Moving to a cheaper country

danger12 said:
you didn't read his thread properly .... can you make living under $1000 in eastern part of Europe? Nope

You haven't visited India once that's why you are saying that ...
and India going to become HUB for technologies in next few years
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Yes you can, I can get an apartment in Romania or Bulgaria for around $300 to $350 per month in a modern city, internet will be fast locally and faster to servers than some far away place. India's tax jumps to 30% at only about $14924/year. I also wouldn't be getting years in prison for eating one of the best tasting foods.

There are many HUBS for technology now, and they aren't going away. A person can always go to Silicon Valley,London,New York,Delhi,Tokyo to complete a business deal once they get to that level.
 
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you can move to bangladesh! it's awesome and you can lead your life too happily with 1k $ per month!
 
THUNDERELVI said:
his isn't some bullshit theory, I have friends in the US who have done this successfully - in the US, you would pay 40% taxes overall on your earnings (high income levels), but by moving your company oversees, you pay an effective tax rate of just 3% or in some cases even less than 1%. Make a million dollars per year and you won't even have to pay $10k in taxes.
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The problem with this will be that under US tax laws while your corporate taxes are minimized, IRS expects you to 1. pay yourself a fair wage and 2. You are subject to US taxes on foreign income (US is one of the few countries who does this). You can't just claim that all the money you have is legal because you own a foreign corporation; that will get sent you to jail.
 
toml3030 said:
My pm box isn't full, as far as I can tell. Are you talking to the right person?
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Weird. It says I can't start a convo. Ya, I have a business proposal for you. Message me on Skype. ID: macdonjo

upload_2016-9-21_18-57-34.png
 
0xxi3 said:
It's interesting speculating about moving somewhere, but when it actually comes to doing it, there is a lot of things that can and will go wrong.
First of all, you understimate how hard it actually is to settle in another country. It isn't all sunshine and rainbows. The further you move from your country in cultural, religious and language sense, the harder it is to get accustomed.

If you're a normal, social human being you'll be missing your friends and your general way of life. While moving might be a good idea economically, there is just too many downsides to that. This is why many people move from poor to richer countries and not vice versa. There is just too much to lose when moving to a third world country.
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This basically sums it up...

i value my mental health and happiness more than saving money
 
Fragmaster said:
I live in Europe too, in one Balkan country. I am talking specifically about working online, and choosing between higher and lower upkeep. We are all working for similar wages online, but money we earn is heavily affected by place we live. For example with money i earn in IM i can't live in US , but i can in my country.
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If you would be on US, you would earn 5-10x more.
 
BigTroll said:
If you would be on US, you would earn 5-10x more.
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I'm not sure i understand logic behind it. Do u mean i would learn IM faster and have access to better offline customers? Internet is not giving any bonus cash for being specific country resident. Except doing some web site evaluator job or surveys, in such cases it would be easier to apply, true, but on internet u can spoof everything like place of living and IDs.

I admit its kinda handicap to live in place where 90% of population laugh at you when u say u earn online.Or when they dont laugh they just dont believe . They would belive if u explain in details or show payment proof (why would i do that). But if u just say - i am freelancer, and say i dont work anywhere , they tag u as a deadbeat.
 
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Fragmaster said:
I'm not sure i understand logic behind it. Do u mean i would learn IM faster and have access to better offline customers? Internet is not giving any bonus cash for being specific country resident. Except doing some web site evaluator job or surveys, in such cases it would be easier to apply, true, but on internet u can spoof everything like place of living and IDs.

I admit its kinda handicap to live in place where 90% of population laugh at you when u say u earn online.Or when they dont laugh they just dont believe . They would belive if u explain in details or show payment proof (why would i do that). But if u just say - i am freelancer, and say i dont work anywhere , they tag u as a deadbeat.
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Dude, you don't have any fuckin' guarantee that your Internet Marketing success will last for 50 years!
And there are more important factors: the criminality its much higher, the education is more poor, hospitals are not at the highest level....you want the best for your kids (supposing you won't do IM on a room, single, for the rest of your life).
 
BigTroll said:
Dude, you don't have any fuckin' guarantee that your Internet Marketing success will last for 50 years!
And there are more important factors: the criminality its much higher, the education is more poor, hospitals are not at the highest level....you want the best for your kids (supposing you won't do IM on a room, single, for the rest of your life).
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Holy shit, you are media brainwashed indeed.
 
Fragmaster said:
Holy shit, you are media brainwashed indeed.
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No, I'm just living on a Balkan country with $200/month medium wage.
I see how corupts are our politicians, I see how our hospitals are looking, I see people dying on the street.

Based on how you think, I bet you dont have more than 18.
 
BigTroll said:
No, I'm just living on a Balkan country with $200/month medium wage.
I see how corupts are our politicians, I see how our hospitals are looking, I see people dying on the street.

Based on how you think, I bet you dont have more than 18.
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Ah, the old "traditional"(not really but it seems so) of lying about Romania's economy.
Minimum wage is higher than that and the average is much higher(even more if you take out all the groups that love being NEETS).
Corruption is everywhere, I personally would prefer the tax level of Romania with its corruption than the tax rate of a western European or northern European nation with no open corruption.

You guys should be really lucky that people and companies that engage in FDI aren't listening to your stories, or you would really have something to bitch about.
 
BigTroll said:
Dude, you don't have any fuckin' guarantee that your Internet Marketing success will last for 50 years!
And there are more important factors: the criminality its much higher, the education is more poor, hospitals are not at the highest level....you want the best for your kids (supposing you won't do IM on a room, single, for the rest of your life).
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Why does it need to last 50 years?

You never heard of savings and investments? You are allowed to save money from IM, you are allowed to invest in bonds and stocks from IM money. You are allowed to pay off a house and put solar panels on it from IM earned money.
 
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