My current "end of days" solution ... On the behest of a forum member...

jafo

👁️ Quiet Authority
May 13, 2022
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This was the post that requested it Dubai is dead, any alternative to the free zone 9% tax? by @Marzio
, so here are a few of the places...

Full disclosure:
  1. I chose these places but as one of the many usufructuaries! Peruse this: What Is Usufruct? How It Works With Property Use and Example - This may come in handy for @369 and his beneficiaries.
  2. I usually purchase properties through Mercado Livre /Mercado Libre (MELI) Bloomberg - Are you a robot? because I own stocks in MELI and they act as a wonderful escrow agent. No chance of getting "ripped" off.
  3. There are 2 other options besides MELI to purchase homes and I'll disclose them later. One is a US Bank and the other is the neighbors.
  4. Prices are advertised prices. You can easily get 20 % to 40% off the advertised price depending on how you structure the deal. The more friction the higher the price.

These places have been chosen because the neighborhoods have people like the Ben Rickerts of the world in them,
These neighbors choose to stay the f*ck away from "civilizations" and want to be left the f*ck alone. Also, weapons are easily and legally obtainable in these places. Also, all your neighbors are armed, so there isn't much of a survival chance an "outsider" can come and take over.

In NO particular order...Let's start with those that are in neighborhoods of the usufructuaries, so they have been vetted:

Note: Obviously, I prefer Europe, especially Monaco, and Switzerland, or Asia, but Europe's demographics are changing and I don't feel like standing trial on a self-defense charge. My buddy and I got into a street fight with three "non-Europeans" in 2006 when we attended a conference at the Villepinte in Paris. Imagine staying at Le Bristol and having to throw hands with some street guys at midnight coming back from dinner.... Yeah...I'll pass. stupi#21

Asia, has China in it, and on the off-chance, there is a "problem", I don't think I'll be safe. Let's face it, if there are hate crimes...I can't pretend I am Asian or from Asia. 🙄
Also, I can't have weapons "legally" in Asia. cry&¤

(A) Regarding the 2 other options (mentioned in #3) the "neighbors & residents" use a platform where they can receive any amount of crypto (up to $50M) and can convert it to the local currency (or US$ or €).

(B) The neighbors can also accept crypto (after they've welcomed their new neighbor) and can provide liquidity to purchase a home or other large expenses.
Which is the reason I no longer try to onramp or offramp on exchanges or P2P. I do keep swapping excess USDT for Bitcoin though and this is solely thanks to the OCT forum. Special thanks to @JohnnyDoe and @wellington for inculcating that USDT/USDC is NOT a safe anything. I only keep what I need to trade with my suppliers. All excess I convert to Bitcoin. The OCT forum has been a real lifesaver! 😉

Note: I can't provide those above-mentioned services to others, since I am also a beneficiary of the largesse of these "neighborhoods". One of the "terms of service" is not to act as an intermediary to outsiders. cry&¤ Even if I wanted to, I can't profit from this. I have to respect their wishes otherwise they'll cut me off and I'm not looking to quarrel with my "neighbors".

You just have to take a vacation there to understand & experience it. Always best to contract a Spanish (Spaniard) or Portuguese (from Portugal) interpreter to go along or meet you there so things can go smoothly until you reach your destination (if you are not fluent in the spoken languages).

Start with Punta del Este in Uruguay. For example, it's only US$900/month to get your boots on the ground. 😉
Example: Alquiler Invernal Frente Al Mar - 2 Dorm Y Medio - Todos Los Amenities - U$S 900

In these neighborhoods, everyone is affluent and either studied in Europe (including the UK), the US, or at an International Baccalaureate school. English is NOT a problem to these people. In most of these neighborhoods, their quotidian language is either German, Italian, or English 😉
Note: The minimum wage cashier or the taxi driver does NOT speak English! Don't complain about them stupi#21

For example: The German Language In Blumenau Brazil

Good luck to you!

PS. Of course, there may be better options out there. It's an individual endeavor. Of course, if I were Chinese, Arab, or African, I would NOT choose the above-mentioned places for obvious reasons. 🙄
 
Really curious about the "I only keep what I need to trade with my suppliers. All excess I convert to Bitcoin."...

