Depends on the country. I prefer to get an investor's visa so that there won't be any hassle because you get a direct permission for indefinite stay. To get an investor's visa you must invest in the government related companies for a few years, depending on the country. The amount you have to invest varies from 50,000$ to 1million$.
Best countries to move (that I know of):
1) Dubai (needed investment 30 lakhs) -direct entry. No tax for anything.
2)Philippines (variable investment.) - direct entry. Very low tax. Really awesome country because they speak english better than you.
3) Switzerland (best country for rich traders to move in)- fixed 500,000$ tax and the rest of the tax you pay depend on how much you spend.
4)Thailand and singapore (variable investment) -direct entry. Zero tax but low standard of living compared to philippines.
5) Any tax havens - not recommended.
I find only Dubai interesting. It's very straightforward and without tax. More than 20% of the population are also indians. Countries like philippines and thailand has it's own problems. The most safest bet you can get is US or CANADA. Even though you pay around 34% effective tax every year, its worth it. 500,000$ investment in US will get you a direct green card. :clap:.
These are only recommended for traders more than million dollars capital. Or else it's not worth moving to any other country. Keep trading those Nifty options until you get rich.
EDIT: I have just checked Philippines and Thailand's government websites. You have to invest 75,000$ for Philippines and approx 6 lakh rupees for Thailand. (awesome right? )
Check this out. http://www.investorvisa.ae/investor-visa/thailand/
Best countries to move (that I know of):
1) Dubai (needed investment 30 lakhs) -direct entry. No tax for anything.
2)Philippines (variable investment.) - direct entry. Very low tax. Really awesome country because they speak english better than you.
3) Switzerland (best country for rich traders to move in)- fixed 500,000$ tax and the rest of the tax you pay depend on how much you spend.
4)Thailand and singapore (variable investment) -direct entry. Zero tax but low standard of living compared to philippines.
5) Any tax havens - not recommended.
I find only Dubai interesting. It's very straightforward and without tax. More than 20% of the population are also indians. Countries like philippines and thailand has it's own problems. The most safest bet you can get is US or CANADA. Even though you pay around 34% effective tax every year, its worth it. 500,000$ investment in US will get you a direct green card. :clap:.
These are only recommended for traders more than million dollars capital. Or else it's not worth moving to any other country. Keep trading those Nifty options until you get rich.
EDIT: I have just checked Philippines and Thailand's government websites. You have to invest 75,000$ for Philippines and approx 6 lakh rupees for Thailand. (awesome right? )
Check this out. http://www.investorvisa.ae/investor-visa/thailand/
I don't think u have done proper research.
Singapore is not zero tax. If you are a full time trader then most countries where capital gains is 0% tax still considers your income as personal income and tax is applied as such. So it will be upto 21% if individual or upto 18% if Corporation/LLC.
The rest also I think you are missing fine prints.
Anyways if you are serious then u need to hire a professional to evaluate.