Hi,
German citizen here. Currently in Indonesia with no intention to return to Germany in the coming months.
I currently study and am not dependent on local income.
I’m so far still a German tax resident, but don’t really see much sense in continuing to be, as taxes are high and I’m paying taxes on my stock market investments.
Crypto I don't really have to pay as I can either fly under the radar or just hold for 1 year.
Therefore want to move my tax residency soon. To not pay taxes with my German brokers, I would need a Certificate of Residency from the new country I’m residing in.
Planning on switching to non-German brokers, but that would still require me to pay taxes.
Country wise, Indonesia won’t work as far as I know, as I’m here on a short term business visa.
I think keeping EU residency would be beneficial for me at this point and Ireland and Malta look good.
Just right now it doesn’t really make sense for me to fly to there and do rent a place and do things onsite due to Covid etc. Also I don’t really wanna spend much time in the EU at the moment.
Are there some good options for me to get an official residency in my situation?
I can get a South American passport fairly easy and would like to visit soon.
The country in question used to not have taxes on foreign sourced income, but has it now, to a lower degree.
I'm not totally against paying taxes, if it's not on the insane level as Germany.
I just struggle a bit with the 180 day requirement to stay in the country(ies).
I looked around and saw that Georgia doesn't require the 180 days, but for their HNW option my income is too low at the moment.
UAE looks nice as well, but again I think a bit too expensive for me.
I could see myself in both Asia and Latam at the moment.
How do you guys do this on a budget?
German citizen here. Currently in Indonesia with no intention to return to Germany in the coming months.
I currently study and am not dependent on local income.
I’m so far still a German tax resident, but don’t really see much sense in continuing to be, as taxes are high and I’m paying taxes on my stock market investments.
Crypto I don't really have to pay as I can either fly under the radar or just hold for 1 year.
Therefore want to move my tax residency soon. To not pay taxes with my German brokers, I would need a Certificate of Residency from the new country I’m residing in.
Planning on switching to non-German brokers, but that would still require me to pay taxes.
Country wise, Indonesia won’t work as far as I know, as I’m here on a short term business visa.
I think keeping EU residency would be beneficial for me at this point and Ireland and Malta look good.
Just right now it doesn’t really make sense for me to fly to there and do rent a place and do things onsite due to Covid etc. Also I don’t really wanna spend much time in the EU at the moment.
Are there some good options for me to get an official residency in my situation?
I can get a South American passport fairly easy and would like to visit soon.
The country in question used to not have taxes on foreign sourced income, but has it now, to a lower degree.
I'm not totally against paying taxes, if it's not on the insane level as Germany.
I just struggle a bit with the 180 day requirement to stay in the country(ies).
I looked around and saw that Georgia doesn't require the 180 days, but for their HNW option my income is too low at the moment.
UAE looks nice as well, but again I think a bit too expensive for me.
I could see myself in both Asia and Latam at the moment.
How do you guys do this on a budget?