15 12:10
If you really want to pay someone to keep books. A book keeper in Tbilisi will keep track of details for you, and write off your expenses for 50-70 dollars a month (base price) with the Estonia style tax system, you can write off your expenses by having an offshore or us llc company suck all of your profits out tax free.
2017-06-15 12:31
This message was deleted.
agalt
2017-06-15 12:35
No. If it were not for the eu nonsense i don't think they would bother to collect taxes they make money on vat taxes.
agalt
2017-06-15 12:36
Why would you not use a georgian company. It is taxed at 0% for software exports. That is more simple
pragmatic
2017-06-15 12:37
@brian Applying for the Virtual Zone for IT isn't expensive, it's just an application form
pragmatic
2017-06-15 12:37
It's not a physical zone
pragmatic
2017-06-15 12:38
Okay... I don't consider than expensive
pragmatic
2017-06-15 12:39
For the IT virtual zone, yes
pragmatic
2017-06-15 12:39
Well, you need to wait for their approval
agalt
2017-06-15 12:39
Yeah so georgian company. Georgian payment processing. Then you have a us llc that is invoicing the georgian company so thatbit does not profit. Why do people make this so hard
agalt
2017-06-15 12:40
Its how they are set up by who. Then later on you use the same lawyer for something bigger as you grow
agalt
2017-06-15 12:41
The jsc can be privately held with paper shares. What is your privacy worth @brian
agalt
2017-06-15 12:42
It can also hold companies as well outside of Georgia.
pragmatic
2017-06-15 12:44
Well, I won't be doing the form myself, but check out the link above
pragmatic
2017-06-15 12:45
My understanding is that LLC works too
alexanderhay
2017-06-15 12:52
@brian . Not how it works. You do not have to set up the company in a tax free zone. Incorrect. It is a tax exemption that requires a separate applciation, but once approved is good for all companies established in Georgia.
alexanderhay
2017-06-15 12:52
I suggest you get another lawyer. Sounds like you found someone who doesn't know very much at all.
agalt
2017-06-15 12:59
Being cheap with lawyers and your legal strategy leads to this confusion. A good lawyer saves your ass in the long run. Buy once, cry once.
alexanderhay
2017-06-15 12:59
@brian, I try to bite my tongue almost every time you post. I just hope no one follows your advice.
harvie
2017-06-15 15:39
brian: yes I was
stoneagezen
2017-06-15 21:06
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stolzlos
2017-06-17 08:35
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evl4r
2017-06-17 12:07
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evl4r
2017-06-17 12:12
Hi guys just wanted to introduce myself here. I'm a fairly new Forex trader, getting to the point where I am ready to set off and live the nomad lifestyle. First came across freedom surfer when hunting for the correct way to set up an offshore business (behind trust and foundation) whilst remaining a UK tax resident. Freedom surfer set me on the more transparent and safe path of going for tax residency in a territorial tax jurisdiction. I'm here because I want to chat and share ideas with people with similar values. Living internationally, earning jnternationally. Living the dream!
stolzlos
2017-06-17 13:26
Hello everybody. I am an employee for a company in the semiconductor space and trying to make a buck or two trading cryptos and stocks from time to time. I have been a bit more successful as of lately and realized that it is time that I face taxation seriously. Hope to learn a lot here.
evl4r
2017-06-17 13:54
Looks like we're in a similar boat! Where are you based?
stolzlos
2017-06-17 14:29
indeed. Germany. And you?
evl4r
2017-06-17 16:12
UK
roman
2017-06-17 17:27
@stolzlos successful with crypto? I'm about to jump in. Any pro tips for a newbie? :)
stolzlos
2017-06-17 17:31
@roman I started trading cryptos only last year and surely am no pro yet. Wish I would be. Also there is a million ways to trade. We could have opposite opinions and still both make money.
stolzlos
2017-06-17 17:33
@roman That said, this is what I learned. Don't short that stuff. Mathematically it just does not make a lot of sense. And if you look at charts, rather look at USD based charts. BTC based charts mix in the volatility of BTC which makes them double as hard to read.
stolzlos
2017-06-17 17:35
@roman trade small amounts only. Especially if you just start. You can multiply your money 10 times, even 20 times if you have the stomach for it. No need to rush. Go big only from your profits.
roman
2017-06-17 17:36
Thank you for the info. This is good stuff. The
roman
2017-06-17 17:37
Ya I was thinking of putting in some. Double that. Then take out the initial investment and use the rest to trade.
roman
2017-06-17 17:37
Was going to put it all into ETH since it seems to be ripe for growth.
stolzlos
2017-06-17 17:37
@roman and for the current market. man, all the stuff had quite a run. and with that possible hardfork coming up there is a lot of unknowns. Real Pros are indeed dumping so I am sitting in cash and "hope" for a total bloodbath.
roman
2017-06-17 17:38
What are your thoughts on flippening?
stolzlos
2017-06-17 17:38
not sure what you mean
stolzlos
2017-06-17 17:41
ah, ok. yes, that will eventually happen. ETH is a good contender.
stolzlos
2017-06-17 17:42
bitcoin has lots of problems and they are not really getting solved. Just a matter of time.
otkeedca
2017-06-17 17:46
I have a little bit in IOTA right now, it just launched on the exchanges a few days ago, but has been around for a few years trading OTC
stolzlos
2017-06-17 17:46
@roman and one more thing for cryptos. Avoid low liquidity coins. There is just no point. Sometimes they get kicked out of a market and you are screwed.
danz
2017-06-18 03:50
True, I would say go only for the top 100 coins. The rest has a lot of coins that are quite shit, I would dare to put money on those.
johncitizen
2017-06-18 09:24
Make your own token ICO for shit coins
johncitizen
2017-06-18 09:25
You'll make solid money pumping crap as well
evl4r
2017-06-18 09:55
I'm an experienced forex trader starting to look into crypto. At the moment the markets are too new to show any predictable patterns or movement, and they geopolitics surrounding them leave so many unknowns in the future. Sure, there's a big opportunity there, the rise could be meteoric. The question I ask myself is, if everyone and his dog has just started to notice, that's usually the same time as the seasoned investors and experts start to get out of the market. Once mass media hysteria gets involved, it becomes a gamble.
Another issue is, everyone has a strong opinion on this, and so its not hard to find people that agree with your sentiment, which can lead to false sense of belief that everyone agrees with your opinion. That's just my 2 cents as a day trader who thinks probabilistically. If you don't have experience in any sort of trading (although it sounds like most of you do!), jumping in with crypto is high risk.
harvie
2017-06-18 10:56
@evl4r good points. Just the other day a friend came over to my place asking to buy the token Golem because his other friend said it was only $.50cents and could get to $1k one day. I have no idea where this market is heading I fear a big correction is due soon.
However if you have balls of steel you can also make 100%+ ROI within a few weeks which you just cannot do in any other market at the moment.
I'm slowing cash out my profits as I cannot take the swings and feel there's too many people at the table now.
evl4r
2017-06-18 11:06
You're absolutely right there. The potential is huge. A knock on effect of such huge moves upward means that a lot of investors/traders are left with a false sense of security that it will never stop/they cannot be wrong. As you say, the correction is what I am waiting for. There has been a minor correction the last week in ETH and BTCUSD but not major enough for me to consider the market locked and loaded for another huge rise.
What is golem? Another currency? There's too many to keep track of!
evl4r
2017-06-18 11:07
One thing that does interest me is the ICO's of some of the companies running on ethereum. Like Aragon.
evl4r
2017-06-18 11:08
What's really going to make or break it for me is the reaction to the next big recession/major world event. Will crypto become a safe haven like gold is now? If the general market start to trust it as much as a commodity like gold, then I would completely buy into the predictions of 50-100k per coin.
johncitizen
2017-06-18 11:19
Well bitcoin is listed on a ticker in the NYSE
johncitizen
2017-06-18 11:19
As of a fortnight ago
evl4r
2017-06-18 11:24
Oh cool
stolzlos
2017-06-18 14:00
@harvie I am with you. Bitcoin will cause quite a stir with the ongoing problems and upcoming updates around August. Chance that this will break the market is quite high. It was a good run. Time for a huge washout.
johncitizen
2017-06-19 01:57
Any ideas what I can spend my bitcoins on that I wouldn't be able to buy with cash.
johncitizen
2017-06-19 01:57
I see interesting things like this.
johncitizen
2017-06-19 01:57
@johncitizen uploaded a file: https://freedomsurfer.slack.com/files/johncitizen/F5WCVK7F1/image_uploaded_from_ios.jpg
roman
2017-06-19 02:43
Hahahaha
pragmatic
2017-06-19 07:43
It's $900 per car...
johncitizen
2017-06-19 08:26
Really I think what this guy is doing is leasing the cars to Drivers under Uber's fleet deal
johncitizen
2017-06-19 08:28
When I was last in Singapore, my Drivers mostly all hired cars for the day to drive on uber
johncitizen
2017-06-19 08:29
Now I understand how it works, cars are registered with uber fleet, Drivers sign into cars.
johncitizen
2017-06-19 08:31
Also, all these Drivers were using both uber and Lyft simultaneously.
roman
2017-06-19 20:42
Common scheme in Ukraine too. Many drivers I talked to didn't own their cars.
roman
2017-06-19 20:42
Same with tuk tuks in Thailand. Many drivers rent them for daily rate.
johncitizen
2017-06-20 04:22
Sell picks, shovels and beer ;)
jase
2017-06-20 10:08
chaostar
2017-06-20 18:43
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stoplight
2017-06-20 22:51
it is not uncommon to see uber cars not owned by the driver..many have a daily ?flat rate quota? with the car owners..it can be profitable but their will be problems..depending on your driver..if he is careful with the car or not?because some drivers won?t care so just that they can meet the quota..
johncitizen
2017-06-21 00:24
Basically you own a car rental company with checkouts
johncitizen
2017-06-21 00:24
And accordingly need a good manager to check vechicles and not take the piss
stoplight
2017-06-21 01:16
*there
fish
2017-06-21 04:59
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skat
2017-06-21 10:36
@fish hey hey :wink:
pascal
2017-06-21 11:26
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v
2017-06-21 11:38
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mikeseo
2017-06-21 12:11
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fish
2017-06-21 12:16
@skat hello hello
agalt
2017-06-21 12:16
greetings new members. May the force be with you :slightly_smiling_face:
fish
2017-06-21 13:31
@agalt Many thanks!
mikeseo
2017-06-21 14:06
Hi guys, anyone have experience with Philippines taxes? I'm just getting my resident visa here and read that foreign sourced income is tax free for resident non-citizens :sunglasses:
stoplight
2017-06-23 04:14
welcome new members! :slightly_smiling_face:
stoplight
2017-06-23 04:18
@mikeseo congratulations and welcome to the Philippines. :slightly_smiling_face: ?there are some good tax lawyers that specialize on that?sadly I cannot recommend anyone at the moment as our law office is not too involved with expat tax services?what you can do is try to google some and share me your prospects once you?ve made your selection and i?ll have them background checked to see if they can deliver? :slightly_smiling_face: ?
stoplight
2017-06-23 04:21
Also, if you have a digital company and receive funds on your personal account in the Philippines, there are some ways to not necessarily need to declare anything to the Bureau of Internal Revenue. Although should you open a local company and receive funds through that, it will surely complicate things. May I also ask what resident visa you took? Did you take the SRRV?
millnmd
2017-06-23 04:34
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mikeseo
2017-06-24 00:50
@stoplight Thanks, it's the 13a marriage visa. I do have a digital company with a foreign corp and banking already so I'm not planning on opening a local company nor local bank. Have you heard anything about what the BIR plans to do with the AEOI?
stoplight
2017-06-24 20:47
@mikeseo ?oh?well being married might complicate some things but will also definitely help you in many others.. :slightly_smiling_face: ?I think as long as you keep your foreign company ?foreign? then you should be ok..and of course most of the money can come in to your wife?s account?then that should also fly under the radar?as long as you don?t start sending in millions of dollars?you should be fine?lols! :smile:
Ah?the BIR?my least favorite government agency in the country?the sole reason why I got into the whole ?offshore? scene because they fcuked me up 3 times while I lined up lots of their pockets in the process??if you see a burning BIR office?don?t look at me?somebody did it for me! lols!? :smile: ?.anyway?..the good thing about the Philippines not signing up yet with AEOI is that everyone?locals and resident-foreigners alike?will be safe from prying eyes?FATCA aside of course?bank secrecy is still on a high and may take some time to ease. Sure, there are many sectors that want that secrecy wall down including the President but many of the people in power won?t like that because they?ll be exposing themselves?.so currently it?s taking a back burner being stopped at Senate. It?s also a good thing that the current BIR Commissioner is so focused on his internal cleaning and weeding out people from the commission. Of course, that?s expected. One thing that I particularly like about him, at least in my opinion is that he is not really a tax professional nor a tax lawyer for that matter so AEOI/CRS could be on the agenda but not a personal priority unlike the previous commissioner who even attended OECD activities. He lacks the experience and know-how and will play catch up and for the next few years, he will be busy making a name for himself because he is relatively unknown. He will focus efforts on local tax evaders instead of AEOI/CRS because these acronyms mean jack shit to the locals and won?t get you votes if you start saying that you will tax their relatives abroad who send them money. The BIR will continue their efforts in getting taxes from the local middle to high income people and will continue taxing the already highly taxed population. In fact, as you may know they?re increasing excise taxes on brand new cars starting next year till 2020 so if you have plans to buy a car, you have until the end of December to do so at the current prices. Here?s some info about the current BIR commissioner.
http://www.businessmirror.com.ph/birs-dulay-earning-his-stripes-at-25/
http://www.gmanetwork.com/news/money/economy/599664/300-bir-employees-resign-after-crackdown-on-corruption/story/
But don?t rest easy though, there is still some pressure from outside sources on AEOI/CRS but again?.it?s not a priority unless somebody starts saying to President Duterte that AEOI/CRS is funding the drug pushers! ..I don?t know how they will translate that into something he can understand but hey?ya never know! Lols! :smile: ?here?s a recent news clip where Credit Suisse is essentially ?complaining? ?lols! :smile: ?
https://www.pressreader.com/philippines/the-philippine-star/20170413/282024737126374
I always say to folks here on the forum that you are welcome in the Philippines?.you get tons and tons of benefits for not being Filipino?residency, banking, cost of living, etc. are all favorable to foreigners?..while if you?re from there like me?..well you end up just leaving if you know what?s good for you! Lols! :smile: ?
mikeseo
2017-06-24 23:33
@stoplight hah ya I can sympathize being from the US. Interesting to know the AEOI status here, thanks for that. Are you living in the Caribbean full time?
