Thanks all for your suggestions. I should have explained more about my situation and plans before asking for meetings or inputs. So here goes:
For various reasons that might not be relevant to most people, I have narrowed down my options to Dubai or Bangkok. I spent a month in Dubai earlier this year, and now in Bangkok for a month. I might explore some islands around Bangkok, but don't want to go as far as Phuket or Ko Samui etc.
I have
investments in low 8 figures, no kids, so the goal is to blow this money over the next 20-30 years, if I live that long. I currently operate a Single member LLC in the US, and that income is also tax free because of me being a Canadian, and non-resident in Canada for tax purposes. I won't get into my current
tax residency, but the future
tax residency is a concern and of importance to me.
If I live in
Thailand on Elite visa, would my single member US LLC be tax free? Technically, I will be managing that LLC from where I live, but I don't think Thailand enforces the permanent establishment. Please share your own experiences.
Dubai would be a lot easier tax residency wise. No personal
income tax, even though the new 9% corporate tax is being introduced, I don't think they will go as far as enforcing that on my US Single member LLC. But again, the details are hazy on this..so what knows.
Weather and nature wise, is Bangkok a decent place to be in? Or do you really only get 2-3 months of decent weather (as Frank in Bangkok said)? Dubai at least has 4-5 months of great winter months. How would you compare the two, if anyone has any personal experiences. Thank you again for you time!
Hey Jack, I should have been clear, I am not looking to invest in Thailand, or run a local business here. Just want to operate my US Single Member LLC or some other offshore entity while living in Thailand. Is Pattaya a better place than Bangkok to live, for a person who enjoy open spaces, clean air, walks, and nature? For various reasons, I don't want to be too far away from Bangkok (like in Phuket or Ko Samui etc). Thanks!