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  • #24,761
  • Edited 12:43pm Oct 26, 2023 12:23pm | Edited 12:43pm
Quoting Trader191
{quote} will not work with german passport! then you need to stay at least half of a year somewhere to get taxed there, or you get taxed in germany in minimum next 10 years after leaving. germany is not same like with coming from other countries.
But how could you move out of Germany and than travelling around while having residence in Dubai then ? Or do you also stay at least 183 days every year there ?
Did you obtain different passport then ? Which ? Can you get rid of Gemany passport to make this travelling dream come true ? I mean if you are born in Germany you are considered German even you do not have German passport for some time. So this might not do the trick or what do you mean here ?
  • #24,762
  • Oct 26, 2023 12:53pm Oct 26, 2023 12:53pm
Quoting Fagin
{quote} Let's not get into politics but I'm glad we are out of the EU experiment. I am though sad I can't just move to another EU country without jumping through the visa hoops now. For me it is going to be Portugal, Greece or Thailand when I sought my business out here in the UK. It's too damn miserable in winter time to endure much longer! PS tax isn't always a bad thing as long as it is used well by those who take it.
you can forget Portugal, my country is gonna end tourist program in 2024
  • #24,763
  • Oct 26, 2023 12:54pm Oct 26, 2023 12:54pm
Quoting DeltaCapital
{quote} you can forget Portugal, my country is gonna end tourist program in 2024
Thailand too. There are no more tax advantages here from 2024 on.
  • #24,764
  • Oct 26, 2023 1:02pm Oct 26, 2023 1:02pm
Quoting TrAndy1
{quote} But how could you move out of Germany and than travelling around while having residence in Dubai then ? Or do you also stay at least 183 days every year there ? Did you obtain different passport then ? Which ? Can you get rid of Gemany passport to make this travelling dream come true ? I mean if you are born in Germany you are considered German even you do not have German passport for some time. So this might not do the trick or what do you mean here ?
i change country yearly or only for longer time.
  • #24,765
  • Oct 26, 2023 1:02pm Oct 26, 2023 1:02pm
Quoting TrAndy1
{quote} Thailand too. There are no more tax advantages here from 2024 on.
even dubai and other 0% tax paradises are gonna get more cooperative with 1st world countries about tax evasion ect, if i moved to dubai from portugal i would still paying taxes to portugal during 5 years because of laws, is getting difficult to lower taxes, thank god i live in portugal islands and i pay 30% less taxes then in portugal mainland
  • #24,766
  • Oct 26, 2023 1:03pm Oct 26, 2023 1:03pm
Quoting Nehemah
{quote} Regarding Myflashfunding, as soon as you request your payout, your account is reset and you are able to trade. Then your account is not frozen. It's a great point ! And the next payout is in 7 days ! Second good point. The payout was done is 24 hours. (method is crypto or wise)
what is their comm for forex?
I like them because they still offer MT4
  • #24,767
  • Oct 26, 2023 1:04pm Oct 26, 2023 1:04pm
Quoting DeltaCapital
{quote} you can forget Portugal, my country is gonna end tourist program in 2024
I'll not be moving for another couple of years or so. Not bothered about tax or cost to be honest, just like sunshine, fishin, biking and drinkin might have to seek asylum somewhere.
  • #24,768
  • Oct 26, 2023 1:05pm Oct 26, 2023 1:05pm
Quoting TrAndy1
{quote} But how could you move out of Germany and than travelling around while having residence in Dubai then ? Or do you also stay at least 183 days every year there ? Did you obtain different passport then ? Which ? Can you get rid of Gemany passport to make this travelling dream come true ? I mean if you are born in Germany you are considered German even you do not have German passport for some time. So this might not do the trick or what do you mean here ?
when you was taxed in germany last time, from this time 10 years you can have this regulations. i dont know if it will work with new passport.
after usa its second hard country for tax.

