Thank you for your feedback.
Is this from personal experience ?
The country attracts me much less immediately lol
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- Thread starter CrossedOut
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Is this from personal experience ?
The country attracts me much less immediately lol
Some things from personal experience, real estate thing from people sharing experiences in communities where Im at.
Caucasian region real estate often lacks planning because locals have different perception of convenience and healthy housing. For example they can build an apartment building with a room that has no windows. Real estate agent asked a potential buyer "why do you need windows for your children's bedroom? they are going to sleep there, arent they?" - without realising that people need windows for ventilation not to breed fungus and accumulate dust.
Construction companies may cut corners and avoid spraying water on their site as they're supposed to. It means when you're living nearby construction site be prepared to accumulate cancerous concrete dust in your room every time you try to open windows
Be prepared even in common life scenarios to encounter crazy s**t: people can easily use furniture woods as fuel for barbeque without thinking that they are about to enrich their food with formaldehyde and other components of periodic table.
Its just an example of the level of education and consciousness that you may encounter. And its okay if people do that to themselves, let them be. But often you will find their decisions directly impacting your health and peace too. Local's love for loud music and shouting even in normal conversation is another example.
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Well it said, Georgia seems to be not the best place to be, but for taxes arrangement, and paysage.
Thank you for your precious feedback.
If you want to live in a potential war zone and put up with a miserable life just to avoid paying taxes or to pay as little as possible, then Georgia might be the place for you. Personally, there are limits to how far I’d go to avoid the tax authorities. Both options feel like waiting for a bomb to drop or living with the constant fear of when it’ll all come crashing down.
Georgia is a modern place now. Huge expat community. Lots of luxury offerings. Whole of Europe is at risk of being invaded.
If I were to assess the risks, I don’t think I’d rely on Georgia as a permanent residence for the coming years. Especially if I were planning my future as a digital nomad, I’d consider Mauritius, the Bahamas, Australia, and New Zealand as good places to stay over the next few years until the situation becomes clearer.
It's not the fear of an invasion that's concerning; it's the risk of internal instability, particularly with the president labeling the parliamentary elections as fraudulent and encouraging protests. This situation could quickly escalate into a 'Maidan 2.0,' especially with support from Western governments. Additionally, following the constitutional changes passed in 2017 , the parliament is electing the president in December.
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What about Ddominican Republic or Costa Rica @CrossedOut . Both are territorial tax countries and Costa Rica offers a digital nomad visa .
I've found this about Slovenia ;
Tax law proposal:
The Slovenian Ministry of Finance has launched a public consultation on a proposed law to simplify the taxation of cryptocurrencies. The main points are:
- A flat tax rate of 10% on crypto-fiat conversions and cryptocurrency payments.
- A high exemption threshold of €15,000 per year, below which no tax would be due
Comparison with the current system:
Currently, there are no specific provisions for the taxation of cryptocurrencies in Slovenia. Individuals are generally not taxed on their cryptocurrency gains
Key points of the new proposal:
- Single rate of 10%: Would apply to all fiat currency conversion transactions and purchases made in cryptocurrencies
- Choice for individuals: Option to opt for either 10% taxation on the overall transaction amount, or 25% taxation on profits made
- Exemption threshold of €15,000: Property higher than the French threshold of €305
- Scheduled implementation date: January 1, 2022
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This country seems to be great.
I'm not a big fan of Latin America. If I can avoid it, that would be cool.
As a last resort.
I saw things about Costa Rica, but not about the Dominican Republic.
Yes, still I won't like to live there. That's my personal opinion.
Agree.. i don't see many reasons to live in Georgia either... Not so developed, not good weather, not beautiful, boring, not easy hub to fly in/out... If you can take advantages with golden / wealthy visa without need to stay anytime there ok.. But It doesn't really solve the problem of tax residency, if challenged by country of citizenship (or any other you spend 'lot' of yime) if you really never live in Georgia.. (like same with 60 non dom in cyprus)
