Relocating to a new country to trade. Where do I go?

Discussion in 'Trading' started by Howard, Dec 27, 2018.

  1. TommyR

    TommyR

    you should build him a new boat which is not pirate friendly
     
    #81     Jul 10, 2019
  2. Cuddles

    Cuddles

    #82     Jul 27, 2019
  3. I live in Singapore and trade US futures.
    No capital gain tax.
    Low Income tax.
    Domestic bank transfers within 5 seconds (for IB Margin call).
    Very fast internet everywhere.
    Big city.
     
    #83     Jul 27, 2019
    noddyboy likes this.
  4. ironchef

    ironchef

    And high cost of living.
     
    #84     Jul 27, 2019
  5. ironchef

    ironchef

    Singapore is a great place to live.

    But this doesn't work for me. If you are from the US, you are required to pay US taxes on income and capital gain.
     
    #85     Jul 27, 2019
  6. #86     Jul 28, 2019
  7. ironchef

    ironchef

    #87     Jul 28, 2019
    GregorySG9 likes this.
  8. d08

    d08

    Re: Malta

    I'm curious whether capital gains remitted to Malta would be classified as ordinary income (taxed) or remain as capital gains (not taxed) when it comes to non-dom residents. Anyone care to elaborate?

    This is somewhat confusing for me:
    A person who is resident but not domiciled in Malta is taxable on all chargeable income arising outside Malta to the extent that such income is received in Malta (i.e.: on a remittance basis) and on all chargeable income earned or derived in Malta.

    All capital gains arising outside of Malta are not taxable in Malta irrespective of whether or not these gains are remitted to Malta. A person who is neither ordinarily resident nor domiciled in Malta is taxable only on income arising in Malta.
     
    #88     Apr 4, 2020
  9. Cyprus
     
    #89     Apr 5, 2020
    Howard likes this.
  10. maybe cyprus
     
    #90     Apr 6, 2020