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  • #161
  • Jul 18, 2009 11:38am Jul 18, 2009 11:38am
Quoting fxterrapin
For Germans who speak standard German it literally sounds like a completely different language. It would take a few months to get used to it at least (assuming you are already fluent in German!)

However, most young Swiss can code switch to standard German. Especially since many TV show are delivered in standard German.
There was a trend to reduce standard German TV productions in favour of SwissGerman in Swiss TV (German Language edition)! And guess which german "version" do the Swissgermans teach their French/Italian/Romansh speaking compatriots? Just standard German (Schriftdeutsch), not SwissGerman -- so they can stay amongst themselves.

Regards from Lake Constance

Forex37
  • #162
  • Edited 1:37pm Jul 18, 2009 11:41am | Edited 1:37pm
Quoting Tjpld
Couldn't have said it better.
I understand some of it since it has similarities to some southern german dialects. But the way it sounds it's just that you can't take those people serious they are going pretty crazy with the letter Ü,Ä,Ö and R and everything ends with "li" or "i" rübli, grützi etc.
It IS a german dialect, medieval sued-allemannisch, spoken as well in neighbouring parts of Austria (Vorarlber).

Forex37
  • #163
  • Jul 18, 2009 11:51am Jul 18, 2009 11:51am
Quoting Tjpld
Newsflash: There are social hotspots everywhere on the world.
wow.
.......
Tjpld,
you seem to love Hamburg. I used to have my second home there. I could easily name you at least 5 "social hot-spots" there, where no police ever goes (unless they are five in a car), complete no-go areas.
And concerning the tax you mentioned 25% , but thats PLUS another 2,5% .... and explanatory for Non-Europeans, there`s a sales tax in most European countries (VAT) of 19% in Germany, 8.5 in Switzerland....

Regards
  • #164
  • Jul 18, 2009 1:15pm Jul 18, 2009 1:15pm
Hi,

I'm born and live in Berlin and I don't understand how somebody can rate Berlin on rank 16 in terms of living quality. I mean I love Berlin but atm Berlin has the highest unemployment rate of all regions in Germany. There is a developement which leads to a higher crime rate but I think it's more extreme in Paris or London.

I doubt that american people would feel comfortable here if they move to Europe for a long time.

I think the best decision is to stay in the USA or maybe take a look at Australia. I heard alot good things about Australia especially about Sydney.

From my point of view Switzerland or Monaco (if you have a big trading account ;-)) is the place to be in Europe for a trader.
  • #165
  • Jul 18, 2009 1:34pm Jul 18, 2009 1:34pm
Quoting MCFly
Hi,


From my point of view Switzerland or Monaco (if you have a big trading account ;-)) is the place to be in Europe for a trader.
For a professional trader CH can become really expensive. Danger of being classed a "gewerbsmaessiger Wertschriftenhaendler" with full taxation PLUS 9.5 % AHV (social security) deductions from your income.

Funny enough Italy, NL and GB are much better from financial aspects.

Regards

Forex37
  • #166
  • Jul 18, 2009 3:19pm Jul 18, 2009 3:19pm
So let me ask this, I have lived in Korea and Japan with my parents when I was younger. If I move overseas I assume I need to get a workers visa however I thought the US will still tax me no matter where I go, is this true or how exactly does that work, am I only taxed where I technically "make" the money?
  • #167
  • Jul 18, 2009 3:51pm Jul 18, 2009 3:51pm
Quoting fxRichard
So let me ask this, I have lived in Korea and Japan with my parents when I was younger. If I move overseas I assume I need to get a workers visa however I thought the US will still tax me no matter where I go, is this true or how exactly does that work, am I only taxed where I technically "make" the money?
A US citizen is taxed at a nominal rate no matter where you live. (Unsure of that rate today)

If you wish, you can get around this problem by giving up your US citizenship and obtaining one elsewhere. The US can, however, decide that you renounced citizenship to bypass the tax system, and should you attempt to re-enter the US on your foreign passport, you could be denied entry. Not likely, but for those who are extremely wealthy, it is an issue to consider.

So how bad is it to give up your citizenship? Not bad at all. There are many fine places in this world to live.
I'm pretty much done with all this ...
  • #168
  • Jul 18, 2009 4:16pm Jul 18, 2009 4:16pm
Quoting StoragePro
A US citizen is taxed at a nominal rate no matter where you live. (Unsure of that rate today)

If you wish, you can get around this problem by giving up your US citizenship and obtaining one elsewhere. The US can, however, decide that you renounced citizenship to bypass the tax system, and should you attempt to re-enter the US on your foreign passport, you could be denied entry. Not likely, but for those who are extremely wealthy, it is an issue to consider.

So how bad is it to give up your citizenship? Not bad at all. There are many fine places...
Or you can gain dual citizenship or residency status in another country and form a legal entity there with which to conduct your trading. Your earnings from that foreign enterprise would be taxed in its native country & not again in the US. You might only need to draw small amounts from the foreign legal entity's holdings in order to live anyway, as the entity itsef could "own" your residence, car(s), office equipment, etc, etc.

I am just beginning to research these issues & I'm sure many FF members would know more about it. For instance, several latin american countries (Costa Rica, Panama, Nicaragua, etc) have pretty attractive programs whereby one can gain residency status with a certain (pretty low, relatively speaking) level of investment in the local economy.

With this approach you would not have to give up US citizenship and all the many wondrous benefits it affords. It might be good to have some kind of continuing business presence in the US, if only to retain your access to Social Security, Medicaid, etc, (if anything will be left of them) in your golden years...

