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Looking for a new country to move to

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GeorgeK

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I'm trustworthy -- send me to the Caymans! Along with some buxom beauties as assistants. ;)
 

Chad

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George, Im sending a car to pick you up now.

Wait outside.
 

Chad

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Pretty good idea Drewbert. Theres a few ways you can do it I found out.

Someone recommended I talk to a tax attorney so thats my next step. See whats best for me.

BTW: Anyone know what taxes are like in Mexico? Moving to Cabo would be fun :)
 

centurion

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I think if you work most of the year overseas, your first 75k or 80k is exempt from taxes because of the Foreign Income Exemption Allowance.
 

Anthony Ng

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Wow, how did you make DNF$3182 (AND a cute avatar) with just 11 posts, centurion?
 

Drewbert

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>Moving to Cabo would be fun

Hmmm. PV is better - more cosmopolitan. An AMAZING number of great restaurants serving up international cuisine. Come down with Bucko and the boys and I'll show you around.
 

Chad

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>>paynoincometax.com

I seen some woman preaching the same thing on TV a couple weeks ago. I was all excited at first. She said taxes were "voluntary".

She was right on one thing. They are voluntary. You can voluntarily pay them. If you choose not to then they will come get the money themselves.

Anyways she ended up getting busted for tax evasion like a few others that preach that taxes are "voluntary" and not mandatory.

Thanks for sharing tho :)
 

David_Hellam

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Chad, I'm not American either, so my experience may not be that useful to you, but I haven't paid a penny in income tax to the UK govt for the past 7 years.

I spent 2 years working in the Bahamas. There is no income tax, true - but there is a (5%?) National Insurance levy. Plus, you need your own health insurance. Be warned, the health service in the Bahamas combines the worst aspects of both the British and US systems tgether.

All countries have to raise revenue somehow. The Commonwealth of the Bahamas is no exception. In their case, it is mainly through charging duty of up to 50% on items imported into the country. So, shopping at the local supermarket can be a bit of an eye-opener.

Also, you can't just go and decide that you would like to work and live there. It is sometimes possible for workers in certain specialist fields to get a work permit - provided there is no-one suitably qualified and experienced amongst the local population who can do the job. It is also possible to invest a significantly large amount into a business there and thereby gain residence.

I currently spend most of the year living and working in Kuwait. At the moment, there are no income taxes levied on expatriates, the cost of living is also fairly low.

However, again, you cannot just turn up. Expatriate workers must be sponsored in by a local employer.

So, yes, for some of us, it is possible to avoid paying income tax. But, as Gail has so eloquently pointed out, there are other more important questions you also need to ask if you want to avoid your tax burden by moving aboad.
 

Lord Baltimore

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Chad, there's more to life than paying less money to the government. There's people. There are lives to be met; each one filled with tragedy and triumph. If I were making what you are in domains I'd move to London. Pay the high taxes, but be part of a community where everyone cares about each other.

Cheers

(p.s. I've just come back from a bar and there's 3' of snow outside. I've got cabin fever here in the Mid-Atlantic.)
 

Sheva

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Originally posted by Diogenes
why move from the US? This is the greatest country on earth.

D.

sorry, No way.
 

Diogenes

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Hey i live in america, so i say that. I am sure everyone says that about their country. Humour me a little...

D.
 

Sheva

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Originally posted by Diogenes
Hey i live in america, so i say that. I am sure everyone says that about their country. Humour me a little...

D.

agree but.... I lived in Usa for 5 here and I can say no way :)

Mike
 

Drewbert

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"America" encompasses a whole shit-load of countries.

Can you be a little more accurate?

>I am sure everyone says that about their country

Nope. Most people haven't had the notion that their country is the "greatest" shoved down their throats by government and media for their entire lives.

The problem is, many of you start believing it without question. Which is why your goverment is finding it so easy to do what it's doing right now.
 

maxheadroom

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Originally posted by Drewbert
Nope. Most people haven't had the notion that their country is the "greatest" shoved down their throats by government and media for their entire lives.

The problem is, many of you start believing it without question. Which is why your goverment is finding it so easy to do what it's doing right now.


Absolutely correct. If your only measuring stick is money, then the US is pretty darn good if you don't mind submitting to the "in every aspect of your life" government.

But if freedom is your thing.... it's not the place to be.
 
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