• viking
    link
    fedilink
    arrow-up
    2
    arrow-down
    1
    ·
    10 months ago

    All over the world. Germany -> Luxembourg -> Norway -> Liberia -> Tanzania -> Kenya -> Nigeria -> Madagascar -> China; and next month to Malaysia.

    Luxembourg was great for starting to build some wealth thanks to the super low taxes, Norway was to improve my career opportunities, and in Africa I really started to make bank since those contracts included living & “hardship” allowances that are untaxed, I invested most of that and also used it to fund an executive MBA.

    To China I already came with 15+ years work experience and entered on c-level with a great salary package; and there are no taxes on foreign income here, including foreign capital gains.

    Malaysia is a stopover for a few years also for tax purposes, they have no capital gains either and the company I work for is registered in Hong Kong, which in China would be considered onshore and thereby taxable. So in Malaysia I can sell my share package for free after 2 years of residency.

    Also much nicer climate and friendlier people than in China.

    • speaker_hat@lemmy.one
      link
      fedilink
      arrow-up
      1
      arrow-down
      2
      ·
      10 months ago

      Thanks for the detailed reply! Definitely an interesting journey, and I glad to hear it’s financially good. Good luck.