Best place in the world to trade from?

...so i am contemplating moving but unsure of where to. The ideal place needs to offer the following:

1 - Great weather and scenery (preferably tropical or mountains)
2 - Inexpensive living - best bang for the buck etc.
3 - Good schools (for our kids)
4 - Safe for Americans / foreigners etc.
5 - English is prevalent thus making it easy to get around (if outside of the US)
6 - Low crime
7 - Hight speed internet available (this is a MUST)
8 - ....anything else you can think of.

Right now I am looking into Phuket Thailand but looking for input to see what others recommend. Thanks.

Most of us make what we have at our disposal work & therefore tend not to move around the World that much.
Understand, please, that I have seen most of it including {Grand Caymens etc...} but considering Tax Implications in cohorts with Medical expenses...
Canada still has something to offer.

I won't consider leaving until I am "Filthy Rich."

Then I would look @ Swiss, Franc, before I considered South Am.

Really thought about South America, Bemac?

down here in Brazil CVM (our "SEC") don't wanna hear about forex, seriously. I's not illegal, but wonder which is the easiest way of funding an acc here... right.. PayPal, do you believe it?

Try to make a wire transfer for trading, to a US/UK broker and a big red light with alarm reaches the federal tax department (well, it's not illegal at all, but they will sniff into your life like a hunt hound so hard until you regret it to the death..) I guess about .5% of bank staff know how to do it (since you come with all paper already translated to portuguese...)

1 - Great weather and scenery (preferably tropical or mountains) -> YES
2 - Inexpensive living - best bang for the buck etc. -> Avoid São Paulo and Rio de Janeiro, then you´re OK
3 - Good schools (for our kids) -> YES, but very expensive
4 - Safe for Americans / foreigners etc. -> NO, NO, NO! Unsafe for evey crawling thing on earth surface
5 - English is prevalent thus making it easy to get around (if outside of the US) -> NO, Portuguese around here
6 - Low crime -> NO, NO, NO.... the lowest crime rates are found into the prison facilities
7 - Hight speed internet available (this is a MUST) -> YES, I can say it's Ok.

the same above with some minor differences (especially regarding o safety/crimes) apply to Argentina, Uruguay, Paraguay, Peru, Ecuador.... Not to mention Venezuela...

From what I know, around here, the only decent place would be Chile...

Cheers!

HT

1. Costa Rica
2. Panama (not Panama City)

I think they tick all boxes BUT option 3, they also have low population densities.

Thanks for the input guys I will check out some of these locations.

I agree with what HouseTrader said (i'm also brazilian).

I would like to add that capital gains tax here is 15%, while it is nonexistent in Chile and Argentina, which are also relatively good places to live according to the items you've laid down.

Penang, Malaysia in areas with wimax coverage (the another ISP here sucks), this is a beautiful historical city island and is culture-rich with around 3% western foreigners, living comfortably. English isn't a problem for most of the people here.

Hi, noticed your post - i chose a different lifestyle which allows me to trade full time aswell. 1) Buy a yacht 2) Learn to sail it 3) Go to the med

Life has never been so care free!

Just a thought

p.s i STRONGLY advise you take a holiday to Thailand before considering moving there, it is a different world and one you may not want your kids to be a part of yet.

Due to the actual exchange control in Venezuela, the only entities allowed to transact on international currency markets are the central and commercial banks, savings and loan entities (which are another type of bank) and authorized money exchange counters. With the tight restrictions, it is not possible for a local individual to acquire more than $400 per year to realize electronic transactions, or $2500 per year (on a mandatory credit card) if traveling outside of the country ($200 of it as a maximum withdrawable monthly at a foreign ATM machine!) So technically it would be illegal to invest in Forex, although I don't know the extent of privacy one can have on income that has been produced from abroad. I had opened an USA-based account at a branch of one of our local banks, but have been very wary of making any deposit to my trading accounts as I really don't know what could be the implications later on.

It used to be $3000 and $5000 respectively (plus $2000 in cash) but due to extreme irregularities of individuals selling their annual quota and doing fake purchases in a short trip to a nearby location, getting $ in cash in return, which was then sold at more than three times its official value, the limits were drastically cut. The guy buying the quota then paid the trip and stay to the seller, plus a bonus, making in that way a 100% or more return in two days... on national $ reserves.

