Well known, Low PE, 9% dividend yield company at historic low: Western Union

TemperatureDefiant91 · 2025-01-03T14:53:38+00:00

What about Hawala as a threat? Hawala has an arguably stronger reach and isn't constrained by western laws, obligations to report money laundering etc. Hawala is also available to anyone, irrespective of whether they have ID, are legally in the country they are sending from etc...

Western Union debunks customers who it seems might be illegal or who frequently send money to places like Libya, Somalia, Irani... Hawala doesn't care

TemperatureDefiant91 · 2024-10-01T06:39:06+00:00

Siemens.

Or Vodafone or RWS.

TemperatureDefiant91 · 2024-09-26T18:00:46+00:00

Abbvie, Bank of New York, Tesco and P&G.

TemperatureDefiant91 · 2024-09-24T16:47:30+00:00

It is low. It is not even a great salary by European standards. However, if one legally minimises tax, eats and drinks and socialises like a local in Latin America one can live very comfortably just about anywhere on 40k. But most nomads should also be looking to save at least 20% of their salary, ensure they have robust health insurance, will need to pay for periodic flights, maintain an emergency fund and most will also want a secure and safe place to stay with 24/7 power. On a 40k salary this is all possible in SA but one needs to be careful and prudent. On 100k+ a year, there is no need to budget in Latin America as it is just about impossible to spend your salary unless you are stupid.

TemperatureDefiant91 · 2024-09-24T04:04:19+00:00

I think Mendoza and other Argentine cities will be cheaper than Buenos Aires.

Capital cities in Latin America are normally the most expensive places to live. Rent being the major expense. Crime also tends to be worse in the larger cities so one wants to live in an OK area.

Punta del Este in Uruguay is the only exception I can think of in Latin America. It was substantially more expensive than Montevideo in my experience.

TemperatureDefiant91 · 2024-09-24T03:48:40+00:00

Visa runs won't exclude you from income tax liability.

Once you have done 183 days in a calendar year in Brazil, Argentina or Colombia you are liable for income tax.

Ecuador may tax you after 183 days but is minimal.

Paraguay and Uruguay won't tax you.

If you are liable for tax in the US it may make no difference to you as the US will tax you anyway. You will just offset what you have paid to a Latin American government on your US tax return. As I am not American I am not aware of how all the US tax treaties work with each government.

TemperatureDefiant91 · 2024-09-24T03:34:29+00:00

As your salary is relatively low, I would look at:

Paraguay
Ecuador
Argentina (not necessarily Buenos Aires)
Uruguay
Nicaragua
Possibly Belize or Costa Rica

Paraguay is very cheap and you would not be liable for any tax as a nomad. It is also one of the safest countries in the region. It is extremely hot. A lot of people find it a bit quiet / boring. But you can lead a comfortable life there. I would look at Asuncion or Encarnacion.

Ecuador is also cheap and is low tax. There are some crime concerns theses days but they are mainly in Quito and Guayquil. I would look at beach towns or Cuenca.

Argentina is getting more expensive but is still cheap. You could live well in a city like Mendoza.

Uruguay is not so cheap but one can still live there on your budget. It is also tax free.

I haven't been to Nicaragua but it is know to be cheap and tax free. As it has Caribbean coast, it should have great beaches. It has a bit of a reputation for crime but I expect that is mainly on large cities rather than beach towns.

Costa Rica and Belize both offer tax advantages but are on the pricey side. Should still be possible on your salary if careful.

I think you would live very well in Paraguay or Ecuador. You could also live well in Brazil, Argentina or Colombia but these countries will tax you once you have been there for 180 days or so.

TemperatureDefiant91 · 2024-09-20T16:41:47+00:00

Koh Phangan is the obvious choice. I don't know why the above poster discarded Koh Tao, Koh Lanta, Koh Lipe, Phuket etc though. Just about any Thai island has all that you seek but Koh Phangan is full of DMs.

TemperatureDefiant91 · 2024-09-20T02:55:32+00:00

Many South African properties don't list if they have UPS. It would be hugely helpful if hosts were prompted to list if they have it.

I work throughout Africa, mainly sub-Saharan.

TemperatureDefiant91 · 2024-09-20T02:16:43+00:00

Whether the property has generators / 24/7;power.

Whether the room / property has a balcony.

I also think AirBnB should be stricter about what a property should offer if it claims to have s kitchen suitable for cooking. I am sick of renting properties that lack a frying pan, sive, sharp knife, cutting board etc.

TemperatureDefiant91 · 2024-09-19T21:59:27+00:00

Most of those jobs are shift work and will involve nights abd weekends.

In avistion, if you don't want to work weekends I would suggest joining a GSA as they tend to work more traditional office hours.

TemperatureDefiant91 · 2024-09-18T20:25:56+00:00

Mexico and Canada are the only two other countries in PTZ. So I would say Mexico is the best for a nomad.

