Recent content by freedomseeker

What are some of the best ways to make money during a recession? Make money off the market by shorting it? (use a etf to short the market as a whole?, wise to use a x2 or x3 short etf?). Other better options?

Thank you for the response. Then perhaps would it be better to have the pension go to my Canadian bank account (which i am allowed to keep as a non resident as long as it isn't a daily use account) then transfer the funds to wise. (would that be enough steps to not trigger notifications if i...

Since residency, visa, and tax law are always changing and hard to keep track of would it possible to create a sticky thread of a master list of countries that is updated on a ongoing basis? Ie country A) - residency requirements, time frame, cost, etc. - Taxes...

Any updates on the stay requirements of the new residency law? How long can one be out of the country each year for the 2 year period before one can qualify for PR?

That is a good point about flying up and down as opposed east west... lest time change jet lag.

Canadian, have a decent stock investment portfolio, but also a private sector pension. I want to become a non resident of Canada to save taxes on my investments, but if I move directly to a non tax or residential tax location like Dubai or Paraguay my pension will be taxed at almost double...

Because Canada withholds 25% of my pension if i choose Dubai over say Portugal (15%). ideally I am trying to find if there is a way to sever my ties to Canada by moving to a country with a tax treaty with Canada and then set up my residence someplace else. (ie say I set up residency in Portugal...

For tax reasons, and the ability to more easily become a non resident of canada, I am considering setting up residence in europe for a year as my home country taxes my pension income less with countries with a tax treaty. Larger however is my investment portfolio. My pension will be...

I think he meant it was great because they didn't crack down on freedoms like the other countries... ie could care less about testing, masking, or anything pandemic related. banking isn't the greatest though...But where to diversify for someone on modest means?

I appreciate your incite, but can I ask a question, I always enjoy your worldly incite, but in regards to the above countries against SG for storage of assets or gold how would they be safer or better? The above countries seem to have even less developed legal systems, influenced by autocrats...

Where would you recommend instead now?

How does one structure a company to trade with IBKR?Can non Americans set this up? Is it very difficult? Could one use say a wyoming LLC? What is the KYC like? Any limitations on where one is a resident in the world? What makes the USD a headache outside of the states?

Thank you for the wonderful reply. I have a few questions. If i apply to the S-MM2H, I hear recent changes have lengthened the stay in Sarawak to 1 month from 2 weeks, it also added money (i believe like $40,000) that must be deposited in a bank account. Can you recommend a immigration agent...

which banks in the channel islands would you recommend? I have done extensive research and I can recomend a agent. (about $2000 for the agent and all government fees and done in 5-6 weeks) I have a pension, but more then 50% of my money comes from investment in the stock market (mostly usa)...

As the title states, I am considering leaving Canada and getting residence in Paraguay (not to live full time, but as a base to set myself up tax wise). That being said I would prefer to do most of my banking outside of the country. Would obtaining Paraguay residence hinder myself from finding...