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  • #341
  • Sep 14, 2009 4:20pm Sep 14, 2009 4:20pm
Life Rule #3.

Not everyone is like you.


Quoting forex4me
Anyone considering moving away from their birth country is making a grave mistake. You new adopted country will never be the same. Some countries have overrated assessments and that can be totally disappointing once the reality sets in....
  • #342
  • Sep 14, 2009 5:43pm Sep 14, 2009 5:43pm
Quoting forex4me
Anyone considering moving away from their birth country is making a grave mistake. You new adopted country will never be the same. Some countries have overrated assessments and that can be totally disappointing once the reality sets in....
No offense intended to you but, please consider: Look at how much of what you have listed in your post could be greatly improved by working on your outlook and attitude - barely having to do with your environment at all.
  • #343
  • Sep 14, 2009 8:11pm Sep 14, 2009 8:11pm
Quoting FX Min
Hey there, I was also thinking of moving to singapore sometime, would you mind answering a few qs?

what you say fx and capital gains is tax free.. I pay no tax if I'm making money soley on foreign exchange? -- also is chewing gum still banned there? I heard you can now buy through dentist or pharmacy, but can you buy at normal shops? lol

thanks
hi fx min,

capital gains from trading of financial instruments are tax exempt excluding dividends. income from offshore/overseas are also tax exempt. to know more about taxes in singapore. this is the link http://www.iras.gov.sg/irashome/default.aspx.

yes, chewing gum is still banned. those prescribed by pharmacists and docs. are nicotine gums that are meant for people who want to quit smoking. nothing to do with dentist. thanks
  • #344
  • Sep 14, 2009 8:28pm Sep 14, 2009 8:28pm
Quoting forex4me
Anyone considering moving away from their birth country is making a grave mistake. You new adopted country will never be the same. Some countries have overrated assessments and that can be totally disappointing once the reality sets in. After a while you will regret the move.You will not like the mentality/culture of a new country and you will feel outsider.

You won't have much in common with anyone and eventually you will despise everyone because they will feel the same about you. Detrimental to your health.

I speak from experience. I hate...
can't put it this way. people might want to move for various reasons. some people for health reasons, cannot stay in a cold climate. so they need to stay in a warm climate.

a lot of people migrated to another country after they visited the place. they like the culture there or something there attracts them. after they're there, they will assimilate into the place. but they will still find and seek out people who share the same culture or origins as them. birds of the same feathers flock together. like study, aviation, boxing clubs.

you wouldn't move to a place you don't like!!! you would check out the place first. there're only 2 things that i can think of that a person would stay in a place they don't like. for work and study. thanks
  • #345
  • Sep 19, 2009 10:56am Sep 19, 2009 10:56am
Quoting winningfx
hi fx min,

capital gains from trading of financial instruments are tax exempt excluding dividends. income from offshore/overseas are also tax exempt. to know more about taxes in singapore. this is the link http://www.iras.gov.sg/irashome/default.aspx.

yes, chewing gum is still banned. those prescribed by pharmacists and docs. are nicotine gums that are meant for people who want to quit smoking. nothing to do with dentist. thanks
thanks for answering
  • #346
  • Sep 24, 2009 4:22am Sep 24, 2009 4:22am
Quoting FX Min
thanks for answering
Hi !!
Singapore looks perfect for me: nice weather, big financial hub, very low tax, pro-business policies, good nightlife, tolerant, ...
Basicellly, how is it possible a forex trader to start an home based trading business in Singapore and to get a visa ?
If it's possible let's all move to Singapore
  • #347
  • Sep 24, 2009 12:35pm Sep 24, 2009 12:35pm
Quoting djmanu
If it's possible let's all move to Singapore
Sounds good!

http://farm3.static.flickr.com/2464/...2aff32fc3d.jpg
  • #348
  • Sep 24, 2009 1:37pm Sep 24, 2009 1:37pm
too plastic and artificial for my taste ..
The Essentials of Trading: Emotions, Risk Mgt, Price.
  • #349
  • Oct 1, 2009 3:56am Oct 1, 2009 3:56am
I thought this story may be of interest re: countries internet network capability (now and future):

http://news.bbc.co.uk/1/hi/technology/8282839.stm
  • #350
  • Oct 2, 2009 3:54am Oct 2, 2009 3:54am
i think the best one is that properly regulated by law and rules, then comes specifit traits of a broker itself (spreads, terms of trading, instruments etc.)
  • #351
  • Oct 6, 2009 9:32pm Oct 6, 2009 9:32pm
When I heard that question, I knew right away(at least for me) that would be Perth, Austrailia!

I'm a U.S. citizen(San Francisco area), living in Santa Cruz, Bolivia(New York time). New York time is better than trading California time but the Best Time to trade is the LondonUS sessions right?
In Perth, Austrailia you're totally opposite New York time. When New York is opening, it's 8pm in Perth. When the London opens it's 4pm in Perth. When the London stops it's Midnight in Perth and you can go to bed without staying up all night. I've heard of 2 people ruining their health, staying up all hours to trade because of living in the U.S. and trading at night.

Anyway besides the time for trading.
Perth has excellent weather. A few hours south is Snow skiing.
A couple days north is Darwin and humid tropical weather.
Perth is just right. Beaches.
Nice modern clean city.
High speed internet.
Good schools, etc.
Cost of living like 1st world countries.

I don't know if anyone else mentioned Perth. I was surprised to see so many pages written on the subject of 'Best Place'. Oh, by the way they speak English first.

