Most people seem to want to move to the Islands. Most of the Islands do not tax on income generated outside the Island. It's pretty safe and fun.
depends what your cup of tea is.
Low taxes are in the usual tax haven countries. Caribbean, Cyprus, Ilse of Man, Jersey etc etc. This is really the best site for research [lowtax.net...]
Do not move to Scandinavia :) You will lose it all with taxes up to 60%.
You could also set up some offshore trust and companies to reduce your tax but most US citizens I know are scared *((&*&* of the taxman and do not do that as you are meant to declare your worldwide income.
I personally like countries that are a little crazy as it makes life interesting. We do buiness in Poland, Czech, Bulgaria. Bulgaria will have 12% income next year BTW. <snip>
[edited by: lawman at 7:58 am (utc) on Aug. 13, 2005]
Met a lot of ruined old timers in my 2 years in SE Asia, especially in Thailand. Have to admit it though, Thailand is a cool place.
If you don't mind living in a big city I recommend Buenos Aires, Argentina in one of the following areas: Palermo, Recoleta (Barrio Norte) or Puerto Madero.
You can get a furnished apartment there with broadband and do everything from there.
It's an excellent city with nice people, all the amenities and a touch of class (it's called the Paris of South America)... even more importantly it is dirt cheap to live there. Also great food (at all price levels but usually 30% of US prices), lots of cafes, good music, broadband everywhere, taxis are cheap, and of course those very pretty and charming Buenos Aires ladies etc.
Biggest downside is it is damn hot between Dec-Mar.
If you are looking for smaller, more natural area then Bariloche in the Patagonia area of Argentina is a good place to go too (skiing,hiking,lakes etc.).
Check out Alice Springs, Australia
|affordable to live, safe for an American and were a person could save on taxes. |
You can get all that right here in the States. Places like North Dakota, Idaho, Montana, Wyoming, etc., are all very affordable and have dirt-cheap taxes. Even rural areas of Missouri meet that criteria. Of course, your high-speed Internet connection may cost a lot, but (IMHO) it sure beats leaving the country.
It's gotta be cape town, south africa. Most beautiful city in the world, cheap to live and still able to get broadband! Not sure about the tax thing though, you'd probably be better off getting an offshore business for that.
[edited by: lawman at 4:36 pm (utc) on Aug. 17, 2005]
[edit reason] Foo Charter "leave comments about illegal exploits at the door. [/edit]
"Check out Alice Springs, Australia"
yeah, you could also start second business! im sure selling landmines and sentry guns in this place is a great idea...
|im sure selling landmines and sentry guns in this place is a great idea... |
Alice Springs is harmless! The only thing that got lifted from me there was a bike I left unlocked overnight at school.
What do you all think about this?
Also see the pdf for entire methodology. [economist.com...]
If you've saved enough - buy an island and set up your own principality - that way you can set your own taxes too....
Might get a bit lonely though - although if there was such a thing as a "nice totty tax break"? ;)
Better beer you'l never find
What's wrong with New Jersey?
I was in New Jersey once, had a headache from all the polution. All I saw was large cities and bedroom cities.
They call it the garden state but where are the gardens?
|They call it the garden state but where are the gardens? |
There's a secret garden inside all of us - that's the one they are referring to.
OK Flanders has good beer, but thats about it. its a boring place and the weather is grey and miserable on most days. sometimes you cant even tell August from March
I know, i live here.
Ljubljana is nice. so is prague and croatia
I live in Prague and went to Croatia for a few days this year. Very nice apart from all the tourists from may to sept. Central and Eastern Europe are cool places to be these days. Western Europe bores me to death.