Which Spanish-speaking options do you have in mind? The usual suspects (Panama, Costa Rica, Paraguay)?
Best combination of high quality of life, entrepreneurial freedom and low taxes
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I totally agree on spending time in the countries, which is exactly︄ what I am doing right now.
I am looking at HDI because when I was︅ driving around for instance in the Bahamas it became clear that there is a massive︆ separation between how the rich and the poor live.
You have these beautiful gated communities︇ where everything is "nice" but as soon as you leave you feel like you're in︈ a third-world country. I learned that this kind of lifestyle (being rich in a poor︉ country) is not for me. I want to be able to just walk around and︊ feel safe and comfortable. I want to be able to connect with locals and not︋ just meet them because they are cleaning my pool.
From your list I'd say that︌ as of right now I can't imagine Costa Rica, Panama and Uruguay because of Spanish.︍ Thailand I spend some extended time in and was *very* happy when I left. Philippines︎ is too crazy for me Over 7,000 people killed in six months in Philippines 'war️ on drugs', Malaysia is an option.
I am looking at HDI because when I was︅ driving around for instance in the Bahamas it became clear that there is a massive︆ separation between how the rich and the poor live.
You have these beautiful gated communities︇ where everything is "nice" but as soon as you leave you feel like you're in︈ a third-world country. I learned that this kind of lifestyle (being rich in a poor︉ country) is not for me. I want to be able to just walk around and︊ feel safe and comfortable. I want to be able to connect with locals and not︋ just meet them because they are cleaning my pool.
From your list I'd say that︌ as of right now I can't imagine Costa Rica, Panama and Uruguay because of Spanish.︍ Thailand I spend some extended time in and was *very* happy when I left. Philippines︎ is too crazy for me Over 7,000 people killed in six months in Philippines 'war️ on drugs', Malaysia is an option.
It will be around 30%+ in federal income tax ($500k+), but I'm not an expert.
Ough. Then you should first try living in Miami︃ on a non-immigration visa. What you've described is relevant to Florida, albeit to lesser extend.︄ It has a very different vibe from, let's say, Barcelona lifestyle.
Ough. Then you should first try living in Miami︃ on a non-immigration visa. What you've described is relevant to Florida, albeit to lesser extend.︄ It has a very different vibe from, let's say, Barcelona lifestyle.
Source: I worked with Singaporeans before in a︁ job I once had and had many business trips there, all in all maybe a︂ year in total spent on the ground
It is a soft dictatorship to be precise.︃ Not something along the line from Stalin or Kim. But nevertheless it is heavily surveilled︄ as well with millions of cameras etc. But they also leave you pretty much along.︅
It is nice but Id never ever live there, except for 8 figure salary or︆ so. 😉
It is a soft dictatorship to be precise.︃ Not something along the line from Stalin or Kim. But nevertheless it is heavily surveilled︄ as well with millions of cameras etc. But they also leave you pretty much along.︅
It is nice but Id never ever live there, except for 8 figure salary or︆ so. 😉
Well, I spent a couple months in Miami / Bahamas / Dominican Republic and from what I've seen you cannot really compare these places in terms of feeling "comfortable" walking around.
I know that South Florida has bad areas but for instance in Miami I felt very safe going for a run through different neighborhoods in the evening while in the DR every supermarket had︀ multiple security guys that were openly handling shotguns.
I've hung around quite a bit with︁ locals in the DR as well and all of them told me that they actively︂ avoid driving at night because it is that dangerous. Even local Uber drivers said that︃ they wouldn't drive at night. I never felt uncomfortable driving around in Florida after dark.︄
Similarly in the Bahamas - I've talked to locals and all of them recommended to︅ live in a gated community (if you can afford it) because violent break-ins are that︆ common.
This is very different from my experience in the US.
I know that South Florida has bad areas but for instance in Miami I felt very safe going for a run through different neighborhoods in the evening while in the DR every supermarket had︀ multiple security guys that were openly handling shotguns.
I've hung around quite a bit with︁ locals in the DR as well and all of them told me that they actively︂ avoid driving at night because it is that dangerous. Even local Uber drivers said that︃ they wouldn't drive at night. I never felt uncomfortable driving around in Florida after dark.︄
Similarly in the Bahamas - I've talked to locals and all of them recommended to︅ live in a gated community (if you can afford it) because violent break-ins are that︆ common.
This is very different from my experience in the US.
Great summary! I see it the same way - if I had a couple million I'd consider, but for now doesn't look like a great fit.
yes, CR and Panama for sure, maybe some areas of Mexico, Dominica maybe
all perfect distance and connection to US
all perfect distance and connection to US
I can't remember the last︀ time we had 4 months of cold weather, so not a very reliable source. Temperatures︁ are almost never below 20°, unless you live in the mountains. Even though English is︂ not the first language, everyone in Cyprus speaks English as a very high percentile of︃ the population are non-Cypriots.
As to your other points, agreed - there are no big︄ cities, even though lifestyle, especially in Limassol is quite high-end.
As to your other points, agreed - there are no big︄ cities, even though lifestyle, especially in Limassol is quite high-end.
