If you could live anywhere

Quote from pbb:

How about taxes in Spain, won't your performance be taxed as capital gain or as income?
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I don't know about taxes in Spain...I haven't even looked into it to tell you the truth. I honestly don't worry about it, I live in NYC...I'm already in the highest tax bracket and pay state taxes aplenty and so I can't imagine Spain's tax system will be any more burdensome if I have to pay anything. It depends on my status there maybe. Will go, see if we like it, then figure things out.

Thus is the power of our "jobs" as traders/investors...can live almost anywhere if you make the money. It's easily the best advantage in my opinion. I've traveled 10X as much as an individual investor as I did as an employee....which is another reason I don't understand the working for a big investment bank mentality. If you're a good trader/investor and can get a job trading at Goldman or JPM or some other big bank, why not do it yourself with your own money(maybe not right away) and then do whatever you want with your life? :D
 
Quote from Cdntrader:

http://en.wikipedia.org/wiki/Menton

Menton - "It has been called the most beautiful town on the French Riviera, and its nickname is La perle de la France"


stones throw to Corsican beaches, Luberon, St.Tropez, Nice, Monaco, Cinque Terre, Tuscany, Alps etc .etc.
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But I'd have to put up with French people right?
 
Quote from saxon22:

You are right on target brother. Funny yet so very true statement by Bill.
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Too true...the line about how they were stupid enough to not follow us into our great war was hilarious. The French get a lot of shit, and 95% of the time it's by people who don't know what the fuck they're talking about. And Maher does make a few good points beneath all the jokes. :D
 
Quote from SiSePuede!:

Too true...the line about how they were stupid enough to not follow us into our great war was hilarious. The French get a lot of shit, and 95% of the time it's by people who don't know what the fuck they're talking about. And Maher does make a few good points beneath all the jokes. :D
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Here's the thing about the French.. arrogant.. like a German with a gay accent.. if you've dealt with the people you know it's true of the majority of them.. not sure what the root cause of this is but they are just plain annoying
 
Portugal is one of the best places,
as was mentioned in this thread before.

- Doesnt have the gipsy problem like in spain.

- Lowcost living in a developed european country.(you can cover you expenses with little profit from your account :D )

- Many uncrowded places in southern coast with plenty of beach houses and resorts (unlike Spain's case).

- Very low tax for traders (10% stocks/futures/etc. of anual profit) or 0% if you hold stocks for more than 1 year (good for value traders)

- Best golf courses in the world :cool:

- Good weather, very much like California temps. And getting hotter by the year.. (global warming):p

- Lowest crime % in Europe, and calm beaches all year except the crowded august

link: http://www.visitportugal.com/Cultures/en-US/default.html
 
Quote from Allaces:

Here's the thing about the French.. arrogant.. like a German with a gay accent.. if you've dealt with the people you know it's true of the majority of them.. not sure what the root cause of this is but they are just plain annoying
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So you're smart enough to deduce that French people(who speak French) are like Germans(who speak German) but with a gay(?) accent? Wow, that is a lot of ignorance in one paragraph there boy. Perhaps you deserve to be treated like shit and the French know it. :D
 
- Very low tax for traders (10% stocks/futures/etc. of anual profit) or 0% if you hold stocks for more than 1 year (good for value traders)


Say you are not a european resident and you move to a european country and rent there.How are they going to tax you?How will they detect your profitable trading activity in ,say,the US markets?Or the asian markets?
Seems to me they have no way of knowing unless you are careless.And eventually,if they demand that you give them the info,by then you are ready to move to a new country.
 
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