stoplight
2017-06-25 00:24
@mikeseo ? :slightly_smiling_face: ..your welcome?nope?no plans yet to live here full time?I shuffle my year between Vancouver, Manila and the Caribbean plus other parts of the world where there are related business interests??.living in Manila is just so much more fun and cheaper and plus my body will miss the pollution, the traffic and the crowded malls! :joy: :laughing: :sweat_smile: ?so I hope to see you when I go back there and we?ll all get together with the other blokes who drop by regularly like @harvie ! :smile:
harvie
2017-06-25 03:23
@stoplight my third trip in 5 months, I'm running out of reasons to tell my gf why I'm going back :joy:
mikeseo
2017-06-25 10:37
@stoplight what's been the most liveable city in the Caribbean so far? Liveable meaning similar to BGC or Singapore or Panama City or Vancouver. Movie theatre, mall, nature/park, not too touristy, offices, few hundred thousand people +
stoplight
2017-06-25 18:38
@harvie hahahah?don?t look at me?I have absolutely nothing to do with that! lols!!! :joy: ..I keep secrets to the grave? :joy:
stoplight
2017-06-25 19:19
@mikeseo ..well..that?s both a difficult and easy question as well?the Caribbean region is huge?that can mean anywhere from Havana, Puerto Rico, Jamaica, Dominican Republic all the way down to Aruba, Curacao, Guyana or even parts of Venezuela itself?but based on your requirements?the ?few hundred thousand people? greatly limits your choices.. :smile: ?you scratch out most if not all the small island countries because some of them like St. Kitts only have 50,000 people?Dominica about 70,000 ? :smile: ?the closest that will fit your requirements?will be Port-of-Spain, the capital city of Trinidad & Tobago?.you got a bit of BGC, Singapore, Panama and Vancouver in there?.a diverse mix of cultural heritage?Indian, African, Chinese, European and even some Middle Eastern roots?and its the third richest country per capita after the U.S. and Canada because it produces oil and petroleum related products?its an industrialized country with a major city just like what you would find in the U.S. or Canada?complete with high-rise buildings, highways and all that but with a much smaller population?.Trinidad & Tobago has about 1.5 million people only and its a big country still with lots of unpopulated land?english is the national language so you don?t have to worry about?everyone can speak it with a Caribbean accent of course? :smile: ?the Trinidadian Dollar (TTD) is also quite strong?currently a bit stronger than the Hong Kong Dollar at about US$1 = TTD$6.7 ?.there is also a large expat community because of the country?s status?..in fact down the road?i?m planning to actually spend some time there and put up whatever I can?.it?s a good base in my opinion?.though sadly you won?t have the same tax advantages like what you would have in the smaller islands of St. Kitts or Antigua?corporate income tax and personal income tax in T&T is 25% while VAT is 12.5% ?they do have territorial taxation though?
?if you want a fully industrialized ?North American? city with some Caribbean/Spanish flavor to it and some regular cruise ships on the horizon?Trinidad and Tobago is the place to go?it?s not fully under the radar but it?s also not completely above the water for everyone to see?.you mention ?Port-of-Spain? to anyone on the streets of Manila, Bangkok, Toronto or New York, chances are, only 1 out of 10 people would know where it is?.if at all?
gmarkey
2017-06-26 00:15
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2017-06-29 14:51
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2017-07-04 13:34
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2017-07-04 13:56
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2017-07-04 19:02
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janemac
2017-07-05 12:10
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jemmasta
2017-07-06 07:39
hiya all, new member working towards freedom, glad to join :slightly_smiling_face:
tkrunning
2017-07-06 07:40
Welcome @jemmasta!
stoplight
2017-07-06 22:24
welcome @jemmasta
jemmasta
2017-07-06 22:27
Thanks
etperth
2017-07-13 08:16
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jsimps28
2017-07-13 10:09
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etperth
2017-07-13 15:09
Hey guys !
etperth
2017-07-13 15:09
New members just came in today
stoplight
2017-07-13 21:17
Hi @etperth welcome!
agalt
2017-07-13 21:27
greetings. What country are you in currently?
etperth
2017-07-13 21:32
Hey guys ! I'm in Germany right now !
etperth
2017-07-13 21:33
Just got into this group so maybe I can find some solutions
etperth
2017-07-13 21:33
:smile:
tkrunning
2017-07-13 22:59
Welcome @etperth !
etperth
2017-07-14 07:27
Hey Hello @tkrunning
agalt
2017-07-14 17:09
Greetings : @etperth what do you do? What ideas are you most interested in the next 5 years?
etperth
2017-07-14 21:48
Hey @agalt ! I'm running two ecommerce stores at the moment ! What about you ?
For the next five years I want to grow my online business & also help local businesses with their digital marketing !
I also want to get more involved into Cryptoooo $$
agalt
2017-07-15 06:47
We (the company) help people when they land in new cities globally by giving clients personal assistants that are locals. Import / export. Consulting, and some other stuff.
etperth
2017-07-15 18:40
Nice where are you based ?
agalt
2017-07-15 21:23
Republic of Georgia
agalt
2017-07-15 21:24
Ussa national. Left amerika September of 2015
soebusiness
2017-07-16 12:30
@agalt, I've heard that marijuana was decriminalized in Georgia, wasn't it?)
agalt
2017-07-16 12:31
Uh, that's a complicated question. I smoke here, but you need to be very careful
agalt
2017-07-16 12:32
Find the right bars and the right friends. Don't ask for it or bring it up, but if you get to know people they will open up.
agalt
2017-07-16 12:47
I won't help clients get it here and I don't buy it for myself.
janemac
2017-07-16 16:22
Hi all, happy to be here and looking forward to learning. I'm already digital nomading and an Estonian e-resident, but there's much I need to learn about banking, investing, finance, etc.
danz
2017-07-17 01:16
@janemac, welcome
agalt
2017-07-17 10:32
Welcome @janemac
stoplight
2017-07-17 23:30
welcome @janemac
ivo
2017-07-24 08:46
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ivo
2017-07-24 09:13
Hey Guys, pleasure to join. I'm Ivo, a german citizen, maltese resident, currently travelling Eastern Europe and Central Asia. I'm a professional forex and futures trader and working on setting up a platform for the distribution of my proprietary trading application.
agalt
2017-07-24 10:17
greetings @ivo Another fan of Eastern europe :smile: Central asia? what parts?
ivo
2017-07-24 10:19
I'm in Odessa at the moment, will be in Kiev for the weekend. Next week I'll go to Georgia for two weeks.
agalt
2017-07-24 10:33
awesome. Ive been living in georgia for the last couple weeks. Ill be here awhile longer. Applying for citizenship soon among other projects.
agalt
2017-07-24 10:34
came here first in the winter of 2015
ivo
2017-07-24 10:37
Oh, sweet - where're you based?
stoplight
2017-07-24 15:29
hello @ivo and welcome? :slightly_smiling_face: ..central asia? nice..if you ever happen to be in Manila, let me know?as I might be in town as well! :smile:
yannerbp
2017-07-25 22:46
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2017-07-27 11:06
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globalconsulteurope
2017-07-27 12:31
Hey @ivo, mentioning Eastern Europe why not come over to Bulgaria, too? If you have any way through Sofia or seaside let me know:) cheers!
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2017-07-28 17:39
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salliecookies
2017-09-01 15:13
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patjk
2017-09-05 02:45
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patjk
2017-09-05 02:49
Hey all, I'm Patrick from the US, though have lived outside the US for several years. Glad to be here.
freediddly
2017-09-05 12:11
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bravo17
2017-09-05 13:21
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stoplight
2017-09-05 15:01
welcome @patjk !
patjk
2017-09-06 00:17
@stoplight Thanks, glad to be here. Are there many other Americas here?
mikeseo
2017-09-06 01:20
I'm American living in Manila
patjk
2017-09-06 01:50
Manilla, eh? What are you doing there? Love the Philippines
mikeseo
2017-09-06 02:54
married a filipina, found out they don't tax foreign income of resident aliens, got a visa and condo :slightly_smiling_face:
patjk
2017-09-06 03:56
Haha, fair enough if I saw so myself
patjk
2017-09-06 04:15
say so myself*
stoplight
2017-09-06 04:34
@mikeseo ..i?m back?let?s grab a bottle or two one of these days.. :wink:
mikeseo
2017-09-06 09:34
:+1:
ken
2017-09-12 23:01
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ken
2017-09-12 23:04
Hey all, I am Kenneth,a Belgian citizen, Maltese resident. Starting a business in Online Marketing + a strong cryptocurrency believer and investor. Glad to be here :slightly_smiling_face:
stoplight
2017-09-13 05:04
welcome @ken
skat
2017-09-13 08:12
@ken welcome! You may find #bitcoin channel interesting :wink:
globalconsulteurope
2017-09-13 09:12
Welcome, @ken :slightly_smiling_face:
clr
2017-09-13 11:18
Welcome @ken . I am another Maltese resident and cryptocurrency enthusiast. There is a Bitcoin meetup in Malta at the end of September. You can look it up in Facebook if you are interested.
ken
2017-09-13 16:19
@clr awesome, not in Malta yet, probably going back in January if all goes well
admin
2017-09-18 10:36
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c-bass
2017-09-21 08:48
Hello everyone. I'm Sebastien, a Canadian resident who quit his corp job 4 years ago and travelled 2 of those. I'm back home for a few months but can't wait to get back on the travel road. Planning to explore Europe a bit since I never have much yet. Really appreciate the resource that this community represents! Am hoping to learn and share a lot with this community over time.
globalconsulteurope
2017-09-21 09:19
Welcome on board, @c-bass! Feel free to contact me if you decide to visit Bulgarian or neigbour countries :slightly_smiling_face:
maxsuur
2017-09-21 10:28
welcome @c-bass!
c-bass
2017-09-22 02:19
thanks @globalconsulteurope! Bulgaria is actually planned in the spring! I'm really excited about spending a few months in Plovdiv
stoplight
2017-09-23 07:43
welcome @c-bass! :slightly_smiling_face:
bns200
2017-09-25 00:42
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2017-09-25 08:28
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2017-09-28 08:17
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ken
2017-09-28 19:59
Plovdiv is a really nice city @c-bass, been there and also Sofia , and liked it a lot more than Sofia
silviu_ruj
2017-10-06 17:27
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2017-10-08 11:11
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ivan
2017-10-22 18:34
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ivan
2017-10-22 19:11
Hi everyone! I'm Ivan from Argentina. I own a small but growing web development business. which I've been building for the past 1.5 years with the objective of being location independent with my wife and baby daughter. I'm in the middle of incorporating my business as an IBC in Belize and I'm full of questions (I've met with several accountants and recently found one who seems quite knowledgeable on the matter). My reason for joining the community is basically learning and helping other people as I get to know more.
skat
2017-10-22 19:15
Welcome Ivan!
skat
2017-10-22 19:15
Hopefully you can find answers to your questions here
ivan
2017-10-22 19:17
Thanks @skat!
ivan
2017-10-22 19:18
And as I was just mentioning in #business anyone having web development related questions feel free to ask me and I'll gladly help with what I can.
skat
2017-10-22 19:20
@ivan your web development business has some specialisation? your building green field projects?
ivan
2017-10-22 19:22
We're mostly focused on inbound marketing + web development for start ups. But have been offering all sorts web development based services, such as white label services for other agencies.
ivan
2017-10-22 19:22
What do you mean exactly by greenfields projects? You mean if we do all sort of projects?
ivan
2017-10-22 19:22
@skat
skat
2017-10-22 19:35
@ivan greenfield project -> developing a system for a totally new environment, without concern for integrating with other systems, especially not legacy systems.
skat
2017-10-22 19:38
?web development? is such a broad category right now.
ivan
2017-10-22 19:40
You're right, we develop websites mostly, not focused on web apps at the moment.
skat
2017-10-22 19:40
@ivan wordpress?
ivan
2017-10-22 19:41
Yes, if the client is very insistent we use Wordpress. Most of the time it's an overkill. You're a developer yourself?
skat
2017-10-22 19:43
@ivan i consider that developer is not broad enough term to describe me :stuck_out_tongue: but i can code a bit :slightly_smiling_face:
ivan
2017-10-22 19:43
Hahaha
skat
2017-10-22 19:45
@ivan you told that wordpress is probably is an over-kill. maybe you heard about https://jamstack.org/ ?
ivan
2017-10-22 19:49
Not really, but I'm sure the devs in the team did. We're using Vue, Hugo and Jekyll lately. And Wordpress, many clients ask for it.
ivan
2017-10-22 19:50
Looks like many of our projects would qualify as jamstack
skat
2017-10-22 19:56
@ivan hugo seems like a solid choice. they even have themes :stuck_out_tongue:
ivan
2017-10-22 19:59
It's quite good, yes. Jekyll has a strong community but can get slow if the site has tons of content.
skat
2017-10-22 20:02
@ivan yeah, it?s ruby?
stoplight
2017-10-24 08:57
welcome! :slightly_smiling_face:
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2017-10-26 20:20
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netroxx
2017-11-16 09:18
hey there
netroxx
2017-11-16 09:18
wasn't logging in here much
netroxx
2017-11-16 09:18
are your questions still relevant? where did you end up?
netroxx
2017-11-16 09:19
I've been told that a local policy is best
netroxx
2017-11-16 09:19
you can pick one for 100? just to register and then not renew it
netroxx
2017-11-16 09:20
international one could be tricky and rejected when you're applying for residence
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2018-01-18 10:24
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2018-01-19 05:54
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2018-01-20 22:11
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2018-01-25 23:47
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manishwalia53
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travelosopher
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2018-02-11 12:14
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burrup.lambert
2018-02-12 11:21
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burrup.lambert
2018-02-12 11:33
Hi all! Long time reader, 29 years old, Australian and slowly beginning my plan to plant my flags and relocate overseas. Like Simon I also trade but with Cryptocurrencies. My current plan is become a location independent trader full time, instead of only in my spare time! This may not happen for a couple years however as there are still some goals I would like to accomplish in Australia before I leave. Thanks for having me and I'll see you all around!
ahawkins
2018-02-13 00:35
@burrup.lambert welcome more crypto peoples :slightly_smiling_face: I also dabble in cryptos, but not at all a trader. It's always great to meet new faces.
ivan
2018-02-13 16:13
Welcome @burrup.lambert!
millnmd
2018-02-14 06:38
Welcome @burrup.lambert :slightly_smiling_face:
stoplight
2018-02-16 05:19
welcome @burrup.lambert
rp_vpnet
2018-02-18 07:10
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ca
2018-02-18 18:34
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aka
2018-02-19 14:56
welcome @rp_vpnet
aka
2018-02-19 14:56
and @ca
dustdancer
2018-02-23 02:04
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augustas
2018-02-23 17:49
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ledrewy
2018-02-24 01:51
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madtruckers
2018-02-24 09:44
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alex.bosyj
2018-02-25 12:58
Hi all! I'm Alex from Ukraine, I own a Facebook advertising agency :slightly_smiling_face:
piotrstelmach
2018-02-25 15:00
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freedom
2018-02-26 05:34
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thy
2018-02-28 23:49
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anemariaconcepts
2018-03-05 14:19
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ec9731a
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2018-03-08 13:26
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mart.herndz
2018-03-08 15:30
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ec9731a
2018-03-13 08:42
Hello, I am Emily from the Philadelphia in the USA. I am looking to start an online store. I am in Chiang Mai at the moment. Is anyone around here?
