For an American trader thinking of relocating to Europe, what are the best options, and why? criteria 1) connectivity/time zone (more or less equal among candidates, right?) 2) tax structure (in light of peculiar tax strictures on American citizens) 3) quality-of-life (for a newcomer, partly dependent on vitality of expat community, I would imagine) 4) ? 5) ? Might we start a discussion here? Thanks
gibralter no tax near spain coast CME and EUREX direct access from there trading only futures: Italy 12,5% tax (capital gain)
Live in Norway/Sweden/Denmark, vacation 2 weeks every year in Spain/Greece/Italy, trade under a LLC (personal income tax is high in Scandinavia).
Europe: a) Monte Carlo (no tax) b) Cyprus (low tax, offshore friendly, English is an official second language) c) Gibralatar (l/no tax) d) Switzerland (low lump sum taxation) Alternative for the adventurous: South Africa, CET time zone, cheap cost of living, English widely spoken in Capetown. If you're an American you would have to look at ways of losing your US citizenship which I understand is not an easy task but well worth it if you're looking at your next 50 years of taxes.
Tallinn, Estonia, freezing in winter but the most beautiful, compact old town. Flat rate tax, angelic women.
1. Income tax flat 21% for 2008, 20% for 2009. No capital gains for LLCs, though you will pay income or dividend tax on that. LLCs are relatively easy to create, can be done online without going in.