The thought of getting ill in some shithole where the standard of medicine is poor doesn't appeal. Very easy to be mis-diagnosed and they go in with a rusty scalpel. Counterfeit drugs also big issue in these backwaters.
Those are sure legitimate concerns, but many places in the emerging world (possibly not in the thirld world - my contacts in Yangon sure opted for overseas hospitals) still boast good facilities in premium clinics or poster public hospitals, which are supposed (until a scandal breaks out possibly, but there is quite a bit of money at stake if the clinics get entangled in such a problem) to supply legitimate medicines. Street corner drugstores might be more dodgy. Panama doesn't appear near the top of the list, but neighbouring Costa Rica, a popular retirement destination, does. BTW Malaysia fares very well in those comparative studies, has an easy residency program and offers a territorial taxation system, while english proficiency in the country is very high. There are probably much more detailed articles available, but below are the first links google came up with : http://www.businesspundit.com/10-best-countries-for-healthcare-tourism/ http://www.huffingtonpost.com/inter..._4773837.html?slideshow=true#gallery/337208/3
I always enjoy the trustwothy and truthful information supplied by the experienced journalist. Their comments about the upcoming presidency of Mrs. Clinton and the outcome of Brexit was just as helpful. And now they made be aware that from health care point of view the best place for a pensionist to be would be Malaysia, Mexico etc..... So should he ever faint or collapse in public (street market for eyxample) due to cardio-vascular event he would find himself and the cash he carried in his pocket in the best international health clinic within the required time frame.
Nope, as i mentionned a few pages before lack of proper emergency services is a worrying issue in the emerging world and it sure makes sense to bring this back up, in contrary to Brexit and Clinton. Besides we know your pov : emigration is great, as long as it s to a germanic country and maybe London or US, where the whole world wants to move.
You seem to know me quite well: I left he US when I received my draft letter, I left London when the Noveau Riches Arabs moved in, I went to Jeddah which I really enjoyed for many years. I have NO preference for germanic or even teutonic countries due to their high degree of govermental control and taxation levels. I`ve lived in many countries in slices of 5-7 years each, only in CH for much longer. So I should have some sound theoretical knowledge and practical experience on "LivingInternationally". Don`t believe the stories and schemes -they might be scams.
Haven't you moved to the Nederlands after Switzerland ? Anyway you are the one who claimed this thread should be directed to english speaking countries, and after I mentioned people from diverse cultures were interested in moving to countries closer to their own culture, like hispanic, islamic or chinese, you reduced the hispanic world to... Venezuela !?! I have a hard time figuring out how big a bias you are holding to come up with Venezuela to try to show spanish speaking countries are unattractive. I would come up first with Spain, where life expectancy is slightly higher than in Northern Europe btw, no matter the state of the emergency services there, which I haven't studied, than majority white cities in South America, than everywhere else in South and Central America. Than probably last Venezuela. Than you claimed UAE is basically so bad that most locals wish to move to the West, never mind the rich can already go wherever they want and the middle and lower classes would have a lower life standard in western countries, while, as poor arabs, beeing considered like crap by most western locals. I don't dislike germanic countries btw, although I spent years in emerging countries, i also spent years in Germany and Switzerland, keep a soft spot for Zurich, and still travel in the area regulary. But getting back to emergency services, sure, emerging countries look bad if you end up with a cardiac arrest or a nasty car crash. Monaco is great in that respect, possibly has the highest number of defibrillators per square kilometer in the world. If one have the money, want to keep an european lifestyle though in a small and restrained city and are not french, it certainly fits among the top tax free destinations for traders. But those are lots of Ifs, different people will need different solutions. Security was also mentionned by Propwarrior, this one is also not clear, even in the West it depends quite a bit on where you live, but in several authoritharian countries of the emerging world, particulary their wealthy areas, you can expect good security, better than in most Western countries.
Hi guys, What would be the best jurisdiction to incorporate a research firm offering analytics of global markets? (NOT an investment advisor firm) Just to mention that I'm an European guy, not thinking that mentioning the exact country is necessary. I'm not necessarily looking for complete anonymity or to hide from gov. I'm looking for better tax optimization solution and really less bureaucracy. I'm NOT looking for the traditional offshore jurisdiction like Seychelles BVI or Belize etc. I was thinking that Malta can be a solution but I really hate the EU VAT regime. Anyone with experience that can chime in and give 1 or two alternatives? I would really appreciate. Thanks!
i have created a spreadsheet that any one can edit it. in order to make all of this thread content into one simple page and make comparison easier,there is country name as well as different tax rates for day trading or investing .it would be appreciated if all of you ,especially @dw31583 ,put your own knowledge on this spreadsheet and edit it by adding new countries and your comments :
I have just found this on Reddit, the advantage is that you don't have to live in the country: "While perhaps not as tax efficient as your idea, it doesn't lock you to any one country, and gives you the security of the EU and currency movements... so it may be easier to: Become an Estonian E-Resident Start an Estonian based business, with bank accounts etc. Estonian businesses pay no tax on earnings, only on distributions. Pay for as much as I can as the business. If you are a digital nomad where travel is required for work, it shouldn't be too hard to have travel costs expensed by the business. Leave business profits in the business account, and pay myself the maximum tax free salary in whatever country I am a tax resident at the time. This would only incur the 20% tax rate, for the portion of profits I transfer to myself. Some more info on their tax system: https://taxfoundation.org/estonia-has-most-competitive-tax-system-oecd/
This just in, Thai residency for cash: https://www.businessinsider.com.au/...idency-in-thailand-for-60000-2017-4?r=US&IR=T " The Thai government has started offering “elite” residency visas for wealthy foreign citizens, allowing them to live in the country for around $US3,000 (£2,403) a year, aimed at capitalizing on increased global uncertainty over borders and immigration. There are seven different packages, with the most expensive being the “Elite Ultimate Privilege” scheme. The special residence visa is issued by the Thailand Privilege Card Company Limited — a wholly-owned subsidiary of the Tourism Authority of Thailand."