I will be taking the leap and moving to Costa Rica. I was wondering if there were any other expats out there with some advice to give about trading internationally. Any quirks related to brokers or taxes that I should be aware of? Thanks!
Hi Jake. I'm living in Belgium and their taxes are pretty steep. Dividends are only taxed at 30% in Belgium versus 50% income tax plus 45% social taxes if you are self-employed. I spent an hour with a Belgium tax attorney that was well spent. I suggest doing the same in Costa Rica to see how to minimize your tax liability.
Trading shouldn't be a problem as your time zone isn't a crazy offset from the U.S. markets like it is for Australian traders.