Recent content by disconnected

If you have plenty of money and you don't mind paying taxes, Australia can be a great place to live. Look into investor and business visas. Better yet, talk to a reputable immigration lawyer.

OP, since you have kids, if you put them in a Thai (international) school, they get a student visa, and you can get a dependent visa as their parent and/or caregiver. This was pointed out to me 8 years ago, but I assume it's still valid.

Google translated official statement:

The official statement of the Thai tax department posted above mentions specifically that they will only tax funds brought into Thailand. I don't understand why some people argue against the official messaging on this.

Thailand Thanks for the heads up.

So don't keep your money in a Thai bank account.

It definitely is the simplest and cheapest option. I just don't like having to file documents with the US tax department. Could affiliate and advertising income be counted as US-based if you never step a foot in the US but 70% of web traffic is US? Why those particular states? I thought New...

If living in Thailand and money don't come from SG companies and not employing people in SG and keeping the money in a third country bank, how can the income be SG source? It can't in my view.

Which countries would be recommended to open a bank account for a Singapore company relatively easy? Perhaps Labuan could be an interesting option as well, worth looking into. I believe there is a 3% corporate tax but lower company running costs. It also seems more straightforward to set up and...

Yea I would not be worried over these amounts, especially since you mentioned your country does not participate in CRS.

Stumbled upon this via an advertisement: https://www.usesammy.com/ Remotely opened US bank account for foreign individuals, they're apparently taking on customers from October, you can sign up now for early access. Looks promising. Also, not much KYC it seems: → Basic personal information...

Yes it does. and 25% discount in the second year.

Wouldn't Portugal still tax the company as its director lives in Portugal, creating a PE? How about minimum salary requirements and social security?

I agree. Social security is ridiculously high in Portugal. There is the option to adjust the rate you pay by 25% up or down. This will affect how much pension you will get in the future (if you paid for at least 15 years). At least that's the way I understand it. (income tax is 20% of 75%, not...

If your profession does not have a specific mention on the list of professions with codes, you can most likely fit into the 'outras' category. That's the way I understood it. Also, check if your profession is eligible for the 20% flat tax under NHR. Let's say you are a journalist for example...