RR
  • #352
  • Oct 6, 2009 9:44pm Oct 6, 2009 9:44pm
Quoting reese777
When I heard that question, I knew right away(at least for me) that would be Perth, Austrailia!

I'm a U.S. citizen(San Francisco area), living in Santa Cruz, Bolivia(New York time). New York time is better than trading California time but the Best Time to trade is the LondonUS sessions right?
In Perth, Austrailia you're totally opposite New York time. When New York is opening, it's 8pm in Perth. When the London opens it's 4pm in Perth. When the London stops it's Midnight in Perth and you can go to bed without staying up all night. I've heard of...
Hola Reese & Welcome,

So, have you lived in Perth? What US city would you compare it to, cost of living wise? Perth in the winter, home to the USA for the summer....hmmm that sounds pretty good - and those hours are not too bad, either.

Hours of operation are important, obviously: I like to scalp & I'm good at it but I'm on the west coast and trying to catch the London open and the NY-London overlap really messes up a dude's schedule if he has a work life outside of trading..

Thanks for your post!
"If The Fool persists in his Folly he will become wise." - William Blake
  • #353
  • Oct 6, 2009 10:20pm Oct 6, 2009 10:20pm
Hi Fool!(That sounds strange saying that. Reminds me of the line that they used on 'Sanford and Son'. Fox would say "Who you calling a Fool, Fool?")

Anyway, yes were west coasters also up to 4 years ago. Love the Forex but the early hours can 'kill' you. Expecially if your in a bad trade(like 95% of us get into), you gotta get out, but you gotta go to work too! What a mess.

Anyway. Perth has a 'Seattle/San Francisco' feel. Seattle in the way it's open and spread out, water ways and the ocean off the coast. But San Francisco with the sunshine and blue sky. It had that US west coast newer city, "open" feeling. Sydney on the other coast felt more boxed in, crowded(but pretty).

Perth is about the furthest outpost of an 'close as you can' to US city feel.

Before coming to Bolivia, I planned out a 3 week vacation from San Francisco to Tahiti(Bora, Bora), then down to Auckland, New Zealand, over to Sydney and then Perth. I wanted to see Perth, believe it or not, because of the hours for trading. We were there for 2 days and it was better than I thought. About the only thing I didn't like, is some parts outside of the city, to the east(interior), it had too many Kangaroos.
But in the city itself we only saw one. Just south of town they have an area where you can take a boat ride and "Swim with the dolphins". Anyway, I hope that helps alittle more.
Talk to you later,

RR
  • #354
  • Oct 26, 2009 7:19am Oct 26, 2009 7:19am
One more relevant study

http://www.prosperity.com/rankings.aspx
  • #355
  • Oct 26, 2009 8:20am Oct 26, 2009 8:20am
Quoting mikkom
One more relevant study

http://www.prosperity.com/rankings.aspx
Not that relevant, although quite interesting, unless you're a reindeer... and Italy down at # 21... un insulto !

  • #356
  • Oct 26, 2009 8:36am Oct 26, 2009 8:36am
Has Dubai been mentioned? Haven't searched the whole thread.

Fantastic weather year round, no early starts (I trade London session). Fantastic quality of life.

I'm very happy here.

Edit: I see Dubai has been mentioned a few times. Apologies.
  • #357
  • Oct 26, 2009 9:13am Oct 26, 2009 9:13am
Singapore gets my vote!
  • #358
  • Oct 26, 2009 10:09am Oct 26, 2009 10:09am
Quoting Ilovepippin
Definitely Southern Spain. Malaga area or Marbella.
All of the above apply, weather, mountains, schools etc. plus you are in Europe, which in trading means you can take advantage of the European market and US market during your day.
you gotta be kiddin!

The weather maybe nice but it is also where the 'trash' of northern europe come to holiday (I am talking mostly about the British chavs). Its where most of the criminals of northern/eastern europe congregate to spend their drug money, rubbing shoulders with the corrupt local and regional politicians (how many Marbella major's have been put in prison for corruption...almost all in the last 20 years!).

Its also a concrete jungle, over developed hidious concrete structures with wasteland areas in between, and the beaches are an environmental disaster zone with millions of tonnes of raw sewage pumped into the sea daily at the height of summer.

I would rather live in Afghanistan.
  • #359
  • Oct 26, 2009 10:13am Oct 26, 2009 10:13am
Quoting Porkpie
you gotta be kiddin!

The weather maybe nice but it is also where the 'trash' of northern europe come to holiday (I am talking mostly about the British chavs). Its where most of the criminals of northern/eastern europe congregate to spend their drug money, rubbing shoulders with the corrupt local and regional politicians (how many Marbella major's have been put in prison for corruption...almost all in the last 20 years!).

Its also a concrete jungle, over developed hidious concrete structures with wasteland areas in between, and the beaches are...
  • #360
  • Oct 26, 2009 12:26pm Oct 26, 2009 12:26pm
The weather is terrible in ireland, rains a lot and no summer... but,for now at least, if you are a non-irish national resident in ireland, you only pay tax on income remitted to ireland. so if your broker is outside ireland and you keep your bank account outside ireland, you pay zilch in taxes.

Someone mentioned Monaco earlier. Yep, it's tax free, but have you checked the rents? There's very few houses. Mostly apartments, and decent apartments would probably start from about 5k per month; parking not included.

By the way Andorra is tax free and in Europe(not sure of the social life though.
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