johncitizen
2018-03-13 10:38
Haha! I knew Emily in South Korea
sacrifice24-10-91
2018-03-14 01:59
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paul.budny
2018-03-14 13:41
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freedomsurfer140
2018-03-14 16:29
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iulian.florescu91
2018-03-15 19:08
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skat
2018-03-18 10:00
@ec9731a I'm around, but I don't have an online store (i just write ecommerce engine)
ec9731a
2018-03-18 10:20
@skat how long are you here?
ozdemir_can
2018-03-18 10:46
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skat
2018-03-18 13:24
@ec9731a at least 4 months more.
chris2224
2018-03-21 13:21
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robert.mihaila01
2018-03-26 21:08
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robert.gryphes
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2018-03-30 18:06
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iamvaillancourt
2018-04-01 02:42
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iamvaillancourt
2018-04-01 02:50
Hey all just joined, hope everyone is doing great
tha.siva
2018-04-01 09:45
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aka
2018-04-05 11:09
Welcome @iamvaillancourt
prietonicolas
2018-04-05 15:51
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amrthewrestler
2018-04-08 16:04
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skat
2018-04-09 05:14
Hey @iamvaillancourt welcome. Maybe you can introduce yourself?
millnmd
2018-04-09 05:59
Welcome @iamvaillancourt
pabloaura
2018-04-09 09:27
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markamerling
2018-04-14 17:19
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nikolay
2018-04-19 04:57
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erik.stromberg
2018-04-21 03:28
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n321
2018-05-05 06:01
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ibbyazam
2018-05-10 07:51
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ibbyazam
2018-05-10 07:58
Hey guys.
ibbyazam
2018-05-10 08:00
I'm Ibby from the Cardiff, Wales. Indian blood. Living in Shenzhen China. I run a small sourcing company here. Have been following FS for years. I finally paid up today though. Interested to learn more from everyone. :+1:
danz
2018-05-10 12:22
Welcome!
aka
2018-05-10 12:23
go Wales!
aka
2018-05-10 12:23
what do you source usually, anything specific?
maxsuur
2018-05-10 21:37
Best investment you could've made. Not just Simon's content which is stellar, but also the members who are people walking their talk.
johncitizen
2018-05-11 01:28
Welcome!
matt
2018-05-16 03:57
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asarun72
2018-05-18 00:24
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ibbyazam
2018-05-18 02:08
Thanks Max! Feeling like its a great place to learn and pick up good life hacks.
ibbyazam
2018-05-18 02:10
Source for different brands. So it's a variety. Recently its been Camping Equipment, Baby Safety, Phone Accessories, Kitchen appliances and toys.
ibbyazam
2018-05-18 02:11
I try to stay away from Clothing and Jewellery. Anything else is usually ok.
maxsuur
2018-05-18 09:37
Selling on Amazon?
vs301991
2018-05-20 07:29
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ibbyazam
2018-05-21 06:17
Majority of our products sell on Amazon yes
vs301991
2018-05-21 14:29
Hi Guys, I'm Vishal born Indian, currently in Spain with Slovenian residency, I'm into E-commerce and Private labels would love to connect with everyone here to bounce ideas off on different ways to make money and keep most of it in pocket :slightly_smiling_face:
michael
2018-05-22 00:08
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maxsuur
2018-05-22 06:18
Hi Vish, where exactly are you based in?
michael
2018-05-22 07:07
Hi Vish :slightly_smiling_face: love your profile pic!
vs301991
2018-05-22 08:29
@maxsuur I keep moving a lot, but my family is in India so I do spend significant time there.
vs301991
2018-05-22 08:31
@michael Thanks, thats from a castle in Ljubljana, Beautiful small little city.
michael
2018-05-22 09:08
@vs301991 haha.. had to google where that was... ! enjoy your travels :sunglasses:
vinodgn0088
2018-05-24 13:33
@vs301991, Holding Indian passport?
vs301991
2018-05-24 14:03
@vinodgn0088 Yes, I'm still not sure if its worth the effort to lose it and get a better one.
vinodgn0088
2018-05-24 14:22
@vs301991, Same situation. I am also thinking about getting an EU passport. But don't have Millions to buy one :slightly_smiling_face:. How did you get Slovenian residency?
vs301991
2018-05-24 22:22
@vinodgn0088 I can't peg EU passport worth in millions at least for me. Any other route takes too long and comes with restriction over your lifestyle. The way I see it a good passport gives you visa free access to rest of the world, Now for Indian passport there are like 57 countries that do Visa on arrival + some 30 odd countries also do eVISA for Indians. with EU residency you get 26 more + 6-7 Other EU countries which follow Schengen rules, Now if you have a 10 year USA B1/B2 that opens ups another 30 countries Visa free. That all adds up to about 120ish countries. China, Russia, UK, Australia, New Zealand very hard to get denied if you have the funds and above visas on your passport. Whatever is left is just a handful countries you can count on your fingers that you might visit once or twice as tourist in lifetime and some Islands that you don't even know where they are on map.
vinodgn0088
2018-05-25 01:12
@vs301991, So you got Solvenian residency this route?
vinodgn0088
2018-05-25 01:20
@vs301991, I differ from your view towards Indian passport. Even those Visa on arrival / evisa countries treat Indian passport holders badly. Faced this myself in HK, Abu Dhabi. But what you said is right, having a USA visa on passport could help better.
vs301991
2018-05-25 05:36
@vinodgn0088 yes.
nikolay404
2018-05-25 18:33
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nikolay404
2018-05-25 18:41
Hey guys and gals. I'm a Russian software maker (full-stack with focus on iOS) currently working as a remote freelancer. I've been a nomad for the last 4 years, but only recently started to learn about flag theory and currently working towards establishing a better legal structure by obtaining second residency and hopefully citizenships. And yeah, I'm also a wannapreneur :slightly_smiling_face:
musso.bros
2018-05-25 21:29
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skat
2018-05-26 07:22
@nikolay404 Welcome! We seem to be in a very similar boat (I speak russian, but was born in Estonia) -- went through freelancing, remote CTO of LA company and now already selling (well, trying) my own SaaS product :slightly_smiling_face: If you need any advice or just want to talk -- your always welcome to hit me up.
nikolay404
2018-05-26 11:55
well, having a EU citizenship is a much better boat than Russian citizenship in my opinion :slightly_smiling_face:
freedomsurfer.com
2018-05-27 17:06
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2018-05-30 11:28
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2018-06-04 10:33
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2018-06-10 13:42
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2018-06-12 11:51
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info
2018-06-28 18:35
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hello
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2018-07-03 21:59
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2018-08-07 19:34
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2018-08-14 20:59
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wimva
2018-08-14 21:08
Hi, guys. I'm Wim from Belgium.
I'm currently checking out Georgia (the country) and the UK options to get set up. Not too sure what will happen with the (soft) Brexit, though. Became a huge fan of territorial taxes ever since I heard of them 2 weeks ago.
Belgium's a bitch tax wise but I'm not in a position to move yet so we'll just have to deal with these CFC rules etc for the moment.
Any other Belgian successfully got their show on the road from the inside?
itaiohayon
2018-08-16 20:15
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szekessy
2018-08-28 18:20
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osiris
2018-09-05 19:02
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2018-09-08 10:13
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2018-09-10 07:03
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dsolutions
2018-09-16 15:42
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grante.francois
2018-09-20 04:39
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henrique
2018-09-21 02:43
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greenard23
2018-09-21 06:11
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greenard23
2018-09-21 06:14
Hi all, great site, looking forward to connecting with everyone. I'm from the UK and have been living in South East Asia for the last 6 years, primarily Thailand.
roman
2018-09-21 07:33
Hey @greenard23, where in Thailand? I?ll be in Chiang Mai between December and March.
greenard23
2018-09-21 07:33
bangkok
henrique
2018-09-21 13:00
Hey everybody, greetings from Brazil :spock-hand:
koshis
2018-09-22 03:15
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redareda9
2018-09-23 00:00
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redareda9
2018-09-23 00:06
Hey guys! I'm Reda. Currently in Bali but still French tax resident and looking for a way out haha
skat
2018-09-24 13:06
@redareda9 death is the only way out (dark humour, don't even try, please)
cliqueapp
2018-10-07 12:11
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me1892
2018-10-08 00:53
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mirceabujanca
2018-10-09 03:24
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ivan.lakatos
2018-10-09 04:15
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ivan.lakatos
2018-10-09 11:58
Hey everyone. I'm a freelance translator based in Beijing and digital nomad. Nice to e-meet you all.
bryanlum888
2018-10-10 00:04
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skat
2018-10-10 06:32
Welcome @ivan.lakatos!
ivan.lakatos
2018-10-10 07:03
Cheers ! @skat
sergiy.shlykov
2018-10-11 08:55
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bryanlum888
2018-10-11 13:25
hello everyone. Just joined from Malaysia :+1:
ivan.lakatos
2018-10-12 06:43
Welcome @sergiy.shlykov @bryanlum888
sergiy.shlykov
2018-10-12 10:24
Hi Everyone! Saying hi from Lisbon, location independent with no homebase whatsoever :face_with_hand_over_mouth:
maxsuur
2018-10-12 11:40
welcome guys!
tkrunning
2018-10-12 14:34
Hi @sergiy.shlykov! I?m also in Lisbon at the moment! How long are you in town for?
sergiy.shlykov
2018-10-12 14:46
Hey @tkrunning, i?m gonna be here for another 2 weeks. You?
tkrunning
2018-10-12 15:24
Not sure exactly, but for longer than that :slightly_smiling_face: Except heading to Luxembourg this weekend.
umgelurgel
2018-10-21 08:16
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wiksch
2018-11-03 20:10
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kiwiz
2018-11-05 03:01
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ren
2018-11-05 12:51
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aphelan1
2018-11-16 00:08
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22525
2018-11-20 14:51
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kommodis
2018-11-25 09:31
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daniel
2018-11-28 16:21
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daniel
2018-11-28 16:44
Hey guys! I?m Daniel, a software engineer working as a contractor with full location independence. Recently started looking into ways to minimize my tax burden. I?m mostly based in Australia, Indonesia and Japan.
me1892
2018-11-28 20:15
Welcome @daniel
daniel
2018-11-29 01:42
thanks @me1892!
me1892
2018-11-29 01:43
How long have you been on the location independence buzz for @daniel?
daniel
2018-11-29 01:44
I?m just getting started actually. I?ve been living in the US for the last couple of years, but going full remote now.
daniel
2018-11-29 01:44
how about yourself?
daniel
2018-11-29 01:44
I?m actually trying to figure out the best structure/residency for myself
me1892
2018-11-29 01:45
Originally from Aus?
daniel
2018-11-29 01:45
yeah, I?m originally from Aus
me1892
2018-11-29 01:45
Ah sweet, I'm a kiwi. Just figuring out how to get started
me1892
2018-11-29 01:46
Also, software engineer / marketing data consultant
me1892
2018-11-29 01:49
Looking at Malaysia as a route to switch tax residency at the mo
daniel
2018-11-29 01:50
Nice! are you a freelancer or contracted with a single company?
daniel
2018-11-29 01:50
I saw in another channel that the Malaysia MM2H program is currently suspended
me1892
2018-11-29 01:52
Single company which I'm pretty heavily invested in. Partners have given their blessing for me to go remote tho
me1892
2018-11-29 01:53
Yeah, there's a bit of uncertainty around it at the moment. I think they're reworking internal processes for political reasons so visas are not getting rubberstamped
me1892
2018-11-29 01:54
I just reached out to an MM2H agent today to start the process so if I hear anything I'll post it
daniel
2018-11-29 01:57
okay nice
daniel
2018-11-29 01:57
what kind of business are you running, if you dont mind me asking
me1892
2018-11-29 01:58
Digital marketing agency
me1892
2018-11-29 01:59
Been there 8 years, love the place, falling out of love with the city it's in though ha
me1892
2018-11-29 02:00
Time for a change of scenery
daniel
2018-11-29 02:32
nice nice
daniel
2018-11-29 02:32
have you decided on company structure / banking?
me1892
2018-11-29 02:40
Nah, it won't be possible to move the company. CFC regs are pretty tight in NZ
me1892
2018-11-29 02:40
I'd be happy with just moving my personal tax residency
daniel
2018-11-29 02:41
I see, so youre keeping your personal nz bank account and getting paid into it?
me1892
2018-11-29 02:42
I'll close it at some point during the first year aboard. To make things more clear-cut when evaluating my residency status
me1892
2018-11-29 02:44
Which options are you looking at for moving residency?
daniel
2018-11-29 03:24
mmm I was hoping indonesia, but they tax globally for tax residents. I think it might have to be malaysia or thailand
daniel
2018-11-29 03:26
probably open a personal bank account in singapore
johncitizen
2018-11-30 01:15
Hey gents, I?m Aussie as well.
me1892
2018-11-30 01:48
G?day @johncitizen
me1892
2018-11-30 01:48
Where ya based at the mo?
johncitizen
2018-11-30 01:49
#aussie
johncitizen
2018-11-30 01:49
I invite all Australians to join ;)
blackbear18
2018-11-30 02:39
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jase
2018-11-30 06:54
Malaysia residency has changed, right?
jase
2018-11-30 06:54
Mm2h on hold as far as I know
danz
2018-11-30 18:37
It?s on hold yes
nnmatveev
2018-12-03 06:45
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assefphilippe
2018-12-05 08:45
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contact
2018-12-06 01:12
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info837
2018-12-17 11:05
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info837
2018-12-17 11:26
Hello folks of the good life. I'm Lars, 33 years young. Sold some of my old business in Holland, went to live in Portugal. Love to surf :surfer: and very interested in this freedom movement. Currently thinking about creating a Seychelles LTD and forming an LLP with my Dutch Holding Company with a contract saying the income going to the LTD. My new business is a platform :slightly_smiling_face:
maxsuur
2018-12-17 12:25
Hi Lars, where in Portugal? In Spain at the moment
info837
2018-12-17 12:26
Hey Max,I live in Vila Nova de Milfontes
danz
2018-12-17 15:24
Welkom:)
maxsuur
2018-12-17 15:26
I guess there are big waves there
ryan.mera
2018-12-18 01:44
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magnus
2018-12-19 11:38
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ismaelesn
2018-12-19 12:45
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vdragoiu
2018-12-19 23:22
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romaindepotter
2018-12-22 03:00
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romaindepotter
2018-12-22 03:06
Hi guys, I'm Romain 22 years old I'm French. I'm doing e-commerce since 1 year and half now. Currently based in Bali :man-raising-hand::flag-id:
redareda9
2018-12-22 04:24
Welcome @romaindepotter
skat
2018-12-22 05:36
Hey @romaindepotter. what kind of e-commerce are you doing? Amazon?
