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Joined 1 year ago
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Cake day: November 15th, 2023

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  • If you have a visa that allows residency, you can get a bank account.

    That’s true for all countries.

    Some may accept the Visa itself as proof, some may require you wait until you get your actual residents ID.

    Try some different banks, maybe ones focused at younger people.

    Making an account at ENDB in Dubai is annoying, since it’s “old school” and wants all kinds of paper. Meanwhile, Liv, ENDB’s own “millennial” bank can open an account on a mobile app in 10 minutes.


  • I have a comfortable enough social safety net that I’m okay running it a bit lower depending on context (like going over the threshold to visit family for holidays or meet investment goals). Obviously, need to pay that back, but I haven’t really needed it yet either.

    If I actually went negative, I have access to other money.

    Right now I’m a bit low due to some delayed invoice payments from clients, a recent surgery, and flights and other costs related to the Holidays.

    I wouldn’t do like a year, that seems way too much, unless your work is very unstable and you have no social safety net.

    3 months is comfortable.







  • This is possible, in part, due to Portugal’s 71 double taxation treaties. According to the regime, as long as the source country of your income has the power to tax your income (regardless of whether or not they actually apply the tax), Portugal will not tax your foreign-sourced income

    This is false. Just about all of it.

    That isn’t how these double taxation treaties work.

    What it actually means is that if multiple countries can assess you for taxes, they both do at whatever the rate is and they get a dollar amount.

    Then the most direct claim against your taxes (typically the one of the country you are physically present in when working) takes their tax.

    then the second/others look at their number, and subtract the taxes you already pad to the first country. And now they take their tax if the number is still positive.

    So, no, it has nothing to do with just “a country CAN tax your income”, but SPECIFICALLY how much taxes they take.



  • Well, broadly speaking, if you think about the intent of the laws, this isn’t that confusing. Such labour laws exist for the purpose of protecting the domestic work force, primarily those that have the skills to perform that job locally.

    In the event of specific executive stuff, it’s specific. There isn’t actually competition.

    On top of just the fact some Executive isn’t going to just overstay and illegally move there.

    Add on even further that if a country wants to court foreign investments, requiring the foreign company executives to get work visas for everyone they send to the country to just inspect things and have a meeting would be a major difficulty in the context.

    Want to speak at a conference in our country? Get a work visa!

    Probably wouldn’t have many conferences hosted in your country. Most of the “business” contexts are ones where the country WANTS people to come in.





  • Generally speaking, you owe taxes for all work conducted inside of a country.

    You may not become a bona fide tax resident until whatever the timeline is (normally 6 months) which changes how you are taxed (and what benefits you get for those taxes), not that you are taxed.

    But also, if you are on a tourist visa, you can’t legally work. So by trying to pay taxes, you tell them you were illegally working.

    Mostly, countries don’t enforce this much onto this kind of group. You aren’t actually competing against local labor, and you also aren’t getting most of the benefits those taxes fund. So it’s just a very low priority.

    I can’t imagine any countries really cracking down on it until they at least have some fairly simple digital worker visa, since otherwise they just aren’t offering anything that you could ACTUALLY do to make it legal.