Indonesia allows remote workers to live in Indonesia tax-free, as long as their income derives from businesses based outside of Indonesia. The visa is referred to as a "digital nomad visa". Does anyone have real experience with this? https://www.independent.co.uk/travel/news-and-advice/bali-digital-nomad-visa-indonesia-b2108442.html
"with plans for a visa that would allow remote workers to live there tax-free." Unfortunately, Bali doesn't exactly have a digital nomad visa just yet.
Bali is an awful place to vacation, imo, lot of drunks. if you are a U.S. Person, it is never a tax free place, just the first 90k deductibles.
It means also that whenever you take money to your account in Indonesia then you are taxable for those personal spendings. You pay full taxes on that. It is same like in Thailand, they also have special Visa for foreigners. So you need to trade from broker accounts outside of this country and you cannot make any withdraws back to home country, so you need another account outside this country for any withdraws too. But if one spends a lot of money on living you pay full taxes on that which are quite high. Dubai, Cayman Islands, Bahamas or Monaco you really pay no taxes. But you have some higher living costs here. So kind of trade-off if you compare. Also the living standards are not high, like second world country, in Indonesia or Thailand.
Bulgaria. Flat tax 10% on everything. Drinks are cold, girls are hot, prices are low. Perfect for a beginning trader. If you are experienced trader who already made plenty of $$$, then just pick Monaco.
Do not think this is anymore, as they have signed to the global minimum tax rate of 15%. But 15% still reasonable of course. Varna on the black sea is good destination there, quite cheap to live. But not a first world country you need to consider that. Bulgaria and Romania are the cheapest places in EU. They have some problems as countries.
It is still 10%. Where did you get your 15% info, any sources ? Varna is great, Sofia is not at the sea but still nice. Bulgaria and Romania are different from countries like Germany or the UK. They have their problems. But these problems dont have to be yours. If you have some decent money, you can literally live like a king in Varna, Sofia or Bucharest. And to be honest, in many ways I prefer the rough, original flair of bulgarian or romanian cities over the overpolished, standarized flair of the more western european cities.
It was all in the media. Based on the politicians worldwide agreement to 15% minimum tax. Do not have special source here I can provide. You need to search yourself. Up to $100k trading income per year Bulgaria looks attractive. Bytheway the air is much polluted in Sofia, better to stay at the Sea in Varna, good air there. If you have more trading income, like a few $100k then you better stay in Dubai. As it is cheaper for no taxes then. Also you live in 1st world in Dubai instead of 2nd world like Bulgaria. Especially if you need any service like medicine doctors one time as example, or the streets are very bad I heard in Bulgaria with many dangerious roads if you are driving car there. I would hesitate to go to a place like Bulgaria. Also there is some larger crime activities there. In Dubai not.
Dubai Uncovered: Belgian criminals live in luxury beyond reach of the law https://www.brusselstimes.com/22223...minals-live-in-luxury-beyond-reach-of-the-law Gangster's Paradise: How Dubai Finally Turned On Its Crime Lords https://www.vice.com/en/article/dy7wkq/dubai-crime-taghi-kinahan Dubai dubbed new 'Costa del Crime' where money talks and British gangsters flock https://www.mirror.co.uk/news/uk-news/dubai-dubbed-new-costa-del-23495375 Dubai Uncovered: Data Leak Exposes How Criminals, Officials, and Sanctioned Politicians Poured Money Into Dubai Real Estate https://www.occrp.org/en/investigat...liticians-poured-money-into-dubai-real-estate