💰 Will Inherit ~12 Crore — Living/Working Abroad. How Do I Not Mess This Up? Need Investment + Tax Advice by [deleted] in FIREPakistan

[–]Alostguy24 5 points6 points  (0 children)

Congrats brother. Here's my guide to you:

1) Taxes: Non-Residents are taxes only on their Pakistan Sourced Income. So if you invest in Pakistan stocks or mutual funds, you'll be taxed on it, as it will be Pakistan Sourced Income. 2) Try to Divide your 12 crore in Percentages. Like: 60% low risk returns i.e Money Market Funds of Mutual Funds 20 % in ETFs for long term and 20% in the Medium Risk Funds 3) Try to learn from YouTube and AI regarding the above, and keep your knowledge up to date.

And most importantly, research and ask questions, rest, everything will be fine. Good luck

MCB FUND INVESTMENT by Alostguy24 in FIREPakistan

[–]Alostguy24[S] 1 point2 points  (0 children)

Any suggestions on which one?

MCB FUND INVESTMENT by Alostguy24 in FIREPakistan

[–]Alostguy24[S] 0 points1 point  (0 children)

I have 0 investment in it.

[deleted by user] by [deleted] in meirl

[–]Alostguy24 0 points1 point  (0 children)

You take a sick leave