Snowbird Splits and Multi-Flag Lifestyles
Last activity 20 December 2022 by cccmedia
300 Views
21 replies
Subscribe to the topic
Post new topic
Colombia claims the rightto tax an Expat's worldwide income, even ifnone of it is received or earned in Colombia.- @cccmedia
no cheating, nothing unethical,nothing illegal, nothing immoral,nothing improperly withheldfrom "the host society."To say otherwise is to havea slanted, uninformed opinion.Savvy Expats learn the differencebetween legal tax avoidanceand tax evasion.Instead of defaulting to accusationsagainst an Expat.com expert andflaming this thread, learn the law:in Colombia it's strictly legitfor visitors to remain in the countryfor up to 180 days per year withoutincurring income taxes.We enhance the economy throughpaying for lodging, food and beverage,and a host of tourism/travel/serviceoutlays. Colombia encourages thisby exempting us from lodging taxes,too.cccmedia in Colombia- @cccmedia
Five reasons to leave "the collapsing West."
Five Flags enthusiast Caleb Jones explains
five reasons to move out of the West,
by which he means leaving the USA, Canada,
anywhere in Europe, Australia or
New Zealand.
- Taxes are too high .. and Jones predicts they will continue to rise. His primary home is now in Dubai, where he says the taxes are zero. Over 50 percent of USA residents' income goes to evident and hidden taxes, he says.
- The cost of living is too high .. and will also continue to rise. It's not in the USA only, Jones says: look at the cost of having a residence in Vancouver, B.C., or London.
- The Western economies are on a downswing that will continue.
- The Western welfare state is on the rise. If you want to live on 15K (US) per year by receiving government assistance, you will love the West, Jones says. He says someone moving from the Congo to Sweden will be making a positive move .. and so he's not talking to people from "spithole" places.
- Although people who live in the West and haven't traveled internationally don't realize this, people in the West are angry. They're on edge, they argue a lot, especially about politics. They get angry quickly. Jones says it does a lot for your mental health and state of mind to live outside the West, where people as a rule .. are a lot happier.
At Caleb Jones' YouTube channel Sovereign CEO: "five reasons to leave the west"
Jones says it does a lot for your mental health and state of mind to live outside the West, where people as a rule .. are a lot happier.
He should have glanced at the World Happiness Report or similar studies, which conclusively and consistently show that people in "the West" (meaning the more developed, richer countries) are happier than the rest of the world.
I wonder why some people write such unsupported nonsense .
Jones says it does a lot for your mental health and state of mind to live outside the West, where people as a rule .. are a lot happier.
He should have glanced at the World Happiness Report or similar studies, which conclusively and consistently show that people in "the West" (meaning the more developed, richer countries) are happier than the rest of the world.
I wonder why some people write such unsupported nonsense
-@beppi
Sounds like Jones is speaking from his own perspective, ...and the 'studies' cited speak from 'Western Perspective' of those able to cope well financially, personally, interpersonally, socially, etc., etc., So it is all perspective, 'read it on the internet, so it must be true' stuff. Really just that?
I believe so, that's my perspective, ...anyway.
Expat at large,
MAc
Everyone is entitled to his/her own opinion, based on own experience (or even just hearsay). But claiming those opinions are a universal truth is nonsense (the OP worote "outside the West, where people as a rule .. are a lot happier").
And the surveys I referred to are conducted by multi-national bodies, tryong to be impartial and judging people's happiness without culturally tinged criteria. To brush the results off in the way you do (without arguments) is therefore certainly not warranted.
Even your own post indicates that happiness is easier to achieve if you are "able to cope well financially, personally, interpersonally, socially" - isn't that the same as those studies say?
Let us have a look at the happiness report :
https://worldhappiness.report/ed/2022/h … -2019-2021
1-Finland
2-Denmark
3-Iceland
4-Switzerland
5-Netherlands
Mauritius is ranked 52 (I personally am very much happy here)
09/25/22 Let us have a look at the happiness report :
https://worldhappiness.report/ed/2022/h … -2019-2021
1-Finland
2-Denmark
3-Iceland
4-Switzerland
5-Netherlands
Mauritius is ranked 52 (I personally am very much happy here)
-@Bhavna
If the choice were between those five and Mauritius, I'd be right there with you, Bhavna! Island living has its drawbacks, but year-round Summer and a beach day whenever you want one compensate for any number of inconveniences. 😎
Everyone is entitled to his/her own opinion, based on own experience (or even just hearsay). But claiming those opinions are a universal truth is nonsense (the OP worote "outside the West, where people as a rule .. are a lot happier").
