Recent content by orangekangaroo

Check out this thread https://www.offshorecorptalk.com/threads/georgia-low-cost-setup-with-individual-entrepreneur-scheme.32281/

i asked this same question 4 years ago to a Georgian lawyer. I wanted to use the 1% as freelancer but with us LLC or UK LLP for legal protection. It did not fly and it was the end of me looking at Georgia for a low tax alternative.

Sark

I have just been to Luang Prabang for one month as a digital nomad. There is one coworking space and for 50% of the time there where only 2 to 3 people there. There is good food and plenty of great coffee shops. Hardly any nightlife bar a local bowling alley that serves beer and plays loud...

why not het the Barbados 2 weeks residency? And stay anywhere else less than 180 days.

Why not use the Greece regime. Same 7% but you can choose anywhere and it is for 15 years.

An interesting survey in the Thai examiner asked people what they would do with the new remittance-based rule that was introduced in 2024. Now that tax returns are coming for the first time at the end of March 2025, 55% of the people in the survey considered leaving or not moving to Thailand...

I have a friend in a similar situation, he wants a crypto off-ramp together with tax residency. He is working with a firm in Bali to set up a local company, visas, banking, crypto accounts, and tax residency to benefit from Indonesia's low taxes on crypto transactions 0.1%. Expect a lot of KYC...

I think this article writes it well from an expat's point of view and how they feel about the looming worldwide taxation rules. https://nomadgirl.co/end-of-the-thailand-dream-for-expats-new-worldwide-taxation-plans-loom/

https://www.thaiexaminer.com/thai-news-foreigners/2024/09/08/revenue-department-preparing-legislation-as-new-expat-tax-regime-may-link-visas-and-tax-returns/ This one also does not paint a rosy picture. I can see an exodus of expats coming. Expats will ask themselves what do I get for the 30%...

As someone that has developed and traded with EAs for over 10 years I can say it is not worth it anymore. You are trading against the broker. The will alter ticks, create slippage so you loose in the longer run.

You have said it yourself. Try Malaysia, they have a Digital nomad visa, no taxes for the DN. Plus islamic country, you may feel less discriminated and more at home. You can stay for a total of 2 years.

I think you are super optimistic on your trading profits, but you may have a magic bullet here. With regards to that to reach those profits you may have to do a lot of buying and selling. Which is turnover for the micro company. You could reach the 500k limit easily for hardly any gain, over a...

Micro companies pay taxes on turnover. Trading generates a lot of turnover so not a good mix. You can not offset losses.

It is called Spaindorra.