romaindepotter
2018-12-22 09:55
@skat Dropshipping with chinese supplier through several europeans countries
bywexp
2018-12-22 19:40
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reinders.leon
2018-12-23 19:46
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reinders.leon
2018-12-23 20:00
Hi all! I'm Leon. I'm from Holland and will be moving to Latin-America for a while. I'm still orienting for starting a business. I have to set up a company first. My main company directions will be online applications and Dropshipping / FBA
danz
2018-12-23 23:15
Welkom @reinders.leon
mylogun94
2018-12-29 12:27
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mylogun94
2018-12-29 12:31
Hi everyone, my nme is Andrea and i'm from Italy. I'm a currency retail trader looking to connect with other traders around the world, in order to understand how to maximize this experience around the world. Feel free to HMU at any given time to discuss those topics. Peace to everyone :smile:
simon
2018-12-30 11:54
@mylogun94 Welcome Andrea! I?m currently in Italy for the holidays, in Venice. Do you live here full time or travel the world?
ggiampieri
2018-12-30 13:45
@mylogun94 Ciao Andrea, benvenuto! We can share some trading knowledge if you want. @simon go to the Alps afterwards, if you need suggestions happy to help!
simon
2018-12-30 16:42
@ggiampieri Thanks! I?ve already booked tickets for Verona and Lake Como. I guess Lake Como will be a good base to explore the nearby Italian Alps.
ggiampieri
2018-12-30 18:05
@simon from both locations you can easily drive to the best places. From Verona if you love skiing you have 1200km of slopes best in the world here: https://www.dolomitisuperski.com/ or more young people's place is Madonna di Campiglio. Best posh /rich people place is Cortina D'Ampezzo. From lake como you can easily reach Bormio with super SPA from the romans and nearby Livigno with duty free shopping and petrol (cheapest in Eu). Happy New Year :)
justin
2019-01-02 20:29
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justin
2019-01-02 20:40
Hello People :wave: I am Justin found out FreedomSurfer community on the road of opening business in Singapore, still have some question so I hope I can find those here :slightly_smiling_face:
I am Ecommerce agency owner from Lithuania, currently in Tenerife enjoying the good weather here :sunglasses: as in Lithuania now is somewhere about -10 right now, haha :snowflake:
blake.pope
2019-01-05 16:08
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carrabeanga
2019-01-08 01:33
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carrabeanga
2019-01-08 01:41
Hey folks, I'm Rik living in Australia at present, just started looking into internationalizing my businesses and body, and getting out of dodge. Looking forward to chatting with everyone, got tons of questions! Cheers
me1892
2019-01-08 01:47
Welcome @carrabeanga. Have any destinations in mind?
carrabeanga
2019-01-08 05:01
Thanks seb, was thinking Mauritius but just noticed in the Deloitte paper they tax worldwide income, so possibly Malaysia, dont know yet. Questions for the residency room!
danz
2019-01-08 14:47
@carrabeanga I think the MM2H visa of Malaysia is paused at this moment
blake.pope
2019-01-08 21:31
really? Did not know that
me1892
2019-01-08 22:34
They're still accepting new applications, put mine in a couple weeks ago
danz
2019-01-09 00:03
I guess they resumed it then. I know they put on a break since the new government came in
me1892
2019-01-09 03:05
Mmm, could still be paused, I haven't actually heard of anyone getting approval recently (last few months). Figured it was worth starting the process anyway
m.moser
2019-01-10 10:46
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cornelis
2019-01-10 20:08
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cornelis
2019-01-10 20:12
Hi guys. I'm a Dutch guy, living in Barcelona and (trying to) work remotely as a freelance software designer. I'm here to look at becoming a tax nomad (partly using my just purchased sailboat) and how to set up a company with friends.
simon
2019-01-10 22:37
@cornelis That's awesome Cornelis! What type of boat did you get?
burrup.lambert
2019-01-10 22:52
Welcome @cornelis. I met a French guy in Vanuatu who did just that. He sailed from France and lived in New Caledonia for 12 years and has now moved to Vanuatu. He had some type of diving license that allowed him to create his own mooring own the ocean floor so he didn't have to pay mooring rent (clearly I'm no boat person). Very interesting stuff.
jase
2019-01-11 03:14
Random fact: I recently discovered you can register a yacht in Andorra. I thought being landlocked would exclude it but it turns out that is not the case.
roman
2019-01-11 05:59
@jase how about an airplane? ))
jase
2019-01-11 06:03
It's probably possible
cornelis
2019-01-11 14:58
@jase Is there any advantage of registering in Andorra?
vinodgn0088
2019-01-11 15:15
@cornelis, Andorra - Corporate tax only 10%, VAT 4.5%.
jase
2019-01-11 21:43
Yeah my guess is you buy the boat without any sales tax (21% in other countries nearby) then "import it" at 4.5%. Andorra has fairly cheap insurance too.
simon
2019-01-11 22:12
It can also make a lot of sense to register in a high tax country, if you don't intend to sail there. For example, in Canada registration is 250 CAD and you only pay import duties and sales tax if you actually import the boat (enter Canadian waters).
jase
2019-01-12 03:16
Interesting, nice
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d.mikocionis
2019-01-16 02:19
Hey there! :slightly_smiling_face: pleasure to be here. Anyone in Ubud, Bali?
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@danz new govt.
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Hello there and greetings from Madagascar!
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wowkroskar
2019-04-04 07:35
Hi guys
Im Jaroslav originally from Czech Republic but live in UK for last 8 years. I investing in forex.
me1892
2019-04-04 07:56
Welcome @wowkroskar
ivan
2019-04-04 12:38
Welcome Jaroslav.
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ravinalle
2019-05-02 09:54
HI all, it is nice to be connected with you! I am Ravi from India, an automation consultant from IT industry, specifically into DevOps/Continuous Delivery and working out of India. Looking for some guidence from you all as to the opportunities business/workwise across EU/UK or other parts of the happening world. I am looking to keep my base location as India at this moment but not mandatory.
Thank you!
ivan
2019-05-02 13:34
Welcome Ravi!
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ravinalle
2019-05-02 15:11
Thanks vndc!
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tuan.luu1992
2019-05-08 17:57
Hey guys, good to connect and be a part of the group. My name is Tuan, from Australia, and I run a kindle self publishing business on Amazon as well as do affiliate marketing. I'm looking for some pointers in regards to where and what structure I should incorporate in with my situation (physical and tax resident of Australia with plans in future of living/travelling around Europe as a digital nomad). I'm thinking of a Wyoming LLC or a UK LLP. Any advice/insights would be greatly appreciated. Thanks!
ivan
2019-05-08 18:54
Hi Tuan,
I'm not an australian abut as far as I heard australians need to get tax residency elsewhere before being able to reduce their taxes. Because Australia is going to tax you on your worldwide income until you legally reside elsewhere.
ivan
2019-05-08 18:54
An LLC or LLP are good but you need to get yourself another permanent residency first so Australia can't claim taxes on your income.
ivan
2019-05-08 18:54
@tuan.luu1992
ivan
2019-05-08 18:56
That's where it gets complicated. Ideally you should aim for a territorial taxation country and there are few of those.
tuan.luu1992
2019-05-08 19:09
thanks @ivan. as far as incorporating my business goes however since I don't want to keep trading in my own name and to seperate my name from my business, where would be best in your opinion. LLC or LLP?
tuan.luu1992
2019-05-08 19:10
because I sure as hell don't want to incorporate in australia and pay the 27-30% corporate tax rate they have here
ivan
2019-05-08 19:11
I'm not sure what you mean by separating yourself from the company. Does that include taxes as well? if so, a corp might be the way to go for you instead of a pass-through entity like an LLC or LLP. I've heard LLC are great for holding assets, though.
ivan
2019-05-08 19:11
LLCs are usually recommended for real estate investment for example.
ivan
2019-05-08 19:12
First, if you're trading (which are capital gains as far as I know) I doubt Australia will charge you that income tax.
ivan
2019-05-08 19:12
I think NZ doesn't have a capital gains tax. But things might not be as straightforward with trading.
ivan
2019-05-08 19:13
I don't know. I'd first try contacting some good tax advisor in Australia.
ivan
2019-05-08 19:29
You might be able to optimize your taxes a lot without having to leave.
If by separating yourself you mean some degree of anonimacy it's different thing.
tuan.luu1992
2019-05-08 20:49
sorry i'll rephrase that. What I mean is at the moment I'm trading as a sole trader (sole proprietor) under my own name. I want to incorporate offshore because australia is 27-30% corporate tax rate compared to Wyoming's LLC for eg.. and yes degree of anonynmity/protection as well
ivan
2019-05-08 20:50
I see, my bad, by trading I thought for a moment you were trading stocks or commodities.
tuan.luu1992
2019-05-08 20:51
my thought process is because I earn money online from amazon kindle payments through my kindle publishing business, I could incorporate offshore in say the US (wyoming), and since US has a double taxation treaty with australia, I only pay the personal income tax to australia
ivan
2019-05-08 20:52
In that case yes. You'll need to change your tax residency and after that any pass through entity or a corp in a country with a low income tax will do.
tuan.luu1992
2019-05-08 20:52
I see
tuan.luu1992
2019-05-08 20:52
any? doesn't have to be the US?
tuan.luu1992
2019-05-08 20:52
because on the freedomsurfer website, apparently best is us and uk
tuan.luu1992
2019-05-08 20:52
so I'm leaning towards those
ivan
2019-05-08 20:53
Yes, Simon will be able to help you with that for sure.
ivan
2019-05-08 20:53
Depending on your commercial needs one might be better than the other.
ivan
2019-05-08 20:54
You need any specific payment processor or bank?
tuan.luu1992
2019-05-08 20:54
it makes sense that its only either US or UK because I run a kindle business on amazon... its very straightforward and simple
tuan.luu1992
2019-05-08 20:55
I don't need any specific payment processors or banks
tuan.luu1992
2019-05-08 20:55
I only just need to get paid by amazon and send them payments for running ads on their platform
ivan
2019-05-08 20:55
So you work within Amazon? Several guys here have experience with Amazon + LLC setup I believe. Simon will know for sure.
tuan.luu1992
2019-05-08 20:55
I dont work within amazon.. I use amazon as a platform
tuan.luu1992
2019-05-08 20:56
to publish on
ivan
2019-05-08 20:56
The most important element will be getting rid of your Australian tax residency.
tuan.luu1992
2019-05-08 20:56
and earn money as currently "self employed", but no I don't work for them
ivan
2019-05-08 20:56
Okay, but Amazon processes your payment and then sends your earnings to whatever bank you indicate, is that correct?
tuan.luu1992
2019-05-08 20:56
yeah looks like the tax residency is the biggest hurdle
tuan.luu1992
2019-05-08 20:56
yep thats right
tuan.luu1992
2019-05-08 20:56
it could be chase, bank of america anything
tuan.luu1992
2019-05-08 20:56
I was just in the US and got US accounts set up with them
tuan.luu1992
2019-05-08 20:56
just in case
ivan
2019-05-08 20:57
for an LLC you'll also need an ITIN, unless you register it before next week.
tuan.luu1992
2019-05-08 20:57
and is Simon on here? or i message him directly?
tuan.luu1992
2019-05-08 20:57
why before next week?
ivan
2019-05-08 20:57
becase a new law regarding that will become active by may 13th I think.
ivan
2019-05-08 20:58
Simon is active here, yes.
tuan.luu1992
2019-05-08 20:58
Awesome
tuan.luu1992
2019-05-08 21:00
@simon Hi Simon, could you just quickly chime in when you have time what in your experience/insight is the best LLC setup for amazon businesses? (mine is a self publishing kindle business). Any help would be greatly appreciated, thanks!
simon
2019-05-08 21:02
@tuan.luu1992 If you register a Wyoming LLC and run it from Australia, your profits will be taxed as personal income in Australia (as per the Australia-US tax treaty). In other words, there are no tax benefits to be gained as opposed to working in your own name. It may still be worth it if you need liability protection, more privacy and want to separate your personal and business finances.
tuan.luu1992
2019-05-08 21:04
I see, thanks. So at this stage it's more of a bonus than a necessity, and that the most important thing is establishing tax residency elsewhere correct?
ivan
2019-05-08 21:16
Tuan Luu, I'd say so. Any other tax reducing option would be illegal. You just need to leave the country and lose your tax residency by becoming a tax resident somewhere else.
ivan
2019-05-08 21:17
For that you need to get a permanent residency in low tax country or a country with territorial taxation.
ivan
2019-05-08 21:17
Which are normally the same ones.
tuan.luu1992
2019-05-08 21:50
awesome thanks, that makes alot of sense
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burrup.lambert
2019-05-09 02:58
Tuan, to lose your Australian tax residence you will need to satisfy (or not satisfy on how you look at it), all of the 4 residency tests for Australia.
burrup.lambert
2019-05-09 02:58
burrup.lambert
2019-05-09 02:58
burrup.lambert
2019-05-09 03:01
Long story short, spend less than 6 months in Australia, establish a new domicile and residency in another country. Get on a long term lease, join a local gym, library card, drivers licence etc. If you own a property in Australia or have immediate family here, it will complicate things. General rule of thumb, when you leave Australia permanently do it CLEAN. Tell people you are leaving permanently, put it on Facebook, remove yourself from the electrol roll, suspend your medicare, cancel your private heath insurance, advise the ATO etc etc. When you leave try not to come back for 2 years and when you do come back no more than 4 times a year no more than 4 weeks (those numbers are from ATO taxation rules (I forget the specific ones) where it was determined that people who had to came back for various reasons that matched those above time frames were deemed *not* to be residents in Australia for tax purposes. There is no hard and fast rule, there's a lot of grey, but better not to give the ATO any more ammunition :wink:.
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vallancepm
2019-05-10 00:38
Hi good morning...setup an LLC with Simon in the UK and during the process of setting up a Post Box they have asked for Proof of ID at the Trading Address and Proof of ID at the Reg Address. My partner (my wife) does not have a Utility bill in her name as I came and set up the house etc ahead of her so everything is in her name. She does have a local driving licence with our address on it, but this has been refused...any thoughts?? Thanks
ivan
2019-05-10 03:25
Hi Paul, I'm in a similar process. Which PO provider are you working with? Ukpostbox has asked for a trading address but in practice the requirement is quite relaxed if you talk to their support. Haven't finished it yet but the requirement was just the letter the HMRC will send you.
ivan
2019-05-10 03:26
As for your personal proof of address, does she have a bank account?
ivan
2019-05-10 03:26
You could try using a bank statement.
vallancepm
2019-05-10 06:21
@vudc...thanks for the reply. I am using UK Postbox (or trying). The HRMC letter has no where to go to at the moment...unless it goes to the Reg address Simon lets us use??