Why convert excess into Bitcoin? Do you consider it safe?

PS. Not a hater/critic, just trying to learn more.
 
MaximusDecimus said:
Why convert excess into Bitcoin? Do you consider it safe?
Click to expand...
The abridged version:
Several people on the OCT forum kept going back and forth and explaining inflation and how Bitcoin was a hedge against inflation. Not gonna deny it, hereinafter NGDI, I understood it the same way I understood 40 years ago that (excess) sugar was bad for me. Did I immediately jump into action against sugar? No... it took time to lower my sugar cravings. Same with bitcoin.

@wellington kept providing links and sources about how the "unnameables" had access to freeze & confiscate USDT/USDC 😳
@JohnnyDoe kept dropping Bitcoin witticisms
Many others (+10 people) on OCT, can't remember them all now, kept browbeating the rest of us with the benefits of Bitcoin.

I did a test.... I exchanged a large amount of USDT for Bitcoin and then juxtaposed it with gold, silver, platinum, and essentials like groceries, and meds.

I soon realized (OK.. 3 months later...I'm slow and stupid..what else is new? rof/% ) that the USDT swapped in Bitcoin kept growing. USDT was what it always was. Prices of groceries kept rising. 😳

It was at this moment I realized I should apply the same tactic I do on stocks: Figure out the intrinsic value and set a buy limit!
Since the excess USDT was profit, I could, in essence, gamble it away as I didn't need it. I also didn't have a better place to invest it. Also, I don't use exchanges, except for small things, so the "unameables" can see I only use it to buy groceries, supplements, and meds.

Note: Right now, I'm NOT too inclined to exchange excess USDT for Bitcoins. I was when Bitcoin was <30K. So, instead, I purchase excess inventory and send it to my clients.

I hope to have explained myself adequately.

PS. I have been buying Bitcoin for a while when I had excess cash and didn't want to travel with cash and didn't want to have to explain excess cash, so I used LocalBitcoins P2P until they eventually went out of business.
 
With the cost of mining Bitcoin and the world wide adoption thus liquid markets.

I imagine that's a safe bet.

Always thought Ben was in Malaysia - in the film - mind never been able to find the place.

There's some scientist that moved down to the Amazon during Covid - pretty interesting watching him.

I think though you can do the best of both worlds in Asia specifically Thailand - having said that the locals have since passed from being an annoyance to a grate.

At least South America you can literally disappear and be left alone.

Also I'd probably prefer to be in South America during the next war (biological warfare is a given with the way they are openly experimenting).

As for Ben - arguably that's kinda what I do

Last edited: Feb 7, 2024
 
jafo said:
The abridged version:
Several people on the OCT forum kept going back and forth and explaining inflation and how Bitcoin was a hedge against inflation. Not gonna deny it, hereinafter NGDI, I understood it the same way I understood 40 years ago that (excess) sugar was bad for me. Did I immediately jump into action against sugar? No... it took time to lower my sugar cravings. Same with bitcoin.

@wellington kept providing links and sources about how the "unnameables" had access to freeze & confiscate USDT/USDC 😳
@JohnnyDoe kept dropping Bitcoin witticisms
Many others (+10 people) on OCT, can't remember them all now, kept browbeating the rest of us with the benefits of Bitcoin.

I did a test.... I exchanged a large amount of USDT for Bitcoin and then juxtaposed it with gold, silver, platinum, and essentials like groceries, and meds.

I soon realized (OK.. 3 months later...I'm slow and stupid..what else is new? rof/% ) that the USDT swapped in Bitcoin kept growing. USDT was what it always was. Prices of groceries kept rising. 😳

It was at this moment I realized I should apply the same tactic I do on stocks: Figure out the intrinsic value and set a buy limit!
Since the excess USDT was profit, I could, in essence, gamble it away as I didn't need it. I also didn't have a better place to invest it. Also, I don't use exchanges, except for small things, so the "unameables" can see I only use it to buy groceries, supplements, and meds.