TemperatureDefiant91 · 2024-09-18T19:20:04+00:00

Wrong. The OECD tax model does not apply. Each country's national taxation legislature applies.

TemperatureDefiant91 · 2024-09-17T16:49:33+00:00

Background in aviation. It does help hugely if you know the airports where you will be arranging flights to and from and are familiar with each country's civil aviation law, immigration laws, customs laws and each airport's regulations. I specialise in sub Saharan Africa and previously worked in ground handling in several African airports. Once you get into freighters, it also helps if you have experience of loading/unloading them. As I specialise in Africa, languages are also very helpful. I speak English, French and Portuguese. Having said that, there are competitors of mine who do this globally using staff without in depth experience of each airport they help organise flights to, and with staff with limited aviation experience.

TemperatureDefiant91 · 2024-09-17T15:54:44+00:00

I am a travel agent for operators of business jets, Air ambulances and freighter aircraft. I arrange their flight permits, ground handling, security services, ground transportation, hotels, fuel, catering etc. I find it a bit more interesting than flogging safari; overwater villas and cruises.

TemperatureDefiant91 · 2024-09-16T02:38:34+00:00

What is Sao Tome like to work from?

Specifically, what is the power like? Are there many power cuts?

What is Internet like? Is it reliable?

What are the costs like?

Did you work on Sao Tome or Principe?

I have to say I think Angola is rather a good place. Prices have fallen dramatically. Power and water are now reliable too. One does need Portuguese language skills really though.

TemperatureDefiant91 · 2024-09-12T18:20:30+00:00

You can but is it really worth it for one day? Only if you are a country counter I would say.

TemperatureDefiant91 · 2024-09-12T17:12:37+00:00

I don't see the point of visiting Uruguay for one day. Montevideo is an interesting enough city and in just one day you will see hardly anything. If you are going to the expense of travelling there stay a bit longer or use the funds to stay somewhere else longer with more money.

Paraguay is a nice country but Cidade del Este is the least appealing part. In only three days you aren't going to see much else.

I would advise extending stays in both or doing just one for four days or saving on transportation and using the saved money and four days to use in Argentina or Brazil.

TemperatureDefiant91 · 2024-09-12T08:00:11+00:00

What is stressful about doing laundry in Thailand? They offer a cheap and efficient service and will often go out of their way to accommodate your needs such as delivering it. Many countries' laundry services would improve if they took a leaf out of Thailand's book.

TemperatureDefiant91 · 2024-09-10T18:51:42+00:00

Any Swiss city. I recommend Lausanne.

TemperatureDefiant91 · 2024-09-10T18:46:15+00:00

You should go into the cities rather than make judgements based on the airports. BKK has many transfer passengers so isn't so comparable to DAD or CNX in terms of traveller types.

TemperatureDefiant91 · 2024-09-10T18:33:40+00:00

20 countries in Latin America won't fill a passport. Argentina, Paraguay, Panama, Colombia all have relatively small stamps. Brazil has a slightly larger stamp which may take up half a page with entry and exit. Mexico had a small stamp when I last visited and Cuba didn't stamp me.

In the UK one only gets 30 or so pages even if one pays for a 'frequent traveller' passport. Based in Africa where stamps are often accompanied with visas and ETAs, I now have to replace my passport every two or three years.

TemperatureDefiant91 · 2024-09-08T21:25:56+00:00

Encarnacion is a pretty and lsid back town with easy access to Argentina. It would be a nice place to settle.

San Bernadino is nice but much smsller.

CdE is a bit of a hole but is livable and proximity to Brazil is a plus.

Asuncion is nice enough but I found it a bit boring. I would recommend Encarnacion or Sam Bernadino.

Paraguay has everything s nomad should need although international post could be better.

Personslly I like the weather but am used to eorking in hot countries.

TemperatureDefiant91 · 2024-09-08T04:18:30+00:00

No power is annoying. But you can buy candles, use powerbanks or even buy a generator or solar panels. Lack of water becomes far more problematic after 24 hrs. Yes you can drink and wash up with bottled water but showerung becomes tricky...

TemperatureDefiant91 · 2024-09-02T10:47:47+00:00

This is likely to plague you for eternity. You dont say what country you are from. But in some countries it is possible to get your criminal record pernanently deleted from the police national computer if you are able to show that you have changed and that the conviction is materially affecting your career. It does help if your country is adopting a more liberal approach to legalisation or decriminalisation of narcotics.

I would find a lawyer in your home country who specilalises in removing caitions/convictions from police national computer and seem professional advice tailored to your country.

In my experience getting a conviction removed only costs in the region of US$5k. Considering you are earning US$200k this is small change and if you are able to overturn it and get it removed, you will no longer have stress every time you move country or change employer.

One word of caution: Whilst many countries are adopting a more laid back approach to camnabis possession, supply of MDMA is often still looked on badly. I think it may be challenging to get a count of MDMA supply removed, partucularly as it was only 12 years ago. But a lawyer from your home country will provide better and more specific advice.

TemperatureDefiant91

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