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South East Asia or South America, motivate
Hey,
I've been digital nomading for 2 years now. I feel like settling somewhere, and I know it won't be Europe.
Between South East Asia and South America, which one would you choose?
I am leaning towards South America, and initially Asuncion. Good taxes and time zone matches much stock trading schedule (U.S. exchanges only).
Am I making a huge mistake? Are there many nomads in South America?
I've been digital nomading for 2 years now. I feel like settling somewhere, and I know it won't be Europe.
Between South East Asia and South America, which one would you choose?
I am leaning towards South America, and initially Asuncion. Good taxes and time zone matches much stock trading schedule (U.S. exchanges only).
Am I making a huge mistake? Are there many nomads in South America?
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Biased obviously, but South East Asia. There are lots of tax opportunities there too. However the timezone bit for US stock trading clearly is not friendly, so if that's the major pull, you've got South America as the win (and if I had to pick, I'd actually stay in Buenos Aires)
Malaysia?
How is the CGT tax? My only income is from stock trading.
malaysia has some notes around foreign sourced income, but trading is treated as income, vs. long term investments that aren't (no cgt). you can have a HK company to handle this. speak to a tax person
Gotcha - that was my worry. Yeah, this is frequent trading, not long term holds at all.
So likely considered income. But it is still foreign, I thought foreign sourced income is exempt?
best to speak to a tax person, you have to structure it wisely for foreign source exemptions
@byte Could you suggest some areas in Kuala Lumpur to look into? Ideally safe, modern and walkable (as far as possible).
@leifjerami Same question to you.
Also, do either of you have access to a good visa lawyer or similar?
You're kinda selling it to me.
try the digital nomad visa first? there is also something called mm2h - which you could qualify for with $$. you get a social visit pass, long term
Is there nobody to help with that process, or do I just call the embassy?
mdec.my/derantau
i dont know if you need help beyond that
downtown kl. mont' kiara. bangsar (nearer telawi or bsc). surprisingly, ttdi (near the mrt). mont' kiara is filled with lots of expats and is plenty walkable
My worry about much of SEA is sights like this: www.thestar.com.my/news/natio…
To be fair, that trash is probably accumulated at sea from neighboring countries. I cant comment much on SEA's cleanliness, maybe check out the foreigners/expats views on these countries. Or go and check them yourself. Have a short trip to any of those popular destinations.
I did have a rather long stay in Bali in 2021, when it was at its cleanest. Even the most pristine beaches, you'd get the occasional chocolate bar packaging floating next to you, ruining the experience.
well... you can find stuff like this even in downtown london if you go looking. i live in downtown kl and its fine
But this isn't downtown London - rather a pristine beach.
And, London is nothing to strive towards in terms of cleanness - lol.
:) there are good beaches in malaysia (not kl). don't worry about it. langkawi as an island might be good for a digital nomad even (its duty free so liquor is cheap)
Haha, good to know. I don't drink alcohol though :)
Wait, which "pristine" beach are you talking about? In the article? That's actually like a river/sewer near water village squatters and wet market, not a public beach.
Gotcha, it did come up when searching for beaches with trash in Malaysia on Google.
You googled "beaches with trash in Malaysia"?😲
yeah, hahaha :)
Why not Europe btw?
The short answer would be because I am politically very aware.
Just look at the trajectory of the continent.
South America would be a great decision. It has the best weather, there are a lot of nomads, a lot of natural places to visit and people build strong communities around tech and other industries.
Thoughts on Mendoza? Seems to have lots of space and clean air and water from the Andes?