TahiPanasDua wrote:jaizan wrote:One should always plan for the worst case.
If that comes to pass, then I would probably move the bulk of my modest portfolio to Singapore and then go and live somewhere like The Isle of Man, or more promisingly, Thailand, where I believe overseas income is not taxed.
You might like to consider Malaysia. I lived and worked there and enjoyed it a lot. Whilst tax levels are quite high, they have a territorial tax regime meaning you only pay tax on any money actually remitted to Malaysia. Expat friends there use overseas credit cards, etc to reduce Malaysian tax to minimal levels. The country has a Malaysia My Second Home scheme which grants a 10 year renewable visa which you could consider.
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Can confirm both Malaysia and Singapore have a lot going for them. Added personal bonus: saya boleh bercakap sedikit Bahasa Melayu (bahasa saya kelima!)though to be honest English is ubiquitous. (Not sure we should translate your username though TP2 ! )