Very interesting discussion! Let me add my 2 cents:
I know you “rejected” Greece already but let me make a case for Athens anyways: I (northern European) have spend a few months each year here for the last 10+ years:
PROS
+ Weather - One of the best in Europe.
+ English Language - I find that lot of people speak English in Athens and on popular islands
+ Athens is 1m+ size (so you find everything you need) and you can also drive to many surrounding countries. Or take the ferry overnight to southern Italy.
Or take a 1-2h ferry to amazing islands close︀ by
+ Airport is well connected to Europe and Middle East
+ Mediterranean life, food,︁ people
+ rents and property prices are still quite affordable compared to the rest of︂ Europe (especially to similar countries like Portugal)
+ I feel very safe and find the︃ development level sufficient. Sure streets and other things aren’t as new as in the north︄ of Europe but you get used to it
CONS
- taxes high
- Government and︅ government services often difficult to deal with (but with local lawyer it’s not too bad)︆
- government not considered entrepreneur-friendly , but I think they are trying to improve that︇
Overall I prefer Greece/Athens over all the other Mediterranean countries but that’s my personal opinion.︈
I know you “rejected” Greece already but let me make a case for Athens anyways: I (northern European) have spend a few months each year here for the last 10+ years:
PROS
+ Weather - One of the best in Europe.
+ English Language - I find that lot of people speak English in Athens and on popular islands
+ Athens is 1m+ size (so you find everything you need) and you can also drive to many surrounding countries. Or take the ferry overnight to southern Italy.
Or take a 1-2h ferry to amazing islands close︀ by
+ Airport is well connected to Europe and Middle East
+ Mediterranean life, food,︁ people
+ rents and property prices are still quite affordable compared to the rest of︂ Europe (especially to similar countries like Portugal)
+ I feel very safe and find the︃ development level sufficient. Sure streets and other things aren’t as new as in the north︄ of Europe but you get used to it
CONS
- taxes high
- Government and︅ government services often difficult to deal with (but with local lawyer it’s not too bad)︆
- government not considered entrepreneur-friendly , but I think they are trying to improve that︇
Overall I prefer Greece/Athens over all the other Mediterranean countries but that’s my personal opinion.︈
Monaco more or less what︀ you need. You have whole France , Italy on your doorstep.
Monaco is pretty much︁ English speaking. In winter yes, it would fall below 20. Mild winters and mild summers.︂ You can spend winter in other place?
But I really don't know any country who︃ would tick all boxes 🙂
Monaco is pretty much︁ English speaking. In winter yes, it would fall below 20. Mild winters and mild summers.︂ You can spend winter in other place?
But I really don't know any country who︃ would tick all boxes 🙂
I would say you would need at least 1m cash to just thinking moving there.
You would have to rent (or buy apartment!) and put into bank 500k-2m funds , which would have to be invested and kept whole time of residence.
Thats the price of this serious residence
All other options are either not 0% income tax, or islamic or island countries
You would have to rent (or buy apartment!) and put into bank 500k-2m funds , which would have to be invested and kept whole time of residence.
Thats the price of this serious residence
All other options are either not 0% income tax, or islamic or island countries
Well, I am not saying that it *doesn’t* exist in Miami but from what I’ve seen it is far less extreme than in the other places like the Bahamas or DR.
I agree with your point. Cyprus was actually quite high up on my list so I went there and spent some time in the different︀ cities.
While it isn’t my favorite place in the world it wasn’t bad at all.︁ I think if I wanted to stay in Europe and optimize for taxation I’d actually︂ relocate there because it offers a great combination of low taxes and good lifestyle.
However I am not to keen on staying in the EU (which is a different topic),︃ so it is not a great fit I think.
While it isn’t my favorite place in the world it wasn’t bad at all.︁ I think if I wanted to stay in Europe and optimize for taxation I’d actually︂ relocate there because it offers a great combination of low taxes and good lifestyle.
However I am not to keen on staying in the EU (which is a different topic),︃ so it is not a great fit I think.
Thanks for the reply!
I like Greece and thought about︈ it as well, however I really dislike bureaucracy and dealing with lots of paperwork in︉ a language that I don’t even understand is something that I am not really looking︊ forward to.
I think Greece would therefore rather be a good candidate as “second country”︋ where I would spend some time but not become tax resident.
I like Greece and thought about︈ it as well, however I really dislike bureaucracy and dealing with lots of paperwork in︉ a language that I don’t even understand is something that I am not really looking︊ forward to.
I think Greece would therefore rather be a good candidate as “second country”︋ where I would spend some time but not become tax resident.
Unfortunately Monaco is currently outside of my budget 🙁 Given the other options I don’t think that there is a zero tax country right now that fits well. Which is not a big problem, as said earlier, I’d rather comprise on taxes than on lifestyle.
Minimum net worth requirement for moving to monaco is $10 million. Otherwise you are wasting your time here. Monaco authority are very strict on 183 days presence in monaco.
Also they denied so many people visa.
You can check video here
Also they denied so many people visa.
You can check video here
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