No the bank acc is in my name...it seems everything here is in my name, as I said I was here a few months before she arrived so set it all up in my name as she was not here to sign anything.
simon
2019-05-10 06:39
The HMRC letter usually arrives at the company address 1-3 weeks after registration. It can be used as proof of address with most services.
vallancepm
2019-05-10 06:45
Hi Simon, I guess we will get it via email or how will it work? The UK Postbox did not/does not ask for Utility bills for Reg office or trading office in the application?? How do we get over that one? HRMC letter should work for them...here is the full txt of the email:
"...Hi Paul
For the company we will require a trading address Id document (utility bill/bank statement) and a registered address Id document (Letter from companies house or HMRC) that is dated within 12 months, so we can verify your account. If this is with an accountant an email from them stating the company name and address will be adequate.
We cannot accept a passport or drivers licence as proof of address. Please send us one of the following for Michelle.
Your proof of address document must be in Michelle's name, dated within 3 months and from our approved list of documents listed below:
Utility bill (not invoice)
Landline telephone bill (not mobile phone bill)
Mortgage statement
Bank statement
Building society statement
Credit card statement
Certificate of Insurance
Store card statement
Financial statement (example, pension or endowment)
Pay Slip
Tenancy agreement..."
simon
2019-05-10 06:56
The HMRC letter will be scanned and uploaded to your account. If you prefer, I can also email it to you.
As for the personal proof of address, do you have any bank statement you can generate online and use?
vallancepm
2019-05-10 07:21
Hi Simon, yes if you could email too please...in the UK or here?
vallancepm
2019-05-10 07:45
How do we get over this one...? For the company we will require a trading address Id document (utility bill/bank statement)??
As for Michelle we can add her to a local bank acc that will then be a joint acc
simon
2019-05-10 09:29
The HMRC letter will be addressed to the UK business address. There is no need for a proof of trading address, they usually waive that requirement (after they have verified your business address).
vallancepm
2019-05-10 10:03
Ok will hang off contacting them again until we have the ducks all lined up :slightly_smiling_face:
ivan
2019-05-10 14:49
Paul, Ukpostbox told me the HMRC letter is enough. I talked to them directly.
ivan
2019-05-10 14:50
You should set up one of your services to your wife's name. You'll need to prove her address sooner or later.
vallancepm
2019-05-12 00:29
@ivan Thank for that, yes we will add her to a utility and bank acc....
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ouafouaf
2019-08-06 14:20
Hi, everyone,
I�m willing to register a Freelancer sole business so as to be able to charge clients from EU/US/UK with an adress that is not locatred in South America. I�m reading about Georgia and some Nearby Europe countries in which some Tax rules mention : 0% Tax to pay if income is made from clients outside of the Taxing country. Does anyone here works as Webdesign Freelance and where did they set their biz for Tax optimisation. ?
Beside thinking of relocating to Panama that is said to apply the same concept 0% Tax out outside income...but their is probably more to take into account..
Any info, welcomed ! :sunglasses:
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2019-08-07 04:20
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skat
2019-08-07 09:23
@ouafouaf you don?t have freelancing business yeat? It usually makes zero sense to optimize your taxes if your not making at least $7000 a month.
You can charge you customers from anywhere with transferwise/payoneer ? without a company.
skat
2019-08-07 09:23
.
ouafouaf
2019-08-07 11:05
Hi skat, I can get this, though...I d have to put an address on any invoice I d send to a customer so it feels wierd getting some money without declaring it anywhere...maybe thats me...:thinking_face:
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internationalbits
2019-08-10 13:09
@ouafouaf sounds like an US LLC should do everything you want it to do. very low cost, good image, no or low taxation
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michispc
2019-10-10 14:55
Hey guys im hyped to join the community - my name is Mike and I'm a filmmaker from germany :slightly_smiling_face: I am tired of filming ads for people who don't value it and only sell things, that no one really needs. So I decided to do my own thing now! Together with my girlfriend I want to start an e-commerce store and film my own ads :smile: We are very curious and intrigued by this lifestyle and plan to leave germany early next year. First stop Thailand, where we have been several times before and absolutely fell in love with. I am eager to help with questions concerning filmmaking / advertising / marketing and hope everyone is doing great! Best regards Mike
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bartol.k
2019-11-06 16:30
Hey guys, I?m Bartol from the Netherlands and I came across ?Freedom Surfer? because I?m researching a way to make my remote freelancing and trading business mostly tax free with the goal of funding a new NGO in Mauritania called Oasis Effect, that I?m going to use to build seawater cooled greenhouses in the desert. I?m a software engineer and can offer help in a wide range of technical topics. I?m currently stuck on some questions about how to position my residency, but I?ll drop that in another channel. Looking forward to interacting with all of you. :slightly_smiling_face:
danz
2019-11-07 06:53
Welkom:)
guilherme.sa
2019-11-07 14:53
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rafmolho
2019-11-27 14:31
Hello I want to start using the amazon FBA and then later the Alibaba as a way to sell my products which I will produce them in Europe or in ASIA. Please can you inform me where is better to establish my company ? Estonia,BULGARIA , CYPRUS , UK or US?
I am looking for something safe and remotely but if I have to visit the place this is not a problem. Thank you in advance.
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seb.malek
2020-01-15 12:48
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seb.malek
2020-01-15 12:49
Hi everyone :slightly_smiling_face:
johnnytang7
2020-01-16 14:11
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johnnytang7
2020-01-16 16:03
hi
julianmb
2020-01-16 16:06
Hello
julianmb
2020-01-16 16:06
From HK?
alessio.pieroni89
2020-01-19 07:03
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johnnytang7
2020-01-25 08:09
Yes, From Hong Kong
fenix5
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jonrodd
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jonrodd
2020-01-27 18:42
@michispc I have always been secretly attracted to filmmaking but never made the leap. I am from France but living everywhere (moving every 3 months or so around Latam mostly). I always felt like filmmaking was a too restricted/closed business somehow (connection based...).
jonrodd
2020-01-27 18:42
So I never jumped in the wagon out of pure fear I must confess...
jonrodd
2020-01-27 18:43
But would be glad to discuss the ins and outs with you :slightly_smiling_face:
office
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johnnytang7
2020-01-29 15:07
yes, from HK, hello @julianmb
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toby
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toby
2020-01-31 18:42
Hey everyone, I'm Toby currently in Berlin but moving my residency right now. I run an IT Outsourcing company that offers access to Vietnam's top talent to startups and SMEs (mainly in Europe). We mostly build MVPs and boutique projects that exceed the capacity or expertise of our clients' in-house teams. Happy to give advice on technology projects (mainly eCommerce and marketplace) and product management.
I'm also co-founded a digital beauty and wellness company with my wife for whom I'm providing the tech infrastructure. On a side note, we're building out our affiliate program so if you're an affiliate marketer and are interested in digital beauty products with high commission rate, hit me up :slightly_smiling_face:
On the tax topic, I'm trying to optimise the tax situation for both businesses and ourselves. I've spent a ton of time researching but still feel like I have no clue what I'm doing. Very grateful that Simon created this community. I have the feeling it will save me a ton of grey hairs :sweat_smile:
seb.malek
2020-02-01 03:26
to which country are you moving your tax resirency to?
toby
2020-02-01 13:28
It's going to be in Vietnam. Not sure it's the best out of all possible choices from a taxation standpoint (at least no CFC rules) but as I've spent a few years living there and my wife is Australian Vietnamese, it made sense for us. Long-term we're considering Malaysia. What about you if you don't mind me asking? Where are you from and where did you move your residency?
adrianozuardi
2020-02-05 13:49
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michael
2020-02-05 14:25
hi :smiley:
michael
2020-02-05 14:25
Hello :smiley:
michael
2020-02-05 14:26
Nice. Vietnam is meant to be one of the better performing countries in Asia.
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2020-02-05 16:55
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fenix5
2020-03-09 17:55
Hi guys, I'm new here so let me introduce myself a bit. I run a few businesses in Poland and in the UK (real estate investments, accountancy, e-commerce). I operate through UK Ltd companies and have UK residency which I thought so far is the best option for me. Now reading FS blog I'm slowly changing my mind :slightly_smiling_face: But at least I have British state pension which one day can be a good thing.
So first of all I'd like to offer you help in case you'd need to open bank account in EU country, Poland. At the moment we cooperate with ING and BNP Paribas. We opened over 40 bank accounts for several UK LTDs within last year without major problems. I think it can be a good option if you need real bank account within EU. I also can help in incorporating company in Poland as well. It's not a tax heaven but still one can need it for some reason.
alex720
2020-03-09 18:01
Can these bank accounts hold gbp
alex720
2020-03-09 18:01
And if so can the GBP balance be linked to a UK Ltd PayPal
fenix5
2020-03-09 18:03
Yes you can open subaccount in GBP but don't know if you can link it to PayPal.
alex720
2020-03-09 18:03
Check dm
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michispc
2020-03-11 22:17
Hey Jona, I'm very sorry for the late reply. I completely forgot to check messages here from time to time :dizzy_face: If you are still interested we can switch to a private conversation - I am on vacation in Thailand for 1 month soon so I will be online more often :D
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noahlibbyhaines
2020-04-12 14:57
Hi all, I live in Seattle and am working towards becoming a nomad. I started a company 2 years ago and we're starting to reach the point where I will be able to do all work remotely. I will start by spending 3-4 months away per year and gradually build towards 9-12. Looking to diversify my US citizenship and get an EU passport as first step.
nitindania11
2020-04-12 16:37
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brent
2020-04-12 22:07
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brent
2020-04-12 22:31
Hi Guys, new member here. Not new to the whole flag theory concept. I popped my flag theory cherry back in 2009/2010. Back in those days you could walk into any branch of HSBC in Hong Kong, and walk out with a business account (for an offshore company!) and a personal (premier) account....! Lived in a bunch of countries (and have had legal tax residence/investment/entrepreneur visas in most of those). Have registered and setup companies, bank accounts, trusts and foundations in a number of jurisdictions. Currently back in my native New Zealand (haven't lived here for almost 15 years) while this Covid-19 thing has the world by the scrotum, but hoping to get back to Hong Kong (where unfortunately I let my last investment visa lapse) once things loosen up. Have a background in IT and have launched and sold several companies. Happy to share what I've learnt over the past 15 years of living this lifestyle.
francoiskocik
2020-04-13 02:05
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ivan.lakatos
2020-04-13 03:09
Welcome @brent
simon
2020-04-13 04:55
Happy to have you here @brent! I'm also based in HK but am currently weathering the covid 19 storm in Toronto (am originally from Canada). If you end up staying in NZ long enough to qualify as a tax resident, you should qualify for the new resident exemption on foreign-sourced income (useful if you generate significant income from overseas investments / businesses). https://www.ird.govt.nz/topics/tax-residency/temporary-tax-exemption
brent
2020-04-13 04:57
Thanks @simon. Yeah, that Tax Exemption is great - if I do end up here for more than 6 months, then I'll be looking at that for sure.
brent
2020-04-13 04:58
I was half-tempted to stay put in Hong Kong, but who knows how things would/will end up.
brent
2020-04-13 04:59
Are you based in HK as a nomad or are you there with a Visa/HKID @simon?
simon
2020-04-13 05:07
I'm based there with a HKID. It makes everything a heck of a lot easier, especially banking. I came back to Canada in March when borders were closing left and right, I feel much better being stuck in a huge country rather than in a tiny one like HK.
brent
2020-04-13 05:07
Yeah, good point. You're right, it does.
michael
2020-04-13 06:16
Hi @brent - welcome!
saba.bosuener
2020-04-13 15:40
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michael
2020-04-14 06:34
Miss those good old days in HK... oh how things have changed :stuck_out_tongue: that's the constant.
brent
2020-04-14 06:41
Yeah, tell me about it. My only regret (well, not really a regret per-se) is that I didn't go to Hong Kong sooner.... It's changed, but there's something still about it that keeps pulling me back. I also really like Taipei...
michael
2020-04-14 08:09
Haha... Yeah, love the vibe of HK... Taipei is my new "HK"... always liked Taipei. I spend more time in TPE more now vs HK. Especially after the protesting from last year.
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b.maite
2020-04-26 18:50
Hi guys, I'm Michelle from Holland. I'm based in China (where I take the occasional tax break) and I am considering to move my residency to either Spain or Thailand. I have an real estate rental business and I am providing business consultancy services to overseas clients (mostly based in HK or SGP). I want to move from a sole proprietor to a separate legal entity. My question for this community is: to reduce taxes (not avoid it) where do you suggest I register a company if I stay in either Spain or Thailand? Does it make sense to set up a company in Estonia, Wyoming, UK or is SGP still a good option?
simon
2020-04-26 20:23
@b.maite Do you run the business yourself or do you have a manager + employees in an office somewhere? If the former, it will be very hard to tax optimize in those two countries (both are high tax countries and both tax worldwide income). If the later, where best to register will depend on where your manager and staff are based.
b.maite
2020-04-27 08:36
@simon I run the business myself. Most of the support functions are outsourced to other companies, so that I don't have staff. So in that case it would make more sense to register in country?
vinodgn0088
2020-04-27 09:48
@b.maite - I run the business myself << This means you are a manager and "place of management" of the company is happening in the country where you reside. If you are willing to split your time between three countries ( Spain, Thailand, Cyprus) I would recommend setting up a Cyprus company + receive a minimum salary + 60 days minimum stay in Cyprus + a room with whole year lease in Cyprus. This will provide you a solid structure accepted by Netherlands as well.
b.maite
2020-04-27 10:38
@vinodgn0088 I see. thanks for the suggestion. I will look into Cyprus. Would your recommendation be the same if I only stay in Thailand + 60 days in Cyprus?
michal.opoka
2020-04-27 11:13
@b.maite Spain is very high tax country so I'd avoid it. Thailand is better, but you should check country guides on FreedomSurfer website, probably there is something better
vinodgn0088
2020-04-27 11:43
@b.maite If you prefer to live in Thailand I would say limit your stay less than 183 days ( Better if you keep you stays in multiple small chunks throughout the year ). Plan for something like 3 months in Cyprus >> 3 months in Thailand >> 1 month in HK >> 3 Months in Thailand >> 1 Month in Singapore >> 1 month some where else. Nest year shuffle the stays again.
b.maite
2020-04-27 12:02
@vinodgn0088 A lot of travels, hahaha, but I get the picture. Thanks for the advice. @michal.opoka Thanks, I am checking the country guides indeed.
