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2020-10
2020-10

@ms_maire

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๐ŸŽ–5yrs | Entrepreneur


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Is anyone here an "investor" nomad?

 

by @gizmocaca |  | 22 comments

Hi. Newbie here.
Wondering if anyone here has expertise in being an โ€œinvestorโ€ nomad where you travel and live off investment income? Iโ€™m contemplating fleeing the rat race and wanted to throw out a few thoughts and ideas.

Have a UK passport so donโ€™t get taxed on worldwide income whilst non-resident.
Iโ€™m thinking of residency in Malaysia (MM2H) or Philippines (Retirement visa).

In terms of generating tax efficient income:

  • HK, Singapore and UK donโ€™t withhold tax on equity dividends or preference shares
  • USA doesnโ€™t tax capital gains (but has nasty estate taxes on equities) for non-residents
  • USA debt securities (CDs/corp debt) do not withhold tax (w8-ben)
  • USA based p2p lending should be same as debt securities asset class hence no withholding
  • Eurobonds do not withhold tax on interest payments (look to have a spread of local currency bonds).

Would look to supplement by buying property (have my eyes on a few places in Philippines) to rent out. Would also look to invest in local businesses wherever I find opportunities.

Appreciate any advise or insight people might have!

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What's next for remote work and digital nomads?

 

by @levelsio |  | 21 comments

Weโ€™ve seen A LOT happen over the past 2 years. Digital nomads have gone pretty mainstream and about half of my normal friends in some way or another travel a lot and are starting to work remotely for their companies now. Over half of startups have people working remotely.

The housing problem that we talked about back then? Lots of companies have popped up to try coliving projects and thereโ€™s now countless fixed and temporary retreats around the world.

I tried to add my bit by adding the social grid to the digital nomad scene letting people meet each other on here, organizing meetups and building out this site.

Butโ€ฆwhatโ€™s next? What can we do/organize/build now?

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What can you recommend for Pacific island hopping?


by @srg_b |  | 5 comments

Hi folks

Iโ€™ll be spending 3 months in New Zealand starting from December. During that time, and after that trip, Iโ€™d like to take the opportunity to visit islands like Tuvalu, Vanuatu, American Samoa, Cook Islands, well, you know how it goes, Iโ€™d like to visit all of them. Since Iโ€™ll probably be in a position to visit 3 or 4, what would you recommend? Iโ€™m really excited by coral beaches, lagoons, and small islands. Iโ€™m not dirty rich, but not a budget traveller either - staying at Bora Bora resort not an option nor looking for something like that. Has anyone done something similar? Kiwis?

Thanks
Serge

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Is Singapore a good nomad and business base?


in Singapore by @msurocks99 |  | 11 comments

I am thinking to change my base to Singapore .

I have some queries regarding it,

Hacks of Price of Living : I donโ€™t want to live in hostels where 4/8 persons live in a room, want to live in a room may be in a shared apartment, gym and other facilities would be nice, I am getting in 800 to 1000 SGDโ€™s pretty good Condo rooms, can I turn it down to 500-600 ?

Food : I stayed there for a month recently, so pretty much know the food hacks now, if I am eating at home its cheap and hawkers places are also cheaper.

Howโ€™s it for business Base ?

I run a Software Development Company mostly into building MVPโ€™s for Startups and running extension teams for SMEโ€™s. So I think it will be pretty good for me based in Singapore for finding new opportunities and Client Communications.

What do you think about it and any suggestions would be great.

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3 Months in Australia as UK Ltd Company


in Australia by @keiththetraveller |  | 3 comments

Hi Guys,

A quick question as my accountant as queried something with me.

I have a UK limited company and Iโ€™m visiting Australia for 3 months to visit friends, plus enjoy a little sunshine. I was looking at hiring a desk for a month or so while there and was wondering if this would affect my visa and wether Iโ€™d need to declare my earnings while there?

As Iโ€™ll still be working for my own UK company with no money coming from Australian sources and I wonโ€™t be selling goods or services to Australian companies I would have thought that the normal holiday visa would be fine. Iโ€™d also assume I wouldnโ€™t have to declare anything with the Australian tax authorities as it would be similar to a UK citizen being paid theyโ€™re holiday pay while in the country.

If anyone has any experience with this then it would be appreciated.

Thanks,

Keith

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Looking for a place to hibernate and surf in Jan/Feb/March - any tips?


by @tvrhe |  | 14 comments

Hi all,

For Jan through March Iโ€™m looking for a place that as a) friendly people, b) warm climate, c) surfing, and d) reliable internet (either in cafes or a coworking space).

So far, this is my short list:

  • Canggu, Bali (already was there last year, but too busy with work then)
  • Phillippines (I donโ€™t know where yet, but Iโ€™ve read Baler might be nice)
  • Mexico (but havenโ€™t yet researched)
  • Nicaragua (but havenโ€™t yet researched)

If anyone has some good info on this, please share! : )

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Any digital nomads w/ over $10k/m revenue?

 

by @homakov |  | 79 comments

Are there guys here with income over $10k month living more luxury-like lifestyle? I struggle to find friends with similar lifestyle who can travel anywhere and not care about the money, who can go to a nice restaurant or bar and not look at the prices.

I am not a douche bag (mostly) who only cares about the money, but the majority of people I met are trying to spend less and it kills so many opportunities to have funโ€ฆ I am not rich at all, but I hate โ€œbackpackerโ€ lifestyle and call myself a โ€œflashpackerโ€.

I used to live in Bangkok and I visit this city frequently. Now Iโ€™m in Saigon and going to Taipei in the end of Nov. Anyone wants to connect?

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Australians - are you an Australian resident for tax purposes?


in Australia by @kathrynoh |  | 8 comments

If no, how do you get around the being in one place for two years or more requirement?

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