As to point number 2 - Inexpensive living: It is absolutely not the case presently in Venezuela.

Thanks to all the above, we are now reaching (and even surpassing in some areas as rent prices, etc) the average cost of life of New York or Paris, housing especially has risen three times its value so people that have been looking to leave the country don't lose to much on the equivalent $ value of their houses when having to buy it back on the black market, thus they surcharge the prices (forget about selling your property and taking your assets with you through official means). Of course, this is for the local residents.

Hardware and electronics are costing 5 times the highest price you can find in the USA (the surcharge on $ is taken both sides: obtained at official rate, goods bought abroad, at the better price, relatively small taxes on local receipt - about 15-17% on price -, then factored to customers as if they had been bought with black market $...)

Two years ago the official $/BsF relationship was still interesting as one could live decently with $300-500, now with the same standards we're talking about $1500-2000! In no time my trading account ($1000) went from small but enough for a living, to absolutely undercapitalized. I can consider an extra effort to reach 30-50%, but 150-200% is absolutely out of question!

Sorry for getting carried away of the main topic... (sunday sunrise...)

In fact I personally would like to relocate to Greece (for 1-2-4-6) OR the South of France (where my family is from) if only I can figure out how to repatriate my assets. As a French citizen I maybe could, but having been born here I am under the laws as a local. The intermediate solution I am working on is growing my trading account until it matches my asset value... and then I'll be free!

If I was to chose with Internet speed as a priority, I would say Sweden... but brrrrr ! can't stand too much cold.

I find my hometown/region the best place to trade because:


1 - Great weather and scenery (preferably tropical or mountains)
Hell yeah. We grow some of the finest wines here. We've got it all hills, mountains, rivers, lakes, castles you name it. Every town looks like a medival disney land. http://img37.imageshack.us/img37/2374/19893560.jpg
2 - Inexpensive living - best bang for the buck etc. Can't complain.
3 - Good schools (for our kids) Probably better than US standards
4 - Safe for Americans / foreigners etc.
Probably more safe than in the USA itself.
5 - English is prevalent thus making it easy to get around (if outside of the US)
My region is very popular among americans. If you want to speak english and pay in Dollars go to Heidelberg or Kaiserslautern we have the biggst american community outside of the US here.
6 - Low crime
Crime what's that?
7 - Hight speed internet available (this is a MUST)
Is 32 Mbps Downstream 2Mbps Upstream and a Telephone-Flatrate
for 30 Euros/Month enough?
8 - ....anything else you can think of.
Our Timezone makes it easy to trade the London and US Session (It's 14:00 when New York Opens). You can reach every part of Europe in about an hour via airplane. Stable Government (can't say the same abot Thailand etc). No natural hazards like forest fires, tsunamis, tornados or flooding or earthquakes. No malaria, ebola or other tropical disesases. Great Healthcare.
Come to Europe it's awesome here.

sounds like paradise. what about the tax rate??

On capital gains we pay a 25% flat tax.

Got to be NewZealand for me, tropical with HUGE mountains, fairly small condenses area, high speed internet not a issue, english speaking, legal Prostitution

The ownly downside is there timezone you'd be trading over the night I think.

HUm... are you in need of doctors around there Tjpld?...

I guess I know the answer.... you just mentioned excellent health care...

I thought I was doing fine with a 1M connection for that same cost (30E/month)...

Ouch.... when I mentioned Venezuela couldn't know how deep was the issue around there.... Very sad to know about it...

Now I can figure out the "still here"....

Take care...

HT

1M internet is sooooo 2001. My first non dail-up connection was
765kbit/s back in 2000.

Hey... you're being nice to me.... 2001???

"We" (our dear mr. president and gang) are proud to be part of the "BRIC" (I bet he really doesn't get what it means.... he's almost analphabet .... serious! but he's "Obama's man") but as you can see... we still didn't reach 21st century at all!

Cheers!

LOLOLLLL !!!
Not at all in fact... ("still here"... trading...) but now I can give the jingle a dual use, haha !
Thanks!

(BTW: Internet 1.5M ADSL is near $90/month and so is wireless... let me join the )

That's what I double meant....

Yeah... our snail-speed escargot-cost internet is a shame...

Cheers!