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2020-04-27 13:08
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vinodgn0088
2020-04-27 13:38
@b.maite, You may consider Andorra if you are willing to stay there 183+ days. sneaking into Spain on a regular basis is no issue too ( Just don't keep a property or bank account in Spain)
alejandro
2020-04-27 14:26
Hi guys, maybe someone can help give me some advice :slightly_smiling_face: I work remotely for a Swiss company via my own Estonian company and have several "employees"/consultants from that Estonian co. I also have a Wyoming LLC that im not really using atm, but I wanted to place my physical assets (properties in Spain) in, as well as maybe my Estonian company... I wanted to buy a flat in Georgia and "move" there, to become tax resident. I also wanted to diversify my assets purchasing some property in Greece, so that not everything I have is in Spain. I basically need to know the best way to extract income from the Swiss company... ideally being domiciled (but not necessarily tax resident, if possible) in Spain or Greece, but I am open to other options as I know those would be almost impossible with CFC rules etc... Btw, I have 3 citizenships: Canada, Portugal, and Argentina
buynps.org
2020-04-27 18:30
wow @alejandro pretty cool, 3 citizenships!
alejandro
2020-04-27 18:42
@buynps.org Just luck of the draw with my parents :stuck_out_tongue_closed_eyes: also qualify for French (and italian, but more difficult as it's my grandfather, skips a generation) but haven't gotten around to it yet, not much of a point either really already having Portuguese..
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ahsmithers
2020-06-09 09:40
Hi Guys Just joined looks like just the place I was looking for - I am from Uk I have a business base in UK but need to set up a new one - I sell on AMazon in N America and Europe. Any help would be greatly received.
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alexis.alfroy
2020-08-08 12:44
Hi guys !
I've been on the slack channel for a few weeks but forgot to introduce myself...
I'm Alexis, from France. Been living in Indonesia for 6 years now, with a good 5 years as an employee of a local company. So with the full residency "status". For the ones wondering, besides being allowed to stay in Indo, having a local driving license to kill yourself legally on a motorbike and a special line for immigration at the airport, the Indo residency is not very interesting unless you really plan to stay ! :smile:
Anyways I quit my job in January, just a few weeks before the start of this covid madness, and I am now working remotely in freelance.
I plan to stay in Indonesia as I am established here and I'm not super interested in being a nomad for now.
I am a lot more interested in building a legal structure to stay : being officially established so that France doesn't rip me off if I have the bad idea to come back and being a formal resident in Indonesia so that I can work and stay without worries. In other terms, I am happy to pay taxes in Indo.
Local Indonesian company are not really an option. They require huge capital to be able to sponsor foreigners. This law can be bypassed and isn't really enforced at the moment, but the law will be against you the day they change their mind... And if I have clients from Europe, payments and so on could be a nightmare. Not considering the trust and bureaucratic issues.
So at the moment I am working on a combo UK LLP + Indonesian representative office (of that LLP). LLP for reputation/relative ease of use, representative office to have a legal presence in Indonesia (and a working visa/stay permit).
The representative office is currently being submitted, so I don't know if it will work for sure at the moment. But if some of you are curious to know the results we can discuss it in a few weeks/months.
Cheers !
simon
2020-08-08 13:00
@alexis.alfroy If you don?t mind me asking, how are things in Bali at the moment? I imagine the island will be particularly hard it by the lack of tourists, do you know if they are still on track for their September reopening?
alexis.alfroy
2020-08-08 13:20
Not so great obviously... Economy got hit really hard from the beginning of the crisis (hotels started to send their staff home in February).
So everyone relying on income from tourism (quite many people) are at best on reduced salary when they are not at a dead zero. But they managed strangely... Government help is pretty much inexistant in normal times so no one relied on it, many just got back in their villages, changed jobs or are waiting for things to go back to normal. Home improvement is a great business these days !
Many expats got home, either by fear of the virus, either because of the economic collapse. The ones living here but on tourist/social visas that left can't come back of course...
Regarding the 11th of September opening, it seems on track yes. I just don't know how it's even possible.
They plan to reopen Bali only, not the rest of the archipelago, yet I didn't see any mention about travel restrictions within Indo for the ones coming in. So I am not sure how it will work.
The other issue is who else would be open in the ASEAN by 11th of September. Especially for the ones that need to transit (I don't see Singapore opening soon for instance...). So far visa situation is very blurr. Immigration made laws unclear enough that you will get one different interpretation per person you ask...
I've heard about people being refused from planes from Europe even if Indo would have accepted them because their stay permit expired during the lockdown. Others that did visa runs few days before the lockdown on exemption visas and were asked to live, people who got expired visas approached by agents to renew a visa without exiting the country or to transform a visa into another for absurd prices...
alexis.alfroy
2020-08-08 13:22
So at the moment it's quite messy and confusing ! But on the bright side, except Canggu and Denpasar, it's pretty quiet everywhere which is a rare sight !
alexis.alfroy
2020-08-08 13:23
And the ones who got the money and the balls to invest in the real estate market might get some bargains...
alexis.alfroy
2020-08-08 13:26
So we'll see how things go by the 11th of September...
alexis.alfroy
2020-08-08 13:28
Tourism will be far from normal in any ways : aussies have to stay home for a long time, koreans/japanese/chinese they plan travel bubbles but it doesn't seem to be defined yet. And Europe I am not sure you would have a lot of people coming at this time of the year anyways (and limited airlines, I know from France only Qatar and Turkish Airlines can go straight to Denpasar...)
simon
2020-08-08 13:33
I wish they?d launch a remote work visa, like Barbados and Bermuda did. I?m sure there would be a decent number of people willing to relocate to Bali for 6-12 months with such a visa (especially during the winter in Europe / North America).
alexis.alfroy
2020-08-08 13:46
From what I heard they are considering it
alexis.alfroy
2020-08-08 13:46
but between the consideration and the implementation here...
alexis.alfroy
2020-08-08 13:47
they were saying min revenue of 1200USD a month + not engaging with indo companies
alexis.alfroy
2020-08-08 13:48
we'll see how that goes
buynps.org
2020-08-10 03:30
@alexis.alfroy would be interested if you hear about one!
danz
2020-08-10 18:57
There are several articles about new tax reforms in Indonesia and that they are thinking of launching some sort of digital nomad visa for Bali, hopefully it will happen
alexis.alfroy
2020-08-11 02:42
Yep I read them as well. But from my understanding so far they are coming from digital nomad themselves, and were brought up recently by Balinese officials because of the Balinese crisis. No official from JKT said anything about it, and when it comes to immigration and tax reforms they are the ones making decicions. At this point it's pure wishful thinking from digital nomads in admin mess + broke Bali officials in my opinion.
To implement such visa they need a deep reform on their current system :
? So far Indonesian is a worldwide income based status : yet if you are not employed by an indonesian companies or are not an official resident (by marriage for instance), even if you spend more than half of your time here no one will check your income from outside of indonesia. They don't enforce their own laws unless you are really looking for problems (ie : working illegally)...
? Getting a Kitas (stay permit, usually coming with the work permit) is extremely complicated and long so far : you need to have minimum a bachelor degree and/or relevant work experience and to prove that the work can't be performed by a local. To get my previous kitas, I usually spent up to 3 months without being able to use my passport to wait for the process to be done! If you are a real nomad (aka moving often) it's a big no no. Yet it's the only way to be officially considered a resident in Indonesia : you are not a resident if you don't have a Kitas so far...
? Most digital nomads are currently on social visas. They are rather simple to make, and cost effective. Downside is they are not multi-entry, you have to get out after 6 months and you are by no means an official resident. You are somewhat tolerated. And of course you are absolutely forbidden to work. There is a tolerance so far for digital nomads, but it's suicidal to engage with any indonesian company on a social visa : both expats with established entities + locals hate you and have incentives to rat you out !
The only way I see this to work out is basically for this digital nomad visa to be an extended version of a social visa, or something close to the retired kitas : so without a work permit but with a "real" stay permit and residential status (basically enforcing a law that already exists) + with re-entry.
But it comes with challenges :
? any "official resident" needs to have an NPWP (tax ID number) + a social security registration (BPJS) for instance. And so far you need a kitas for that... So if this law doesn't change and the new visa doesn't grant you a kitas, then it's just an extended tourist visa that doesn't protect you from your own government. Can be great for a limited time but bad long term.
? If they want people to pay taxes here, they need to be able to monitor cash coming in, so far they barely do it for their own citizen, and the process is not so straightforward to stay polite.
? if it's an "offshore income" sort of visa, (basically if they don't give a crap about you paying taxes there as long as your income doesn't come from indo) then they need to change their laws on worldwide income taxation. Even though it's already what they are doing... problem being : if you have a kitas, you pay taxes here. So presently the only way to do such visa would be to give extended tourist/social visas, which would not solve many problems besides visa runs.
It would be awesome to have such visa but I don't see how this can be something else than the usual clusterfuck they've gotten us used to. And how this can be implemented fast when you look at the number of laws (and especially how central they are) that need to be changed...
And if it's as expensive and long as the current kitas, I guess most digital nomads will just choose to stay on social visas...although the corona might change that.
But hey sometimes they change everything overnight without taking into consideration basic consequences. They might just do that.
Not sure I want to be in the first guinea pigs batch though ! :sweat_smile:
alexis.alfroy
2020-08-11 02:43
@buynps.org sure I'll post if I hear anything substancial
daniels
2020-08-12 16:39
Hi, everyone!
I'm new here and would love to learn more about setting up my business dealings. Essentially, my main question is if this sort of set up will work.
I'm a resident of Latvia, but want to open a holding company in Estonia (there are personal as to why I do not want anything to be with Latvia). I do travel quite a bit, but due to COVID-19 this has obviously changed and for the foreseeable future I'll be based here. At the moment I also have a ''proper'' job where I receive a salary, thus I'm in no need to ''take out'' cash from my other business dealings and money can ''circulate'' within the system and maybe in 5 - 8 years I will be a resident in a country with very low income tax when I would ''cash out''. I do quite a bit of activities - sell art, trade FX, consult on digital marketing activities and in process of setting up a startup that I'll have shares of. If there's an opportunity, I try to seize it.
I was thinking that what I could do is have a Estonian OU + USA LLC and UK LLP for various activities. US LLC would be for my art and consulting, however UK LLP for investing in FX and other financial instruments. Shares for the startup and other business would be directly "tied" to the Estonian company. Then, each year, I would have to ''transfer these funds'' (dividends) to Estonian OU, which would automatically reinvest back into businesses (maybe start new ones?), thus the 0% tax rate.
My main question: is this all even possible and necessary?
My only requirement is to reduce my "exposure" in Latvia and then secondly reduce the tax rate.
Additionally, how difficult is it to open a bank account in Estonia at the moment? I've heard conflicting reports. I have no issue traveling to Estonia and going for in-person meeting. Is a bank account in Estonia required for a Estonian OU? If Estonia is difficult at the moment, where else can a Estonian OU open an account?
Even though I would still open a Transferwise account, I would still prefer to have a ''real'' account as well.
If this is all possible, what are the next steps I should start? Apply to e-residency as quickly as possible? What is the time frame for getting the e-residency card?
P.s. As this tends to be quite a complex topic, I do understand that you all can only give some basic knowledge and it is likely I will need to consult with others to get a better understanding, but I always want to be prepared for these types of conversations.
alexis.alfroy
2020-08-13 09:52
@simon confirmed today. No reopening before the end of 2020 for Indonesia in general. 11th of September was indeed a bit too optimistic
simon
2020-08-13 10:38
That?s a bummer, Thailand also have extended their ban to the end of the year.
joshuacolombi
2020-08-19 00:28
Hi Freedom Surfers, Josh from the UK here. I hope to set up a company in online tuition in the UAE, in the RAK freezone, as soon as possible. I'm a little wary because I realise that sometimes they make the business registration easy but then afterwards the setting up of a UAE bank account almost impossible. I do intend to reside in the UAE for at least 6 months a year. My question is: If I have a huge amount of difficulty setting up with a UAE bank, could I use a TransferWise business account and connect that up to PayPal (or something similar) if needing to receive payments within the UAE. It just sounds a little too good to be true? I assume it's ok to keep your accounting books through a TransferWise account and get them audited accordingly from there if it is possible? Apologies if it's a little bit of a noob question, somewhat new to the business world, any advice/help would be sincerely appreciated. Thank you!
alex720
2020-08-19 00:39
Yes you can connect TransferWise to PayPal
alex720
2020-08-19 00:39
Not sure if they accept offshore companies from uae
alex720
2020-08-19 00:39
And not sure if PayPal accepts rak offshore companies
alex720
2020-08-19 00:39
I heard they require a trade license
alex720
2020-08-19 00:40
But not 100% certain
alex720
2020-08-19 00:40
Let me know how it goes
alex720
2020-08-19 00:40
@joshuacolombi
michael
2020-08-19 08:27
From personal experience and hearing from friends, as long as you reside in USA it should be pretty straightforward for a company account.
michael
2020-08-19 08:28
Make sure your company agent has good relationships with the banks.
danz
2020-08-19 16:54
From my personal experience, having a bank while not being resident in the UAE is a headache. There not really good banks, or atleast their definitely not affordable from my experience. Cost are easily $30-40 per transfer, so depends on your business if this works well. I am not sure if Transferwise accepts UAE companies though.
michael
2020-08-20 04:48
Sorry, UAE.
joshuacolombi
2020-08-20 17:47
Thank you for the help everybody. I have spoken to sales reps there and they told me there is no reason you can't bank with TW and use PayPal. Will report on any future findings!
janadrian.m
2020-08-28 07:53
Hi all, hoping to ask for advice. I trade FX and options, living in Australia at the moment. I'm looking to emigrate with an eye on reducing tax, options at the moment are Singapore, US, Malta..Any others that you'd recommend I have a look at? I'm a naturalised Australian citizen. Thanks in advance.
bartek
2020-08-28 09:50
Depends on your other circumstances, expectations tbh... Australia is totally different than most EU countries for example. Remember to not look only on taxes but other factors also... if you can say what you expect maybe someone will say more. There are many countries in Asia where you won't pay a single penny or very small amount for capital gains from trading FX, but still, noone besides you know so far, what do you expect from your new place where you want to move :wink:
simon
2020-08-28 14:24
You also have to be careful about timezones, as that can impact your trading hours. Do you trade specific sessions?
bobriakov.igor
2020-08-29 13:24
Have you looked at Philippines SRRV visa?
toby
2020-09-03 22:45
@simon sounds like you're trying to get to Bali within this year? I'm playing with the same thought and have a contact that can make it happen. It's about 2k USD per person all "fees" included. It's not cheap but might be worth it for some also includes a business visa which is valid for 1 year and allows you to stay 60days (can be extended). Let me know if you want me to put you in touch
jason
2020-09-04 13:13
Self Intro - I just signed up! I'm dual Italian / American citizen trying to build a location independent business (I own a small mobile app company), currently in the US but exploring other options and happy to find a community of the like minded.
mb
2020-09-04 13:20
Welcome Jason!
bobriakov.igor
2020-09-04 15:16
Welcome!
jason
2020-09-04 15:40
Thanks, I've been looking for a community like this for a long time, we are a rare breed.
burrup.lambert
2020-09-04 23:06
Welcome @jason, lot's of discussion here don't worry!
bobriakov.igor
2020-09-05 05:48
indeed. There is somehow adjacent Nomadlist slack, but I felt it is rather concentrated on travelling and other topics, without much focus on freedom/flag theory stuff itself
yaron.been
2020-10-04 07:42
Hi All!
Glad to join.
