Australia seems to be a real sh1th0le, huh?
I've got a associate/friend, multi-PhD high up within the Gov-adjunct cross over to-Navy been trying to get me to move there for five years due to my skillset he observed in the private sector (AI Military Application) - fast track residency/citz.
I've always been hesitant, mainly because i've had enough of Western society.
But as each year passes my decision and reinforced position remains.
He came here recently, and kept on trying to steer the discussion that way, in the end i laid out standard of living, lifestyle, health, environment, costs, and self-control of environment (wealth/etc), surveillance (lack-off) etc and he couldn't put up a counter argument, like i said at the end, if i wanted to join a prison-cum-debt-camp, i'd head to the UK.
For me, Asia, South America, Africa, Middle East suit me fine.
Thailand has 0 of the 5 points required lol
Looking forward to the next coup and roll back of CRS.
Yes from Thailand and then they contacted him about his potential taxes as they knew where he was based
One thing you have to understand, EUROPEANS/SWISS actually are required to register with their embassy where they live abroad when outside of the EU as i understand based on my discussions with friends/neighbours, i balked at the idea, and in some cases they even have to file taxes....
UK / and i guess Australia (at a time) don't give a s**t, having said that they've now enabled voting for those outside of the UK for more than 5 yrs and i am guessing this is a prelude towards introducing some sort of World Wide Tax... -> but in this case thats why Australia didn't know where he was, they were going through CRS information (HK) for his bank but he never bothered to update it to Thailand as he has the right to reside in HK due to the period he was there etc.
But the wealth he earned whilst living but not working in HK (Flew around the world as a specialist) was tax free there, and when he moved to Thailand it was tax free remittance (changed this year).
So he didn't need to file anything but Australia were notified under CRS i suppose, the wealth he had in HK and started digging to see if they could get their claws in, now he's been retired 10 yrs so perhaps now yes, but at the time certainly not based on what he was saying.
He's about to sell his home 10m$ -> and buy bullion for the bulk - said he can't trust Australian banks, if war breaks out in China his wealth would be seized, and in Thailand he doesn't (probably right) trust the banking system.
Probably has 10-30 yrs left (had skin cancer twice)