@simonl

Hi,

I’m looking for places in Central and South America that have more of a hippy vibe - yoga, good vegetarian/vegan food and good internet.

Let me know where you’ve been.

Hi,

Just wondering about how possible it is to work on a blockchain project as a DN and if its any different to other types of projects. I have a concept I’m interested in exploring further but a newbie…

Hi everyone,

I’m having a bit of a difficult time trying to decide what to do that’ll allow me to make an income and be location independent.

2 years ago, after being in corporate IT software sales for 10 years I have basically just been traveling around, mostly in Asia. Its been great having no goals and its given me the time to recover from a burn out, work on myself and see opportunities in life again.

My challenge is that I see so many different things I could possibly do but haven’t yet committed to one. I can easily get excited about something for a while but then it fades out. I also dont have any experience running my own business or in any other industries which is sometimes daunting.

I’m in a fortunate position that I have a monthly income to survive but I’m not making/saving money and feel like I’m ready to get stuck into something.

I’ve done my sailing skippers license, busy with NLP certification, working on a blockchain concept, working towards my permaculture design course certification and interested in Eco and sustainable living. Have half created a website. I want to help people while I live in a warm climate, leading a healthy and active lifestyle. And I listen to too much Alan Watts…

Any tips or ideas?

What’s the best place?
For residency I’m looking at Portugal and they have the NHR (non habitual resident) program which would exempt dividends from foreign income.
So all I’m really looking for is the best place to actually start the company.
Biggest factors are of course low taxes and ease of setting up the company plus a business bank account that enables me to receive payments through Stripe.

What I found so far:
Hong Kong
Corporate tax rate of 16.5% (8.25% for the first HK$2 million)
⊕/⊖ offshore income from outside HK is exempt from taxation but it’s not clear whether this can be done in the first year and prorated or if it’s only through filing the offshore exemption claim. This might take two years and requires not income from HK at all. More info on that would be great
⊖ seems very difficult to get a business bank account
⊖ necessary services and fees are roughly around €2000 / year
⊖ accounting requirements seem to be very strict
⊕ Doesn’t require local partner
⊕ Agencies available that seem to handle most of the work

Singapore
Corporate tax rate of 17% (0% on the first S$100k, 8.5% up to S$300k)
⊖ requires a local director. What are the implications of this?

Malta
Corporate tax rate of 35%
There is the “full imputation system” but I don’t really understand it.
"In most cases, the tax refund to the shareholder is 6/7 of the tax paid by the company on profits distributed as dividends. The tax refund rate may be different in the following cases: " This would result in an effective corporate tax of around 5%.
⊖ European customers would have to pay VAT and I’d have to deal with that

Cyprus
Corporate tax rate of 12.5% and there seem to be ways to lower this
⊖ European customers would have to pay VAT and I’d have to deal with that
⊖ requires staying in Cyprus for 2 months / year

I find it surprising how much research this requires and how much “it depends” information is out there when I’d assume that there are probably thousands of digital nomads who probably have very similar requirements.

Hello everyone,

I am a resident of Canada and I just found this site. I have been involved in cryptocurrency since 2011. I have been taking a bit of profits and paying capital gains taxes on my withdrawals for the 5 years. The problem is, 2018 is going to be a big for me because I have some investments that I expect to 10x in value. If I proceed with active trading the gains are getting to be so much that they are really going to cut into my bottom line.

I would like to incorporate offshore somewhere so I can trade in a company’s name and then pay myself a wage through that company that I can pay taxes on. What would be the best location to do so?

I have looked at Hong Kong because I am in the area fairly often (living in Phuket now) but it seems that there are a lot of hidden costs to the 0% tax rate according to this thread:

Would someone be able to offer advice or point to someone who can?

I am going to India for a few months and am planning on going to Kerala, Goa, Varanasi, Dharamshala, Rishikesh. What phone company has the best coverage and data speeds for those places, or India in general?
I also heard of people using a wifi stick to work remotely while traveling in areas where you may not be able to find a coffee shop, hotel, etc, with reliable wifi. What company sells the best one of those and where can you get it?
Thanks!

I am currently living in Medellin until February. I want to find some of people favorite spots for surfing and community. I have heard Nicaragua and Guatemala have many options.

Multiple one month or more stays in countries below the US (CA, SA, Caribbean as all?). Spanish isn’t a problem. Safety, internet, and surf are priorities. Ive heard good things about Panama and CR but they amount of gringos currently in these places is sort of a turn off (Im a gringo…but that is my preference). Budget is sub $1500/month.

Thank you for the suggestions!

Ryne

Anyone here use FlyOnward.com?

Seems legit but due to how the tickets are only good for 24/48 hours I want to make sure everything is on the up and up and I’m not stuck at the border.

Thanks for any guidance.