My name is Yaron Been, originally from Israel, travelling the world with my wife in the last 2 yrs.
We own multiple ecom stores and an ecom consulting business.
Looking forward to gaining and sharing knowledge with you guys :slightly_smiling_face:
benjamin
2020-10-04 08:54
Welcome @yaron.been. I'm in ecom too.
danz
2020-10-04 10:28
Welcome:)
yaron.been
2020-10-04 10:36
Thank you! :slightly_smiling_face:
mb
2020-10-05 07:35
Welcome @yaron.been!
yaron.been
2020-10-05 09:04
Thanks you :slightly_smiling_face:
frederic.scheffer
2020-10-05 15:53
Welcome @yaron.been. Ecom guy here as well, travelling the world most of the time (not now!)
yaron.been
2020-10-05 17:55
Haha thanks Fred.
Yeah, we're still traveling despite of the COVid , mainly in Eastern Europe these days :slightly_smiling_face:
mb
2020-10-05 19:22
@yaron.been What countries in general?
yaron.been
2020-10-06 03:11
In the last few months, we spend a while in Belgrad which was Amazing and now we're in Bulgaria.
tiagomdreganha
2020-10-06 07:55
eCom here too
Been in Crete, Greece for the past 4 weeks, everything is great here. Had Santorini to ourselves this weekend, empty streets, hotels & charter yatchs at half price, once in a lifetime experience
mb
2020-10-06 08:14
Been in Slovenia for some weeks. Prague before that (very quiet and able to bargain on AirBnB's). Soon back to the Netherlands then back again to Eastern Europe.
Just had to quarantaine in Slovenia for 14 days. Although they mentioned they'd do checks at your house, none were conducted.
bobriakov.igor
2020-10-06 10:47
@tiagomdreganha what places/towns in Crete you may recommend for a visit?
jason
2020-10-06 15:45
You guys are making me jealous, really got to get this business profitable :smiley:
tiagomdreganha
2020-10-08 08:05
A quick google search will show all the usual spots. Mostly beaches and hikes, not much else to see. Most stuff is either west or center of the island, closer to Chania, not much to see in the East I'd say.
cutepetthings
2020-10-09 09:52
used to be true but you can get in now for much cheaper on a business visa
leehodg
2020-10-21 17:39
Hi All, nice to be here. I'm Lee and from the UK originally. I work as a freelance Software Developer, whilst travelling around various countries over the last 5 years. Hoping soon to get 2nd residency in Costa Rica/Nica next year. Hope I can learn a lot here
yaron.been
2020-10-21 19:49
Welcome @leehodg :slightly_smiling_face:
mb
2020-10-22 07:07
Welcome @leehodg!!
leehodg
2020-10-22 13:36
Thanks!
coreyarice
2020-11-23 11:37
Hello! My name is Corey. I?m original from the US and employed in software. I?m exploring options to gain residency in Argentina and @burrup.lambert Recommended I check out this group and the other options that planting different flags around the world can open up Excited to learn and contribute what I can to the community
mb
2020-11-23 12:23
Welcome Corey!
yaron.been
2020-11-23 15:38
Welcome Corey!
jason
2020-11-23 22:12
Hello!
jason
2020-11-23 22:12
Why Argentina? :smiley:
coreyarice
2020-11-23 22:18
I was traveling around South America before the pandemic and ended up here. The quality of life here is really high and I enjoy it.
coreyarice
2020-11-23 22:18
The tech scene here is really strong and its been easy to make connections
jason
2020-11-23 23:28
That's cool, I need to explore more tech hubs outside the US.
yaron.been
2020-11-26 05:25
@coreyarice
Do you mind sharing some more impressions from the current state in South America?
Where are you currently staying?
What is your take regarding Personal safety?
Cost of living?
My wife and I are thinking of going to Colombia/ Peru.
coreyarice
2020-11-26 10:55
I am in Palermo, Buenos Aires. Its great and reasonably safe. I love it here. Lima wasn?t my favorite for a number of reasons and currently they are experiencing a lot of unrest
coreyarice
2020-11-26 10:56
Cost of living in BS is great right now if you have USD. The unofficial exchange rate is almost double the official rate
yaron.been
2020-11-26 12:52
Oh nice, sounds interesting.
Thank you for sharing :slightly_smiling_face:
lvasc
2020-12-09 23:56
Hello :) My name is Lucas, from Brazil, I'm a software engineer, specifically SRE currently focused in Blockchain protocols.
I'm here trying to start my new fully online business, glad to join this amazing place.
yaron.been
2020-12-10 12:51
Welcome Lucas :slightly_smiling_face:
eran.seobest
2020-12-10 13:41
Hi Guys, my name is Eran. I'm originally from Israel , with a German passport.
for the last 7 years have been living in Thailand and mostly the last few years was running my mobile gamea company.
i have started kind of early , selling on ebay at the age of 15 , did that for a few years and from there went on to websites and SEO and had an internet marketing company in Israel, until i Left and traveled the world.
recently registered a UK company with Simon's help and now interested in getting back to selling online.
sorry for the long intro :)
mb
2020-12-10 13:53
Welcome @eran.seobest!
yaron.been
2020-12-10 15:21
Welcome @eran.seobest :slightly_smiling_face:
michael
2020-12-10 15:26
Welcome Eran :slightly_smiling_face:
michael
2020-12-10 15:26
A couple members here are in Thailand too.
seb.malek
2020-12-10 16:57
Welcome!
eran.seobest
2020-12-11 03:11
great, nice to chat with you all :)
me1892
2020-12-11 04:17
Welcome!
guillaume.hucheloup
2020-12-19 02:37
Hi all. I'm Gui, market strategist / portfolio manager for VCs and Private Equity in Crypto. Based in Thailand for the past few years, I'm currently touring South America. Looking forward to connect and exchange knowledge. Blessings to you all
yaron.been
2020-12-19 06:40
Hi Gui,
Welcome :slightly_smiling_face:
eran.seobest
2020-12-19 06:47
welcome @guillaume.hucheloup :slightly_smiling_face:
maxsuur
2020-12-19 12:22
Welcome Guillaume
mb
2020-12-19 12:52
Welcome @guillaume.hucheloup!
jonathan.galovan
2020-12-19 19:08
Hey, I'm Jon from Sweden :flag-se: and currently in Spain. Working a lot with social media and influencer marketing. Looking forward to learning more about this new way of living!
guillaume.hucheloup
2020-12-19 19:12
Hi Jon, welcome ! :wave:
eran.seobest
2020-12-19 23:19
Hi Jon , welcome :)
yaron.been
2020-12-20 05:40
Welcome Jon! :slightly_smiling_face:
arthur.vandelaak
2020-12-31 19:40
I am Arturo with EU passport, currently travelling and not a resident anywhere. Before that, I had 10 years residency in Andorra and 3 years in Malta. Looking at establishing tax residency in Cyprus as it has only a minimum of 60 days. Also has non-dom rules on divi. I run a location independent SEO company.
jason
2020-12-31 23:52
Welcome @arthur.vandelaak
yaron.been
2021-01-01 06:34
Welcome @arthur.vandelaak :slightly_smiling_face:
danz
2021-01-01 09:12
Welcome, also doing SEO:)
guillaume.hucheloup
2021-01-01 18:43
Welcome on board @arthur.vandelaak and happy new year !
buynps.org
2021-01-01 19:53
welcome @arthur.vandelaak!
jonathan.galovan
2021-01-06 14:31
Welcome @arthur.vandelaak how come you left Andorra?
arthur.vandelaak
2021-01-06 14:36
Andorra is a lovely country and has a nice and affluent expat community. It is safe and has good schools for kids. I have loved my 10 years there is am an avid skier and boarder. For me, it was getting too small, a bit like living in the Truman show. The local banks suck and are only good for locally operated business (within Andorra borders), not for international-minded people. Having the residency badge Andorra makes things a lot harder to set up internationally. Also the 2008 and European debt crisis of 2012 has stopped most property development, this started only to pick up again in 2018. This means that Andorra has a severe lack of quality property that expats can rent. This has driven up rental prices too high prices. For what I was renting in 2010 I would pay now 120 to 150% more. There is a lot of pent up demand from people wanting to move to Andorra as they are afraid of the Covid19 tax bill in their home countries that will hit the wealthy people.
arthur.vandelaak
2021-01-06 15:12
From a country point of view, the debt to GDP ratio is relatively small but growing rapidly. I would say Andorra makes 80% of its revenue from tourism and people coming to shop for low duty items and alcohol and cigarettes. Covid19 is hitting Andorra harder then others in Europe. The annual budget of government is 420 million. 25% of that is coming from tobacco duty only. To maintain its low tax status, shoppers and tourist will need to return. Andorra will also need to diversify its economy to be more than mountain tourism and shopping paradise in the Pyrenees. My guess is that the massive financial hole of Covid19 will lead to tax increases. Andorra's banks are also engaged in fractional reserve banking but with no lender of last resort like the ECB. So far there are no Icelandic or Cyprus style stresses, however local banks are still saddled with non performing loans from the 2008 crisis. Andorra needs to successfully transition its economy, absorb the covid debts, negotiate the EU association agreement, get its bank healthy (forcing the banks to merge and layoff) whilst keeping taxes low to not scare its sizeable HNWI community. The government is nimble and listens, but the task is huge.
jason
2021-01-07 00:55
@arthur.vandelaak I wasn't the one asking, but that's some great intel for the rest of us too!
ladislasmaurice
2021-01-07 14:01
@arthur.vandelaak insightful. Thank you
terraformingmedia
2021-01-20 02:33
Hola. Do you know the news about the spanish youtubers moving to Andorra recently?
ricoyouz
2021-01-25 04:56
Hi Everyone, i just joined yesterday and can't believe myself such community exist that i was looking for since 11 years and living like a nomad from country to country (30+) and fighting with banking, residencies etc.. figuring out everything by myself
Living now in Japan
brent
2021-01-25 05:09
Welcome @ricoyouz. Where in Japan are you living? I've been wanting to get back to Japan for a while. I honestly think it's one of the best places out there...
ricoyouz
2021-01-25 05:31
In Tokyo
Not the best but every place has pros and cons
brent
2021-01-25 05:34
Yeah, fair enough. I really like Osaka and Sapporo
brent
2021-01-25 05:35
You there on a long-term visa, or were you just nomading pre-covid?
mb
2021-01-25 06:35
Hi @ricoyouz welcome!
yaron.been
2021-01-25 07:49
@ricoyouz Welcome!
ricoyouz
2021-01-25 08:29
Thank you guys!
rtiagm
2021-01-25 08:44
I'm also in Japan, Kyoto.
rtiagm
2021-01-25 08:45
Long term visa but changed recently to designed activities. I wanted the regular tourist visa but they are not giving that one anymore.
brent
2021-01-25 08:46
Nice. I was looking at a education visa...but seems you can't get that now, with the new strain...
brian.ppcmanagement
2021-01-25 12:18
Hey everyone I also just joined yesterday! I've been digitizing some of my income since summer 2019 so fairly new to the game. Currently live in Spain, and working on my business here are in some aspects extremely time consuming administratively as well as costly. Especially for a new starter . Glad I found this community and will try to learn as much as possible from you and share my learnings. Especially on how i can structure my business in a tax efficient way with less of an administrative headache as a welcomed bonus
rtiagm
2021-01-25 14:21
Yes, I think they aren't accepting new student visa applications until the lockdown is over. Last time I heard, it was until the end of January but it might have been extended by now.
guillaume.hucheloup
2021-01-25 17:03
Welcome @brian.ppcmanagement -)
yaron.been
2021-01-26 05:47
@brian.ppcmanagement Welcome :slightly_smiling_face:
roman.buzko
2021-02-07 03:53
Hi everyone, happy to join the community! Honestly, didn't expect to see so many digital nomads! I am currently based in the US, but usually reside in Russia/Bali/EU.
yaron.been
2021-02-07 06:38
Welcome @roman.buzko :slightly_smiling_face:
mb
2021-02-07 12:39
Welcome!!
g-dufresne
2021-02-07 16:02
Hi everyone, I am very happy to join the community ! I come from France and I am travelling about 6 months a year. Before end of this year I would like to be tax resident to another country mainly because I am trading crypto and my country is NOT very attractive for crypto revenues (also because I plan to live outside of France most of the time). See you soon on Slack :wink:
arthurmarie1991
2021-02-07 16:07
Hey Guilllaume
I?m french too
Why do you say that France is very attractive for crypto revenues ??
g-dufresne
2021-02-07 16:17
Oh, my bad, I have corrected .. is NOT very attractive.. Thank ! :thumbsup:
arthurmarie1991
2021-02-07 16:20
haaaa i got it
arthurmarie1991
2021-02-07 16:21
Portugal you have 0% tax
g-dufresne
2021-02-07 16:23
It looks like 0% if the work was performed outside Portugal. Are you Portugal resident ?
arthurmarie1991
2021-02-07 16:39
I?m going to be this year yes
arthurmarie1991
2021-02-07 16:39
in the process right now
g-dufresne
2021-02-07 16:46
Can I DM you ? :slightly_smiling_face:
arthurmarie1991
2021-02-07 16:51
Yes
mich_cello
2021-02-11 23:35
Hello, I?m Italian since a couple of months finally resident outside this hell of a country. I?m now in Switzerland, not the best for a tax free life and quite expensive in general but good overall. It has been the second choice after that UAE plan got destroyed by covid (I need to be in Europe in person every couple of weeks for business and now it would be too messy living there and travel). I?m planning to open an offshore LP/LPP to manage my online business with my wife. Glad to be here
jason
2021-02-12 02:13
@mich_cello I'm Italian / American dual citizen, welcome sir!
brad.couper
2021-02-12 02:36
Hi all - just joined up, dropping a note to say hi!
Wife & I are Aussie citizens, travelling full-time for the past 18 months, just now learning the ropes on getting structured for a tax efficient life.
