Tax Residency for non-U.S.

Quote from rbartell:

I've tried searching for this online, but it seems like there is so much IRS info + language barriers that I can't find find a lot on tax residency (except for U.S. citizens or foreigners living in the U.S.).

So here's the hypothetical question:
If I traded U.S. stocks online, was a citizen of Germany but lived 3 mos in New Zealand, 3 mos in Singapore, 3 mos in the Bahamas, and 3 mos in Hong Kong,
who would I pay taxes to?
More...

If you are a german tax subject (and received thaaaat number) you will be liable to german taxes - unless taxed otherwhere. The "perpetual traveller construction" doesn`t work anymore. ANd if you are switching residence all the time, you are considered to be just that - travelling. The "Steufa" only will let you get off the hook, if you have migrated for good - with no intense to return, no keys for your parent`s home etc... You need a proper tax residency (more than 6 mths, otherwise brokers/banks...won`t be reliable partners ( money laundry, patriots act..). Even if you own that big "customers yacht" - it won`t be an acceptable residency for brokers or banks - not to speak of health insurers etc. Taxwise there are many countries within the EU with low or zero taxation on trading / capital gains profits.

And a last warning: The devil is always in the small print, especially at tax evasion. And life ain`t easy for a german expat, even in Switzerland or Austria - not to speak of SG , HK or Dubai.

Regards

Hittfeld
 
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