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I would like to convert some of my EUR savings into USD. Therefore I am looking for a bank that fulfills the following requirements: - account can be opened remotely - offers USD as currency - no SSN necessary (but I do have an ITIN) - no US citizenship nor proof of address necessary - no...

Well, would you say that predicting the trends in currencies is the same as predicting trends in stocks? Because from a gut feeling I had the impression that there are definitely currencies that seem more stable than others. However you are probably right, this knowledge is already priced into...

Well, of course you're right in terms of inflation, but for this experiment we will have to ignore it, also because AFAICT it would affect any fiat currency anyway. Interesting! You are the only one so far who wouldn't diversify, mind sharing your line of thinking? :)

Here is a though experiment that I spent some time pondering about. Say you have €1M in cash which you want to invest in one or more currencies with the goal of maximizing stability (not necessarily profit) for the next 20 years. Which currencies would you choose with which share and why...

So if 90k (or 70k after taxes) allows one to live "very well" in the most expensive city in Switzerland, why do @JohnnyDoe, @marioIT and also you imply that you need a lot more to be comfortable? I mean, less than 100k income and no assets is definitely not "rich" by any means?

Just out of curiosity - I have a friend who got a job offer as a teacher in Zurich and will earn ~CHF90k. He decided to accept that offer and is currently moving. What kind of lifestyle do you have with basically no savings and 90k in Zurich? Are you constantly feeling "s**t, everything is crazy...

I can highly recommend Fastmail (Fastmail | We Respect Your Privacy & Put You in Control).

That is brilliant! No Google search results - so you came up with it?

I actually have a Revolut account and looked into them for exactly this purpose. Somehow I have a gut feeling that I don't really want to trust them but I can't really say why. Maybe it is unjustified. AFAICT they have a full bank license, so it shouldn't be too risky to leave less than €100k...

I am kind of in a similar situation as my income is highly unpredictable and I therefore keep a good stash of EUR for my living expenses (even though I don't live in the EU, I get paid in EUR). I am also thinking about converting part of it to USD or CHF, however I am regularly spending good...

YMMV. As someone in this forum once said: ”žOne man's paradise is another man's hell“. I would always suggest to review places yourself, you might actually have a completely different impression. For instance, a lot of people here really dislike the US and Florida, but I enjoyed it a lot...

I spent some time in Bali and Malaysia this year and while I loved Kuala Lumpur I couldn't imagine living in Bali. The reasons are: - it is extremely hot and humid, you constantly have a dew point of 26-27° - I mean Malaysia is a tropical country but compared to Bali in KL I actually enjoyed...

Is there actually a ”žfirst-world“ country left where the government is not trying to establish a Chinese style surveillance state?

200€/month just to get access to EU banks? :)

As in “It is EU, therefore great” or “Get out of the EU while you can”? :)

You think Malta would fit better than the Bahamas (Paradise Island) or Lyford Cay? I spent some time in Malta and in the Bahamas and I see pros and cons for both I think. Beaches and weather are of course a lots nicer in the Bahamas but I found Nassau in general quite depressive. The gated...

Well, the only income that is not exempt is So I would assume that you could put the crypto into a company (e.g. US LLC or UK LLP), sell it and pay yourself a dividend.

https://www.ird.govt.nz/roles/nz-tax-residents/exemption What do you think? It is quite hard to get a long-term visa for NZ but besides that it could be an interesting option to cash out crypto gains in a high reputation jurisdiction?

Of course Australia is leading the pack: Digital Identity Australian Government

So, in your opinion, what is currently happening in Australia that makes North Korea feel like heaven on earth?