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What topic do you LOVE to talk about, but rarely get to? (lemmy.world)

submitted 1 year ago by FooBarrington@lemmy.world to c/asklemmy@lemmy.world

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Everyone has something they can't stop themselves from nerding out over - but often it's hard to find people to talk to about it. So go ahead, share your interests, and tell us about them!

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[-] ImFresh3x@sh.itjust.works 2 points 1 year ago

My uncle did this in retirement. Dual citizenship US - Italy. Moving to southern Italy village of less than 20k population means 7% flat tax for 10 years. He’s probably saving 100k per year in taxes. Which pays a lot toward a nice villa, a sailboat, dinners out, and travel money.

I don’t know all the details (yet). I also have US/Italian/EU citizenship, so it’s something I thing about. I think about living in a sailboat in the Mediterranean often.

It’s all very interesting. Your method is even more intriguing.

Have any good resources in the topic you can share?

[-] thelastknowngod@lemm.ee 1 points 1 year ago

For what it's worth, I haven't paid more than ~1% effective tax rate in years. This past year I owed like $50 total.. For the whole year. Something like 0.03% of my actual income.

If you want to stay stationary, 7% is pretty decent but you can do better bouncing around.

[-] ImFresh3x@sh.itjust.works 1 points 1 year ago

I’d really love to see some starting point information I can digest on this subject. If you have any please share.

this post was submitted on 01 Sep 2023

137 points (96.0% liked)

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