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There's some rather big leaps here. First of all you need a skill to do this. If you aren't already pretty good at coding, how are you going to get the work? T
by lordnacho 5y ago
There's some rather big leaps here.
First of all you need a skill to do this. If you aren't already pretty good at coding, how are you going to get the work? This is like saying we can all represent our country at the Olympics, just pick an easy sport.
Investment returns... how do you say this politely? If you already know the market is going up, why don't you just borrow money and go long the market?
Also, taxes. It might make sense to talk about how to minimize this, because it's going to be one of the biggest outgoings. Move to a tax haven if you're gonna be remote anyway. Malta, UAE, etc.
- beagle3 5y agoAmericans pay taxes even if they live outside the US. You get a $90k (or however much it is today) “outside the US” exemption, and if you have a treaty, any taxes paid towards your domicile. But you do pay taxes.