And the surveys I referred to are conducted by multi-national bodies, tryong to be impartial and judging people's happiness without culturally tinged criteria. To brush the results off in the way you do (without arguments) is therefore certainly not warranted.
Even your own post indicates that happiness is easier to achieve if you are "able to cope well financially, personally, interpersonally, socially" - isn't that the same as those studies say?
-@beppi
OH geez, having read just awhile ago, what Bhavna posted regarding studies, one must actually read the study to properly evaluate the strata(s) from which the information is taken. It would be interesting to factor in ASEAN perspectives in the commentary. However, that may tend to include ASEAN cultural perspectives. The term happiness, IMHO, is usually but not always, difficult to attribute to 'studies.' An example, I refer to is an answer former President of USA Bill Clinton gave while under oath many years ago. It went something like this: 'it depends on what the definition of 'is' is."
MAc
Conflating a commenter's opinion that "as a rule" people
are happier or unhappier somewhere is not a declaration
of a universal truth.
It's widely known that rules have exceptions and thus
inherently not universally true.
The conflation of the poster's comment was a
notable exaggeration.
cccmedia
A key lesson about interpreting posters' remarks.
The fact that I sometimes present views of
people who ponder various subjects on Expat Café
does not mean that I believe in their opinions and
statements, as was implied in at least one post
above.
Sometimes I post such not because I believe in
something, but to animate discussion on a topic
that may be relevant, important or controversial.
It's my understanding that years ago, members of
this site's experts team were called animators.
A good example of a thread I initiated where
most posters recognized a controversial topic
was not necessarily my opinion is the
Expat Café thread about the future of Nomadism.
cccmedia,
member, Expat.com experts team
Understanding this café,
The full title of this section of our site
is Expat Café / open discussions.
Open means open to various topics.
It does not mean open season to
attack those you may not agree with.
Let's lay off toxic terms like "nonsense"
if you feel the need to characterize
another party's opinion. It's demeaning.
If you're so triggered you can't post
in a civil manner, see if you can summon
up the willpower to refrain.
Demeaning: "Your opinion that dogs are
dirty is nonsense."
Also poor: "It's absurd that some people
believe that dogs are dirty."
Better form:
"I disagree with the concept
that dogs are dirty."
cccmedia
"Sounds like [Caleb Jones] is speaking from
his own perspective," poster Mac68
wrote above.
Mac is correct. Anyone who viewed the
linked Jones video would know that
his comments on the mental/emotional
state of people in the USA was preceded
by an intensive trip visiting U.S. cities and
speaking with the locals.
Jones was right there getting an
understanding from 'the horse's mouth'.
He didn't have to 'glance' at an
international happiness study to
form his boots-on-the-ground
impressions.
cccmedia
Do you live in an authoritarian country?
Five-flagger Caleb Jones moved out of the
"collapsing United States" and splits his time now
between Dubai and Paraguay and also visits
his other favorite countries.
He says most people staying in the States,
"Cuckoo Canada" and all of Europe have so many
regulations imposed on them that they are like
a fish in the sea -- they don't ever realize it.
"Your life is awash with all kinds of insane regulations
that you're just accustomed to because you've lived
with them so long. How to build your house. How
many feet your house has to be from the sidewalk.
The size of your toilet. Whether or not to wear a
seatbelt when you drive by yourself. The nature of
how your car is built or not built. How you get paid.
How you get taxed before you get paid. How you do
your banking and how banks manage your money.
The color you're allowed to paint your house.
Where and how you drive. How you're allowed
to park," Jones says.
"All these things are regulated by millions of laws.
You're like a fish in the ocean, swimming around
in the ocean, saying, Where's the water? I don't
see any water. What the f---, what's this water thing?
You don't even see it because you're awash with it...."
Jones says it's different outside the West...
"But then you go to Vietnam and you realize that
none of these restrictions exist. Now you have a
toilet that's exactly the size you want. You can
park wherever you want, however you like.
You can walk around with a dog that's not
on its leash. What the hell, you can just do things
and relax and not worry about all these regulations.
And you as an individual will experience more
individual freedom..."