Note: Right now, I'm NOT too inclined to exchange excess USDT for Bitcoins. I was when Bitcoin was <30K. So, instead, I purchase excess inventory and send it to my clients.

I hope to have explained myself adequately.

PS. I have been buying Bitcoin for a while when I had excess cash and didn't want to travel with cash and didn't want to have to explain excess cash, so I used LocalBitcoins P2P until they eventually went out of business.
Click to expand...

Thanks for the long-form explanation. It is very helpful.
 
wellington said:
Always thought Ben was in Malaysia
Click to expand...
Probably! I was referring to the type of people.

A long time ago I was in an establishment in Bangkok (circa 2004?) and a few "Westerners" (read white folks; they could have been Russians or Eastern Europeans for all I know) got into an altercation with the locals. Luckily we were there with a few Thai businessmen and they shielded us and we got out of there. I don't look Thai and I don't have an Asian wife or GF to discourage the locals from ganging up on me if it gets down to "get whitey". cry&¤ In Latin America, I can easily be a descendant of those who fled WWII. 😉

As I mentioned before, if I were a different ethnicity, I would not choose Latin America to go hide in case of Armageddon.

Right, now I prefer to call Monte Carlo & Zug my permanent homes and hope nothing ever changes, but if it does...I have a safe place to flee! 😉
 
That's an impressive article you've written there, very detailed and with plenty of useful information and links so it's ready to use.

I myself have been to Uruguay a few times and think it's a quite peaceful country. I'm not familiar with the gun law there, but as far as I could see, the police were very present and I at least didn't see people walking with firearms on the street,

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jafo said:
Note: Right now, I'm NOT too inclined to exchange excess USDT for Bitcoins. I was when Bitcoin was <30K. So, instead, I purchase excess inventory and send it to my clients.
Click to expand...
you should only consider the risk of USD value going to zero vs BTC going to zero. You shouldn't care about the current exchange rate of BTC against USD, which btw is just a further indication of USD tending to zero.
Gold is an alternative if you are happy to handle kilos of the shiny thing.

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JohnnyDoe said:
you should only consider the risk of USD value going to zero vs BTC going to zero.
Click to expand...
Damn! Here you go again rof/%

Now, you are making me think deeply again rof/% and I'm devoid of the tools for that (thinking that is... rof/% )

I'm in...going down the rabbit hole .... AGAIN! 😉

Thank you! 😎

PS. I need a "pointing-in-the-right-direction push". Bear with me: I have stocks in KO (long story, but it's been decades). What I do is I also buy about 100 shares in the competitors...NOT because I like them, but because I want to get their annual reports and find out what they are doing/what goes on in the market that maybe KO is NOT telling their shareholders (negligence, willfully...who knows).
If it were up to you, would you buy some Bitcoin ETFs (just a small amount) to get their reports to see what goes on in the market or is this info useless in your opinion? 🙄
 
jafo said:
Right, now I prefer to call Monte Carlo & Zug my permanent homes and hope nothing ever changes, but if it does...I have a safe place to flee! 😉
Click to expand...

I loved living in Switzerland, especially until i started to receive all those tax bills. Is there a way to enjoy living in Switzerland with reasonably low taxes?
 
2fire said:
I loved living in Switzerland, especially until i started to receive all those tax bills. Is there a way to enjoy living in Switzerland with reasonably low taxes?
Click to expand...
Lump-sum taxation or living in Zug or being wealthy and only paying wealth tax.
 
wellington said:
Under 180 days a year
Click to expand...
Won't he lose his residency, though? 🙄

2fire said:
I loved living in Switzerland, especially until i started to receive all those tax bills. Is there a way to enjoy living in Switzerland with reasonably low taxes?
Click to expand...
BTW, which Canton inundated you with tax bills?
Were they personal tax bills or business tax bills?

Last edited: Apr 21, 2024
 
jafo said:
Won't he lose his residency, though? 🙄


BTW, which Canton inundated you with tax bills?
Were they personal tax bills or business tax bills?
Click to expand...
Yes that's the point surely if no residency but migrate to tourist
 
A very informative thread that I must admit I have overlooked so far. It also contains many good and important details.

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