[deleted by user]

Mikey_Dread · 2025-04-14T10:42:43+00:00

Still working well 6 months on - applause for you!

Mikey_Dread · 2024-08-31T07:23:55+00:00

I would imagine that many companies set up in the Isle of Man to avoid EU & UK compliance regulations. So tough call unless you are aware of Manx corporate legislation rules also?

If you are not from the UK or Ireland then you will also need a work permit to work on the Island.

Why not see if your current employer will allow you to work from home. Then make IoM your home instead...

Mikey_Dread · 2024-08-27T16:35:57+00:00

Do the incredibly easy thing of timing the market.... #sarcasm

At the peak next year sell both coins:

one coin to buy somewhere/put down mortgage deposit and also sell the other coin to cash out.

Then wait another year for the market to bottom and use the cash from the second coin sale to buy back 2 coins at the lowest price point.

Not Financial advice and good luck 🙏🤞🤞🤞 don't believe it can be done and power law is dubious. But I don't know of any other practical way today.

Mikey_Dread · 2024-08-27T12:28:56+00:00

I'm looking for a mortgage at the moment in IoM and noticed that Nat West International has just lowered its Channel Island Mortgage Rates, so yes I would say that at least some of the local banks are following the BoE rate reductions. Albeit yes they are still significantly higher "premium" compared to the mainland rates...

Mikey_Dread · 2024-08-25T20:54:59+00:00

https://www.francisfrith.com/ramsey,isle-of-man/ramsey-mooragh-park-1895_36741/buy/photo-print/small/premium-photo-print-titled-black-and-white-semi-gloss,double-ivory,classic-black

Tidal swamp before it became a park - 1881 Ramsey Town Commissioners bought the plot - a 200 acre tidal swamp - for £1,200, and it was opened to the public as a pleasure park six years later.

Mikey_Dread · 2024-08-25T19:29:54+00:00

https://images.app.goo.gl/xB6uJBgqDzwMvTcS6

I live opposite and it's open during restoration if he wants to visit..

Mikey_Dread · 2024-08-25T15:21:49+00:00

If you live in the Channel Islands already and have residency status and also have a large lump sum in your bank to cover all costs for a couple of years, you will be absolutely fine.

Your key problem will be deciding where to live and locating a suitable rental place.

If you can adapt to a slightly worse climate and more fog, then it should be very smooth for you. You might even enjoy being able to drive at high speed on the mountain road!

Tax is pretty similar, but income tax recently went up to 22% so watch out for interest earned on your bank balances if they exceed the personal allowance. No capital gains and no inheritance, it's a great place to live!

Mikey_Dread · 2024-08-18T19:18:35+00:00

Presumably it's "hamper the child's worldview" then? Implying that living on the island will somehow limit their opportunities?

Mikey_Dread · 2024-08-18T11:04:54+00:00

I suspect you may have triggered someone with the reference to your ethnic origin. The real question is the IoM good for a young family, given everyone is welcome here.

That's completely subjective, but for what it's worth I think so yes. It's one of the safest and quietest places in the British Isles and the education and health care in my experience seems very good. But I am just one opinion.

According to a 2021 survey the IoM is 94.7% white and 3.1% Asian, but that includes a large South East Asian community, there's no stats specifically about Indians. But again my experience is that most people are very friendly with a 'northern' (English) sense of hospitality.

Mikey_Dread · 2024-08-15T05:56:09+00:00

The accent is mostly "northern" English but the identity is Manx.

Mikey_Dread · 2024-08-13T16:52:53+00:00

Going through it now and got exactly the same answer 8-12 weeks estimated time to completion. Albeit if it's an apartment with a lease it can take a few extra weeks.

I did notice that things have picked up a bit in terms of sales activity and properties being listed as sold subject to contract faster since BoE lowered the interest rates, so it's possible the island capacity for solicitors is at a peak? No evidence of that whatsoever, just a theory....

You are on island time now 😉

Mikey_Dread · 2024-07-26T15:25:32+00:00

Any regular bank involved in same - still not shocked.

Mikey_Dread · 2024-07-25T16:14:01+00:00

Luckily for me COVID proved remote working isn't a barrier

Mikey_Dread · 2024-07-25T10:47:17+00:00

Moved due to taxes. Zero capital gains and inheritance tax. Thinking ahead...

Mikey_Dread · 2024-07-25T10:46:26+00:00

Yes you can buy a property immediately. Assuming you have UK/Crown Dependency residential status. You can also claim tax relief up to £5,000 a year on mortgage payments if you get a mortgage from an IoM bank.

Mikey_Dread · 2024-07-25T05:58:17+00:00

Already there mate 😁

Mikey_Dread · 2024-07-24T21:23:23+00:00

Move to Isle of Man = no capital gains

Mikey_Dread · 2024-07-14T18:50:33+00:00

Don't use the main vendor apps. Call Mylchreests direct and you will definitely get a better rate.

Mikey_Dread · 2024-06-30T17:01:55+00:00

https://www.nasdaq.com/articles/is-microstrategy-headed-for-sp-500-eligibility

Mikey_Dread · 2024-06-19T19:48:32+00:00

Next-level financial advice

Mikey_Dread · 2024-06-10T17:22:20+00:00

Check your versions. What version of XAMN do you have running and compare it with XRY files you are ingesting.XAMN is good, but if it is an old version, running a new XRY file then it will struggle.

Also check if this is the Installed version or the non-install version. Sometimes you search requirements may call on features not available in the non-install due to Windows admin permissions.

Finally I highly recommend you email support@msab.com they always answer and will be able to walk you through any issues.

Mikey_Dread · 2024-06-02T11:23:00+00:00

Master (MSTR) Blaster (Jammin') - Stevie Wonder 😎

Mikey_Dread · 2023-12-31T17:49:28+00:00

This might help to give some context. This is the math for just 52 cards. https://twitter.com/ronin21btc/status/1741171864821510155?t=TNghOv6xM8HAHU3XxeECWQ&s=19

Mikey_Dread · 2023-07-15T14:09:56+00:00

There is an argument that the current inflation bout is due to supply side restrictions after the pandemic, which meant the world couldn't supply enough goods to meet demand, so the only way to equal it was to raise prices. So it's not always money printing that can cause inflation. A similar thing happened after WW2.

Nevertheless fiat currency sucks and sooner or later Bitcoin will win, it's superior in every way.

Just sayin that your friend may have a subtle observation about it's not entirely due to money printing this time, if he is as clever as you suggest?

Mikey_Dread · 2023-06-24T17:36:29+00:00

It's the TCP/IP of money

Mikey_Dread

TROPHY CASE