@flyinglow You say you want to live normally, yet you want to ignore the simple reality of covid. It's not the aussie govt that's keeping you locked down, it's the virus. It's the fact that you selfishly won't get vaccinated and protect your neighbours as well as yourself that causes the...
It certainly seems like Cyprus might be a good option for me ... there isn't any capital gains tax on profits derived from the sale of shares ... I was expecting to maybe pay 15% tax, so 0% is a very nice surprise indeed. Residency seems quite cheap and easy too, and it gives me access to the EU...
I see there are a couple of forums dedicated here to Cyprus - does that mean it's a really good option for most people? I also read a report from PWC that said there was no tax payable on shares ... surely that can't be right can it?
No dividends from my shares.
Fairly open to living anywhere (Europe is a preference though). Wanting to live somewhere safe from crime or potential government unrest, ideally not a "rich" country in terms of living expenses.
Not dividends, just sell a few shares from time to time to pay for living expenses. Just normal ownership of shares. They are US shares but owned and traded via an Australian trading company (basically everything done in Australia for tax purposes at this stage, but the shares are from the NYSE).
Hi
I'm completely new here and there's a lot of try to understand.
What is the general approach to minimise the capital gains tax on my stock portfolio?
If I understand correctly from reading the posts here, the most important concept is to establish tax residency in a country with a low tax...
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