---
Search at YouTube.com/Sovereign CEO Channel:
Escape authoriariansim for individual freedom
Plan B.
The news of the world has been telling the tale
of why Expats may need to consider a Plan B,
a second or even third country to relocate to
when trouble expands.
The classic example is Ukraine/Russia.
The New York Times online has just posted
an opinion piece that states that 700,000
people residing in Russia have left the
country since the fearless leader (/s) called up
hundreds of thousands of additional troops
in September.
Caleb Jones rules out a 'living' flag for any
country bordering on Russia because of the
leader's proclivity to invade other countries.
Here in Ecuador, a national strike caused
massive roadblocks in some communities ..
with protesters burning rubber tires in the
streets and parks for 'good measure'. The
strike is paused for negotiations between
the government and the indígenas and
could resume if the latter is dissatisfied with
the results.
In July, one month or so after the Ecuador
strike was paused, Panama saw its largest
protests in many years. Caleb Jones has
removed Panama from his list of 'living'
flags, although he still has investments
there.
Burkina Faso in West Africa is not exactly
on most Expats' Plan B list, but it might
be worth mentioning that the country
just saw its second coup in a year last
Friday, with its military leader deposed.
cccmedia in Quito, Ecuador
Top 'flag' countries we like for 2024.
Caleb Jones...
Dubai .. Mexico .. Paraguay.
cccmedia...
Colombia .. Peru .. USA (home country).
Top reasons I chose Colombia, Peru and the USA for 2024.
- Andean cities in Colombia have excellent year-round weather.
- Colombia, Peru and USA all have excellent blackjack conditions if you know where to look.
- All three countries have cities in the Eastern and Central time zones.
- International travel from my home base in the capital of Ecuador is generally not difficult, especially with the convenient hub of Bogota, Colombia, operating smoothly.
-- cccmedia in Lima, Peru
Top reasons I am maintaining my primary
residence in Quito, Ecuador, even though
Ecuador is not among my top 3 flags for '23
(FYI, two previous posts referenced 2024 --
I was getting ahead of myself and meant '23.)
My car (2016 gold-exterior Chevy Sail) is in
Quito and I like to drive it now and again.
My 'infrastructure' -- including my condo,
my attorney, my primary dentist, my masseuse
and my South American bank -- are in Quito.
The more time I spend in Quito, the less
my hotel expenses are, growing my
Banco account.
Easy to get around and also to find whatever
is needed, as I know Quito better than any
other city in South America.
My large screen TV setup, well devised for
NFL action and other sports, is at my
Quito condo.
Happy New Year to all members of this site.
cccmedia
Five flags .. how does this work?
How many flags do you have now?
What is the optimal number of flags?
Five-flagger Caleb Jones, an Expat
originally from the USA who lives
primarily in Dubai and Paraguay,
explains the concept of five flags...
¨That is spreading your risk over five
different countries.
¨You live in one country where you are
not a citizen.
¨You have a passport in a second country
that you don't live in.
¨You base your business in a third country
that doesn't tax businesses or taxes them
very low.
¨You have your investments in a
fourth country with no capital gains tax.
¨You have a fifth country where you
buy your stuff that has no sales or
VAT tax.¨
Jones says the main object is to bring
one's tax obligations down to the
single digits or as close to zero as possible.
At YouTube... Caleb Jones channel
my history with five flags
Articles to help you in your expat project
- Income tax in Thailand
Thailand is not a tax haven. In Thailand, there are two main types of taxpayers — residents and ...
- Tax in the Philippines
When moving to the Philippines, especially if you are going to work or set up a business there, you will probably ...
- The taxation system in the Dominican Republic
There's a broad range of taxes in the Dominican Republic (DR) to consider, and this article will explain the ...
- Income tax in Italy
Once you have settled in Italy, you will be subject to personal income tax (Imposta sul reddito - IRPEF), in ...
- The tax system in Austria
Tax revenue is a crucial element of the Austrian economy and plays a significant role in funding essential ...
- The tax system in Mauritius
When settling abroad, all questions must be dealt with in advance and be answered clearly and comprehensively, but ...
- Tax in Belgium
Like everyone else, expats in Belgium have to pay taxes. Here's a description of how Belgian taxes work.
- The tax system in Malta
Whether you have decided to work or retire in Malta, taxation will probably be one of your main ...