Quote: (12-05-2013 07:51 PM)youngmobileglobal Wrote:
Move to Singapore, live frugally in an Airbnb apt......
If necessary, become a citizen of Singapore and renounce your US citizenship to get rid of worldwide taxation for the rest of your life
AirBNB apartment is more expensive in Singapore than long term rental. Besides you cannot live frugally in Singapore. Everything here is fucking expensive. A studio apartment will set you back S$4000 a month.
Although Singapore is low tax country in terms of income tax, it has much much more indirect tax and as a result, it is much more expensive to live here than US. So you're just trading one poison with another poison when you change nationality.