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TrAndy1 replied Oct 26, 2023But how could you move out of Germany and than travelling around while having residence in Dubai then ? Or do you also stay at least 183 days every year there ? Did you obtain different passport then ? Which ? Can you get rid of Gemany passport to ...
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TrAndy1 replied Oct 26, 2023So either you can live on an isle or if you want to live in a first world country then there is only Monaco or VAE left with (almost) zero taxes. But that does not mean you need to stay all days in a year there. For example VAE has the law you need ...
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TrAndy1 replied Oct 26, 2023List of countries with zero tax rates from personal income, see here : url image image image
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TrAndy1 replied Oct 26, 2023What I like in the UK also in Germany is that there is no wealth tax at least. Look across Europe, if you are rich in Spain, Italy, or France you pay a lot of wealth taxes! image url Net Wealth Taxes Norway levies a net wealth tax of 0.95 ...
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TrAndy1 replied Oct 26, 2023You do not believe this nonsense ? Here is it translated into English from a passage published from a big newspaper in Germany about this new law here : "Some drivers may find driving around the city aimlessly relaxing - but that's not actually ...
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TrAndy1 replied Oct 26, 2023Why? Why you cannot trade as private person on any broker ? What is the problem ?
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TrAndy1 replied Oct 26, 2023Even the german government put it into a law. That when you drive with an expensive sportscar or any expensive car in the city with no real intention just driving around you get punished by the police for being a "show-off". This is really the case. ...
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TrAndy1 replied Oct 26, 2023Only as business company in Dubai. You can simpley trade as private person and pay ZERO taxes like before. Just do not open your own hedge fund in Dubai. Simple as that.
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TrAndy1 replied Oct 26, 2023You can also see the difference on the real estate market. In Germany it is impossible to rent a flat higher than 10k per month. There are no offers beyond that. Usually the max. is around 5k. From 5k to 10k there are very rare numbers of any flats, ...
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TrAndy1 replied Oct 26, 2023Tell me more, what better options you have ? I just want to be informed despite I am not US citizen. So I have a better overview what is possible in this world.
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TrAndy1 replied Oct 26, 2023Also the culture in Germany is bad. It is not enterprise friendly at all. If you drive a new sportscar on the street you only get bad views and bad mouthing everywhere. You are only welcomed here if you have your 9to5 job and stuck in the middle ...
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TrAndy1 replied Oct 26, 2023It is even worse there was an international initiative also from that same person, our actual cancellor of Germany, who wanted an international transaction tax on all financial activities. Something around 1% turnover tax, or at least 0.5% tax on ...
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TrAndy1 replied Oct 26, 2023The intention of that law was to stop trading at all among all non-banks! As individual trader you are forced to stop trading seriously as any main source of income. If you are still trade as private person you need to go to court based on the ...
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TrAndy1 replied Oct 26, 2023As US American you have the option to do tax evasion with moving to Puerto Rico. Then you can save a lot of taxes on your trading income. Still a viable option... ?? url
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TrAndy1 replied Oct 26, 2023yes, if you have the money it is best to be taxed zero in Dubai. I also would go for it when I had my million(s) on the bank account. But there is still much to do for me. I hope everyone sees, the USA is devil bad but there are countries like ...
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TrAndy1 replied Oct 26, 2023Yes it is that absurd that you will loose your head by shaking it all the time and that very hefty. In that case 280k "gains" is taxed until you go to court and win the case.
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TrAndy1 replied Oct 26, 2023There is another point. Marketing from unregulated business is also not allowed. THe props cannot take googls ads to advertise on their business, when they are not regulated. Point. That would be another fine taken from regulators when they come or ...
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TrAndy1 replied Oct 26, 2023You cannot do that. You cannot stretch any rule to your favor how you want and anytime and make changes anytime how do you want. It is regulated too. I am speaking of USA, EU jurisdiction. I do not know too much about Dubai or VAE legislation here. ...
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TrAndy1 replied Oct 26, 2023I am not 100% sure but in the casino/gaming license it is said how much the firm is needed to pay out as percentage of its taken money. So any prop firm cannot keep over 40% or 50% of all fees and then do the payouts as wanted. It is all regulated ...
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