I do know there is alot of hype in the US news lately about the IRS cracking down on those who try to evade paying taxes by hiding their income in offshore acounts. I believe the key to avoiding any future IRS scrutiny would be to gain dual citizenship or at least residency status in the foreign country of choice and form a corporation or other legal entity there to trade from, pay your (hopefully much lower) taxes in your new home country & live happily ever after.

Please somebody deflate my naive dreams if need be.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #169
  • Jul 18, 2009 5:44pm Jul 18, 2009 5:44pm
I reside in Canada, absolutely hate the 'new world'.. have dual citizenship because I was born in Poland, (where I hide my money in accounts..)

Highly considering building a home there and settling with my wife and our son.

Love the culture, and everything about it. Everytime I go for vacation, I never want to return to Canada.
  • #170
  • Jul 18, 2009 6:35pm Jul 18, 2009 6:35pm
Quoting w00p
I reside in Canada, absolutely hate the 'new world'.. have dual citizenship because I was born in Poland, (where I hide my money in accounts..)
I'm curious, what is it you find so detestable about the "new world"?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #171
  • Jul 18, 2009 7:51pm Jul 18, 2009 7:51pm
Maybe I missed it, but I don't think anyone mentioned Spain.
Any opinions?
  • #172
  • Jul 18, 2009 8:58pm Jul 18, 2009 8:58pm
Come to Dominican Republic!!
You have everything! summer, beach, cheap, taxes ..... you can solve any problem or pay them. same time zone as NY and near from your house.
what else you need?
My wifew work for the UN and i spend my time tradeing. I really don t want to move from here. If you start to think serious to move to here, PM to me, i can help you (if you need help).
good luck, and sorry about my english
abd
  • #173
  • Jul 18, 2009 9:08pm Jul 18, 2009 9:08pm
Come to Dominican Republic!!
You have everything! summer, beach, cheap, taxes ..... you can solve any problem or pay them. same time zone as NY and near from your house.
what else you need?
My wifew work for the UN and i spend my time tradeing. I really don t want to move from here. If you start to think serious to move to here, PM to me, i can help you (if you need help).
good luck, and sorry about my english
abd
  • #174
  • Jul 18, 2009 9:51pm Jul 18, 2009 9:51pm
Quoting The Fool
I'm curious, what is it you find so detestable about the "new world"?
Just feel at 'home' when i am there I think that's enough of an answer! Culture, traditions, people..
  • #175
  • Jul 18, 2009 10:12pm Jul 18, 2009 10:12pm
Consider New Zealand.....
Penang Island in Malaysia is good too. Especially nearby Tanjong seaside, foreigners,hotel over there...cool place. No taxes with FX earning so far. Yea, i m living there
  • #176
  • Jul 18, 2009 10:31pm Jul 18, 2009 10:31pm
Hey, math whiz, since you brought up the issue of elections:

Why is it that for every letter written to Congress by a U.S. citizen it is assumed that there are at least 100-200 equal views by citizes who do not care or take the time to write?

The world does not always work according to probablity theory, even though I am sure that is what your oh-so logical mind would like to think. Students who have seriously studied math tend to know how and when to apply it. Amateurs attempt to apply it to everything in life and then wonder why it blows up in their faces (especially when they are trying to make themselves look smart).

Quoting Tjpld
Newsflash: There are social hotspots everywhere on the world.
wow.

Ahh yes 5 people. To get the statistical error down to 1% for example if you want to take a survey on the upcoming election you need at least 1.000 People. Now you're talking about 5. lol. Sorry.

The show is not more or less popular than every other show on private television.
Walk through Düsseldorf Fußgängerzone and ask 100 People if they have ever seen the show or if they are regular viewers. I guess 5 would do the trick also if we follow your...
  • #177
  • Jul 19, 2009 3:33am Jul 19, 2009 3:33am
Quoting fxterrapin
Hey, math whiz, since you brought up the issue of elections:

Why is it that for every letter written to Congress by a U.S. citizen it is assumed that there are at least 100-200 equal views by citizes who do not care or take the time to write?
You still fail to prove that asking 5 people actually has any significance. For this mathematical models work extremely well. I'm sorry if the word "Math" brings back bad memories from your school time.
  • #178
  • Jul 19, 2009 3:40am Jul 19, 2009 3:40am
Quoting Tjpld
You still fail to prove that asking 5 people actually has any significance. For this mathematical models work extremely well. I'm sorry if the word "Math" brings back bad memories from your school time.

I proved it. You either can't or refuse to read/comprehend it. Sorry if English brings back bad memories from your school time.

(btw, I studied Theoretical CS, best time I ever had)
  • #179
  • Jul 19, 2009 4:03am Jul 19, 2009 4:03am
Quoting ALThau
Maybe I missed it, but I don't think anyone mentioned Spain.
Any opinions?
Isn't it full of Brits?
  • #180
  • Jul 19, 2009 4:05am Jul 19, 2009 4:05am
Quoting abducted
Come to Dominican Republic!!
You have everything! summer, beach, cheap, taxes ..... you can solve any problem or pay them. same time zone as NY and near from your house.
what else you need?
My wifew work for the UN and i spend my time tradeing. I really don t want to move from here. If you start to think serious to move to here, PM to me, i can help you (if you need help).
good luck, and sorry about my english
abd
I've read from the Sovereign Society that the DR is one of the easiest places in the world to get a passport.

And the woman are sexy. Guys, don't forget this as you do your research!
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