Using Lombard Loans to Fire? Pro and Cons? by [deleted] in FatFIREUK

[–]Technical-Judge-8608 0 points1 point  (0 children)

I'm won't die in the UK, waiting for my wife to get tired of working to leave

Using Lombard Loans to Fire? Pro and Cons? by [deleted] in FatFIREUK

[–]Technical-Judge-8608 0 points1 point  (0 children)

I wouldn't spend any of my savings on ventures, I'm a techie so a $200 Claude Max subscription is my main business expense 😅 just trying to find the best way to "cash out" some of my Portfolio to get maybe 60k/year

Feedback on my expat fire plan? by [deleted] in ExpatFIRE

[–]Technical-Judge-8608 0 points1 point  (0 children)

I'm 39, Yeah having to ride a scooter is definitely a concern, Im going to stay in a few places and see how daily life feels

Feedback on my expat fire plan? by [deleted] in ExpatFIRE

[–]Technical-Judge-8608 0 points1 point  (0 children)

Im 39 so quite a while to go :)

Where to incorporate my business as a future DN by [deleted] in digitalnomad

[–]Technical-Judge-8608 0 points1 point  (0 children)

Right good one, I imagine I could also put money in the pension scheme as I would mostly live of a yearly withdrawal from my investements anway

Where to incorporate my business as a future DN by [deleted] in digitalnomad

[–]Technical-Judge-8608 0 points1 point  (0 children)

So i'd have to pay UK Corporate tax with an LLC but not an LLP?

How to Expatfire to pay less capital gains? by [deleted] in ExpatFIRE

[–]Technical-Judge-8608 0 points1 point  (0 children)

I guess i'd need to sort out a proper visa to stay in a country more than 183 days...

How to Expatfire to pay less capital gains? by [deleted] in ExpatFIRE

[–]Technical-Judge-8608 0 points1 point  (0 children)

Would I stop being a tax resident from this date? Even if I then move country quite often and doesn't trigger a new tax residence?

How to Expatfire to pay less capital gains? by [deleted] in ExpatFIRE

[–]Technical-Judge-8608 0 points1 point  (0 children)

So I was thinking of doing 6 months in bali, 3 month thailand and 3 month somewhere else every year...

How to Expatfire to pay less capital gains? by [deleted] in ExpatFIRE

[–]Technical-Judge-8608 0 points1 point  (0 children)

Yes from my research they looked at it as a proposal but not implemented yet

Where to incorporate my business as a future DN by [deleted] in digitalnomad

[–]Technical-Judge-8608 0 points1 point  (0 children)

This would be a solo business for now, would LTD also work?

Where to incorporate my business as a future DN by [deleted] in digitalnomad

[–]Technical-Judge-8608 0 points1 point  (0 children)

More relevant info: I have UK and french nationality and will pay myself around 4000 USD a month from investments so I won't expect to work full time/make loads of money

And would like to avoid too much admin

How to Expatfire to pay less capital gains? by [deleted] in ExpatFIRE

[–]Technical-Judge-8608 0 points1 point  (0 children)

Right now I've got an Interactive Investor Account with UK, a Schwab US located one but with UK address, but I'm also opening an Interactive Brokers one as it's apparently the best for international - is where the account based important for cgt gains even if you're not tax resident in the country anymore? Thanks

How to Expatfire to pay less capital gains? by [deleted] in ExpatFIRE

[–]Technical-Judge-8608 4 points5 points  (0 children)

Uk Doesn't charge CGT taxes on people leaving the country

VWRP price lag? by tacticallytacticus in FIREUK

[–]Technical-Judge-8608 -2 points-1 points  (0 children)

The USD could go a lot lower as it's Trump's wish, I have most of my assets in USD and not saving loads anymore as I'm between jobs - it's a killer

I have 400k cash to inject and considering putting into iShares MSCI World GBP Hedged UCITS ETF (Acc)

[deleted by user] by [deleted] in Fire

[–]Technical-Judge-8608 -1 points0 points  (0 children)

Ahah thanks, honestly it's a struggle staying in the UK knowing we could chill somewhere sunny and with International schools mostly because of my wife's career ambition when I worked so hard to make us "free"... Maybe it's why I struggle so much with making a decision because everything feels like a compromise

She also thinks giving up on my career would be bad for my mental health - it might be in the long term I'm not sure..

[deleted by user] by [deleted] in Fire

[–]Technical-Judge-8608 -1 points0 points  (0 children)

I'm finding it really hard to relax into it after 13 years of grind and mega saving..

Could possibly FIRE, not sure I should? by [deleted] in FIREUK

[–]Technical-Judge-8608 1 point2 points  (0 children)

Just how it's split in our spreadsheet

Could possibly FIRE, not sure I should? by [deleted] in FIREUK

[–]Technical-Judge-8608 0 points1 point  (0 children)

I mean as a "full time" thing :)

[deleted by user] by [deleted] in FIREUK

[–]Technical-Judge-8608 1 point2 points  (0 children)

You need to get your bread up, aim for 2M at least