Bahamas

[tradenut]

In Ger,many so far it is tied to income tax. So what ever level you pay for income tax you shall pay also the same or more if tax braket goes up.
There is a new law in the making as to one would pay a flat 25% taken from the top and that would be it.
If this passes it could be nice. But knowing thetaxe people here as soon as they see that one makes a living with it the would try to reclassify it as income again
its a wait and see.

 

[jpomerenke]

Quote from freealways:

Jpomerenke , what do you mean by "if you don't have a work permit you need to pay $ 100K" ?

Why would you need a work permit if you derive your income from trading ?

Jack

Like i said...i honestly dont know...i am a bout positive i read it somewhere...maybe i can find a site....

 

[metooxx]

Quote from jpomerenke:



Like i said...i honestly dont know...i am a bout positive i read it somewhere...maybe i can find a site....

Letter of the law interpretation maybe; not realistic ...

 

[agin1415]

Been to Freeport once, (cruise ship stop), and flew by on my way to the Abaaco's, nice to hear that there is a trading population, on the island. Might be a good place for a Trading Seminar, we've been kicking the idea around of having one at a resort somewhere, the Lucayan might have some package deals.

 

[metooxx]

Quote from agin1415:

Been to Freeport once, (cruise ship stop), and flew by on my way to the Abaaco's, nice to hear that there is a trading population, on the island. Might be a good place for a Trading Seminar, we've been kicking the idea around of having one at a resort somewhere, the Lucayan might have some package deals.

What kind of a seminar?

 

[nitro]

Quote from metooxx:



What kind of a seminar?

Probably options arbitrage...should we attend?

nitro

 

[tradenut]

Well it came out yesterday
The new tax is so far 25% for interest and if I understand it well on stocks and capital gain as it pertains to trading but not to housing. I am not yet 10% sure.
If it does pass and capital gains is included on trading it will be great.
Of course leave it to the gov. to mess it up later when they decide they could get more out of it.
So far though so good.

 

[metooxx]

Quote from nitro:


Probably options arbitrage...should we attend?

nitro

I will give you lessons.

 

[bro59]

Just got back from visiting "da lovely islands mon." Must say that Metooxx et al were wonderful island guides, and have an impressive developing concern in paradise. I'm seriously considering the move.

For anyone considering going down, the Lucaya resorts (there are several) have good deals right now, especially in connection with Discovery Cruises out of Lauderdale. Even cheaper is you use your Amex card. You just have to be willing to sit on a boat for 5 hrs each way instead of the quick plane hop, but you can get drunk to pass the time.

Thanks for the good time to the Island Traders.

 

[metooxx]

Quote from bro59:

Just got back from visiting "da lovely islands mon." Must say that Metooxx et al were wonderful island guides, and have an impressive developing concern in paradise. I'm seriously considering the move.

For anyone considering going down, the Lucaya resorts (there are several) have good deals right now, especially in connection with Discovery Cruises out of Lauderdale. Even cheaper is you use your Amex card. You just have to be willing to sit on a boat for 5 hrs each way instead of the quick plane hop, but you can get drunk to pass the time.

Thanks for the good time to the Island Traders.

Glad you liked it ...