Just got to Thailand on Monday, so currently doing quarantine which is a great opportunity to be forced to sit still and read, learn and plan! Hoping to learn a lot from you all.
benjamin
2021-02-12 05:11
Welcome @brad.couper I'm also an Aussie in Thailand :pray:
brad.couper
2021-02-12 05:42
Hey, thanks @benjamin - we are itching to get out, have some fresh air and go to the beach.
benjamin
2021-02-12 07:38
@brad.couper I can imagine. Beaches are great right now too. Super clean and empty in most areas. Check out this lonely fisherman :joy:
russ7
2021-02-12 21:17
Hey guys. Brand new here ? what?s the best way to get some advice on my personal situation?
brad.couper
2021-02-13 09:29
Lucky guy! I'll let you know what the beaches are like when I get out of quarantine. Only 10 days to go :face_with_rolling_eyes:, but who's counting!
burrup.lambert
2021-02-13 13:40
Ask!
michael
2021-02-13 14:40
lol
one.more.ravi
2021-03-02 01:32
Folks
I am Ravikanth. I am from India. Have spent almost a decade focussed on meditation. Am a blockchain technology expert. Worked on replacing India's financial banking infrastructure with blockchain(2billion transactions a month). Currently building algos for trading and I am also working through manual trading. Also an alumnus of IIT Madras. Excited to see how my involvement in the group shapes up ;)
one.more.ravi
2021-03-02 01:37
Does anyone have connects or experience with someone who has done SPACs? Friend's company(where i am a minority investor) has recently signed up with a merchant banker for 50mil USD underwriting. Please let me know if any of you has connects or experience in this area.
guillaume.hucheloup
2021-03-02 03:31
Welcome @one.more.ravi!
yaron.been
2021-03-02 07:31
Welcome @one.more.ravi
one.more.ravi
2021-03-02 07:33
Thanks
danz
2021-03-02 14:29
Welcome!
bobriakov.igor
2021-03-02 17:07
Welcome @one.more.ravi
bobriakov.igor
2021-03-02 17:07
Re meditation - what is daily amount of meditation you may recommend for beginners?
one.more.ravi
2021-03-02 17:41
The first thing is to clearly know what meditation is. Otherwise you will always wonder if meditation is one big nonsense or scam :slightly_smiling_face:
one.more.ravi
2021-03-02 18:07
This is a very personal notebook of observations which only a few close friends watch it. I initially started started noting down a few observations for myself. https://mobile.twitter.com/helloravikanth
leehodg
2021-03-02 18:30
I'm a big fan of https://wakingup.com/ Sam Harris takes a very rational approach to meditation and I enjoyed that
one.more.ravi
2021-03-03 00:25
I have heard his name recently long after my questions got answered/dissolved. It is not possible for anyone to say anything new when there is source of truth :). Meditation will pass scrutiny that is applied any scientific discovery. It needs a framework of its own for the scrutiny but it will pass through it.
one.more.ravi
2021-03-03 00:57
@bobriakov.igor. If you are meditative then every moment of your life is a meditation. It just seeps into everything in your life and activity starts happening in the lap of meditation. Do what needs to be done for that to happen.
If you want a comprehensive overview of methods to get there i strongly recommend "teachings of Ramana Maharshi" by Arthur Osborne.
Fundamentally there so many "methods" of meditation because there so many different types of minds.
bountybairn
2021-03-03 18:21
I enjoyed a Lodro Rinzler book I listen to on audible, was quite practical also....i need to look into this again, been using a calm a bit which is decent but could and should try some more - will check out the above - thanks!
hanifk
2021-03-04 11:17
Reflection on the way most humans perceive the important elements governing their lives.
hanifk
2021-03-04 11:45
@bobriakov.igor Daily 5-10 mins morning and evening given to yourself for meditation is beneficial to the well being for anyone. you can do this in comfort wherever you are.. https://wemeditate.co/ All these classes online and physical locations around the world are offered completely free. There can be no payment to be in touch with the power and energy which we are surrounded by. If anyone needs to know of any classes closer to them please message me. practiced in over 150 countries, so sure to find someone to help you where you might be.
igor.zitser
2021-03-24 22:54
Hey everybody. just started looking at options to optimize my taxes. US citizen, do not plan to renounce citizenship. Looking at opening foreign company(estonia ?) or potentially do tax residency. Mostly trading crypto. My primary goal to minimize short term capital gains and setup a structure which will allow to defer capital gains.
henry
2021-03-24 22:58
Know someone who was based in US and moved to Portugal to cash out crypto gains in a tax efficient way. Believe just for a short time. Sorry don?t know more about it but hope this helps :slightly_smiling_face:
igor.zitser
2021-03-24 23:05
yes, this is one of the considerations.
guillaume.hucheloup
2021-03-24 23:08
Hi @igor.zitser I've heard of accointing for crypto recently through this tip, I haven't got any other help for you as I'm no US resident and based in Thailand but I thought you might want to give this a look
igor.zitser
2021-03-24 23:10
THanks @guillaume.hucheloup, this is one of the tricks,but as author mentions not to touch anything in profit as it will be taxed...
guillaume.hucheloup
2021-03-24 23:11
Yup I know it might just be on your toolbox already just thought i'd put this in
guillaume.hucheloup
2021-03-24 23:11
Good luck !
tiagomdreganha
2021-03-24 23:56
Crypto trading is not tax free in Portugal as its considered a business activity.
It only works for long term HODLers.
mikeseo
2021-03-25 18:07
don't think FEIE works for cap gains.
I think puerto rico is only option?
rob713
2021-03-28 10:03
Hey all, just joined up from Australia. I would love some good advice on this tricky area of international tax as it appears its hard to find!
I have finally been trading forex quite successfully for the past 6 months using an algo I wrote, however ASIC have just changed the rules and lowered leverage considerably. Retirement is now much further away.
? I need to incorporate outside Australia (my broker will allow most countries and give me back 1:500 leverage).
? Money must be remitted via international account to meet my broker?s requirements.
? While I?m at it, tax minimisation in order to aid compound interest is a must.
? I?m not leaving Australia for at least another 3 years. (I spent 10 years living in Thailand and Cambodia but 18 months ago I moved back ?home? to Sydney to help my wife get her Aussie citizenship).
Any advice is greatly appreciated, thanks!
burrup.lambert
2021-03-28 17:09
Hi @rob713, have a look at https://www.fxpro.com/. You might also be able to talk to IC Markets and get them to move you to their Seychelles entity. I also believe Pepperstone has a Bahamas entity that you could use.
You are looking to actually incorporate an entity and trade through it? Someone might be able to correct me here but I think that with Australia's CFC laws it isn't going to help you much.
rob713
2021-03-29 00:17
Thanks @burrup.lambert I've got the broker side covered already. Just need to incorporate outside Australia somewhere to pull it off.
rob713
2021-03-29 00:18
I'm considering a UK LLP owned by 2 holding companies in Australia. That will limit tax to 25% and still let me open a full leverage broker account via the UK LLP.
igor.zitser
2021-03-29 19:03
I've been to puerto rico -;not an option for me.
randyoh1211
2021-04-08 07:54
Hello everyone, I recently joined based on the recommendation of a friend.
I am hoping to open a personal offshore bank account remotely. Based on some initial research the "remote" part makes it quite difficult, but 1 of the options I have come across is Georgia. I was wondering if anyone had some pointers for Georgia or any other possible countries? Thanks in advance for the assistance.
simon
2021-04-08 08:46
@randyoh1211 Welcome Ro! If you can deposit more than 200k USD, Citibank in Singapore accept remote applications and is a pretty good option. If you prefer a smaller minimum deposit, the banks on the Isle of Man usually accept remote applications (Standard Bank only asks for 6000 USD, Barclays asks for 100k).
randyoh1211
2021-04-08 08:54
@simon Thanks for quick response. Can applications for accounts in Singapore and Isle of Man be completed individually by going to their respective websites or are local agents required?
simon
2021-04-08 11:04
You can apply directly on their website (and should, as agents won?t provide any added value).
For example:
https://www.ipb.citibank.com.sg/english/forms/english/open-an-IPB-account/open-an-ipb-account.htm
https://international.barclays.com/#apply
https://international.standardbank.com/international/personal/products-and-services/bank/international-bank-accounts
buynps.org
2021-04-08 13:06
@simon any way to get around them not accepting residences of panama?
simon
2021-04-08 14:51
You could apply using your home country?s tax ID and then switch to your Panama tax ID once approved
buynps.org
2021-04-08 15:11
thanks @simon is that above board?
buynps.org
2021-04-08 15:11
any exposure in home country?s tax stuff?
martinitrade
2021-04-22 15:33
Hey guys, decided to join because I've been traveling for the past 3 years and want to smarter with my taxes. Hope to get the right info here and shar emy experiences.
yaron.been
2021-04-23 07:53
Welcome @martinitrade :slightly_smiling_face:
mattjlittle92
2021-04-25 07:22
Hi guys, I?m an Aussie based in Thailand for 5 years now running an ecommerce store in Australia.
I?ve still got companies and bank accounts setup in Australia but planning to completely change my setup and take advantage of Thailand?s foreign earned income tax laws.
If anyone has some experience/ recommendations I?d love to to chat with you or even an advisor you?d recommend.
simon
2021-04-25 07:31
@mattjlittle92 Is the company run from Thailand? Only income generated outside of the country (work performed while physically outside the country), and not remitted, is exempt.
mattjlittle92
2021-04-25 07:33
Interesting. I run the company from Thailand with the help of a couple of contractors in PH, and Australia.
mt
2021-04-25 07:33
@mattjlittle92 i would make sure you get a very good accountant in Australia to help you with this - even ticking the incorrect box on your exit card when going through immigration could be argued in court if you get audited and the ATO investigate.
you need to basically give up everything, drivers licence, bank accounts, phone bills - literally anything to be exempt from income tax in Australia..
mt
2021-04-25 07:34
literally everything*
mt
2021-04-25 07:34
is your company currently a Pty Ltd ?
mattjlittle92
2021-04-25 07:34
Yes it's a pty ltd in AU atm.
mt
2021-04-25 07:35
yeah - your gonna have a hard time moving this to become a non-tax resident..
mt
2021-04-25 07:35
thats from my knowledge anyway. as i mentioned in the other thread - my accountant told me last week, that even a simple tick of the wrong box on your exist card has been argued in court
mattjlittle92
2021-04-25 07:36
Yes, I've heard they crack down on these things! Some of the example on the ATO website made it clear how closely they'll monitor things like departure and incoming passenger cards.
mt
2021-04-25 07:37
you basically need to show the ATO that you have zero intention of coming back to Australia.. ive looked into it a lot, because i too live O/S but to become a non-tax resident looks quite challenging..
mattjlittle92
2021-04-25 07:38
I see, so from a personal non tax res perspective it's quite challenging with all of the requirements. Is it still possible to optimise corporate structure while being a AU tax res?
mt
2021-04-25 07:38
yes i believe so - its mainly the income tax which is the tricky part
mattjlittle92
2021-04-25 07:38
I am open to moving companies or shutting them down if need be, for both corp or personal savings
mt
2021-04-25 07:40
yeah i think you need to look at a LLC + maybe a holding company in Singapore..
The best way for us at the moment is a Family Trust in aus, as we can have multiple beneficiaries under that trust who we can distribute the profits too and reduce the tax liabilities
mattjlittle92
2021-04-25 07:42
Interesting. Do you have any resources you could point me towards with info on this?
mt
2021-04-25 07:42
I can intro you to my accountant
mt
2021-04-25 07:43
we have only started with him in the last 2 months ( i have [previously done an EMDG grant with them) They have to be some of the best out there - especially for ecom, they have some e com clients doing 20MM revenue
mt
2021-04-25 07:44
His advice and dealings have been honestly the best ive had with an accountant - which are generally very bland.. this guy is young and cool
mattjlittle92
2021-04-25 07:45
Sounds like he knows his stuff. EMDG can be super complex.
mt
2021-04-25 07:45
yeh these gusy got me 4 of them
mattjlittle92
2021-04-25 07:45
That would be unreal if you could introduce me to him
mt
2021-04-25 07:45
guys*
mt
2021-04-25 07:45
yup - just trying to launch Fb ads atm - drop me your email and ill do it :slightly_smiling_face:
mt
2021-04-25 07:46
saw your message and thought - happy to give my thoughts to another aussie :wink:
mattjlittle92
2021-04-25 07:50
Thanks bro!
anton
2021-04-28 02:55
Hi all, I?m Anton from the Netherlands, currently in Thailand (koh Phangan) - as this was one of the few countries open for traveling. I?m running platforms for online courses, focussed on the dutch market. Currently looking to relocate personally to Georgia or take advantage of the NRH regime in Portugal, and keep the businesses in NL. If there are people that have been through similar processes, i?d love to connect!
yaron.been
2021-04-28 05:57
Welcome @anton
:slightly_smiling_face:
mb
2021-04-28 09:36
@anton Welkom! :wink:
martinitrade
2021-04-28 16:59
@anton Ey fellow Dutchie, welcome. In the same boat as you and still trying to figure out the best setup, so I can't be of much help atm.
danz
2021-04-29 04:05
Welkom Anton, stuur gerust een pm als je vragen hebt:)
d.mikocionis
2021-04-30 13:37
How is the situation down in Koh Phangan? Looking to go there maybe in 2-3 months
anton
2021-05-01 09:33
Ah yeah it was pretty good - now there are some new cases in Thailand so things are a bit more tight, but before that, it was pretty chilled. Bars, restaurants, everything good and life was pretty much normal here
valentini.business
2021-05-28 11:46
Hello! I'm Mike, italian.
I'm a crypto trader and I'm looking to move in Portugal for paying less tax than in Italy.
The information that i find on internet is not very clear.
I would like to know if there is someone in this community that has already done this and that could share some piece of advice. Thank you very much.!!!
tiagomdreganha
2021-05-28 14:02
trading crypto is not tax exempt in Portugal as it's considered a business activity
Portugal is only good to offload crypto from HODLing
jason
2021-05-28 15:45
I would be very interested to know the legal definition between trading and hodling, surely there would be some kind of defined time range?
jason
2021-05-28 15:46
and does it matter if it's personal funds vs client funds (where you are running a business as a broker)?
tiagomdreganha
2021-05-28 15:51
The whole "crypto isn't taxed" isn't even set in stone, there's no proper rulling about it, just some information that came out of the tax man in a non binding way. So forget about knowing exactly what is considerable taxeable or not with 100% accuracy.
The point here is, is it active income or passive income. Active income, where you're considered a "trader" and you "trade for profit" on a frequent basis, is taxable. Sure you can try to go under radar, you'll most likely will, but I wouldn't move to Portugal to be able to trade crypto tax-free...
Passive, so far, isn't taxed, but that may change anytime soon. So if you're planning on selling a good chunk of crypto, a move to Portugal may be worthwhile
td
2021-05-30 12:28
cyprus might be the better option for you for active trading
valentini.business
2021-05-31 09:54
Thank you guys for your information and recommendation. :smiley:
ben659
2021-06-14 20:32
Also be aware that Portugal can be funny about you leaving. If you own a home there, you?re going to have a hard time arguing you?re not tax resident. Additionally, they are hot on their tax haven blacklist - if you have a relationship with one of those countries while living or when leaving Portugal, you can expect to be on their radar
jareddu
2021-09-17 17:39
Hi! I am Jared from the Netherlands and living in Thailand. I recently incorporated an UK LLP with myself and my Belize company as a shareholder to be tax-exempt since no work is done in UK and not residing there. However, I am not entirely sure regarding the latest changes in the Belize. IBCs are now obliged to file annual tax returns, accounting records, pursuant to the requirement of the Income and Business Tax Act.
I now need to apply for a TIN and pay taxes in Belize OR if not doing any business there I would need to prove that taxes has been paid in another jurisdiction. Anybody else has a Belize company and experience with this?
Maybe another solution is to move away from Belize since it is no longer the zero-tax safe haven?