but tax is normally smallest problem for trader. germany is total new rule because of this crazy law, rest countries are all fine.
  • #24,769
  • Oct 26, 2023 1:07pm Oct 26, 2023 1:07pm
Quoting Fagin
{quote} I'll not be moving for another couple of years or so. Not bothered about tax or cost to be honest, just like sunshine, fishin, biking and drinkin might have to seek asylum somewhere.
try to move to my island Sao Miguel Azores Portugal you would love it here
  • #24,770
  • Oct 26, 2023 1:08pm Oct 26, 2023 1:08pm
Quoting rizla101
{quote} Think $1000 is minimum withdraw. And you only get fee refund on the 5th withdraw i believe. Not ideal conditions but still, the dropping of all those other rules makes them bit more attractive.
Yes with them dropping all those rules makes them bit more attractive, but they only offer MT5. Good entry price and low comm, USD3 on forex..
  • #24,771
  • Oct 26, 2023 1:11pm Oct 26, 2023 1:11pm
Quoting Lrg
{quote} Yes with them dropping all those rules makes them bit more attractive, but they only offer MT5. Good entry price and low comm, USD3 on forex..
Score without discount (are they any current promo codes for FundingPips ?) is ~ 5.3 which is very good value for your invested fee.
  • #24,772
  • Oct 26, 2023 1:12pm Oct 26, 2023 1:12pm
Quoting DeltaCapital
{quote} try to move to my island Sao Miguel Azores Portugal you would love it here
Might just do that!
  • #24,773
  • Oct 26, 2023 1:13pm Oct 26, 2023 1:13pm
[quote=TrAndy1;14632423]{quote} The intention of that law was to stop trading at all among all non-banks! As individual trader you are forced to stop trading seriously as any main source of income. ...

Exactly, there was an interview with Scholzīs second man, when the law came out and before Scholzie became Chancellor, this guy, who was the architect of the law, said plainly, that the intention was to "destroy the trader profession".He succeeded. Obviously inconstitutional, to go around destroying legal professions, but they donīt care. Actually, they passed the law, between Christmas and New Yeraīs Eve, when most people were on holiday, and considering that most of the people in the Bundestag, have really no clue about trading, which is "very very bad" anyway.
  • #24,774
  • Oct 26, 2023 1:16pm Oct 26, 2023 1:16pm
Quoting pipmaster77
{quote} Wait a minute... You're stating if I make $300K in profit and lose $260K, resulting in a net profit of $40K........I need to pay tax on $280K (300K- only 20K in losses). Are you positive it isn't 20K in net losses you are allowed? Sorry to question you, but that is absurd.
Yes, as ridiculous as that, but correct.And in Germany,( as of today, the 3rd in terms of GDP globally), not in a Banana Republic.
  • #24,775
  • Oct 26, 2023 1:22pm Oct 26, 2023 1:22pm
There are some mouth watering offers happening in few firms. Now i am wondering either go for 400k FTMO or 600k with the same amount on others.

Blue Guardian - 25% (710$ for 200k account)
Smart prop trading - 15% (780$ for 200k account)
SKilled trader - 15% (734$ for 200k account)

or FTMO 400k for 2180$
Extreme gut feeling trader
  • #24,776
  • Oct 26, 2023 1:38pm Oct 26, 2023 1:38pm
I didn't trade TFF since over year time till now. I only trade 10-20 k accounts with promo codes after MFF situation just trying to be more open for older companies. But i like TFF because of very low spreads on crypto. Adausd is very easy to trade there.
  • #24,777
  • Oct 26, 2023 1:54pm Oct 26, 2023 1:54pm
Quoting montygoldy
There are some mouth watering offers happening in few firms. Now i am wondering either go for 400k FTMO or 600k with the same amount on others. Blue Guardian - 25% (710$ for 200k account) Smart prop trading - 15% (780$ for 200k account) SKilled trader - 15% (734$ for 200k account) or FTMO 400k for 2180$
Why settle for one when you can buy 10 mate. YOLO pool party man.
  • #24,778
  • Oct 26, 2023 2:02pm Oct 26, 2023 2:02pm
Quoting TrAndy1
But that does not mean you need to stay all days in a year there.
-Yes. Some countries with citizenship-by-investment programs, do not require that you stay in the country at all.
  • #24,779
  • Oct 26, 2023 2:20pm Oct 26, 2023 2:20pm
Quoting Fagin
{quote} I'll not be moving for another couple of years or so. Not bothered about tax or cost to be honest, just like sunshine, fishin, biking and drinkin might have to seek asylum somewhere.
Sound just like me.......I'm in Florida. If you MUST live in the US, by far, the best option......all around, not just weather. Has everything you mentioned.....I boat, jetski, fish, drink and trade.
Summers are pretty miserably humid, I usually escape to the mountains of GA, TN or NC for atleast 3-4 weeks. There I hang out on the lake and boat, jetski, fish, and drink as well.
  • #24,780
  • Oct 26, 2023 2:23pm Oct 26, 2023 2:23pm
Quoting cuchuflito
Quoting TrAndy1
{quote} The intention of that law was to stop trading at all among all non-banks! As individual trader you are forced to stop trading seriously as any main source of income. ... Exactly, there was an interview with Scholzīs second man, when the law came out and before Scholzie became Chancellor, this guy, who was the architect of the law, said plainly, that the intention was to "destroy the trader profession".He succeeded. Obviously inconstitutional, to go around destroying legal professions, but they donīt care. Actually,
...
Damn, sounds so much like how the USA passes shit........at last minute just add some shit in with nobody knowing otherwise.
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