fwiw ... http://www.irs.gov/efile/article/0,,id=130684,00.html couple of other ideas ... http://www.forbes.com/2004/08/09/life2land_print.html http://personalfinance.aol.homestore.com/Finance/Census/LeastExpensive.asp?poe=homestore http://msnbc.msn.com/id/9891543/ take care omni BTW: Okla, 33yrs old, and time trading is long enough to know i haven't traded long enough
I am leaving the U.S. for health, family, and personal reasons... Not too long ago, I too pondered about moving to Austin, TX ⦠I visited Austin recently, and it is a very nice place full of diverse and very friendly people. IMO, Austin is a great âhome baseâ: C.O.L. is relatively low, and the climate is quite nice unless itâs summer. So if you plan or can afford to travel quite a bit, it seems like a practical location. Plus, IMO unless you are required to be physically present in the D.C. area for a job or something else, this place is not all that great (too many bureaucrats, lobbyists, and lawyers, thriving of off $$$ obtained through coercing honest and hard-working people )... Not too mention that the C.O.L. is quite high here, comparable to most BIG cities... I am also looking into Bahamas, but will have to get in touch with a good accountant who can sort out the taxes issue⦠There is no income tax in Bahamas, but as long as you are a U.S. citizen you are still responsible to Uncle Sam at least for the federal tax. As one friend pointed out once, âdid you ever notice that taxes and theft both start with a letter âTâ ? â However, I did come across a piece of info that mentions that up to $80K of earned income abroad can be excluded from taxes⦠The question is: if you trade abroad U.S. markets, is that considered earned income from abroad or from U.S.??? Fellow ETs my apologies for going off the original topic, just so many relevant question pop up when we start talking about trading from abroadâ¦
Just turned 25 and just moved to Charlotte, NC from south FL (costs are way down). Been day trading for 2 years because the only people who would hire me out of college was Prop trading (I thought it was a real job). I've been pretty content but i've never really put much work into it, always worked pretty strictly 9-4 and didn't really think about trading the rest of the day and took a lot of days off to goof off but now I think its time to start increasing my trading. I feel the market has given B- grades the last several months which is good enough but why trade if you aren't going to aim big. Not really sure what to do if I'm going to start 'researching' but the fire has been lit and I'll figure it out. I guess you can call it my new years resolution. If anyone in a two and a half hour radius from Charlotte wants to mentor someone let me know because I could use some coaching. I'll bring the snacks.
30 Years Old, living in Manchester, England, Trading mostly Forex and occasionally index futures...looking to relocate to USA.
Amazing LA $500K + Tropical island, then move to southeast asia, you won't spend $1500/month to have 2 bedroom apt, new girlfriend every month, dining out everyday, traveling upcountry weekend, rent a car, nice beach swiming cheap nightlife, fishing and scuba diving,.... If i had $500K, I would invest it for moderate return, and stop working hard, because life is really sweet
Hi guys i live in Costa Rica. It has the largest US expat population in the world by denisity. I am originally from Fort worth. I have been almost everywhere in latin america..not really the island of the caribbean...a little in europe a long time ago. not aisa, austrailia, or africa. I am a fulltime bond broker..and swing trade part time...trying to get better. I have to say that the USA is the #1 place in the world if you want to trade. there are nice places that are reasonalby priced (austin , tx has been mentioned). The disadvantage with other countries is realiability of connections (i only have a high speed connection at work...i dont know anyone with a high speed connection at their home...but they do exist). customer service is not what it is in the states..dealing with banks can be very difficult, and daily live is not as convenient. That being said, i like it here in general...lots to do for a reasonable price. Also keep in mind lots of places are more expensive for products due to the lack of volume coming in the country...and import taxes. a car for instance here is about 80% more expensive than the states...gas $4 a gallon. stuff like that. I would not go anywhere near the caribean for the HIGH cost of living and the hurrican season. Panama might be a good place...lots of good international banks, good technology, lower cost of living. there is alot more about living abroad than i will bore you with here....but if someone REALLY wants to know...and is SERUISLY considereing it...PM me and i will go into more detail. Good luck, Dan
I don't have 500k, it's just the going rate for low end homes. I have a mortgage I've been paying for a while.